Explore Top Senior Care Business Ideas, Monetization Strategies & App Development

Seniors and their families struggle a lot when it comes to selecting an LTC home or nursing home for a comfortable and safe stay.

They depend heavily on the reviews they find on Google. They can’t even compare multiple LTC homes effectively.

A marketplace for LTC homes eliminates all such challenges for seniors and their families.

Using a marketplace mobile or web app, users can search all nearby LTC homes. They can apply filters to find only those LTC homes that meet their needs.

For example, Care.com offers a similar service for finding caregivers and care services. It allows users to search for and compare different care providers based on their needs, preferences, and reviews.

A marketplace app for LTC homes would function in a similar way, providing a streamlined and user-friendly experience for finding the right care options.

Seniors have unique health and wellness needs that not every eCommerce store addresses.

Many stores don’t offer the specific products seniors need or find helpful.

Creating a senior-specific healthcare eCommerce store allows you to focus solely on seniors, making it easier to deliver products that truly add value.

For example, you can sell hearing aids, bath chairs, sanitary bidets, fall prevention items, bed alarms, and nutrition snacks—everything seniors need to improve their day-to-day life.

A great example of this model is Senior.com, which focuses on providing medical supplies and health products specifically for seniors.

You could also offer subscription plans where seniors get monthly deliveries of their essentials

Seniors are more vulnerable to health risks, so constant monitoring is crucial.

Their vital signs can change quickly, and if not caught in time, things can escalate.

Remote patient monitoring helps caregivers track seniors’ vital signs from a distance.

It sends alerts if something abnormal happens, giving the care team time to act before things get worse.

An example of this is CarePredict, a system that tracks seniors’ activity and health in real-time, notifying caregivers of any unusual changes.

Remote monitoring like this makes senior care safer and more efficient.

LTC home staff often spend too much time on manual administrative tasks like paperwork and spreadsheets.

This, combined with healthcare staff shortages, leaves less time for direct senior care.

An RPA (Robotic Process Automation) solution can handle repetitive tasks like data entry, freeing up staff to focus on senior care.

Automation is faster, more accurate, and reduces the burden on staff.

For example, SyS Creations offers automated solutions for LTC homes, helping manage tasks like scheduling and patient documentation.

With low competition in this area, your automation solution could easily become a top choice for LTC homes.

Seniors living at home often need caregivers for daily tasks, but finding trustworthy help, especially on short notice, can be tough.

Families typically rely on agencies, which may not offer flexibility.

A care marketplace allows seniors and families to directly connect with caregivers, hire them on-demand, compare options, read reviews, and chat with caregivers before making a decision.

An example of this is CareLinx, which offers an app where families can easily find and hire caregivers based on their needs, making senior care more accessible and personalized.

There is an unprecedented healthcare staff shortage across Canada and the USA.

With many nurses and providers preferring to work part-time, the labor shortage has become worse during the pandemic time.

You can aid the LTC homes and nursing homes in hiring staff on short notice by building an on-demand healthcare staffing app.

Using such an app, LTC homes can explore profiles of all listed nurses & providers and approach them for a quick hiring process for either a single-day job or a long-term job.

BookJane is the best example of an on-demand healthcare staffing app in Canada.

Modern caregiving is challenging.

Family members who take care of other elderly or ill family members find it extremely challenging to look after the patients professionally.

Because caregiving is not only about looking after someone physically.

It is also about engaging patients mentally and healing them from within.

And thus, it requires professional training and knowledge.

With a caregiver education platform, you can empower all individuals with a platform that makes them aware of different types of caregiving, how to deal with different situations, some professional first-aid training, etc.