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CarePredict, AI-Driven Digital Health Company, Signs Multi-Year Agreement with SRI Management

Superior Residences of Cala Hills in Ocala, Florida will be the first SRI assisted living community to install CarePredict's AI platform that allows for the early detection of serious health concerns like UTIs, depression and fall risk in seniors

Fort Lauderdale, FL, Oct 30, 2018 — CarePredict announced today that SRI Management, a leading senior living company, is installing the CarePredict artificial intelligence platform at their Superior Residences of Cala Hills assisted living community in Ocala, Florida. Founded in 2000, SRI Management is a results-oriented developer and manager of senior housing communities. SRI is one of the fastest growing privately held companies in the Southeast, and by the end of 2018, their portfolio will consist of over 2,550 beds at 25 independent living, assisting living, and memory care communities.

CarePredict is an AI-driven digital health company that develops proprietary connected remote sensing technologies, smart wearables, and deep learning platforms for predictive, person-centered senior care. CarePredict employs lightweight sensors and smart wearables, designed for seniors, to unobtrusively and autonomously collect rich data sets on the senior's activity and behaviors. Machine learning and unique kinematics algorithms are used to quantify daily activities performed by older adults, including eating, sleeping, walking, and grooming. CarePredict uses these unique data sets to train its deep learning neural nets to surface insights that provide early warning of a wide range of developing 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.

Satish Movva, CEO and founder of CarePredict, said, "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. 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 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."

About SRI Management 
SRI Management LLC is one of the fastest growing privately held management 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. Each SRI-managed property seeks to achieve optimal results in all areas of operations, including resident care, associate satisfaction and retention, and financial performance. SRI currently manages 21 independent, assisted living and memory support communities, encompassing over 2,000 units. The company is slated to end 2018 with 25 properties under operation or in phases of pre-opening. Once completed, the additional properties will increase the SRI portfolio to over 2,550 units. More information on SRI Management can be found at www.srimgt.com.

 

 

2019-01-30T04:33:24+00:00October 30th, 2018|News, Press Releases|

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