CareRooms.co Building a Community that Cares - Paul Gaudin Co-Founder & CEO - Presentation ...
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CareRooms. co
Building a Community that Cares
Paul Gaudin
Co-Founder & CEO
CareRooms.co - Solving 4 problems
Health
Care Capacity
Education
Retirement
Social Isolation
Income
Private and confidential, Copyright The Carerooms Ltd 2017
e2m
“bed days” lost to delayed
transfers of care in acute
hospitals in 2017
x2.7
Underepresentation by
official figures
30%
Increase in 2 years
£1b
direct cost of patients in
beds with no more need for
treatment
* National Audit office
Private and confidential, Copyright The Carerooms Ltd 2017
One in three of us will enter a nursing home. One in six will need
daily care for at least three years. And Medicare does not pick up
$92k that tab.
10% of elderly Americans have any sort of insurance for long-term
average cost of a mid range care. Altogether, existing policies cover just 4% of spending on care
care home per year nationwide. The result is a uniquely American tragedy: Many ailing
seniors spend down all their assets — intentionally becoming
10% indigent dependents — just to qualify for a bed in a Medicaid ward.
of elderly Americans have
insurance for long term care
Me
e20m Stanford Graduate School of Business
Delayed Transfer of Care
nights lost
*+$115b
direct cost of patients in
beds with no more need for
treatment
* Source Optum
Private and confidential, Copyright The Carerooms Ltd 2017
“At least 8 million adults over
age 50 that are affected by
isolation, a problem that can impair mental
performance, compromise the immune system
and increase the risk of vascular, inflammatory
and heart disease”.
• 17% of older people are in contact Prolonged social isolation can equal the health
with family, friends and neighbours risks of smoking 15 cigarettes a day, according
less than once a week and 11% are in to a report from the AARP Foundation
contact less than once a month (Victor
et al, 2003)
• Over half (51%) of all people aged 75 and over live alone (ONS, 2010)
• Two fifths all older people (about 3.9 million) say the television is their main company (Age
UK, 2014)
• 63% of adults aged 52 or over who have been widowed, and 51% of the same group who
are separated or divorced report, feeling lonely some of the time or often (Beaumont, 2013)
• 59% of adults aged over 52 who report poor health say they feel lonely some of the time or
often, compared to 21% who say they are in excellent health (Beaumont, 2013)
• A higher percentage of women than men report feeling lonely some of the time or often
(Beaumont, 2013)
Private and confidential, Copyright The Carerooms Ltd 2017
UK Care Analysis - Shrinking capacity
90% of residential and nursing care services now
delivered by independent providers
Care market Value
£8.1 billion
Local Authority
£4.2 billion spent on care
NHS
£2.6 billion spent on care
Private payors £1 billion
Source: LaingBuisson’s Care of Older People*
Example: 3,000 beds lost in just 6 months
between October 2014 and March 2015
Private and confidential, Copyright The Carerooms Ltd 2017
CareRooms.co
Connecting Hosts with Patients
Private and confidential, Copyright The Carerooms Ltd 2017
Zoned and monitored Patient area
The Patient
Safeguarding Patients and Hosts * Constant tracking of movement, entry to
and from each area and ID for those
coming into and out of the house house.
* Room Temperature
Zoned and monitored Visitor area
* Patient temperature
The Visitors and Carers * Falls detection
* Constant tracking of movement, entry to and * Sleep patterns
from each area and ID for those coming into and * Urine analysis
out of the house house
Zoned and monitored Host area
The Host
* Constant tracking of movement, entry
to and from each area and ID for those
coming into and out of the house
Private and confidential, Copyright The Carerooms Ltd 2017Delivering the Five Year Forward View
P Prevention I Integrated Care
• Hosts remain active with better income • Stakeholders in primary, secondary and
• Reduce readmissions social care
• Education and secondary prevention • Microsoft providing interoperability
between systems
E Efficiency T Technology
• Array of technology solutions bringing
• Saving of £175/night vs Hospital Care
• Increasing amount of self-paid care direct benefit to patients
• Technology to provide smart use of • Controlled environment for research
resources and iteration
Private and confidential, Copyright The Carerooms Ltd 2017CareRooms.Co
Building a Community that Cares
Any Questions?
Thanks for Listening
Private and confidential, Copyright The Carerooms Ltd 2017Basic Copyright Notice & Disclaimer ©2017 This presentation is copyright protected. All rights reserved. You may download or print out a hard copy for your private or internal use. You are not permitted to create any modifications or derivatives of this presentation without the prior written permission of the copyright owner. This presentation is for information purposes only and contains non-binding indications. Any opinions or views expressed are of the author and do not necessarily represent those of Swiss Re. Swiss Re makes no warranties or representations as to the accuracy, comprehensiveness, timeliness or suitability of this presentation for a particular purpose. Anyone shall at its own risk interpret and employ this presentation without relying on it in isolation. In no event will Swiss Re be liable for any loss or damages of any kind, including any direct, indirect or consequential damages, arising out of or in connection with the use of this presentation.
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