Episode 9:8 Michael Mann Talks About the Disruption and Acceleration of Age-tech

Age-tech pioneer Michael Mann advises and mentors early-stage startups to help founders design the best products for older adults. Listen to his views on technologies for aging in place and opportunities for growth in senior living.

About Michael

As founder of Tachyon Insights, Michael is an age-tech healthcare influencer who is passionate about empowering the lives of older adults and family caregivers. An industry influencer, he has 30,000+ LinkedIn followers and is a regular speaker at senior living and healthcare conferences. He is a mentor at 757 Accelerate and MedStartr Ventures. Michael credits his insight into caregivers and older adults to working as a social worker in skilled nursing facilities as a care manager and licensed assisted administrator, being a family caregiver and developing 1,000 + care plans.

Michael owned a care management company which supported Medicare/Medicaid dual eligible, and Humana members, where he oversaw initiatives that reduced hospital readmission by 32% over a 6 month period and 44% for chronic care members. The program dramatically improved member satisfaction, HEDIS measures, and quality metrics driven by risk individualized risk assessments. He also served as Chief Commercial Officer at Sagely, a wellness platform that empowers older adults and connects their families.

Michael holds a Masters in Healthcare Administration from George Washington University Milken Institute of Public Health. He has a wife, daughter and 2 dogs, loves to surf, hike, and work out, and is a caregiver to his 89-year-old dad.

Key Takeaways

• Voice technologies are huge because that is the natural way humans interact.
• Home diagnostics are in the early stages of development. Processes such as drawing blood and eye tests will improve.
• Consumer-driven technologies will help older adults stay in their homes. Ninety percent of homes are not modified for later life.
• Senior living needs to be reimagined beyond the walls and have greater collaboration with homecare companies and hospitals. Senior living can deliver a platform of wellness and social services, but the real estate revenue model is not structured for the pivot.