Seniors Housing Weekly Update - Where Senior Care Meets Technology
May 13, 2014
Where Senior Care Meets Technology
Today I am at the Aging2.0 Global Innovation Summit in San Francisco, which is bringing together Silicon Valley and senior care industry executives and investors. Yes, seniors housing and care is a “people” business and a human touch business, but technology is shaping all of our lives whether we like it or not. Just ask any 20-something, and I’ve got three of them with more coming, so I know. Smart homes technology has been around for a while, but it is getting better and more sophisticated, and while some people may find it a little creepy, just wait until you have a forgetful 90-year old parent who falls a lot. From robots to wearables and virtual reality, we are seeing it all. But the technology people need input from the providers to make sure the path they are going down is going to have actual practical uses either in the senior living community or the home. And both will need capital to develop a product or idea. So bringing a few hundred senior care providers, capital providers and technology innovators together in one room will hopefully just be the beginning.