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The dementia care industry is experiencing significant growth driven by an aging population and increasing prevalence of neurological conditions. It is shifting towards value-based care models, focusing on holistic, integrated solutions that reduce costs and improve patient outcomes. Technology plays a crucial role in enabling virtual care and data-driven interventions. The industry faces challenges related to fragmented care and high costs.
Total Assets Under Management (AUM)
Dementia Care Market Size in United States
~312.4 billion USD
(10.4% CAGR)
- Driven by increasing prevalence of Alzheimer's and other dementias.
- Growing geriatric population.
- Advancements in diagnosis and treatment.
312.4 billion USD
AI and machine learning can analyze vast datasets to identify early dementia markers, predict disease progression, and personalize care plans, improving early intervention and resource allocation.
Wearable devices and in-home sensors can continuously monitor vital signs, activity patterns, and behavioral changes, enabling proactive intervention and reducing the need for costly emergency visits.
VR/AR can provide immersive therapeutic environments for cognitive stimulation, memory recall, and anxiety reduction, offering engaging and scalable non-pharmacological interventions.
The GUIDE Model, launched by the Centers for Medicare & Medicaid Services (CMS) Innovation Center in July 2023, aims to improve dementia care by supporting care coordination, caregiver support, and access to services for Medicare beneficiaries with dementia. It provides a monthly per-beneficiary payment to participating organizations (dementia care programs) for comprehensive care management.
This policy directly benefits Rippl by providing a structured payment model and framework for delivering their comprehensive dementia care services, aligning with their value-based care approach and allowing them to expand their program reach.
While not exclusively for dementia, the Bipartisan Infrastructure Law (2021) included significant investments in broadband infrastructure expansion, which supports the broader adoption of telehealth and digital health technologies across the U.S.
Increased broadband access facilitated by this law enhances the reach and effectiveness of Rippl's virtual care model, particularly in underserved and rural areas, by improving connectivity for patients and caregivers.
This Centers for Medicare & Medicaid Services (CMS) rule, finalized in 2020, requires healthcare providers and payers to share patient health information electronically, promoting interoperability and giving patients greater access to their health data.
This policy supports Rippl's data-driven approach by facilitating seamless exchange of patient information with payors and other providers, which is crucial for their comprehensive care coordination and risk-bearing model.
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