introducing ecarediary
TRANSCRIPT
Introducing eCareDiary“Helping Caregivers Help Their Loved Ones”
Caregiving Challenges Are Becoming Unwieldy
FOR INDIVIDUALS …
•44M+ family caregivers, 66M by 2020
•Caregivers spend 4 years, 19hours/week,
$450 billion in uncompensated care
•Over 50% experience stress & burden
FOR EMPLOYERS …
•Caregiving costs employers $17-34B/yr in lost
productivity and healthcare costs
FOR THE MEDICAL SYSTEM …
•Lack of medication compliance among seniors
is #1 cause of hospital readmissions at $6300 per
readmission
Sources: National Alliance for Caregiving, AARP, MetLife,
Health Affairs 2012.
And The Landscape Is Changing
3Source: Family Caregivers Online – Pew Internet and American Life
Project – July 2012
39% of U. S. adults care for an
adult or child with significant
health issues.
In 2010, 30% of adults were
family caregivers.
Source: Pew Research Center “Family Caregivers are Wired for Helath” June 2013.
In Fact …
Meanwhile … Many Caregivers Still Work
5Source: Family Caregivers Online – Pew Internet and American Life
Project – July 2012
60% of Caregivers Are Employed
And This Impacts Both Caregivers And Employers
6
$-
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
$3,000,000,000
$3,500,000,000
$4,000,000,000
ReplacingEmployees
Absenteeism PartialAbsenteeism
WorkdayInterruptions
Eldercare Crisis SupervisorTime
Unpaid Leave Full-Time toPart-Time
Productivity Costs to Employers
The MetLife Caregiving Cost Study: Productivity Losses to U.S. Business –
July 2006
Resulting In Unmanageable Costs
7The MetLife Study of Working Caregivers and Employer Healthcare Costs
February 2010
Caregivers Increase Employer Healthcare Costs by 8% Annually
There Is Hope - Technology Is A Solution
8Source: e-Connected Family Caregiver: Bringing Caregiving into the 21st Century
Study by National Alliance for Caregiving and United Health Group Jan 2011
77% 76%74% 74%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Save Time Improve Caregiving Logistics Increase Effectiveness Reduce Stress
In Fact, Multiple Technologies Create Opportunity
9Source: e-Connected Family Caregiver: Bringing Caregiving into the 21st Century
Study by National Alliance for Caregiving and United Health Group Jan 2011
77%
70% 70% 70%
61%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Personal HealthRecord
Caregiver CoordinationSystem
Medication SupportSystem
Symptom Monitor Video Phone
Moreover, Family Caregivers are Wired for Health
72% gather health information
online, particularly about
medical problems, treatments,
and drug.
Source: Pew Research Center “Family Caregivers are Wired for Helath” June 2013.
70% of American track health
data "in their heads."
39% of caregivers manage
medications for a loved one,
such as checking to be sure
pills are taken properly or
refilling prescriptions.
eCareDiary – Using Technology to Solve
Caregiving Challenges
• Inspired by personal experience and Founded by veterans of healthcare industry
• We Provide relevant content, tools, and services for caregiving management
• We help reduce time, cost, and stress for caregivers/recipients
• Featured in the NY Times, Wall Street Journal, USA Today, and Information Week
11
The eCareDiary Solution
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• eCareDiary offers cloud based tools that can be accessed through a
computer or mobile device to
• Manage appointments, caregiver visits and meals
• Track all medications
• Store Important documents
• eCareDiary offers award winning content and information including
• Articles
• Expert Q&A
• Videos
• Podcasts
• Message boards
• eCareDiary improves care coordination and reduces caregiver stress
Care Diary Tool – Manage Appointments
Care Diary Tool – Track Medications
Care Diary Tool – To Do List
Care Diary Tool – Assign Tasks
Care Diary Tool – Journal
Care Diary Tool – Store Documents
Care Diary Tool – Create a Care Circle
Manage Account
eCareDiary – Expert Contributors
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eCareDiary – Weekly Radio Show
• eCareDiary broadcasts 3 radio shows
– Empowering Family Caregivers Show
– Caregivers and Physician Conversation
– Caregivers Speak!
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eCareDiary – Webinars
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eCareDiary – Caregiver Message Board
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HIPAA Privacy
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• HIPAA does not apply because all data is self entered and does not
come from a third party
• Privacy is very important to eCareDiary• The Care Diary is safe, secure and password protected behind a firewall
• We follow HIPAA rules such as ensuring all data entered into the Care Diary
belongs to the owner and is not shared with anyone
• We use the best technology including Secure Socket Layer to ensure that your
information remains safe and secure
