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$10,000 Business Plan Competition Focuses on Health and Well-Being

05/04/2021

LAFAYETTE, Calif., May 3, 2021 /PRNewswire/ -- Mary Furlong & Associates (MFA) announces its annual What's Next Longevity Venture Summit June 16-17 and the $10,000 Business Plan Competition. Now in its 18th year, the original thought leader conference focused on the longevity economy attracts more than 400 investors, entrepreneurs and other experts at the intersection of aging, technology and investment. The virtual event offers an online learning and networking experience with leading authorities on the future trends in the $8.3 trillion U.S. longevity economy.

Four Aging and Health Technology Blog Posts from February 2021

Looking out toward the future – what trends matter most?  The lack of broadband access among older adults is worrisome in these days of online-only vaccine registration.  In years past, getting older adults online was a lower priority for senior advocates, social service agencies or healthcare organizations. News organizations rarely discussed tech adoption among seniors.  And survey frequency about Internet access had dwindled over a decade. Now even the Wall Street Journal tech writer searches ways to get elusive vaccine appointments scheduled for older friends and relatives. The New York Times notes that some older adults don’t have computers.  When the 2022 surveys of broadband access for the 65+ are published, will the numbers be much higher?  New government efforts are underway to offer cheaper broadband -- will older adults participate?  Stay tuned. Here are four blog posts from February 2021:

The onset of Covid-19 produced an unanticipated surge in Remote Care Technology product and service offerings according to leading health and senior care providers

11/30/2020

Beginning in March of 2020, older adults were cut off from their families. Senior living companies of all types were caught in the triple bind of no-visitors, worsening worker shortage and the spread of Covid-19 to their residents. The pandemic caused older adults to defer health appointments and interactions with others, resulting in the usage of telehealth and other technologies like Zoom and FaceTime to skyrocket. Many of the technology stopgaps will become part of permanent change in how seniors connect, how businesses serve them, and what innovations matter most.

Will telehealth momentum help the oldest adults during Covid-19?

What happens when people avoid health-related in-person care? Rant on. Nearly a third of older adults, according to a National Council on Aging post, are foregoing visits to emergency rooms, afraid of catching the virus. Or they are avoiding outpatient visits, afraid of Covid-19, but also concerned about cost of care.  And the cumulative number of lost visits since mid-March continues to grow.   Family concerns about health and Covid-19 also continue to delay or prevent some move-ins to senior living communities.  Presumably, some avoidance is occurring even in circumstances where there is a pressing need for a move, such as worsening dementia.  But is telehealth viable for the oldest? 

Five notable technology offerings for older adults

Companies and products worth noting in August.  It may be the dog days of summer, but life and innovation move forward – and so it is with offerings to note that serve older adults. In particular, it is great to see the emergence of Primetime Partners, specifically focused on the aging-related market opportunity. The first, HomeEXCEPT was one missed at the time, emerging from a 2017 AARP Innovation Business Plan competition. The last was offered by a giant US network.  Go figure.

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