Health Plans & Providers
We help you increase quality of care while reducing costly readmissions
KEY CHALLENGES
Falls and the Impact on Health Care System Costs
The health care industry has an imperative to help prevent costly and injurious falls that lead to massive medical expenses, including emergency room visits, rehabilitation, and hospitalizations, often due to hip fractures or traumatic brain injuries.
With a growing population of older adults, a higher number of falls leads insurers to increase premiums, creating a financial burden for both providers—such as senior living communities— and older adult policyholders.
41%
Falls have increased over the past decade
$80B
Cost of non-fatal falls in ER visit annually
50%
Only half of falls are reported to doctors or insurers
Adults With Dementia
Face significantly higher fall risk:
80% experience a fall vs. 20% of other older adults
Older Veterans
Are at increased risk due to poorer health outcomes :
49% risk of developing Alzheimer’s disease
THE THEORA CARE SOLUTION
Theora Care™ is Your Partner in Decreasing Falls Risk in Older Adults
The good news is that many senior living operators and health plans are investing in falls prevention technology that drastically cuts expenses, benefiting insurers and members by reducing claims and improving quality of life (QoL).
But not all falls detection technology is the same. This is where Theora Care can help through its advanced artificial intelligence (AI) and neural networking platform, providing a thorough and comprehensive analysis of an individual’s fall-risk data— whether they live at home or in a senior living community.
The Theora ESP™ data analytics enterprise dashboard analyzes precise predictive indicators in an individual’s environment and activities. This means Theora Care technology is “always on, always learning” helping professional caregivers have continuous insights into a member’s health status improving safety and quality of care.
Theora Care’s Situational Awareness System has Everything you
Need to Reduce Costs, Falls and Fears
BENEFITS FOR HEALTH HEALTH CARE PROFESSIONALS
Health Care Professionals Trust Theora Care
Continuous, discreet oversight
Identifying which older adults are most likely to fall is difficult due to the multifactorial nature of risk, including age, medical conditions, medication side effects and environmental hazards.
Predictive prevention insights
A lack of standardized screening methods and limited communication between healthcare providers and insurers makes it difficult to target preventive services effectively.
Real-time alerts and updates
There is a significant gap between provider recommendations for evidence-based fall prevention strategies and older adults’ awareness or adoption of these measures. Many older adults do not perceive their risk until after a fall occurs.
Our Enterprise Dashboard, Theora ESP™, Helps you Improve Quality of Care
The Benefits of the Theora Platform for Your Organization
In addition to the Theora® AI/Neural Networking platform, smart wearable and smartphone app, we offer our business and enterprise partners a dashboard of data analytics – Theora ESP – to continuously monitor and improve quality of life for the older adults they serve.
Our advanced technology is backed by enterprise software that provides business clients with a dashboard of valuable data and personalized insights to enhance resident or client health outcomes through predictive analysis. Whether using our smart wearable or combining it with our in-room sensors, we can detect and predict important changes that may signal increased fall risk or possible wandering.
Frequently Asked Questions
Can the Theora ESP dashboard be integrated into existing EMTs?
Yes. One of the key features of Theora ESP is our interoperability flexibility. Our founder and many of our top executives have vast IT and engineering backgrounds and we help our partners in health care settings to integrate our data with your existing EMR and patient EHR systems. Contact us for more details.
Is the Theora Connect system – the smartwatch, app and software analytics dashboard – all HIPA compliant?
Yes – we meet the highest privacy standards for health care and telephony systems. Contact us for more details.
Can we get a corporate pricing structure if we purchase Theora Care systems for multiple residents or even multiple communities?
We work with individual partners on special pricing packages depending on your needs. Contact us to discuss details.