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Best Buy bets on adults remotely monitoring aging parents

Source: Matthew Boyle, Bloomberg Businessweek

By 2020, 45 million Americans will be caring for 117 million seniors. The retailer offers a $29 monthly monitoring service using internet-connected gear.

Jane Helgesen had a rough night recently, as nausea kept the 71-year-old retired nurse scurrying to the bathroom. A sensor under the bed recorded her comings and goings, sending alerts to her daughter, Britt, who lives nearby. Feeling better the next day, Helgesen used a doorbell camera to welcome guests, whose images are displayed on her rose-gold iPhone, which she also uses to unlock the front door and tweak the thermostat.

 

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