Category Archives: Parents

Sandwich Generation Woes

A funny thing has happened in the United State over the past 50 years, which on the surface is good, but for a growing segment of the population is adding an additional stress in their life. Due in a large part to vast improvements in medicines and treatment, the median life expectancy has been steadily increasing, adding about one half year of life expectancy to the population ever two years. So, in 1959 the median life expectancy was under 70, now, it is 83.  At the same time, Americans on average have been holding offer getting married and starting a family well into the late twenties or early thirties.  As a result, the generational gap between grandparents and grandkids has grown from 20 years to now 30.

Elder care services are becoming an ever-increasing need as baby boomers continue to retire at an alarming rate. Combining the fact that the elderly are living longer, and individuals are holding off having children until they are older, a new dilemma has developed for individuals between 38 and 55. Many of these adults are becoming part of the what is referred to the “sandwich” generation. This is where an adult has to not only take care of their children, but one, two, three or even four parents dispersed across the country which they are also taking care of.

Accounting to a 2013 Pew Research report, nearly half (47%) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child (age 18 or older). And about one-in-seven middle-aged adults (15%) are providing financial support to both an aging parent and a child.  Combine the fact that most adults in America do not live within 100 miles of their aging parents, it becomes obvious that this trend is adding stress to when elderly parents get ill or need care.

As a fallout of this growing trend, when the parents of a working adult become ill or need assistance, presently that working adult child will need to leave and take extended time away from work to deal with the situation.  The average time away is one week, and sometimes stretches into three weeks! In most cases, these individuals will likely have to continue to visit their aging parents for extended periods of time for the next 5 to 15 years.

The reason why individuals have to take time off, is that up until now, there was no “on-line” way to get reliable geriatric care. As stated earlier, most adult children do not reside close to their aging parents, and as such, have to schedule time to travel in order to arraign for care from a private duty agency, which includes interviewing the agencies, developing a care plan, and signing contracts.

Not only is there an impact on work, there is also a financial impact on these adults. According to a recent AARP study, 30 percent of family caregivers dip into their personal savings to cover long-term care costs, 16 percent reduce contributions to their retirement accounts, and about half cut back on leisure spending in order to help take care of their parents.

The tough reality is that many families are not rich enough to afford the staggering cost of private duty long-term care. Yet at the same time, they do not qualify for Medicaid, a health care program for low-income and disabled adults. So, it is nice to have a lower cost alternative to the high priced private duty agencies, that also delivers a superior service like Well Beyond Care.

About Well Beyond Care
Well Beyond Care is the only company that teaches families and individuals how to find and manage affordable non-medical in-home care, while solving the chronic problems of caregiver truancy and turnover through the web application, WellBeyondCare.com.  The Company’s platform combines the power of the internet with the personal touch of nurses to offer families a pathway to transitional care, allowing our elderly parents to safely age-in-place. Their solution lowers stress in hiring a caregiver and saves families tens of thousands of dollars per year in care costs.

 

Think you will never be a Caregiver? Ask your parents

Our aging parents sometimes have unmet expectations of their children, like wanting them to become doctors, or visiting and corresponding more, and in an ever growing situations, taking care of them in old age.

But when the need for our aging parents to get care and their adult children are not around, this can be disastrous for all parties, both emotionally and financially.  Many times, adult children are still taking care of their own kids, and their parents are left with no one to help them around the house or bring them to doctors. This “sandwich generation” is when adult children are taking care of both their children and their parents. In more and more cases, adult children are saving less for their futures as they help pay for their parents’ care and, in a few scenarios, may cut back on work hours or leave a job altogether.  In the worse case scenario,  discussions about what to do with mom or dad when they need care now or in the future go  undiscussed until it is too late.  Way too often, aging parents just assume that their adult children will take care of them and their needs, often thinking that one will move in with then in their twilight years.

According to a survey conducted by Bay Alarm Medical, more than 55% of parents anticipate their children will be the ones caring for them, either physically or financially, as they age. Unfortunately, most adult children do not agreed with that notion, or know that this is what their parents are thinking. In some areas, like the Midwest, only 36% of people felt children were obligated to care for their aging parents. Participants in other regions of the U.S. were much more likely to say they felt an obligation to caring for their parents in their old age. Parents are three and a half times more likely to lean on their daughters (and expect that of them) than their sons.  According to a 2006 study on mothers’ expectations of caregiving by their children,  and usually rely on the children they feel are closest emotionally.  To counter that finding, at Well Beyond Care, we have found that 80% of the adult children using our service as the care administrator and paying for the service, are male.

