Hughes Telematics, Inc. (“HTI”), (OTCBB: HUTC)(OTCBB: HUTCW), Qualcomm Incorporated (Nasdaq: QCOM) and American Medical Alert Corp. (Nasdaq: AMAC) recently announced a joint venture to deliver mobile health services through Lifecomm LLC. The entity, formed with cash and in-kind contributions by the parties, will operate as a majority-owned subsidiary of HTI and plans to launch a […]
Category: Senior Care
Gentiva Health Services (Nasdaq: GTIV) announced that it has agreed to acquire Odyssey HealthCare (Nasdaq: ODSY) for approximately $1 billion that will create the largest US healthcare provider focused on home health and hospice services in the US, with a combined average daily patient census of approximately 14,000 and operations in 30 states. The combination […]
National Senior Fitness Day is this Wednesday, May 26 and many communities are celebrating by participating in various special event by over 100,000 older adults at more than 1,000 locations throughout the United States. In its 17th year, National Senior Fitness Day is the nation’s largest health promotion event for older adults and is organized […]
The Reverend Kenneth Dupin, leader of a small Methodist church in Sale, Virginia, is getting a lot of attention lately for his invention called MEDcottage. The invention is a portable dwelling unit that could be moved into a family’s back yard and used to shelter a loved one in need of special care. The company, […]
A new low-tech elder monitoring service called FineThanx recently made its debut that utilizes only the existing phone system at home. The system calls twice a day find out how an aging loved one is doing and reports the response or lack thereof in either case. The automated phone service checks in with seniors once […]
Costs for long term care in the US continue to rise but a recent study shows the cost for in-home care is rising at a much slower pace. According to Genworth’s 2010 Cost of Care Survey, the cost to receive care in the home has risen at an annual rate of just 1.7 percent over […]
The U.S. Department of Health and Human Services Office on Disability recently announced the award of over $6 million under the American Recovery and Reinvestment Act of 2009, to establish a Center of Excellence in Research on Disability Services, Care Coordination and Integration. The contract was awarded to Mathematica Policy Research for a two-year period […]
Home health care is one of the bright spots on the economic horizon but a story by the Wall Street Journal, “Home Care Yields Medicare Bounty“, takes a hard look at the Medicare reimbursement system for this growing senior care business segment. The results of the analysis by WSJ show that the number of in-home […]
A new study released by the University of Michigan and published in the Chronic Illness journal shows that almost 40 percent of chronically ill older adults in the U.S. live alone, and a majority of those who are married have spouses with at least one chronic illness. Researchers found that 93 percent of the chronically […]