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What Can the Senior Living Industry Expect from 2017?

This week we bid 2016 goodbye as we prepare for 2017 and all it has to offer. For many, 2016 was less than kind. From the loss of artists and musicians to the tumultuous election, it’s safe to say we are all hoping for a more optimistic year. As 2016 comes to a close we thought it would be the perfect time to reflect on what the last year has meant for the senior living industry, and what we can expect in the coming year.

If you recall, we have discussed the changing face of nursing homes and the role of technology in senior housing at length over the last year. This is due in large part to the fact that technology has had – and will continue to – a major impact on the senior living industry. As Baby Boomers continue to enter into retirement and are in need of long-term care, nursing homes and other SNFs will need to adjust accordingly. We expect this to be the major trend of 2017, but there are a few other trends that are worth mentioning.

2017 is set to be an interesting year in many respects. With a new president in office and other economical changes set to take place, many are anxious to see what the start of the year will bring for senior living and other industries. In some respects we don’t expect the senior living industry to change that drastically, as it has already come a long way from where it was 10 years ago. The industry will continue to adapt to the role of technology and we will see facilities updating their policies and features accordingly. The senior living industry will remain a high-service organization focused on improving resident experience, for one. With this in mind, we do expect 2017 to be a year of SNFs adapting to the changing needs and expectations of residents, families, and regulatory bodies. Operators will feel continued pressure from  policy makers and new residents alike, which will undoubtedly impact their course of growth.

Here is a look at a few other trends we expect to see in 2017:

SNFs Will Begin to Differentiate Themselves

As we learn more about what residents are looking for in a long-term care facility, we expect to see SNFs differentiate themselves from the competition. This also has to do with the added pressure from above, as facilities will be required meet specific guidelines and policies as they are implemented. In the past residents were more likely to choose an assisted living community because they could no longer live independently and needed help with their medications and day-to-day activities. While this is still the case, many are looking for communities that offer innovative programs, new technology, and other forward-thinking amenities. Residents are far more likely to choose a facility with all the bells and whistles over one that offers basic care. In 2017, a senior living facility’s message must be strong, clear, and concise in order to stand out.

SNFs Will Listen to the Needs of Residents

Building from the above point, senior living facilities will need to listen more carefully to the needs and desires of potential residents. In some cases this will mean offering at-home care options and smart transportation. This means that some senior living providers may decide to offer assistance to seniors in the comfort of their own home before they are ready to give up their independence and move into a senior living community. By going the extra mile and offering a new level of care to residents, SNFs will be able to provide better care and attract more residents.

We will certainly keep you updated as 2017 gets going on the trends we are seeing in senior living. If you are interested in investing in a senior living community or are looking to sell, please contact Shep Roylance today.

Reliable Transportation Offers Seniors Independence

When seniors and their family members begin to look into assisted living facilities, one of their main concerns will be the independence of the residents. Just because they are moving into assisted living doesn’t mean that seniors want to give up their freedom. Having reliable transportation options is a great way to help seniors maintain the lifestyle that they enjoyed before they moved into assisted living.

Some seniors will want to continue driving their own cars, which can be a great option, but for those residents who can no longer drive or simply don’t want to, there are a few transportation options that a facility can offer. Scheduled group outings are fairly typical, using shuttles or small busses. But residents will also appreciate it if they can request individual transportation to run errands, go shopping, or visit their doctor’s office.

When you’re looking into senior housing with the JCH Senior Housing Group, make sure that you have a plan to help your senior residents with their transportation needs.

Senior Living Apps Every Provider Should Have on Their Radar

Smartphones are everywhere today – including in senior living facilities. Not only are residents turning to smartphones to stay in contact with their loved ones, keep up with their meds, and for entertainment purposes, but senior living providers are also finding them to be rather useful. In a culture where our communication with one another is largely centered around electronics and mobile devices, this should come as no surprise. While many people think of smartphones and the many apps available for download as something for recreational use, there are actually quite a few applications that can help professionally. According to a recent report, the health mobile app market is worth an estimated $4 billion and expected to increase to $27 billion by 2017. This is HUGE, as you can imagine. With this in mind, it should come as no surprise that apps aimed at caregivers and senior living providers is a fast-growing industry.

Smartphones have completely revolutionized the way in which we interact with one another, shop, communicate with coworkers, and so on. On a professional level, it is sometimes overwhelming to look at just how much smartphones and apps have changed our society. Mobile technology has also had a hand in changing how we access and use health resources. For this reason alone, it is imperative that senior living providers are aware of the latest trends and apps on the market today. Many of these apps are designed to help those working in the healthcare industry provide better care and attention to their patients, which is undoubtedly a step in the right direction.

The Who’s Who of Apps for Senior Living Providers

A simple Google search of the best apps for senior living providers can provide you with an overwhelming amount of information, to say the least. There are tons of different apps for all different levels – from apps to keep track of medications and resident’s vitals to those that will help you stay one step ahead of any health issues or concerns your facility may be faced with. Here is a brief look at some of our favorite applications right now. If we missed one, please share!

    • iCareManager – This EHR system app aims to help reduce risks to residents in long-term care facilities. It performs a host of important duties, from managing resident documentation and staff information to facility workflows
    • eResidentCare – This smart software solution is designed for SNFs of all different sizes. It is a complete care management application that includes electronic charting, assessment notes, service scheduling, marketing, billing, and more
    • MyChart – This app was developed as a solution to the problems that many facilities were facing regarding resident-caregiver gap. MyChart aims to connect caregivers and senior living providers more directly with patients by providing patients with the opportunity to collect test results, medical records, and appointment reminders all in one place
    • PillJogger – This is a great medication management app that we think all senior living providers can benefit from. It is estimated that 90 percent of people over the age of 60 take at least one prescription drug, and 30 percent take five or more. With PillJogger, you won’t have to worry about residents staying on top of their medication schedules

Mobile apps and digital technology as a whole are completely changing the way senior living providers manage and run their facilities. It is important to stay on top of the latest trends and apps in this arena, as it could make a major difference in regards to how efficiently your facility runs.