Current Trends of Wearable Technology Devices in Clinical DiagnosticsAwladHussain3
Wearable devices are real-time, and noninvasive biosensors allow for the continuous monitoring of individuals and thus provide sufficient information for determining health status and even preliminary medical diagnosis. This presentation briefly introduces the latest advances in wearable healthcare systems, which can be used for real-time diagnosis and treatment of patients.
The smartphone hype has brought some exciting changes to the traditional mobile health industry. This research paper contains a survey amongst companies developing mobile health applications.
The survey reveals that the impact the new smartphone app market has on mHealth is significant.
In total we had 231 participating companies ranging from start-up mHealth specialists to traditional healthcare market players.
Digital Health Disruption - Consumerization Transforms HealthcaremyNEXT
Digital Health is transforming healthcare as we know it. Sensors, mobile devices, online marketplaces, big data analytics, and internet tools & services empower consumers/patients to take their health into their own hands. Disruptive change has consumerized many products and industries in the past: photocopiers, PC, and refrigerators. The same is happening in healthcare now.
Current Trends of Wearable Technology Devices in Clinical DiagnosticsAwladHussain3
Wearable devices are real-time, and noninvasive biosensors allow for the continuous monitoring of individuals and thus provide sufficient information for determining health status and even preliminary medical diagnosis. This presentation briefly introduces the latest advances in wearable healthcare systems, which can be used for real-time diagnosis and treatment of patients.
The smartphone hype has brought some exciting changes to the traditional mobile health industry. This research paper contains a survey amongst companies developing mobile health applications.
The survey reveals that the impact the new smartphone app market has on mHealth is significant.
In total we had 231 participating companies ranging from start-up mHealth specialists to traditional healthcare market players.
Digital Health Disruption - Consumerization Transforms HealthcaremyNEXT
Digital Health is transforming healthcare as we know it. Sensors, mobile devices, online marketplaces, big data analytics, and internet tools & services empower consumers/patients to take their health into their own hands. Disruptive change has consumerized many products and industries in the past: photocopiers, PC, and refrigerators. The same is happening in healthcare now.
Telehealth Failures & Secrets to Success Conference 2017 by VSee
Speaker: Trey McMillian
Health & Life Sciences Lead of Dell
More info here: vsee.com/conference
HOW INNOVATIVE mHEALTH APPS ARE TRANSFORMING PATIENT CARE ? BY TORI COONS, OB...Relevantz
The latest mHealth apps are doing some truly remarkable things to help reduce or eliminate inconvenient and lengthy trips to the doctor, hospital, or lab as well as to improve personalized patient care. Through better and smarter mobile technology, patients will start to see entirely new methods of delivering patient care – through digital means. By Tori Coons, ObjectFrontier Software
Shared By The Many: Advances in technology are allowing for the provision of affordable, decentralized healthcare for the masses and are lowering the barriers to entry in less developed markets.
The analysis in PSFK’s Future of Health Report has yielded a number of insights, the most evident of which is mobile technology as a catalyst for change. The mobile phone and connected tablet computer are allowing for the distribution of a broad range of medical and support services. This is especially important in countries with little or no healthcare infrastructure and areas in which there are few trained healthcare professionals. These technologies also allow trained professionals to perform quality control remotely.
Amongst the many significant developments is a shift towards one-on-one, in- field diagnostics and monitoring. Services that were once only available at a doctor’s office or hospital are now available on-demand through low-tech, affordable solutions. Personal systems allow for ‘good enough’ diagnostics that would have been difficult, expensive and timely to attain previously.
Using a basic phone with adapted software, a health worker can test for myriad symptoms - even cancer. This information can be relayed to a central medical care center where doctors and trained professionals can react to the data, provide prompt diagnosis and suggest treatment options. The ability to capture this data and get quick responses remotely means better healthcare, fewer trips to the hospital (which, for many means days away from home and family), and less time away from work.
A change is also occurring that is seeing increased access to and sharing of health information. This is made possible by the proliferation of systems designed to overcome infrastructure insufficiencies. these systems are enabling the broadcast of information and receipt of subsequent feedback in virtually any setting. From ‘town crier’ systems to ‘internet by text’, the collective knowledge found on the web is being made available to populations around the world who previously lacked access. The connectivity that is enabling the sharing of health information is also powering the growth of social networks focused on health and medical care. These networks are allowing professionals, health workers and individuals to connect and share knowledge quickly.
