Opportunities and Challenges for Delivering Care in the Home

© Intel-GE Care Innovations LLC. All rights reserved. *All other third-party trademarks referenced herein belong to their respective owners.

Opportunities and Challenges for Delivering Care in the Home Doug Busch

SVP , Chief Operating Officer Care Innovations LLC


Our Mission

Care Innovations creates technology-based solutions that give people confidence to live independently, wherever they are.

Presenter

Presentation Notes

I’m guessing you expected me to talk about technology. Actually, how we approach our business is very different and somewhat unexpected. It’s really about the people who use and interact with our products. That is where the magic is. Care Innovations has a deep commitment to the ultimate consumer of our solutions. It’s about independence, dignity, and empowerment for all those we love.


Our Legacy

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• Intel’s expertise in technology • GE’s deep healthcare experience • History of innovating to solve hard problems • Industry leadership and advocacy • Proven world-class quality

Presenter

Presentation Notes

Care Innovations is a joint venture that was formed from the Intel Digital Health Group and the GE Home Health group. Two companies with a long history of innovation, solving wicked hard problems, and creating new markets. GE brings expertise in the health care market and Intel brings expertise in technology. You can expect these capabilities from our new company, and you can expect us to pick up the beat rate now. This is a great legacy to come from, especially with the challenges and opportunities in front of us in this market space. We truly think this is an amazing combination that, with your help, has a shot at creating a new reality for how health care is delivered in the future.


Product Portfolio

Intel-GE Care Innovations™ Guide Care Innovations Guide connects patients and their care teams for personalized healthcare management at home.

Intel-GE Care Innovations™ QuietCare®

The GE QuietCare system transforms eldercare with advanced motion sensor technology.

Intel-GE Care Innovations™ Reader The Intel Reader transforms printed text to the spoken word for those with reading-based disabilities or impaired vision.

Intel-GE Care Innovations™ Connect Care Innovations Connect is an easy-to-use digital solution that functions as a wellness communication device and social networking hub all in one.

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Delivering Care in the Home – the Need and Opportunity


The new old age: For women, age often brings isolation7

The New York Times, March 3, 2011

Sources: See speaker notes

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Presenter

Presentation Notes

1. http://www.healthleadersmedia.com/content/FIN-264180/Are-ACOs-Unaffordable 2. http://online.wsj.com/article/SB10001424052748704530204576232501106115820.html 3. http://seattletimes.nwsource.com/html/homegarden/2012395497_aging22.html 4. http://tribune.com.pk/story/128310/your-child-is-not-lazy-he-might-be-dyslexic/ 5. http://www.cmio.net/index.php?option=com_articles&view=article&id=26804&division=cmio 6. http://blogs.forbes.com/rickungar/2011/03/17/obamacare-one-year-later-do-you-get-it-yet/ 7. http://newoldage.blogs.nytimes.com/2011/03/03/for-women-often-age-brings-isolation/?partner=rss&emc=rss

© Intel-GE Care Innovations LLC. All rights reserved. *All other third-party trademarks referenced herein belong to their respective owners. 7

Over the next 20 years: 59% increase in seniors per working-age person

Crisis in Care


Spectrum of Needs

Medical

Behavioral

Nutrition

Social Connectedness

Assistive

Safety and Security

Transportation

Medications

Memory

Financial Management

Housing

Home Maintenance

Shopping

Activities of Daily Living

Exercise Entertainment

Mental Stimulation


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© Intel-GE Care Innovations LLC. All rights reserved. *All other third-party trademarks referenced herein belong to their respective owners. 13

Shifting Care Delivery Toward The Home

$10,000 $1,000 $100 $10

Quality of

Life

Cost of Care / Day

Hospital Ward

ICU

Home Care

Assisted Living Facility

Skilled Nursing Facility

Senior Living

Community

Individual Residence

Delivering Care at Home - Video


Key Challenges in Delivering Care in the Home

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• Appropriate Products/Services



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• Adapting Workflows



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• Effective Coordination



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• Viable Economics



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• Viable Economics

• Breaking through Adoption Barriers


Our Obligation

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Our Obligation

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Use innovation to-


Our Obligation

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Use innovation to- • Provide the care

our citizens deserve


Our Obligation

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• Make the burden on our children manageable


Our Obligation

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• Make the burden on our children manageable


Opportunities and Challenges for Delivering Care in the Home Doug Busch

SVP , Chief Operating Officer Care Innovations LLC

Copyright © 2011 Intel-GE Care Innovations LLC. All rights reserved. QuietCare is a registered trademark of Intel-GE Care Innovations LLC. Intel and the Intel corporate logo are trademarks of Intel Corporation in the United States and other countries, used under license. GE and the GE Monogram are trademarks of General Electric Company in the United States and other countries, used under license. All other third-party trademarks are the properties of their respective owners. Any use of the trademarks of Intel-GE Care Innovations LLC (and its related companies) is prohibited without express written permission.

Opportunities and Challenges for Delivering Care in the Home

Health & Medicine

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