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Silicon Valley Boomer Venture Summit Names Noctrix Health the 2016 Business Plan Competition Winner

07/22/2016

The Thirteenth Annual Business Plan Competition of The Silicon Valley Boomer Venture Summit concluded with the $10,000 prize being presented to Shriram Raghunathan, Co-founder of Noctrix Health, an early-stage medical device company focused on developing a revolutionary therapy for a chronic illness.

The 13th Annual Summit was held on June 25th, 2014. The Summit pairs investors with entrepreneurs who can bring innovative products and services for the longevity economy to market.

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Technology and the Logistics of Home Care

The US faces a shortage of professional in-home care workers.  The Bureau of Labor Statistics has projected both the growing availability of home care jobs and the shortage of people to fill them. Some states will confront daunting shortages within the next few years: Minnesota will need to fill almost 60,000 direct-care and support positions by 2020, particularly as the state shifts funding toward care in the community rather than in nursing facilities.  The problem is worse in Alaska – where many care workers are nearing retirement age themselves.  Over time, as AARP has predicted, the care gap will widen as boomer population ages – and their care needs catch up with them.  And finally, in nursing, the future has arrived. “Between 2006 and 2016, the U.S. Department of Labor (2007) projected that registered nurse job growth in the home healthcare sector (39.5%) will be larger than in the hospital sector (21.6%).” 

Eric Dishman, manager of Intel's digital health group, leaving for federal initiative

04/12/2016

Eric Dishman, an Intel vice president and leader of its much-touted health and life sciences organization, is leaving to join a federal project called the Precision Medicine Initiative Cohort Program. Dishman is one of Intel's top Oregon executives and had been among its most visible leaders of an effort to incorporate computing technology into medicine.

In the time of HIMSS, how do real seniors benefit from Health IT?

Another convention, apparent consumer progress in using health data. HIMSS (the Las Vegas mega get-together about transforming health through IT) is wrapping up and with it are the press releases. Several surveys hit the streets this past week that could make health tech investment enthusiasts see progress if they forget that investment funds (and end user pilots) may be drying up. For example, the Accenture global survey noted that app and wearable use for managing their health doubled since 2014, from 16% to 33%.  And the 1-liner that Accenture wants you to know? "Research shows patients in the United States want a heavy dose of digital." Well, some of them, maybe.

Boomers turn into seniors: So far, health and tech innovations disappoint

These are interesting and disturbing times for boomer-turning senior consumers of health care.  The oldest baby boomers have turned 70. Some might even call them seniors. They are more likely than their parents to have chronic diseases, and 39% of baby boomers are obese. They are presented with rising health care costs, although real wages are barely growing. So what is the health tech sector inventing to help boomers span this disconnect between health, healthcare costs, and incomes?  Investors are becoming disillusioned with the array of tools have emerged that have only a tangential effect, including health apps they won’t download – and if they did, wearables that are not necessarily accurate or may not be secure. And so far, workplace health incentives that are not yet necessarily effective.

Care Angel's Patent-Pending Artificial Intelligent Caregiver, ANGEL, Wins People's Choice Award

12/24/2015
Miami Beach, FL - December 23, 2015 - (Newswire.com)

Accumulating accolades and awards for its innovative approach to caregiving and aging-in-place, Care Angel introduces ANGEL, an intelligent virtual caregiver assistant, and announces its latest honor as winner of the People’s Choice Award at the recent Health Tech Conference.

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Five technologies from the 2015 mHealth Summit in DC

Less mHealth and more HealthIT. When Lenovo displays a full size cutaway blade server at the entrance to its booth, you can surmise that the mHealth Summit is more IT than personal/mobile. HIMSS, the media company for health IT events, seems to have lost interest in selling booth space for their mHealth Exhibit Hall. Most visitors I talked with were disappointed at the reduced scale of the event, which is now combined with the Cybersecurity Summit, PopHealth Summit, Global mHealth Forum. Perhaps this was an optimization strategy? Free up the month of December? At any rate here are five new technologies from this event that could potentially benefit boomers and seniors, content is from the companies:

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