PSFK’s Future of Health Report details 15 trends that will impact health and wellness around the world. Simple advances such as off-the-grid energy and the introduction of gaming into healthcare service offerings sit alongside more future-forward developments such as bio-medical printing. It is our hope that this report will inspire your thinking and lead to services, applications and technologies which will allow for more available, quality healthcare.
For a download of this report - visit: http://www.psfk.com/future-of-health
UBIQUITOUS HEALTHCARE MONITORING SYSTEM USING INTEGRATED TRIAXIAL ACCELEROMET...ijujournal
Ubiquitous healthcare has become one of the prominent areas of research inorder to address the
challenges encountered in healthcare environment. In contribution to this area, this study developed a
system prototype that recommends diagonostic services based on physiological data collected in real time
from a distant patient. The prototype uses WBAN body sensors to be worn by the individual and an android
smart phone as a personal server. Physiological data is collected and uploaded to a Medical Health
Server (MHS) via GPRS/internet to be analysed. Our implemented prototype monitors the activity, location
and physiological data such as SpO2 and Heart Rate (HR) of the elderly and patients in rehabilitation. The
uploaded information can be accessed in real time by medical practitioners through a web application.
LeWeb is the #1 conference in Europe for digital innovation & internet-based technology.
Achilles Design sent 2 designers to this conference to stay in touch with the lasted trends in software
& internet, e-commerce, app development, wearable electronics, healthcare, sharing economy, etc.
HIPAA Security Rule Compliance When Communicating with Patients Using Mobile ...Project HealthDesign
This webinar, held Jan. 26, 2011, served to inform and engage the five current Project HealthDesign teams around legal and policy topics involved when clinicians communicate with patients via mobile devices.
Wearables in Healthcare: 2016 Prospects and the Money-Saving PatientEspeo Software
2016 looks to be a disruptive year for healthcare-focused wearables, especially those focused on preventive care or the management of chronic illnesses. This also translates into serious savings for the consumer... and profit for a wearable tech business.
The Power of Sensors in health & healthcareD3 Consutling
In a series of reports we explore key digital health trends and related opportunities for technology companies, healthcare providers and patients-consumers. We take both an international and Flemish perspective, the latter based on interviews with local stakeholders. In this report we focus on sensor-based applications.
Wearable Technology Futures 2020: A New Path for Public Health?Ogilvy Health
This report, Wearable Technology Futures 2020: A New Path for Public Health?, lends insight into some difficult but important questions currently challenging the health technology industry. For example, how can wearable technology better appeal to those who could most benefit from it—like the inactive or those fighting obesity—in addition to the health enthusiasts and technophiles currently embracing these wearable gadgets? Ogilvy health specialists brought their knowledge and expertise to bear on this question, as well as many others whose answers could help shape the future development of the technology.
Wearable Technology Futures 2020: A New Path for Public Health? is a three-part report: Part 1 analyses the approach developers are currently using and how this aligns with published thinking and evidence on behavior change techniques; Part 2 fuels the debate by suggesting, through six different scenarios, that the true potential of wearable technology can only be realized when we approach its application beyond the device and truly align around public health directives; and Part 3 takes an in-depth look at four popular devices and their associated apps as experienced by Ogilvy’s own user panel, clocking up a total of 23,040 hours.
Authors: David Davenport-Firth, Lexi Fletcher, Matt Balogh, Ritesh Patel, Simon Stebbing
Agence d'innovation digitale et studio de startup pour les entreprises
Nos consultants sont à la jonction de l'univers des startups et du services; et vous aiderons dans la construction de solutions adaptées à vos utilisateurs.
Telehealth Failures & Secrets to Success Conference 2017 by VSee
Speaker: Trey McMillian
Health & Life Sciences Lead of Dell
More info here: vsee.com/conference
HOW INNOVATIVE mHEALTH APPS ARE TRANSFORMING PATIENT CARE ? BY TORI COONS, OB...Relevantz
The latest mHealth apps are doing some truly remarkable things to help reduce or eliminate inconvenient and lengthy trips to the doctor, hospital, or lab as well as to improve personalized patient care. Through better and smarter mobile technology, patients will start to see entirely new methods of delivering patient care – through digital means. By Tori Coons, ObjectFrontier Software
Shared By The Many: Advances in technology are allowing for the provision of affordable, decentralized healthcare for the masses and are lowering the barriers to entry in less developed markets.
