AI-Powered Digital Health Company CarePredict Inks Multi-Year Agreement with SRI Management

SRI CarePredict AI
Image: CarePredict

CarePredict, an Artificial Intelligence-driven digital health company that’s focused on developing technologies to provide high-quality senior care, announced that SRI Management, a leading senior living company, is installing the CarePredict AI platform at their Superior Residences of Cala Hills assisted living community in Ocala, Florida. This assisted living community will be the first SRI assisted living community to install CarePredict’s AI platform that allows for the detection of serious elderly health concerns such as UTIs, depression and fall risk in seniors.

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SRI is one of the fastest growing privately held companies in the Southeast. Since its inception in 2000, SRI’s leadership has consistently sought to be in the forefront of changes in the industry and forging strong relationships with owners. By the end of 2018, the company’s portfolio will consist of over 2,550 beds at 25 independent living, assisting living, and memory care communities, said a press release.

“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,” said Satish Movva, CEO and founder of CarePredict. “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 CarePredict AI
Image: CarePredict

CarePredict develops proprietary connected remote sensing technologies, smart wearables, and deep learning platforms for predictive, person-centered senior care. The company’s lightweight sensors and smart wearables for seniors, unobtrusively and autonomously collect rich data sets on the senior’s activity and behaviors. The system employs machine learning and unique kinematics algorithms to quantify daily activities performed by older adults, including walking, eating, grooming, and sleeping. These unique data sets are used by CarePredict to train its deep learning neural nets to provide early warning of a wide range of 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.

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“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.”