Today’s seniors and their families demand video streaming and ubiquitous Wi-Fi, and operators need the infrastructure to handle it. By Eric Taub As a new generation of Americans age and begin to move into assisted living, the old tale that the elderly neither understand nor care about technology is falling by the wayside. Today’s assisted living residents are increasingly adept at technology, and they’re bringing their devices with them when they move into their new digs. Tablets, cell phones, laptops and smart TVs, once relegated to younger generations, are being …
Technology
Improved circulation and purification methods can help prevent viral spread. By Jie Zhao, Delos Labs We now know that SARS-Cov-2 (the virus that causes COVID-19) is primarily spread through the air. There are three main modes of transmission: direct exposure to exhaled droplets and particles in the air; inhalation of fine respiratory droplets and aerosol particles; and touching surfaces where those particles have attached to and then touching your eyes, nose or mouth. While larger respiratory droplets quickly fall onto surfaces, smaller aerosolized particles containing SARS-CoV-2 can remain suspended in …
BLOOMFIELD, N.J. — QX Global Group, a Bloomfield-based business process outsourcing company, has acquired an 80 percent stake in Austin, Texas-based Chazey Partners, a management consulting and advisory firm specializing in business and digital transformation. The Chazey Partners team brings decades of experience in implementing and operating business support and shared services organizations around the globe, with experience in robotic process automation (RPA) and artificial intelligence (AI). Together, QX and Chazey Partners will work to deliver solutions that cover consulting, digital services and business process outsourcing. Clientele includes seniors housing …
MORRISVILLE, N.C. — K4Connect, a Morrisville-based health technology company that builds tech for older adults, has received $12 million in additional venture financing since the beginning of the COVID-19 pandemic. The credits the “undeniable need for dependable and scalable resources that can support the older adult population with easy access to important information, socialization tooling, communications and safety.” New investors include Forte Ventures, Second Century Ventures (National Association of Realtors), and senior living industry leaders such as Daniel Decker, president of CoastWood Senior Housing Partners; William Petty, BPOC founder and …
The January 27 webinar “Increase Seniors Housing NOI & Equity Value with IoT Water-Leak Mitigation Technology,” hosted by Seniors Housing Business and sponsored by Sensor Industries, covered how monitoring systems can cut down on the cost of water, avoid wasting resources and alert staff in case of flooding. In this brief webinar, host David Duckwitz, CEO of Sensor Industries, describes how network-connected toilet and flood sensors measure water activity and deliver actionable insights that cut expenses, increase net operating income (NOI) and mitigate risk. Water inefficiencies, leaks and flooding can significantly drive up …
Operators must streamline, improve hiring and retention processes. By Britt Riese, Oasis It’s no secret that the demand for talent in healthcare is exceptionally high right now and the projected need for workers continues to rise. This historical trend has been amplified by the COVID-19 pandemic. Now that we are almost two years into the pandemic, we are not only trying to keep up with the growing demand of healthcare jobs, we are also competing with increased wages in other industries, safety concerns in healthcare, more flexible work environments and …
DALLAS — OneDay, a Dallas-based technology company that provides video storytelling within senior living communities, has appointed Dan Dionne as vice president of sales and Ryan Gray as director of product management and user experience. OneDay’s team has grown significantly in the past two years, and the company now has 63 team members. In July 2021, OneDay closed its $19 million Series B funding round, and last year, the company expanded its leadership team and moved into 10,000 square feet of office space in the Design District. Dionne oversees OneDay’s …
By Meagan Rohan, Vice President of Sales, Caremerge The senior living industry is dealing with a severe staffing problem. According to a survey by the American Health Care Association (AHCA) released in September 2021, only four percent of assisted living communities are fully staffed. These shortages aren’t just impacting the day-to-day operations of these communities, but the viability of their businesses. The AHCA survey also found that over 60 percent of nursing homes and assisted living communities are concerned staffing shortages will force them to close. I’ve spent my career …
ST. LOUIS — EmpowerMe Wellness, a St. Louis-based integrated healthcare provider to senior living communities, announced that Jim McKelvey, serial entrepreneur and co-founder of Square (NYSE: SQ), has made an investment in the company. McKelvey joins lead investor Hermann Cos., a St. Louis-based holding company owned by the Hermann family and led by CEO Bob Hermann and COO Rick Holton. “EmpowerMe’s mission of improving the lives of seniors by using technology and integration is what led me to invest,” says McKelvey. “Having founded a technology company to serve the underserved …
BEDFORD, N.H. — Single Digits Inc. has named Jerry Grove as vice president and general manager of senior living at the Bedford-based internet technology company. During his 20-year tenure in the senior care industry, Grove has developed leading-edge business strategies. Most recently, he was the senior vice president of sales at Sentrics, where he developed the company’s new 3in1 Managed Services Program. He joined Sentrics upon its acquisition of Esco Technologies LLC. As president and CEO at Esco Technologies, Grove grew the company from six to 75 employees and achieved …