Aging in Place: Achieving Extended Independence Through Virtual Social Networks, Device Monitoring and Technology-Marc Bandt-06/26/2012 - 8:30am

Event Information
Event Topic: 
Aging in Place: Achieving Extended Independence Through Virtual Social Networks, Device Monitoring and Technology
Event Date: 
06/26/2012 - 8:30am
Event Location: 
Sunnyvale City Council Chambers, 456 West Olive Ave., Sunnyale, CA
Speaker Information
Event Speaker: 
Marc Bandt
Event Speaker Title: 
Event Speaker Company: 
Event Speaker Bio: 

Marc Bandt

Marc has over 20+ years of healthcare and technology experience including marketing, IT and software consulting, product development management, and strategic planning. He has worked in some capacity in every sector of healthcare including hospital management, medical practice management, medical insurance, pharma and devices. Prior to being CEO of Pelesend, Inc, Marc founded and led a social site for doctors called Curbside M.D. Curbside M.D. partnered with almost every major county medical society in the state of California as part of it's physician recruitment strategy and powering their websites for revenue. Curbside M.D. partnered with several smaller medical device and clinical research organizations to create dedicated "working groups" for direct physician feedback, trial introductions and late stage marketing/education. Before that, Marc founded and led one of the first web based medical practice management software companies, CrossApps, Inc. Innovative for it's time, Crossapps was an early adopter of the HIPAA standard transaction sets for submitting claims, verifying eligibility, capturing benefits and payment explanations and submitting referrals and authorizations electronically.

Prior to his descent into start-up madness, Marc worked for Healtheon/WebMD in the provider services group and then in customer implementation and consulting. He worked with large customers such as Brown & Toland physicians' group, Hill IPA, CappCare provider network, United Healthecare/Ingenix and Quintiles on various projects driving system usage and transaction volumes. He was also actively involved in Healtheon's large data warehousing initiative as a customer advocate and design architect.

Marc's started his career at AMI which merged with NME to become Tenet Health Systems. While there, he worked in Strategic IT and Medical Affairs performing deep analysis on quality, marketing and service offerings and physician network development. He followed this with a stint as a data warehousing consultant with IMG, later to be merged with IBM Healthcare.

Marc has an MBA from SMU and an undergraduate degree from South Dakota State. He has worked as paramedic, medical researcher and on the NIH snips database before it grew into the human genome project.

Event Details
Event Details: 

The number of people aged 65 and over is expected to increase from the current total of the 39 million to over 72 million by the year 2030, with a disproportionate share of the growth being in the very old - age 85 and older. This along with a rise in chronic disease and obesity within the same population will strain societal resources and could significantly drive up US healthcare and senior living expenses, paid for by all.

Considering the implications of this demographic bomb on society sits an unrealized business opportunity; the fact that the majority of adults would prefer to "age in place". Surveys show 78 percent of adults between the ages of 50 and 64 would prefer to stay in their current residence as they age. The differences in cost between in home care and dedicated centers is dramatic. The fact of the matter is the longer a person can stay in their home, the more the savings and the closer the living environment is in line with that desired by all affected.

The convergence in forces driving more adults to attempt to stay in their residence as they age presents a unique set of challenges and opportunities both social and technical. My presentation will discuss the challenges, opportunities and applications Pelesend currently has today and is currently moving forward on developing. Given the projected demographic shift and increasing capabilities of mobile technology, Pelesend believes there will be a huge increase in the need for specialty products, targeted medical devices and service offerings as result. We at Pelesend are well positioned to meet this demand with a strong platform already in place.