A Heartfelt Thank You to Our Healthcare Innovators: Pioneering the Future Together

2024 marked the official launch of NJII Healthcare’s Aging Collaborative, a new initiative that aims to build the future of the senior living industry and rethink service delivery for the aging population. The Aging Collaborative brings together individuals and organizations from across the aging/senior care ecosystem including senior care facilities, researchers, tech start-ups, foundations, nonprofits, provider associations, and others to share best practices, identify and implement tech solutions as a cohort, and participate in training critical for tech implementation and integration. 

As we end the year, we’d like to take a moment to express our gratitude to the 4 long-term care providers with whom we’ve partnered over the past 18 months to bring the Aging Collaborative to life. These “provider innovators” have shaped the services and products that the Aging Collaborative will offer in 2025 with their decades of experience in leveraging technology across their organizations to enhance the patient/resident experience, recruit and retain staff, and reduce cost.  

Looking ahead to 2025 

As the needs of the aging community rapidly shift requiring a new vision and model of success, we asked providers what’s top of mind as we head into 2025.  

Life Enriching Communities intends to maximize the use of our existing technology and applications. This approach will enhance our business efficiency and improve the care we provide to our residents. We will continue to invest in our advanced technology infrastructure, strategically implement AI tools, and expand the use of a LiDAR-based, algorithm driven, risk analytics platform in our AL and IL units to monitor the health and well-being of our residents, ensuring they maintain their optimal level of living while minimizing liability. – Mark Mountel, Life Enriching Communities 

Digital Transformation is a culture change in senior living. We need to invest in tools and education of the workforce to bring closer GenAI, Robotic Process Automation, and Visualization. A foundational start to prepare for subsequent meaningful AI modeling is establishing data governance and application rationalization, removing repetitive and manual processes, and building integrations, with the goal of leveraging data to create smart decision systems for enhanced productivity. – Dusanka Delovska-Trajkova, Ingleside  

The explosion of AI powered apps and systems will have a direct impact on the quality of life / quality of care and staff satisfaction in 2025. As over 10K individuals turn 65+ in the coming year, LTPAC organizations are ready for to serve them where and when their needs take them. – David Finkelstein, RiverSpring Living  

As we move into 2025, our focus at the New Jersey Innovation Institute will be on leveraging cutting-edge technology, particularly artificial intelligence and predictive analytics, along with strategic partnerships to revolutionize healthcare delivery. Our goal is to enhance patient care through innovative AI-driven solutions, streamline data management with data fabric solutions, and drive sustainable growth. Additionally, we are committed to comprehensive staff training to ensure our team is equipped to maximize these advancements. By aligning our operational strategies with our mission, we aim to set new standards in healthcare innovation and make a significant impact across industry. – Jennifer D’Angelo. 

The senior care industry is on the precipice of a major shift and the stakes have never been higher. With older adults set to make up 23% of the population by 2054, rising medical acuity, and increased demand for enhanced amenities, senior care and skilled nursing facilities must recalibrate strategy, adopt and invest in innovative technology solutions, and partner with community-based actors across the healthcare ecosystem (e.g. acute care, home health). Doing so will enable the industry to deliver top-notch resident experience and improve patient outcomes.