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08/23/2016

UMaine faculty shared some of their latest aging-related research projects with students and colleagues.

08/22/2016

Service example: Icontrol Networks Inc., which helps set up smart homes for clients.

08/20/2016

For profit companies can now offer PACE services, reimbursed by Medicare and Medicaid.

08/18/2016

Only 16 percent of seniors looked for health information online, among other findings.

08/17/2016

Some of the restrictions are having a harsh impact on local granny pod businesses.

Market Overview for Technology for Aging in Place

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Home Care

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Home Care

PACE accelerates into dubious for-profit nursing home avoidance

Nursing home avoidance – the home care wave fits the profile.  So we know that tech-enabled home care has received several infusions of cash lately.  Whether this is an anomaly -- once new-age firms realize that home care consists of difficult and backbreaking labor – or signals a trend, remains to be seen.  The apparent bloom of the home care business opportunity appears to be the inverse of the business gloom in senior housing, as noted in these Chapter 11 filings. These businesses are failing at the same time as nursing home bed capacity is anticipated to become constrained.   As AARP has endlessly repeated, 90% of older adults want to remain in their own homes. Or maybe it is 87%.  But regardless of intent, most will stay because they can’t afford anything else.  

Five Caregiving apps – some people use them, but what are they?

In June, Parks Associates observed low utilization of caregiver apps.  Their research published at the time showed "27% of current caregivers and 41% of future caregivers are very interested in a connected health app featuring medication lists with reminder functions."  Parsing that a bit, caregivers today are not big users of apps to help them with caregiving, but perhaps today’s millennials (future caregivers) will be more interested.  The graphic associated with the press release reaffirmed any doubts about the viability of the PERS industry -- topping the chart -- panic button, tracking and fall detection. Okay – so if current caregivers were to use apps more productively, what might they use? And will the most likely use end up with families who have engaged home care workers?  These imponderables aside, the information from the five noted here was drawn from the websites or public press material:

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Phone checklist can help detect changes in clinical status among home care recipients

08/12/2016

Phone checklist can help detect changes in clinical status among home care recipients

Study highlights importance of real-time monitoring, potential for early intervention in a vulnerable population

HARVARD MEDICAL SCHOOL

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The Thrive/Honor VC investment -- has the home care market heated up?

Is the home care franchising world doomed by tech-enabled home care? First clue: Google’s $46.6 million investment in June in Care.com (child, elder and pet care to housekeeping). Then the Honor jaw-dropping investment of $42 million in Series B. The home health industry is a "fragmented" system that Honor aims to fix, according to its new investor and the Business Insider article: There are an estimated 2.5 million home care workers out there, and about 12,400 home health agencies managing them all.  According to "Thrive VC Kareem Zaki, he told Business Insider that it was important that Honor owns the whole system." And per Seth’s vision for the platform, he said: “It'll be like a car: There's a lot of complex technology going on behind the scenes, but driving the car is easy enough for anyone to do."

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Five New Technologies for Caregivers and Older Adults, July, 2016

What are the rules and what are the criteria? Look through these grouped press releases -- all posted here because they (or at least the reminder-to-drink-water concept that is represented) could/should be useful to an older adult or someone who cares for them. It is intriguing that we are at a perceived point in technology utilization for app-to-app communication between an adult child and parent. Also Tochtech is reminiscent of Cookstop, noted here in 2011.  Comments are welcome.

eCare21 expands to Florida

06/06/2016

eCare21 has opened an office in Florida to address the growing needs of the rapidly expanding retiree population in the State of Florida who are demanding more cost effective solutions to monitor and improve their health and wellbeing. eCare21 is quickly being accepted as a easy to use app with a powerful platform that first encourages and empowers self-care and then allows users to invite others into their private Community of Care.

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Senior home care app honoured with People’s Choice Award 

06/16/2016

CareCrew has been awarded the People’s Choice Award of the Hacking Health Design Challenge at the national e-Health Conference in Vancouver on Tuesday, June 7th.

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