MARYSVILLE, Ohio, Jan. 12, 2021 /PRNewswire/ — LifeBio®, a number one age-tech options firm utilizing memory strategies and life story work for social engagement, introduced as we speak it has been chosen to take part within the Innovator’s Pitch Problem (IPC) on the inaugural Longevity, Health & Innovation convention to be held just about and concurrently in the course of the 39th Annual J.P. Morgan Healthcare Week, January 11-15.
LifeBio’s MyHello™, a tech-powered, scalable dwell telephone intervention to stop loneliness in older adults and to deal with social determinants of well being (SDoH), was considered one of solely 37 early-stage firm merchandise amongst a whole bunch of entries invited to pitch to the life science and longevity investor judging panel. The 2-day Innovator’s Pitch Problem features a 4-minute pitch adopted by dwell Q&A classes on January 14-15. The aim of the pitch is to advance know-how in longevity and growing older by connecting consumers, sellers, and traders.
“The COVID pandemic elevated loneliness and isolation amongst older adults which we all know results in greater ranges of melancholy, poorer cardiovascular and diabetes well being and better charges of Alzheimer’s illness,” mentioned Beth Sanders, CEO and founding father of LifeBio. “MyHello is designed to be a high-tech intervention for loneliness utilizing current landline or cell phones and connecting older adults with participating conversations with the facility of life tales. Analysis reveals we scale back melancholy and improve happiness and well-being utilizing the LifeBio Memory Methodology™ and customized story strategies.”
Julianne Holt-Lunstad at Brigham Younger College, one of many foremost researchers on social isolation and loneliness, discovered these circumstances have as a lot influence on longevity as weight problems and even smoking. It’s estimated greater than 42 million older adults really feel remoted and lonely, whether or not they dwell alone or in congregate dwelling communities. In 2020, isolation and loneliness for seniors had been exacerbated by the security restrictions in the course of the pandemic. Along with the person influence, loneliness and social isolation additionally account for $6.7 billion in extra Medicare spending yearly in line with a 2017 report by AARP.
LifeBio® (www.LifeBio.com) has captured 1000’s of life tales, working with senior dwelling, hospice, medical insurance companions and different well being suppliers. The corporate has been acknowledged for its progressive method to creating options for social determinants of well being in older populations with its MyHello™ options www.MyHello.com, a spotlight of the brand new tips from the Facilities for Medicare and Medicaid Providers (CMS). LifeBio additionally lately acquired a $2.5 million grant from the Nationwide Institute on Getting old (NIA) Small Enterprise Modern Analysis (SBIR) program to check an internet platform utilizing synthetic intelligence (AI) to facilitate life story work for these with dementia and Alzheimer’s. (Disclaimer: Federal Grant ID: R44AG069566—the content material is solely the duty of the authors and doesn’t essentially signify the official views of the Nationwide Institutes of Well being.)
LifeBio Inc., is a number one age-tech firm with greater than 20 years of expertise creating social engagement options utilizing scientifically-proven memory and life story strategies. Headquartered in Marysville, Ohio, LifeBio works with well being care and senior dwelling organizations to seize key recollections and experiences for folks age 65+ or these going through life-limiting circumstances. Most of LifeBio’s work has been with organizations serving older adults. Nonetheless, LifeBio acknowledges the necessity to improve assist for psychological well being interventions throughout all age teams as a part of its ever-evolving product portfolio and partnerships. Be taught extra at: www.LifeBio.com or www.MyHello.com.
Beth Sanders – LifeBio