Both China and Japan are in the midst of major changing demographics which offers immense opportunities for foreign care providers. The senior care market in both Japan and China is also a promising opportunity if well thought out business models emerge making both countries one of the world’s most lucrative markets for senior care companies. Many early entrants into the Chinese market have focused on providing this luxury product with “5 Star Resorts.”
According to recent studies, older adults with hearing loss are vulnerable to developing Alzheimer’s disease and dementia, compared to those with normal hearing. As the hearing further deteriorates, the risk increases exponentially.
Is your facility doing weekly orientation for new staff due to low retention numbers? Is this because of growth or is it because of turnover? Does everyone want to work for you or are people jumping ship for reasons you don’t understand or know how to fix? You are not alone….the struggle is real!
Rehabilitation by a physical therapist, occupational therapist or speech therapist can decrease an elder’s risk of falls, restore their ability to dress independently, or increase their cognitive abilities so that they manage their bills. The greatest benefit of therapy is that elders gain independence.
Medication management is becoming a complex issue facing many elder adults. According to Jane Brody’s article “Too Many Pills for Aging Adults”, more than 40 percent of adults over age 65 are taking at least 5 pills daily.
Only a Doctor can prescribe medical equipment if a patient intends for their insurance to assist in paying. The type of insurance dictates how much of the equipment cost is covered. There are requirements by each payer source.