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18 February 2018 13:1

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De-institutionalisation – how to make money with a Telecare System?

Support for elderly and disabled people is a huge responsible which rests on families. Unfortunately, this problem is very often transferred on to local communities. This is mainly due to the migration of the young generation to large urban centres as well as abroad. Seniors faced with this reality often find themselves lost and counting on help from relatives is usually ineffective. For this reason, there is a greater need for support from social assistance centres.

Budget constraints are the biggest problems which seriously hinder the spread of access to social services.  In conjunction with the constant and regular increase in the average age of the countries’ population, we are faced with having to deal with this ever growing problem. It should also be pointed out that almost 3 million young Poles have emigrated, however most of them are still included in official statistics. Due to this, the actual age of fellow countrymen who live within the borders of our country is even higher.

Investments in nursing homes require considerable financial outlays and significant organisational effort, which means that the offer of 24-hour support for the elderly is limited. In addition, it is the most expensive and traumatic proposal for those under their care.

Alternatives in the form of day-care centres are much more common, more easily available are financially affordable. However, this is an offer which is not always readily available. In addition, a serious problem associated with this offer’s accessibility is the need to move the senior from their home. This is something that is not always possible.

Hence, the Telecare offer typically comes with support which is directly made available at the elderly person’s place of residence, which is practical, convenient and can be commonly accepted.

From the point of view of the state, the greatest advantage of this form of support can be described in one word – de-institutionalisation.

DE-INSTITUTIONALISATION is a salvation to state institutions.

Looking at Social Welfare institutions, Telecare can be a proposal which combines the advantages of fulfilling a social mission as well as a highly economical business venture. While maintaining sound and healthy business principals, supporting elderly or disabled people with a distributed form of remote care is a very cost-effective investment.

The uniqueness of the TELECARE project is exceptionally attractive due to the strong support provided within the framework of EU projects.

The design of contests most often advertised in the field of Regional Operational Programs is extremely beneficial.

The level of funding provided for projects related to social services, including Telecare, exceeds 90%

From the investor’s point of view, the equipment, software and implementation support can be included in the EU project. Assistance as well as care services are also subsidised, which clearly helps in reducing the cost of caregivers, which works to the benefit of seniors. The elements which contribute to the price list can add up to a high amount due to patients having many different needs. Some of which are meals, shopping, cleaning, repair of equipment, replacement of bulbs, doctor’s appointments, telemedicine, pet care, gardening, nursing, arranging small family gatherings as well as many more. Each of these proposals can be valued and sold.

By building a full and proper pricing of services related to Telecare a profitability yields of 20 to 30% can be obtained.

We invite you to consult with us. We will show you how to do it.