Healthcare: How Online Platforms Are Disrupting The $335 Billion Caregivers Market

Industry Focus

The Motley Fool

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4.6 • 854 Ratings

🗓️ 28 August 2019

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Looking for a caregiver for a parent or child? You're not alone. Americans spend over $335 billion every year on care for people, homes, and pets. Unfortunately, finding the right caregiver is getting harder because of aging America and lower unemployment. To make it easier, both public and private companies are disrupting the process with online platforms that simplify finding, paying, and providing care. Are these matchmakers a good investment? Stocks: CRCM

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Transcript

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0:00.0	This episode of Industry Focus is supported by NetSuite, the business management software
0:04.8	that handles every aspect of your business in an easy-to-use cloud platform.
0:10.4	Download their free guide seven key strategies to grow your profits today at
0:15.0	NetSuite.com slash full.
0:18.0	Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every single day.
0:26.0	Today is Wednesday, August the 28th, and we're talking health care.
0:30.0	I'm your host Shannon Jones, and I am joined via Skype by health care guru and world
0:35.6	traveler Todd Campbell. Todd welcome back how was a trip? It was it was great
0:41.7	actually I have a value tip for all of our listeners out there.
0:46.0	Give it to us. Are you ready? Okay, so if you're thinking about traveling and you're thinking about
0:51.4	traveling to Europe, please put Prague on your
0:55.1	short list of places to go and the reason I say it's a value tip, $1, 1 U.S.
1:01.3	dollars buys 23 of the check currency, and I tell you I was there with a family of four.
1:06.8	We had to work really, really hard to spend $100 on a meal.
1:11.6	Wow.
1:13.0	I'm sold right now, Todd.
1:15.1	Yeah, and it's gorgeous.
1:16.5	The town is incredibly cosmopolitan.
1:19.8	Lots of stuff going on.
1:21.2	Great food, great people, people really friendly it was just a really it was a good it was good to get out of the US and see this other area of the world
1:30.4	Great great well I am so glad that you're back, Todd, and especially glad that you're back for this
1:35.4	week's show because it's all about diving into the senior care market.
	...

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