The Status of the Future of Health and Mobile Tech

Here is some updated news for this important market--Predicted, and Are They There Yet?

  • It was reported by the California Health Care Foundation that the Mobile Health App Market in 2015 would reach $23 billion; a study by the U of Michigan said this market would reach $24 billion by 2017 but still would have problems and not serve the population most in need.
  • Internet providers will lower the cost of connection. Getting there but new devices are faster and costs are higher than those predicted.
  • Governments will further increase adoption through reimbursements.  2015 became a great year for telehealth reimbursement; 2017 is predicted to be a banner year.
  • Devices will be reconfigured, loaded with data, and delivered to the market.
  • Companies with access to people's homes will incorporate sensors and become a favorable feature with the greater part of this market.
  • Clipable Watches will eventually be the majority style for boomers. Smart Watches will be increasing, especially Apple's products for older market.
  • Productive analytics will be proven to improve care and avoid costs. Getting there as many new companies enter the marketplace.

News of interest for investors

(From Aging in Place Technology Watch, 3/10/17)

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ALWAYS ALLITERATIVE

Using the letter "M" this week.

 

Manifestos manufacture much misinformation, 

Manage moves magnificently

Meaning memoirs masking manhood methods 

Multiply mealymouthedness marvelously.

 

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Bernie is a real person who resides in one of our Brookdale communities. Many of the stories he has written are based on factual evidence from newspaper stories and other sources available to the public. He uses his imagination in parts to help supply the “twist” at the end.  The views and opinions expressed in this blog are those of the author and do not necessarily reflect those of Brookdale Senior Living.

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