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Caring Senior Service Franchise Blog

The Future of Senior Care

Posted by Thomas Scott on Aug 22, 2019 2:32:00 PM

Senior woman holding a caregivers hand

Modern technology and medical practices are increasing life expectancy across the board. People are not only living longer on average, but they are enjoying more years of good health than ever before. These seniors, though relatively healthy, often need assistance in other areas of life. Medical professionals do not usually provide for these services, so there is a great need for help in order to provide a good quality of life for seniors.

Non-medical senior care provides an alternative to expensive nursing homes and is gaining popularity throughout the country. People want to remain on their own for as long as possible and non-medical home care allows them to keep their independence. Currently, there are not enough home care providers to provide services for all who want them. The future of the industry depends on the ability to provide for this very important need. With this in mind, let's take a look at the future of senior care.

Increasing Senior Population

The rise of non-medical senior care was precipitated by a need that was and still is largely unfulfilled. Many seniors are healthy enough to live on their own, as long as they can receive some help with daily tasks.

AARP's survey of adults reveals that 3 out of 4 adults aged 50 or older would rather stay in their own home than live in a nursing home. Most seniors would rather stay home because they see a nursing home as a surrender of their independence. These statistics suggest that they would accept and pay for help if it means that they can retain their independence. Non-medical caretakers make this an option for seniors throughout the country. 

Increasing Cost of Assisted Living

Senior Housing News reports that assisted living costs rose by 6.7% in 2018. There are a few important factors driving up the price of assisted living. The biggest cause of this is a lack of skilled labor.

Working in an assisted living community is a difficult task and has a high rate of burnout. There are currently not enough employees to fulfill the hiring needs of an average assisted living facility. Facilities are having to pay more to employees to provide care for their residents. They must also pay overtime costs, because of the labor shortage, which makes their operating costs somewhat unpredictable. 

Home care prices, on the other hand, have remained relatively stable in the past few years, and experts do not predict a sharp rise in prices for non medical home care. 

Developing Technology

Advances in technology have improved the quality of home care while also driving down the price. New technologies make senior care more efficient from a clerical point of view and help caregivers to keep their clients happy and safe. Below are a few specific examples of technology improving the home care experience. 

Smartphones & Tablets

The invention of the smartphones and tablets has revolutionized our culture. In the senior care realm, they provide many advantages. Caregivers can use smartphone or tablet applications for various goals, including monitoring vital signs, maintaining documentation, and assisting with medication reminders. Additionally, these forms of technology enhance communication between seniors, their loved ones, and care providers. 

As technology becomes more complex, we can expect to see more advancements made that allow for even better and more efficient care.

Remote Technology

Remote technology is now the gold standard for monitoring loved ones. It allows a caregiver to ensure the clients safety from any location. This almost eliminates problems like leaving the water running by mistake, leaving stoves on, etc. A remote camera system also allows caregivers to check up on the client from anywhere. 

Remote technology can be integrated into senior home care to help professional and family caregiver alike.

Impending Labor Shortage

As mentioned earlier, assisted living facilities are already experiencing a shortage of skilled labor. They are pushing themselves to the limit to provide care, but the care is suffering. In addition to the labor shortage, there is also a higher demand for care because people are generally living longer.

Non-medical home care is becoming an increasingly practical option for seniors and their families. Advances in technology have drastically improved the quality of home health care. This may be part of the solution to the senior care problem that is on the horizon. If more seniors are able to stay in their homes it will lessen the demand on assisted living facilities. This will not only improve the quality of care for seniors who receive in home care, but it will also improve the quality of care in assisted living facilities. 

Considering Home Care as a Business

The demand for in home senior care is at an all time high because people are living longer and technology has progressed to the point where home care is practical and safe. The amount of home care options are still relatively scant in most areas. This makes starting a non-medical home care franchise a business option with good prospects for the future. If you are interested in satisfying this need for quality care contact us to discuss how opening a non-medical home health care franchise can be a successful endeavor for you and your community. 

Franchise vs Startup Promotion

Topics: Home Care