SENIOR TELEHEALTH TRENDS
- 78 Million baby boomers use technology to improve healthcare (Accenture)
- 73% search for online solutions before looking elsewhere…more then 18-29 years olds! (Accenture)
- 42% say ability to see a doctor virtually, without co-pay, is most important (Accenture)
- Use of Telehealth in Nursing Homes showed 11.3% decrease in hospitalizations, saving an average of $120,000 per home. (Harvard/Dartmouth study)
- Use of Tele psychiatry in nursing homes saved between $118,000 and $320,000 in personnel and physician costs per home (University of Vermont study)
- Increasingly chronic shortage of Medicare providers, with ½ soon expected not to take new patients, and 1/3 planning to not to treat Medicare patients supports rapid growth of Senior Telemedicine (Senate Committee on Aging)
- Seniors are now the largest age group in the U.S., Growing by 1/3 to 80 million by 2030, with some 12 million currently receiving some form of long term care. Seniors are demanding more and better services. Seniors are becoming more tech savvy, as Telehealth Technology continues to play an increased role in Senior healthcare. The target market of individuals who are shopping for A/L, Memory care for parents are usually working women (oldest daughter) 45 to 55 years old. Their first source for information is internet browsers. Unprecedented growth in Senior Communities, along with increased demands of Consumers, is raising the bar for Operators to remain competitive.
Lorri interviewed at the 2017 NIC conference about the importance of data tracking.