The cost of long-term care -- could technology help lower it?
Aging in Place Technology Watch
NOVEMBER 16, 2022
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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