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Advocacy, Innovation, and Resilience: Revolutionizing Senior Care in Today's Age

In this week’s email:

• Today’s Insight from AgingHere

• NY Health Department and Office for the Aging seek public input on Master Plan in Plattsburgh town hall

• CarePredict Secures $29M to Accelerate Growth and Expand Services for Seniors

• The Burden of Rising Senior Care Expenses and the Search for Solutions

• Discover These Essential Organizations Empowering Senior Citizens for a Fulfilling Retirement

• Today’s AgingHere Survey

• Making us laugh this week

• AgingHere Referral Program

• Today’s Sponsor: Mastering Medicare Podcast (MasteringMedicare.net)

Today’s Insight from AgingHere

NY Health Department and Office for the Aging are reaching out to seniors and those with disabilities in Plattsburgh. Their aim? To seek public input for their Master Plan for Aging (MPA). This all-inclusive strategy intends to revolutionize the long-term care systems and foster age-friendly policies, leading to healthier and happier communities for older adults. A draft is due in early 2024, but the conversation has started! Will you be part of it?

In other news, AI is proving to be an invaluable ally in senior care! CarePredict, a firm specializing in AI-driven senior care, has secured a whopping $29M to scale up their services. Their wearable technology and AI can enhance the "aging in place" experience, potentially transforming healthcare for seniors and slashing costs. Time to put the 'smart' in smart aging.

However, even as AI swoops in, the burden of skyrocketing senior care costs continues to weigh heavily on caregivers. Highlighted in a poignant story, Tammy La Barbera who had to quit her job to look after her dementia-stricken mother, reflects the financial challenges middle-income families face. From expanding Medicaid coverage to providing tax credits for caregivers, it's clear solutions need to be sought - and fast.

And speaking of support, check out these game-changing organizations that are empowering senior citizens to enjoy fulfilling retirements. With an array of resources at their disposal, they're ensuring seniors are not just living, but thriving. Retirement never looked so good.

NY Health Department and Office for the Aging seek public input on Master Plan in Plattsburgh town hall

The New York State Department of Health and the Office for the Aging conducted a town hall in Plattsburgh to present the Master Plan for Aging (MPA) and gather public input. The MPA aims to address the health and wellness needs of individuals with disabilities and aging New Yorkers, promoting inclusive communities. Governor Hochul established the MPA to improve the lives of older adults and people with disabilities, enhance long-term care systems, and foster age-friendly policies. The town hall allowed residents to contribute their perspectives on specific needs and challenges in the region, aiding the development of a comprehensive plan. The MPA process involves various committees and stakeholders, and a draft of the report is expected in early 2024. Read more.

CarePredict Secures $29M to Accelerate Growth and Expand Services for Seniors

AI-driven senior care firm, CarePredict, has raised $29M in Series A-3 funding to fuel growth. The company uses AI and wearable technology to monitor daily activities of seniors and communicate with caregivers. Investors believe CarePredict is primed to enhance "aging in place" support, improving health outcomes for seniors while reducing healthcare costs. This follows its $9.5M Series A round in 2019, and the roll-out of contact-tracing tools for senior living facilities during the 2020 pandemic. read more.

The Burden of Rising Senior Care Expenses and the Search for Solutions

The cost of senior care is increasing, placing a strain on caregivers who often lack support. The story highlights Tammy La Barbera, who left her job to care for her mother with dementia. Financial struggles make it difficult to afford long-term care, revealing the challenges faced by middle-income families. The rising demand for high-quality care for aging baby boomers further exacerbates the issue. Changes in Medicaid coverage, tax credits for family caregivers, and early financial planning are potential solutions. read more.

Discover These Essential Organizations Empowering Senior Citizens for a Fulfilling Retirement

Numerous organizations exist to assist senior citizens with health, financial, and social needs. Some notable organizations include the Alzheimer's Association, AARP, Area Agency on Aging, National Alliance for Caregiving, National Institute on Aging, local Parks and Recreation Departments, and Senior Services Agencies. These organizations aim to provide support, resources, and education to keep seniors active, healthy, and happy. read more.

Making us laugh this week:

AgingHere Referral Program

Today’s Sponsor: Mastering Medicare (MasteringMedicare.net)

Listen to Mastering Medicare Podcast Episode 20: Medicare Advantage and Delegated Medical Group Deep Dive with Alex Mohseni

AgingHere Inspirational Quotes

The beauty of geriatric care lies in the ability to bring moments of joy, laughter, and connection to those who may feel forgotten. Let us be the light that brightens their days and makes their hearts smile.