Aging in place is the biggest competitor to assisted living facilities. Products and services are needed to not only support older adults’ basic daily activities, but also to foster and support their ability to thrive, pursue their passions and engage with their chosen lifestyles.
Additionally, new technologies, the demand for value, a growing health economy, and the government as an influencer—are converging to transform the traditional US health care market. One of the big areas of change includes aging, chronic and end of life care that is shifting from institution-based aging to community-supported aging combined with the use of big data and personalization to improve overall care.
The result is assisted living facilities need to evolve and become more hospitality and less hospital. Successful facilities will enable their residents to be, and stay, connected. Transforming their communications will be the key. Check out this infographic to learn more.