American HealthCare Capital is pleased to introduce a HIPAA compliant, cutting edge software company providing a Smart Activity Monitoring (SAM) platform application to track subscribers’ activities of daily living in their residence, assisted living or nursing home. Noninvasive sensors provide input into the company’s central station to track an individual’s typical activity. When activity changes from the routine, alerts are sent to all caregivers and/or family members.
Local cable company providers, such as AT&T or Spectrum, will be specially trained to market, distribute and install the opportunity to consumers with their other services. They will share in the revenue derived from subscription and hardware fees with no risk and without investing a penny. Because it will generate automatic monthly revenues without any capital outlay on their part and does not pose any threat from the competition, cable providers will welcome the opportunity and be extremely receptive to offering this application to their subscribers. The company is in final testing and plans to go live in October 2018. They expect 5,000 subscribers and $1.7 Million by the end of the fourth quarter.
The company is currently valued at $6 Million and is seeking an equity partner to invest $3 Million for a controlling 50% ownership stake. Use of proceeds will include marketing, capital equipment, pilot programs, new hires, and additional technology developments in progress.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.