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The so-called Silver Tsunami has created a hiring frenzy in the sector. “We can’t get enough caregivers,” says Mario D’Aquila, COO of Assisted Living Services Inc.
SilverSource, which for the last 100-plus years has served the needs of area senior citizens, has welcomed new board chairman Dr. Thomas Getreuer, who recently retired from his career as a dentist.
Based in Princeton, Mathematica Policy Research – which is receiving approximately $450,000 for the project -- will develop a report that offers policy and programmatic recommendations for the governor and legislative leaders.
Assisted Living Technologies' offerings include a telehealth tablet that seniors use to monitor such vital signs as blood pressure, weight, and blood oxygen saturation levels, which are then transmitted to a physician and/or family members via Bluetooth.
Dr. Paul Epstein, a Westport-based naturopathic physician, has warned that medical professionals need to take a more holistic approach in addressing health and wellness among seniors.
More than 20 percent of U.S. residents are projected to be aged 65 and over by the year 2030.
Assisted Living Locators charges a $49,500 franchise fee and requires a monthly $500 royalty fee from its franchisees.
The Arizona company's Greenwich franchise will provide eldercare placement and referral services in western Connecticut.
"New technologies like VR can really expand a resident's world," said Brian Geyser, vice president of clinical innovation and population health.
This is the 14th acquisition made by CareFinders since Sanford Hausner and co-owner Linda Mintz bought the company in 2014.
Now 20 years old, Family Care Plus operates in Massachusetts and Vermont as well as the Nutmeg State.
Research will identify potential factors that affect 30-day hospital readmission rates in eldercare patients.
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