Surprise (maybe) – Philips puts Lifeline business up for auction. How do I know this? Not from any news article other than PERS Insider, a newly created newsletter for those who track the medical alert industry. Probably given the Q1 profit drop, they had to do something about the steep revenue decline of their Personal Health businesses. You may not remember that Philips acquired the Lifeline business in 2006 for $750 million. What did they get for that investment? The leader in the “Medical Alert/Medical Alarm/PERS space.” You pick the term -- or let the search engine do it in order to show you each paid ad after paid ad.
You see PERS news releases on occasion. PERS -- Personal Emergency Response System -- is a long-time market dominated by pendants worn around the neck. Recently Parks Associates sized the PERS market to be $1.1 billion by 2024 -- others think it is a $3.1 billion market today. Also early in the year, Vidapoint was announced as a 'global' low cost offering. LifeStation announced Mobile LTE, small and fast, a pendant linked to a sizable 24-hour call center. Then in April, Verizon does it again, launches a PERS, this time a smart watch offering, called the Care Smart Watch for seniors. Let us remember Verizon’s last short attention span for this space. Its Sureresponse™ PERS pendant was new in this research conducted in 2012. The quotes are from executive Jonathan Hinds who departed in 2014, not coincidentally when Verizon stopped selling it. Sureresponse was mostly erased from the Internet by 2016, except for user documentation, online reviews, some not so hot.
BASKING RIDGE, N.J., April 16, 2020 (GLOBE NEWSWIRE) -- Staying connected with loved ones has never been more important. Today, Verizon introduced the Care Smart watch, designed for seniors to keep them connected while giving their loved ones peace of mind. The watch comes with its own phone number and a companion app (Verizon Care Smart), creating a simple way to stay in close contact with friends & family members. Starting April 16, you can preorder the Care Smart watch for $149.99 and receive $50 off with the purchase of a smartphone.*
LifeStation, a leading provider of medical alert monitoring systems and connected health solutions for aging seniors and caregivers, has announced the launch of LifeStation Mobile LTE, the most advanced mobile medical alert device in the industry.
Global Wireless Health Limited (GWH) introduced Vidapoint™, a comprehensive yet cost-effective personal emergency monitoring solution for delivering help to elders -previously not available many places in the world. As a result it will help more organizations control and reduce the costs of potential elder injury and recovery and care–especially from falls.
UNION, N.J., Dec. 5, 2019 /PRNewswire/ -- LifeStation, a leading provider of medical alert monitoring systems and connected health solutions for aging seniors and caregivers, has announced the launch of LifeStation Mobile LTE, the most advanced mobile medical alert device in the industry.
Surprise (maybe) – Philips puts Lifeline business up for auction. How do I know this? Not from any news article other than 
You see PERS news releases on occasion. PERS -- Personal Emergency Response System -- is a long-time market dominated by pendants worn around the neck. Recently 