1mflourish's Podcast

Char Hu - What is the Role Data Plays in the Future of Long-term Care?

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Synopsis

We Believe In Technology's Ability To Take Data From Other Industries And Provide The Right Size Home Care. Why spend so much money on a caregiver when you don't need it? You can do activity monitoring or predictive analytics to see what times of day your loved one struggles with certain tasks. Then use the program's algorithm to predict which days are most likely for these difficulties based on past data before scheduling caregivers in those time slots.Today I welcome Dr. Char Hu to the program. He’s currently CEO of The Helper Bees, partnering with insurance carriers and health plans to provide the tools for older adults to stay independent, healthy, and at home longer.We discuss:Why Char founded the Helper Bees?Aging in America: The impact of a large population of boomers planning to age in placeA mix of information on payer sources (Long Term Care Insurance & Medicare Advantage) and how they’re leading the charge of innovation in long term careThe importance of education, resources, and