Thursday, August 08, 2019

41% of current caregivers are concerned about social isolation for their loved ones

HP sponsors independent living session at sixth-annual Connected Health Summit

Parks Associates research finds 41% of current caregivers are concerned about the social isolation experienced by the people under their care.  Caregivers are most concerned about their loved one’s declining strength, ongoing health issues, and the potential for accidents and emergencies, which are typically targeted by PERS and other aging-in-place solutions. Parks Associates’ sixth annual Connected Health Summit: Independent Living and Wellness, August 27-29 at the Pendry San Diego in San Diego, California, will address how the expansion of connected medical devices and telehealth services into the home can deliver a variety of new benefits, from monitoring to communication and social interaction, serving the elderly, patients with chronic conditions, and rural households.

“Accidents and emergencies are perennially among caregivers’ top concerns, but the social isolation that can come with loved ones living at home is also a key concern, one which becomes more prevalent as people undertake caregiving duties—29% of future caregivers have this same concern,” said Dina Abdelrazik, Senior Analyst, Parks Associates. “This finding highlights the need to expand beyond traditional PERS in independent living to serve a variety of needs, which can be delivered through the integration of smart home and AI in independent living.”

Parks Associates Chart Concerns About Loved Ones

Connected Health Summit addresses the increasing demand for both clinical and consumer health and wellness solutions aimed at improving the quality of life for people living and seeking support at home.

“Connected Health Summit sets the stage for a much-needed conversation on how to empower individuals and their personal caregivers in ways that are practical and fully take advantage of innovative advancements in technology. Research on digital technology has repeatedly shown that consumers expect technology to play a significant role in improving their health and wellbeing in the late stages of life. We’ll be exploring how technology can help,” said Fran Ayalasomayajula, Head of Population Health, HP Inc.

Demographic trends in the US population point to growing senior consumer segments, with many opportunities to offer assistive technology that can enhance seniors’ ability to live safe, active, and healthy lives. The session "Enabling Independence: Addressing Seniors’ Health and Social Needs," sponsored by HP, evaluates the opportunity to better serve seniors’ health and social needs, acknowledge their dignity, and enable independence.

“For us, it’s about making life better for all people, everywhere. We are pleased to collaborate with Parks Associates and an esteemed group of industry experts on the subject of aging and technology, as it is so critical in preparing families, communities, and businesses for a global demographic shift of record proportions,” Ayalasomayajula said.

Speakers include:

  • Fran Ayalasomayajula, Head of Population Health, HP Inc.
  • Geoff Gross, Founder & CEO, Medical Guardian
  • Sanjay Khurana, VP Caregiving, AARP     
  • Andrew Parker, Founder and CEO, Papa

 

Connected Health Summit explores new strategies and innovations that will expand and improve independent living solutions for consumers and caretakers, including innovative monitoring and smart home solutions. The conference examines consumer adoption and usage of connected health technologies and key adjacencies between smart home, healthcare, and independent living ecosystems.

Registration is open, and media are invited to attend. To schedule an interview with an analyst or to request specific data, contact Sherrelle Lewis, sherrelle.lewis@parksassociates.com, 972-996-0214.

About Connected Health Summit: Engaging Consumers

Parks Associates’ Connected Health Summit: Independent Living and Wellness is an executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home.

Connected Health Summit provides insights on new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions. The conference addresses opportunities for new solutions, including smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers with new insight into patient health and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness.

The seventh annual Connected Health Summit: Independent Living and Wellness will take place September 1-3, 2020, at the Manchester Grand Hyatt in San Diego, California.www.connectedhealthsummit.com

Follow the event on Twitter at @CONN_Health_Smt. Subscribe to Parks Associates’ digital health newsletter at http://www.parksassociates.com/newsletters_subscribe.

Next: 15% of US broadband households have a connected fitness tracker and 11% have a smart watch
Previous: Connected Health Summit to focus on AI and personalization in special session featuring Ada Health, Validic, and Optum

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