Aging in Place Technology Watch

APRIL 26, 2022

PERS vendors seize the remote monitoring opportunity. The PERS industry also sees an opportunity to expand their offerings. One-time PERS company VRI switched to Remote Patient Monitoring (Vitals) several years ago – and was acquired last year by a healthcare services company. Note that the oldest baby boomer is now aged 76.

Medicare 125

Medicare Telehealth Public Health 125

Aging in Place Technology Watch

AUGUST 29, 2023

Since age data is widely available, and even well-organized lists are available for purchase , it is not surprising that phones of older adults ring multiple times per day. And the multiple cell phone calls that are silenced are labeled as ‘Potential Spam’ if out of area just keep coming, sometimes 9 per weekday.

Medicare 129

Medicare 129

Aging in Place Technology Watch

JULY 11, 2023

Philips launched its own Personal Emergency Response System (PERS) offering in 2005 through the acquisition of Lifeline Systems and gave up 16 years later, selling it to Connect America. Falls (and fear of) are the basis for the PERS industry’s existence. This is not a fun company – read the reviews about working there.

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101

Aging in Place Technology Watch

JUNE 1, 2022

PERS Insider helpfully listed the most common PERS Google searches. Should vendors improve their web marketing, as PERS Insider advises? This category (and its much-marketed terminology) is quite literally old news. Compare that to PERS $1-2 billion market. The result was bleak and informative.

Nursing 131

Nursing Medicare Telehealth 131

Health Populi

JULY 20, 2018

Wearable tech is an important category these days in department stores, with discount retailers like Target and Walmart, at electronics outlets like Best Buy and, of course, via Amazon’s wearable tech ma. The smartwatch category, with fitness tracking, is hot in 2018, some “smarter” than others. “Macy’s?”

Digital Health 195

Digital Health Medicare Telehealth healthcare technology 195

Aging in Place Technology Watch

MARCH 7, 2024

In 2014, there were 100 million individuals aged 50+, now 123 million in 2024, all reaching age 65 at the rate of 10 thousand per day. category tags: seniors and aging policy , hearables/hearing technology , smartphones In that respect, nothing has changed, except the investors, featured companies and presenters, of course.

75

75

Aging in Place Technology Watch

AUGUST 31, 2022

Death rates are rising, projected to be 7 up to deaths per hour for the 65+ by 2030. category tags: fall prevention, fall detection , AgeTech , baby boomers. The stats on death from falls are startling – especially for the 65+. And that falls are the leading cause of injury death among the 65+.

Nursing 131

Nursing Medicare 131

Aging in Place Technology Watch

FEBRUARY 17, 2021

Upending the Personal Emergency Response System (PERS) landscape. For the older adult segment, the Apple watch validated the prospects of a wrist worn mobile PERS device market – enticing legacy firms to jump in when they had had only a more obtrusive pendant device. Beyond PERS – enter the Internet of Behavior (IoB).

Digital Health 135

Digital Health 135

Aging in Place Technology Watch

AUGUST 17, 2022

Consider the high price (upwards of $6000 per pair), limited insurance company assistance, and much individual isolation, misery, and family frustration. category tags: hearables/hearing technology , hearing loss , baby boomers. Consider the now-known and studied connection between untreated hearing loss and dementia.

Digital Health 130

Digital Health 130

Aging in Place Technology Watch

DECEMBER 28, 2022

For older adults, that included the following potentially obsolete categories: Medical alert devices (fall detectors, communicators, etc.), The hearing aid manufacturers, already consolidating down to five, kept their prices so high ($3500 per uninsured ear) until 2022, while lobbying the FDA (no doubt with nit-picking detail).

Medicare 144

Medicare Interoperability Nursing 144

Aging in Place Technology Watch

SEPTEMBER 30, 2020

As a busy September wound down, new announcements in the voice first category were of particular interest. Not from any news article other than PERS Insider , a newly created newsletter for those who track the medical alert industry. The leader in the “Medical Alert/Medical Alarm/PERS space.” How do I know this?