Unfortunately, most families do not discuss caregiving needs, nor most money topics in genreal, because they are so uncomfortable, personal or private. Not only do our aging parents keep their finances hidden, but they sometimes forget or avoid, or just don’t know how, to tell their children what they expect in their old age. The consequences could be a disappointed parent, or one without the proper plan to fund their care, or even worse, a parent who needs care and can not get it.

To the consternation of  adult children, they end up bearing the brunt financially if they become their parents’ caregiver without planning. The children may not pursue the careers they want because they have to move back home, or they forego putting more money into a retirement account because they think they willl need liquidity for when their parents fall ill.

Communication is vital between the generations in terms of caregiving, estate planning and myriad other reasons and goes a long way to help both generations plan and live without regrets.  Begin by getting the entire family together (or at least those most important to planning) and come up with a list of questions or concerns, such as who will provide physical care, do household chores or pay bills. Because this is such an emotionally charged subject (people don’t normally like talking about their declining physical or mental state), children have to be especially patient and empathetic toward their parents, and give them room to get angry when they bring up difficult observations, such as impaired driving abilities. If parents keep resisting the conversation, be persistent and bring it up as many times as necessary.

The good news is this that most adult children tend to step up to the plate, even if it is a stressful situation. Of all the 2,000 adult children surveyed in a Merrill Lynch and Age Wave report, 100% said they support their loved ones emotionally and socially, followed by 92% said they provide household support, 84% who said medical support and 64% who said physical care. Another 92% said they provide financial assistance, such as paying the bills, handling insurance claims and cutting back on their own expenses or dipping into their own savings accounts. What is beneficial, is that if a family is unable to move back home, Well Beyond Care can supply a service that saves on average $10,000 to $30,000 over private duty care, and allows management of the care plan from anywhere in the world.

About Well Beyond Care
Well Beyond Care is the only company that teaches families and individuals how to find and manage affordable non-medical in-home care, while solving the chronic problems of caregiver truancy and turnover through the web application, WellBeyondCare.com.  The Company’s platform combines the power of the internet with the personal touch of nurses to offer families a pathway to transitional care, allowing our elderly parents to safely age-in-place. Their solution lowers stress in hiring a caregiver and saves families tens of thousands of dollars per year in care costs.

 

In-Home Care: The Practical Choice

Many American adults today are facing the reality of caring or having to care for their aging parents who are no longer capable of living an independent life. Many are worried about what they can do to ensure that their parents may receive the kind of care they need at this point of their life, but few know what to do about getting care. So, if you are in this situation, it may be comforting to know that you are not the only one facing this challenge. According to recent statistics, “the oldest-old population (those age 85 and over) grew from just over 100,000 in 1900 to 5.5 million in 2010” (AgingStats.gov). There are millions of others like you thinking about how to get the best care for their aging parents and wondering how to do so at an affordable cost.

Without a doubt, the costs of healthcare these days can be crippling. And sadly, the hope of having these costs adjust favorably may be bleak. In spite of health care reforms, there is no guarantee as to whether or not they will work out well for American citizens or not – and this leaves you with the only option of working on your parents’ healthcare requirements using your own resources.

The Difficulties of Healthcare for Elderly Parents

The difficulties that your parents are experiencing as they feel the pangs of aging may be as overwhelming to you as them. The added stress you are feeling about having to provide them the best help they can get makes the situation even worse. Their health issues, along with the inconveniences of possible incontinence and inability to perform their daily tasks, like dressing, bathing, and cooking, call for your immediate attention.  Adding this urgent need to your own scheduling requirements to look after them as they progressively need more care, adds significant angst to you and your family.  What options do you have?

The Common Response

The most common response in this kind of situation would either to admit your parents to a full-time nursing home, or an assisted care facility if you can afford it. Though these options may be plausible, they may not be the most practical choice if you are considering your long term financial future.

To begin with, long-term outlay costs may be burdensome for you and your family; you may have other fiscal obligations, such as having to provide for your spouse and children, and your own daily living expenses. On the other hand, nursing homes and assisted care facilities may also be equally as expensive, with the costs estimated at up to $80,000 annually (CNN Money, 2013).

