From provider to payer to patient, no one is happy with the choices available to them when they or a loved one comes to need long term care services. Pearl has created a marketplace that stabilizes a family's future buying behavior by empowering them to lock in future long term care costs & access while also reducing provider business volatility stemming from uncertainty of revenues & empowering long term care operators to forecast future occupancy.
Although 70% of those who reach the age of 65 will need some form of long term care, long term care providers continue to lose money--due to a fundamentally flawed assumption--families will spend their loved one’s life’s savings and assets for end-of-life care. Pearl LTC provides a much needed bridge between a family spending everything their loved one worked to build and the near-destitution required to qualify for Medicaid by offering families an opportunity to guarantee access and cost for long term care. The Pearl LTC model solves two major problems simultaneously: filling vacant units with those who need care and helping families afford that care for their loved ones.
Though it fluctuates by region, service and provider, the industry averages about 10% unoccupancy and market penetration for seniors 75+ year over year. Solutions, ranging from paid referral agencies to creative and expensive sales and marketing schemes have not solved the problem. Worse, the industry cannot consolidate, expand or address market demands without accepting high risk or debt. Exacerbating that problem, market demand is subject to the whims of the broader US economy and the mix and
range of reimbursements dictated by payor source, subjecting the LTC industry to volatility.
Pearl LTC believes the fundamental assumptions that are currently driving business decisions in this industry are flawed and has created a unique win-win strategy for consumers and providers alike. Pearl LTCTM has created a marketplace model and product that will ensure long term care access and affordability for families.
Who We Are
Moving from Uncertainty to Assurance
Pearl Long Term Care Solutions, Inc. disrupts the way families plan for and pay for future long term care costs by leveraging FinTech to create a platform for consumers to lock-in future long term care costs and access in real-time, thereby reducing provider business volatility stemming from uncertainty of consumers ability to pay future costs and empowering long term care operators to forecast future occupancy.