Tech plus service enables care at home.
Washington DC, August 21-25, 2024
Louisville, Kentucky is the aging-industry capital of the United States. The city is a very big player in long-term care, host to a variety of "headquarters in nursing home, rehabilitation, assisted living and home health administration." Last week the city (and a variety of its long-term care industry sponsors) ran an industry summit that included two days of sessions and a bevy of live pitches. It is striking to contemplate the simultaneous growing blur and yet near-complete disconnect between health-related innovations involving doctors and the world of aging care. There has long been a need for disruptive innovation in the long-term care industry -- which, like the health care industry overall, struggles with lower reimbursements, which in turn have resulted in further industry consolidation.
What are the drivers of innovation? Was one of the speakers, StartUp Health founder Unity Stokes, correct in noting the 10 biggest drivers for future innovation in aging care? Or, as the Louisville event finalist list suggests, is aging care (and related innovations) blending into health care delivery? Note that as next week's Partners Healthcare Connected Health Symposium in Boston approaches, it is (oddly) adjacent without topic overlap (except for one aging in place session) with the follow-ing week's LeadingAge event -- to be mulled over at a future date. Here are the finalists from Louisville, with Moving Analytics as the national winner. The text below is drawn from company websites or public information.