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Independa: Heath Survey: Most Older Adults Cut Back on Essentials to Afford Medications

11/21/2024

LOS ANGELES, Calif. – November 21, 2024 Independa, an award-winning platform for remote engagement, education and care, today announced the findings of its 4th Annual Health

Survey. This survey polled over 1,000 U.S. citizens aged 55 and above, providing insight into the financial challenges affecting healthcare decisions among older adults and the increasing role of telehealth services in the lives of older adults.

Remote monitoring – a tech whose time is now and ongoing

Sensor-based remote monitoring of older adults – a good idea in 2009.  That year, GE acquired the sensor-based monitoring technology, QuietCare from Living Independently Group (LIG). Sensors could be placed around the home and alerts transmitted about the older adult – across multiple rooms, motion, and lack of motion could all be detected without a wearable. At that time, the ‘home health monitoring’ market was projected to grow to $7.7 billion by 2012. That did not happen, but fast forward to 2023 – market sizing indicates a sizable ‘remote health monitoring’ space. In the 15 years since the QuietCare acquisition, much has happened – although many players left the space when it was unclear how to make money in it.

Surveys about tech usage -- and other blog posts from August 2024

Surveys were released recently that trigger some debate.  Consider whether the low adoption of health-related tech is due to flaws with the tech or with the survey questions?  AARP’s responders only had notable interest in fitness apps, though 63% of responders had chronic conditions that could usefully be monitored or mitigated by apps if the survey took a deeper dive. Do we really know from this non-specific survey whether older adults are trying them out? Up next was the Best Buy survey of consumer health tech – and again some irony in the responses.  Sixty-seven percent of the 65+ responders said that staying in their homes is a top priority. Yet when asked about the utility of monitoring technology for use in later life, the 65+ segment was the least interested among age cohorts, a clear “What me, worry?”  Here are the blog posts from August 2024:

How about health tech use by older Americans?

Older adults today are beneficiaries of widespread tech access. And it really does fulfill the 2011 prediction in the AARP report, Connected Living for Social Aging.  Broad access to online capabilities was imagined by experts when that report was written.  They knew that someday high speed Internet access, widespread use of social networks, online access to food delivery, health appointments, shopping, holding video gatherings with families at holidays – all taken for granted now, but then it was just a dream. The good news is that most older adults take advantage of these and many capabilities today. Internet access today is being delivered out to remote rural areas – and most of the 65+ will soon be connected. Then what is the next quality of life frontier for older adults?  

Life365 and Canary Speech Join Forces, Leveraging Patented Technology to Scale Healthcare Delivery

04/01/2024

SCOTTSDALE, Ariz., April 1, 2024 /PRNewswire-PRWeb/ -- Life365, a leader in virtual care, remote patient monitoring (RPM), and patient engagement, and Canary Speech, a developer of vocal biomarker technology forging a new era of machine learning in healthcare, have partnered to scale new, proactive care technologies to large populations of patients cost-effectively, by leveraging the Microsoft Cloud for Healthcare platform. Life365 and Canary Speech hold extensive patent portfolios that include core technology involving wearables and sensors and AI / voice biomarkers.

2024 Market Overview Technology for Aging, January, 2024

This report was revised in January of 2024. It was updated to reflect trends, demographic data about older adults, policy changes, new products and services as well as inclusion of available data about what tech they own and/or prefer. The final section with examples includes 30 offerings and services new for this report, indicated by **.

The care future for older adults needs housing and tech support

The Harvard study describes a bleak care future. And the NORC study underscores the housing problem for the Forgotten Middle. Life expectancy for the 65+ is another 20 years on average.  But only 14% of Americans can afford long-term care in the home. And if they could afford it, only 4% of their homes are aging-ready. Nor are they telehealth-ready – where 36% of Americans do not have high-speed internet in the home. For low-income individuals, home and community based services may have a 3-year wait to obtain them. Further, 42% of women aged 75+ live alone

CareYaya Health Technologies Advances AI-Enabled Eldercare with Acceptance into Prestigious Harvard Innovation Labs

12/06/2023

CareYaya Health Technologies today proudly announced its acceptance into Harvard Innovation Labs to accelerate development of TapestryAI, an artificial intelligence-powered platform set to transform legacy preservation and reminiscence therapy for elderly populations.

HANDSFREE HEALTH ANNOUNCES NEW AI WELLNESS CAPABILITIES

10/25/2023

WAYNE, Pa., October 25, 2023/Press Release/ ‐‐ HandsFree Health™, provider of WellBe® – a secure, HIPAA-compliant, voice-enabled virtual assistant platform announced today a series of significant AI wellness capabilities – sentiment analysis, behavioral pattern assessment and predictive decision support. These AI features are designed to monitor an individual’s emotional and physical health and well-being
without human input. Sentiment analysis in conjunction with behavioral pattern

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