home healthcare

Daily

Forget Obamacare. Why grandma and grandpa will save healthcare

A colleague's comment some 15 years ago sparked Dr. Tim Garson's grand idea for a way to expand access to affordable healthcare while lowering costs to the system. “He came up to me and said, you know, 50 percent of my patients could be taken care of by a good grandmother,” recalled Garson, now the director of the Center for Health Policy at University of Virginia.

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Mayo Clinic’s lab for senior healthcare innovations finds another partner

The Mayo Clinic Center for Innovation’s new lab devoted to researching healthcare technology and services that will help seniors remain at home, healthy and independent now has its second founding consortium member. The Evangelical Lutheran Good Samaritan Society — the nation’s largest not-for-profit provider of senior care and services — has signed on to support […]

Devices & Diagnostics

Invacare acquires negative-pressure wound therapy system

Home health products manufacturer Invacare (NYSE:IVC) has acquired a negative-pressure wound therapy system to be sold through its rental business for long-term care providers. But the Elyria, Ohio-based company wouldn’t reveal much more than that, such as the deal’s price or the company it acquired the technology from. Invacare revealed the acquisition in its (pdf) […]

Devices & Diagnostics

Invacare sees potential in long-term care equipment rentals market

As Invacare (NYSE:IVC) grapples with what it calls “slowness” in its markets, the medical equipment supplier illustrated with a recent acquisition one market in which it sees potential: rentals to long-term care providers like nursing homes and assisted-living facilities. The Elyria, Ohio-based company (pdf) announced last week when releasing its third-quarter earnings that it had […]

Health IT

Home healthcare startup gets $100K loan from Cuyahoga County

A Cleveland-area health IT startup that aims to connect seniors with home healthcare providers has received a $100,000 loan from Cuyahoga County. BestHomeHealthCare.com received a deferred, 5 percent interest loan through the county’s North Coast Opportunities Technology Fund. The company’s mission is to connect families in need of home healthcare to a wide range of […]