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Boomer-Senior Tech Business

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Boomer-Senior Tech Business

Aging and Health Technology Watch 2020 Research – A Recap

A year that saw little travel but it was a good time to write.   Most would agree that this year was not what we expected.  Instead of continuing with business and event travel into March, HIMSS was canceled at the last minute and converted to a virtual event.  And so it went, for Argentum events and many other summits. And so it remains a virtual world.  So 2020 was a year that produced 5 white papers and three long research reports emerge – normally not feasible with so much here-and-there travel. By comparison, in 2019 one report, the 2019 Market Overview, was published, along with 2 long and 4 short white papers, listed under Research.  Here are the reports – looking forward to 2021!

Consider Amazon’s role in the caregiving and older adult market

It’s already been a big year for new Amazon offerings that could benefit older people.   This month’s most obvious change was the introduction of Amazon Care Hub, an Alexa app that can be used to help monitor potentially isolated older adults.  But they also have done more work on Amazon Hospitality in partnership with K4Connect (which has rolled out 10,000 Alexa devices to senior living communities).  One might well argue that Amazon has and will continue to have a major impact on the quality of life for older adults (assuming senior privacy concerns and technology barriers to adoption are overcome – more on that another time):

Musical Health Technologies Wins LeadingAge California Innovation Award

10/12/2020

Musical Health Technologies Wins LeadingAge California Innovation Award with a Decades-Before-Its Time Idea, Enabling the Mass Distribution of Music as Medicine 

Music has been shown to be one of the most effective treatments for Alzheimer's disease and other forms of dementia.* The unique Lyric Coaching technology embedded in all SingFit solutions was first conceptualized  by an inventor and opera singer in 1960, more than 50 years before it was commercialized. 

Future of Remote Care Technology and Older Adults 2020 -- Themes Emerge

What is the status and future of remote care technologies? As the research interviews for the 2020 report “Future of Remote Care Technology and Older Adults” wind down, a few themes become apparent. This work began in the summer of 2020 as the Covid-19 lockdown was underway. The pandemic has likely transformed the senior-focused ecosystem. It triggered ingenuity of senior care organizations and vendors; and it energized innovators and prospective investors. Reimbursement of technology was a key policy change in 2020 that fueled adoption and investment in telehealth. That change super-charged growth in telehealth-related companies that had been growing incrementally. And as senior living executives agreed early, from a technology investment standpoint there’s no turning back.

Startup Milwaukee Week Announces 2020 Program, Goes Virtual

10/05/2020

Milwaukee, WI – Startup Milwaukee Week, the largest entrepreneurship event in Southeast Wisconsin will return for a fifth year of programming on November 11 -18, 2020. The weeklong series of virtual events and programming aims to increase awareness surrounding the local startup ecosystem as well as inspire and equip the community to rally around the digital transformation taking place in the region.

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