In-Home Care Options

Hiring your own In-home caregiver, on the other hand, may be a more practical choice. Unlike the other more common options, having this kind of care for your aging parents may mean not having to spend as much money while getting the same or better assistance they require and deserve.

These non-medical, private pay or personal care professionals, or caregivers, can do anything from preparation of meals, to bathing and grooming, to even administering intravenous medications. Depending on their specific qualifications, they may also offer other services as that your parents may need now or in the future.  The cost savings of hiring an individual caregiver can be substantial, sometimes less than half the expected cost of a nursing home facility.  The advantages of having a caregiver for your parents may be the best choice you make for them; and for yourself as well.

When hiring your own caregiver, you should look at companies like Well Beyond Care. Well Beyond Care offers an online caregiving matching application and more. While most in-home care is provided by private duty agencies, Well Beyond Care teaches and guides a Careseeker (a senior or their children) on hiring their own caregiver. Compared to traditional Private Duty Agencies, families can save $10K to $30K per year, and caregivers make an additional $3 to $4 per hour extra using our on-line service.  The Well Beyond Care system, combines the best in caregiver hiring (matching, screening, ratings & background checks) with all the back-office functions (verified time worked, payroll, scheduling, and documentation) to insure safe, reliable, dependable, affordable care is obtained.  Each careseeking member has access to their own local, personal nurse navigator to help guide them and give advice on healthcare options.  An user friendly, free service, the  Well Beyond Care system wants to make sure that there is a rightness of fit in the Care-Pair by empowering caregivers and those looking for care.

Private Duty Caregivers: Too Much Turnover

Many adult children who are looking to care for their elderly parent find in home care services a better option than having to place their loved ones in assisted living facilities or nursing homes. There are a number of factors influencing this specific preference. Topping the long list would be the fact that the elderly careseeker remains it the familiar confines of their home. This gives family and friends more peace of mind knowing that they can more readily get in touch with person receiving care. Even though the cost of in home caregivers has increased, it is still more cost effective than placing a loved one in a nursing home or an assisted living facility, making it a more practical choice.

The hourly cost involved with hiring a caregiver from a private duty agency varies since costs are based on several controlling factors. When you hire a caregiver using a private duty agency, the needs of the careseeker should be the primary consideration. Another important factor to consider is the number of hours that the patient may require assistance, since overtime rates or minimum hour charges may apply when using an agency. Additionally, the skill set required, experience, and certifications of the caregiver will also contribute to the rates you may have to pay for the type of caregiver you receive. Geographical location is another factor as rates vary from one city to another, and one region to the next.

According to the Genworth 2015 Cost of Care Survey, the national average hourly wage for home caregivers is at $9.31 per hour. However the costs are higher when going through an agency due in large part to their overhead. For example, an agency may charge $21.50 per hour for an entry level caregiver. This cost may include salary, healthcare, uniforms and other employee related expenses such as training and having a business office. Costs for more experienced caregivers will increase based on skill set, certifications and years of experience. These are the costs you can expect to find as you conduct your caregiver search. Most caregivers these days are working for a private duty agency as it has been traditionally the only avenue for them to find careseekers or to get continuous work.

Families requiring home caregivers may have the expectation that the quality of service from the caregivers supplied through agencies is expected to be higher, since most people assume agencies have minimum standards and state implemented rules and regulations for their caregivers. While this might be the expectation, due to the low wages paid to caregivers at most agencies, they usually experience as much as a 50% turnover rate of caregivers in any given month. According to a 2014 Benchmark Study published by Home Care Pulse and sponsored by the National Private Duty Association, average caregiver turnover rate for all home care companies increased from 46.2% to 49.8% between 2010 and 2013, and has increased yet again to 52.9% as of 2015. This high turnover rate is not conducive to creating a stable care environment in the home, and companies like Well Beyond Care are trying to rectify this with offering higher salaries for caregivers while reducing the costs paid by families looking for care for their loved ones. In addition, when a careseeker has more say in the screening and hiring of a caregiver, there is a dramatically reduced incidence of caregiver turnover.

