GETTYSBURG, Pa. (March 29, 2020) — A new report by OPEN MINDS, The Evolving Market For Consumers With Intellectual & Developmental Disabilities: An OPEN MINDS 2020 Market Intelligence Report, found that nearly 15.5 million people in the United States had an intellectual or developmental disability (I/DD) in 2018, or about 4.75% of the total U.S. population. Taking a deeper dive into the strategic challenges, from 2016 to 2017, the number of people with an I/DD on waiting lists for Medicaid-funded home- and community-based services (HCBS) increased by 49,000 people, to 473,000 – an 11.6% increase.
The I/DD market analysis will be released as a two-part series of market intelligence reports. The first report, The Evolving Market For Consumers With Intellectual & Developmental Disabilities: An OPEN MINDS 2020 Market Intelligence Report, provides the latest market metrics on the I/DD population including an overview of the consumer population by age group and the trends in national public spending by service. Each report will cover distinct trends related to the I/DD population – while also outlining a number of strategic challenges faced within the I/DD market.
“For provider organizations looking to factor in the latest I/DD market metrics into their next strategic planning session, this two-part series takes a deep dive into the I/DD support services market including the population and the total spending by market segment” said OPEN MINDS Vice President of Market Intelligence Michelle Coughlin-Malak. “While it may seem like progress in I/DD financing and service delivery is slow, we are tracking the important changes ahead—including the increase in those enrolled in Medicaid long-term services and supports, as well as the increase of total spending in community-based services.”
A free summary analysis of the report can be found at: Who’s Waiting & Why? The report, The Evolving Market For Consumers With Intellectual & Developmental Disabilities: An OPEN MINDS 2020 Market Intelligence Report, is available at no charge to Premium and Elite members of The OPEN MINDS Circle and can be purchased in the OPEN MINDS shop for $495.
For additional questions and inquiries, please contact Michelle Coughlin-Malak, Vice President, Market Intelligence, OPEN MINDS at 717-334-1329 or firstname.lastname@example.org.
ABOUT OPEN MINDS
OPEN MINDS is an award-winning information source, executive education provider, and business solutions firm specializing in the domains of health and human services serving consumers with chronic conditions and complex support needs. For thirty years, we’ve been pioneers for change – helping organizations implement the transformational business practices they need to succeed in an evolving market with new reimbursement, competition, policies, and regulations.
OPEN MINDS is powered by a national team of experienced executives and subject matter experts with specific expertise and experience in nine key market areas – mental health, addictions, chronic conditions, autism and intellectual/developmental disabilities, long-term care, children’s services, social services, juvenile justice, and corrections health care. Our mission is to improve the quality of care for consumers with complex support needs by improving the effectiveness of those serving them – provider organizations, payer and insurance organizations, government agencies, pharmaceutical organizations, and technology firms. Learn more at www.openminds.com.