An AI-driven platform aiding seniors in independent and economical living.
CarePredict is a connected healthcare business focused on the assisted living and home-bound healthcare segments. The business develops, sells, installs, and services wearable devices and peripherals designed to continuously monitor patient health as indicated by statistical and algorithmic analysis of observed behavior, location, and environmental conditions.
The aging demographics in the United States and other developed nations have led to a significant burden on healthcare expenses, particularly for chronic care conditions that drive a large portion of healthcare spending. CarePredict's Tempo product, which provides continuous health monitoring and early interventions, addresses this issue by improving health outcomes, reducing costs, and extending patient stay in Assisted Living Facilities and Home Health Care environments, offering a promising solution for both providers and patients with potential for rapid growth and profitability.
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