What's Next Longevity Innovation Summit, Dec 11-13, 2023
"Individuals reportedly lost $13 million to grandparent and person-in-need scams."
From the description, too late, and with a significant demand on staff.
Costs soar for eldercare and family finances are depleted.
Introducing tech is like 'pushing water uphill.'
Sage collects data on residents to help track their needs over time and records metrics, such as incident response time, to improve care.
New Research Report from Homewatch Networks, Inc -- The Future of Care Work and Older Adults
Trends worth noting about care work. You know the statistics and they are alarming. Doctors and nurses are burning out, especially in the ER. Turnover is highest in the lowest-paid care positions – home care is at a high point at 77% as of 2022. Pressure is growing in senior living to ‘keep people well’ in conjunction with a higher level of acuity of care needs. Demand and costs are up, and availability of workers is down. What will drive innovation in care?
What does it mean for older adults and the need to work?