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InteliCare Holdings (ASX:ICR) scores St John of God healthcare contract

Health Care
ASX:ICR      MCAP $2.348M
21 September 2021 11:40 (AEST)

Source: St John Of God

InteliCare Holdings (ICR) has penned a contract with St John of God Healthcare to provide AI-based care to its disability services division.

InteliCare has scored a competitive contract to supply its assistive living technology to help National Disability Insurance Scheme clients at St John of God Accord. The technology aims to help the clients live independently in supported accommodation.

“This competitive contract win reflects the time and effort we have invested in developing an open-architecture platform and highly adaptable dashboard, that can meet the pace of rapidly advancing sensor technology,” CEO of InteliCare Jason Waller said.

The contract value is estimated at more than $80,000 in the first year, with the potential for further non-binding ongoing recurring fees and additional hardware.

The company’s platform, InteliLiving, offers in-home sensor technology and artificial intelligence. This is set to be deployed in up to 10 newly built homes across five sites in Victoria, operated by St John. The technology includes a mobile app for carers to enable personalised services and preserve each client’s privacy, reduce intrusion and increase independence, while keeping them safe.

The technology will allow St John workers to customise the technology’s configuration for each client, depending on their needs – even if multiple clients live within one home. It will include motion sensors, panic buttons, shower sensors, health metrics and non-wearable fall detection.

Data will then be processed using AI and presented on a consolidated dashboard to give carers a complete picture of risk and care needs.

The company says rollout of this program will allow St John of God Accord to evaluate the latest advancements in this leading-edge technology for use across future sites.

IntelliCare Holdings was up 5.26 per cent, trading at 10 cents at 1:33 pm AEST.

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