The analysis in PSFK’s Future of Health Report has yielded a number of insights, the most evident of which is mobile technology as a catalyst for change. The mobile phone and connected tablet computer are allowing for the distribution of a broad range of medical and support services. This is especially important in countries with little or no healthcare infrastructure and areas in which there are few trained healthcare professionals. These technologies also allow trained professionals to perform quality control remotely.
Amongst the many significant developments is a shift towards one-on-one, in- field diagnostics and monitoring. Services that were once only available at a doctor’s office or hospital are now available on-demand through low-tech, affordable solutions. Personal systems allow for ‘good enough’ diagnostics that would have been difficult, expensive and timely to attain previously.
Using a basic phone with adapted software, a health worker can test for myriad symptoms - even cancer. This information can be relayed to a central medical care center where doctors and trained professionals can react to the data, provide prompt diagnosis and suggest treatment options. The ability to capture this data and get quick responses remotely means better healthcare, fewer trips to the hospital (which, for many means days away from home and family), and less time away from work.
A change is also occurring that is seeing increased access to and sharing of health information. This is made possible by the proliferation of systems designed to overcome infrastructure insufficiencies. these systems are enabling the broadcast of information and receipt of subsequent feedback in virtually any setting. From ‘town crier’ systems to ‘internet by text’, the collective knowledge found on the web is being made available to populations around the world who previously lacked access. The connectivity that is enabling the sharing of health information is also powering the growth of social networks focused on health and medical care. These networks are allowing professionals, health workers and individuals to connect and share knowledge quickly.
PSFK’s Future of Health Report details 15 trends that will impact health and wellness around the world. Simple advances such as off-the-grid energy and the introduction of gaming into healthcare service offerings sit alongside more future-forward developments such as bio-medical printing. It is our hope that this report will inspire your thinking and lead to services, applications and technologies which will allow for more available, quality healthcare.
For a download of this report - visit: http://www.psfk.com/future-of-health
UBIQUITOUS HEALTHCARE MONITORING SYSTEM USING INTEGRATED TRIAXIAL ACCELEROMET...ijujournal
Ubiquitous healthcare has become one of the prominent areas of research inorder to address the
challenges encountered in healthcare environment. In contribution to this area, this study developed a
system prototype that recommends diagonostic services based on physiological data collected in real time
from a distant patient. The prototype uses WBAN body sensors to be worn by the individual and an android
smart phone as a personal server. Physiological data is collected and uploaded to a Medical Health
Server (MHS) via GPRS/internet to be analysed. Our implemented prototype monitors the activity, location
and physiological data such as SpO2 and Heart Rate (HR) of the elderly and patients in rehabilitation. The
uploaded information can be accessed in real time by medical practitioners through a web application.
LeWeb is the #1 conference in Europe for digital innovation & internet-based technology.
Achilles Design sent 2 designers to this conference to stay in touch with the lasted trends in software
& internet, e-commerce, app development, wearable electronics, healthcare, sharing economy, etc.
HIPAA Security Rule Compliance When Communicating with Patients Using Mobile ...Project HealthDesign
This webinar, held Jan. 26, 2011, served to inform and engage the five current Project HealthDesign teams around legal and policy topics involved when clinicians communicate with patients via mobile devices.
Wearables in Healthcare: 2016 Prospects and the Money-Saving PatientEspeo Software
2016 looks to be a disruptive year for healthcare-focused wearables, especially those focused on preventive care or the management of chronic illnesses. This also translates into serious savings for the consumer... and profit for a wearable tech business.
The Power of Sensors in health & healthcareD3 Consutling
In a series of reports we explore key digital health trends and related opportunities for technology companies, healthcare providers and patients-consumers. We take both an international and Flemish perspective, the latter based on interviews with local stakeholders. In this report we focus on sensor-based applications.
Wearable Technology Futures 2020: A New Path for Public Health?Ogilvy Health
This report, Wearable Technology Futures 2020: A New Path for Public Health?, lends insight into some difficult but important questions currently challenging the health technology industry. For example, how can wearable technology better appeal to those who could most benefit from it—like the inactive or those fighting obesity—in addition to the health enthusiasts and technophiles currently embracing these wearable gadgets? Ogilvy health specialists brought their knowledge and expertise to bear on this question, as well as many others whose answers could help shape the future development of the technology.
