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Argentum 2016 Senior Living Executive Conference concurrent session Original session date: Wednesday, May 11, 2016, 3:30 - 4:45 PM Speakers: Matt Morris, CEO, VisibleHand, Inc Jeffrey Nathanson, President, CEO, Prime Health
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“Empowering Front-Line Care Staff to
Improve Behavioral Outcomes”Jeffrey Nathanson | CEO Prime Health
2016
Healthiest State in the Nation & #1 Digital Health Ecosystem by 2020
Moore’s Law and healthcare-does it compute?
Actual costs of care
Our International Rank
What is digital health?
Applying information & communications technologies to improve health
– Telemedicine
– Patient engagement using mobile alerts on medication and communication with physician
– EMR and mobile apps supporting post-discharge services medication adherence, education, patient follow-up
– New business models (HIE, ACO, Care Transitions, Homes)
– Genomics, metabolomics, proteomics Social media in medicine and the Quality/privacy issues
– Business intelligence in healthcare and big data analytics
Digital Health Investments
Investments in 50+ Market
71% caregivers interested incompleting tasks using technology. Just 7 percent percent used tools-AARP study-1,028 caregivers online surveys –October to December 2015
“caregivers are seeking technologies that can bring them peace of mind,” “…they are not aware of existing solutions that meet their needs or they perceive the options to be overly costly or complex to use. This presents an opportunity for the technology industry to provide viable alternatives to the 40 million caregivers actively looking for ways to lessen their workload.” AARP Senior Vice President of Market Innovation, Jody Holtzman
Caregivers and technology-AARP April 2016
• 76 % of caregivers in US broadband households own smartphones-40% use apps to help caregiving tasks
• Low adoption in part due to caregiver age distribution. 27% caregivers-aged 45 to 54 16% caregivers in age group are also app users
• Caregivers ages 18-24 =28% of caregiver population account for half of the app users
• "Caregivers in 45-54 age bracket may not be as inclined to use apps as younger counterparts. Companies need to encourage this consumer segment through app discovery and training that demonstrates the benefits of these solutions.”
• "Consumers in 35-44 age range are a key bracket,” they will bring apps with them as they take on caregiver responsibilities”
Technology & Age-AARP/Parks Associates April 2016
Independent Living Needs: Helping Aging Parents Thrive--current and future caregiver status and time spent on common caregiving tasks.
“Younger consumers will age into segment, and Millennials will lean heavily on mobile and connected technologies as they prepare to tackle caregiver challenges in their families."
Parks & Associates
Caregiver Task Hours-Parks Associates April 2016
Market Segment Leaders
Aging Oriented Market Leaders
Our Sponsors
Our Sponsors
Our Partners
Prime is an integrator, connector, and community builder for the digital
health community
Our Role
Educate Identify Qualify
MeetingsSummits
Challenges
Market Research
Customer Development
Quantify
Evaluation Benchmarking
Interoperability
Analysis/ Predictive Analysis
Test
Invest
eCROProtocoled
Clinical trials
Invest Due Diligence
Value Integrator Model (VIM)
Challenge Flash Mentoring powered by Valid Eval provided evidence based iterative integration and adoption strategy development . All presenters receive hosted pilots-27 offers
9 Prime companies invited to Florida Hospital National President’s Council meeting
13$34MInvested in companies post participating in Prime Events
Healthcare Delivery
Systems/Payors/ Providers
Health Innovators
http://iom.nationalacademies.org/Reports/2012/Best-Care-at-Lower-Cost-The-Path-to-Continuously-Learning-Health-Care-in-America/Infographic.aspx
Ecosystems testing and Integrating Health Innovation
Health InnovationDelivering the Triple Aim
Deliver services at scale for a population segment requires organizations and communities to (1) coordinate the efforts of many stakeholders that are working together to improve outcomes for the population; (2) articulate a persuasive strategic rationale and business plan for redesigning care for a specific population; and (3) build effective multidisciplinary and multi stakeholder teams.
Ecosystem Infrastructure
2. Qualification/Evaluation ProcessValid Eval
3. eCRO Test System
CU Public HealthDenver Health
4. Interoperability platform-Health IOT
1. Marketing &
Communications platform
Resources
Resources
2016
[email protected] www.primehealthco.com@jeffreynathans3 #primehealth # Codigitalhealth