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Carewell bags a $24.7M SeriesB

02/23/2024

Carewell is on a mission to provide family caregivers with tools and resources to care for their loved ones. The online retailer also just announced a Series B fund raise,  recently relocated its headquarters from Charlotte  to Miami and hired a handful of executives hailing from South Florida’s most well-known online retailer, Chewy.

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ONSCREEN Wins AARP AgeTech After Dark Pitch Challenge at CES 2024

01/16/2024

YORBA LINDA, CA, USA, January 16, 2024 /EINPresswire.com/ -- ONSCREEN Inc., an emerging leader in AI-powered senior care technology, is excited to announce its recent success at the AARP AgeTech After Dark Pitch Challenge at CES 2024. In a fun-filled yet informative event that showcased some of the most innovative companies in the AgeTech industry, ONSCREEN emerged as the winner of the pitch competition, securing the $10,000 award and “bragging rights” for the year.

Five policy changes from 2023 that will drive more tech for older adults

The 2024 Market Overview of Technology for Aging will be published during CES 2024.  As part of that update, it is worth considering changes that occurred in the past year that matter to older adults and families. Caregiving and other demands of an aging population gained significant government attention and new initiatives during 2023. While some of the actions below will require further funding action from Congress, all of these represent forward momentum for long-needed changes. It is likely that technology enablement and access will be components of each of the initiatives as they evolve.  Categories include:

Five technologies for older adults -- 2023 wrap-up (2 of 2)

The pace of innovation in tech for older adults accelerated in 2023.  New product announcements, incubators/accelerators, government grants (see NIA) seem to be multiplying. Companies emerged or announced updates addressing dementia care. The concept of an AI Caregiver to augment limited staffing took on new significance as the crisis in care work worsened throughout the year. Senior living organizations showed signs of accelerating tech adoption, particularly in areas of AI for remote monitoring and safety. The time is right for engaging with an AI-powered avatar for health advice, including assisting with fall prevention. Here are five more from 2023, all text from the company websites. More to come after CES 2024 begins:

Five new technologies for older adults -- 2023 wrap-up (1 of 2)

AgeTech is a niche market no more.  As we approach 2024 and the plethora of tech introductions from CES 2024, let's reflect. This past year underscored the demographic changes that have brought an aging population -- turning 65 at a rate of 10,000 per day -- into the sight lines of investors, startups and health providers. The very recent monumental investment that swept AI and media visibility underscored how AI could help older adults. And the shortage of labor in the care industries put a spotlight on the gaps in care that AI tech can help close.  No doubt 2024 will reveal more investment and innovation in tech for older adults.  All material is drawn from the websites of the companies.

CareYaya Health Technologies Advances AI-Enabled Eldercare with Acceptance into Prestigious Harvard Innovation Labs

12/06/2023

CareYaya Health Technologies today proudly announced its acceptance into Harvard Innovation Labs to accelerate development of TapestryAI, an artificial intelligence-powered platform set to transform legacy preservation and reminiscence therapy for elderly populations.

Did you miss one? Four Aging and Health Tech Posts October 2023

Trends worth noting about care work. You know the statistics and they are alarming. Doctors and nurses are burning out, especially in the ER. Turnover is highest in the lowest-paid care positions – home care is at a high point at 77% as of 2022. Pressure is growing in senior living to ‘keep people well’ in conjunction with a higher level of acuity of care needs. Demand and costs are up, and availability of workers is down. What will drive innovation in care?

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