Parks Associates: More Than 50% of Current or Future Caregivers Are Willing to Pay for an Independent Living Solution for a Loved One

Parks Associates to host workshop on smart home solutions at 10th annual Connected Health Conference in Boston with speakers from Alarm.com, Comcast, MobileHelp Healthcare, and Orbita

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Parks Associates

Sep 19, 2018, 08:34 ET

DALLAS, Sept. 19, 2018 /PRNewswire/ -- International research firm Parks Associates announced today it will host the workshop "Connected Health and IoT: Impact of Smart Home Solutions" on October 17 in Boston, prior to the start of the Connected Health Conference, hosted by the Personal Connected Health Alliance (PCHAlliance). The workshop will discuss the role of connected consumer technologies in the home to aid in remote care, wellness, and independent living, including insights from the firm's new research 360 View: Health and Independent Living.

Parks Associates: Top Preferred Purchase Channel for Independent Living Solution

"More than 30% of U.S. broadband households are either current or future caregivers for a loved one, and more than one-half are willing to pay for an independent living solution for that person," said Jennifer Kent, Director, Research Quality & Product Development, Parks Associates. "Cared-for loved ones want to stay in their home as long as possible, and smart home monitoring solutions can help accomplish this goal, particularly in their ability to alert first responders in an event of emergency, and to detect fire, water leak and other safety issues, like whether seniors leave a stove on."

"We are pleased to continue our collaboration again this year with Parks Associates," said Richard Scarfo, Vice President, PCHAlliance. "Together, we provide attendees with knowledge and guidance at the intersection of the connected health and home, and highlight the role of connected consumer technologies in the home to aid in remote care, wellness, and independent living."

Parks Associates health research reveals 34% of caregivers willing to pay for an independent living solution are interested in purchasing this offering from a company that specializes in independent living solutions. Seventeen percent would prefer a home security service provider, and 15% would prefer a health insurer.

The workshop "Connected Health and IoT: Impact of Smart Home Solutions" will feature multiple sessions focusing on solutions to address the complete healthy living needs of consumers and households:

Connected Health: Home Service Provider Perspectives
Independent Living: The Role of the Smarter Home
Special Session: Enabling Engagement and Independent Living Through Voice
Integrating Health and Consumer Technology Ecosystems

Speakers include:

Nancy Green, Global Practice Lead, Healthcare, Verizon
Lainie Muller, Director, Wellness, Alarm.com
Chris Otto, Senior Vice President, MobileHelp Healthcare
Nathan Treloar, President & COO, Orbita, Inc.
John Valiton, CEO, Reemo Health
Anthony Versage, Head of Product, Health and Wellness, Comcast

To schedule an analyst meeting or request specific research data, contact Julia Homier at [email protected], 972-996-0214.

About the Connected Health Conference
PCHAlliance has created an unmatched leadership event, bringing together the industry's two leading events -- the Connected Health Conference (formerly the mHealth Summit) and the Partners Connected Health Symposium. This year's theme, Balancing Technology and the Human Element, will showcase forward-thinking approaches and technologies that are driving integration of connected health into consumer health and care delivery. The 10th annual Connected Health Conference will take place October 17-19 at the Seaport World Trade Center in Boston. Please visit the CHC18 website for details and easy online registration.

About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions. http://www.parksassociates.com

Media Contact:

Julia Homier
Parks Associates
972.996.0214
[email protected]

SOURCE Parks Associates