The US healthcare system is facing unprecedented challenges today. The number of Americans living to age 90, or longer, has increased threefold since 1980, and between 2015 and 2060, the number of people aged over 65 years will double, while the number of individuals aged over 80 will triple. Baby boomers are turning 65 at a rate of over 10,000 people per day, and while not every senior is frail, there are almost 14 million Americans with three or more chronic conditions that require frequent medical attention. So, as this population continues to grow, how can we best support these individuals in a dignified and cost-effective way?
Introducing Lively Home, a proven healthcare analytics and services solution focused on reducing cost while increasing the quality of care for high utilization seniors.
Lively Home works by using data from remote sensors installed in the home to passively monitor activities of daily living such as sleeping, toileting, kitchen activities and movement. When a significant change in behavior is detected, a Lively Home Health Note is generated and sent to a Health Plan’s existing care management team, enabling caregivers to take action that often prevents a hospitalization or ER visit, and instead refers members to their own physician.
How effective is Lively Home? A recent study confirmed that Lively Home reduced hospital fees by 27%, ER costs by 39%, and long-term care expense by 68%. Overall the health plan saved, $687 per member per month, a 16% reduction in total cost of care.
What’s more, their members love the Lively Home system, with 94% saying it allowed them to live independently, longer.
To learn more about how Lively Home can positively impact quality of care while lowering PMPM costs of your senior members, visit greatcall.com/healthcare.