Aging2.0’s 2016 Innovation & Technology Use Survey

Aging2.0 recently conducted its “Senior Care Innovation and Technology Use Survey” with the goal of understanding how senior care providers from across the care continuum are approaching innovation and implementing technology to support care. More than 100 organizations completed the survey, representing a near equal split between for profit and not-for-profit providers with balanced representation of organization size and services provided.

The New – and Improved – Role of Post-Acute Care and Aging Services Providers under the Affordable Care Act

Guest Blog By: Carrie Nixon, Esq., CEO -- Times are changing for those who care for our aging population --- and that’s not necessarily a bad thing. The dramatic shift from a fee-for-service model to value-based reimbursement, brought about by passage of the Affordable Care Act, creates new leverage for post-acute, long-term care, and aging services providers that most in the field never would have anticipated.

Spotlight on Taiwan - 2 of 3: Can Taiwan be a leader in innovation in aging?

Can Taiwan blaze the trail for innovation in aging at a state level? My recent trip to Taipei for the inaugural Aging Innovation Week (see report here) made me realize how much they were already doing right, and what significant potential they have to be a leader in innovation in aging. Like many other Asian and Western populations, Taiwan's is getting old fast. Today 11% of its population is over 65, but by 2025 that number will rise to more than 20%, officially categorizing it as a 'hyper aged' society. Against this background the government and local health and aging-care organizations are making a concerted effort to make plans to upgrade their infrastructure, services and financial models to deal with this new reality. Taiwan has a number of factors that it could use to implement innovation at scale to adapt to the new reality of a rapidly aging population:   Strong tech background. Taiwan has made great strides with its education system - its school-age students regularly beat the world at math and science competitions, and almost 70% of its 18-22 year olds are enrolled at a higher education institution, only second globally to South Korea. Taiwan is home to many large hardware manufacturers, such as Acer, Mitac, HTC and Taiwan Semiconductor, many of whom are starting to explore innovations related to health and aging (Mitac hosted us on the Industry Innovation Week). An easy on-ramp to China. For most people China can be pretty daunting, and Taiwan is a good on-ramp with many companies closely integrated. In general things are fairly well organized, efficient, clean, and many people speak pretty good English (certainly more than when I was in Shanghai and Beijing a few years ago), while the majority (98% of the 23m population are Han Chinese) speak Mandarin. Friendly, open and humble. I had been told to expect a friendly welcome, but I was still surprised by the warmth and welcoming attitude from almost everyone I encountered on my trip. (The height discrepancy often led to hilarity and many selfies as this the locals enjoyed welcoming this Western giant in their midst.) There was also a bias towards listening - a serious desire to learn best practices from the west, and the government have been engaging experts in the West about their new strategy and proposed compulsory long-term insurance plan (providers - take note). Efficient and well-liked health service. Taiwan operates a compulsory government-run health insurance system, established in 1995, which costs around 8% of GDP (compared to 19% in the US). Not only cheaper, it is more well-liked than the US one - 75% of survey recipients said they were very satisfied with the system, with a further 20% saying it was OK - only 4% didn't like it. Premiums are low (my hosts were entrepreneurs who paid around $25 USD / month for full coverage) as are co-pays, and are 100% covered for those on low-incomes. Strong family values and structures. Similar to many Asian countries, there is more of a tradition of the family living together across generations. I don't know what the percentage of people living in nursing homes that don't get any visits, but I suspect it will be significantly lower than in most Western countries. Aging-in-place / in-community will come naturally here. This makes for a strong set of assets. Here are some suggested actions that could accelerate Taiwan's role as an innovator in the space:

First Health2.0 Chicago Local: a successful event combining innovations and first-hand experience

[This post is from Aging2.0 team member Wen Dombrowski, MD]