Problem:
Hi Victoria, The silver tsunami as it is coined, is a genuine concept. The silver tsunami is a concept that explains the aging of a certain segment of the population. This trend impacts not only the healthcare industry and services but also the United States workforce. One of the biggest megatrends impacting the world today is population aging. It is estimated that by 2030, for the first time in history, the number of older people will outnumber the number of children younger than 5 years of age. As you have stated this is in part due to people living longer because of modern medical technology and advances in medicine. "Census Bureau data also estimates that one in every five Americans will be retirement age by that year. And beyond that, come 2035 some 78 million people will be over 65, while 76.7 million will be 18 or younger." That means it's imperative for healthcare organizations, from solo practitioners to big practices, hospitals, health systems, and insurance companies to start preparing now for what will inevitably be a transformative demographic shift. For providers, this transition could be difficult. As far as healthcare services, not funding, how do you think providers should