Amid the raging situation in Victoria with rising COVID-19 cases in aged care facilities, tech company InteliCare (ASX: ICR) has secured a cornerstone order for their aged and disability care system which enables families to monitor loved ones contact-free, without invading their privacy.
The order for 120 InteliLiving Systems was placed by independent care provider CCNB which is the largest in Sydney’s northern region and will see the installation of smart home sensors to assist seniors and people living at home independently. As the sensors collect data, the system is able to relay information to care givers in the event of inactivity or changes in the resident’s daily movement activity.
“We are very excited about assessing how InteliLiving can help drive our strategy and deliver better health and wellbeing outcomes,” said CCNB CEO, Gary Jacobson.
“InteliCare’s robustness and richness of real-time, trend-wise data should provide both CCNB and those in our care, a much better and more adaptive level of support.”
Installation of InteliLiving is part of CCNB’s wider strategy to provide residents with greater choice about how they interact with various social care and healthcare systems.
Although InteliCare did not disclose the material value of the CCNB order, the systems will be partially funded by the Commonwealth Home Support Programme (CHSP) which provides funding up to $1,000 per person for monitoring technology.
Since listing on the ASX in May 2020 following a $5.5m IPO at an Offer Price of $0.20 per share, InteliCare has seen rising interest in their aged care tech as caregivers seek contact-free alternatives during the pandemic.
Under the Heads of Agreement, CCNB will also have access to InteliCare Pro, a dashboard system which integrates individual InteliLiving sensors into aged and disability care command centres.
Alfred Chan is a Business Reporter at The Sentiment specialising in ASX-listed small cap companies, a bloodstock enthusiast and former equities analyst.
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