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

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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!

 

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