Thursday, May 24, 2007

Saving $69,423.60

$194.00

That's the national average cost per day of private nursing home care in America, according to the AARP.

That's $70,810 per year.

Consider, then, how many cost-justify the SimplyHome system, which tethers caregivers electronically to a family member with "always on" data.

The system costs $799, and the monthly cost is $48.95. Implementation of the system means "aging in place," a fancy way of saying that the elderly or disabled person its helping does NOT need to move into an institution, but rather can stay at Home, Sweet Home.

Annual cost is thus $799 + (12 x $48.95) = $1,386.40, or 2% of the cost of a nursing home for a year.

In Year 2, of course, it is just 12 x $48.95 = $587.40, or <1% of the cost of a nursing home for a year.

SimplyHome uses its own two-way radio network, so all sensor data in the home is communicated all the time, in real-time. And one or more caregivers are alerted as needed, one or more ways (email, cell phone text messaging, automated voice).

As we like to say-- It Takes a Family.

SimplyHome website