The global long-term care software market is witnessing significant growth, fueled by rising demand for comprehensive electronic health record (EHR) solutions and increased technology adoption in healthcare. With functionalities including EHRs, medication management, care planning, and billing, long-term care software is facilitating efficient resident care management in skilled nursing facilities, assisted living communities, and home health agencies. According to a recent report by Growth Plus Reports , the market is projected to reach US$12.10 billion by 2031, growing at a CAGR of 11.78%. Market growth drivers for long-term care software Aging population: The growing global aging population is driving demand for long-term care services, necessitating advanced software solutions to manage complex healthcare needs effectively. Technological advancements: Advancements in healthcare technology, such as EHRs, telehealth, and remote monitoring, are spurring the adoption of long-term care software to enhance care coordination and streamline administrative processes. Regulatory requirements: Increasing regulatory standards, including EHR compliance and interoperability mandates, are propelling the adoption of long-term care software to ensure regulatory compliance and quality care delivery. Patient-centered care: Healthcare providers are investing in technology solutions to improve care coordination, communication, and patient engagement, aligning with the shift towards patient-centered care models and value-based reimbursement incentives. Latest long-term care software developments Long-term care software companies are focusing on several trends and areas of innovation: Interoperability and Integration: Providers are prioritizing interoperability to enable seamless data exchange with other healthcare systems and devices, facilitating improved care coordination and decision-making. Mobile and telehealth capabilities: Solutions are being enhanced with mobile-friendly interfaces and telehealth features to support virtual care delivery and remote patient monitoring. Artificial Intelligence (AI) and predictive analytics: AI-driven features are being integrated to analyze large datasets, predict clinical outcomes, and personalize care recommendations based on patient data. Population health management: Software is evolving to support population health initiatives, emphasizing preventive care, chronic disease management, and wellness promotion. User experience (UX) design: Providers are enhancing usability and satisfaction with intuitive interfaces, customizable dashboards, and role-based access controls. Data security and privacy: Measures are being strengthened to protect patient information from cybersecurity threats and ensure compliance with data privacy regulations. Considerations for global market entry Global companies aiming to enter local markets should consider cultural sensitivity, regulatory compliance, thorough market research, and strategic partnerships to navigate complexities effectively. As the global long-term care software market continues to expand, global companies must adapt to local market dynamics to capitalize on growth opportunities and establish a strong foothold in the evolving healthcare landscape. Top companies in long-term care software market AOD Software Cerner Corporation Kronos PointClickCare Omnicell McKesson Corporation Netsmart Optimus EMR Omnicare Inc. Allscripts Healthcare Solutions MatrixCare SigmaCare HealthMEDX LLC and others Source: Growth Plus Reports and BrandEssence Market Research and Consulting

Global long-term care software market set to surge amid growing demand

Cherish Health, a leading AI-focused health tech organization, has successfully raised $26 million in funding, setting a notable milestone in the healthcare technology sector. What sets this achievement apart is that the funding was secured without the assistance of venture capital. The primary objective behind this financial boost is to launch an innovative radar-based device aimed at detecting falls, particularly benefiting the elderly community. This revolutionary tool is poised to elevate safety standards and enhance response times in elder care facilities and for seniors living independently. Furthermore, its successful introduction into the market is anticipated to create job opportunities, thereby solidifying Cherish Health's position as a key player in the healthcare tech arena. In a departure from traditional funding methods, Cherish Health opted to raise funds from strategic investors rather than relying on conventional venture capitalists. This strategic decision reflects the company's strong confidence in the company's potential and a desire to retain significant control over its trajectory. Serenity provides radar tech in elder care Cherish Health's flagship offering, Serenity, represents a significant breakthrough in elder care technology. This discreet device, powered by radar technology, is engineered to detect falls without the need for wearables. Unlike conventional fall detection tools, Serenity offers multi-room monitoring and can differentiate between routine movements and falls, ensuring prompt alerts to caregivers or family members in the event of potential accidents. Cherish Health's collaboration with Alarm.com also underscores its commitment to excellence and innovation. Through this partnership, Cherish SerenityTM integrates advanced radar technology and AI to detect falls and monitor activities across multiple rooms, offering unparalleled safety and peace of mind. Serenity's unique ability to construct a detailed skeleton model of individuals in near-real-time sets it apart from conventional solutions. Moreover, its capacity to monitor vital signs like resting heart rate and respiration from a distance, without the need for wearables, showcases the technology's potential to revolutionize home healthcare. Looking ahead, Cherish Health envisions broader applications for its patented technology, including public safety measures and health monitoring in vehicles. With localized operations and a strong market interest, the company is well-positioned to make a significant impact in the healthcare technology landscape. Source: Baseline, TechCrunch

Cherish Health secures $26M in funding for radar tech in elder care

Smart Meter, the supplier of remote patient monitoring (RPM) devices, data, and services, supporting a nationwide network of SmartPartners, will unveil three new products at the HIMSS Global Conference next week in Chicago. SmartPartners can dramatically expand their solutions using these new health monitoring tools, helping providers better care for patients with various chronic conditions, including cardiovascular disease, hypertension, congestive heart failure, diabetes, and weight management. Smart Meter will have many new product launch activities during the HIMSS conference, with the new monitors included in the AT&T Healthcare Tech Innovation display. This showcase features leading solutions that imbue AT&T IoT Connectivity. Additionally, the two companies will lead a presentation on the importance of ensuring the security of patient data in connected care models. "Smart Meter is proud to expand our line of proprietary monitoring devices that combine patient-friendly technologies with robust security," said Bill Bassett, Chief Marketing Officer, Smart Meter. "Our devices can only connect and transmit patient-generated health data when connected to our exclusive Private Data Network custom built with AT&T and Cisco, ensuring that patient data is protected from alteration, eavesdropping, data mining, or interception." About Smart Meter, LLC Smart Meter is the supplier of Remote Patient Monitoring ("RPM") solutions to a nationwide network of SmartPartners™ who are transforming patient care. Millions of vital health data readings are reliably delivered across our secure platform, enabling SmartPartners to provide real-time, better-informed health care. Our proprietary, patient-friendly, cellular, FDA-registered monitoring devices are connected to an exclusive AT&T IoT Private Data Network to ensure an engaging patient experience for improved adherence.

