Aging in place of choice isn’t just about patient preference—it’s about financial sustainability. With the right technology, we can reduce hospital readmissions, lower utilization rates, and improve care coordination while keeping costs under control. The Aging in Place of Choice project is defining the policy, reimbursement, and infrastructure frameworks needed to make this a reality. 

As the demand for home-based care grows, payors must find solutions that reduce costs while maintaining high-quality outcomes. Aging in Place of Choice is bringing together industry leaders to define the infrastructure, incentives, and reimbursement models for AgeTech adoption.

A recent report by the American Association of Retired Persons (AARP) and Consumer Technology Association (CTA) found that 89% of Americans aged 50 and older prioritize aging safely, independently, and comfortably at home, regardless of age, income, or ability. However, concerns about affordability, safety, healthcare, and cognitive decline pose significant challenges. 

Every day, over 10,000 Americans turn 65, and 95% of adults 55 and older hope to remain at home as they age. Yet, many homes aren’t designed for changing needs, leading to over three million ER visits annually due to falls. Nearly one-third of older adults have cognitive impairment, and over 37 million unpaid caregivers face increasing stress.