Market Overview for Technology for Aging in Place

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 “Alexa is an absolute lifeline. I’d be bored stiff without her.”

05/10/2019

Bad design reflects poorly on company (see  article about Apple) and hurts elderly.

05/09/2019

FinTech firms start to cater to older people and their adult children.

05/09/2019

That mark — a new all-time high — is a 15% increase over the previous year.

05/05/2019

Spend a fraction of the $8 billion invested in digital health companies alone last year.

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BlueStar SeniorTech Partners with Bellpal

01/29/2019

Rockville, MD (December 7, 2018) — BlueStar SeniorTech announced today that it will partner with BellPal of Sweden to provide BellPal’s unique medical alert system in the United States. BellPal provides a discreet, simple, and stylish watch to keep families and their loved safe and connected in the event of an emergency.

Ten Technology Offerings From CES 2019 - Beyond Gadgets

Bright Lights, thick smoke, constant walking and avoidance maneuvers.  After taking a year or two off, returning to CES is a chore and a revelation – it clearly is the major event for new technology announcements. Gadgets, yes, too many smart wearables, including underwear, too many near misses of being run over by gangs of oblivious young guys staring at their phones. If there was a key trend in all of this racket, Sleep has become a tech obsession, the uptake of Digital Health is almost here, new variants of companions and assistants were pervasive, including Google Assistant inside everything and Amazon voice devices everywhere.

Philips Cares App Launches to Digitize the Aging and Caregiving Experience

01/08/2019

Role reversal, complexity and cost put tremendous strain on families as they go through the challenges of aging.

How the media loves to talk about loneliness among older adults

Shall we take this WSJ article at face value? Rant on. From yesterday’s Wall Street Journal – pops up a dramatic headline, The Loneliest Generation, describing how baby boomer Americans, more than ever, are aging alone. Did you know that ‘social isolation’ has become a named baby boomer health condition, spiking Medicare costs by an additional $134 per enrollee – tucked into the list that includes arthritis (+$117 of cost) and diabetes (+$270), source AARP?  Most of that additional spend was on nursing facilities and additional hospitalization.  Hmm.  What’s wrong?

To help seniors in 2017 and beyond, monitor person AND the place

An age-old and old-age question. When this blog was launched in 2009, one of the opening salvos raised the question of sensors in the home or a PERS device on the body? Looking at that post, the companies have mostly changed.  In the monitor-place corner, Healthsense’s eNeighbor is now Lively Home, part of GreatCall. QuietCare was eventually folded into Care Innovations. Monitoring the person, Halo Monitoring became an offering as part of one of the earliest mobile PERS companies, MobileHelp.  Monitor the place argument was based on the reality that seniors don’t always wear the pendant.  Monitor person acknowledged that seniors leave the place and are out and about. Both are crisp, make good presentations and set up message for selling. Both are inadequate arguments for what older adults need, and what providers of all types should provide.

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