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The cost of long-term care -- could technology help lower it?

Aging in Place Technology Watch

Consider the Genworth data (see Figure 1 ) showing that it cost $108,405 for a private room in a nursing home in 2021, $61,776 for home health aide services, and $54 ,00 0 in assisted living. category tags: Skilled Nursing Facilities (SNF) , SNF , wearables , Telehealth-RPM-Virtual Visits-Voice Health , IoT and home monitoring.

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