Wearable Technology Futures 2020: A New Path for Public Health? is a three-part report: Part 1 analyses the approach developers are currently using and how this aligns with published thinking and evidence on behavior change techniques; Part 2 fuels the debate by suggesting, through six different scenarios, that the true potential of wearable technology can only be realized when we approach its application beyond the device and truly align around public health directives; and Part 3 takes an in-depth look at four popular devices and their associated apps as experienced by Ogilvy’s own user panel, clocking up a total of 23,040 hours.
Authors: David Davenport-Firth, Lexi Fletcher, Matt Balogh, Ritesh Patel, Simon Stebbing
Agence d'innovation digitale et studio de startup pour les entreprises
Nos consultants sont à la jonction de l'univers des startups et du services; et vous aiderons dans la construction de solutions adaptées à vos utilisateurs.
Laurence McCahill, design lead and co-founder of Spook Studio, spills the beans on the Lean Startup and Lean UX movements, which bring a groundbreaking approach to product development, and what it means for founders, managers and designers/developers.
For a more in-depth article read my introduction to lean over at .net http://www.netmagazine.com/features/introduction-lean
Startup Community Alchemy: A Model for Building An Entrepreneurial EcosytemSeed Here Studio
This model is a work-in-progress being developed to help formulate a model to implement real world strategies towards growing an entrepreneurial ecosystem/community in a place not necessarily known for such things.
It is based on research and real world success in New Orleans, Omaha, Kansas City, Boulder, Nashville and Des Moines and is currently being lab tested in the Cedar Rapids/Iowa City region of Iowa. It is meant to be a broad based model that can be used to implement location-specific solutions that takes into account local resources and conditions in the particular city.
Feedback, constructive criticism and comments are welcome and encouraged.
We are available to present, share or discuss this at your event, organization, conference or individually.
Please feel free to contact us.
Andy Stoll
Co-Founder, Seed Here Studio
andy@seedhere.org
You can find more information on this topic at www.andystoll.net/startupculture and by reading Brad Feld's book Startup Communities.
IOT Factory - Open IOT Platform & Startup StudioLionel Anciaux
IOT Factory is a Software Platform and a Project Studio providing Fast and Reliable IOT projects & Startups development capabilities.
At the core of IOT Factory is an Open Platform designed to easily build, deploy and operate Internet of Things projects & products. It is Devices and Telecommunication networks agnostic, provides easy dashboarding, reporting, alerting and back-end integrations capabilities, based on a Big Data repository and strong web services APIs.
As a Project Studio, IOT Factory aims at providing financing and business support to project owners willing to develop innovative companies.
IOT Factory is located in Brussels, Paris and Moscow. Through our Clients, Partners and Startups eco-system, we already offer solutions in Smart Metering, Pets Tracking, Industry 4.0, Smart Agriculture, etc.
Let’s talk about your challenges, and analyze together how IOT could solve it !
Technology evolutions in disaster medicine - Crisis Response JournalEmily Hough
As medicine is always evolving, it is crucial for disaster medicine to apply technology, not as an exception, but as a necessity, Here is a glimpse of some ideas that might revolutionise disaster medicine in the future
The Future of mHealth - Jay Srini - March 2011LifeWIRE Corp
Jay Srini's presentation of her take on the Future of mHealth, presented at the 3rd mHealth Networking Conference, March 30, 2011. Aside from being one of the preeminent thought leader in the area of innovation and mhealth, she holds a number of positions including Assistant Professor at the University of Pittsburgh and CIO for LifeWIRE Corp.
In the last decade the healthcare monitoring systems have drawn considerable attentions of the researchers. The prime goal was to develop a reliable patient monitoring system so that the healthcare professionals can monitor their patients, who are either hospitalized or executing their normal daily life activities. In this work we present a mobile device based wireless healthcare monitoring system that can provide real time online information about physiological conditions of a patient. Our proposed system is designed to measure and monitor important physiological data of a patient in order to accurately describe the status of her/his health and fitness. In addition the proposed system is able to send alarming message about the patient’s critical health data by text messages or by email reports. By using the information contained in the text or e-mail message the healthcare professional can provide necessary medical
advising. The system mainly consists of sensors, the data acquisition unit, microcontroller (i.e., Arduino), and software (i.e., LabVIEW). The patient’s temperature, heart beat rate, muscles, blood pressure, blood glucose level, and ECG data are monitored, displayed, and stored by our system. To ensure reliability and accuracy the proposed system has been field tested. The test results show that our system is able to measure the patient’s physiological data with a very high accuracy.
