Unveiling the Realities of the Memory Care Market with ThriveWell At Home's Kandice Stanley

February 14, 2025 00:35:08
Unveiling the Realities of the Memory Care Market with ThriveWell At Home's Kandice Stanley
Home Health Revealed (+Palliative and Hospice)
Unveiling the Realities of the Memory Care Market with ThriveWell At Home's Kandice Stanley

Feb 14 2025 | 00:35:08

/

Show Notes

Join Michael Greenlee and Hannah Vale as they tackle a crucial topic impacting millions of families: Memory Care. Hannah is back after battling the flu (tequila vs. chamomile, the debate continues!), and ready to dive into the booming memory care market. Is it just a market, or an opportunity to truly serve people?

Key Discussion Points:

The Growing Memory Care Market: The US memory care market was valued at $5.82 billion in 2022 and is projected to reach over $11 billion by 2033. The implications of this growth are a on-going discussion. 

Staggering Statistics: Over 40% of individuals above the age of 65 in the US live with some form of memory impairment. Hannah and Mike unpack the numbers and what they mean for families.

The Importance of Home: While assisted living facilities are on the rise, many individuals prefer to remain in the comfort of their own homes. What are the benefits and challenges of aging in place?

Caregiver Burnout: The demands of caring for someone with memory impairment can lead to caregiver burnout. What resources are available, and how can we better support caregivers?

"Diabetes 3": A New Perspective?: Kandice and the hosts explore the potential link between diet, glucose levels, and Alzheimer's, prompting the question: Should Alzheimer's be viewed as "Diabetes 3" in the US?

ThriveWell At Home's Holistic Approach: Kandice shares ThriveWell At Home's mission: "Glorifying God by bringing more love and better health to those we serve." They discuss the five drivers of health and wellness - community, spirituality, nutrition, purpose, and more, and how they are integrated into care plans.

Featured Guest:

Kandice Stanley, RN, Director of Patient Care Services at ThriveWell At Home, brings over 22 years of diverse healthcare experience to the table. Kandice is passionate about revolutionizing how caregivers are treated and compensated. 

Notable Quotes from Kandice:

"Caregivers are the foundation of healthcare at home. It is time they're treated with the dignity and support that reflect their essential role in patient lives."

Links & Resources:

ThriveWell At Home: https://www.thrivewellathome.com/ 

HealthRev Partners: https://healthrevpartners.com/

Subscribe to Home Health Revealed for more insightful discussions on the latest trends and challenges in home healthcare!

 

Other Episodes

Episode

July 26, 2024 00:35:32
Episode Cover

Balancing AI and Human Touch in Home Health: Insights from Jamie Kuelker, RN BSN MBA

Discover how AI is revolutionizing home health and hospice care in this insightful episode of the Home Health Reveal Podcast. Host Mike Greenlee and...

Listen

Episode

August 15, 2021 00:31:42
Episode Cover

Marketing Your Agency with SEO Marketing Leader, Josh Lenz

Hannah Vale and Michael Greenlee talk with Josh Lenz, a SEO marketing leader specializing in authority marketing about how home health agencies can better...

Listen

Episode

October 16, 2023 00:42:20
Episode Cover

Meeting Home Health Challenges with Centralization with Alicia Marr, CEO of Excelin Health

Join your hosts, Michael and Hannah, as they engage in an insightful conversation with a distinguished guest, Alicia Marr, the CEO of Excelin Health....

Listen