Well Beyond Care gives caregivers and those who need care the tools to manage their in-home care online. Caregivers, registered nurses, certified nurse assistants, and geriatric care managers can use the website to be best matched with careseekers looking for care, set their wages, post their weekly availability, receive weekly payment, and build their resume and portfolio with real experience. Careseekers and family members looking for someone to give care for their parents or loved ones, can use the website to search for qualified nurses, CNAs and caregivers, are matched with a caregiver who can best can deliver care to specific care needs, monitor their caregivers’ schedules and payment online and receive personal support from the nurse that is assigned to them when they join. Join for free today at WellBeyondCare.com

Tips for Caregivers: Caring for Elderly Parents with Alzheimer’s Disease

Caring for patients with Alzheimer’s Disease (AD), resulting in dementia, can be a demanding experience due to their changing behavior. Every day brings new challenges and difficulties. A caregiver should have an effective plan in place to help them care for elderly patients suffering from Alzheimer’s.

Handling a person with dementia caused by onset Alzheimer’s disease or finding out that a loved one has Alzheimer’s disease can be stressful, challenging and frightening. Alzheimer disease is a progressive neurological disorder, affecting long and short-term memory, thinking skills, and human behavior. AD patients will forget how to perform basic daily tasks, but they also forget familiar people and places. Caring for a person with AD can become frustrating at times, but it is also extremely important because Alzheimer’s patients cannot usually care for themselves. Because our aging loved ones typically have such a hard time recognizing their surroundings, especially new ones, it is often recommended that patients stay living at home as long as possible rather than moving to a nursing home or assisted living facility.

Benefits of hiring your own Caregiver for elderly patients with Alzheimer’s

The benefit of hiring a caregiver directly is that you can select the person you like the best, has the appropriate dementia training, and who is the best fit for your family. Hiring someone directly is usually cheaper than hiring through an agency, and it is typically orders of magnitude less expensive than placing them in a nursing home.

The Internet makes it very easy to find an appropriately skilled caregiver near you. Using a fully integrated online service to hire a caregiver for your loved one is a new way to be matched with the best skilled caregivers, who are reliable, have a well-matched temperament, are verified, and affordable. Well Beyond Care makes hiring a caregiver simple and easy, allowing you to maintain control of your care needs or the care needs of a loved one.

Alzheimer’s Geriatric Patient Caregiver Tips

  • As a caregiver, it is vital to learn as much as possible about Alzheimer’s disease and what to expect from an elderly patient with Alzheimer’s, including taking as much training on AD and dementia as is available.
  • When possible, caregivers should learn about the elderly patient’s history and family. Surrounding the patient with items that remind them of their past or photographs or their loved ones may be beneficial to the patient.
  • A caregiver should not feel guilty if the patient is upset or confused. Always keep in mind that many behaviors associated with patient are due to the disease. Try to focus on their positive moments and good memories. Keeping a positive attitude will make helping the patient work through difficult times easier.
  • Engage the patient with games and books. Place more focus on having fun with the games rather than the patient’s illness. Entertain patients with interesting books to promote active listening.
  • Choose lively TV shows with simple story backgrounds to keep the patient occupied.
  • Play familiar music that the dementia patience likes to listen to. It has been shown that music is one of that memory functions to deteriorate with dementia.

About Well Beyond Care:

Well Beyond Care provides the tools that help you plan care and allow your loved ones to safely age in place.  It is the only company that teaches families and individuals how to find and manage affordable non-medical in-home care, while solving the chronic problems of caregiver truancy and turnover.  Our platform combines the power of the internet with the personal touch of nurses to offer families a pathway to transitional care, allowing our elderly parents to safely age-in-place. This solution lowers stress in hiring a caregiver and saves families tens of thousands of dollars per year in care costs.   Its online system combines the best in Caregiver matching (searching, screening, ratings & hiring) with all the back-office functions (time worked, payroll, scheduling, and notifications) to ensure safe, reliable, dependable, affordable care is obtained. It is the only company that gives each Careseeker access to their own local, personal nurse to help guide them through the hiring process. The Careseeker’s nurse provides advice on healthcare options and aids with transitional care.

More Baby Boomers Caring for Parents in Their Homes

Due in part to the fact that Americans are living longer, there are now over 70 million baby boomers who are now dealing with the reality of having to care for their aging parents or grandparents. Supplying geriatric care needs can affect these individuals on many different levels. Impediments such as arthritis, high blood pressure or increased blood sugar levels are just a few of the concerns that may require the attention of someone taking care of an elderly person. In addition to these medical conditions, incontinence and immobility may be additional burdening concerns, as well as comorbidities such as COPD (Chronic Obstructive Pulmonary Disease, CHF (Congestive Heart Failure, and Dementia.  With this in mind, aging adults may need the assistance of geriatric care professionals, in conjunction with skilled caregivers, in order to afford a safe, healthy, stress free environment for their loved ones.

