Renewed Independence is related to the healthcare industry by providing people the tools they need to keep safe and healthy lifestyles at home, with medical equipment. The type of healthcare that focuses on medical equipment is growing in demand based on the growing number of elderly and disabled people in the United States. Renewed Independence would assess the customer’s specific needs and establish what type of equipment they would need for their home to allow them to stay. After the assessment of the customers’ needs and what changes need to be made to accommodate those needs, Renewed Independence would then implement the equipment and assist the customer with how to use everything properly.
The spreadsheet (spreadsheet …show more content…
When it comes to healthcare there is always some type of cost and home healthcare solutions are usually costly. The below map shows on the Y axis the customer benefits and if they are high or low based on what the company offers. A benefit can be that the customer can stay in their home longer and not have to move to a place they are not comfortable. Another high customer benefit would be that they have the tools that they need to make their life easier and allows for them to experience more independence.
The X axis shows the cost factors associated with the businesses that the customers would be dealing with. There are many high costs that come with people who are gaining and disabled, they need special equipment, special care, and constantly changing needs. In some cases, people, may end up spending a lot of money to get the care they need, or they can save money by incorporating less costly equipment that will allow them to live at home …show more content…
Renewed Independence can make it easier and safer for people with specific needs to stay in their home longer with some small and not so small home adjustments. Per the website. Disability.gov, there is “information from AARP about home modifications and how they can increase accessibility and safety for older adults 65 yrs and older, so they can stay in their homes.” Disability.gov addresses common home modifications needed for older adults and how to get assistance to pay for them. Based on this information Renewed Independence can help people find ways to pay for the services the company offers and services provided could be of little to no cost to the client based on government and insurance benefits.
Currently there are no direct competitors to Renewed Independence and the closest competitors only offer a fraction of what Renewed Independence offers clients. With the low cost associated with running the company, this would be a benefit to customers and the business. Along with the service of helping people find ways to pay for the new equipment, this also puts customers minds at ease about affording the