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Remote monitoring

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Remote monitoring

Five vendors from Connected Health Symposium (2 of 2)


Tangential to the talk: technology for an aging population. Looking through the agenda of the Connected Health Symposium in Boston, it's apparent in an agenda so densely packed with doctors (not to mention the attendees, with 26 just from Mass General Hospital) that this is not a conference about technology and aging (duh!).  And that is despite the fact that the biggest patient dilemma for both the businesses and providers packing the rooms remains the aging and very old patients who fill their offices and hospital beds and run up the largest bills at end of life.  Among the sponsors and exhibitors, these vendors stood out for me as important for serving an aging population. In alphabetical order:

AFrame Digital Showcases Wireless Health Monitoring System Across the Nation

10/14/2010


AFrame Digital scientists and company principals will be speaking about the company's technology products and changes in elder care technology at conferences throughout October and November.


 


Reston, VA (Vocus) October 14, 2010

If you have an XHealth hammer, everything looks like a nail


So if you think about an aging 'tsunami' -- doesn't it just make you think of mHealth and iPhones? Rant on.  I was on a call yesterday about an upcoming 'caregiving' and technology event -- as the call proceeded, the topic turned toward low-cost mHealth applications, ubiquitious at a Price Waterhouse tolerance level of $5 per month. [Side note -- PWC doesn't like 'mHealth', so they have renamed it 'Healthcare Unwired']. This week's Health 2.0, next month's Connected Health, not to mention eHealth, telehealth, wireless health, healthcare unbound or unwired -- now that's a tsunami. Note the $2.2 billion of new investment into biotech, medical devices and health IT -- just in the 2nd quarter of this year. 

New Study Finds Remote Monitoring Technology Enables the Elderly to Remain Independent Longer, Reduces Care Costs for Providers

09/29/2010


PHILADELPHIA--(BUSINESS WIRE)--Employing remote monitoring technology to enable the elderly to move from nursing homes and into community-based settings such as supportive housing can keep seniors safe at a substantially reduced cost, according to a new study released today.

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Aging in Place Technology Watch August Newsletter


August was a bonanza of buzz, buzz, buzz.  Usually August is a snoozer (and a slow news month) in the business world, what with vacations and organizational regrouping. But beginning with the August 3 Intel-GE Joint Venture announcement that fueled hope and speculation about accelerating intentions, more activity and media tracked right behind. During August, Great Call announced a new Jitterbug medication reminder service, Healthsense received a round of investment led by Radius Ventures, a $1.3 billion M-Health market sizing got Qualcomm and AT&T excited. Or maybe that that was 'mHealth' -- Best Buy (re)surfaced with health-related stuff in stores. Within the general what's-it-all-mean confusion, more press followed last month's NY Times series -- this time NPR offered up a series on aging and technology as well. Never one to shut up, I offered my own 'bah humbug' assessment of the assessment.

Enough already: NPR series adds remote monitoring sound but no light


Remote monitoring, a household product category?  Vendors in the remote monitoring world were no doubt thrilled when a few weeks ago we were treated to a wave of news stories -- the New York Times, CBS News, the Wall Street Journal and probably a number of other outlets that syndicated these. Clearly, free buzz is the best marketing any tech vendor can get -- and it is good to raise consumer awareness about a market category with fewer than 10,000 deployed units (a sum of the installed base as described to me by vendors). Generally these stories have been superficial -- hey, these are news stories, after all.  They briefly mentioned a randomly selected set of tech vendors, and perhaps whetted the appetite of consumers to consider their use. Never mind that there are numerous barriers and constraints that have, to date, limited adoption of remote home activity monitoring due to issues of pricing, reimbursement expectations, a well-established set of product capability and features, and a well-developed distribution model. 

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Healthsense Announces Investment by Radius Ventures, LLC

08/25/2010

FOR IMMEDIATE RELEASE:
Healthsense, Inc. Announces Investment by Radius Ventures, LLC.
MENDOTA HEIGHTS, Minn. – Aug. 25, 2010 – Healthsense, Inc., a leading provider
of next-generation wireless sensors and remote monitoring solutions for the senior care
market is pleased to announce the close of a growth capital financing round led by Radius
Ventures, LLC (“Radius”). Radius, a focused health and life sciences venture fund, was

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Aging in place will create a crisis of opportunity for CCRCs


CCRCs as destiny? Unlikely. Over the past few weeks, various statistics have caused me to roll my eyes (40% of doctors now consulting online -- huh?). But this one got my attention: the Wall Street Journal article about Continuing Care Retirement Communities (CCRCs). The article, which was about financial risk, cited an AAHSA estimate that "at least 745,000 older adults live in [1900 of] these communities", comprised of independent, assisted living, and nursing homes. Given the 39 million people over the age of 65, even if CCRCs double in capacity before 2020, they will reach a small percentage of that year's 55 million seniors.

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