Projections of Older Adults Population

Modernizing Care Facilities

By Clearday Research Team

The continuous uphill battle caregivers face in order to receive basic resources to care for those that suffer from cognitive decline can become discouraging and disheartening. That’s why modernizing care facilities should be of utmost importance in order to give quality care to these individuals. Providing quality care to these patients is vital in promoting optimum health, and modernization plays a vital role in making sure efficient care is provided.

Modernization is in full swing as an estimated 80% of venture investment in age tech goes to companies currently developing software tools for healthcare providers. As you can see in this report, technology focused Healthcare companies, similar to Clearday™, are receiving the majority of funding. We believe that this is because virtual hospital solutions can enable patients and doctors to be together in a moment of need. These types of platforms combine telemedicine, a health information exchange, predictive analytics, and smart billing. 

Venture and seed funding is making it possible for those who need this quality of care to age in place or as the CDC’s concept would suggest “the ability to live in one’s own home and community safely, independently and comfortably, regardless of age, income or ability level.” Though switching to a fully tech-operated system can seem rigid and formulaic, these new approaches to integration can be imaginative, locally responsive, negotiable, and supported by technology. 

Clearday at Home™ provides families with personalized virtual care support services that enhance quality of life for those living with Alzheimer’s or other cognitive deficit conditions – all in a single monthly subscription model. Virtual, cognitive care services that improve quality of life. See how we help here.

This blog and related materials prepared by Clearday, Inc. may use publicly available information including market research, studies or reports by unaffiliated third parties that include market demographics and other relevant market or research information. Such information or a link to such information is available upon request. We do not warrant any such information and do not have information that causes us to believe that any such market research, studies or reports are not correct in all material respects.