For the first time, the senior living industry has research showing the economic benefit of remote monitoring.
The study found the following:
- A statistically significant decrease (27%) in the discharge rate for communities with remote monitoring vs. those without.
- A threefold increase in the service package revenue for senior living communities.
- An estimated savings of 1 Full Time Employee per day for a community with 42 residents.
- Explore these trends in 2015 to get moving and get ahead.
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