Exceeding expectations in every way. The next report was going to be titled – “The Future of AI in Senior Living” but that was so yesterday. One 2023 document, The Future of Artificial Intelligence in Senior Living offered up the categories where it would/could be useful – including in remote home monitoring, and its ‘emerging’ categories of AI solutions for seniors and senior living communities. The report referred to a 2023 study about how an AI algorithm could predict patients at highest risk for readmission to the hospital – using multiple data sources as inputs. No surprise – the algorithm’s recommendations were used, and the predictions and care recommendations enabled a 21% reduction of rehospitalization.
Unlimited Robotics, which aims to solve critical staffing shortages in healthcare through the deployment of autonomous robotic solutions, has closed a $5 million Seed round led by lool ventures, an early-stage Israeli venture capital firm. Additional investors include Avishai Abrahami, CEO and Co-founder of Wix, and Micha Kauffman, CEO and Co-founder of Fiverr.
Melbourne, Fla. (April 11, 2024) - Kalogon, a leader in smart seating solutions, today unveiled a new custom wheelchair cushion, Orbiter Med, which the Centers for Medicare & Medicaid Services (CMS) has approved for the use of Healthcare Common Procedure Coding System (HCPCS) Code E2609 to bill Medicare. For the first time, Orbiter Med combines Kalogon’s groundbreaking Advanced Pressure Management (APM) system with the individualized postural support of a custom cushion reimbursable by insurance.
Has the tech user experience substantially improved? For years device and software tech ‘improved’ to a point of widespread optimism about our tech future. Certainly access has improved: Ninety-five percent of Americans use the Internet and more than 80% have broadband at home. Today there are numerous programs to subsidize access, and smartphone penetration has exceeded 92%. One would believe this ubiquity of access might make us hopeful that we are now in the era of tech helping consumers of all ages, no matter what task or level of knowledge.
The report is a comprehensive analysis of the aging population trends and crisis in care work today. It examines the increasingly significant role that artificial intelligence and machine learning can play to address today's workforce challenges posed by an aging population. The report predicts the rise of the AI Caregiver, explaining how AI technology over time will help deliver a data-driven care continuum across organizations, mitigate workforce shortages and improve care delivery for the consumer, a population of one.
What is care coordination and why is it so elusive? Catching my eye – a relatively new company, Sage, offers a ‘care coordination’ platform for senior living, just received another $15 million. Sage apparently launched in the context of replacing the traditional PERS pull cord alerting system with rapid communication and updates through software. The term, care coordination, is vague and depends on context. But at its core, it means sharing information about care recipients across disparate care provider entities. Inside senior living, that may mean across members of care teams (was that not being done?), as well as across an senior living organization, with outside service and health providers and with families.