Market Overview for Technology for Aging in Place

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dementia care, cognitive decline

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dementia care, cognitive decline

Five aging in place technologies from AARP’s LivePitch

Everybody off the bus -- the last convention for AARP. Last week’s Life@50+ National Event in Miami was reportedly the last time AARP will produce one of these national entertainment-filled conventions with speakers and tracks for all interests and crowds of boomer-and-beyond women (mostly, based on observation) -- volunteering to pack lunches, climbing onto buses, and basking in the Florida sunshine. The health-focused startup Live Pitch event on Thursday heard 4 minutes from the 10 finalists, 2 minutes from five Florida-based startups, and short 1-minute pitches from alternates from each of those. Judges selected Splitsecnd, a portable device-plus-service for automatic vehicle crash tracking (similar to GM's profitable OnStar, but currently vehicle brand-independent). The audience voted for Audicus (for buying lower-priced hearing aids online) and Constant Therapy (a mobile solution to help patients improve brain function after stroke or brain injury.)

Marketing nonsense alternatives to assisted living by preying on fear

Are ‘drop-in chefs’ an alternative to assisted living?  Some headline writers saw an opportunity – and some ran with the title even though the original NPR story stepped back a bit and said ‘help seniors stay in their own homes.’  You probably have heard that cost-sharing is an alternative to assisted living. Or sharing your home with roommates through Room2Carewith the founder wisely observing “Not everyone needs to be in assisted living.” Or let’s take Granny Pods – are they an alternative to assisted living? Remember these – prefab back yard cottages fit up with computers to provide medication reminders?  Or maybe Information Week’s Eight Technologies provide an alternative to assisted living -- the article said ‘changing home health care,’ but web designers know SEO and threw in 'assisted living.'

Senior Financial Abuse and Exploitation Costs Americans $36.48 Billion per Year -- TrueLink Financial

01/28/2015

SAN FRANCISCO, Jan. 28, 2015 /PRNewswire/ -- American seniors are losing $36.48 billion every year to senior fraud, exploitation and financial abuse—more than 12 times the most widely reported previous estimate.

Family Matters In-Home Care Integrates GeriJoy Connected Care System to Enhance Its Personalized Home Care Services

12/30/2014

Based in Campbell, CA, Family Matters In-Home Care lives up to its name by the quality of care it provides. Jacob Laffen, Co-Owner of Family Matters, explained, “We chose the name Family Matters because our goal is to treat all of our clients like family, and that is exactly what we do.”

Seniorbility Announces Innovative Elder Care Solution

10/23/2014

Washington, DC, October 23, 2014:  Seniorbility announces today a novel cognitive surveillance and safety program for seniors, responding to the growing need for services to enhance the overall care of seniors with Alzheimer’s disease and other dementias.

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