Senior Housing News April 2, 2020
The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions.
As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development for some tech companies, which for years have made incremental progress and now find themselves flooded with inquiries and requests.
“There will be more advancement in telehealth between mid-March and mid-April than there has been in the last three years and it was already advancing dramatically,” Ziegler Managing Director, Healthcare Investment Banking Grant Chamberlain said during a March 25 webinar. Through its Link-Age fund, Ziegler...