A UK research report has found a growing number of couples over 60 live in separate households, a trend particularly pronounced among those entering a new relationship at this stage of their lives. Improved mental health is a bonus.
Speakers of the calibre of David Knoff, the expedition leader stranded with his team in Antarctic during COVID, can regularly be heard at this global institution that places a premium on knowledge, not qualifications.
Two healthcare hopefuls with cutting-edge technology
Over the last two years, Covid has weighed heavily on some of the big healthcare stocks. However, the market has long moved past Covid, and tech innovation is disrupting the healthcare sector at great speed. For that reason, there are suggestions that the next decade will see some of the wildest technological advancements take place in the healthcare sector. And some of those advancements are already starting to take place following the pandemic.
Here are two names we are watching:
TALi Digital Ltd (ASX: TD1)
For those with ADHD, this is the story about a Melbourne-based medical technology company that has developed a revolutionary and innovative system using cutting-edge technology to diagnose and treat cognitive problems such as attention difficulties in early childhood. Currently there is no proper solution. Treatment options are sparse, with the most common being psychostimulant medication, which focuses on improving symptoms rather than treating the underlying causes of attention problems.
The way TALi works is that it delivers diagnostic and therapeutic solutions to enhance cognitive function and behaviour. Its patented platform improves cognitive attention skills during early childhood, via its game-based screening (DETECT) and training (TRAIN) modules. The platform has had several wins in treating ADHD and related conditions.
TALi TRAIN is a ground-breaking game-based training program for young children that represents the culmination of over 25 years of research in developmental psychology and cognitive neuroscience.
The program has been proven, through scientifically validated clinical trials, to improve attention by strengthening underlying attentional processes. Critically, improvements were retained after treatment had stopped, suggesting that benefits are long-term, conferring a lifelong advantage.
TALi TRAIN strengthens a child’s ability to:
- Maintain focus on a task
- Improve learning at school
- Concentrate while learning something new
- Avoid distractions
- Prevent impulsive behaviour
- Avoid fidgeting and
- Switch between tasks
According to the company website, Australia has around 400,000 children (10%) presently identified as having severe attention difficulties. Globally the figure is around 136 million. So the opportunity is enormous.
Intelicare Holdings (ASX:ICR)
“Worry less, care more,” is the company motto that describes its 24/7, in-home smart system, which talks to your smartphone and helps detect and prevent falls and health risks before they happen.
The system includes 1 power sensor, 4 multi sensors and 2 door sensors and a hub.
How does it work?
The home monitoring system doesn’t use cameras or microphones. It’s smarter than that. It uses tiny sensors placed around the home to detect and monitor activity in the home, from rooms, doorways and key appliances. Using smart technology the hub is able to understand the person’s usual routines and lets the family know if something’s out of the ordinary, such as an elderly person falling, or a heart attack victim. Rather than waiting for an alarm from an elderly person when something is wrong, you’ll be able to check-in when you want to.
ICR shares rose by 35 per cent this week after the company signed up with MercyCare to provide its AI-based smart tech to help clients live independently. The contract will give IntelliCare access to 2,400 seniors who live on their own. MercyCare has committed to buying a minimum of 125 units.
