The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions. As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development […]
Two Silicon Valley entrepreneurs are working to bring a new model of active adult senior living to the market, featuring a pocket neighborhood design and tech-enabled operations. They developed their concept with advice from senior living veterans, including Sunrise Senior Living Co-Founder Paul Klaasen, and have now secured their first site. The startup, called Cantina […]
Noted startup accelerator Techstars has teamed with Pivotal Ventures, an investment and incubator company founded by Melinda Gates, on a new program to support innovation in senior care. The Techstars Future of Longevity Accelerator will accept 10 startups annually for a 13-week program, Techstars and Pivotal Ventures announced on Jan. 6. The program will give […]
The senior housing industry is gradually embracing technology but still struggles to keep up with the pace of new advancements, as well as the costs involved with implementing technology. Still, forward-thinking providers are making significant technology investments that are bearing fruit. When asked to name the single tech implementation that has made the biggest positive […]
A newly launched app is gearing up to tackle one of senior living’s biggest woes. The app, Kare, is meant to make a dent in the ongoing staffing crisis in senior living and long-term care by pairing caregivers, medication aides and nurses with assisted living communities, skilled nursing facilities and other settings where older adults […]
A Milwaukee-based technology company fell victim to a Russian ransomware attack, resulting in the data of most of its acute care and senior housing and care clients becoming inaccessible unless the provider pays a ransom. Virtual Care Provider Inc. (VCPI) provides cloud services, data storage and management, security services and internet access for over 110 […]
Village Park Senior Living (VPSL) is recording strong rate increases across its multi-brand portfolio, in a market where communities are offering concessions and lowering rates to compete with new supply. CEO Tim Gary largely credits the company’s approach to design and architecture. “The industry is building product that is a broken model. It has to […]
Best Buy’s (NYSE: BBY) push into the commercial health care space is poised to make the electronics retailer an even bigger disruptor than many may have anticipated, thanks largely to its focus on seniors. That’s the premise of a report released earlier this week by analysts at investment bank and financial services firm Morgan Stanley […]
A nonprofit program that teaches seniors technology skills in a WeWork-like setting is plotting its next steps for growth, and is looking for senior living providers to be part of the process. Nonprofit senior advocacy group Older Adults Technology Services (OATS) launched its first Senior Planet class seven years ago in Brooklyn’s Bedford-Stuyvesant neighborhood. Today, […]
Technology will play a key role when Maplewood Senior Living’s Inspir Carnegie Hill community opens on the Upper East Side of Manhattan. The $300 million luxury-focused community will bring with it a comprehensive technology suite designed to enhance the resident experience and make operations more efficient. The suite — which is called Alli — will […]