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Dear Colleagues and Friends,
Welcome to 2021! We had a very exciting start to the year with our Longevity, Health & Innovation (LHI) Conference, where 100+ new investors attended and engaged in meetings. Our conference keynote, Dr. Jean Accius, shared that the impact of the 50+ population on GDP is equivalent to the third largest economy of the world, after the US and China, generating $8.3 trillion in economic activity. We are very pleased with our new partnership with Life Science Nation - this was the first of our four LHI conferences.
Congratulations to the xCures team for being the LHI Pitch Challenge Winner! xCures empowers advanced cancer patients by identifying the best treatment options for them to consider with their physician, tracking their outcomes and continuously learning from every interaction. Learn more here.
As part of our 2021 planning, we are very interested in hearing from you about the topics that are weighing most on your mind. We have also selected some of the best new business books on innovation like Larry Keeley's Ten Types of Innovation, the Discipline of Building Breakthroughs, What Got You Here Won't Get You There by Marshall Goldsmith, and John Doerr's book, Measure What Matters, is always worth a re-read.
Warmly,
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What's Next Podcast Episode 6 Coming Soon!
Top Tech Trends for 2021: CES and Beyond
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AARP Releases Nursing Home COVID-19 Dashboard
4-Week Analysis of Virus Infiltration
The coronavirus pandemic has been a tragedy for all Americans across various physical, social, and financial proportions, so for some, the crisis occurring in our nursing homes may have escaped their notice, but it shouldn't. To date, more than 136,000 residents and staff have died from COVID-19, and while fewer than 1% of Americans live in long-term care communities, 40% of all COVID related deaths have occurred there.
With the goal of identifying specific areas of concern at the national and state levels in a timely manner, AARP has released their latest Nursing Home COVID-19 Dashboard to provide a four-week snapshot of the deadly infiltration of the virus. The dashboard provides the most up-to-date figures, offering insights into resident deaths, resident cases, PPE shortages, staff cases, and staffing shortages, shining a spotlight on the growing devastation occurring to our nation's most vulnerable population. Visit AARP for more information.
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Global Virtual Event: CABHI Summit 2021
Presented by the Centre for Aging + Brain Health Innovation
The CABHI Summit: Accelerating Innovation and Amplifying Impact is a new global virtual event that will take place on March 24 and 25, 2021, and will include:
- A $500K pitch competition, the largest in the aging and longevity sector
- The launch of a new global community platform for older adults and their care partners as users, discoverers, and co-designers of healthcare innovation
- Global thought leaders in one (virtual) room with you, innovative minds sure to spark collaborations and share insights
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GetSetUp's Statewide Partnership With Michigan Helps Residents Cope with Loneliness
Virtual Community on GetSetUp is Helping Many Older Adults
GetSetUp's partnership with the Michigan Department of Health and Human Services meant that all older adults in Michigan had access to free classes that helped residents cope with COVID-19 separation during the holidays. Learners like Carol Hart have taken this knowledge and are working to get other seniors connected virtually. Carol has gotten her group of over 100 senior volunteers engaged and working with technology to connect with students, who they were formerly mentoring in schools, by creating a Youtube channel.
Now over 32,000 older adults in Michigan are connected with learners across the country and globe to thrive in the GetSetUp community. Many learners come online daily to enjoy camaraderie while learning. With classes in the US, India, Australia, and the UK continuing to grow and expand the GetSetUp community continues to grow and thrive, helping to battle loneliness and foster empowerment!
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BlueStar SeniorTech Acquires Texas-Based Monitoring Company
300 Patients Added to RPM Roster
Last month, the BlueStar SeniorTech team acquired a Texas-based monitoring company which added about 300 patients to their roster of RPM patients. They also started a crowdfunding campaign that has in just one month raised two thirds of their $250,000 fundraising goal. The company has also received a new investment from the Ziegler Link-Age Fund and has partnered with VitalTech to sell to physician offices across the country.
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Naboso Technology Launches Two New Products
Enhancing Neuro Activation, Balance and Movement Longevity
The team at Naboso Technology has launched two new products that are both designed to enhance neuro activation, balance and movement longevity. These new products at Naboso include the Duo Insoles which is a medical grade silicone, dual stimulation, reversible insole and the second is the Neuro Ball developed in partnership with RAD Roller.
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MemoryWell Raising $2 Million to Scale its Life Storytelling Platform
Boston-Based Argon Ventures is Leading the Round
The MemoryWell team is raising $2 million to scale its life storytelling platform to promote person-centered care and harness hard-to-obtain insights about social determinants of health. The round follows a $1 million seed round led by Dagmar Dolby with participation from UsAgainstAlzheimer's co-founder George Vradenburg, HealthTechCapital and Halcyon founder Dr. Sachiko Kuno's S&R Fund. The company will receive a Healthcare Breakthrough Award in February, you can RSVP for the virtual award ceremony here which is free and open to the public. Read more exciting updates from MemoryWell here.
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VitalTech® Tackles SDoH to Remove Barriers to Engagement, Isolation and More
SDoH affect physical and mental health outcomes for the aging population
On January 7, 2021, the Centers for Medicare & Medicaid Services released a statement to health officials regarding new measures to help states better address Social Determinants of Health (SDoH). VitalTech's leading edge technology aims to helps solve two of the preeminent SDoH issues facing our aging population: engagement and social isolation. On the engagement front, the VitalCare® app and VitalCare Family app keep seniors connected with their loved ones, even if they cannot be together physically. Learn more here.
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MyndVR Featured on Good Morning America
New Technology Keeping Families Connected
Families are providing an escape for those isolated from loved ones during the pandemic, especially seniors, by coming up with creative ways, including virtual reality, to keep everyone connected. MyndVR and their work with HarborChase was recently featured by Good Morning America. The piece highlighted how they are helping foster connection for older adults with virtual reality especially during these times of isolation caused by the global pandemic.
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Upcoming Mary Furlong & Associates Virtual Events
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