An article written by Laura Mitchell and Gaytha Traynor, both founding members of GrandCare Systems, on Aging-in-Place Technologies has been featured in Senior Care Products’ Summer 2012 Publication. This article covers opportunities within the digital health and home monitoring industries for HME providers.
Three steps are highlighted in this article to aid providers in being successful within the new aging services market: Research the market, Study the technology and Follow the money.
The digital health and home monitoring industry offers new opportunities for HME providers.
“It is a well-known fact that most seniors wish to remain independent at home for as long as possible. A 2007 “Aging in Place in America” research study commissioned by Clarity and The EAR Foundation reported that senior citizens fear nursing homes more than death. According to the American Association of Retired Persons (AARP), 90 percent of Baby Boomers indicated they want to age at home. This trend is timely, because as the aging population explodes Americans are realizing there won’t be enough care facilities or professional staff to fully support their numbers—not without some technological assistance.”
Take a look at the entire article at http://www.homecaremag.com