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Icon and Caspar AI Partnership Offers a Comprehensive Safety and Engagement Solution to Senior Living Communities

10/30/2023

OR IMMEDIATE RELEASE (October 30, 2023) – Icon and Caspar AI are pleased to announce a strategic partnership to leverage Generative AI for improving resident safety and engagement.

Caspar provides a comprehensive 24/7 safety net for residents with passive contactless sensors – no cameras or wearables are needed. Caspar is free for eligible residents and the communities may generate $144,000 in topline revenue for every 100 residents.

With Icon’s engagement and communication platform, the communities can now enhance the experience for their staff, residents and families.

Four observations from AI and the Future of Care Work research

You know the statistics and they are alarming.  Doctors and nurses are burning out, especially in the ER.  Turnover is highest in the lowest-paid care positions – home care is at a high point at 77% as of 2022.  Pressure is growing in senior living to ‘keep people well’ in conjunction with a higher level of acuity of care needs. Demand and costs are up, and availability of workers is down. Add the baby boomer population growth – all will pass 65 in just 7 more years -- in conjunction with a shortage of workers able and willing to help them. Hospitals are closing, particularly in rural areas – boosting expectations about care delivery in the home.  And in 2023, AI technology is emerging  to manage and even improve care. Here are four observations from the just-completed research interviews on this topic: 

Visual cue company laser-focused on partnering with eldercare facilities to expand market

08/22/2023

Devices that offer visual or audio cues for older adults are an important developing market as care providers look to reduce incidences of falls.

One startup, De Oro Devices, is hoping to broaden its market reach for NexStride, a device that attaches to tools like canes or walkers and creates a green laser projection on the ground for users to follow.

The company officially announced a partnership with New York-based RiverSpring Living following a successful trial run of its device at RiverSpring’s campus in the Bronx.

In the senior care market, Aging 2.0 has become a very big deal

 Aging 2.0, from very small to very big. Begun in 2012 through the efforts of Katy Fike and Stephen Johnston.  The goal: address the biggest challenges and opportunities in aging. In 2021, Aging 2.0, at that point with "40,000-plus innovators in 130 chapters across 31 countries," was acquired by the Louisville Healthcare CEO Council.  Despite denial that this acquisition was not changing the mission, it has migrated from its long-time loosely connected chapters with a few members here to a thousand there. Louisville ownership has transformed both its members and sponsorship -- senior living, skilled nursing, healthcare, insurers.  Here are five exhibitors/content from the Aging 2.0 Optimize event beginning today in Louisville:

Five 2023 innovations to benefit older adults and their care providers

Older adults and caregivers are served by a number of offerings and events. And CES 2024 is still more than 3 months away.  Events are ahead like Aging 2.0 Optimize in September in Lousiville, LeadingAge’s Annual Meeting in November in Chicago, and the What’s Next Longevity Innovation Summit in December in Washington.  Each of these will no doubt feature startups of services and technologies, many incorporating AI) in multiple areas.   In the meantime, here are five recently announced innovations and services for the older adult marketplace worth checking out:

SkyPoint Launches Generative AI Platform for Senior Living

08/25/2023

SkyPoint’s generative AI platform enables senior living operators and staff to “chat with their data” grounded in context.

Portland, OR – August 22, 2023 – View official press release

SkyPoint Cloud proudly launches the senior living industry’s first Enterprise AI SaaS product focused on enabling organizations to leverage generative AI to optimize efficiency and productivity. SkyPoint AI intends to elevate the standard of care provided in senior living facilities, enhance operational efficiency, and improve staff satisfaction by eliminating mundane repetitive tasks.

OneStep Revolutionizes Care With Expansion of Innovative Digital Care Solution Into Older Adult Communities

08/22/2023

NEW YORK CITY, N.Y. — OneStep, an FDA-listed medical app that uses smartphone motion sensors to provide immediate, clinically-validated feedback on gait and mobility, today announced its expansion into older adult communities such as skilled nursing facilities (SNFs) and senior living communities (SLCs) throughout the United States.

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