Several governments in countries around the world are experimenting with mobile healthcare technology, including remote monitoring for seniors, but a new study found that among older patients, telemonitoring did not result in fewer hospitalizations or emergency department visits. In fact, the study showed that seniors in the telemonitoring group actually had a higher mortality rate [...]
The senior living industry is in the midst of a “perfect” storm—global aging, healthcare reform requirements, threatened entitlement programs, and substantially lowered home values—that requires a culture of innovation in order to thrive, writes Michele Holleran, the founder of research firm Holleran and consultancy firm DeArment Consulting, in a recent white paper. That storm isn’t [...]
This roundup links to several tech-related articles, as multiple news outlets are reporting on the latest technological developments and advances, including how Health Care Reform could impact electronic health record implementation, how consumer community sites are 24 times more likely to adopt social media tools than health organizations, and the battle between the FDA and [...]
With technological advancements tied so closely to the future of senior care, Senior Housing News recently interviewed Majd Alwan, Ph.D., the Senior Vice President of Technology and Executive Director of the Center for Aging Services Technologies (CAST) at LeadingAge, an association of not-for-profit, long-term care providers of senior services. At any given time, CAST is [...]
Senior care technology, including monitoring systems such as motion and activity sensors, are a “godsend” to some older adults (and their families) who want to remain in a senior living community’s independent living section for as long as possible, reports Minneapolis’ Star Tribune. At Kingsway Senior Living complex, located in Belle Plaine, Minn., nine sensors [...]
Looks like more senior care technology mergers in this week’s roundup, as education and record-keeping companies Upstairs Solutions and Care2Lean have partnered for the industry’s broadest e-learning and management system available to providers. Another healthcare technology company, Siemens, saw a breakthrough in its Alzheimer’s detection solution, while another company has updated some existing technology. Microsoft, [...]
An overwhelming majority of people want to stay in their own homes as they age, and a recent MetLife Mature Market Institute study shows that 83% of retiring boomers have no plans to move from their current home. It’s becoming increasingly important, then, to find ways to provide senior care wherever senior housing exists, whether [...]
This week’s senior care technology roundup includes news of more partnerships between technology providers and senior living service providers, along with the formation of a senior care investment group. There’s also a debate going on about whether electronic health records save money or drive up the cost of healthcare. Lastly, a study on the impact [...]
A couple senior care technology companies are releasing new software that can help both home health caregivers and senior living facility staff improve quality of care and overall efficiency, including scheduling software and remote health care monitoring. Additionally, health care information technology developments continue to make headlines as health care professionals recognize its role in [...]
On the Record: Steven Insoft, CFO & COO of Aviv REIT
While publicly traded healthcare real estate investment trusts (REITs) like HCP, Inc., Ventas, Inc., and Health Care REIT Inc. grab a lot of headlines, privately traded ones like Aviv REIT often seem to fly under the radar. But as Senior Housing News recently discovered after speaking with Aviv’s Steven Insoft, who holds dual roles of [...]
On the Record: Majd Alwan, Executive Director of LeadingAge CAST
With technological advancements tied so closely to the future of senior care, Senior Housing News recently interviewed Majd Alwan, Ph.D., the Senior Vice President of Technology and Executive Director of the Center for Aging Services Technologies (CAST) at LeadingAge, an association of not-for-profit, long-term care providers of senior services. At any given time, CAST is [...]
On the Record: Keith Reuben, EVP of Commercial & Specialty Lending at Capital One Bank
In the past 30 years, Capital One has transformed itself from “just” a credit card company into one of the U.S.’s top banks. And as part of its lending arm, Capital One Bank says it has a significant focus on its commercial and specialty finance business, which encompasses senior housing and care lending. Last Fall, [...]
On the Record: Adam Kane, SVP of Corporate Affairs at Erickson Living
In 2009, the company known as Erickson Retirement Communities, headquartered in Baltimore, Md., filed for Chapter 11 bankruptcy protection. In December of that year, Hanover, Md.-based Redwood Capital Investments LLC bought most of the bankrupt company’s assets for $365 million, out of which emerged Erickson Living. Senior Housing News recently caught up with Adam Kane, [...]
On the Record: David Reis, CEO of Senior Care Development
After seeing that Senior Care Development, LLC had placed a stalking-horse bid on the bankrupt Clare at Water Tower, in Chicago’s Gold Coast, Senior Housing News tracked down its chief executive officer David Reis for an exclusive interview. Reis has extensive experience in senior living development, and specializes in ground-up development of large-scale continuing care [...]
