AARP Sees Tech as Solution to Caregiver Crisis

With 10,000 baby boomers turning 65 very day, the caregiving market is set to explode, presenting a $279 billion opportunity in the coming years. The key to caring for America’s seniors and tapping into this enormous marketplace is technology, according to a recent report from AARP, Caregivers & Technology: What They Want and Need. The majority of […]

Senior Care Tech Presents $279 Billion Opportunity

Technology is at the forefront of senior living solutions, from next generation remote health monitoring apps to wearables that can detect and predict falls among seniors.The need for these innovative solutions are expected to boom over the next few years, with the total market opportunity estimated to be $279 billion, according to a recent study […]

Movers & Shakers: LeadingAge’s New Board Chair

Kathryn Roberts Begins 2016 as LeadingAge Board Chair Kathryn Roberts, president and CEO of Ecumen, has taken over in the lead role of LeadingAge’s board of directors. She has served as a board member for eight years and succeed Dave Gehm, president and CEO of WellSpring Lutheran Services, who served a board chair for two […]

NY Times: Parents, Adult Children Live Together in CCRCs

Children caring for aging parents might have a new plan of action to consider. Now, some people are moving into continuing care retirement communities (CCRCs) alongside their parents, reveling in the newfound ease of caregiving in such an environment and reaping the benefits of the facilities themselves. To date, very few adult children have joined […]

3 Plans for the Future of Senior Housing Financing

Long-term care is quite costly, with senior housing hitting consumers hard in the pocketbook. The introduction of new insurance models, though, could mean the difference between someone’s ability to pay for assisted living and foregoing care altogether. That’s the premise of a new study conducted by the Urban Institute and Milliman Inc. and funded by […]

AARP Launches $40 Million Fund for Senior-Focused Ventures

AARP has announced it is establishing a $40 million venture capital fund to invest in products and services aimed at the older adult market, primarily to improve access to health care, invest to enable aging at home and expand marketing for preventive care. AARP is a nonprofit membership organization for those 50 and older, with nearly 38 […]

Movers & Shakers — People and Positions for November, Part III

NorthStar Healthcare Appoints New CEO, President  NorthStar Healthcare Income, Inc. has announced the appointment of Ronald J. Jeanneault as CEO and president of the company, and the election of James F. Flaherty III as vice chairman of the Board. Jeanneault has served as executive vice president and head of asset management of both NorthStar Healthcare and […]

Investors Eye Senior Care Tech Startups As Major Opportunity

Digital health spending focused on the 50-plus population has doubled over the course of the last three years, and investors from venture capital companies to private equity firms are entering the market in droves.  From seed capital and throughout the funding process, investors are eyeing the market as a major growth target, according to a […]