Market Overview for Technology for Aging in Place

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Meet or hear Laurie in one of the following:

CAP Conference, Asheville, NC, Aug 15-17.

Washington, DC, July 23.

National Church Residences, Columbus, OH, September, 2019

AGE-WELL Network of Centres of Excellence, Oct 23, 2019

2019 LTC InsurTech, Silicon Valley, DC, Nov 7, 2019

DC Longevity Summit, December, 2019

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Boomer-Senior Tech Business

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Boomer-Senior Tech Business

Aging in Place Technology – Five Blog Posts from June 2018

n a short month, heard lots about caregiving and hearing.  You have 'conversed' with an older person who cannot hear well without hearing aids but owns an expensive pair which are highly adjustable. But they don't put them in, or lost one of them and not replaced it, even though the VA will pay for it. These individuals may ask you a question, but they don’t wait for an answer they can’t hear well. And so they go on – talking about themselves  and assuming that’s fine at your end of the 'dialogue'   They have families who become irritated with them; they spend a great deal of time alone.  Then one day, they become part of an equation – those with hearing loss are at greater risk of developing dementia.   Sigh.  Here are four blog posts from June:

The more technology changes, the more some categories will remain

The more things change… Life expectancy is long – tech attention span from investors and innovators can be short.  Reviewing the past 10 years of blog posts (from 2008 until 2018), in the beginning, consider the categories and innovations. To mitigate social isolation, for example, note the video phone and the printing mailbox. The objective was to communicate with grandma or grandpa, who might be bereft of email – or for that matter, WiFi, Skype, tablet, smartphone, PC or MAC. Imagine the blissful simplicity or those times -- for the grandparents.  Largely forgotten now --  Mailbug, BigKeys – and printing mailboxes Presto and fax-machine based MyCelery. But the PERS market, around since 1975 in the US, has repeatedly been predicted to be obsolete and about to be replaced with something else.

Silicon Valley Boomer Venture Summit Announces Finalists for $10K Business Plan Competition and AARP Innovation Labs Pitch Competition

06/18/2018

 The finalists have been announced for this year's Business Plan Competition and AARP Innovation Labs Pitch Competition on June 21st  at the Claremont Club and Spa, Berkeley, California. The Business Plan Competition features companies pitching their ideas to a diverse panel of judges for feedback, funding and a $10,000 prize.

Narrowing the price gap between hearing aids and PSAPs

The hearing aid industry offers pricey hearing aids for people with ‘defined’ hearing loss.  The FDA wants you to understand that it regulates hearing aids – which it defines as helping the medical condition of hearing loss. The FDA then observes “sound amplifiers for consumers with no hearing loss who want to make environmental sounds louder for recreational use.“ Recreational ? Hearing aids that they do regulate are now made by a small number of companies and are sold with audiologist services for $1000 up to $4000 per device – most people need two – and have a lifespan of up to 7 years.   That price includes a hearing test, fitting, initial batteries and more.

Silicon Valley Boomer Venture Summit Announces AARP Services, Inc. CMO Charlotte Yeh as Keynote and Adds Pitch Competition Around Product to Aid Caregivers to Lineup June 20 & 21, 2018

06/07/2018

BERKELEY, Calif., June 7, 2018 /PRNewswire/ -- This year's 15th Annual Silicon Valley Boomer Venture Summit and Business Plan Competition on June 20th and 21st at the Claremont Club and Spa, Berkeley, California features the annual Business Plan Competition where emerging companies pitch their ideas to a diverse panel of judges for feedback, funding and a $10,000 prize. The Summit includes angel investors, early stage and growth stage firms, and distribution partners all focused on investment in the longevity economy.

Health-Care tech for seniors – not well served by the Wall Street Journal

Skip the tech – listen to the experts interviewed – first robots.  The good news – this week’s Health Care Technology supplement transcended the limits of doctors and hospitals – and dabbled in the dilemmas of elder care – included technology to assist those with dementia and mitigate loneliness.   The bad news -- another in a long line of 'robots and chatbots look after the elderly,' with promotions of those oft-promoted Care.coach and ElliQ, adding Catalia Health’s cute Mabu. These are worthy experiments – and not wanting to be left behind, there are always health organizations eager to see what the fuss is about. Says USC researcher, Maja Mataric: "Robots give patients the illusion of having a physical companion…it isn’t actually very hard to project empathy (Mabu)...Empathy is what you do, not what you feel."   Really?  How comforting.

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