Are You a Caregiver? Here Are 7 Tech Tools That Could Make Your Life Easier b...Pinta Partners
Being a caregiver is both a noble duty and a demanding journey, often filled with varied demands and complexities. Fortunately, the advent of technology has ushered in a new era in caregiving, presenting innovative solutions that mitigate the burdens and improve the quality of care.
Read more on: https://joellandau.com/are-you-a-caregiver-here-are-7-tech-tools-that-could-make-your-life-easier/
Utilizing wearable technology in remote patient monitoring with aging populat...Valencell, Inc
Most developed nations are experiencing a dramatic aging of the population, which is putting pressure our healthcare systems to provide care outside of medical facilities and driving opportunities for remote patient monitoring systems. In fact, 90% of family caregivers want a way to monitor their loved ones, receive alerts and be involved in their care. This webinar will discuss the trends driving remote patient monitoring today and how these systems are utilizing wearable technology to elevate the level of care possible outside of medical facilities. You won’t want to miss this webinar!
The SENSACTION-AAL project addressed one of the main problems for older people: motor disabilities.
By Lorenzo Chiari, Carlo Tacconi. DEIS - Università di Bologna
AN INTELLIGENT SYSTEM FOR THE ENHANCEMENT OF VISUALLY IMPAIRED NAVIGATION AND...ijgca
Technological advancement has brought the masses unprecedented convenience, but unnoticed by many, a
population neglected through the age of technology has been the visually impaired population. The visually
impaired population has grown through ages with as much desire as everyone else to adventure but lack
the confidence and support to do so. Time has transported society to a new phase condensed in big data,
but to the visually impaired population, this quick-pace living lifestyle, along with the unpredictable nature
of natural disaster and COVID-19 pandemic, has dropped them deeper into a feeling of disconnection from
the society. Our application uses the global positioning system to support the visually impaired in
independent navigation, alerts them in face of natural disasters, and reminds them to sanitize their devices
during the COVID-19 pandemic
AN INTELLIGENT SYSTEM FOR THE ENHANCEMENT OF VISUALLY IMPAIRED NAVIGATION AND...ijgca
Technological advancement has brought the masses unprecedented convenience, but unnoticed by many, a population neglected through the age of technology has been the visually impaired population. The visually impaired population has grown through ages with as much desire as everyone else to adventure but lack the confidence and support to do so. Time has transported society to a new phase condensed in big data, but to the visually impaired population, this quick-pace living lifestyle, along with the unpredictable nature of natural disaster and COVID-19 pandemic, has dropped them deeper into a feeling of disconnection from the society. Our application uses the global positioning system to support the visually impaired in independent navigation, alerts them in face of natural disasters, and reminds them to sanitize their devices during the COVID-19 pandemic.
7 Best Points of The Future of Digital Technology in Healthcare | The Entrepr...TheEntrepreneurRevie
Here are 7 Best Points of The Future of Digital Technology in Healthcare; 1. Smartphones and wearable technology, 2. Virtual Machines (VMs), 3. Telecommunications medicine,
E-HEALTH BIOSENSOR PLATFORM FOR NONINVASIVE HEALTH MONITORING FOR THE ELDERLY...ijbesjournal
New technologies in the field of tele-health using biosensor systems for non-invasive vital signs monitoring of patients, especially elderly people who need long-term care, and marginalized areas with hard to reach health care services are emerging. A study involving a self-care approach within the cardiac domain, where late detection increases the likelihood of patient disability or of premature death is proposed. In the
study the application of e-health biosensors platform in medical services is experimented. The study resulted into the synthesis of vital signs from various body positions with biosensors that does not require a full coupled system. A model for the prevention of cardiovascular disease management based on noninvasive personal health monitoring systems with easy access for everybody, at any time or location is designed. A personal vital sign system such as ECG sensor which contain the functionality, allows recording anywhere and at any time a diagnostic quality ECG and analyzing it “on-board” by comparing it to a reference ECG, is modelled. The model called Mobile Health for the Elderly Persons (MOHELP)
which relies on with application in estimation and control of boolean processes based on noisy and incomplete measurements is designed. This enabled a reliable recommendation from a digital artificial intelligence-based diagnosis, which can support an elderly person to take timely and correct decisions upon his (her) health status. In a case of urgency, the assistant puts the elderly person in a contact with