Health Technology 105

Health Technology Digital Health Telehealth Nursing 105

Aging in Place Technology Watch

MARCH 13, 2024

See 2024 update Market Overview Technology for Aging ] category tags: digital health , healthcare , AgeTech , Aging, ageism Aging and older adults are low profile at both events. Both HIMSS and VIVE need to take a look at patient trends, not to mention the lack of integration of technology supposedly to help patients. [See

Digital Health 58

Digital Health Health IT 58

Aging in Place Technology Watch

JUNE 25, 2020

You see PERS news releases on occasion. In January, for example, Parks Associates sized the PERS market to be $1.1 Its Sureresponse™ PERS pendant was new in this research conducted in 2012. Perhaps its current market landscape has a set of PERS call center players already networked. billion by 2024.

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119

Aging in Place Technology Watch

MARCH 29, 2022

Another long-time PERS player sees a watch, makes a watch. Last January 2021, WaterStreet, a healthcare investment company, coughed up a mind-bending $100 million to Medical Guardian, a long time (2006) privately-held PERS provider, to ‘fund expansion.’ When Apple Watch launched in 2015 – pendant PERS (slowly) saw the future.

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124

Aging in Place Technology Watch

JUNE 16, 2022

First look at the job profiles in the Bureau of Labor Statistics and examine the median pay of $29,430/per year. The chances that both categories will draw from the same labor pool seem unlikely. category tags: Home Care , home health care , Skilled Nursing Facilities (SNF) , tech-enabled home care.

Nursing 139

Nursing 139

Aging in Place Technology Watch

NOVEMBER 15, 2023

Between 2017 and 2022, the population of 65+ increased substantially (10,000 per day until 2030) and the percentage without a computer went down substantially. category tags: computers, broadband, and social networking Broadband internet subscriptions went from 74% to almost 85%.

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99

Aging in Place Technology Watch

JUNE 19, 2018

Reviewing the past 10 years of blog posts ( from 2008 until 2018 ), in the beginning, consider the categories and innovations. But the PERS market, around since 1975 in the US , has repeatedly been predicted to be obsolete and about to be replaced with something else. Today, the PERS market heads north past $3 billion in the US.

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63

Aging in Place Technology Watch

SEPTEMBER 15, 2020

Not from any news article other than PERS Insider , a newly created newsletter for those who track the medical alert industry. The leader in the “Medical Alert/Medical Alarm/PERS space.” Okay, so that was about the in-home PERS customer, widely profiled by vendors as an 82-year-old woman living alone. How do I know this?

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122

Aging in Place Technology Watch

DECEMBER 20, 2023

This past year underscored the demographic changes that have brought an aging population -- turning 65 at a rate of 10,000 per day -- into the sight lines of investors, startups and health providers. category tags: caregivers , Home Care , senior living , AgeTech

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80

Aging in Place Technology Watch

NOVEMBER 8, 2022

It also tracks the time the clinician spends on each patient per month to facilitate remote patient monitoring billing." Learn more. category tags: wearables, smart watch , wearables , AgeTech , dementia care, cognitive decline. Clinical dashboard provides adherence and compliance information. Learn more.

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126

Aging in Place Technology Watch

JUNE 25, 2019

Imagine three overlapping ovals – a Venn diagram of markets – Active Aging , Caregiving , Digital Health – why is it that VCs mostly look the other way when anything with the word ‘aging’ surfaces, but jump ( possibly mistakenly ) when these other categories are mentioned?

Digital Health 85

Digital Health 85

Aging in Place Technology Watch

MAY 17, 2023

The more things change in the PERS/medical alert industry… Long ago (10 years, to be exact), a survey report plus future market predictions was published. category tags: Mobile PERS , fall prevention, fall detection , Remote monitoring , AI and machine learning Are we there yet? Is all of this good enough?

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69

Aging in Place Technology Watch

JUNE 10, 2019

According to an AARP Healthy@Home report from 2008 , the only home tech device that had any level of awareness (91% of responders) was Personal Emergency Response Systems (PERS). Assisted living costs averaged $36K per year, today they average $48K. Was this just too early for the home monitoring category? Compare to today.

Telehealth 108

Telehealth 108

Aging in Place Technology Watch

OCTOBER 19, 2022

What does it mean when a price drops from thousands of dollars for each hearing aid to $199 per pair? category tags: hearing loss , hearables/hearing technology.

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80

Aging in Place Technology Watch

MAY 12, 2022

Growth has slowed , but voice usage did not – 46% of Americans are accessing a voice assistant at least once per month. category tags: Voice First/AI/Voice Assistants , computers, broadband, and social networking , smartphones. Perhaps not surprising, but as of 2022, 36% of Americans own a smart speaker of some type.

