Market Overview for Technology for Aging in Place

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Five Health and Aging Tech Posts from May 2019

What does it mean when offerings and consumers aren’t aligned?  For older consumers and their families, the technology market and senior housing industry are two cases in point.  Consider the slower-growing 8(8% occupied) senior housing industry – where in ten years, 81% of couples will not be able to afford the $60,000 average cost of assisted living (a number that does not reflect higher cost memory care). Or mull over the technology industry, which is releasing new versions of every category faster than you can Google them, filling voids like adding mouse for the iPad.  Why did it not have a mouse in the first place?  Oh, yes, and it is an accessibility feature.  Still no headphone jack on the phone.  Or creating a folding phone (without much testing) with a screen that breaks within days of announcement. Did anyone ask for a phone that folds?  So in that vein, here are five blog posts, mostly rants, from May, 2019:

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. Power, has launched GrandPad, a communications device developed specifically for seniors to prevent isolation and loneliness.


Five Technology Offerings for Older Adults -- April 2018

April Showers, Innovation and Spring flowers.  Tech companies and their partners continue to propel forward, with new ideas, innovations, products. Consider that April offered up the winners of the Stanford Design Challenge – a computer-integrated bicycle handle with blind spot warning and fall detection and emergency alert. Stay tuned for more innovation events upcoming, including the upcoming 2018 Silicon Valley Boomer Venture Summit in June. Here are the five offerings from April with all material drawn directly from the company's websites:

grandPad® Senior Tablet Announces Service and Support in Spanish

08/01/2017

grandPad® Senior Tablet Announces Service and Support in Spanish

 

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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.

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