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Press Release

CAREGIVER SUPPORT INNOVATOR HOMETHRIVE PARTNERS WITH ELEMENT3 HEALTH TO HELP SOLVE SENIOR SOCIAL ISOLATION

By February 24, 2020 No Comments
  • Homethrive leverages Element3 Health’s nationwide network of activity clubs.
  • Element3 Health creates social connections for lonely or socially isolated seniors
  • Intervention helps Homethrive address U.S.’s $25.2 billion loss in productivity

DENVER, Colo.. (Feb. 25, 2020) – Element3 Health today announced that caregiver support company Homethrive will now leverage Element3 Health’s robust national network of activity clubs to help people who are aging in place build social and emotional connections and stay physically active.

Nearly 29% of American adults serve as unpaid caregivers to one or more family members, creating stress for the caregivers that results in lost productivity for those caregivers’ employers. The U.S. economy suffers an estimated $25.2 billion annually in lost productivity from adults serving as unpaid caregivers for aging families.

Meanwhile, research has found that social isolation carries a health risk equivalent of smoking 15 cigarettes a day. Element3 Health seeks to help older Americans live healthier lives by enabling the strong social bonds that influence physical, emotional and cognitive health. Healthier, happier older adults relieve the burden of care for the younger generation.

“Homethrive’s mission of providing caregivers with the tools they need to help elderly loved ones live healthier, more meaningful lives dovetails with Element3 Health’s mission of keeping people active, engaged and socially connected at all stages of life,” said Element3 Health CEO David Norris. “This partnership is rooted in shared understanding that social isolation and loneliness are key determinants of healthy, independent living.” 

A pilot of the partnership last year proved successful, when Element3 Health helped connect caregivers’ loved ones to engaging and fun activity groups. Moving forward, the partnership will include a deeper integration by leveraging Element3 Health’s activation specialists who will help people get settled into exciting and fun clubs.

Homethrive CEO David Greenberg, said the company is very excited to offer Element3 Health as part of its comprehensive package of support for caregivers. “After working with Element3 Health over the past 6 months and seeing firsthand how successfully their program works, we are very excited to include it as part of our solution for caregivers.”

About Homethrive

Homethrive provides non-medical care management and personal assistance services to help aging loved ones thrive at home with dignity and purpose. Homethrive matches each client and their family with one of its dedicated masters level social workers who begins by conducting a comprehensive evaluation of home safety, health, and well-being to inform a personalized care plan. The same social worker develops a trusted relationship with the senior and provides ongoing expert coaching to embrace healthy behaviors and identifies, recommends, and coordinates any necessary third party services to provide meals, transportation, home care, medication delivery or other essential offerings. To learn more, visit https://www.homethrive.com

About Element3 Health

Element3 Health is a unique Medicare Advantage benefit that helps attract and retain new members, while addressing social isolation & loneliness and reduced activity for Medicare Advantage members. This benefit is currently available to more than 5 million health plan members across the U.S. Element3 Health tackles the $75 billion of unnecessary healthcare spending associated with physical, social and cognitive decline. The company’s GroupWorks engagement platform supports the company’s robust network of social and activity clubs across more than 100 different types of passions nationwide. https://element3health.com

 

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Contact:
Mayrav Saar
Mayrav.Saar@element3health.com
+1.310.880.5276