Senior living has seen an influx in outside capital and new players entering the industry, and now there is reason to think home care companies could be eyeing assisted living as another business opportunity. After losing an estimated 30% to 40% of its home care clients after raising prices, one California company opened up a […]
Category: Home Healthcare
Home care is hot, if a recent $42 million funding grab is any indication of where technology is making waves in the health care space. Home care startup Honor has announced the eye-popping figure in a Series B round. The figure may give senior housing providers some pause, as many already view home care as the biggest […]
Picture this: senior living residents and robots seated side-by-side around a dinner table, the seniors discussing today’s news and asking the robot which movie it wants to watch later. To some, this scenario may seem far-fetched—but not to a Silicon Valley entrepreneur with ties to Google, or the senior care companies he has partnered with. […]
The era of siloed post-acute care appears to be waning. The federal government is pushing for coordinated services and different types of providers are adapting by partnering up—or trying to control more parts of the continuum themselves. Marquis Companies is a striking example of the latter approach. The Milwaukee, Oregon-based organization offers home health care, post-acute […]
Senior housing providers that once competed now are among the organizations in a unique five-way partnership in Michigan that is targeting gaps in care and services for seniors living at home. The arrangement demonstrates one way in which senior housing is moving toward greater coordination for long-term success. Tandem365 is a Michigan-based organization that aims […]
The concept of a continuing care retirement community (CCRC) “without walls” is not new, but it is gaining luster among senior living providers, raising more urgent questions about how to launch this type of offering. There currently are 29 of these types of programs nationwide, with more under development, according to the latest figures from […]
Thanks in part to assisted living costs that are well below the national average, Virginia has nabbed the title of most livable state in the country for seniors. Assisted living in the Old Dominion costs an average of $34,989 per year, which is well below the national average of $42,700, according to SeniorAdvice, an online […]
Many seniors are drawn to warm weather states during their retirement years, but they may want to consider the Northeast as the best location for their health. Massachusetts has snagged honors as the healthiest state for older adults in the 2016 America’s Health Rankings Senior Report from the United Health Foundation, a not-for-profit, private foundation established […]
Given that the vast majority of people say they want to age at home, some senior housing companies are on a mission to sway popular opinion more toward community living. But that doesn’t mean they see home health strictly as competition—many are looking to add in-home care to their own service lines. This may sometimes […]
The connection between housing and health care will be paramount to solving problems associated with the impending aging crisis, especially when it comes to the future of affordable senior housing, according to a report issued this month by the Bipartisan Policy Center’s Senior Health and Housing Task Force. In the report, titled “Healthy Aging Begins […]