SHIC addresses critical senior healthcare issues facing the nation.

The Members of SHIC believe even more cost reductions can be achieved by understanding, in real time, the true healthcare needs of each patient and providing improved access to the right healthcare services at the right place and the right time. With the right monitoring and diagnostic tools, the “right place” can most likely be the patients’ own home, with the goal of reducing trips to the emergency room, hospital or skilled nursing facility. This will lead to better outcomes and patient safety, and ultimately improved quality of life.

Essentially, the Members of SHIC seek to disrupt the current healthcare delivery system by greatly improving the available data used for healthcare decision making, and creating effective prevention and treatment protocols that improve quality and public safety, and reduce emergency room visits, hospitalizations, and skilled nursing referrals. Finally, this approach will bring insurers and providers in line with the common goal of reducing costs.

SHIC Focus Areas

Senior Healthcare Innovation Consortium Inc (SHIC) is an educational and scientific research consortium that seeks to improve senior population health, public safety, and reduce societal costs associated with the aging population in the United States.  SHIC focuses on the following primary objectives:

Focus Areas

  • Prevention & Treatment of Senior Health Conditions
  • Predictive Interventions & Treatment Protocol (e.g. diagnostic sensors and AI Technology, etc.)
  • Telehealth & Aging in Place
  • Remote Patient Monitoring
  • Improve Quality of Life
  • Pharmaceuticals
  • Cost Reduction

Senior Healthcare Critical Issues

Aging Population & Eldercare Economics

Over 54 million Americans are 65 or older, more than 85.7 million by 2050. $4.1 trillion spent in healthcare in 2020. People 55 and over accounted for 56% of total health spending in 2019.

Solutions are needed to leverage technology and data to positively impact senior health care treatment and delivery models to reduce societal costs.

Holistic Approach to Elder Healthcare

Senior healthcare is moving towards a system that attends to significant issues that affect the overall quality of life of older adults and their families.

The current focus on diagnosis and treatment of specific diseases is not cost-effective in addressing complex health issues affecting seniors.

Risk Mitigation in Senior Healthcare

Prevention or precluding the onset or minimizing the risk of a disorder should prioritize intervention, controlling or eliminating risk in progress.

There is a need for systems that integrate technology and health record systems to reduce risks in seniors’ lives and lifestyles proactively.

Age-Related Cognitive & Chronic Disease

92% of seniors have at least one chronic disease (e.g., heart disease, stroke, cancer, diabetes, dementia), and 77% have at least two.

Growing healthcare issues for seniors require attention as a person progresses from aging in place to congregate living settings.

Interoperable Solutions for Independent Living

There is a need to develop independent living solutions for seniors to maintain their autonomy even if they require assistance

Interoperable solutions are needed to integrate low-cost sensors, body area networks, telehealth, artificial intelligence (AI), and the internet of things (IoT)

Rural and Underrepresented Communities

Those living in rural counties are more likely to be uninsured, live within a health professional shortage area and experience a local hospital closure

Innovative practices are needed to mitigate these disparities and provide regional “stretch” from urban infrastructure to rural or remote communities

Nutrition & Food Safety

Food quality and diet-related illnesses are a leading source of poor health in seniors causing malnutrition

Solutions are needed to address an aging populations’ susceptibility to foodborne pathogens and diseases affecting the digestive system like norovirus and C. difficile.

Drug Management

People usually have increasing prescriptions with increasing age, leading to additional risk factors: increased fall potential, weight loss, anorexia, etc.

We need to establish better prescription and adherence management systems to prescribe judiciously for older patients.

SHIC Innovative Solutions

Focus Areas

Focus Areas

  • Telemedicine, Wearable Health Technologies, Predictive and Diagnostic Tools, Smart Assistive Technologies

  • Virtual Exercise Programs, Fitness Applications, Wearables, Podcasts, Interactive Media

  • Fall Prediction Systems, AI-Enabled Electronic Health Records (EHR), EHR Connected Mobile Devices and Remote Monitoring
  • Telehealth and Virtual Counselling, COPD Puffer Monitors, Wearables and Mobile Applications
  • Portable Diagnostic Systems, Assistive Technology, Rehabilitation Devices, Age-friendly Buildings
  • Telemedicine, Remote Drug Delivery Systems, Remotely Guided Therapeutic Systems, Remote Monitoring, Smart Mobility Technologies, Business Model Innovation
  • Food Preparation and Sanitization Technologies, Food Quality Assessment Tools, Smart Food Trays, Diet and Nutrition Guidance through Apps and Podcasts, Food Shopping and Meal Prep Guidance, Pre-made Food Delivery Systems, Smart Refrigerators
  • Prescription Drug Management Systems and Technologies, Smart Pill Packs, Smart Puffers, Reminder Systems, Smart Analgesic Systems

Focus Areas

Who should join?

SHIC stakeholders collaborate to solve and disrupt senior healthcare treatment and delivery models for the future.

  • Health care providers and health care delivery organizations
  • Academic institutions and nonprofit organizations

  • Providers of tertiary medical databases: Accountable Care Organizations (ACO), doctor networks, etc.

  • Centers for Medicare & Medicaid Services (CMS), Department of Veterans Affairs and other payers

  • Federal Agencies: NIH, NSF, HHS, DoD, DHA and others

  • Pharmaceutical industry
  • Professional societies
  • Advocacy organizations
  • Regulatory agencies: FDA and others

Learn How to Join SHIC