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Home Care

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Home Care

CareAcademy Closes $9.5 Million in New Funding

06/11/2020

CareAcademy, the leading home care & home health workforce empowerment platform, upskilling and preparing workers for the growing eldercare market and home care model, today announced it has closed $9.5 million in financing led by Impact America Fund (IAF). The new capital will be used to continue expanding the platform and help one million Americans reskill for healthcare work, particularly in light of COVID-19 and the growing aging population that seeks to age in place.

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Independa Addresses COVID Social Isolation Epidemic

04/14/2020

Today, Independa, providers of award winning, TV-based remote engagement and care solutions, announced a special program for homecare organizations seeking to impact the lives of our elderly during this COVID epidemic.

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2019 Ten Tips for Your New Product or Service Business

It’s 2019 and in full sprint to the year-end finish. Soon you will launch a boomer/senior, home health tech product or service, or maybe a caregiver advisory service.  As your company gets ready to travel into battle or a booth this fall with the sound of lively pitches all around, it is time to for you to revisit this guidance. Perhaps sometime soon, your new or existing company will officially launch a new product or service, or perhaps a long-awaited, over-described and much-anticipated offering will finally ship. First read existing content and research reports on your particular market segment.  Look over this updated checklist that continues to hold true – with updated links and references. If necessary, refine tactics:

The Venn Diagram of Health, Aging, and Caregiving

You see it in the media and hear about it with investors.  Digital Health is in its bubble of $8.1 billion in 2018,  which amounted to 8.6 % of VC investments, despite limited exit strategies – but investors love it.    Startups focused on the aging/technology space, however, receive only 0.7% of venture capital investment, including the big money ($115 million to date) that has gone to just one company.  (And that company is quietly pivoting to become a home care consolidator/platform company).  Meanwhile, over at the $30 billion (2018) home care market, a worsening shortage of workers in the midst of demand growth, is creating a recruiting near-panic among agencies, senior living firms and families, and produced.

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