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Best cities for technology-assisted living

08/12/2015

Today Redfin (www.redfin.com), the next-generation real estate brokerage, released a list of the 10 best cities for technology-assisted living, which are places where it’s feasible to use technology-based services like Carelinx and Instacart to age in place, rather than moving to an assisted living facility.


Five technology announcements from the 2015 White House Conference on Aging

WHCoA attracted buzz, hopeful announcements and new offerings.  This event was a follow-on to the previous every-decade White House Conferences on Aging -- the most recent of which was the 3-day 2005 White House Conference on Aging. That conference was developed in a hopeful and financially booming time in the US -- its focus was on the pending retirement of the baby boom generation. Today, the economy is not sizzling and since 60 is now the new 50, many of those boomers have not yet retired. Or they've retired from -- or lost -- one job and are now starting a business. The 2005 conference was the first one that had an exhibit hall devoted to technology. This conference was less about a place and more about regional meetings viewings/discussions of the topics and this single day event.   However there were a number of tech-related announcements released in conjunction, including:

Six recent product announcements in the PERS market

What’s new with PERS?  For several years now pseudo-statistics have been floating about the long-standing PERS market – asking the same question over and over hasn’t changed the paraphrased answer: 'The market is approximately $1.5 billion in the US and changes very slowly. Is it true that only 10% of the purchased devices are mobile – that is usable away from the home? Insiders today say that 20% of the sales are for mobile devices. So what else is apparent and new with the PERS space in the past four months -- from the companies own material:

As boomers age, they should be considering diabetes health management tools

Digital tools for diabetes prevention and management.  Population health statistics about diabetes are alarming health professionals, particularly concerning today with 26% of older adults having diagnosed (16% of baby boomers and 27% of seniors) and even undiagnosed diabetes. So there's no surprise – innovation is wanted and much needed. New technology startups are popping up all around to help prospective patients prevent the onset of diabetes – and/or manage it more effectively. While some research casts doubt on the sustainability of these tech interventions, that doesn’t stop new entrants from jumping into the fray. Here are six of the tools available – with descriptions from news articles, smartphone-ish vendor sites or far more informative press reports. Would seniors use these?

2015 Silicon Valley Boomer Venture Summit Announces Finalists

06/19/2015

SANTA CLARA, CA – The Silicon Valley Boomer Venture Summit announced today the six finalists of the Business Plan Competition, which entices entrepreneurs from around the world to showcase their innovative ideas, products, and services for the Boomer and aging market.  The finalists will present their plans at the 12th annual summit, to be held June 30 at Santa Clara University.

Can anyone make money with designs that are just for seniors?

The more innovation there is, the more some things don’t change.  Stroll through this Aging 2.0 Summit link – and you will see pages of logos of new, newer, and newest companies trying to make a technology or product that could be used to serve seniors – or perhaps help those who serve them. Or the AARP Health50 Live Pitch, or the Stanford Longevity Design Challenge or the Quintiles competition at Wake Forest in North Carolina. Yet again and again, the question bubbles up – can firms make money creating and selling technology or other innovations specifically designed for seniors?  

Identity theft is a big deal -- and it's too late to stop it

Had your identity stolen lately? Oh well, you probably did. A few months ago, California’s Anthem Blue Cross admitted that someone had stolen 80 million health records, complete with name, address, SS # and more. A certain amount of self-congratulation can be found in its letter to the 80+ million: "The information accessed may have included names, dates of birth, Social Security numbers, health care ID numbers, home addresses, email addresses, employment information, including income data. We have no reason to believe credit card or banking information was compromised." What a relief. But with the ‘minimal’ data stolen, the thieves got busy and filed for tax refunds from the IRS, which helpfully encourages direct deposit of the refund. TurboTax halted its electronic filing process recently due to likely fraudulent filing. And the IRS, which admits to weak fraud detection tools, will issue refunds as a result of this travesty.  

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