Showing posts with label Boomers. Show all posts
Showing posts with label Boomers. Show all posts

Wednesday, July 11, 2012

Aging Boomers' Mental Health Woes Will Swamp Health System: Report

TUESDAY, July 10 (HealthDay News) -- The United States faces an unprecedented number of aging baby boomers with mental health or substance use issues, a number so great it could overwhelm the existing health care system, a new report warned Tuesday.

"The report is sufficiently alarmist," said Dr. Gary Kennedy, director of geriatric psychiatry at Montefiore Medical Center in New York City. "I think [the report authors] are right."

Kennedy was not involved with the report, The Mental Health and Substance Use Workforce for Older Adults: In Whose Hands? It was mandated by Congress and issued by The Institute of Medicine in light of a "silver tsunami" of health care needs expected to accompany a senior population that will reach 72.1 million by 2030.

The "silver tsunami" is the result of simple supply-and-demand forces gone awry, the report authors explained.

Up to 8 million older Americans, or 20 percent of the current senior population, suffer from some form of mental health condition, often depression, at-risk drinking or dementia-related behavioral and psychiatric symptoms, according to the IOM report. (A basic diagnosis of Alzheimer's disease was excluded from the study.)

And 2 million seniors have severe mental illnesses, a number that is "greatly under-appreciated," said Dr. Peter Rabins, one of the authors of the report.

Also, as baby boomers age, studies indicate that their use of illicit drugs will continue.

"The reality is the Woodstock Generation has come of age," said Kennedy. "Their background is with psychedelic drugs, marijuana, recreational drugs, non-narcotics . . . It's a real problem."

Against these growing problems, meanwhile, the number of health providers and other service providers is shrinking in proportion. And that means, according to the report, that "a health care workforce that is not prepared to address either [mental health/substance use] problems or the special needs of an aging population is a compelling public health burden."

"The number of individuals with specialty training in both aging and either mental health or substance use issues is extremely small," said Rabins, who is a psychiatry professor at Johns Hopkins School of Medicine in Baltimore.

Nor are candidates rushing to fill the pipeline, Kennedy added, probably because of lower pay in geriatric specialties.

Each of these populations -- the elderly, and those with mental health and/or substance use issues -- require special care. But the two in combination represent a special challenge.

Older people metabolize both alcohol and drugs differently from younger people, putting them at risk for overdoses. According to one estimate, almost two-thirds of emergency room visits for adverse drug reactions in 2008 were by elderly people.

Also, elderly people -- particularly those with depression -- may be less able to adhere to complicated medication regimens for mental and physical ailments.

And medications to treat mental health issues may not react well with other medications needed to treat high blood pressure, diabetes and the host of other physical problems that become common as people age.

"The biggest challenge appears to be the fact that these problems rarely occur in isolation. Most [elderly] people who have mental health or substance use problems also have a physical health problem," said Rabin. "That's not true in younger age groups."

The report provides a number of recommendations for solutions, in what basically amounts to an overhaul of the health care system.

Key to handling the future explosion of seniors with mental health issues and/or substance use issues will be organizing a better health care workforce.

"We really need to be training the existing workforce, which interacts with both older people and mentally ill people, to have the skill set of the other group," said Rabins. "People with general mental health training, such as social workers, psychologists and psychiatrists, have very little training in treating the elderly. Those in the aging network have very little experience treating mental illness."

Better provisions, including funding, need to be made for training professionals to care for this population. This includes primary care providers, nurses and nursing-home assistants.

And Medicare/Medicaid reimbursement schedules need to be overhauled to make sure the services this population requires are covered.

The report also said the federal government should coordinate all the efforts that involve these two vulnerable populations.

In addition, Kennedy suggested that partial forgiveness of medical-school loans would "turn around the onward direction of trainees coming into the geriatric field."

More information

Visit the Institute of Medicine for more on the report.


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Tuesday, April 24, 2012

Baby Boomers Create Huge Opportunity for Home Health International

VERO BEACH, FL--(Marketwire -04/23/12)- Home Health International, Inc. (Pinksheets: HHII.PK - News) is well positioned to capitalize on the opportunity the baby boomers present for home health and care giving services. Seniors are now the fastest growing population in the U.S. According to estimates from AARP (American Association of Retired People), the first wave of the nation's 76 million baby boomers are reaching the age of 65 at the rate of about 7,000 per day. Naturally, this has created a demand for health services of all types, especially home health care services.

The number of consumers eligible to receive Medicare, and mostly likely to require home health care services, is projected to increase annually and is expected to comprise 19% of the population by 2030. In addition, the baby boomers prefer to receive home health care as opposed to hospital-based services whenever possible.

Home Health International in addition to offering home health care services, plans to launch a full suite of care giving services including light housekeeping, cooking and personal care. With the trend shift to personal fitness and wellness, the Company is also researching this sector to add to its portfolio of home care services. Industry experts agree that the baby boomers, with collective wealth of over $7 trillion, spend more on health care than their parents did and are willing to pay for services that improve their quality of life.

To learn more about Home Health International, please visit http://www.homehealthintl.com.

About Home Health International Inc.
Home Health International Inc. was incorporated in the State of Nevada on September 13, 2006. The Company was formerly known as Micro Mammoth Solutions, Inc. and operated as such until January 25, 2010. On January 26, 2010, the Board of Directors of the Company approved a Stock Purchase Agreement between the Company and all of the shareholders of Atlas Capital Partners, LLC. Following the acquisition of Atlas Capital Partners the shareholders approved an amendment to the Company's Articles of Incorporation changing the Company's name from Micro Mammoth Solutions, Inc. to Atlas Capital Holdings, Inc. The Company received shareholder and board approval to amend its Articles of Incorporation to change its name to Home Health International Inc. This change was approved by FINRA and became effective on March 26, 2012.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Home Health International Inc. undertakes no obligation to update such statements.


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