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Market Overview for Technology for Aging in Place

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social isolation

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social isolation

Humana Program Encourages Socialization Among Seniors

09/26/2018

New findings from insurance giant Humana (NYSE: HUM) show that nearly 31% of Americans over the age of 65 don’t feel socially engaged. Social isolation has been a prevalent issue for many home health care and home care companies in the U.S. Such companies as LHC Group (Nasdaq: LHCG), FirstLight Home Care and Lifesprk have been working to find solutions to the issue.

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ORBITA AND AARP WILL STUDY EFFECTIVENESS OF AI-DRIVEN VOICE APPLICATIONS THAT IMPROVE REMOTE PATIENT MONITORING AND REDUCE SOCIAL ISOLATION

05/31/2018

Boston, MA – May 31, 2018 – Orbita, Inc., which provides a first-of-its-kind technology platform for creating health-care specific voice and conversational AI solutions, today announced a collaboration with AARP  to study remote patient monitoring and reduce social isolation.

Ageless Innovation New Joy for All Companion Pet Tuxedo Cat

07/13/2018
Pawtucket, R.I. – July 12, 2018 – This summer, Ageless Innovation LLC will bring even more joy and companionship to older adults and their caregivers with a new version of its Companion Pet Cat. The Tuxedo Cat, with distinctive black and white markings, was created in response to popular demand from consumers for a cat that more closely resembles real ones they’ve known and loved.
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Narrowing the price gap between hearing aids and PSAPs

The hearing aid industry offers pricey hearing aids for people with ‘defined’ hearing loss.  The FDA wants you to understand that it regulates hearing aids – which it defines as helping the medical condition of hearing loss. The FDA then observes “sound amplifiers for consumers with no hearing loss who want to make environmental sounds louder for recreational use.“ Recreational ? Hearing aids that they do regulate are now made by a small number of companies and are sold with audiologist services for $1000 up to $4000 per device – most people need two – and have a lifespan of up to 7 years.   That price includes a hearing test, fitting, initial batteries and more.

Health-Care tech for seniors – not well served by the Wall Street Journal

Skip the tech – listen to the experts interviewed – first robots.  The good news – this week’s Health Care Technology supplement transcended the limits of doctors and hospitals – and dabbled in the dilemmas of elder care – included technology to assist those with dementia and mitigate loneliness.   The bad news -- another in a long line of 'robots and chatbots look after the elderly,' with promotions of those oft-promoted Care.coach and ElliQ, adding Catalia Health’s cute Mabu. These are worthy experiments – and not wanting to be left behind, there are always health organizations eager to see what the fuss is about. Says USC researcher, Maja Mataric: "Robots give patients the illusion of having a physical companion…it isn’t actually very hard to project empathy (Mabu)...Empathy is what you do, not what you feel."   Really?  How comforting.

Consumer Cellular Launches GrandPad, Developed to Reduce Isolation and Loneliness Among Seniors 75+

05/14/2018

 Consumer Cellular, the no-contract wireless provider ranked “Highest in Customer Service among Non-Contract Wireless Providers, Four Times in a Row” by J.D.

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