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fall prevention, fall detection

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fall prevention, fall detection

Icon and Caspar AI Partnership Offers a Comprehensive Safety and Engagement Solution to Senior Living Communities

10/30/2023

OR IMMEDIATE RELEASE (October 30, 2023) – Icon and Caspar AI are pleased to announce a strategic partnership to leverage Generative AI for improving resident safety and engagement.

Caspar provides a comprehensive 24/7 safety net for residents with passive contactless sensors – no cameras or wearables are needed. Caspar is free for eligible residents and the communities may generate $144,000 in topline revenue for every 100 residents.

With Icon’s engagement and communication platform, the communities can now enhance the experience for their staff, residents and families.

FallCall Detect Integrates Apple Crash Detection

09/28/2023

FallCall Solutions, a CT tech startup committed to making safety accessible and affordable for all, announced today that their medical alert safety app, FallCall Detect, now supports Crash Detection for iPhone 14 and later models. This new integration into an independent 24/7 emergency monitoring center – a world first among safety-tech apps – will add to FallCall’s growing list of features, including their own patented Smart Fall Detection, integrated Bluetooth-powered medical alert jewelry and voice-activated Help Calls using Siri.

Visual cue company laser-focused on partnering with eldercare facilities to expand market

08/22/2023

Devices that offer visual or audio cues for older adults are an important developing market as care providers look to reduce incidences of falls.

One startup, De Oro Devices, is hoping to broaden its market reach for NexStride, a device that attaches to tools like canes or walkers and creates a green laser projection on the ground for users to follow.

The company officially announced a partnership with New York-based RiverSpring Living following a successful trial run of its device at RiverSpring’s campus in the Bronx.

July Blog posts -- fall detection, dementia tech, aging in place and more

And in other news, CMS really wants older adults with dementia to remain in their homes.  The government agency seems to have given up on improving the quality or affordability of dementia care in senior living or nursing homes. The new GUIDE program will support caregivers and ‘enable people living with dementia to remain in their homes and communities.’ But is that the best setting for dementia care? No way to share meals with others, access staff-run activities, and build on the expertise of caring for people with dementia that the senior-related industries already established?  Never mind enabling caregivers to enter a robust job market away from their homes. Just asking. Here are the posts:

Fall detection -- does the PERS industry detect market changes?

Has anyone you know fallen and couldn’t get up?  If so, would you pick up the phone and call Life Alert, the purveyor of those miserable ads on TV?  This is not a fun company – read the reviews about working there. Philips launched its own Personal Emergency Response System (PERS) offering in 2005 through the acquisition of Lifeline Systems and gave up 16 years later, selling it to Connect America. Since then, Medical Guardian became a market leader ($100 million investment from WaterStreet), with Florence Henderson as spokesperson. And so some believe this is a viable (standalone?) market and believe that it has a low penetration rate into the potential market of worried older adults or their physicians and families.

AARP's AgeTech Collaborative -- mobility offerings 2023

What is the AARP AgeTech Collaborative? AARP’s AgeTech Collaborative launched in 2021 with a splash (and 50 startups) that has widened into an age wave, or a sort of Match.com for age-related companies to find others, including collaborators, sponsors, pilots, and more. Today’s collection includes 104 companies, many of whom have gone through the AgeTech Collaborative Accelerator process, including pitch competition, Accelerator program enabling entry into the AgeTech Collaborative program. The categories span Caregiving, FemTech, Health, Mobility, Savings & Planning, and Social Connections.

A decade later -- Next Generation Response Systems have arrived

The more things change in the PERS/medical alert industry… Long ago (10 years, to be exact), a survey report plus future market predictions was published.  From website review, the cash cow world of medical alert devices and recurring revenue appears from the outside to be largely unchanged. On the LifeAlert website, the woman is still falling and can’t get up. Medical Guardian also informs that every 11 seconds, 1 in 4 Americans aged 65+ experience a fall-related injury. The National Council on Aging site, NCOA features medical alert vendor comparisons in which the vendor earns a commission if purchased through the site. Vendors still claim a that market penetration is still low, that only 8% of seniors believe they need such a device, a helpful persuasion tactic to motivate security dealers and retailers.

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