GrandCare CEO, Laura Mitchell, will speak on Parks Associates’ CONNECTIONS Summit panel: “Profitability in the Connected Home” at CES 2025. This session addresses the business models and revenue streams driving profitability in the connected home market.
Profitability in the Connected Home
In the session, Laura Mitchell, Elizabeth Parks of Parks Associates, Jacob Alamat of Silicon Labs, Travis Hockersmith of VIZIO, Melissa Andresko of Lutron Electronics, and Agnes Lorenz of Zooz will discuss consumer trends, subscription services, and monetization strategies.
Profitability in the Connected Home
Date: Tuesday, January 7, 2025
Time: 10:00 AM PT
Location: Venetian Hotel, Level 4, Lando 4304
About CONNECTIONS Summit 2025
The 19th annual CONNECTIONS Summit at CES will be held at the Venetian Hotel, on Level 4, Lando 4304, in Las Vegas on January 7.
CONNECTIONS Summit is an annual event hosted by international research firm Parks Associates at CES in Las Vegas focusing on new trends, emerging technology and standards, new business models, and partnerships impacting the connected home.
Attending CES 2025 and want to attend this session? Click here.
Follow #CONNSummit25 and #CES25 on social media for the latest about this event!
https://www.grandcare.com/wp-content/uploads/2024/12/connections-summit-2025.jpg350693info@lmcllc.ushttps://www.grandcare.com/wp-content/uploads/2021/05/grandcare-logo-300x138.pnginfo@lmcllc.us2024-12-27 14:07:462024-12-27 14:07:46Profitability in the Connected Home: A CONNECTIONS Summit Panel at CES 2025
The Warren County Board of Developmental Disabilities (WCBDD) in Ohio hosts an annual technology showcase in December. It will feature a range of remote support providers, assistive technology vendors, and device companies. GrandCare is delighted to be presenting again this year at this educational event.
The event takes place via Zoom from 8:30am–3:00pm ET on December 10, 2024. Scott Feldstein, director of US sales at GrandCare, will be introducing the GrandCare platform on Tuesday, Dec 10 at 10:45am ET / 7:45am PT.
What is GrandCare?
GrandCare is a remote monitoring and remote support platform that helps people with disabilities live more independently. It can automate ADL and med reminders, provide video instruction, connect to remote support teams via secure video calls, and be customized to suit the needs and interests of the person using it. GrandCare is also a fully featured telehealth platform that helps people with biometric readings including blood pressure, glucose, temperature, weight and oxygenation. All of these features, and others, can allow people to replace many of their in-person support hours with remote support services. And even those who still require 24/7 support can benefit from increased independence.
If your organization is like most other disability support agencies, staffing is a problem. For some, being fully staffed again seems out of reach. But what if you could support more people with only the staff you already have? What if you could do it while promoting the independence of the people you serve? GrandCare technology makes both of these things possible.
GrandCare is a remote monitoring and remote support platform that helps people with disabilities live more independently. It is a touchscreen-based platform with automated medication and ADL prompts, video instruction, and one-touch video calls to your remote support team. GrandCare also uses motion and door sensors to alert remote support that someone might need assistance. It is a fully-featured telehealth platform so people can better manage their chronic health conditions. And GrandCare also has engaging games and entertainment that is customizable to suit everyone’s taste and interests.
Who can benefit from GrandCare Systems?
Almost everyone can use GrandCare for increased independence and improved quality of life. The touchscreen offers self-supporting prompts, entertainment, and communication. Some individuals may transition to remote supports using GrandCare activity and health sensors. Your staff will benefit at point-of-care and while remotely supporting clients.
Benefits for GrandCare users
Remote Supports: People who can have some or all support shifted to remote support services.
Daily task/schedule reminders
Instructional “how-to” videos
One touch call to staff
Video calls with family/friends
Online access without the risk
Games, music and more
Lifestyle Enhancement: People with hands-on care who can use touchscreens for improved quality of life and connection.
Daily task/schedule reminders
Video calls with family/friends
Games & favorite pictures
Online access without the risk
Games, music + more
Support Your Staff: Onsite and remote support staff will be more efficient while reducing caregiver burnout.
Seamless transition between onsite & remote care
Remote check-ins with secure video chat
Ensure all services are rendered
Manage alerts
How do I use the technology?
GrandCare helps individuals to support themselves while enabling providers to offer remote supports and video chat check-ins.
One Ohio-based GrandCare customer went from a 6:1 staff to individual ratio to 21:1 using GrandCare technology and remote supports (see Xavier University study.)
In the below scenario, it takes 8.3 caregivers to provide traditional in-person care to 50 people. Shifting to a remote supports model only requires 2.4 caregivers to serve these same 50 people which saves 4,248 support hours and $84,960 per month*. PLUS, you have freed up 5.9 caregivers to take on new referrals and help those who require in-person support.
Traditional v.s. remote supports model
Traditional Support Model
50 people served
8.3 staff x 24 hours x 30 days
5,976 in-person support hours per month
Remote Supports Model
50 people served
2.4 staff x 24 hrs 30 days
1,728 remote support hours per month
COST SAVINGS: $84,960 per month (These results are based on the above cited Xavier Study results. Your results may differ.)
Many of your clients may need occasional help in the overnight hours, but maybe not every single night and it certainly isn’t necessarily all night. Having a staff member on site for an eight hour shift every single night is a very costly and inefficient way to solve for this kind of need. With GrandCare, you can mitigate costs, leverage your team, and better serve your clients.
What to know more about how we can help your organization? Contact us to set up a free consultation.
