Figures in the UK show that in 2007 there were approximately 9.8 million people aged 65 or over, and by 2032 this number is projected to rise to 16.1 million. Global ageing demographics have significant financial implications for the funding of social and healthcare services. The average overall cost of health care, due to ageing alone, is expected to increase by 41 per cent between 2000 and 2050.
The reduction of costs to medical and care services is essential. Giving doctor's the ability to provide medicine reminders and remote communication with patients is a substantial gain. Providing video advice for new medical issues allows patients to learn in the comfort of their own home a great deal about their new condition. Using video phone communication means carers can rapidly check on a patient remotely which gives both comfort to the patient and information to the carer.
It is estimated that 90% of older people would like to live in their own home, 500,000 of those people live in care homes, in which 35% of them could be supported to live at home through use of assistive technology.
Nexus TV offers independence, support, care, monitoring and security to individuals that want to remain in their own home. The increasing elderly population and growth of age related illnesses such as dementia, make this the perfect time for the Nexus TV solution to enter the market, offering the government and NHS a solution to the ever increasing challenge of care for the elderly and vulnerable.
Nexus TV offers a total technology solution, enhancing senior living by providing assistive support, which will ultimately allow individuals to remain independent, socially active, and secure for longer. Nexus TV uses the familiarity of a TV set to establish an easy-to-use hub in people’s homes that connects them seamlessly to their community and health-care agencies, provides support for their day-to-day activities and adds a level of security to their homes – all of which increases user’s independence and levels of self-esteem.
We are always looking to form business partnerships with like minded organisations that have a desire to develop solutions, which will assist and monitor people in the community, whilst providing cost savings for local and central Government, the NHS and other health and social care providers.