Top VCs target $7 trillion senior-care market

Kai Stinchcombe's start-up True Link Financial is on a mission to protect seniors. After seeing his grandmother with dementia struggle to manage money, Stinchcombe knew he wanted to help seniors prevent being scammed. So the company developed a highly customizable prepaid debit card for older adults, which family members can use to block certain purchases or limit spending.

To fuel True Link, Stinchcombe also realized that he needed something else: help navigating the byzantine senior-care niche.

http://www.cnbc.com/2015/10/12/top-vcs-target-7-trillion-senior-care-market.html

 

Posted by editor on Tue, 27 Oct 2015 13:10 | Permalink

Baby Steps: Will Boomers Buy Into Mobile Health?

Mobile health technologies include apps, gadgets, and tech-enabled services such as sensor-based activity trackers, wearable patches, and personal health devices. By improving self-care, all of these offer potential benefits to providers, payers, and consumers.

Investors and inventors, spurred by the Affordable Care Act (ACA), are eager to serve the growing interest in these technologies, and a prime target market is the baby boomer generation because of its massive size and the looming health costs it represents.

http://www.chcf.org/~/media/MEDIA%20LIBRARY%20Files/PDF/PDF%20B/PDF%20BabyStepsBoomersMobileHealth.pdf

 

Posted by editor on Tue, 27 Oct 2015 13:10 | Permalink

Four Unexpected Ways You'll Save by Moving into a Senior Living Community

It should not surprise you that 75 percent of older adults plan to live in their current homes for the rest of their lives, according to the 2015 United States of Aging Survey, a joint project of the National Association of Area Agencies on Aging, the National Council on Aging, and UnitedHealthCare. But is that the smartest move for everyone

http://www.huffingtonpost.com/jamison-gosselin/four-unexpected-ways-youl_b_8258372.html

 

Posted by editor on Tue, 27 Oct 2015 13:10 | Permalink

Comfortably Aging in Place

MISSION, KS--(Marketwired - Oct 19, 2015) - (Family Features) Having lived in the same ranch house for 55 years, John Heck's grandparents wanted to make any and all necessary accommodations to allow them to peacefully age in place. Using his expertise as a home remodeler, Heck completed a variety of aging-in-place related projects in their house, including adding grab bars to the bathroom and other small comforts.

http://www.marketwired.com/press-release/comfortably-aging-in-place-2065000.htm

 

Posted by editor on Tue, 27 Oct 2015 13:10 | Permalink

POPULATION OF OLDER PEOPLE TO DOUBLE BY 2050

Six out of every ten people in the world are expected to reside in urban areas by 2030.

The life expectancy for a baby born today in India is 66 years, but a person who is now 60 can expect to live 77 years, on average, the report said.

“Even for people with declines in capacity, supportive environments can ensure that they live lives of dignity and continued personal growth”, the report states. Ageing results from decreasing mortality, and, most importantly, declining fertility.

Another statistic indicates older people will outnumber children younger than 5 in just five years.

http://www.dispatchtimes.com/population-of-older-people-to-double-by-2050/113637/

 

Posted by editor on Tue, 27 Oct 2015 13:10 | Permalink

 
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