healthcare providers. The signal pattern sensitivity related to sensors placement is one of the issues this study addressed using e-sensor platform. Sensors displacement errors have a direct impact on the medical diagnosis, especially if the diagnostic procedure is automated. The study resulted into the formulation of a methodology for e-Health Sensor Platform, in software architecture terms, that permits use of system
biosensors to adapt to the user-specific context for self-healthcare
The worldwide network of internet of things (IOT) combined with advancements in sensor networks, FID and software platform connects objects of various application fields and technology. IOT is most commonly described as an ecosystem of technologies but it requires necessary components to enable communication between devices and objects. Components being RFID and sensors. Many organization have already implemented IOT. Healthcare industry too have adopted IOT and can be extensively used in the future for the benefit of patients, elderly people and caregivers. A new concept named 'Health Internet of Things (HIOT)' was proposed to exploit sensor technologies and wireless networks in monitoring medical conditions. Also advancements in E textile technologies make the textile multifunctional, adaptive and responsive system which combined with IOT performs functions such as communication, computation and health care benefits. Cloud is used to store, control and retrieve or transform or classify information. The use of cloud based application in healthcare industries is constantly growing to benefit patients so that they can monitor their health, store and share records. This paper aims at developing a dependable, productive, high performance and assured smart healthcare system to deliver service to patients avoiding health risks using e textile technologies
1. Uniting the Internet of Things, BLE Beacons, and Wearables
Margaret Avery
Daniel Feeman
Linsey Jaco
Chirag Patel
ITEC 616 001HB
Management of Information Systems
Professor Rod Fontecilla
Presented at
American University, Washington, DC
March 3, 2015
2. Executive Summary:
Wandering is a common symptom among dementia patients, in fact experts report that 60% of
patients with dementia will wander at some point. The annual cost of searching for those who wander is
an exorbitant dollar figure: $1,500/hour with low-tech rescue operations lasting on average 9 hours.
Beacons of Hope seek to mitigate these costs, thus creating free cash flows and increasing the safety of
those living with these diseases.
Sunrise Senior Living is uniquely positioned for great potential return on investment with the
proposed use of wearable devices and placement of beacons for dementia patient care (Beacons of
Hope). The proposed investment would hone the power of beacons and GPS for precise location
tracking inside and outside the facility to reduce the incidents and costs associated with elopements1
as
well as improve the response time and even preemptively warn of a patient’s deteriorating condition or
even accelerated movements - like falls.
The proposed use of the technologies would create a hand shake between the strategically placed
beacons and the wearable device found on the wrist of the patient. That handshake will inform
caregivers of the patient’s real-time location. This data would be sent to a software application that
could be accessed 24/7 on a computer at the central nursing station or on a mobile device held by
caregivers. In the instance of a patient leaving a restricted area the handshake between the beacons and
the device would send an immediate alert to the application and the caregivers could then respond
appropriately. In a situation where the patient removed the bracelet, the caregivers would be
immediately notified with a similar alarm.
The incorporation of these tools will benefit the consumer by increasing independence and creating
usable data on the disease. The tools in turn create a cost savings for Sunrise and increase free cash
flows – allowing the company to pursue an ambitious acquisitions strategy.
Company Background:
Sunrise Senior Living LLC provides senior living services in the United States as well as Canada
and the United Kingdom. The company offers independent and assisted living and care for individuals
with dementia. Sunrise can stand to benefit from this lower cost, higher efficiency technology in the
United States and through a phased approach into the United Kingdom and Canada. While being
considered one of the four largest assisted living facilities in the United States, Sunrise can use this
technology as yet another way to differentiate their quality of care from that of their diverse
competition.
The Senior Assisted Living market in the United States has a uniquely competitive environment,
there are nearly no barriers to entry and with an aging population there is a need for assisted care
facilities in almost every region. 87% of the market is controlled by a mix of small non-profit and for-
profit businesses. Between 2010 and 2020 those between the ages of 65 and 84 will increase by 38.8%,
those over 85 will increase by 18.7%, with baby boomers controlling 70% of the U.S. financial assets
1
Elopement is defined as when a patient wanders away, walks away, runs away, escapes, or otherwise leaves a care-giving
facility or environment unsupervised, unnoticed, and/or prior to their scheduled discharge.
