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Future of Ageing Presentation to CQC - June 4, 2018

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Future of ageing - stephen Johnston, Aging2.0, Fordcastle, T7, SOMPO, Irvine Health, Music & Memory

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Future of Ageing Presentation to CQC - June 4, 2018

  1. 1. Stephen Johnston | June 4, 2018 | CQC | @sdbj CQC Foresight Group, London June 4, 2018 Stephen Johnston Co-founder, Aging2.0 Founder, Fordcastle. Advisor: T7 Technology, Sompo Holdings, Irvine Health Foundation, Music & Memory. www.sdbj.net stephen@fordcastle.com | Tel: +44 (0) 7377 357 999 | @sdbj Will we We will need to change how we think about ageing and old age in the coming decades?
  2. 2. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 2 Intros
  3. 3. Stephen Johnston | June 4, 2018 | CQC | @sdbj 3 Aging2.0 | A global network of innovators... 60 Chapters, 150 corporate partners and annual OPTIMIZE event in San Francisco
  4. 4. Stephen Johnston | June 4, 2018 | CQC | @sdbj Eight topics reflect priorities for older adults and industry ...taking on eight ‘grand challenges’ in ageing www.aging2.com/grandchallenges/report 4
  5. 5. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 3 shifts from Aging1.0 → Aging2.0 5
  6. 6. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 1 From passive recipients to active stakeholders
  7. 7. Stephen Johnston | June 4, 2018 | CQC | @sdbj Older adults as ‘CEOs’ of their own health and contributors to society More thoughtful product and service design enables older people to stay independent, productive and contributing more in a variety of formal and informal ways. Tech companies are moving faster than healthcare and pharma players to move the locus of health to the home and community. Badalona 7 Active Protective Alexa Spot
  8. 8. Stephen Johnston | June 4, 2018 | CQC | @sdbj Aspirational brands combine form with function After multiple failures, savvy brands are developing new products that speak to wisdom, aspiration and style. Newcastle’s VOICE program (and others) are developing systematic ways to connect corporates with consumers, extending all the way up Maslow’s pyramid of needs. Seismic Auriens & FT’s Next Act 8
  9. 9. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 2 From paper siloes to valuable connected data
  10. 10. Stephen Johnston | June 4, 2018 | CQC | @sdbj New data sets (e.g. IoT, Smart Cities) provide more holistic, longitudinal insights Good quality, holistic data is becoming more available via wearables, home sensors and community data. Forward thinking regions are rethinking health at the local level and investing in infrastructure, data, and older people themselves as community assets. 10
  11. 11. Stephen Johnston | June 4, 2018 | CQC | @sdbj AI increasingly used for prediction, prevention and diagnosis Interoperability and open standards enable best practice sharing and large data sets required for machine learning. Genentech paying 23andme $20k per patient highlights the potential value, while Finland’s IHAN aims to ensure open data interoperability to share this new value equitably. 11
  12. 12. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 3 From handouts to business models
  13. 13. Stephen Johnston | June 4, 2018 | CQC | @sdbj Distributed ledgers and smart contracts enable low-cost evaluation & personalized incentives Theories of change that connect activities to social outcomes (healthcare costs, readmission rates, happiness...) can be tested and improved. IoT and crowd-sourced data (e.g. reCAPTCHA) can connect to smart contracts, aligning incentives to reward (e.g. via ‘care coins’) disparate care teams. 13 Proof of impactProvenance & Co-op
  14. 14. Stephen Johnston | June 4, 2018 | CQC | @sdbj Pay-for-success as a mechanism to identify and scale risky new interventions Recognizing and rewarding value in the ‘informal’ care economy is critical to support caregivers and align societal resources. A Meals on Wheels social impact bond project in Maryland explicitly connects health outcomes with social interventions, and more are likely to follow (esp. in USA). 14 Meals on Wheels
  15. 15. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj Summary 15
  16. 16. Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 16 From passive recipients to active stakeholders ➔ Older adults as ‘CEOs’ of their own health and contributors to society ➔ Aspirational brands combine form with function From paper siloes to valuable connected data ➔ New data sets (e.g. IoT, Smart Cities) provide more holistic longitudinal insights ➔ AI increasingly used for prediction, prevention and diagnosis From handouts to business models ➔ Distributed ledgers and smart contracts enable low-cost evaluation & personalized incentives ➔ Pay-for-success as a mechanism to identify and scale risky new interventions
  17. 17. Stephen Johnston | June 4, 2018 | CQC | @sdbj CQC Foresight Group, London June 4, 2018 Stephen Johnston Co-founder, Aging2.0 Founder, Fordcastle. Advisor: T7 Technology, Sompo Holdings, Irvine Health Foundation, Music & Memory. www.sdbj.net stephen@fordcastle.com | Tel: +44 (0) 7377 357 999 | @sdbj Will we We will need to change how we think about ageing and old age in the coming decades?

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