The UK Canada AgeTech Innovation Exchange has selected Careteam Technologies as one of thirteen companies across Canada and the UK to showcase their solutions for healthy aging.
Vancouver, British Columbia [May 11, 2023]: Earlier today, the UK Canada AgeTech Innovation Exchange named Careteam Technologies as one of thirteen companies from across the UK and Canada selected to showcase their healthy aging solutions as part of an international innovation exchange program.
The UK Canada AgeTech Innovation Exchange called for businesses with transformative solutions that improve the health and well-being of older people. Alongside other finalists, Careteam was selected to participate because of the organization’s innovative technology that addresses the competition’s priorities areas including: aging at home; health care and health service delivery; cognitive and mental health; and autonomy and independence.
"We built Careteam to help achieve the best possible outcomes and experiences for those impacted by aging, multimorbidity and complex chronic care," said Dr. Alexandra T. Greenhill, Cofounder, CEO and Chief Medical Officer for Careteam Technologies. “Careteam’s platform enables collaboration, communication, and care planning across care settings, including health professionals, patients and families. This more integrated, collaborative approach better engages patients and their loved ones in care, reducing the chance of readmissions, and making aging well and aging in place more viable for more people” says Dr. Greenhill.
With the number of people aged 80 years or older expected to triple between 2020 and 2050, digital health solutions like the ones selected for the program are in high demand.
“As people are living longer, our healthcare systems need to adapt to the complexity that can arise from the onset of multiple conditions as people age. It has never been more important for technology innovators to come together to deliver solutions that support healthcare professionals in efficiently managing patients and their families in healthy aging” says Dr. Greenhill.
Over the coming months, all companies selected will be supported by leading experts with in-depth knowledge of the healthy aging innovation ecosystems within each country, from national healthcare providers, academia and industry.
The program is funded is funded by the UK Research and Innovation (UKRI) Healthy Ageing Challenge, delivered by Innovate UK and ESRC and led by the Northern Health Science Alliance (NHSA) with the following partners: Department for Business & Trade; the four northern Academic Health Science Networks (AHSNs) from the UK – Health Innovation Manchester, Yorkshire and Humber AHSN, Innovation Agency (North West Coast AHSN), AHSN for the North East and North Cumbria; and AGE-WELL and Centre for Aging + Brain Health Innovation (CABHI) from Canada. Find out more about the exchange program here.
Dr Mandy Dixon, Executive Lead for Corporate Engagement and Cluster Development, who leads the Healthy Ageing Programme at the Northern Health Science Alliance (NHSA), said: “We are thrilled to have seen so much interest in this exciting new initiative which will bring two countries together to collaboratively work on solutions that address key healthy ageing needs. Improving the health and wellbeing of people as they age is a particularly challenging area for both countries, and we hope that our partnership working will see great innovations and ideas come to fruition and will also lead to further investment and growth in this sector.”
Dr Alex Mihailidis, Scientific Director and CEO at AGE-WELL, Canada’s technology and aging network, said: “Canada and the UK have much in common with respect to the challenges and opportunities around aging. AGE-WELL supports numerous innovative Canadian companies in AgeTech, and we are excited to see the potential of such companies being made available to older adults in the UK through this Innovation Exchange. Similarly, we look forward to the innovation that selected UK companies will bring to Canada. This exchange builds on a track record of engagement and collaboration between AGE-WELL, CABHI, the AHSN Network and the NHSA and holds great promise for future impact in both countries.”
Dr. Allison Sekuler, President and Chief Scientist at CABHI, said: “We’re proud to support the UK Canada AgeTech Innovation Exchange, fostering the growth of innovative companies addressing older adults’ needs worldwide, and building on CABHI’s longstanding national and international partnerships in the aging innovation ecosystem. This collaboration will enrich lives in Canada, the UK, and beyond, and highlights the value of international partnerships to accelerate innovation. We are excited to see the positive impact these companies will have through the Exchange, and through our joint commitment with all the partners to advance healthy aging solutions globally.”
Chris Ward, Innovation Lead, UKRI Healthy Ageing Challenge, said: “We’re really encouraged by the level of engagement and the quality of innovation that has been identified by this exciting new international exchange programme. The high levels of collaboration and aspiration being created between the expert teams brought together across the UK and Canada is exemplary. We hope this shared initiative will stimulate novel insights, new commercial opportunities and significant onward investment to enable inspiring technologies to positively transform our ageing experiences.”
About Careteam Technologies:
Built by clinicians and patients, Careteam works with leading healthcare organizations to simplify complex care journeys. Our Digital Care Coordination and Patient Engagement Platform integrates with the other technologies people already use to reduce gaps in care and prevent readmissions by securely connecting every individual and organization involved in the care journey, across ecosystems and diseases. The Careteam platform delivers patient-centric, action-based care plans that drive the right action(s) at the right time, helping healthcare providers achieve better outcomes and experiences for patients, and increased capacity for their clinical teams.
The Careteam platform was developed with support from Baycrest’s Center for Aging and Brain Health Innovation (CABHI), National Research of Canada (NRC) Industrial Research Assistance Program (IRAP), BC TECH, Innovate BC. Canada’s Digital Technology Supercluster, Scale AI, MITACS, Creative Destruction Lab, Startup Health, MaRS Discovery District and AARP Innovation Labs.
Careteam is the only platform that flexibly adapts to all situations and offers patients full control of who on their support network gets involved. To learn more about Careteam simplifies complex care, visit getcareteam.com.
Dr. Alexandra T. Greenhill, MD
CEO | Chief Medical Officer
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