Elder Care Revenues to Exceed $300 Billion

As the “baby boom” generation edges closer toward retirement years, running alongside the large, post-World War II demographic will be an increase in the demand for elder care services. Through 2016, revenues for elder care are expected to reach $319.5 billion, growing at a rate of 5.2% each year, according to a recent study from […]

Fiscal Cliff Deal to Enhance Long Term Care Services

After months of back and forth debate between House Republicans and the Democratic Senate, a fiscal cliff deal has finally been settled to solve the nation’s budget crisis through the American Tax Relief Act of 2012 signed into law Wednesday by President Obama.  The newly signed bill averted the fiscal cliff and left home health […]

Palliative Care Keeps Patients out of the E.R.: Study

Seniors in long-term care have seen less visits to the emergency room as well as a reduction in depression when receiving palliative care, notes a study from the Institute for Aging Research and Hebrew SeniorLife’s Hebrew Rehabilitation Center (HRC). The incorporation of palliative services into long-term care settings, as demonstrated by the study’s results, could […]

New Technology Allows Seniors to Age at Home and Stay Connected

For some seniors, receiving long term care at home is being made easier by the release of new technology. Today, one more tool went online to help older people age in the comfort of home. The latest from the Los Angeles-based company LivHOME’s, CareMonitor keeps seniors up to date on personal health matters without having […]

Hospice Demand Not Pumping the Brakes Any Time Soon: Study

The demand for hospice care among seniors shows no signs of slowing down, with a direct correlation between the demand for hospice care and average lifespan. As the number of people who pass away due to progressive diseases increases, so has the need for longer, more sustained care, according to a recent study conducted by the National […]

Crain’s: Proportion of Boomers Caring for Parents Quadruples

Though some years from retirement, many boomers are forced to look at long-term care solutions not for themselves, but for their parents, according to an article by Crain’s Chicago Business.  A study from Metropolitan Life found that the percentage of adults who provide personal car or some form of financial assistance to a parent has […]

Older Entrepreneurs Flock to Home Care Franchise Opportunities

The home care industry is predicted to continue growing at a time when many industries are contracting. In light of the opportunities presented from a business standpoint, a U.S. News report this week focuses on a population that is particularly positioned to gain: Older entrepreneurs.  Through franchise opportunities offered by organizations like Home Instead, people […]

AARP: Family Caregivers Now Providing In-Home Medical Tasks

Those who are not officially employed as caregivers but who are family members providing caregiving services are now taking on added responsibilities including some that were previously performed in hospital settings only.  The rise of family caregivers lends itself to this trend, noted by AARP in a new report.  The level of care that non-professional […]