The estimated 73 million individuals who make up the baby boomer generation are projected to reach age 65 and older by 2030. The overall aging of the U.S. population accompanies the need for increased home care technology for seniors. This concern was explored at a Parks Associates' Connected Health Summit 2022 session, Seniors and Caretakers: Living Independently.
The event focused on gathering...
Direct-to-patient healthcare company Ro announced an agreement with the National Institute on Aging (NIA) to develop the Registry for Equal Access to Clinical Trials in Alzheimer's Disease (REACT-AD).
Ro will employ its telehealth platform to screen and recruit patients at elevated risk for developing Alzheimer's disease (AD) or other related dementia to join REACT-AD for potential participation...
Rippl, a company focused on providing mental health solutions to seniors with dementia and other cognitive conditions, launched with a $32 million seed round led by ARCH Venture Partners and General Catalyst.
GV, F-Prime Capital and Mass General Brigham Ventures also participated.
WHAT THEY DO
The company, led by Starbucks veteran Kris Engskov, said it will launch a care model offered by health...
Researchers from Nanyang Technological University Singapore and Tan Tock Seng Hospital have created a wearable assistive robot that prevents falls and assists in physiotherapy for the elderly.
WHAT IT'S ABOUT
The Mobile Robotic Balance Assistant (MRBA) has sensors to immediately detect a loss of balance and catches its wearer with a safety harness worn around the hips. It helps users to stand up...
Like other virtual health technologies, remote patient monitoring grew in the midst of the COVID-19 pandemic.
One study published in JAMA Internal Medicine earlier this month found a steep incline in its use among traditional Medicare beneficiaries, increasing from 91 claims per 100,000 enrollees in February 2020 to 594 claims per 100,000 enrollees in September 2021.
Waqaas Al-Siddiq, CEO of...
Connected pillbox maker MedMinder received $35 million through a credit facility with SWK Holdings Corporation and additional investment from Accelmed Partners.
The company offers a connected medication dispenser with an interactive screen that alerts polypharmacy patients, seniors and caregivers when it's time to take medications or when a dose is missed. It also provides a service where...
Woebot Health, maker of a mental health chatbot, recently appointed Dr. Robbert Zusterzeel as vice president of regulatory science and strategy.
Zusterzeel comes to Woebot from IQVIA, where he served as senior director of U.S. regulatory science and strategy. He'd previously worked at the FDA for nearly 10 years.
"We believe in and have embraced regulation from the start and have expanded our...
Medical licensing and credentialing platform Medallion raised $35 million in a Series C funding round led by Spark Capital and GV.
The round, which brings Medallion's total raise to $85 million, included participation from Salesforce Ventures, Sequoia Capital, Optum Ventures, BoxGroup and Elad Gil. Medallion announced a $30 million Series B raise in November and a $20 million Series A in June...
Caregiver support platform Homethrive scored $20 million in a Series B funding round led by Human Capital.
Other participants in the fundraise include Allianz and existing investors 7wireVentures and Pitango HealthTech. The startup previously raised an $18 million Series A in 2020.
WHAT IT DOES
Homethrive offers support, resources and care navigation to people who are caring for older family...
Seniors are certainly less tech savvy than younger generations who grew up with it. My parents are from the World War II generation, long before there was the personal computer, let alone the internet. Trying to help my aging mother with email is a challenge. But just because some may not know how to use TikTok, what a nonfungible token is or how to make the WiFi work doesn't mean they are...
_8.jpg?itok=eTgDqX4p "An older man wearing headphones and using a smartphone in his home")
