Helping caregivers manage finances for older adults with dementia
Technology-Enabled Financial Planning for Caregivers and Clients with Reduced Capacity
This study is creating a helpful financial planning tool for caregivers of older adults with Alzheimer's and similar conditions, making it easier for them to manage their loved ones' finances and protect against financial exploitation.
Quick facts
| Grant type | Sbir 2 grant |
|---|---|
| Study type | NIH-funded research |
| Funding institution | Bridgesource Medical Corporation NIH-funded |
| Lab location | 1 site (Austin, United States) |
| Project ID | NIH-10675686 on NIH RePORTER |
What this research studies
This research focuses on developing a technology-enabled financial planning tool specifically designed for caregivers of older adults with Alzheimer's disease and related dementias. It aims to provide guidance and support to caregivers who often face the challenge of managing disorganized finances for their loved ones. By creating a clinically validated methodology, the project seeks to enhance communication and education around financial control, ultimately reducing the risk of financial exploitation. The approach combines clinical insights with financial planning to empower both caregivers and their clients.
Who could benefit from this research
Good fit: Ideal candidates for this research are caregivers of older adults diagnosed with Alzheimer's disease or related dementias.
Not a fit: Patients who are not caregivers or do not have a diagnosis of Alzheimer's disease or related dementias may not benefit from this research.
Why it matters
Potential benefit: If successful, this research could significantly reduce financial exploitation and improve the financial well-being of older adults with dementia.
How similar studies have performed: Other research has shown success in developing supportive tools for caregivers, indicating a promising avenue for this approach.
Where this research is happening
Austin, United States
- Bridgesource Medical Corporation — Austin, United States (Active)
Researchers
- Principal investigator: Porterfield, John E — Bridgesource Medical Corporation
- Study coordinator: Porterfield, John E
About this research
- This is an active NIH-funded research project — typically early-stage science, not a clinical trial accepting patient enrollment.
- Some NIH-funded labs run parallel clinical studies or seek volunteers for related work. To check, contact the principal investigator or institution listed above.
- For full project details, budget, and progress reports, visit the official NIH RePORTER page below.