Professor Cass Sunstein, Professor at Harvard Law School, an articulate if somewhat low-key speaker, introduced (from his book “Nudge”) the concept of Libertarian Paternalism which utilizes 'choice architecture'.
We are headed to a Consumer-Driven Healthcare Market that is personalized and integrated, with connected healthcare lifting limits of demand and job lock, staying in a job in order to retain health insurance -- so says Regina Herzlinger, Professor, Harvard Business School and author of Who Killed Healthcare? Her predictions: First and foremost, employers will cash you out of your job-locking employer-based system into a consumer-based market, where you buy you own health insurance.
The session topic: Social Networks, Here Comes Everybody: The Power of Organizing without Organizations, delivered byClay Sharkey (Author, Consultant, and Professor at NYU). Clay Sharkey pointed out the fallacy of ‘trusted systems.’ Instead, he noted that information goes to where the trust is – using examples of how e-mail replaced the original purpose of the Internet -- Telnet and FTP -- within 3 months of its existence.
You'd think a symposium on 'connected health', a Boston conference with 1000 attendees that included investors (who warned that there was going to be a bloodbath of failed startups) as well as vendors and tech-aware doctors would be inspiring, but the actual experience was quite the opposite.
Monitoring your health at home looks like an incredible opportunity for big and small vendors -- including Zume Life, which just announced the 'Zuri' -- a hand-held device which prompts users to take their pills and keeps track of health-related issues, including upload to a Web page that can be shared. It will cost around $200 when it is available in the spring, plus $40-50/month for Web services.
This makes me very angry -- I hope it will enrage you as well. I must post this study about violations found in nursing homes, even though I am a long-term care ombudsman (volunteer -- we don't certify nursing homes!).
GE Heathcare announced this week "that it will distribute and co-market Living Independently's QuietCare products globally." QuietCare "alerts caregivers to behavioral changes that may signal potential health issues or emergency situations." My view -- this represents an intersection between the health and aging in place marketplaces. How it gets categorized may significantly influence market adoption.
Folks are thinking about how to help seniors remember their to take their medication-- but have they got it right? Clearly, there's a problem, with a 700% increase in deaths from medication errors at home, and of course the risk from not complying with prescription guidance and frequency has escalated risk of complications and hospitalizations.
Biography Laurie M.