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06/23/2017

he technology already has been tested at Brookdale Senior Living and is being tested at Benchmark Senior Living.

06/15/2017

28 percent of patients offered home health care after hospitalization — mostly older adults — say “no” to those services.

06/15/2017

23 million, or 39% of the rural population, lacks broadband access or options.

Market Overview for Technology for Aging in Place

Monthly blog archive

2017 Tech-Enabled Home Care Report: Rising worker scarcity, family expectations

Why does tech-enabled home care show potential? Growing life expectancy and shrinking assets limit options of older adults in late life, leaving those who may need care more likely to receive it at home. The biggest constraint for this industry is scarcity of willing workers. Although a greater role for technology is envisioned by many, the highly fragmented home care industry has made incremental progress in achieving it.  As the industry matures, standard practices and tech-enablement have begun to take shape. With the coming age wave, venture capitalists have been intrigued and funding has exploded, exceeding $200 million by 2016 year end. 

AARP charts Tech Adoption among older adults -- what does it mean?

What’s happening with older adults and tech adoption?  Not much. Let’s take a look at the AARP 2016 Technology Trends Among Mid-Life and Older Americans. Hint, the report focused most of its analysis on boomers and below. So that leaves the rest of us to look more closely at what they found about older ages, since it seems that this is the most recent set of material on this topic.  From Page 10: “Adults age 70+ are the least likely to have adopted any device.”  And on Page 12: only 29% of those aged 70+ own a smartphone – and of non-owners in that age group, only 4% plan to buy one in the coming (2017) year.

Ten Tips for Launching a Product or Service -- 2017 Kickoff Refresher

So you want to launch a boomer/senior, home health tech product or caregiving marketplace, or caregiver advisory service.  As your new company get ready to travel into battle later this spring to a plethora of lively pitches, it is time to for you to revisit this guidance. Perhaps some time soon, your new or existing company will officially launch a new product or service, or perhaps a long-awaited, over-described and much-anticipated offering will finally ship. First read the AARP-sponsored Challenging Innovators research report. Then look over this updated checklist that continues to hold true – with a few links that are merely examples:

Terminology matters: Digital Health or Tech and Aging?

Is there a difference between health tech and aging tech? A friend told me about a comment from an arrogant investor (that may seem redundant to some). The observation was that ‘aging’ was not important, health is THE topic and subsumes (overrides) aging. Do you buy that? Just ask my daily alerts or search yourself for the term 'aging seniors.'  See that the list starts with NCOA and improving the lives of older adults.  Okay, now do the same for 'digital health' (investment north of $4 billion in 2016). Other than a few blog posts, there is virtually no intersection.  And as for VC focus on the aging demographic?

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Five technologies for older adults from CES 2017

CES 2017 – an overwhelming 'tech-o-rama' that defies categorization.  So do not expect insight here about why, where, or what was intriguing to journalists and geeks, including the Wall Street Journal.  There will be no discussion of how Vegas may be different in a year where the show, which attracted 175,000, ended on a Sunday. [Rant on] And the Silver Summit at CES is long gone, first replaced by Lifelong Tech in 2015 and then fully absorbed into the Digital Health Summit last year and this year. And there will be no discussion here about why, oh why, do all of the demonstration videos of nearly everything have to limit the viewer imagination to the young people being shown? [Rant off] Okay, there is no existing aggregator source for tech that could be useful to older adults -- spanning multiple categories -- nor to caregivers who care for them, either professional or family. Note that some media articles grouped items: a)  tech related to hearing loss, b) tech to assist people with disabilities, and c) an Accessibility Marketplace.  In addition to those offerings, here are five that so far caught my eye -- drawn from various sources:

Six observations from Tech-Enabled Home Care 2017 Research

Tech-enabled home care -- what does the interview research reveal? The report will be posted later this month, but specific insights emerged after speaking with 21 leaders in the home care business and technology segments.  The interviews are completed and the report is drafted. Here are six predictions that are drawn directly from that process:

Living to 100 – On the cusp of CES, what technology will we need?

At an event this week with that title – it makes you wonder. What will living to 100 be like in 40 years?  In 2014, there were 72,197 Americans aged 100 or older, according to a report from the Centers for Disease Control and Prevention.  That number is up 44% since 2000, so that is presumably the good news. Moving forward, the projection is for an even more impressive number – 603,971 anticipated by 2060. The bad news?  The cause of death from Alzheimer’s disease among centenarians has also increased by 119% since 2000.

Four slightly cynical wishes for 2017 and beyond

Consider the following possible though unlikely 2017 tech advances.  On the cusp of the new year and the 2017 CES announcement extravaganza, let’s hope. And beyond CES, here are a few semi-optimistic (or glass half-full) wishes for our technology lives – and the corollary of technology media coverage. Let's consider dropping the click bait media fawning over ever little twitch of self-driving cars.* Let's ask car manufacturers to consider simpler user interfaces (like this reviewed VW) for easier-to-manipulate temperature, audio and driving controls.  And what else should we hope for?

Six 2016 Tech Announcements for Older Adult Safety

Safety matters -- both to older adults and their loved ones.  For those who worry about the elderly, home safety monitoring technology and personal emergency response offerings provide a degree of reassurance -- following the entry of MobileHelp as one of the first, most of the viable Personal Emergency Response System (PERS) vendors in the market today have a mobile device, enabling the older adult to leave the home, walk the dog, and wear a device while on trips. In addition, automatically-generated check-in technology can provide another degree of comfort for caregiving families and professional providers. During 2016, a number of new variants of safety-related introductions were made, including, but not limited to the following launches: 

Six technology-enabled innovations for older adults from 2016

Tech announcements spew forth, fast and furiously – but most do not help older adults.  Stay tuned and hopeful if you can, to the hundreds of announcements that will pour forth in the coming weeks from CES 2017 – hopefully a number of them focused on or at least interested in the care and/or services related to an aging population – and yes, according to the CDC, if one lives to age 65, life expectancy is unchanged. In the meantime, let’s reflect on 2016, which saw the rise in awareness of future caregiver shortages, shortages in family time, but not shortages in investor money:

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