Wednesday, September 19, 2018

More than 50% of current or future caregivers are willing to pay for an independent living solution for a loved one

Parks Associates to host workshop on smart home solutions at 10th annual Connected Health Conference in Boston with speakers from Alarm.com, Comcast, IBM, MobileHelp Healthcare, Orbita, Reemo Health, Tyto Care, and Verizon

International research firm Parks Associates announced today it will host the workshop “Connected Health and IoT: Impact of Smart Home Solutions” on October 17 in Boston, prior to the start of the Connected Health Conference,hosted by the Personal Connected Health Alliance (PCH Alliance). The workshop will discuss the role of connected consumer technologies in the home to aid in remote care, wellness, and independent living, including insights from the firm’s new research 360 View: Health and Independent Living.

Top Preferred Purchase Channel for Independent Living Solutions | Parks Associates

“More than 30% of U.S. broadband households are either current or future caregivers for a loved one, and more than one-half are willing to pay for an independent living solution for that person,” said Jennifer Kent, Director, Research Quality & Product Development, Parks Associates. “Cared-for loved ones want to stay in their home as long as possible, and smart home monitoring solutions can help accomplish this goal, particularly in their ability to alert first responders in an event of emergency, and to detect fire, water leak and other safety issues, like whether seniors leave a stove on.”

"We are pleased to continue our collaboration again this year with Parks Associates,” said Richard Scarfo, Vice President, PCHAlliance. “Together, we  provide attendees with knowledge and guidance at the intersection of the connected health and home, and highlight the role of connected consumer technologies in the home to aid in remote care, wellness, and independent living.”

Parks Associates health research reveals 34% of caregivers willing to pay for an independent living solution are interested in purchasing this offering from a company that specializes in independent living solutions. Seventeen percent would prefer a home security service provider, and 15% would prefer a health insurer.

The workshop “Connected Health and IoT: Impact of Smart Home Solutions” will feature multiple sessions focusing on solutions to address the complete healthy living needs of consumers and households:

  • Connected Health: Home Service Provider Perspectives
  • Independent Living: The Role of the Smarter Home
  • Special Session: Enabling Engagement and Independent Living Through Voice
  • Integrating Health and Consumer Technology Ecosystems

 

Speakers include:

  • David Bardan, Vice President, Provider Solutions, Tyto Care
  • Nancy Green, Global Practice Lead – Healthcare, Verizon
  • Susann Keohane, Global Research Leader for Aging, IBM
  • Lainie Muller, Director, Wellness, Alarm.com
  • Chris Otto, Senior Vice President, MobileHelp Healthcare
  • Nathan Treloar, President & COO, Orbita, Inc.
  • John Valiton, CEO, Reemo Health
  • Anthony Versage, Head of Product, Health and Wellness, Comcast

 

To schedule an analyst meeting or request specific research data, contact Julia Homier at julia.homier@parksassociates.com, 972-996-0214.

About the Connected Health Conference

PCHAlliance has created an unmatched leadership event, bringing together the industry's two leading events -- the Connected Health Conference (formerly the mHealth Summit) and the Partners Connected Health Symposium. This year's theme, Balancing Technology and the Human Element, will showcase forward-thinking approaches and technologies that are driving integration of connected health into consumer health and care delivery. The 10th annual Connected Health Conferencewill take place October 17-19 at the Seaport World Trade Center in Boston. Please visit the CHC18 websitefor details and easy online registration.

About Parks Associates: Parks Associates, a woman-owned and woman-led internationally recognized market research and consulting company, specializes in emerging technology solutions serving the consumer and small to medium business (SMB) markets. Celebrating its 35th year in 2021, Parks Associates is a partner to companies navigating the changing consumer technology landscapes through data-driven market insights, extensive consumer and industry intelligence, custom marketing services, and executive networking experiences and conferences.

The company's expertise includes home automation, control systems and security, digital media and platforms, entertainment and gaming, home networks, internet and video services, connected health and independent living solutions, mobile applications and services, support services, consumer electronics, and energy management solutions.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit, Smart Energy Summit: Engaging the Consumer, and Future of Video: OTT, Pay TV, and Digital Media. http://www.parksassociates.com

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