Savoy Life

Incubation Healthcare 2023

Tying Together Communities & Healthcare

“One of the biggest challenges confronting us as a society today is how we care for our elders. With an estimated 50 million Baby Boomers requiring caregiving support in their lifetime, this problem will only continue to worsen unless something is done to improve the quality of life for our seniors. That something is Savoy Life.”
Peter Emigh Founder and President, Savoy Life

Company Type:
Incubation

Founded:
2023

Stage:
Pre-Seed

Red Cell Phase:
Launched

Practice Area:
Healthcare

savoylife.com

The Problem

The overwhelming majority of seniors today will need long-term care at some point in their lives. With the onslaught of seniors entering retirement age, a phenomenon known as the “Silver Tsunami,” healthcare providers are struggling to keep up with the demands for care and senior living communities are increasingly challenged by the tasks of keeping their residents healthy, improving occupancy and length-of-stay rates, reducing staff turnover, and complying with state laws.

The Solution

Savoy Life is a virtual healthcare solution platform bringing high-quality health and compliance support services to the long-term care industry. The Savoy Life team aims to help adult family homes and assisted living communities close critical healthcare gaps, streamline operational workflows, improve compliance adherence, and increase the quality of life for seniors who call these establishments home. ⁠

“With more than 10,000 seniors aging into Medicare every day and access to primary care services on the decline, it is critical that we devise and deploy innovative solutions that not only address the growing demands on our already-strained healthcare system, but that also provide seniors with the kind of care that allows them to age in place with the support they deserve. Savoy Life was created to be that solution.”
Grant Verstandig Founder, Chairman, and CEO, Red Cell Partners