Meet or hear Laurie in one of the following:

Boston, Portland, ME May 1-May 5, 2017

Washington, April 28-29, 2017

Washington, June 1-5, 2017

PERS Summit, Park City Utah, September 26-28, 2017

Related News Articles

04/23/2017

Acute shortages of home health aides and nursing assistants are cropping up across the country.

04/19/2017

Program allows early-stage dementia patients to participate in their own care planning.

04/19/2017

And I read it. Sigh. 

04/19/2017

Should people take notice of Apple’s entrance in the market?

04/18/2017

Falling confidence in all age groups — with the exception of Generation Y drivers born from 1977 to 1994. 

Market Overview for Technology for Aging in Place

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SNF

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SNF

Care boundaries blur as providers morph to match payment types

Nursing home avoidance continues for both investors and care recipients. You might have read about investors cutting back on nursing home investment within ‘healthcare’ REITS.  CMS and Medicare are reimbursing less for ever-shorter nursing home stays, ending their multi-year ‘billion dollar pie eating’ wave of investment.  Note that the biggest chains of skilled nursing facilities (SNFs) like Signature Health Care (which has a web URL signaling LTC -- LongTerm Care) Revolution) – what might that revolution be?  Consider the consumer’s first encounter with the industries for health care, long-term care (LTC), skilled nursing facility (SNF), nursing home, or post-acute facility. This terminology morass mirrors the reimbursement patterns of government agencies, which, in turn, drive investment language, behavior and labeling.

PACE accelerates into dubious for-profit nursing home avoidance

Nursing home avoidance – the home care wave fits the profile.  So we know that tech-enabled home care has received several infusions of cash lately.  Whether this is an anomaly -- once new-age firms realize that home care consists of difficult and backbreaking labor – or signals a trend, remains to be seen.  The apparent bloom of the home care business opportunity appears to be the inverse of the business gloom in senior housing, as noted in these Chapter 11 filings. These businesses are failing at the same time as nursing home bed capacity is anticipated to become constrained.   As AARP has endlessly repeated, 90% of older adults want to remain in their own homes. Or maybe it is 87%.  But regardless of intent, most will stay because they can’t afford anything else.  

Home is where the money goes when it comes to long-term care

Are individuals who need care where they should and can be? You may have noticed last week. There were four articles and press announcements within just a few days – sourced separately that belong together. No insurance or government program is all that transparent or straightforward, but policy and practice variations across states seem to have one victim – the person who needs care.  They ability to obtain that care at home (or in the right setting) depends on the state you live in and what the policy, practices, and costs in that state. Genworth’s newly-updated report is revealing about long-term care costs in multiple settings and categories.

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