PALO ALTO, Calif. (PRWEB) August 26, 2020
People Power, a telehomecare software company with an advanced AI-powered connected home platform for today’s most intelligent remote caregiver services, announces CEO Gene Wang will share the company’s vision for the expanding remote homecare market at the seventh annual Connected Health Summit, September 1-3, 2020. The Parks Associates virtual event is an executive conference focused on the impact of connected devices and IoT healthcare solutions for the home consumer market.
Wang will share the virtual stage with Mark Dunning, President and CEO of Care Planning Institute, in a joint keynote as they combine their expertise on the subject of the rapidly changing landscape of home care in the COVID-19 era. Together, the two innovators will explain how to increase customer and agency acceptance of next generation telehomecare solutions, cost reduction strategies, and innovate ways to pay for these critical homecare services.
“Before the COVID pandemic, most people preferred to age in the comfort of their own homes. Today, one-third of all U.S. Coronavirus deaths are nursing home residents or workers. Understandably, people see risk in high-density senior facilities,” said Gene Wang, CEO of People Power and Parks Associates Connected Health Advisory Board Member. “The cost of homecare has risen to an average of $51,000 per year, unaffordable to many. Our technology can dramatically reduce the cost of 24/7 homecare while also reducing loneliness and depression suffered by many seniors in this era of social distancing.”
The executive conference, sponsored by Alarm.com, Athena Health, Nortek Security & Control, and Sprosty Network, features multiple research presentations and interactive sessions focused on key topics in the connected health space. The conference also includes special networking events to connect, share insights, and discuss the immediate, near-term, and long-term impact of COVID-19 on the consumer healthcare market. For more information, visit http://www.connectedhealthsummit.com.
“Dependence on telehealth systems has increased dramatically, to levels unthinkable just a year ago. Given customer familiarity with these experiences, we have learned they now consider remote care solutions appealing and worthy of their trust, which will further broaden adoption,” said Mark Dunning, President and CEO of Care Planning Institute. “With expanding adoption, we’re aggressively working to address consumer funding challenges through Medicare and Medicaid reimbursements, insurance discounts, and veterans benefits that will undoubtedly help increase consumer adoption.”
Registration is open, and people are invited to attend at http://www.parksassociates.com/events/connected-health/register.
About People Power
An industry-leading software and services company specializing in AI-powered solutions for telehomecare, home safety, security and energy management. https://www.peoplepowerco.com
About Care Planning Institute
Helping people locate senior care solutions and funding, CPI features an in-house accredited Veterans Benefits Group to assist veterans and spouses in locating care funding from the VA. https://www.careplanninginstitute.org