Ohio Home Care Market at a Glance
2.2 million (65+)
Senior Population
16.8% (2020-2030)
Projected Growth
2.2x - 3.8x
Typical Multiples
$4.2 Billion
Market Size
Key Market Facts
7th largest state population with significant senior growth
Major metros: Columbus, Cleveland, Cincinnati, Dayton
Diverse economy with healthcare as major employer
Central location provides regional expansion opportunities
Market Opportunities
Large senior population concentrated in accessible metros
Lower cost of living attracts retirees from higher-cost states
Strong hospital systems create referral partnerships
Growing Columbus market with younger professional population
Market Challenges
Competitive Cleveland and Cincinnati markets
Medicaid managed care consolidation pressures rates
Rural Appalachian regions face access challenges
Weather impacts similar to Michigan in winter months
Ohio Regulatory Environment
Licensed by Ohio Department of Health for home health
Ohio Department of Aging oversees PASSPORT waiver program
MyCare Ohio integrates Medicare and Medicaid for dual-eligibles
Background check requirements through BCI&I
Data Sources
Market Size: Estimated from IBIS World Home Care Providers Industry Report and state-level Medicare/Medicaid expenditure data.
Valuation Multiples: Derived from M&A transaction databases and industry broker reports for home care and home health agencies.
Growth Projections: Based on 65+ population projections from the U.S. Census Bureau (2020-2030).
Senior Population: U.S. Census Bureau American Community Survey estimates.