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Assisted Living:
A purchaser’s perspective
George MacGinnis
14 September 2010
Agenda
        • Background
        • Trends
        • Business models
        • Moving to scale




© PA Knowledge Limite...
There is a real need to respond to ageing populations

  The OECD identifies 4 main policy
  themes for healthy ageing:
  ...
There are some clear opportunities for change

Current systems are expensive and at
 times unnecessary:
• 90% of Older Peo...
Stronger evidence is stimulating demand

Large scale initiatives are underway:
• US VHA reports significant benefits for a...
Technology is opening up new possibilities
Community                                                  Wearable
           ...
With subtle differences between consumer and
  formal provider perspectives
                                              ...
© PA Knowledge Limited 2009.   Page 8
Payments have driven a focus on the most acute


     Sort-term RoI                                                    Avo...
Scale demands greater integration




                                   Interoperability and
                            ...
Reflections on the current market

 • Covers a wider range of offerings
 • Purchasing is dominated by the
   formal care p...
Conclusions


• There is a gap between potential and addressable markets
• Evidence and experience moving beyond a few ear...
How to contact us for more information

                                                                         Oslo

   ...
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AAL Investment Forum 2010 - Assisted Living: A purchaser’s perspective

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George Macginnis, PA Consulting, United Kingdom

http://www.aal-invest.eu/page/speaker-profiles-george

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Transcript of "AAL Investment Forum 2010 - Assisted Living: A purchaser’s perspective"

  1. 1. Assisted Living: A purchaser’s perspective George MacGinnis 14 September 2010
  2. 2. Agenda • Background • Trends • Business models • Moving to scale © PA Knowledge Limited 2009. Page 2
  3. 3. There is a real need to respond to ageing populations The OECD identifies 4 main policy themes for healthy ageing: • Improved integration in the economy and into society • Better lifestyles • Adapting health systems • Attacking underlying social and environmental factors But notes uncertainty over which of the policies are most cost effective OECD HEALTH WORKING PAPERS NO. 42 POLICIES FOR HEALTHY AGEING: AN OVERVIEW, 16-Feb-2009, DELSA/HEA/WD/HWP(2009)1 © PA Knowledge Limited 2009. Page 3
  4. 4. There are some clear opportunities for change Current systems are expensive and at times unnecessary: • 90% of Older People want to live at home – In the UK nearly 200,000 people in care could be supported at home • Around 66% of men and 75% of women aged 85 and over have a long-term illness or disability – 1.6m emergency admissions for patients aged 65 years and older in 2003/4 in the UK © PA Knowledge Limited 2009. Page 4
  5. 5. Stronger evidence is stimulating demand Large scale initiatives are underway: • US VHA reports significant benefits for a service that cost $1600/patient/year* • The EU has launched ‘Renewing Health’ • In the UK the NHS Whole System Demonstrators are looking at the impact on the wider care system • Involving around 6000 ‘users’ • Heart failure, COPD, Diabetes • Frail people • Due to report ‘early 2011’ * Care Coordination/Home Telehealth: The Systematic Implementation of Health Informatics, Home Telehealth, and Disease Management to Support the Care of Veteran Patients with Chronic Conditions, Darkins et at, Dec 2008 © PA Knowledge Limited 2009. Page 5
  6. 6. Technology is opening up new possibilities Community Wearable Tracking alarms monitors 1990 2010 2030? Biometric Lifestyle Intelligent monitoring monitoring therapies? Personalised and pervasive smart care © PA Knowledge Limited 2009. Page 6
  7. 7. With subtle differences between consumer and formal provider perspectives care profs Self Care User/Patient care Communication profs device Supported Care Clinical Provider Monitoring Service © PA Knowledge Limited 2009. Page 7
  8. 8. © PA Knowledge Limited 2009. Page 8
  9. 9. Payments have driven a focus on the most acute Sort-term RoI Avoiding admissions Invest-to- High value save Consumer Long term market Patients ranked by risk costs Technology and infrastructure remain significant © PA Knowledge Limited 2009. barriers to wider adoption Page 9
  10. 10. Scale demands greater integration Interoperability and patient choice Better Case Finding, Smarter Commissioning and Working Research Engaging content and services © PA Knowledge Limited 2009. Page 10
  11. 11. Reflections on the current market • Covers a wider range of offerings • Purchasing is dominated by the formal care providers • Interoperability is a catalyst for innovation and growth • Local, regional or global? – Equipment different from services – Building capacity will be crucial © PA Knowledge Limited 2009. Page 11
  12. 12. Conclusions • There is a gap between potential and addressable markets • Evidence and experience moving beyond a few early adopters • Drivers for formal provider and self care markets are distinct • A complex environment in which standards will provide a platform for growth © PA Knowledge Limited 2009. Page 12
  13. 13. How to contact us for more information Oslo Utrecht Stockholm UK: Dublin Copenhagen London Madison Frankfurt Boston Cambridge Munich Belfast Beijing New York Los Angeles Denver Princeton Birmingham Edinburgh Washington, DC Manchester New Delhi Corporate headquarters Abu Dhabi Dubai 123 Buckingham Palace Road Bangalore London SW1W 9SR United Kingdom Tel: +44 20 7730 9000 Fax: +44 20 7333 5050 www.paconsulting.com Buenos Aires For further information e-mail: Key Wellington healthcare@paconsulting.com PA office Principal office George MacGinnis 123 Buckingham Palace Rd Direct Dial: +44 20 7881 3784 London SW1W 9SR Cell: +44 7880 743 189 United Kingdom www.paconsulting.com george.macginnis@paconsulting.com Subscribe free to PA’s Impacts newsletter at: www.paconsulting.com/healthcare © PA Knowledge Limited 2009. Page 13
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