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Market Overview for Technology for Aging in Place

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THRIVE INNOVATION CENTER ANNOUNCES GRAND OPENING

LOUISVILLE, Ky. - Through a public-private partnership, the Commonwealth of Kentucky and Louisville Metro, along with IT solutions provider CDW Healthcare, technology companies Samsung, Intel, Aruba, a Hewlett Packard Enterprise Company, Lenovo, Ergotron and key healthcare stakeholders have worked together to launch the Thrive Innovation Center.  The Thrive Center is a nonprofit innovation center focused on the needs of the aging population.  Its mission is to transform the quality of life and quality of care through innovation that promotes healthy aging. 

Opening ceremonies and ribbon cutting will take place at the Thrive Center located at 204 E. Market Street, Louisville, KY, on October 19, 2017, at 3:30 p.m.

The astounding growth of the aging population has caught the attention of key industry players that would like to transform the landscape of “senior care”.  There are over 111 million U.S. citizens age 50 plus and 46 million ages 65 and older.  It’s been projected that the 65 and older population will rise to 98 million by 2060.

“The Thrive Center positions Louisville, with our commitment to innovation in all areas, to be a national leader in the growing field of aging care.  Its emphasis on the power of collaboration between citizens, entrepreneurs, businesses and their government is a welcome addition to our community,” said Mayor Greg Fischer.

The Thrive Center has been created as a thematic experience center where the consumer can engage in programming and innovative technology solutions and products.  With an estimated 5 million Americans living with Alzheimer’s disease and that number expected to nearly triple by 2050 to 14 million, the Thrive Center has chosen Memory Care (dementia, Alzheimer’s disease and cognitive fitness) as its opening theme.  Technology entrepreneurs and innovators were challenged to create programs and interactive experiences around the memory care theme.

“We are excited for the opening and encouraged by the collaboration and investment of key industry players.  Our passion will drive the Thrive Center and we openly embrace innovation as the means to transform senior care as we know it today,” said Thrive Center CEO and Executive Director, Sheri Rose.

CDW Healthcare is a key partner for the new center. It has provided IT solutions and services to create a robust and highly secure IT infrastructure that will support the organization’s mission.  CDW Healthcare also collaborated with technology providers and partners Samsung, Intel, Aruba, and Lenovo in building out and equipping the center.

“CDW Healthcare is excited to partner with the Thrive Innovation Center in advancing its mission to promote healthy aging through innovation.  The center will provide a unique environment to collaborate around the goal of powering better care through technology.  As a trusted partner to healthcare organizations of all types – including senior living communities, CDW Healthcare looks forward to working with the Center, our technology partners, and the community on this important mission,” said Bob Rossi, Vice President of Healthcare, CDW Healthcare.

The Thrive Center expects to convene conversations and programs around senior care, where the entrepreneur can engage with the senior care industry, researcher and consumer.  There is no other place better than Louisville and the Thrive Center, where innovation will be embraced and collaboration encouraged among the stakeholders who have the passion and ability to transform the lives of the senior care population. 

It’s important to note that Louisville is the world’s largest hub for aging care.  Louisville is also home to the corporate headquarters of national senior care companies, such as Signature HealthCARE, Kindred Healthcare, PharMerica, who, along with local companies Delta Dental of Kentucky, Hosparus Kentucky, Nazareth Homes, Masonic Home Kentucky, and Western Home Communities in Iowa, support the Center.  With Louisville aging care companies producing over $50 billion in annual revenues and employing over 21,000 employees in the aging care market, it’s obvious why the Thrive Center was a strategic investment for many in Louisville.

“When Signature HealthCARE moved to the post-acute capital of the world, we dreamed of a collaborative place where everyone could engage the consumers, host the conversation, and drive collective change and envision a new future,” said Joe Steier, President and CEO, Signature HealthCARE.

 

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About Thrive Center Inc.

The Thrive Center Inc. is a nonprofit 501©3 technology innovation, and educational center designed to enhance the quality of life for those aged 50+.  Located in the heart of NULU in downtown Louisville, KY, the center occupies 7,500 square foot space that features innovative technology exhibits, specialized programming to enhance elder wellness and a series of educational programs for the community.  Through its innovative products, dynamic programming for elders and clinical assessment tools, the Thrive Center is poised for global impact as a cutting-edge innovation facility to promote healthy aging.

www.thrivecenterky.com

info@thrivecenterky.com

204 E Market Street, Louisville, KY  40202

Monday, August 28, 2017

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