1. BioFocus Conference
Aging2.0 | Building a global innovation ecosystem for ageing
Newcastle, UK
July 3, 2018
Stephen Johnston
Co-founder, Aging2.0
Founder, Fordcastle. Advisor: T7 Technology, Sompo Holdings, Irvine Health Foundation, Music & Memory.
| Tel: +44 (0)

2. Intros

3. Aging2.0 | A global network of innovators...
15,000 people across 60 Chapters, 20 countries and 150 corporate partners

4. ...taking on eight ‘grand challenges’ in ageing18
...taking on eight ‘grand challenges’ in ageing
Eight topics reflect priorities for older adults and industry

5. Systems Collaborative to Accelerate the Longevity Economy
Fordcastle is bridging the gap between ‘age-friendly’ and ‘smart’ cities
5. Ecosystems
New metrics, business models and data approach to support them
1. Systems
Local and historical context plus tech infrastructure capabilities
Context
Infra- structure
Metrics & data
SCALE:
Systems Collaborative to Accelerate the Longevity Economy
Biz model & Funding
Culture
2. Collaboration
Stakeholders, culture and collaborative processes
Trans- formation
Commun -ities
Pilots & Platforms
4. Longevity
Health, ageing and senior care industry and its transformation
Challenges
3. Acceleration Local-level priorities and startup support - funding, advice, mentorship
Startup Support

6. 6 shifts from Ag(e)ing1.0 → Ag(e)ing2.0

7. From localized problems to a global innovation opportunity1
From localized problems to a global innovation opportunity
Increase in energy and awareness around ageing innovation - from landscape analysis and reports to conferences, 600+ WHO Age-friendly cities and communities, living labs and new funds, ageing is being reframed as an emerging global market.
Innovation maturity

8. From ‘terminal decline’ to perennial renewal2
From ‘terminal decline’ to perennial renewal
Increased understanding and new approaches (e.g. WHO’s ‘life course’) that position ageing as a journey of continuous reinvention and opportunity for training, re-skilling and intergenerational engagement.
New ways to reimagine the role of older adults as expert contributors and creators

9. From passive recipients to active co-creators3
From passive recipients to active co-creators
More thoughtful product and service design enables older people to stay independent, productive and contributing in a variety of formal and informal ways.
Visit them today!
Increasingly relevant products
Design-thinking ensures the voice of older adults and caregivers is heard in product and service creation
Reframing towards aspiration
Recognizing the buying power of this demographic new brands (e.g. Auriens) carve out new niches
Combining form with function
Products emerge that blend high function with style (e.g. MySeismic robotic body suit)

10. From medicalization to managing ‘social determinants’4
From medicalization to managing ‘social determinants’
Recognizing that 80% of clinical outcomes are driven by lifestyle and genetics, innovators are matching ‘social determinants’ to health outcomes, connecting with local resources and getting creative about behavior change.
Visit them today!
Understanding social determinants
Clarifying the role of social and community factors such as connections, food and mobility.
Resource matching
Ensuring people have access to most appropriate and available resources in their communities
Behavior change
‘Nudging’ and coaching people towards more positive behaviors and using local resources.

11. From hospital-centric to home- and community-based5
From hospital-centric to home- and community-based
The health business battleground is shifting from hospitals to homes and communities, reflecting an increased proportion of people needing proactive chronic care management rather than reactive acute care.
Smart homes
The home as battleground for startups and tech cos, increasingly adding health and social benefits
Peer support
New physical hubs to gather generations or provide senior care and new P2P care support models
Connected communities
New physical hubs to gather generations or provide senior-focused secondary care.

12. From handouts to new integrated business models6
From handouts to new integrated business models
New business models are emerging that align healthcare payers and innovators, in particular capitated payments that encourage providers to provide wrap around services and pay for success models. Insights can be generated from sensor data / IoT to help align incentives and reward progress towards identified metrics.
Capitated payments
Programs for All-inclusive Care for the Elderly (PACE) provide wrap around health and social needs for fixed monthly fee (appx $3-5k)
Pay for Success (PFS)
$100m in new PFS approved by US Congress in Q Meals on Wheels (USA) have 3 projects being rolled out.
IoT-based proof-of-work
Proof-of-Impact concept for crowd-sourcing impact measurement

13. Aging2.0 Building a global innovation ecosystem for ageing
From localized problems… to a global innovation opportunity
From terminal decline to perennial renewal
From passive recipients to activate co-creators
From medicalization to managing ‘social determinants’
From hospital-centric to home- and community-based
From handouts to new integrated business models