A tech startup aims to disrupt the pay-per-lead aggregator space with the launch of a digital platform to help prospects navigate senior living options and provide more qualified leads to operators. Olera, which in 2024 received funding from the National Institutes of Health (NIH), recently launched the “beta program” of the company’s software and smartphone […]
Category: Technology
Older adults have become much more involved with technology, and are only continuing to do so. That’s according to a new technology trends report from AARP. In the survey, researchers queried more than 3,000 respondents. According to the findings, texting is the primary form of communication for adults aged 50 and up, and the average […]
ECP, a software provider for assisted living communities, has announced it has received a “several hundred million” dollar growth investment from tech growth capital firm Level Equity, according to CEO Adam Aisen. ECP is a senior living tech company that deploys electronic medication administration record, electronic health record, customer relationship management and other software. Its […]
Senior living operator Wellpointe Inc. is expanding its small-footprint operating model with newly launched clinical capabilities to elevate resident care. Wellpointe operates 61 small-home assisted living and memory care communities in California, and aims to provide affordable assisted living services to older adults to meet the needs of a rapidly aging population. The company’s growing […]
Senior living tech investments are not cheap, and operators can grapple with not only installation but maintenance costs. That’s where partnerships come in. According to NIC data, nearly half of all senior living buildings are 25 years or older. In order to keep these buildings running, operators must focus on more than amenity renovations but […]
A Place for Mom is embracing AI as senior living prospects and other people seeking support for older adults change how they research those services online. The senior housing and care referral company on Nov. 12 announced it is pivoting from a marketing strategy centered on online search results to one that is more tailored […]
When it comes to adopting new technologies and systems, senior living operators cite staff capacity and expertise as a top challenge. Companies including Juniper Communities use regular training to overcome that barrier. The company hired an implementation specialist to onboard new systems and train staff. “That person’s job is to essentially manage software implementation, which […]
Senior living operators are refining their technology systems, and many are pivoting to revenue and automation tools to boost operations. For example, fewer than a quarter of Des Moines, Iowa-based senior living operator WesleyLife’s processes were electronic in 2019, according to Amber Wentz, the operator’s vice president of information solutions. Now, the organization is adding […]
Staff capacity, funding and time constraints are the three biggest barriers to implementing new technology initiatives in senior living. That’s according to the inaugural Ziegler Link-Age LeadingAge CAST CTO Hotline survey. The new survey, from a partnered effort between Ziegler Link-age Funds and LeadingAge CAST, asked over 100 technology decision makers of not-for-profit senior living […]
Senior living technology company Inspiren has raised $100 million to advance the company’s artificial intelligence (AI) capabilities. The financing, announced Sept. 25, was led by software investor Insight Partners with participation from Avenir, Primary Venture Partners, Scale Venture Partners, Story Ventures, Third Prime and Studio VC. This pushes Inspiren’s lifetime total funding to $155 million, […]
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