According to the ONC, the U.S. Government predicts the population of those age 65 and older will more than double from 40 million (13%) of the total U.S. population today, to 89 million in the relative near term future. During the same period, those persons age 85 and over are expected to triple to just under 20 million people and those over 90 will quadruple.
The Baby Boomers (those born between 1946 and 1964) began turning 70 in January 2016, and the number of older people will spike dramatically through 2030 period.
The United States is fairly young for a developed country, with approximately 14 percent of its population age 65 and over. Currently, the seniors population makes up 27% of the Japanese population. In Japan, their Census equivalent shows a trajectory to more than 40% seniors by mid century! In most of the western European countries, the percentage of total population is closer to 20%.
In the United States alone, the population over 75 is growing at a rate of 400,000 people per year and is expected to climb to 1,000,000 per year as the decade approaches when boomers hit 75.
Today, before this drastic escalation in elderly population, 53% of the Nation’s health care dollars are expended on 5% of the population, the frail elderly. Most of the waste in seniors healthcare takes place in the “transitions of care,” when elderly patients are moved into and out of the hospital system, into SNF's and other temporary facilities. Transcensus™ connects seniors to the continuum of care in a way that improves their quality of life and dramatically lowers healthcare costs to the system.
"To shepherd assisted living communities across the healthcare divide
by connecting the continuum of care to the resident in the community."