Today, a number of geriatric care options exist for concerned baby boomers to choose from. There are nursing homes, assisted living facilities (ALF), independent living facilities, and in-home care service providers. Depending on the extent of service and assistance necessary, any of these geriatric care options could be a viable solution. While nursing homes and assisted living facilities may be more convenient for the responsible family member, these sorts of geriatric care options may also be cost prohibitive. According to Genworth’s 2016 Cost of Care Survey, the average cost of private nursing home care in the US is now $92,345 per year (or $235 per day). Assisted living facilities usually charge less, while in-home care is the least expensive option with flexible payment rates that can vary depending on the skill set and time required for the patient’s care.

Aside from these usual geriatric care options, there are those who choose to offer care for their elderly parents or grandparents personally. They are classified as “informal caregivers”, and provide in-home care for their loved ones without formal training or education in geriatric care. While this setup may be motivated by very noble causes, the physical, emotional, and psychological pressures associated with this kind of arrangement could become a very large burden for someone to assume. In addition to the pressure of caring for an elderly person, there may also be some legal implications if you cannot provide the level of appropriate geriatric care needed for your elderly relatives.

Just recently, prosecutors from the State of Pennsylvania charged an “informal caregiver” with allegedly committing “assisted suicide” to his chronically ill and aged father, in spite of the personal requests to end his life due to the fact the father felt an undue burden was being placed on his child. It is important to note that taking care of the elderly requires tremendous amounts of dedication, care, and caution on a daily and ongoing basis.

How Can I find the Best Caregiver for my Parents?

More than ever, we live in a long-distance society and finding the best caregiver for your parents requires a lot of consideration. To begin with, being far away and entrusting your aging parents in the hands of others may be a tough decision, but knowing that they are in the good hands of a trusted and qualified caregiver can lower stress, give you and your parents piece of mind, keep them out of the hospital, and actually prolong the length and quality of life for them.

Before making any decisions, it is important to know your options in choosing the best caregiving means for your parents. There are a number of live-in facilities offering caregiving, and it’s up to you to decide which option best suits your parent’s individual caregiving needs. It is vital that you get to know each healthcare facility and what they have to offer, which will allow you to decide whether or not you are making all the right decisions for your folks. It is advisable at this juncture to try and locate a healthcare professional who knows the good versus poor facilities in your area.  You might be shocked at the exorbitant cost of housing your parents in a healthcare facility, and may decide that hiring a in home private caregiver is actually the best option.

In-Home Care: An Excellent Health Care Option

In most cases, having to leave one’s home to move into a nursing home or assisted living facility gives elderly patients unnecessary anxiety and stress. Alternatively, hiring an in-home caregiver to come take care of your parent in their home where they are comfortable and familiar alleviates this stress. They can get the same health care and assistance they require from the comfort of their home through personalized home health care services.

There are a number of different levels of home caregiving at a varying range of pricing that you can choose from, depending on the particular needs of your parents. You can employ a geriatric care manager to help you determine which level of care or qualification your parents might need. Qualification levels include Registered Nurses (RN), Licensed Vocational Nurses (LVN), Skilled Caregivers, and Companions or Homemakers. Their qualifications and expertise may vary, but these professionals and skilled health care workers provide assistance to their elderly home care clients in their clients’ own homes.

The responsibilities that these home health care professionals provide range from assisting their elderly clients undertake their daily tasks of living, such as taking a bath, using the toilet and administering medicine, to other routine activities that aging patients may need help with, such as going to a doctor appointment, grocery shopping and doing laundry.

What You Need to Know About a Home Care Provider

As soon as you have decided to hire a home health caregiver for your parents, the next thing you need to do is decide which duties that caregiver will need to perform to effectively care for your parents. For instance, you may address the following points concerning your caregiver of choice:

  • Skills or qualifications
  • Recommendations from past patients or clients
  • Number of years experience in caregiving
  • Accreditations and licenses
  • Confidentiality and client privacy policies
  • Records of inspections, ratings, and client satisfaction
  • Criminal background check

Apart from these concerns, you should also consider your budget. Hiring an in-home caregiver is typically much more affordable than nursing home or assisted living facility care. But more importantly, it is all about looking for a caregiver that offers the service that your parents require, at a rate you can afford.

