Long-term care has gained importance in the past few years because of the growing aged population and the rising costs associated with eldercare. By 2050, 1/5 of the world’s population will be aged 60 or over, and 80% of the world’s aged will be in developing countries.
Long-term care is typically provided by different types of facilities and in various contexts, such as home-based care, nursing homes, senior day care centers, resident care centers and retirement villages. Key requirements across these business scenarios include:
Such a solution can bring significant benefits to long-term care operators.
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