Future of Ageing Presentation to CQC - June 4, 2018

Stephen Johnston | June 4, 2018 | CQC | @sdbj
CQC Foresight Group, London
June 4, 2018
Stephen Johnston
Co-founder, Aging2.0
Founder, Fordcastle. Advisor: T7 Technology, Sompo Holdings, Irvine Health Foundation, Music & Memory.
www.sdbj.net stephen@fordcastle.com | Tel: +44 (0) 7377 357 999 | @sdbj
Will we We will need to change how we think about ageing and
old age in the coming decades?

Stephen Johnston | June 4, 2018 | CQC | @sdbj 3
Aging2.0 | A global network of innovators...
60 Chapters, 150 corporate partners and annual OPTIMIZE event in San Francisco

Eight topics reflect priorities for older adults and industry
...taking on eight ‘grand challenges’ in ageing
www.aging2.com/grandchallenges/report
4

1 From passive recipients to active stakeholders

Older adults as ‘CEOs’ of their own health and contributors to society
More thoughtful product and service design enables older people to stay independent, productive
and contributing more in a variety of formal and informal ways. Tech companies are moving faster
than healthcare and pharma players to move the locus of health to the home and community.
Badalona
7
Active Protective
Alexa Spot

Aspirational brands combine form with function
After multiple failures, savvy brands are developing new products that speak to wisdom, aspiration
and style. Newcastle’s VOICE program (and others) are developing systematic ways to connect
corporates with consumers, extending all the way up Maslow’s pyramid of needs.
Seismic
Auriens & FT’s Next Act
8

2 From paper siloes to valuable connected data

New data sets (e.g. IoT, Smart Cities) provide more holistic, longitudinal insights
Good quality, holistic data is becoming more available via wearables, home sensors and community
data. Forward thinking regions are rethinking health at the local level and investing in infrastructure,
data, and older people themselves as community assets.
10

AI increasingly used for prediction, prevention and diagnosis
Interoperability and open standards enable best practice sharing and large data sets required for
machine learning. Genentech paying 23andme $20k per patient highlights the potential value, while
Finland’s IHAN aims to ensure open data interoperability to share this new value equitably.
11

3 From handouts to business models

Distributed ledgers and smart contracts enable low-cost evaluation & personalized incentives
Theories of change that connect activities to social outcomes (healthcare costs, readmission rates,
happiness...) can be tested and improved. IoT and crowd-sourced data (e.g. reCAPTCHA) can connect
to smart contracts, aligning incentives to reward (e.g. via ‘care coins’) disparate care teams.
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Proof of impactProvenance & Co-op

Pay-for-success as a mechanism to identify and scale risky new interventions
Recognizing and rewarding value in the ‘informal’ care economy is critical to support caregivers and
align societal resources. A Meals on Wheels social impact bond project in Maryland explicitly
connects health outcomes with social interventions, and more are likely to follow (esp. in USA).
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Meals on Wheels

Summary
15

Stephen Johnston | June 4, 2018 | CQC | @sdbjStephen Johnston | June 4, 2018 | CQC | @sdbj 16
From passive recipients to active stakeholders
➔ Older adults as ‘CEOs’ of their own health and contributors to society
➔ Aspirational brands combine form with function
From paper siloes to valuable connected data
➔ New data sets (e.g. IoT, Smart Cities) provide more holistic longitudinal insights
➔ AI increasingly used for prediction, prevention and diagnosis
From handouts to business models
➔ Distributed ledgers and smart contracts enable low-cost evaluation & personalized
incentives
➔ Pay-for-success as a mechanism to identify and scale risky new interventions

Future of Ageing Presentation to CQC - June 4, 2018

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Future of Ageing Presentation to CQC - June 4, 2018