Iveda, a global solution for cloud-based AI, has announced that Movement Interactive, powered by Iveda, has been named as a subcontractor in an eight-year veterans affairs contract worth $1.03 billion. Through this subcontract, Iveda and Movement Interactive will 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 US, more than 44% of this population is 65 or older. Further, according to the Military Times, a 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,” says 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 US government investing in updated technology infrastructure, all in the interest of bettering our veterans and senior care.”
Under Valor Healthcare, a prime contractor to the VA in charge of managing the contract Movement Interactive and Iveda’s AI solutions will continue to be drivers in the healthcare industry. IvedaCare and IvedaAI along with telemedicine solutions at VA facilities and utilised by vets aging at home will help address major concerns for both patients and staff. IvedaCare’s AI technology provides caretakers with bot-enabled ambient fall detection, medication adherence monitoring, real-time location monitoring capabilities, and more all 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 care and patient monitoring, critical under resource constraints.
“As more veterans choose to age at home, the need for patient monitoring technology is becoming more critical than ever,” adds Eric Luster, CEO at Movement Interactive. “Iveda’s 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.