CarePredict, AI-Driven Digital Health Company, Signs Multi-Year Agreement with SRI Management
Superior Residences of Cala Hills in Ocala, Florida will be the first SRI assisted living community to install CarePredict’s AI platform that allows for the early detection of serious health concerns like UTIs, depression and fall risk in seniors
CarePredict announced today that SRI Management, a leading senior living company, is installing the CarePredict artificial intelligence platform at their Superior Residences of Cala Hills assisted living community in Ocala, Florida. Founded in 2000, SRI Management is a results-oriented developer and manager of senior housing communities. SRI is one of the fastest growing privately held companies in the Southeast, and by the end of 2018, their portfolio will consist of over 2,550 beds at 25 independent living, assisting living, and memory care communities.
CarePredict is an AI-driven digital health company that develops proprietary connected remote sensing technologies, smart wearables, and deep learning platforms for predictive, person-centered senior care. CarePredict employs lightweight sensors and smart wearables, designed for seniors, to unobtrusively and autonomously collect rich data sets on the senior’s activity and behaviors. Machine learning and unique kinematics algorithms are used to quantify daily activities performed by older adults, including eating, sleeping, walking, and grooming. CarePredict uses these unique data sets to train its deep learning neural nets to surface insights that provide early warning of a wide range of developing health conditions including the possible onset of depression, urinary tract infection and increased fall risk. All of these insights are generated without any self-reporting by the senior and without the need for in-person observation.
Satish Movva, CEO and founder of CarePredict, said, “We are excited to partner with SRI Management. For several decades SRI has consistently stayed ahead of the curve, anticipating changes in the industry, and identifying and deploying innovative technologies that empower their staff with tools to achieve optimal results in all areas of the business. SRI’s high-touch staff is dedicated to using CarePredict’s platform to ensure that the seniors they care for receive the best care possible.”
“SRI Management is looking forward to unveiling CarePredict technology at two of our senior living communities beginning in 2019,” said Don Bishop, CEO of SRI Management. “This best-in-class digital device system provides our staff with enhanced activity insights and behavior monitoring to anticipate risks, giving our residents more comfort and greater care. We look forward to the start of a long relationship with CarePredict.”