Market Overview for Technology for Aging in Place

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November 2019

Technology Can Help Make Medication Management Smarter

Medication non-adherence – it’s serious. This medication non-adherence (not filling prescriptions or missing dosages) is a major health issue – resulting in 10% of hospitalizations, 125,000 deaths, and costing the healthcare system up to $300 billion/year.  Consider that 1 in 5 Medicare patients are re-admitted to the hospital within 30 days after discharge – half of them because of medication non-adherence. In a study by Walgreens, researchers found that every 1% improvement in adherence saves about $50 in healthcare spending.

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Five tech and aging blog posts from October 2019

October was a long and extravagant month for the tech market.  Between trade events, including the Connected Health Conference in Boston, LeadingAge in San Diego, HLTH in Las Vegas, the Aging 2.0 Revolutionize Conference in Boston which was highlighted by the reveal of Venture Capital investor Dominic Endicott's $2 Trillion Age-Tech market size, making the Consumer Technology Association's $29 Billion look cautious. No doubt there were also many smaller events throughout the country. Here are the October blog posts: