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Parks Associates: In-Home Health Monitoring Market Faces Near-Term Uphill Struggle; Seniors and Baby Boomers Lukewarm to Service Concept, Frugal on Spending.

Publication: Business Wire
Publication Date: 24-JAN-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- The U.S.'s senior and baby boomer populations are not currently receptive to in-home health monitoring, according to Parks Associates' Delivering Quality Healthcare to the Digital Home, which reports that two-thirds from both populations see little to no value in these services.

Of the one-fifth who find the service valuable, 60% would still not spend extra money, either out-of-pocket or in higher healthcare premiums, for in-home health monitoring. Only 20% would accept a moderate increase in health...

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