3. and more than half of discretionary spending, this means that the elderly can demand more from
competitors . Such a unique set of circumstances has created a diverse and fragmented market which
requires multiple facilities to be located close to family members. The true competitive advantage of
these facilities relies on their location and familiarity with the community.
Technology and Application:
Wearable user interfaces describe the interaction between humans and computing through
electronics designed to be worn on the body. The device works harmoniously with the human body
and/or the environment around the wearer and transmits the information to a smartphone or to the
cloud. Ideally, wearable user interfaces are unobtrusive, always on, wirelessly connected and provide
timely information. Examples of wearable electronics are smart watches, smart glasses, smart clothing,
fitness monitor wristbands, sensors on the skin and audio headsets.
Wearable technologies paired with Bluetooth beacons enable location monitoring capabilities.
Bluetooth Smart (aka BLE) devices serve as proximity beacons to Bluetooth 4-enabled mobile devices,
such as smartphones and wearables technologies. With BLE's Proximity profile, mobile devices and
applications can derive their proximity to the beacons at a granular-level that may not be possible with
other location technologies, especially in an indoor environment.
While both technologies can’t achieve our goal independently, using a background application
allows for information integration. The application actively communicates with both the wearable
device and the beacons to collect pertinent vitals and location information. The application in turn
analyzes the information and provides it to nurses and caregivers through a mobile application.
Additionally, in times of emergency (i.e. elopement events, sudden volatility in vitals, or falls) the
application initiates situational response functions.
Our focus is on vitals and location monitoring wristbands for dementia patients. The wristbands
will monitor vitals and whereabouts for dementia patients. Furthermore, the technologies would create
a hand shake between the strategically placed beacons and the wearable device found on the wrist of
the patient to inform of the patient’s real-time location. This data would be sent to the above software
application that could be accessed 24/7 on a computer at the central nursing station or on a mobile
device held by the caregivers while on shift. In the instance of a patient leaving a restricted area the
handshake between the beacons and the device would send an immediate alert to the application and
the caregivers could then respond appropriately. The caregivers would also be notified if the bracelet is
ever removed from the patient. This technology will enable increased response agility by nurses and
caregivers resulting in an overall reduction in the number of elopement events.
Financials:
4. With the integration of Beacons of Hope into the IT strategy Sunrise can lower its operating costs
considerably. In 2011, Sunrise was providing care to more than 30,000 patients worldwide2
and
according to the Annals of Long Term Care it is estimated that 1 in 5 memory-impaired patients are
expected to experience an elopement event per year3
. Implementation of this technology is estimated to
reduce elopement events by approximately 55-65%4
. The forecasting found in Annex 1 conservatively
estimates that 50% of the 1 in every 5 dementia patients that wander every year would be receiving care
in a facility. Although no specific statistics were available to determine the exact number of dementia
patients in Sunrise homes, the resulting assumption is if 10% of all Sunrise patients wander then it is
reasonable to estimate that 15% of every home represents the dementia patient population. Our
empirical observations of three different homes indicate that an average of 40 beds are found in each
dementia care unit (see illustrative diagram in Annex 3 for strategic placement of beacons).
The necessary investment for the proposed Beacons of Hope would be comprised of the following:
(1) Hardware: beacons, wearable devices and IPod Touch for mobile monitoring capabilities (2) R&D
of software application and initial training (3) Maintenance: annual service contract of software
application, cybersecurity, cloud computing services and annual maintenance of hardware and (4)
Installation of hardware. A phased approach that penetrates the U.S. market first followed by the U.K.
and Canada respectively, would require an investment of less than $3M ($2,996,977). The expected
return on investment or free cash flow generated from the reduction of elopements totals to $48M over
the three year phased strategy (details in Annex 1).
Unquantifiable Benefits and Scalability:
Among the long list of benefits associated with implementing the use of a wearable device in
the dementia patient community, there are several that are unquantifiable. The most substantial of these
is the peace of mind and sense of security for the caregivers, family members and those who are
suffering from the disease. The coupling of the wearable device and beacons allow for patient
monitoring and serves as constant “eyes-on” when a caregiver isn’t in direct sight of the patient. The
device will also give the patient a sense of independence and security knowing that if something goes
wrong (i.e. a fall) their caregiver will be aware of the instance, their location and can respond quickly.
