Technology is changing the way we think about elder care. In fact, due to the advances made in technology, members of America’s aging population are now able to live in their own homes while staying safe. One might think that these advancements are coming from new startups, but these strides are actually being made by companies that have been around for quite some time.
One company that’s altering the landscape of elder care is AT&T. It was recently announced that this telecommunications company would partner with the Texas Medical Center in Houston, as well as its network of researchers and hospitals.
Together, these groups intend to create digital solutions for various parts of the healthcare industry. AT&T is working to listen to the healthcare industry about the daily issues they face. AT&T hopes to build stronger connections between patients and caregivers.
Another mature company entering the elder care sector is Intel. Intel’s Care Innovations subsidiary has made great strides in connecting payers, caregivers, and consumers. Intel does this by collecting and analyzing data. This subsidiary plays a large role in allowing aging Americans to live independently.
Some innovations in elder care are coming from companies that focus specifically on helping aging people. One such company is GreatCall, a leading provider in active aging solutions. GreatCall one of the biggest companies using a merging technology called Ambient Assisted Living (AAL).
AAL can cull data from connected home sensors and devices, and then send the data to healthcare devices. The best thing about this technology is that it analyzes an older person’s activity within the home. The technology determines their cognitive, physical, or affective state and recognizes unusual patterns in behavior.
Families who have aging loved ones but cannot watch them all the time will love AAL. With this revolutionary technology, family members can monitor the activities of a loved one. They can also observe any cognitive declines and determine whether they are normal parts of aging or signs of the development of dementia.
According to an AARP estimate, about half of Alzheimer’s patients go undiagnosed. With Ambient Assisted Living, this may change entirely. While AAL technology isn’t as easy to understand as a number of new apps out there, it is extremely important to the health and wellbeing of America’s aging population. Many older people will not be able to live independently while still getting the care they need.
One of the earliest investors in this company was Tom Perkins. Perkins operates a little differently that the majority of venture capitalists today. He only supports companies with applications or products that have the potential to be meaningful. Ambient Assisted Living certainly is meaningful, as are all of the other technological advances that are being made to improve elder care. Mature companies like Intel, AT&T, and many more are paving the way for innovation in elder care.