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Dementia Care
With a growing population of older adults who are likely to experience long-term physical and mental health conditions, innovative technologies, such as the "IoT Senior Care Australia" project, will help more people get the support they need to living well in their own homes being part of various specialized programs for treatment and support that are part of the proposal to reduce anxiety and manage the stress associated with this disease. With this you can improve your lifestyle.
Associated Ecosystem based on Senior OS Platform
We integrate a range of technologies that work together to help people interact with their environment as part of IoT ecosystem. We have the technology that can provide them with diverse programs and treatments that can support patients , relatives an carers in terms of the dementia patient and their well being.
We use a combination of different devices with a focus on an interoperable solution that will allow these devices to speak a common language among patients, caregivers and health care providers. We will also take the data from those devices and translate them into actionable information to other members of the ecosystem such as relatives and carers.
Our plan is to integrate specialized partners to use our system with their services to make them participant from the dementia program we have taht integrated a communication platforms that has great potential, because using this technology we provide a new window into the experience of a person living with dementia and requires assistance with the people who provides that assistance, for them to do it better.
What we have now is the ability to integrate our system into the Dementia patient's environment. by the use of internet of Things, with a cloud based program and an integral group of associated ecosystems that results in an excellent complementary self assistance solution to dementia's patients.
Market Expectation
KEY POINTS
• In 2016, the cost of dementia to Australia was $14.25 billion which equated to an average cost of $35,550 per person
with dementia. In 2017, the total cost of dementia is expected to increase by 2.9% to $14.67 billion in 2016 dollars.
• Direct costs such as the cost of hospitalisation, visits to GPs and medical specialists, care, pharmaceuticals, transport
and other direct costs, contribute to 62% of the total costs of dementia, and indirect costs through the lost productivity
of both persons with dementia and carers to 38% of total costs.
• Over the next 20 years, direct costs will increase by 90% to $16.72 billion in 2016 and indirect costs by 67% to
$9.08 billion with the total cost of dementia reaching $25.80 billion in 2036.
• By 2056 the total cost of dementia in Australia will have reached $36.85 billion, a 2.6 fold increase in costs from 2016.
Network Effects
The team behind the care ecosystem also hopes it will keep patients out of nursing homes longer, all of which would reduce health care costs (In 2016, the cost of dementia to Australia was $14.25 billion which equated to an average cost of $35,550 per person with dementia).
The idea is that personal attention from the care team navigator who can connect patients and their families to resources, as well as social workers, pharmacists, and nurses who specialize in dementia care, can provide high quality care to people who don’t live close to specialty care centres.
Target Customer / End User
It is estimated that half of Australian men and two-thirds of women over the age of 65 will need formal aged care at some point in their lifetime. By 2055, it is expected the number of people over the age of 70 will triple.
With places limited, costs high, and facilities not always meeting the individual needs of older Australians, some interesting alternatives have been developed to give seniors more flexibility in their choice of aged care and living.
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This way having these technological advances the target market are the caregivers and the patients by themselves.
Communities that integrates & Benefits
think enabling somebody to live safely and with confidence in their own home environment is a fantastic benefit. People don’t want to go into hospital and spend a day, week or month in a hospital bed. We hope this project will help people stay at home longer and relieve the stress of caregiving, giving carers the confidence that they will be alerted if something goes wrong.
There’s no doubt dementia is a terrible and debilitating disease, anything that we can do to improve people’s quality of experience has to be helpful for the system by reducing bed stays and care home admissions. There is a lot of learning we can cascade across the health sector and I think for tech companies there’s great benefit in looking at the development of their products and what happens when you combine these products to provide better care.
Benefits for the Partner
Despite all of the possibilities of these devices helping the elderly to stay independent and active, and if the patients and caregivers accept this type of tools to help them, that personal attention from the "SENIOR OS" can connect patients and their families to resources, as well as social workers, pharmacists, and nurses who specialize in dementia care, can provide high quality care to people who don’t live close to specialty care centers.
A problem with current dementia care is that when patients don’t see a doctor frequently, problems that start small can come up between visits. If they’re left untreated, those small problems can snowball into emergencies. But when patients and their families can talk to their care team navigator about concerns at any time, they can address issues early and avoid emergency room visits and spending time in the hospital.