Hiring an individual skilled caregiver is an excellent way to save money while building a close personal relationship with a high quality care professional.  But in saving money, make sure you are NOT endangering your parents by hiring an unscreened or unqualified caregiver.

Well Beyond Care gives both caregivers and those who need care the tools to manage their in-home care online. Caregivers, registered nurses and geriatric care managers can use the website to be matched with Careseekers and their family members who are looking for care, set their wages and weekly schedule, receive weekly payment, and build their resume and portfolio with real experience. Careseekers, or family members looking for someone to help care for their parents or loved ones, can use the website to be matched with caregivers who best match their specific care needs, monitor their caregivers’ schedules, and make payment online and receive personal, local support from a local Nurse Care-Pair Manager. These Nurse Care-Pair Managers offer assistance in understanding what is available with care in your community as well as helping you navigate any issues you might run into using the Well Beyond Care website. Join for free today at WellBeyondCare.com.

Well Beyond Care Overall Winner of Rice Alliance Pitch Event

For Immediate Release

Contact:
Lauren Tarrant, RN
Chief Nursing Officer
Well Beyond Care, Inc.
(512) 809-4057
lauren@wellbeyondcare.com

Well Beyond Care Overall Winner of Rice Alliance Pitch Event

A Health Tech Company Disintermediating Private Duty Care was Selected as Overall Winner over Ten Companies Presenting at the 2017 Startup Pitch Competition

Austin, TX, January 25, 2017 – Well Beyond Care, an online caregiving matchmaker service that is disintermediating private duty care, won the first Rice Alliance-Austin Chapter and Central Texas Angel Network pitch competition on Wednesday night at the Alamo Drafthouse on South Lamar.  With overall winner’s prize package is worth more than $100,000 including “in kind” prizes from Andrews Kurth, Capital Factory and other companies.

2017PitchAwardRice Alliance and CTAN picked ten Texas-based seed stage companies out of 67 who applied to present at the event.  Jeffrey Fry, CEO and Co-Founder, came up with the idea for Well Beyond Care after caring for his ailing mom, who lived in Alexandria, Virginia for seven years.

“First it is an honor to have been chosen to present with so many fine Austin startups,” Mr. Fry stated.  “And to be selected the overall winner just gives testament to the pressing need to resolved the “silver tsunami” of geriatric care in the U.S.,” Mr. Fry added.

“Being an engineer, I wanted to create something better than what’s out there. Together with my co-founder, Lauren Tarrant, RN, we created an innovative online platform that allows families to hire their own caregivers and resolve most of the pervasive problems in private duty care.  This platform not only save families $10K to $30K in caregiver cost but families now can hire a caregiver of their choosing, that are matched to their needs, and are dependable, reliable, affordable, and available,” Mr. Fry concluded.

Lauren Tarrant added, “today, more than seven and half million people are getting in home care. The market is $120 billion for in home care, but by the end of the decade it’s going to be $180 billion. And 95 percent of all the people who get in-home or private duty care use an agency. They are first off, extremely expensive and we wanted to now allow a more affordable choice for families.  In addition, the two biggest problems with those agencies are truancy and turnover of workers. So, you get unreliable care. Winning this award gets us one step closer to realizing the dream of affordable in home care.”

Well Beyond Care, founded in 2014, has raised $310,000 in seed stage capital so far. The company is raising additional funds to build new features into its it platform including a mobile app and more administrative reporting.  Project Balance has been contracted to develop this applications and the company is looking to launch their platform in May of 2017.

The other finalists in the Austin Rice Alliance pitch competition included:

Anderson Remplex: This Flower Mound-based startup created a product called ProROX to eliminate pathogens from food products for commercial kitchens and consumers.

HipPocket: This Dallas-based startup created a better search and marketing product for real estate listings using machine learning, data and analytics. The company says it transforms how buyer and sales agents connect and consumers buy homes.

Renovate Simply: This Austin-based startup created a home renovation platform for banks, credit unions and other lending institutions to automate the home renovation process and provide increased transparency and reduce risk.

Cingo: This Austin-based startup provides the technology for companies to embed real time in app customer support in their mobile apps.