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116

Aging in Place Technology Watch

DECEMBER 13, 2022

Devices like smart or PERS watches capture data -- a wearable notices a change in gait to a shuffle, or a Wi-Fi device notices a change in breathing. category tags: IoT and home monitoring , vehicle/transportation technology-services. Of course, if this already exists, please advise. Check it out !].

Nursing 136

Nursing 136

Aging in Place Technology Watch

APRIL 6, 2022

Note the top trends that matter this Many changes underway in the enabling tech categories for older adults – including the importance of tech for home care agencies – not just the apps for the workers, but for care recipients, such as remote monitoring. Another long-time PERS player sees a watch, makes a watch.

Health Technology 69

Health Technology Telehealth Nursing 69

Aging in Place Technology Watch

FEBRUARY 14, 2020

In 2020, focus sharpens on technology market categories of aging and caregiving. Meanwhile, as a result of Apple’s more senior-capable offering, emergency watches (PERS) with call center integration, like MobileHelp and UnaliWear, got a boost. . Voice first technology – it’s everywhere and in everything.

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141

Aging in Place Technology Watch

JUNE 6, 2023

A Decade Later: The more things change in the PERS/medical alert industry… Long ago (10 years, to be exact), a survey report plus future market predictions was published. category tags: AI and machine learning , Conversational and generative AI , Mobile PERS

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69

Aging in Place Technology Watch

AUGUST 11, 2020

The hardware is used to tag objects and monitor their use. The company's platform connects the specialists to patient data and collaborates with the nursing staff to provide better care plans and also, enabling patients with the care option as per their needs." The last was offered by a giant US network. Learn m ore.

Psychiatry 173

Psychiatry Nursing Telemedicine Telehealth 173

Aging in Place Technology Watch

APRIL 3, 2019

A prior report recommending change in the hearing technology industry may have contributed to or encouraged the sale of PSAPs and the introduction in 2018 sale of over-the-counter hearing aids – and may have encouraged additional categories of hearing aids and the growth of interest in 'hearables.’

Medicare 87

Medicare Telehealth 87

Aging in Place Technology Watch

FEBRUARY 24, 2021

Care may be constrained to a few hours per day, just three times per week, whether by insurance reimbursement rates or cost to families – private pay full-time care is not viable. category tags: tech-enabled home care , Home Care. Data about the recipient is transferred and utilized in the next stage of care.

Nursing 128

Nursing 128

Aging in Place Technology Watch

FEBRUARY 27, 2019

This is the tenth anniversary of the launch of this Market Overview of technology for ‘Aging in Place’, to be published in March 2019 – the category of offerings that help enable older adults to remain longer in their home of choice. What a difference a decade makes. From senior-only tech to senior-aware marketing.

mHealth 81

mHealth Digital Health Telehealth 81

Aging in Place Technology Watch

JULY 12, 2022

Did the carriers, alarm companies, PERS providers , and school bus transportation services all identify and deploy workarounds or replacements prior to the 'crisis'? category tags: computers, broadband, and social networking , smartphones.

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140

Aging in Place Technology Watch

MARCH 9, 2021

Or is Voice First today, per the Gartner hype cycle, just another interface? category tags: Telehealth-RPM-Virtual Visits-Voice Health , Voice First/AI/Voice Assistants. They may have initially hampered adoption – but more likely have caught vendor attention.

Telehealth 158

Telehealth 158

Aging in Place Technology Watch

FEBRUARY 9, 2022

And most PERS watch subscriptions (see Medical Guardian and UnaliWear ) also provide access to a 24-hour response center. category tags: wearables, smart watch , Mobile PERS , PERS. Apple Watch owners can buy a guaranteed response service – just not from Apple. Best Buy began offering this service in March, 2021.

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112

Aging in Place Technology Watch

FEBRUARY 1, 2021

It took the combination of 73 million boomers, a pandemic emergency, and the sheer size of the aging population to transform a 2009 market niche into this 2021 market category worthy of investment-- less about products specifically designed for older adults as it is about the marketing of many existing offerings as useful to them. Learn more.

Health Technology 88

Health Technology Telehealth 88