Iveda Partners with Movement Interactive to Deliver AI and IoT Technology Solutions to Senior Living Communities
April 27 2023 - 10:35AM
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI video
and sensor technologies, today announces a partnership with
Movement Interactive to support the health and safety for those
living in long-term care communities and assist healthcare workers
by providing real time alerts through HIPAA- compliant IvedaCare.
Coupled with Iveda’s suite of AI capabilities, Movement
Interactive’s healthcare personnel will be equipped with crucial
situational awareness and accurate, by-the-second information,
while simultaneously collecting data from patients to improve
ongoing care.
According to the American Health Care
Association, there are currently more than 800,000 Americans in
assisted living, with 28,900 assisted living communities and nearly
1 million licensed beds across the country. As this population
continues to grow, senior living facilities are looking to
solutions that further assist both residents and caretakers
responsible for monitoring medical emergencies, such as falls.
Through IvedaCare’s real time monitoring and alerts, caregivers are
notified as soon as action needs to be taken or if there are
changes in a patient’s condition.
“Our partnership with Movement Interactive
provides senior living facilities––those that live within them and
those critical to their successful operation––with access to
Iveda’s full line of AI and IoT technologies, providing continued
benefits to the medical and healthcare industry,” said Iveda CEO
and founder, David Ly. “Our proven solutions for care applications
save precious time and resources for caretakers and IvedaCare’s
customizable approach to aging-in-place technology enables
hospitals, facilities, and communities to achieve truly smart elder
care.”
IvedaCare’s sophisticated AI technology provides
caretakers with bot-enabled ambient fall detection, medication
adherence monitoring, real-time location monitoring capabilities,
and more––all accessible through a mobile app with actionable
health condition updates and alerts. Movement Interactive's
individuals under care will have access to Iveda’s full line of AI
and IoT technologies to support on-site staff, acting as an extra
set of eyes during periods of increased patient loads. The
cloud-based wireless sensors will collect real-time data in senior
living communities serviced by Movement Interactive’s technology,
giving caretakers and loved one’s access to patients’ medical
statuses via IvedaCare’s AI-driven, decision-making software.
“With the increasing senior population, there
has never been a more critical time for technology and healthcare
providers and families to come together, joining forces to develop
a solution that works towards keeping our elders safe and secure,”
said Dr. Luster, CEO at Movement Interactive. “Through this
partnership, our extended capability will be able to monitor and
detect falls and other medical emergencies in real-time and at
all-times. Iveda and Movement Interactive share a commitment to
augmenting facilities and at-home seniors with technologies that
enable aging-in-place. It has been an honor to work alongside
another Arizona-based company that shares our passion for
leveraging technology to aid in protecting elderly communities in
Arizona and around the United States.”
Iveda’s robust AI video surveillance technology
will be added to existing infrastructure throughout Movement
Interactive’s care facilities across the United States. In
addition, Iveda and Movement Interactive will provide comprehensive
solutions and support for Seniors Rising, which will consist of a
virtual care platform and advanced medical devices to fully
replicate an in-office visit, further empowering the modern
senior.
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’s mission is to enable
longevity by addressing current health concerns and preventing
future problems. Movement Interactive, Inc. 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 elderly 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.
Media ContactsOlivia Civiletto
Erwinolivia@dottedlinecomm.com 617.477.9857
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