The Silver Tsunami is here.
Every day, approximately 10,000 people turn 65 years old. By 2050, it’s estimated that people over 65 will represent more than 20 percent of the population, up from 15 percent today.
The good news: people are living longer than ever. With improved healthcare and medical advances, many seniors expect to live beyond the ages of their parents and grandparents.
The bad news: the infrastructure to help seniors age safely in their desired care setting–the home–is severely lacking.
When we started Prepared Health back in 2015, our mission and vision were simple–to empower personal caregivers to take care of their loved ones and help them age in the comfort of their own homes. The years since our launch have taught us the important role that professional caregivers and providers, like skilled nursing, home care and suppliers of medical equipment, contribute to this vision.
Today, the Prepared Health platform empowers caregivers at every level to work together in real-time in an integrated, data-driven workflow experience. Together, we’ve unlocked what we call a ‘never discharge’ model that helps providers continue care in the right care setting at the right time.
The results have been massive. Working with our partners we’ve been able to reduce avoidable readmissions, prevent unnecessary ER visits, accelerate authorization speed and, most importantly, deliver a coordinated care journey for patients and their family members.