Realty Times - Consumers Want Health Care Electronics At Home

Front Page

The Only Listing Presentation That Proves To Sellers You Really Do Have Buyers!

NEED HELP?

Click for Live Support

Call: 214-353-6980

Consumers Want Health Care Electronics At Home

by Broderick Perkins

Most consumers want the electronics that can help them monitor and care for their health at home because, they say, the devices will keep them out of health care facilities and save them on health care costs.

In the latest example of the move toward digitizing the American home, "Home Healthcare Electronics: Consumers are Ready, Willing and Able," by New York-based Accenture, a management consulting and technology services company, says 81 percent of consumers surveyed believe home electronic medical devices would help them avoid trips to the emergency room and stays in the hospital.

Electronic home health care devices currently available include a wearable non-invasive glucose monitor for diabetics, in-home hemodialysis (therapy for chronic kidney disease patients) units, and do-it-yourself screening tests for conditions ranging from high cholesterol to blood-borne infections.

The survey also found 71 percent of those surveyed said they believe that the devices would help them avoid visits to the doctor's office; 81 percent said they would use the devices to make sure a family member or friend is well; and 82 percent said they believe that the devices would help them save money.

Conducted by the Accenture Institute for Strategic Change and Accenture's Electronics & High Tech industry group, the online survey conducted last spring includes 4,313 results from randomly selected consumers in a demographic pool matching that of the general population.

Accenture says the survey sends a message to electronics manufacturers that consumers want electronics that allow them to save money, but also to take care of themselves and remain in their homes instead of being gurneyed off to health care facilities.

Other studies reveal most consumers want to retire to their existing homes and age in place, rather than at a nursing home or health care facility.

The Accenture study also identified four major trends:

The population is aging and that means increased incidences of chronic illnesses and the demand for health care services.

Increased demand for health care services can inflate costs and place a drain on critical health care skills.

Technology can reduce health care costs.

Informed, health-conscious consumers want to play active roles in taking care of themselves.

The survey said among those older than 65, 61 percent said they would be willing to upgrade cable, telephone or Internet services and 63 percent would upgrade televisions, personal computers and other home electronics to work with the medical devices. Also, 51 percent said they would add new services to enable them to use medical devices.

While the demand obviously exists for in-home electronic health care devices, society must overcome the hurdles of government regulation, education and the ability for consumers to actually obtain these devices for use in homes, en masse.

To overcome such hurdles and get the devices in consumers' homes, the survey recommended that manufacturers:

Reduce costs for home health agencies and hospitals and sell directly to them.

Make the devices available through HMOs (health maintenance organizations), insurance coverage and the government.

Partner with new service providers and special disease-management companies.

Sell the products directly to consumers.

"The most effective companies will likely pursue all four strategies. The global trend toward moving point-of-care closer to the patient and the willingness consumers have to use electronic devices make this a prime market for manufacturers to pursue," said Charles Roussel, a partner in Accenture's Electronics & High Tech industry group.

Published: January 22, 2003

Use of this article without permission is a violation of federal copyright laws.

Related Articles:

Broderick Perkins parlayed a career in old-school journalism into a contemporary digital news service that really hits home.

The award-winning consumer journalist, originally from Wilmington, DE, is founder, publisher and executive editor of the bootstrap DeadlineNews Group, a Silicon Valley-based editorial content and consulting service specializing in residential real estate, consumer news and related editorial consulting services.

The DeadlineNews Group includes the website, DeadlineNews.com, offering real estate editorial content and consulting services, and its back shop, the Deadline Newsroom, an open house on news that really hits home.

Perkins obtained his formal journalism education from University of Delaware and a journalism boot camp, the Institute of Journalism Education at the University of California-Berkeley. He went on to 20 years of service as a daily newspaper journalist at the Wilmington, DE News Journal and San Jose, CA Mercury News.

Perkins covered housing on the San Jose Mercury News reporting team which earned a General News Reporting Pulitzer Prize in 1989 for coverage of the Loma Prieta earthquake.

He has also produced real estate, consumer and small business content for the Wall Street Journal, Los Angeles Times, RealtyTimes.com, Nolo.com, Better Homes and Gardens, the National Association of Realtors, Homestore/Move and Intuit/Quicken among more than three dozen publications.

In addition to managing the DeadlineNews Group, Perkins most recently served as chief editorial consultant for Nolo's Essential Guide To Buying Your First Home, Nolo, and writes real estate television scripts for RealtyTimes.com.

Real Estate News Network