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Telehealth-RPM-Virtual Visits-Voice Health

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Telehealth-RPM-Virtual Visits-Voice Health

Five years of AgeTech trend reports – worth a reminder

Monitoring the AgeTech market, one major trend at a time.  One of the key roles of an industry analyst is to detect and predict new trends that will make a difference in the lives of older adults. Consider the five year sequence of reports below, from oldest to most recent, from the introduction of voice tech to the Covid-driven rise of telehealth to smart homes to wearables to sensors to the current research underway (stay tuned!) about The Future of AI and Older Adults. The uptake of ‘voice first’ (versus ‘screen and keyboard first’) technologies in 2018 was a very big deal. It now seems obvious that people expect multiple modalities interaction with a technology. Now 100 million Americans own at least one smart speaker – now AI technology will enable the next generation of user interactions. Here are those reports:

Cordio Medical HearO™ Voice Signature Technology Demonstrates Superior Standard of Care for Heart Failure Patients

03/28/2023

NEW YORK, Nov. 29, 2022 /PRNewswire/ -- Cordio Medical, a market-leading medical speech processing platform, shared key findings in the HearO™Community Study: Remote Speech Analysis of Hospitalized Patients with Acute Decompensated Heart Failure that assessed remote speech analysis through the Cordio HearO™application. 

From CES 2023 (2 of 2) - Six more tech offerings that serve older adults

It’s possible to participate in CES – and not be a startup.  While startups were MANY that sought a presence in the older adult technology marketplace, now known as AgeTech, many firms were there who had been at CES before. They went back because of the business benefits of being at the show, post-pandemic, with a chance to interact with some of the 115,000 attendees.  Observers can also watch the whole thing after the fact, like many from around the world will do. Here are six prior attendees in the older adult, wellbeing category that serves older adults. All information is from press releases or the company websites.

What should Alexa Together do?

Amazon's Alexa Together was introduced at the very end of 2021 (just over one year ago!)  for remote monitoring of older family members. The product name choice was outstanding, even inspired, suggesting that using Alexa – a popular voice interface, made it possible to connect family members and to be aware of issues they might have when home alone. This was one of a series of ‘ambient’ offerings in the market (Vayyar Care, KamiCare, and Origin Wireless, among others).  This ambient technology (‘immersed in your surroundings, ready to help without any prompting’) was in contrast with wearables that required the user to do something – press a button to call for help. 

Older Adults Embrace Telehealth as a result of Covid-19

12/05/2022

SAN DIEGO, Calif. – February 24, 2022 – Independa, an award-winning TV-based platform providing remote engagement, education and care, today announced the results of their second-annual commissioned survey of U.S. adults caring for their older adult parents.

The cost of long-term care -- could technology help lower it?

What care delivery has seen an uptake in technology adoption? People imagined that post-Covid-19, technology would become much more compelling in all types of care delivery. And for sure, the pandemic institutionalized the role of in-home telehealth, with CMS reimbursement presumed to become permanent, or at least regularly renewed. In fact, 23% of respondents to a government survey had used telehealth during a 6-month period in 2021. Also for sure, the use of healthcare portals has seen increased penetration – in 2020, 60% of patients in the US were offered access to a portal, and 40% accessed their records through it.   

Connect America Unveils Industry-First Enhancements to Connect America Home™ Platform

11/10/2022

BALA CYNWYD, Pa., Nov. 10, 2022 /PRNewswire/ -- Connect America, the nationally recognized innovator in connective care technology to empower seniors and vulnerable populations to age gracefully in place, today announced several enhancements to its Connect America Home™ platform. This next-generation, AI-enabled digital health and safety platform provides secure, non-intrusive, continuous monitoring with emergency and non-emergency support to help everyone live safely, independently, and well at home.

The Future of Sensors and Older Adults 2022

Over the next five years and beyond, the care industries will make more effective use of sensor technologies, which will benefit from device compliance with new standards and expansion of Wi-Fi access at home and in senior care. The introduction of ‘Edge computing’ in which device data is analyzed closer to the user.  Older adults will benefit from the ubiquity of voice, AI and camera technology in their home/residence of choice.  The cost of care will be rightsized – matching care capacity and improved wages for workers.

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