*Disclaimer: This information is for demonstration purposes and may not reflect the actual experience of each unique organization.
https://www.grandcare.com/wp-content/uploads/2024/12/Proven-ROI-Lower-Staffing-Costs-for-Disability-ServiceProviders.jpg13331999info@lmcllc.ushttps://www.grandcare.com/wp-content/uploads/2021/05/grandcare-logo-300x138.pnginfo@lmcllc.us2024-12-02 10:00:382024-12-19 11:21:15Proven ROI – Lower Staffing Costs for Disability Service Providers
Profitability in the Connected Home: A CONNECTIONS Summit Panel at CES 2025
GrandCare CEO, Laura Mitchell, will speak on Parks Associates’ CONNECTIONS Summit panel: “Profitability in the Connected Home” at CES 2025. This session addresses the business models and revenue streams driving profitability in the connected home market.
Profitability in the Connected Home
In the session, Laura Mitchell, Elizabeth Parks of Parks Associates, Jacob Alamat of Silicon Labs, Travis Hockersmith of VIZIO, Melissa Andresko of Lutron Electronics, and Agnes Lorenz of Zooz will discuss consumer trends, subscription services, and monetization strategies.
Profitability in the Connected Home
Date: Tuesday, January 7, 2025
Time: 10:00 AM PT
Location: Venetian Hotel, Level 4, Lando 4304
About CONNECTIONS Summit 2025
The 19th annual CONNECTIONS Summit at CES will be held at the Venetian Hotel, on Level 4, Lando 4304, in Las Vegas on January 7.
CONNECTIONS Summit is an annual event hosted by international research firm Parks Associates at CES in Las Vegas focusing on new trends, emerging technology and standards, new business models, and partnerships impacting the connected home.
Attending CES 2025 and want to attend this session? Click here.
Need to register for CES 2025? Register here.
Follow #CONNSummit25 and #CES25 on social media for the latest about this event!
WCBDD Virtual Technology Showcase December 10th
The Warren County Board of Developmental Disabilities (WCBDD) in Ohio hosts an annual technology showcase in December. It will feature a range of remote support providers, assistive technology vendors, and device companies. GrandCare is delighted to be presenting again this year at this educational event.
The event takes place via Zoom from 8:30am–3:00pm ET on December 10, 2024. Scott Feldstein, director of US sales at GrandCare, will be introducing the GrandCare platform on Tuesday, Dec 10 at 10:45am ET / 7:45am PT.
What is GrandCare?
GrandCare is a remote monitoring and remote support platform that helps people with disabilities live more independently. It can automate ADL and med reminders, provide video instruction, connect to remote support teams via secure video calls, and be customized to suit the needs and interests of the person using it. GrandCare is also a fully featured telehealth platform that helps people with biometric readings including blood pressure, glucose, temperature, weight and oxygenation. All of these features, and others, can allow people to replace many of their in-person support hours with remote support services. And even those who still require 24/7 support can benefit from increased independence.
How to Attend the Virtual Technology Showcase
You can join the virtual presentation via Zoom. To RSVP, visit: https://us06web.zoom.us/meeting/register/tZcld-Csrj0iEtFh41GgXT1Dy-IOgRxz5qSt#/registration
Proven ROI – Lower Staffing Costs for Disability Service Providers
If your organization is like most other disability support agencies, staffing is a problem. For some, being fully staffed again seems out of reach. But what if you could support more people with only the staff you already have? What if you could do it while promoting the independence of the people you serve? GrandCare technology makes both of these things possible.
GrandCare is a remote monitoring and remote support platform that helps people with disabilities live more independently. It is a touchscreen-based platform with automated medication and ADL prompts, video instruction, and one-touch video calls to your remote support team. GrandCare also uses motion and door sensors to alert remote support that someone might need assistance. It is a fully-featured telehealth platform so people can better manage their chronic health conditions. And GrandCare also has engaging games and entertainment that is customizable to suit everyone’s taste and interests.
Who can benefit from GrandCare Systems?
Almost everyone can use GrandCare for increased independence and improved quality of life. The touchscreen offers self-supporting prompts, entertainment, and communication. Some individuals may transition to remote supports using GrandCare activity and health sensors. Your staff will benefit at point-of-care and while remotely supporting clients.
Benefits for GrandCare users
Remote Supports: People who can have some or all support shifted to remote support services.
Lifestyle Enhancement: People with hands-on care who can use touchscreens for improved quality of life and connection.
Support Your Staff: Onsite and remote support staff will be more efficient while reducing caregiver burnout.
How do I use the technology?
GrandCare helps individuals to support themselves while enabling providers to offer remote supports and video chat check-ins.
One Ohio-based GrandCare customer went from a 6:1 staff to individual ratio to 21:1 using GrandCare technology and remote supports (see Xavier University study.)
In the below scenario, it takes 8.3 caregivers to provide traditional in-person care to 50 people. Shifting to a remote supports model only requires 2.4 caregivers to serve these same 50 people which saves 4,248 support hours and $84,960 per month*. PLUS, you have freed up 5.9 caregivers to take on new referrals and help those who require in-person support.
Traditional v.s. remote supports model
Traditional Support Model
Remote Supports Model
Many of your clients may need occasional help in the overnight hours, but maybe not every single night and it certainly isn’t necessarily all night. Having a staff member on site for an eight hour shift every single night is a very costly and inefficient way to solve for this kind of need. With GrandCare, you can mitigate costs, leverage your team, and better serve your clients.
What to know more about how we can help your organization? Contact us to set up a free consultation.
*Disclaimer: This information is for demonstration purposes and may not reflect the actual experience of each unique organization.