On a regular basis, you get a nurse that will come to a person's home with something they call they activities of daily living sheet. And it's just a check sheet. Is this person taking her medicine. Can she still cook. The problem is, if you fast forward a few years when you have so many people who are older, the thinking is that we might not have enough professional staff and nurses to actually take care of everybody who needs to do this. So if we can automate it, so the form is basically here…and as grandma is moving around and doing everything, your house actually can tell and can start filling out that form automatically." How far off is the technology from becoming available?
"We've done pilot programs and we have some more coming up. But we've already done some with Alzheimer's patients and we've seen some good results so far." Bloomberg Boot Camp, I'm Fred Fishkin.