Published on February 6, 2014
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 Source: Family Caregivers Online – Pew Internet and American Life Project – July 2012 3
In Fact … 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.
Meanwhile … Many Caregivers Still Work 60% of Caregivers Are Employed Source: Family Caregivers Online – Pew Internet and American Life Project – July 2012 5
And This Impacts Both Caregivers And Employers Productivity Costs to Employers $4,000,000,000 $3,500,000,000 $3,000,000,000 $2,500,000,000 $2,000,000,000 $1,500,000,000 $1,000,000,000 $500,000,000 $Replacing Employees Absenteeism Partial Absenteeism Workday Eldercare Crisis Interruptions Supervisor Time Unpaid Leave The MetLife Caregiving Cost Study: Productivity Losses to U.S. Business – July 2006 Full-Time to Part-Time 6
Resulting In Unmanageable Costs Caregivers Increase Employer Healthcare Costs by 8% Annually The MetLife Study of Working Caregivers and Employer Healthcare Costs February 2010 7
There Is Hope - Technology Is A Solution 90% 80% 77% 76% 74% 74% Increase Effectiveness Reduce Stress 70% 60% 50% 40% 30% 20% 10% 0% Save Time Improve Caregiving Logistics Source: e-Connected Family Caregiver: Bringing Caregiving into the 21 st Century Study by National Alliance for Caregiving and United Health Group Jan 2011 8
In Fact, Multiple Technologies Create Opportunity 90% 80% 77% 70% 70% 70% 70% 61% 60% 50% 40% 30% 20% 10% 0% Personal Health Record Caregiver Coordination System Medication Support System Symptom Monitor Video Phone Source: e-Connected Family Caregiver: Bringing Caregiving into the 21 st Century Study by National Alliance for Caregiving and United Health Group Jan 2011 9
Moreover, Family Caregivers are Wired for Health 72% gather health information online, particularly about medical problems, treatments, and drug. 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. Source: Pew Research Center “Family Caregivers are Wired for Helath” June 2013.
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 • 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 12
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
eCareDiary – Expert Contributors 21
eCareDiary – Weekly Radio Show • eCareDiary broadcasts 3 radio shows – Empowering Family Caregivers Show – Caregivers and Physician Conversation – Caregivers Speak! 22
eCareDiary – Webinars 23
eCareDiary – Caregiver Message Board 24
HIPAA Privacy • 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 25
eCareDiary Contact Info Website: Email: Phone: www.eCareDiary.com firstname.lastname@example.org 646-489-0425 26
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