Movement Interactive, Powered by Iveda, Awarded Subcontract for the Veterans Affairs Remote Patient Monitoring Contract
2023年6月22日 - 10:00PM
ビジネスワイヤ(英語)
IvedaCare and IvedaAI solutions will equip
veterans homes and VA facilities with telehealth and fall detection
technology, incorporated into existing infrastructure
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI,
today announced that Movement Interactive, powered by Iveda, has
been named as a subcontractor in an eight-year Veterans Affairs
contract worth $1.032 billion. Through this subcontract, Iveda and
Movement Interactive will effectively support 72,000 veterans aging
in place across the United States with AI and IoT-enabled
telehealth and fall detection technology––through HIPAA-compliant
IvedaCare and IvedaAI––to support the ongoing care, health, and
safety of patients.
With over 9.7 million Veterans in the United States, more than
44 percent of this population is 65 or older. Further, according to
the Military Times, the number of veterans ages 75+ using veteran
healthcare is expected to reach three million within the next
decade. As the aging veteran population continues to increase, so
will the level of care needed to accommodate those who have served
the nation. Access to Iveda’s suite of AI capabilities will provide
VA healthcare personnel with crucial situational awareness and
accurate, by-the-second information, while simultaneously
collecting data from patients to improve ongoing care.
“Our partnership with Movement Interactive continues to reach
new heights through this VA subcontract,” said Iveda CEO and
founder, David Ly. “Iveda believes that our veterans deserve access
to quality, tech-enabled care. Our proven track record of providing
AI technology to patients and caregivers alike ensures the utmost
confidence that ongoing care will be administered and improved upon
in real time. It’s fantastic to see the U.S. government investing
in updated technology infrastructure, all in the interest of
bettering our veterans and senior care.”
Under Valor Healthcare––the prime contractor to the VA in charge
of managing the contract––Movement Interactive and Iveda’s powerful
AI solutions will continue to be drivers in the healthcare
industry. IvedaCare and IvedaAI––along with telemedicine solutions
at VA facilities and utilized by vets aging at home––will help
address major concerns for both patients and staff. IvedaCare’s
robust AI technology provides caretakers with bot-enabled ambient
fall detection, medication adherence monitoring, real-time location
monitoring capabilities, and more––all easily accessible via mobile
app. The technologies will also act as a force multiplier for
short-handed care providers, providing real-time awareness of
patient abnormalities and allowing for more effective care and
patient monitoring, especially critical under resource
constraints.
“As more veterans choose to age at home, the need for patient
monitoring technology is becoming more critical than ever,” added
Dr. Eric Luster, CEO at Movement Interactive. “Iveda’s robust
roster of AI and IoT technologies is providing veterans and
caregivers alike with unmatched peace of mind, knowing real-time
alerts can be transmitted to the appropriate parties and immediate
and informed action can be taken. Our goal is to simultaneously
monitor the well-being of our veterans while also enabling their
independence. Movement Interactive, powered by Iveda, is grateful
to be trusted with the subcontract and will use these funds to
continue supporting our nation’s finest.”
Outside of the VA contract, Movement Interactive, powered by
Iveda, received the initial PO from Seniors Rising to deploy
HIPAA-compliant IvedaCare and IvedaAI solutions to service aging
adults that are in need. Movement Interactive will equip 150
households with IvedaCare and IvedaAI, in addition to public areas,
by leveraging existing video cameras on the properties. Movement
Interactive’s network of senior living communities includes
approximately 4,000 sites across the country, all aiming to achieve
high levels of care for residents. This initial deployment with
Seniors Rising will serve as a working model for other healthcare
institutions to follow as they implement AI for aging
individuals.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for
cloud-based, video AI search and surveillance technologies that
protect the people, places, and things that matter the most.
Iveda’s technology has the power to provide instant intelligence to
existing infrastructure, enabling cities and organizations around
the world to seamlessly enter the fifth industrial revolution.
Iveda operates at the forefront of digital transformation of cities
across the world, using IoT platforms with smart sensors and
devices developed to aid with use cases surrounding public safety,
security, elderly care, energy efficiency, and environment
preservation. Headquartered in Mesa, Arizona, with a subsidiary in
Taiwan, Iveda is publicly traded under the ticker symbol
“IVDA.”
About Movement Interactive
Movement Interactive Inc.’s mission is to enable longevity by
addressing current health concerns and preventing future problems.
Movement Interactive has developed the patented Hiji®Sense; a
sock-worn wearable sensor. The Hiji®Sense is a fall-detection and
fall-prediction device and enables at-home and in-residence safety
of end users. The Movement Interactive portfolio also consists of
wearable sensors for the detection of head impacts in athletes and
the military, a mobile application which provides users with
critical impact-related information and a delivery system through
compression gear, called ‘RecoFit’. Movement Interactive is a
Service-Disabled Veteran Owned Small Business (SDVOSB) committed to
person-centered design and is headquartered in Phoenix,
Arizona.
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version on businesswire.com: https://www.businesswire.com/news/home/20230622442572/en/
Olivia Civiletto Erwin olivia@dottedlinecomm.com
617.477.9857
Nipun Chopra nipun@movement-interactive.com 1-888-585-9311
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