Caring for caregivers
A large share of Americans (reports range from 20% to 43%) are unpaid caregivers for family, friends, or loved ones. The caregivers who comprise this “invisible backbone” of healthcare carry a heavy toll, including disproportionate physical, mental, and financial health challenges. In response, new offerings from enterprises and startups are hoping to meet the massive needs of the care economy. Last week, Homethrive raised $20M for its caregiving platform that mixes self-service caregiving support with advice from experts. And the past few months saw senior care startup and Rock Health port co Honor launch Honor Expert, a service for seniors and their caregivers to connect with specialists and access educational resources; Walmart partner with BetterUp to roll out an offering to support caregivers; plus ianacare land $12M for its tech-enabled caregiver support programs.
We hope these investments continue to elevate caregivers as stakeholders in healthcare delivery and innovation—particularly as they play a linchpin role in emerging models for health in the home.
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