Innovative cellular-enabled health monitoring solutions to debut at HIMSS Global Conference

Designing homes for every stage of life—accessible, safe, and smart for ageing in place. (Source： ChatGPT) Reimagining Safety Through Innovation Creating aging-ready homes requires a mix of technology, clinical insights, and scalable interventions. By integrating these elements, we can support independence, reduce costs, and improve the quality of life for seniors. Key Strategies for Safer Homes Technology-Driven Solutions: Leverage AI tools to assess risks and recommend personalized modifications. Equip professionals with efficient safety assessment technologies. Clinically Informed Safety Plans: Tailor home modifications to individual needs by integrating clinical insights, moving away from one-size-fits-all solutions. Scalable Interventions: Use remote assessments and standardized safety kits to update homes efficiently at scale. Integrated Systems: Bridge gaps between healthcare providers, modification experts, and manufacturers through centralized data platforms. Predictive Analytics: Transition from reactive to proactive safety measures by using data to identify hazards before accidents occur. Steps Stakeholders Can Take Policymakers: Invest in innovative solutions that enhance safety and reduce costs. Healthcare Providers: Extend care into homes, emphasizing safety as a critical component of recovery. Home Professionals: Collaborate with healthcare providers to deliver effective modifications. Families: Act early to create safer environments for loved ones before accidents happen。 The Vision for the Future Ageing-ready homes aren’t just about safety; they represent a proactive approach to ageing in place. By combining technology, clinical expertise, and thoughtful design, we can create environments that support independence and improve lives. Let’s take bold steps today to secure a safer tomorrow for everyone. Source: Home Care Mag

The Blueprint for Aging-Ready Homes

In the quest for advancements in healthcare, MEDICA 2023 showcases groundbreaking innovations, bringing together technology and therapy to address diverse health challenges. Among the standout offerings are: Therapeutic Ball for Elderly Squeezi by Creative Therapy BV Developed as a Ghent University spinoff, Creative Therapy BV introduces Squeezi, an interactive ball designed for therapeutic exercises targeting upper body movement, flexibility, and strength. Aimed at the elderly, as well as those with cerebral palsy and stroke, Squeezi offers an engaging approach to rehabilitation. CUREO Virtual Reality Therapy System by CUREosity CUREosity presents CUREO, a CE-certified virtual reality therapy system designed in collaboration with clinics, physicians, therapists, and patients. Offering sustainable staff relief, high patient motivation, and a broad range of indications, CUREO uses immersive virtual reality to transform therapy into an engaging experience. The system is easy to use, requiring minimal training, and is adaptable to various therapeutic settings. M+ BrainCare Lamp by Ideabus Technology Tackling the significant global impact of aging and dementia on both individuals and economies, Ideabus introduces the M+ BrainCare Lamp. Leveraging a 40Hz therapy for Alzheimer's disease, validated through clinical trials, this innovative solution quantitatively monitors cognitive abilities, enabling early detection and personalized interventions. The therapy involves sound and light stimulation, reducing the decline in memory and cognitive ability scores by 83% and brain atrophy by 61%. Highlights of MEDICA 2023 (Part 1): Innovations in healthcare Highlights of MEDICA 2023 (part 3): Best tech for elder care TENS One Pain Relief by TensCare TensCare introduces TENS One, a digital TENS machine designed for easy use, providing drug-free pain relief for various conditions. With a focus on simplicity, this device is particularly suitable for individuals with motor difficulties. TENS therapy blocks pain signals, releasing endorphins to increase pain threshold, offering relief from conditions such as arthritis, joint pain, and chronic pain. Scientifically proven and approved globally, TENS One provides a safe and effective solution for pain management. WizeCare Platform by WizeCare Technologies WizeCare Technologies pioneers a shift in physical therapy with the WizeCare Platform, introducing MoveAI technology. Through a mobile device camera, this technology accurately analyzes patients' live movement patterns during prescribed exercises, offering measurements such as Range of Motion, Velocity, Tremor, Sway, and Efficiency. This digital evolution in physical therapy not only makes care more affordable but also expedites recovery by enabling virtual performance of physical therapy diagnosis. ORACIA by Instituto Pedro Nunes ORACIA, developed by Health Portugal, powered by Health Cluster Portugal, contributes to the digital transformation of health and care in speech therapy. This ICT-based solution enables remote rehabilitation for aphasia patients with specialized medical monitoring, emphasizing the integration of technology into speech therapy for enhanced patient care. As MEDICA 2023 unfolds, these innovations stand at the forefront of transformative therapies, showcasing the marriage of technology and healthcare for a brighter and healthier future.

Highlights of MEDICA 2023 (Part 2): Cutting-edge innovations in specialized therapies