No new technology -- huh? Sometimes ya gotta wonder. Listening on a call to a group of senior housing executives recently, I was intrigued by the comment of one of them: "There isn't any new technology." The context was a rationalization of the technology areas they are currently engaged in (home monitoring, senior communication). I was reminded of that old cliche: "You snooze, you lose." In this as in all technology categories, every day an entrepreneur wakes up and says to themselves, 'I can do that.' I know -- I hear from them.
Leading Senior Care Provider Announces New National Partnership Agreement makes innovative emergency response system available to families across the nation
Pricing matters -- and for senior-housing sales, it's unrealistic. Looking forward today to the Boomer Venture Summit event here in California, where the sun is shining and the San Jose airport is filled with signs of tech this, enterprise that. But I have also heard this week about stalled deployments of tech projects in the non-profit senior housing sector due to low occupancy, confirmed in this May 28 investor report.
BALTIMORE, MARYLAND (May 26, 2010) – Ankota, Inc., a Healthcare SaaS company, has launched Family Connect, an innovative software product that enables healthcare professionals and homecare agencies to provide real-time information to family members about their loved ones’ health and well-being. Taking as little as 3 minutes a week per patient, an agency can provide critical information directly to families - monitoring data such as activity level, state of mental health, daily routines, exercise, overall energy, eating habits and week-to-week changes. Secured updates are sent via e-mail
Product potential and interest is there. Within the past few weeks I have been briefed by no fewer than 10 firms about products/solutions being developed to serve the 'aging in place' consumer -- a few are launched: they represent some combination of offerings for senior, caregiver, provider -- with and without devices directly in the home.