Vatorx2
EmPowerYu
Location: Santa Clara, California, United States United States
Founded in: 2014
Stage: Post-launch
Number of employees: 1-5
Short URL: vator.co/empoweryu
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EmPowerYu

Ambient intelligence supporting indpendent living
Startup/business
Santa Clara, California, United States United States
http://empoweryu.com
  • About
Company description

The greatest costs in healthcare are generated by high risk persons who are frequently hospitalized, and many of them are elderly people living in the community. The increasingly popular Medicare Advantage plans (22M subscribers in 2019) shift costs to the healthcare providers, who are moving to home care to improve treatment efficacy. EmPowerYu is an open IoT integration platform using automated passive data collection and analysis to create the Home Life Record™, which answers the routine clinical questions relevant to measuring daily wellness and disease episode progression in the home. The Home Life Record™ is a unique dataset that relieves patients and caregivers from tedious documentation and inaccurate self-reporting, while providing numbers for analytics, visualization of daily life for non-technical caregivers, and the basis for building predictive analytics for specific clinical use cases. The care team can see the summarized metrics for eating, sleeping, daily activity, and any associated medical devices efficiently during office visits, and can set thresholds for attention when a patient exceeds given boundaries.

EmPowerYu is looking for partnerships to develop specific use cases, like dementia care and prediction of congestive heart failure episodes. Unlike competitors, EmPowerYu does not rely on residents to actively participate in data collection with wearables, cameras, or smartphones, and works on a cellular connection.

Automated collection and analysis of daily patterns provides continuous risk assessment to identify and support high risk patients, while bringing down costs and reducing the data burden in healthcare.


https://youtu.be/2f1DnZbyV-M


Team
Business model

The greatest costs in healthcare are generated by high risk persons who are frequently hospitalized, and many of them are elderly people living in the community. The increasingly popular Medicare Advantage plans (22M subscribers in 2019) shift costs to the healthcare providers, who are moving to home care to improve treatment efficacy, and to detect and treat disease episodes early, before expensive emergency room visits and hospitalization are necessary. EmPowerYu is a B2B2C automated risk assessment and reporting tool using home care providers as channel partners. Such providers include home care agencies, Medicare Advantage plan providers, value-based care providers (such as Humana), Affordable Care Organizations (ACOs), bundled payment packages, etc. We have an equipment charge and monthly subscription revenue stream. The value proposition to providers is reducing costs of high risk/high cost patients with accurate real time information from an automated outreach system; ROI money saved is used to pay for the EmPowerYu system. The value proposition to patients is improved care and satisfaction without a cost barrier.

Competitive advantage

The Home Life Record™ mathematically describes essential human patterns in the home. Expressing events numerically promotes analytics that can connect home patterns to clinical records. EmPowerYu is the only enterprise platform that integrates multiple patient-generated data sources into a holistic information stream that is consistent for users, flexible across diagnoses and co-morbidities, and makes the data interoperable. Our open platform is sensor-agnostic to allow adaptation to specified needs while retaining the ability to scale. Also, the sensor set can be updated as hardware improves because we can work with any sensor for which we can access the data.

Our core behavioral sensor set is passive, unlike wearables like fitness bands, watches, and personal emergency buttons that require the person to put it on and keep batteries charged. Passive sensors collect a complete dataset without depending on behavioral change or compliance from the monitored person – the person just lives their life as usual. Our indirect monitoring approach protects privacy and dignity because there is no image like a camera. Also unlike a camera, our data usage is low enough to operate on a cellular modem so our system can be placed in low income, low technology, and rural homes without broadband. Our sensors are also relatively low cost commodities so an ROI is easier to achieve.

EmPowerYu provides continuous risk assessment around the clock when human caregivers are not present, filling out a health record in conjunction with clinical data. Our more complete record describes a person’s current overall health status so the care plan can more closely adhere to a patient’s life and needs.