Companion Care, LLC is a two-member partnership consisting of an administrator and a licensed clinical social worker. The business is designed to provide remote geriatric care management services for seniors living at home. The market demand for services stems from the geographic, social, economic, and cultural challenges facing society in the United States. The market base for Companion Care is the aging baby boomer population living at home with a need to be connected to social and healthcare services. Companion Care, LLC will act as a concierge, advocate, and guide for the elderly to assess, monitor, and connect them to appropriate resources to maintain a high quality of life. Companion Care will differentiate itself with a focus on remote services and connectivity. Bilingual services will be offered in Chinese and English to gain access to the Chinese immigrant market. Start-up costs for the business is low. The most challenging issue for Companion Care, LLC is to build a large enough subscriber base to sustain the business model. Projecting the new subscriber growth rate to be 20 per month, the success or failure of the business model will be apparent by the end of the first year of operation.
|Commitee:||Gotz, Cindy, Sinay, Tony|
|School:||California State University, Long Beach|
|Department:||Health Care Administration|
|School Location:||United States -- California|
|Source:||MAI 81/3(E), Masters Abstracts International|
|Subjects:||Health care management|
|Keywords:||Care, Elder, Geriatric, Remote, Senior|
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