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28 percent of patients offered home health care say “no” to those services.

Market Overview for Technology for Aging in Place

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Six new technologies for health and aging in place -- June 2017

Recent announcements, interesting offerings are worth a look. AARP recently completed the judging process for its Innovation Champion Awards; and upcoming, the Boomer Venture Summit in Berkeley in July, will select business plan startup winners – see last year’s winner.  Here are six technology-enabled offerings (some in market, some in process of getting to market) that can be helpful to older adults and those who care for them and about them (listed in alphabetical order): 

Say it ain’t so -- will boomers age into a technology divide?

Boomers and technology – it’s a given.  Yesterday yet another baby boomer reporter asserted what is believed by many to be the obvious.  Baby boomers will not be tech-phobic (presumably like their parents) – but will be willing and able to use the newest technology in their later years.  What’s the proof?  They use it now – for example, 83% are using the Internet, look at Facebook pages for health information, form social connections, research online, etc.  And baby boomers, many of whom are now ‘seniors’, expect technology to help them remain independent as they age. This is such a significant possibility that tech designers are actually encouraged to consider them when designing a new product.

Spry Health raises $5.5 million to fuel commercialization of its medical-grade wearable

06/19/2017

Palo Alto, CA  June 15 , 2017 (NEWSWIRE) -- Spry Health, a leader in health management technologies and remote patient monitoring, announced today that it has raised $5.5M in Series A financing led by Grove Ventures. Joining Grove Ventures in this round are existing investors OVO Fund and Think+ as well as new investor, the Stanford-StartX Fund. This round of financing will be used to fund commercialization of Loop, Spry Health’s disease management platform. Mr.

HomeHero Founder Launches Telehealth Company named 'Harvey'

06/07/2017

HomeHero, the venture-backed home care startup that shocked the industry by announcing it was closing earlier this year, is rebranding as an integrative medicine telehealth company called “Harvey.”

Technology and Aging Developments – April 2017 Newsletter

April -- a veritable shower of data, press announcements, and pitches. It was a short but information-filled month of events, announcements, pitches.  The month marked our first foray into the American Community Survey Census data about technology usage of older adults. Much more is possible with this data – including greater inspection of housing, family structure, income as correlated with technology interest (including telehealth).  Each of the April blog posts can be (re)read in full by clicking on the paragraph heading.   

Samsung Electronics America Chief Medical Officer highlights digital health priorities (Q&A)

Samsung has shown a keen interest in digital health with collaborations such as virtual reality technology to ease pain and anxiety and artificial intelligence for stroke patient clinical decision support. Samsung Electronics America Chief Medical Officer Dr. David Rhew detailed some of the company’s digital health priorities as well as how it is working with provider partners and startups in emailed responses to

Six technologies from American Telemedicine Association (ATA) 2017

In 2017, has telehealth and remotely-delivered care evolved? Compared to our published research dated 2011, times may have changed. As surveys have indicated, the healthcare industry is interested and more committed to mainstream use of telehealth technologies.  And telehealth vendors want to help doctors and patients gain mutual benefit of care provided at home versus hospital, especially to lower care delivery costs; augment care for patients in locations far from a specialist or during off-hours; and continue growing the ability of patients and families to self-monitor chronic disease.  In 2016, CMS published a list of covered telehealth services, and no doubt commitment to cost reductions (and reimbursements) in the coming years will result in an expanded list and further industry commitment.  Perhaps ATA's smaller conference will evolve to become part of other sets of conferences, like Connected Health in Boston or part of the ever-growing HiMSS conference collection.

LG CNS Healthcare Solutions Announces Second Annual Healthcare Innovation Challenge for Telehealth

04/19/2017

Grant award recipients will receive a range of technical and consulting services to help their ideas become reality, including the production of video case studies and presentation materials, training, and marketing support.

Technology and Aging Developments - March 2017 Newsletter

March madness – a plethora of posts – a newsletter recapping them. So many topics mandated a discussion, some analysis or insight.  So the unusually long month of March meant an unusually long list of seven blog posts, including several involving examinations of data and new terminology (the paid Caregiver Support Ratio (pCSR), for example)  that invite scrutiny and can be very useful for companies in the age-related market segments.  As March winds to a close, here are the month’s posts, of particular use to those who didn’t see them at the time of posting – each of these is summarized with the full link in the heading.

With $30M in new funding from Omron, Mayo Clinic, AliveCor launches new AI-powered provider dashboard

03/16/2017

Smartphone ECG company AliveCor announced $30 million in new funding today, led by the Mayo Clinic and Omron Healthcare. At the same time, the company launched Kardia Pro, its first provider-facing offering, which uses AI to give cardiologists only the relevant information about their patient's ECGs.

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