Senior Care Trend Watch: Opportunties, Penalties and Profits

Home care is the next big thing. Nursing homes are fading from view, boosting the popularity and availability of assisted living and Alzheimer’s care options. Consumers are spending the most for care at the end of life.

The Center for Medicare Services (CMS) goes after hospitals with high re-admission rates; patients who are most often readmitted are largely seniors with multiple health issues. The government allocates nearly one billion in grant funding for care innovations.

Great opportunity for growth in the senior care industry still exists, whether it’s technology related or not. Though difficult to calculate in exact terms, longevity is on the rise: people are living longer and (mostly) better.

These are the six major trends Laurie Orlov of Aging in Place Technology Watch breaks down in a recent post entitled, “Six trends that signal change in all things aging and health.”

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