In addition, the analytics that the device provides will allow for caregivers to be aware of specific
changes in vitals that occur before an elopement event (i.e. increased pulse or agitated and frantic
movements).
A future benefit of the proposed use of the wearable device along with beacons is its potential use
in the home environment during the early stages of dementia. In addition, this device could be used in
the general population of care facilities. The device and beacons can replace the current “Life Alert”
system which is much more restrictive and often requires that the patient be able to pull string in the
bathroom and/or a button on the wall of the room. The ability to utilize this device in different
environments and with a range of patient groups could make a substantial impact on the healthcare
industry (see associated risks in Annex 2).
2
Sunrise Senior Living. 2011 Annual Report. January 2012.
3
Lester, Paula E., Adrianna Garite, and Izchak Kohen. "Annals of Long Term Care." Annals of Long Term Care. March 19,
2012. Accessed February 15, 2015. http://www.annalsoflongtermcare.com/.
4
Mitesh Patel. Interview by Chirag Patel. Phone, Senior living facilities in Texas and Florida. February 11 2015
5. Conclusion:
Sunrise seeks to expand their current market share but in order to do so they need more free cash
flows. By using beacons, wearables and relying on the internet of things for the connection between the
two, Sunrise Senior Living has an opportunity to reduce the inevitable elopement costs as well as
reduce costs associated with delayed reactionary care (e.g. deteriorating condition after fall). These
savings result in free cash flows that the company can then use to expand by purchasing more facilities,
which will increase market share and generate more revenue.
Beacons of Hope will provide Sunrise Senior Living with the means to grow as a company and the
capability to phase the benefits of the technology into the general patient population, an attribute that
three different providers in three different states all noted during interviews would be immensely
impactful to staffing and services. As stated in the 2011 annual financial statement, Sunrise Senior
Living’s growth over the future is limited by the free cash flow they have in the present – this
technology is the Beacon of Hope that will provide the means for growth.
6. Appendices:
Annex 1: Financials –
I. Details of ROI
Number of patients served by Sunrise 30,000
Estimate of memory-patient 15%
Number of patients who wander annually 10%
Cost of Search/hr 1,500$
Average number of hours for search efforts 9
Average Elopement Reduction by E-Tech proposal 60%
Implementation Costs of Tech
Cost of Wearable Tech per person at Mkt Rate 250$
Cost of IPod Touch (mobile device) $200
Number of Ipod Touch per home 10
Cost of each Beacons 33$
Number of becons per home (estimate) 60
Research & Development 100,000$
Installation Costs (40% of hardware) 40%
Fixed Annual Maintenance cost (service contract) 20,000$
Variable Annual Maintenance cost (3% of hadware) 3%
Estimated increase in patients each year 5%
Sunrise Home Breakdown by Country
Number of homes in US 269
Number of homes in UK 27 86%
Number of homes in Canada 15 9%
Total Number of Homes operated by Sunrise 311 5%
Inputs
7. II. Free Cashflows
Without Tech With Tech Without Tech With Tech Without Tech With Tech
Elopements in US per year 2,595 1,556.91 2,725 1,635 2,861 1,716
Elopement in UK per year 260 156 273 164 287 172
Elopement in Canada per year 145 87 152 91 159 96
Total Number of Elopements 3,000 1,800 3,150 1,890 3,307 1,985
Elopement costs per year 35,030,547$ 21,018,328$ 40,473,955$ 24,284,373$ 44,647,623$ 26,790,750$
Reduction in Costs w/ Tech 14,012,219$ 16,189,582$ 17,856,873$
Implementation Costs:
Wearable Device Cost annually - 973,071 - 117,130 - 76,746
Beacon Cost annually - 532,620 - 53,460 - 29,700
IPod Touch Cost annually - 538,000 - 54,000 - 30,000
Hardware Subtotal - 2,043,691 - 224,590 - 136,446
Research & Development - 100,000 - - - 20,000
Installation Costs - 213,048 - 21,384 - 11,880
Maintenance Cost annually - 81,311 - 69,785 - 74,843
Total Investment - 2,438,049 - 315,759 - 243,169
Total Savings 11,574,169 16,505,341 18,100,042
Return on Investment (ROI) 4.75 50.27 72.43
Year 1
Implementation in US
Year 2
Implementation in UK
Year 3
Implemenation in Canada
Forecasting for Beacons of Hope