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Market-Based Solutions to Vital Economic Issues
Research
Dec 7, 2017

The Business of Healthcare: Adapting to an Aging Economy

Excerpt

On October 27, 2017 the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted The Business of Healthcare: Adapting to an Aging Economy at UNC Kenan-Flagler Business School in Chapel Hill, North Carolina. The conference brought together more than 100 attendees representing the diverse interests and perspectives of health care and elder care organizations, medical and pharmaceutical companies, patient advocacy organizations, government agencies and the academic research sector.

Kenan Institute Director Greg Brown opened the conference with an overview of the demographic trends in North Carolina and the nation—trends that presage a “silver tsunami” as those 65 and older are poised to make up a larger segment of our population than ever before. While this future brings new challenges, it also creates opportunities for America’s businesses, government and society.

This conference summary offers highlights from the day’s presentations and discussions.

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Every day, seven days a week, 365 days of the year for the next 20 years, we boomers will be turning 65 at the rate of between eight and 10,000 per day. That’s every day, seven days a week, 365 days of the year. That’s the silver tsunami.

Jim Johnson Director of Education, Aging, and Economic Development Initiatives, Kenan Institute

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