Blooming Health is excited to announce our partnership with TCARE, Inc.. Together, TCARE, Inc. and Blooming Health will continue to move towards the shared goal of empowering healthy aging-in-place by supporting caregivers at scale so they can focus on what matters most: taking care of themselves and their loved ones.
According to a 2020 report from AARP, there are an estimated 41.8 million caregivers in the United States. Of that, 89% are unpaid caregivers, either family or friends of the care recipient. Unpaid caregivers often report symptoms of burnout — strained physical and mental health due to elevated stress and lack of support. This results in $264B annual cost in additional healthcare cost and lost productivity for the caregivers.
Not only will this partnership scale up the positive impact on the quality of life for unpaid caregivers and their care recipients, but it will also help drive clinical and financial ROI for the stakeholders in the Healthcare and Long Term Care industry.
Read the full press release here: https://lnkd.in/eQfFDWar