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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. In long-term care, optimizing administrative tasks is the notable recommendation. What role can technology play in lowering the cost of care?

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Five policy changes from 2023 that will drive more tech for older adults

Aging in Place Technology Watch

Notably mentioned includes self-directed care, information and assistance, statewide programs to improve access to technology, purchase of technology and training about the use of technology as part of programs that include training for employment, information and referral, nutrition assistance, and health support. Dementia care.

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Insights from 2023 Market Overview Technology for Aging

Aging in Place Technology Watch

But it is notable in 2023 that: Older adults will adapt to change and adopt new technology. Older people, consumers of a significant portion of healthcare spending, will need and use many of the so-called digital health technology categories. . and so it goes. And we know that new barriers are just around the corner.

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Healthcare's new equation = technology + operations

Healthcare IT News - Telehealth

Artificial Intelligence Electronic Health Records (EHR, EMR) Telehealth Workflow Workforce A balanced approach to deploying new IT that reduces the burden on employees and provides patients with enhanced services is key to stabilizing and advancing healthcare industry processes.

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Five new technologies for older adults -- 2023 wrap-up (1 of 2)

Aging in Place Technology Watch

This past year underscored the demographic changes that have brought an aging population -- turning 65 at a rate of 10,000 per day -- into the sight lines of investors, startups and health providers. This post is the first of two about 2023 notable offerings. category tags: caregivers , Home Care , senior living , AgeTech

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For care delivery and older adults, is the time now for AI in Healthcare?

Aging in Place Technology Watch

And as with all Gartner hype cycles and notable tech trends, even though execs are interested, most do not have an AI strategy. And this updated information will ideally be available to other medical providers, not to mention senior and home health care companies that will soon see the discharged patient.

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The 'giant sucking sound' of digital health consolidation

Healthcare IT News - Telehealth

Connected Health Mergers & Acquisitions Telehealth The ongoing wave of mergers and acquisitions makes sense for startups and their VC backers. What does it mean for CIOs at their health system customers? Silver Cloud is a behavioural health company that has developed digital care models equivalent to face-to-face encounters.