Imagine the coordinated care scenario that includes…home care. In July of 2012, The Future of Home Care Technology was published, based on interviews with 21 industry executives and a survey of 315 home care managers (including non-medical care, home health care, geriatric care managers, organizations and franchises) who represented 34,509 workers across multiple states. And as market research reports tend to do, this one tries to predict the future use of technology. It s worth a look back, both to re-read a much-downloaded report and place it in 2016 context of actions, announcements, and industry change.
Staying up-to-date by rounding up recent announcements. As the recently published 2016 Technology Market Overview noted, most older adults will remain in their own homes, served by home/companion and home healthcare providers and assisted by a variety of tech-enabled products and services. Over the past month, new offering announcements have that can help seniors, care providers (family and professional) meet the objective of remaining at home. Here are five, noting as always, that all material is provided from the websites/announcements from the companies themselves.
The Home Health Technology Summit will take place March 13-15 at the Hotel Monteleone in New Orleans, offering tailored education on the technologies that homecare providers can leverage to transform business and care.
From PERS to remote patient monitoring to telehealth, technology has the potential to make homecare providers a differentiator in post-acute care.
A look back to look forward. Consider the context for 2016 innovation, despite (or as a result of) a still-erratic economy, and smaller-cheaper-better base technologies. At the same time, the assisted living industry watches residential age climbing – over half now are 85+. So the desire (or perhaps the only option) to age at home has further intensified. That has created opportunities like the AARP and Leading Age funds; research initiatives like Baycrest and Philips AgingWell; and startup pitch events like Louisville Innovation Summit, or Aging 2.0. Based on looking back at 2015, here then are five categories of trends for 2016:
Remember the Cyberdine demo of HAL at ASA some years ago? The Hybrid Assistive Limb (HAL) was designed by a venture firm in Japan to help a wheelchair-bound individual stand and move. It was very cool. It was priced at that time (2009) at around $5000. By 2014, the device could be rented for the equivalent of $1400/month. And now it has again been modified. This time, according to the WSJ article about Japanese demographics, the country needs its older laborers to work substantially longer. So a 67-year-old worker in the construction industry can stack wood just like someone half his age. Yay. And then there is the charming Pepper robot, selling for an equivalent of $1600, leading recreational activities in senior housing, charming the residents. In Japan, 13% of the population is 75+, and in another statistic, 15% of the 'elderly' population has dementia.