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2024 What's Next Longevity Venture Summit (online)

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Family caregivers

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Family caregivers

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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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 blog notes from September 2023 Aging and Health Technology Watch

Setting the stage for The Future of Care Work research.  Did you know that the number of workers per social security beneficiaries continues to shrink? That two-thirds of doctors and nurses are experiencing moderate or a great deal of burnout at work.  That over 85% of US adults suffer from one chronic illness.  That 33% of those aged 85+ have Alzheimer’s or dementia?  These points and more are the backdrop for the upcoming November report, The Future of AI and Care Work. Meanwhile, here are five points from September, 2023.

Nomo Smart Care Introduces the Essential Care Kit, the Next Generation of Innovative Technology for Caregivers

09/27/2023

MINNEAPOLIS, Sept. 27, 2023 /PRNewswire/ -- Nomo International, Inc. announces the first-of-its-kind smart technology for the millions of people providing personal care to family members, especially those facing health challenges. Now live on Walmart.com, Nomo Smart Care is designed for seniors who want to live at home while maintaining their independence, and for their family members who worry about their daily well-being. Nomo Smart Care's proprietary smart technology products connect families and friends through an app with their loved ones in need.

AoM Connecting with Caregivers

Age of Majority Connecting with Caregivers Survey 2023

Tech and the future of care work – five research midpoint observations

The halfway point -- research about Future of Care Work. Each interviewee was asked for thoughts in the context of the categories suggested by ChatGPT and any other categories that will improve the work processes for those in the care-related industries – home care, home healthcare, senior living care (including nursing homes), and hospital discharge processes to any of those. Few conversations focused on ChatGPT – instead it became apparent that innovation, including AI, is underway to optimize care work, focus on the workforce, and help keep care recipients at home:

Five tech offerings serving the family, senior living and home care continuum

The care continuum that serves older adults is an ignored reality.  The stove-piping of care-related services is a myth. It is perpetuated in associations, venture capital and public policy lobbying. Examples: Some believe family caregivers are a standalone entity that does not use care services. That committing to aging independently at home is a permanent decision. Or that home care a parallel universe to senior living. Or that workers in each of those do not also find work in nursing homes. Reality check: Family caregivers may hire home care services. Or they move loved ones to senior living. Senior living companies (and families) augment limited staff with home care workers. And depending on health, wealth or financial planning, many older adults will one day move to nursing homes, where the worker pool matches that in the other care services. Each part of the continuum wants to use technology to deliver better, more efficient, and health-aware care. Here are five– information drawn directly from the websites:

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