Making moves to become a larger force in aging-in-place technology, retail giant Best Buy (NYSE: BBY) has agreed to acquire GreatCall for $800 million in cash. GreatCall has developed and sells senior-friendly smartphones, smartwatches, medical alert devices and other technology to support and extend older adults’ independence. “[Best Buy] has recently been investing in health-related […]
When Lively launched in 2013, the aging-in-place technology startup had $7.6 million in funding and had access to resources as one of the first participants in Aging 2.0’s GENerator accelerator. Fast-forward to 2015, and the company—which offered monitoring solutions through in-home sensors—had hit hard times. With no staff left on the payroll, Lively was acquired […]
Partnership for Medicaid Home-Based Care Announces Additional Founding Members and Board of Directors The Partnership for Medicaid Home-Based Care announced that Centene and All Metro have joined as founding members of the partnership. The partnership is a group of national home care provider organizations looking to advance the delivery and integrity of high-quality, cost-effective Medicaid home-based […]
New technology solutions show promise in helping seniors stay at home, with focuses on therapy, socialization and monitoring programs. One tool has even been proven to reduce the need for anxiety medications by 30%, according to a recent Forbes article. This tool, called Paro, is a $6,000 therapeutic robot seal that gives seniors a chance to […]
With the desire to age in place representing a common thread among many older adults, technologies that accommodates this whim continue to have a seat at the table when it comes to helping seniors remain independent at home, according to USA Today. It’s no surprise that an overwhelming majority of seniors want to live out the remainder […]
A San Francisco startup company is offering an activity-sharing experience that supports older adults’ desires to age in place. Lively, with the hopes of generating pre-order pledges, unveiled its product line this week on Kickstarter, a funding platform that fuels creative projects from anything to films, games, music, technology and design. Lively brings together an […]
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