[White Paper] Making Innovation Work in Senior Housing

Technology is essential to the operation of a senior living organization, as well as the experience a provider offers its residents, families and staff. From enterprise Wi-Fi to smart home systems and personal health devices, the technology foundation of senior living is playing an increasing role. Innovative senior care providers are pursuing strategic partnerships that […]

Changemakers: David Inns, CEO of GreatCall

Perhaps nothing is transforming senior living more than technology, and few tech companies in the space have matched the success and impact of GreatCall, which has been led by changemaking CEO David Inns since 2006. After being acquired by Best Buy for $800 million last year, San Diego-based GreatCall is in a new league. Its […]

Best Buy’s GreatCall Acquisition Starts to Pay Off

Last year, retail giant Best Buy (NYSE: BBY) made waves with the $800 million acquisition of GreatCall — a company that offers smartphones, smartwatches, medical alert devices and other technology tailored to older adults, and counts senior living companies among its clients. Now, that big investment is starting to pay off for Best Buy. “In […]

Senior Living Slow to Adopt Tech for Wellness-Focused Operations

The senior housing industry is gradually embracing technology in its wellness initiatives but is still just scratching the surface. That’s according to an active aging industry trends survey recently released by the International Council on Active Aging’s (ICAA). The survey found that senior living providers are shifting away from a care-focused operational model to one […]

Managed Care Opportunity Demands New Mindset, Tech in Senior Living

Some senior living providers need to both shift their mindset and implement new technology, or they will miss an emerging opportunity to partner with Medicare and Medicaid managed care plans and could be behind the eight-ball for years to come. In managed care, private-sector insurance companies receive federal and/or state funds to create benefits packages […]

White Paper–Senior Living’s Next Need: Delivering Value-Based Care

Payment models for health care services are changing across the care continuum. And while some believe this is the future of senior living, recent innovators have proven the future is already here. Value-based care is being used in some care settings, offering senior care operators increased financial incentives for the quality of care they provide. […]

Best Buy to Acquire Senior-Focused Tech Company GreatCall for $800 Million

In the company’s latest business move focused on the aging population of the United States, technology retail giant Best Buy (NYSE: BBY) has agreed to acquire GreatCall for $800 million in cash. GreatCall has developed and sells senior-friendly smartphones, smartwatches, medical alert devices and other technology. “[Best Buy] has recently been investing in health-related initiatives […]

Best Buy Starts Selling Senior Care Product Line

The number of technologies geared toward senior care seems to grow by the day. Now, electronics retail giant Best Buy Co. (NYSE: BBY) is getting in on the action. Recently, Best Buy began selling an entry-level package of its own remote-monitoring equipment geared toward seniors aging at home, as well as their loved ones who […]