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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FierceHealthIT

FEBRUARY 15, 2019

Spending per member in commercial plans on medical pharmacy drugs increased by nearly 20% between 2016 and 2017, due in part to the growing number of emerging therapies with high price tags.

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Healthcare IT Today

MARCH 15, 2024

These life-long treatments deliver impressive clinical outcomes but come with a high price tag, putting employers and healthcare insurers under pressure. To date, 9amHealth has seen an ROI of up to 4x and up to $284 monthly gross savings per member per month.

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Patient Experience Health IT Healthcare IT 79

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? Compare that to PERS $1-2 billion market. category tags: Mobile PERS , PERS , Telehealth-RPM-Virtual Visits-Voice Health , wearables, smart watch.

Nursing 131

Nursing Medicare Telehealth 131

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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Aging in Place Technology Watch

SEPTEMBER 5, 2023

The PERS market size presents a sizable and undefined caregiving variable. Over time, the simple response to a single alert will give way to newer approaches that factor in improving communication among care circle members, as some PERS vendors, such as SilverTree , have attempted.

Nursing 75

Nursing Medicare Remote care Interoperability 75

Aging in Place Technology Watch

JANUARY 18, 2024

Please take a look, forwarding the link if appropriate, and offer any feedback to help improve this and future versions: 2024 Market Overview Technology for Aging category tags: AI and machine learning , digital health , Mobile PERS , Remote monitoring , hearables/hearing technology , vision and vision technology

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Digital Health 69

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.

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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+.

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Health Populi

JANUARY 8, 2021

Goolsbee and Jason Furman, former Chair of Obama’s Council of Economic Advisers, tag-teamed the U.S. history that a downturn had nothing to do with the economy per se. economic outlook following today’s news that the U.S. The 2020-21 economic recession is the first time in U.S. ” COVID-19 is, indeed, a tough boss.

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Nursing Public Health Health Policy 323

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).

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Digital Health 135

Healthcare IT News - Telehealth

NOVEMBER 27, 2023

By Bill Siwicki | July 25, 2023 News TrueCare graduates half its home hypertension patients from RPM program, and counting The San Diego-based provider sees around 30 readings per patient per month, showing a high level of. Region Tag: Global Edition Hide Collection: 0 Primary topic: Connected Health

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Connected Health Telehealth Telemedicine Remote care 120

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

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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Aging in Place Technology Watch

DECEMBER 30, 2020

Wearables became more visible – enabling PERS on the wrist. Today, 30% of the PERS industry is mobile, validating the emergence of wearables other than pendants to take out and about. category tags: hearables/hearing technology , AI , Voice First/AI/Voice Assistants , Mobile PERS.

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Remote care Interoperability 118

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. A few organizations at these events, like AARP (VIVE) and Best Buy Health (HIMSS), clearly have a vested interest in the health status and care of aging adults.

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Digital Health Health IT 58

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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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

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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Aging in Place Technology Watch

AUGUST 4, 2023

Here are the posts: Fall detection – does the PERS industry detect market changes? 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. Has anyone you know fallen and couldn’t get up?

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Nursing 62

Aging in Place Technology Watch

DECEMBER 28, 2022

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). Imagine the hearing aid websites describing the price as $5 per day to make it seem like a deal. The high price?

Medicare 144

Medicare Interoperability Nursing 144

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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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

SEPTEMBER 18, 2018

Perhaps, as with mobile PERS devices, an intermediate option speaking with the person who fell (like a call center) could save fire departments and the watch wearer from non-emergency trips – and just wanting to chat with someone. So let’s assume that mobile PERS is 20% of the total PERS market (Parks identifies 4+ million users.)

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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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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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Digital Health Wire

JUNE 28, 2023

Since the spin out, DexCare reports that it’s boosted new-patient bookings by 30%, generated 20% cost reductions per patient encounter, and increased downstream revenue for its partners by a whopping 8x multiple. The Takeaway Although the “digital front door” tag might be overplayed, DexCare’s platform really lives up to the title.

Digital Health 52

Digital Health 52

Healthcare IT News - Telehealth

DECEMBER 15, 2020

Joyoti Goswami At Geisinger in Pennsylvania, a pilot program to bring care to the homes of older patients with complex healthcare needs has shown a 35% reduction in visits to the emergency department visits, a 40% drop in hospital admissions and an average annual savings of nearly $8,000 per patient.

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EMR FHIR Telehealth Leadership 147

Aging in Place Technology Watch

JUNE 19, 2018

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. Just as investors believed before 2009 that PERS could never be used outside the home – oops, wrong, then came MobileHelp.

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Aging in Place Technology Watch

APRIL 6, 2022

Finally, the smartwatch, aka personal emergency response device, gets another entrant – and the very first mobile PERS ('medical alert') company, Mobile Help , is acquired. Another long-time PERS player sees a watch, makes a watch. And for hearing aid wearers, the smartphone can carry multiple apps that improve their quality of life.

Health Technology 69

Health Technology Telehealth Nursing 69

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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Aging in Place Technology Watch

JANUARY 25, 2023

The traditional PERS pendant industry’s growth is slowing and vendors are stepping into the reimbursed Remote Patient Monitoring (RPM) market. Other vendors are now offering voice-enabled PERS services. Aging in place requires a home free from obstacles and dangers, especially for the 44% of women aged 75+ who live alone.

Medicare 69

Medicare Telehealth Digital Health 69

Health Populi

JULY 20, 2018

Tech companies like Apple, Google, Samsung and Withings are competing with fashion watch purveyors like Fossil (which boasts dozens of popular brands like Burberry, DKNY, Armani, Diesel, Tory Burch, Kate Spade, Callaway Golf, Skagen, Michele and Adidas, among others) and Tag Heuer.

Digital Health 195

Digital Health Medicare Telehealth healthcare technology 195

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. Or was it just too murky (and pricey) compared to the PERS market ?

Telehealth 108

Telehealth 108

Aging in Place Technology Watch

OCTOBER 31, 2023

The plan price points can be low (or even $0 per month) and as TV ads repeat endlessly, the customer can change plans every single year. And they cannot sign up directly because they are convinced that they need a broker – which is what one-third of plan beneficiaries actually engage -- and who makes a sizable commission on the sale.

Medicare 80

Medicare 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. Thoughts welcome.

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Aging in Place Technology Watch

JULY 27, 2022

But is the commitment to investing in technology per that above comment, still sporadic? category tags: senior living , homecare , SNF , Telehealth-RPM-Virtual Visits-Voice Health. The investment-labor-technology conundrum of senior offerings (all forms).

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Nursing Telehealth 131