In The News: Has Caregiving Reached a Tipping Point?

This week Seniorlink was mentioned in an article from TripleTree, the country’s largest healthcare merchant bank, called "Has Caregiving Reached a Tipping Point?" 

"Caregiving" may just be the next big buzzword in healthcare. While the concept of caregiving and the potential impact of caregivers across the healthcare system have been easy to comprehend, the realities of caregiving have historically been difficult to overcome. The combination of a fragmented healthcare delivery system, the emotional demands associated with providing care for a loved one, the stresses of everyday life, the lack of understanding about health conditions, and uncertainty about how to navigate the healthcare system have added up to prevent caregivers from living up to their perceived potential – until now. 

...For years, TripleTree has been monitoring the market tailwinds that are creating the undeniable sense of urgency within this space. From obvious demographic shifts, like the Baby Boomers aging into Medicare and engaging the healthcare system more earnestly, to the less definable, such as how the Millennial generation is beginning to inject their expectations about technology into healthcare delivery, caregiving as an industry is beginning to shape itself in a big way. 

...Additionally, we’ve found that systemic changes resulting from the Affordable Care Act have created additional tailwinds as payers, providers, hospitals, and health systems collaborate to focus on better outcomes at lower costs. This shift to value-based compensation models creates further momentum for caregivers, as they become the quarterback for integrated care teams. At the recent What’s Next Boomer Business Summit, a representative from Seniorlink summed it perfectly: “Caregivers are the enablers that allow the shift to value to actually happen.”

Click here to read the full post.