Homads: This Austin-based startup created a marketplace for month to month rentals of 30 or more days.

Sandbox Commerce: This Austin-based startup created a simply to use system that allows retailers to create a mobile app easily without any knowledge of coding.

SigTrak – This Austin-based startup created technology for data extraction and analytics for microchip design.

About Rice Alliance – Austin Chapter:
Rice Alliance – Austin Chapter aids entrepreneurs and investors alike, principally through educational events and workshops but also through mentoring, funding, partnership, and networking. The Austin Chapter was formed in 2003 as the successful Rice Alliance for Technology & Entrepreneurship initiative at Rice University in Houston expanded its footprint. Austin was an obvious choice and the Austin Chapter now claims an important space in the entrepreneurial community in the capital city. Learn more at austinricealliance.org.

About CTAN:
Central Texas Angel Network (CTAN) is the largest angel investing network in Texas, and the #1 most active single-chapter group in the nation (for 2015).  It mission is twofold:  To provide quality early-stage investment opportunities for accredited angel investors, and to assist entrepreneurs and early-stage growth companies by serving as a key source of funding, mentorship, strategic advice, and educational resources. CTAN was founded in 2006 by local investors and community leaders, who believed that early-stage investing could provide a meaningful return for investors while also spurring local economic growth. Individual members of the organization volunteered their time and expertise to review potential investments and assist entrepreneurs.  Learn more at centraltexasangelnetwork.com.

Retirement Age: Caring for Baby Boomers

200258139-001To date, over 75 million baby boomers are dealing with the reality of having to care for their aging parents or grandparents. Supplying geriatric care needs can affect these individuals on many different levels. Impediments such as arthritis, high blood pressure or increased blood sugar levels are just a few of the concerns that may require the attention of someone taking care of an elderly person. In addition to these medical conditions, incontinence and immobility may be another burdening concern, as well as comorbidities such as COPD (Chronic Obstructive Pulmonary Disease, CHF (Congestive Heart Failure, and Dementia. With this in mind, aging adults may need the assistance of geriatric care professionals, in conjunction with skilled caregivers, in order to afford a safe, healthy, stress free environment for loved ones.

Today, a number of geriatric care options exist for concerned baby boomers to choose from. There are nursing homes, assisted living facilities (ALF), independent living facilities, and in-home care service providers. Depending on the extent of service and assistance necessary, any of these geriatric care options could be a viable solution. While nursing homes and assisted living facilities may be more convenient for the responsible family member, these sorts of geriatric care options may also be cost prohibitive. According to the Genworth Cost of Care study, nursing homes can cost up to $6,390 per month. Assisted living facilities usually charge less, while in-home care is the least expensive option with flexible payment rates that can vary depending on the skill set and time required for the patient’s care.

Aside from these usual geriatric care options, there are those who choose to offer care for their elderly parents or grandparents personally. They are called “informal caregivers”, as they provide in-home care for their parents or grandparents without formal training or education in geriatric care. While this setup may be motivated by very noble causes, the physical, emotional, and psychological pressures associated with this kind of arrangement could become a very large burden for someone to assume. In addition to the pressure of caring for an elderly person, there may also be some legal implications if you cannot provide the level of appropriate geriatric care needed for your elderly relatives.

Just recently, prosecutors from the State of Pennsylvania charged an “informal caregiver” with allegedly committing “assisted suicide” to his chronically ill and aged father, in spite of the personal requests to end his life due to the fact the father felt an undue burden was being placed on his child. It is important to note that taking care of the elderly requires tremendous amounts of dedication, care, and caution on a daily and ongoing basis.

Considering the challenges and dilemmas baby boomers face regularly while fulfilling their obligations to provide geriatric care for their elderly parents or grandparents, they may still require the assistance of a geriatric care professional and a private duty caregiver, in one form or another.

Well Beyond Care:

WellBeyondCare.com gives those who need care the tools to manage their in home care online. Careseekers, or family members looking for someone to help care for their parents or loved ones, can use the website to search for qualified nurses and caregivers, post jobs that outline their specific care needs, monitor their caregivers’ schedules, and make payment online and receive personal support, local support from their personal Nurse Care-Pair Manager. Caregivers can use the website to search for caregiving jobs, set their wages, post their weekly availability, receive weekly payment, and build their resume and portfolio with real experience. Join for free today at WellBeyondCare.com.