New case study proves Public Private Partnerships in the Aging Sector work!
Case study on the Nymbl and DRCOG partnership provides a roadmap into the longevity market for companies looking to succeed in the aging space
In the spring of 2021, a Public Private Partnership (PPP) was formed between the Denver Regional Council of Governments (DRCOG) and Nymbl Science. DRCOG is responsible for oversight of the Area Agency on Aging (AAA) for five counties in the Denver area. Nymbl Science is a digital evidence-based health solution that offers strength and balance programs, including fall prevention for older adults. The initial partnership ran from February 21st to June 30th, 2021, and has since been extended to December 31st, 2021. The information in this report is from the data collected during the initial part of the collaboration.
The newly formed partnership between a government agency and the private sector is a rare example of a digital health collaboration in the longevity market in Colorado. For this reason, Nymbl prepared the following information about its learnings in a case study called, Public Private Partnerships in the Aging Sector.* The hope is that potential PPPs can benefit from Nymbl's experience and use it as a roadmap to developing partnerships that can positively impact the lives of older adults across the state and beyond.
Colorado can Meet Growing Workforce Demands by Keeping Older Adults in the Job Market
Stimulus funding provides a rare opportunity for the state to help employers ensure jobs are filled with a skilled workforce.
Colorado can capitalize on the state’s rapidly changing demographics by supporting employers that embrace all talent regardless of age. Designing work and jobs that attract all generations, including mature workers will benefit a company's bottom line and grow the economy.
For example, Singapore’s WorkPro Program offers a number of features that Colorado should consider adopting.
Recommended Resources
AgeWise Colorado is a new nonprofit that connects older Coloradans to vetted products and services to help them safely and comfortably stay in their homes. The organization's website, AgeWiseColorado.org offers a free, easy-to-use hub designed to provide information and resources for all things related to aging in place.
Newsletters & Podcasts: Stay on top of the latest news, reports, and information coming out of the longevity economy with these recommended newsletters and podcasts from across Colorado and the nation.
NEWS: TOP PICKS
STATE
Growing number of older adults can’t afford to live in Colorado | Greeley Tribune
In midsummer, Census data showed Colorado as No. 1 state for housing instability among people older than 65. This is part of a housing crisis across the state that was made worse by the pandemic, and data from the U.S. Census Bureau’s weekly household survey shows housing instability is especially pronounced among older adults.
Silver Key & AARP empowers low-income older adults to age in place | Press Release
Silver Key Senior Services recently announced it has joined AARP Foundation Property Tax-Aide to help low- and moderate-income older adults get money back on their homes by helping Colorado Springs residents navigate the often-complex process of applying for property tax refunds or credits.
Southern Colorado dementia advocate appointed to Colorado Commission for first responders | The Pueblo Chieftain
The Southern and Western Colorado regional director for the Alzheimer's Association, Debra Antista-Bianchi, is part of a statewide commission dedicated to improving first responder's interactions with people with disabilities after Colorado Attorney General Phil Weiser appointed her this month.
Aging in place can be challenging in Routt County | Steamboat Pilot & Today
Choices for affordable or attainable housing for seniors hoping to live the rest of their lives in Routt County are become increasingly limited. Experts note that safe and sufficient housing plays an important role as a social determinant of good health.
NATIONAL
Rising alcohol use among older adults | Harvard Health Publishing
Alcohol use in older adults has been trending upward over the years, particularly among women. One epidemiologic survey determined that in the United States between 2001 and 2013, among people 65 and older, the rate of alcohol use disorder increased 107%.
Employers focus on wellness of workers caring for elderly relatives | McKnight’s Senior Living
A new survey finds that, increasingly, employers are trying to see to the physical and mental wellness of their workers. Seventy-eight percent of companies surveyed said they have expanded their benefits packages to include more leave benefits to employers caring for children or adult family members at home, diversified telemedicine options and more accessible mental health resources.
Elder-friendly technology is a growing market | Vox
As boomers age, a new crop of iPads and Alexas are popping up. Are they necessary? Assistive tech might be a social good, but it isn’t a public good, and there’s a reason capital firms are trying to get in on the ground floor.
How does U.S. life expectancy compare to other countries? | Health System Tracker
The COVID-19 pandemic has increased mortality and premature death rates in the U.S. by more than it did in most peer countries. Based on provisional estimates of life expectancy in 2020, the pandemic may have increased the gap in life expectancy between the U.S. and peer countries.