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senior living

To connect older adults, when will a trend convert to a mandate?

Since the start of the Covid-19 pandemic, tech nice-to-haves have become critical.  Between boosting the deployment of telehealth technologies, once-delayed initiatives became instantly late. Consumers are on board with telehealth, and engagement technologies like smartphones and tablets are offered through Medicare Advantage, plus a wave of other pandemic-related tactics and free offerings appeared.  Thousands of smart speaker devices have been delivered to senior living communities.  Note that PACE programs for frail and low-income elderly are now directed by CMS to use remote technology for "activities that would normally occur on an in-person basis," such as scheduled and unscheduled participant assessments, care planning, monitoring, communication, and other activities.”

K4Connect Raises Additional Capital to Close Series B Funding of $21M

07/08/2020

RALEIGH, N.C., July 8, 2020 /PRNewswire/ -- K4Connect, a mission-driven technology company that integrates the best in technology to serve and empower older adults and those living with disabilities, today announced a financing raise of $7.7 million led by Forte Ventures. This financing officially closes K4Connect's Series B round at $21 million, bringing the company's total outside venture funding to-date to $31 million.

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K4Connect and Pryon Bring the Power of AI to the Senior Living Industry

06/29/2020

RALEIGH, N.C., June 29, 2020—COVID-19 continues to put older adults at unprecedented risk. To improve the lives of seniors by empowering caregivers with answers to important questions, K4Connect, a mission-driven technology company that integrates the best in technology to serve and empower older adults and individuals living with disabilities, is partnering with Pryon, an AI company focused on augmented intelligence for the enterprise, to bring the power of AI to the senior living industry.

The growth of telehealth is a plus for seniors – if they can use it

https://locatemotion.com/remote-patient-monitoring/Telehealth – the genie is out of the bottle.  In March, the government announced expansion of telehealth access, noting that it would raise the reimbursement rate for telehealth visits during the Covid-19 pandemic to match the doctor’s rate for in person visits, as Seema Verma, the head of CMS noted: ‘the genie was let out of the bottle’ and won’t likely be put back in. The regulatory change enabled "the use of smartphones, video conferencing platforms such as Zoom, and messaging services like WhatsApp; and the ability to provide care across state lines in 48 states."

Will technology become standard in nursing homes and senior living communities?

The articles are beginning to appear here and there.  In the time of Covid-19 lockdowns, some are talking about an increasing use of technology in their nursing homes. Others are discussing the race to enable ‘televisits’ -- noting outreach from AARP to CMS to boost the requirement for enabling technology in nursing homes.  And numerous other articles have appeared that showed nursing homes receiving donations of technology. The State of Florida gave tablets to 150 nursing homes. The attorney general of Massachusetts supplied 750 tablets to nursing home residents. And Texas provided $3000 per Texas nursing home for tablets, webcams, and headphones. The pictures associated with some of these introductions of technology were bleak. Fortunately, some states are now allowing families to visit residents in designated areas outside.

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