"seniors" articles

Join leading industry executives and analysts at Parks Associates’ interactive Connected Health Summit virtual session, “ Seniors and Caretakers: Living Independently ” on Thursday, October 6 at 11:00 AM CT for insights on Seniors, Caretakers, Living Independently, and so much more. Panels and speakers include: Thursday, October 6 Seniors and Caretakers: Living Independently Integrating Tech and Services to Empower Seniors Adam...

In the same way that security providers provide monitoring services for the home in case of intrusion, there is an opportunity to leverage this same technology to provide monitoring services for medical-related emergencies in the home. Safety and security are at the core value of smart home and security solutions and are key drivers for the adoption of these services. Security providers can diversify their consumer base by providing security-related packages with connected health...

Both seniors and caregivers are reactive purchasers of senior assistive technology, including PERS devices. The search for a solution typically begins only after an emergency occurs or when a senior is suddenly living alone after the death of a spouse. Fear-based marketing often plays into these scenarios, portraying a helpless senior unable to contact a loved one after falling. Though the original “I’ve fallen and I can’t get up!” commercial aired 30 years ago, the phrase remains...

Connected health sensors and devices are critical to expanding the applications of care in the home. While remote patient monitoring platforms have not yet scaled to the same extent as virtual visit solutions, they are highly in demand by care professionals, and consumer experience with connected health devices and sensors in the home is growing rapidly.     Parks Associates research reveals that as of Q2 2021, 40% of adult heads-of-broadband households report...

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Patrick Dunn, Program Director, Center for Health Tech and Innovation at American Heart Association will be featured on the panel, Health and Wellness Solutions: Expanding the Market , on May 19 at 1:00 PM CT, addressing how major changes in the energy landscape will shift how consumers manage their home energy in the future. Prior to the session, Patrick...

As of April 2021, 66% of US broadband households are familiar with telehealth services compared to 50% in May of 2020. The use of telehealth services has more than quadrupled, increasing from 15% in 2019 to 64% in 2021. A confluence of factors is driving the expansion of healthcare into the home. 1. Reimbursement changes: Over the past two years, CMS has made substantial changes to support virtual care reimbursement, including expanded reimbursement of telephonic evaluation and...

Parks Associates will continue to host the Connected Health Summit virtual series on April 14 with sessions, Leveraging the Smart Home for a Healthy Home , and Seniors and Caretakers: Serving a Massive Population at Home.  Industry leaders will address how new consumer preferences will increase the value proposition of smart home and wellness tech among consumers, and the implications for product manufacturers, service providers, home builders, and MDU property managers, as...

Independent living solutions, which encompass a variety of assistive technologies, enhance seniors’ ability to stay in their home safely and enhance communication with loved ones. The COVID-19 pandemic exposed the seniors’ vulnerability and the challenges of remote caregiving. Companies across the spectrum from device manufacturers to monitoring providers to home health agencies are responding to the need for new solutions that help our oldest consumers live well and safely at...