Aging in place is when a person lives and ages in the residence of their choosing, usually their home, for as long as they are able. The choice to age in place involves planning for current and future needs, both physical and financial.
A person who wants to age in place may need home modifications such as wider doorways or a ramp to make way for mobility products. A personal care aide or home health aide may be needed to help with bathing and dressing or medication management.
Home medical equipment dealers can make recommendations for home safety or join the home modification industry to help their clients age in place successfully. Home health agencies play a key role in aging in place by proving the care and companionship a person may need to successfully stay home.
CHICAGO—Oak Street Health, a network of value-based primary care centers for adults on Medicare, announced plans to open centers in Little Rock, Arkansas; Des Moines and Davenport, Iowa; Kansas City, Kansas and Richmond, Virginia, beginning this summer. The expansion into these four new states will mark the 25th state in which Oak Street Health serves older adults.
SCOTTSDALE, Arizona—In recognition of Older Americans Month, Executive Home Care, a provider of homecare services, stated its commitment to meeting the growing demand for personalized care among the baby boomer generation. As baby boomers, those born between 1946 and 1964, continue to age, their need for long-term care options is on the rise. Executive Home Care said it is dedicated to offering tailored care solutions that cater to the unique needs of this age group.
WASHINGTON—A new report from the 33rd annual Retirement Confidence Survey finds a decline in the confidence Americans feel in having enough money to live comfortably throughout their retirement years. The report also finds both workers and retirees are very concerned about inflation and its impact on their savings and spending.
PAWTUCKET, Rhode Island—Ageless Innovation, the maker of robotic companion pets for seniors, has been tapped by global entertainment company Hasbro, Inc. to create new gaming experiences specifically for older adults and their families.
BALA CYNWYD, Penn. (May 3, 2022)—Connect America LLC, a provider of connective care technology for seniors and vulnerable populations, has announced the launch of Connect America Home—the next-generation, artificial intelligence-enabled digital health and safety platform that provides secure, nonintrusive, continuous monitoring with emergency and nonemergency support to help aging and vulnerable populations live safely, independently and well at home.
ATLANTA (May 3, 2022)—SageHome Inc. it has partnered with strategic advisors, Cairngorm Capital Partners LLP (Cairngorm Capital), and acquired New Bath Today Inc. (NBT). Both initiatives accelerate its aging in place offering.
