FNC Blog

Robots in Retirement Homes

Are you ready for technology advancements that supplement existing staff as well as mitigate staffing shortages?

September, 2022

Robots in Retirement Homes

FiberNet Capital’s materials often discuss technology advancements for residents within senior living facilities as a top reason to invest in our Smart Fiber infrastructure solutions. On the other side of the coin, Milo Pinkerton, CEO of Heritage Senior Living, discusses technology advancements for staffing, specifically robots and other automation that supplement existing staff as well as mitigate staffing shortages.

The industry as a whole has seen several years of staffing problems, especially in rural facilities. FNC fully expects our clients will be standing up new networks for these types of tools. Creating private SSIDs with existing copper-based Wifi access points is not going to suffice. Justifying the ROI for a newly installed network with the cost of opening walls, patching and painting is difficult for any new technical need. This is exactly the reason why FNC is so bullish about software-driven, multi-purpose fiber infrastructures; we easily layer in new technology networks as part of our Network as a Service business model. 

Give us a call for more information about your next Infrastructure project at 312-242-1605 or email to mike.duffy@fibernetcapital.com

Original News Source

Heritage Senior Living CEO Milo Pinkerton quoted from “Transform” podcast by Senior Housing News about robots and tech in senior living

"I do think that technology is here to stay. At Heritage, we’re looking abroad at how robots are being brought in to areas that are struggling with staffing issues more than we are in the U.S. — places like Japan and Switzerland to see how robots can be deployed more. For example, in Israel, they’re already using robots to do a lot of the things that staff used to do."

"The robots that I’m seeing are identifying health risks earlier. And other technology tools like cameras and sonar in the rooms can identify fall risk, or a risk that maybe is not even visible or known, particularly in our memory care areas. Memory care residents don’t tell us what’s wrong. So if we can see this, we might be able to identify fall risk or restroom use patterns to identify a possible urinary tract infection that might not show up otherwise."

"I think it’s a game-changer that’s going to really bring a lot of tools to our properties that will make our residents safer and avoid emergency admissions in hospitals, as well as avoid delays in treating things that we would not otherwise have known."

- https://seniorhousingnews.com/2022/07/14/heritage-ceo-shifts-focus-to-margin-as-occupancy-approaches-pre-pandemic-levels/

About FiberNetCapital

FNC is a managed service infrastructure company that operates a Network as a Service (NaaS) business. FNC’s NaaS business model is built to:

  • Deploy a robust infrastructure to optimize the end-user network services
  • Finance the infrastructure and network applications
  • Manage and support the infrastructure and network applications 

The complexity and speed at which technology is advancing requires new financial thinking that mitigates capital risk while still allowing for proper technology investment. FNC shifts infrequent, independent capital investments to standard monthly operating expenses via an operating lease. FNC’s holistic approach provides a base ROI and builds on that return over the life of the contractual period. Property owners mitigate their capital expenditures, technology obsolescence and operating risk while creating a superior digital ecosystem within their properties. FNC recuperates their investment with a recurring, monthly fee tied to a 10-year operating lease and service agreement. 

FNC’s NaaS begins by deploying a Fiber-to-the-Edge, Software-Driven, Multi-Purpose Infrastructure. This “Smart-Fiber" Infrastructure supports all the end-user network services as well as additional applications and systems that FNC will continue to introduce. In this way, FNC creates a dynamic asset and manages this infrastructure for current and future demands.

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