Identifying Innovative Technologies
This summer, Barbato was asked to be a guest on the Madison, Wisconsin-based business and innovation blog Flyover Labs, to talk about how innovations are helping improve the lives of seniors, whether it’s through small, incremental advances that come from simply engaging with seniors and senior-living staff, to the technological advancements focused on bettering the lives of older people, to what Barbato calls “transformational innovation.”
At Revera, “transformational” takes the form of the Revera Innovators in Aging program, an ongoing investment created by Revera, says Barbato, to find new ways to enhance the resident experience, engage employees and increase efficiencies, with successful startups receiving funding from Revera to help develop the idea. Recently, a group of high school students, in San Francisco, pitched Revera a wrist-worn sensor that detects if someone requires immediate medical attention — immediately contacting emergency services based on the sensor’s GPS.
“They’re in high school, I just want to repeat that,” Barbato told the Flyover host, David Kruse. “We are seeing more young people interested in solving aging problems. I just find that fascinating.”
“Ultimately my measure of success will be that we have implemented products and services and technology into our homes that make a difference to the resident and the family that we serve,” says Barbato.
You can listen to the podcast here.