Remove tag home-health-1
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The cost of long-term care -- could technology help lower it?

Aging in Place Technology Watch

And for sure, the pandemic institutionalized the role of in-home telehealth, with CMS reimbursement presumed to become permanent , or at least regularly renewed. Note that Medicaid pays between 45-65% of nursing home costs in most states. Figure 1 Annual Cost of Care, 2021 Source: Genworth Financial.

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CENSUS: Senior care growth means tech change will be mandatory

Aging in Place Technology Watch

Home Health Care Services experienced an even larger increase – 50/5% -- during the same period.” Figure 1 Estimated revenues from care related services 2013-2020. Execs site the potential for improvements in staff utilization, resident health and wellbeing, family communication, and more.

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7 Key Trends to Watch from Aging and Health Technology Watch

Aging in Place Technology Watch

In an interview with Best Buy Health for their 800,000 recipient newsletter, these were the 7 trends we identified that will persist throughout the year -- and beyond. A striking shift from care in faci lities and hospitals to care in the home. . Sensor technology shrinks and changes form for health care.

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9amHealth Raises $9.5M Series A Extension Led by The Cigna Group Ventures to Expand to Employers Nationwide

Healthcare IT Today

After Being Selected by Leading PBMs, Benefits Navigators, and Health Plans as the Virtual Cardiometabolic Provider of Choice, 9amHealth Increases the Round’s Total to $25M 9amHealth , the leading virtual provider for cardiometabolic health, announced it has raised $9.5 million in a Series A extension round today.

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Asking Bing and ChatGPT about AI-enabled technologies to help older adults

Aging in Place Technology Watch

But here are 'answers': Bing Chat: There are many AI-enabled technologies that are available today to help older adults with various aspects of their health and well-being. Some examples are: Remote home monitoring: Elder care robots that can assist nurses and caregivers to focus on the elderly person’s needs 1.

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Internet access changed everything, including for older adults

Aging in Place Technology Watch

Older adults began to go online, and between 2017 and 2022, according to the US Census the 65+ population grew to more than 56 million people, and the percentage without a computer in the home shrank. Broadband ( high speed Internet, as defined by the FCC ) subscription service has been widely adopted by the 65+ population (see Figure 1 ).

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It’s 2022 – has technology use progressed in senior care?

Aging in Place Technology Watch

We know that one of the biggest issues in senior living (and home care, nursing homes, home health care) today is a shortage of labor. This roll-up of statistics shows more than 400,000 employees lost between 2020 and 2022, with long-term care facilities (aka nursing homes) being the most impacted.

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