Home care services

Home care services

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Home care services
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Home care services consist of home assistance, companionship, help with personal hygiene, medication management and specialized care. Clients and beneficiaries include the elderly, people with disabilities, children, and patients with long-term health conditions requiring specialized care.

Expected Impact

Transform healthcare by providing personalized and accessible services, contributing to gender equality and reducing marginalization.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
< 5% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Good health and well-being (SDG 3) Good health and well-being (SDG 3) Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Reduced Inequalities (SDG 10)
Sector Sources
  • 1) PAHO, 2021. Health in the Americas. COUNTRY PROFILE Dominican Republic: Country Profile - Dominican Republic | Health in the Americas (paho.org). 2) World Bank, 2019. Physicians (per 1,000 people) - Dominican Republic | Data (bancomundial.org). 3) World Bank, 2017. Camas hospitalarias (por cada 1.000 personas) - Dominican Republic | Data (bancomundial.org) 4) World Bank, 2020. https://datos.bancomundial.org/indicator/SH.STA.MMRT?locations=DO 5) World Bank. 2023. World Bank to support the Dominican Republic’s health care system. https://www.worldbank.org/en/news/press-release/2023/12/05/apoyo-banco-mundial-para-mejor-sistema-de-salud-publica-republica-dominicana 6) UNICEF. 2022. Estimación preliminar del costo de fortalecer el primer nivel de atención en la red pública. https://www.unicef.org/dominicanrepublic/media/6916/file/Estimaci%C3%B3n%20preliminar%20del%20costo%20de%20fortalecer%20el%20primer%20nivel%20de%20atenci%C3%B3n%20en%20la%20red%20p%C3%BAblica%20-%20PUBLICACION.pdf 7) MEPYD 2020. Lineamientos estratégicos. Formulación Plan Nacional Plurianual del Sector Público 2021-2024. https://mepyd.gob.do/wp-content/uploads/2020/09/Lineamientos-estrategicos-PNPSP-2020-2024.pdf
IOA Sources
  • 8) MEPyD, 2021. Building a National Care Policy with territorial stakeholders. Total estimate of potential target population of the care economy in Supérate households: Executive summary. https://mepyd.gob.do/wp-content/uploads/drive/VAES/Informes/Resumen%20ejecutivo%20Comunidades%20de%20Cuidado_MEPyD_WEB.pdf 9) UNFPA, 2016. Datos sobre la vejez en República Dominicana: https://dominicanrepublic.unfpa.org/es/publicaciones/datos-sobre-la-vejez-en-rep%C3%BAblica-dominicana#:~:text=1%20La%20poblaci%C3%B3n%20de%20m%C3%A1s,Rep%C3%BAblica%20Dominicana%20es%20de%20666%2C952.&text=3%20representando%20el%209.7%25%20de,el%202050%20sea%20el%2021.4%25. 10) MEPyD. 2023. Viceministra Olaya Dotel afirma que la política de cuidados coloca al país a la vanguardia de América Latina y el Caribe. https://mepyd.gob.do/viceministra-olaya-dotel-afirma-que-la-politica-de-cuidados-coloca-al-pais-a-la-vanguardia-de-america-latina-y-el-caribe/ 11) Ministerio de la Mujer. 2021. En RD las mujeres dedican 31,2 horas al trabajo no remunerado, en comparación con 9,6 que dedican los hombres a la misma tarea. https://mujer.gob.do/index.php/noticias/item/886-en-rd-las-mujeres-dedican-31-2-horas-al-trabajo-no-remunerado-en-comparacion-con-9-6-que-dedican-los-hombres-a-la-misma-tarea 12) World Bank, 2019. Suicide mortality rate (per 100 000 population): https://datos.bancomundial.org/indicador/SH.STA.SUIC.P5?locations=OE-DO. 13) ONE, 2021. Unemployment rate in the Dominican Republic. 14) MEPyD, 2021. Expected results 2021-2024 of the National Multi-Year Public Sector Plan: https://mepyd.gob.do/publicaciones/plan-nacional-plurianual-del-sector-publico-2021-2024/. 15) MEPyD, 2021. Plan Nacional Plurianual del Sector Público 2021-2024: https://mepyd.gob.do/publicaciones/plan-nacional-plurianual-del-sector-publico-2021-2024/. 16) Ministerio de la Mujer. 2019. Plan Nacional para la Igualdad y la Equidad de Género (PLANEG III) 2020-2030. https://mujer.gob.do/transparencia/phocadownload/Publicaciones/Planeg/PLANEG%20III%202020-2030.pdf 17) MEPyD, 2016. Ley 1-12 "Estrategia Nacional de Desarrollo 2030": Microsoft Word - LEY NO. 1-12 LEY ORGANICA DE LA ESTRATEGIA NACIONAL DE DESARROLLO 2030 (mepyd.gob.do). 18) Servicio Nacional de Salud, Ley 42-01 General de Salud: Ley 42-01 General de Salud - Servicio Nacional de Salud (sns.gob.do) 19) Organic Law on Equal Rights of Persons with Disabilities no. 5-13 Enacted January 15, 2013: Law-5-13.pdf (conadis.gob.do). 20) National Congress, 1998. Law No. 352-98 on Protection of the Aging Person: Ley 352-98RDominicana.doc (conape.gob.do). 21) MEPyD,2023. Government launches Local Care Plan in the municipality of Azua as part of the Communities of Care pilot strategy:https://mepyd.gob.do/gobierno-lanza-plan-local-de-cuidados-en-municipio-de-azua-como-parte-de-la-estrategia-piloto-comunidades-de-cuidado/