Markets
The acquisition of Hospice Corporation of America by Kain Capital's PERA Holdings serves as a foundation for the firm’s investment strategy in the hospice and palliative care sectors. Kain Capital LLC, has announced the first acquisition of its new holding company for hospice investments, PERA Holdings. PERA Holdings has been established by Kain Capital to [...]
The global hearing aid market is predicted to grow to USD$13billion by 2028.
The What's Next: Living Longer Better Smarter podcast is set to launch in senior living communities across the US.
Innovators in the Agetech sector can now access up to US$400,000 from Centre for Ageing + Brain Health Innovation. The new fund will help grow and scale practical solutions for older adults and their caregivers. Eligible companies may also access additional investment of up to US$400,000 from the Ontario Brain Institute, commercialisation and funding support [...]
IU Alzheimer’s research will receive US$48.8M over the next five years by the National Institute of Health (NIH). The second largest federally funded research programme at Indiana University School of Medicine will use the investments to fund the work of researchers as they seek to discover treatments for Alzheimer’s disease. In 2016, a branch of [...]
Healthcare platform Upfront has raised US$10M to secure technology advancements. Upfront Healthcare, a leading omnichannel communication and patient engagement platform raises an additional US$10M co-led by Baird Capital, Echo Health Ventures and First Trust Capital Partners. Additional participation included existing investors like LRVHealth, Hyde Park Venture Partners, and Nashville Capital Network. The announcement included the [...]
CVS Health is acquiring Signify Health in a US$8bn deal that may improve the future of senior living. CVS Health will acquire the in-home health care company for a price valued at about $30.50 per share. Karen S. Lynch, CEO of CVS Health, said: “This acquisition will enhance our connection to consumers in the home [...]
AgeTech World meets sector experts to predict the trends we are likely to see in 2023, as pressure on the healthcare sector rises. Our world is going through an unprecedented demographic shift as we’ve never seen so many people reaching old age. According to the annual State of Ageing report by the Centre for Ageing [...]
The study, called Improving Care for Older Adults, provides policymakers and care providers with guidelines for reform. The guidelines focused on five essential themes that are care settings, better integrations for long-term care into communities, family caregivers, direct care workers and funding. The study assembled nearly 60 experts on long-term care to brainstorm in a [...]
MedMinder, the company that focuses on polypharmacy and senior patients, has closed a US$35m fund to invest in at-home treatments for elderly people. The funds, provided by SWK Corporation and by its already equity partner Accelmed Partners, will build virtual care, and clinical and technological capabilities for older people. MedMinder provides connected pill dispensers, pharmacy [...]
