Introducing the 50+ Innovation Leaders

Welcome to the first annual compilation of 50+ Innovation Leaders! AARP and the MedCity News team asked readers to nominate digital health companies, entrepreneurs and initiatives they felt best reflect the wide range of technologies and applications that innovatively support the 50+ population. After reviewing more than 150 submissions and tallying more than 5,000+ votes from MedCity News’s audience, we weren’t disappointed with the results.

Welcome to the first annual compilation of 50+ Innovation Leaders! AARP and the MedCity News team asked readers to nominate digital health companies, entrepreneurs and initiatives they felt best reflect the wide range of technologies and applications that innovatively support the 50+ population. After reviewing more than 150 submissions and tallying more than 5,000+ votes from MedCity News’s audience, we weren’t disappointed with the results.

These innovators face unique obstacles as the complications from chronic conditions, or the consequences of being hospitalized for a fall, or being readmitted following a surgery are greater and more costly the older we get. Additionally, the 50+ patient population is enormously diverse. The healthiest of the aging may still face the difficult choice of giving up their independence or paying for assisted living facilities, while others will require greater assistance due to dementia or other neurological conditions. The technology capabilities need to address medication adherence and care coordination with professional and family caregivers whose first inclination is not to download an app.

In Project Catalyst’s 2016 Report, more than 75 percent of caregivers want technology to give them piece of mind and monitor a loved one. However, the available technologies are only used by 10 percent of caregivers. As of late 2014, 40 million Americans provided unpaid care to an adult, and 30 percent provided care for more than 41 hours per week. It is incumbent upon healthcare innovators to design products and services to this diverse patient community and their caregivers. And the platforms must reflect a wide range of ability and preferences for users.

The final list of the 50+ Innovation Leaders reflects this diversity in advancement. It includes care coordination in the realm of telehealth through collaborations with health systems by companies such as SnapMD and Pager, caregiving support led by SpeechMED CEO Susan Perry, and medication management businesses such as TowerView Health and HealthPrize Technologies, which is overseen by CEO Tom Kottler.

Check out the complete list of our 50+ Innovation Leaders.

To learn more about how these 50 innovators were chosen, please contact research@breakingmedia.com.

Read the full article here.