Your browser is old and is not supported. Upgrade for better security.

AlwaysNear TeleHealth

Revolutionizes senior in-home health care, as such an outstanding investment

Pitch Video
Investor Panel

Highlights

1
In-home 24/7 proactive care: seniors inevitable physical-mental-emotional- injury-prone conditions
2
Seniors live longer, less hospitalization risk, healthier, remain in homes with less personal costs
3
Primary market 37m seniors with 2 or more chronic diseases with senior population growing 10 k/day
4
Founder 3 prior successful start-ups -successful IPO with $234 m high valuation, named on 2 patents
5
Invited to join Google Cloud for Startups Program - invaluable engineering, market launch help
6
Medicare insolvent 2025, essential to proactively detect-treat senior inevitable decline conditions
7
SaaS business model, minimal flat-line operating costs, exponential revenue growth (Chart Right)

Our Team

I cared for my parents into their 90's experiencing their plight and family caregiver stress first hand. In 2010, four years after their passing, I set out to apply technology to improve seniors quality of life while reducing family caregivers stress and improve professional care providers outcomes with reduced workloads.

OUR NEW ERA SENIOR HEALTHCARE OFFERS A UNIQUE OPPORTUNITY:


(Details "FOR SENIORS" follows the "FOR YOU" section)

FOR YOU: An Exceptional Investment Opportunity That Vastly Improves Seniors and Their Caregivers Lives (also could apply to Wounded Warriors, and Disabled persons).

Typically for a “leading edge” product – service, a significant amount of time and non-founder funding is required to reach profitability. As most companies revenue increases, operating costs also increase with the gap between the two representing growing profitability (see below).

Not so with the AlwaysNear TeleHealth!!!  As the Chart below shows, the revenue - operating cost gap (Net Profit) increases exponentially and very early.

This phenomenon is a result of AlwaysNear TeleHealth ability to operate as a"White-Label, SaaS business model (flat-line operating costs and exponential revenue generation), which results in the astonishing net profit growth shown below and the resultant strength in negotiating the sale of the Company and net profits before the sale.

Example Of A Potential Investor Return On A $100 TO A $5,000 Investment With The Sale Of The Company

Six additional reasons why a $100 or more investment investment in AlwaysNear TeleHealth is an extraordinary investment opportunity:

(1) A “Must Have” offering In the Emerging Telehealth Market

AlwaysNear TeleHealth's Virtual Care Assistant (VCA) is a "must have" capability for the 13,000+ professional care provider entities if they are to compete in the “emerging telehealth market”.

It is a "must-have" capability for the millions of family-friend caregivers, who can not afford even limited professional caregiver services, but now can have in-home 24/7 care for $2 to $3 per day that far exceeds virtually any level of professional care provider services.

Most professional care provider entities will not have the time, money or expertise to replicate VCA's one million lines of software and Google Aritificial Intelligence code capability , particularly when an AlwaysNear TeleHealth "virtual care assistant" can be placed in a senior’s home 24/7 for a very affordable $2 to $3 per day.


(2) The Founder Having Had 3 Prior Successful Start-ups

The founder is a serial entrepreneur having founded and built successful companies in the beverage, clinical lab and golf industries.  The clinical lab product had a successful IPO with a high IPO valuation of $234 million and received a Small Business Innovative Research (SBIR) Grant for $450,000.  The founder is named on 2 patents and negotiated approvals and/or agreements with Coke, Bayer, Coulter (now Beckman - Coulter) Barry Wehmueller and more.

(3) AlwaysNear TeleHealth Being "Empowered by Google"

In addition to participating in the Google GCS Program for engineering and marketing assistance, AlwaysNear TeleHealth will use the Google Artificial Intelligence (AI) and Machine Learning (ML) platform to create (1) "preventative Alerts" and (2) as a secondary revenue source created by allowing researchers to use the Google and other AI/ML platforms to analyze the all-encompassing, eventually massive AlwaysNear TeleHealth seniors data base.

According to CBInsights, “Google is the most active investor/acquirer of AI companies among big tech companies, acquiring talent and building relationships with promising Artificial Intelligence applications” [AlwaysNear TeleHealth]." (see chart below)

“Google Cloud’s off-the-shelf AI/ML learning tools provide healthcare provider practitioners [AlwaysNear System users] with tools for analyzing patient healthcare data [AlwaysNear’s eventual massive seniors data base]. This AI – ML capability will “improve patient diagnostics, predict the risk of mortality and hospital readmission and enhance clinical and administrative decision-making.” CBInsights

(4) The Projected Extraordinary Growth In The U.S. Home Health Market Size4

The U.S. home health market will triple between 2020 and 2027 as shown below because  (1) the "baby boomers" are retiring at the rate of 10,000 per day until 2030 and (2) the number of seniors 75 and older are growing exponentially, which is when the need for senior care is ever increasing each year past 75.

(5) Three Outstanding Major Market Segments

Medicare Reimbursement:  Medicare will reimburse physicians up to $350 per month for providing “early detection and regular monitoring of chronic health issues outside of a clinical setting [the VCA process in a senior’s home]…which will be an important tool to manage costs and provide better outcomes for the aging and exponentially increasing senior population experiencing two or more chronic diseases requiring at least 12 months treatment” ( In 2020, there are approximately 37.5 million seniors experiencing two or more chronic diseases).

As an example of the VCA process revenue generation potential for physicians and AlwaysNear, if a physician applied the VCA process to 500 patients with two or more chronic diseases, out of his/her likely 2,000 senior patients, at an average reimbursement rate of $275 per month, the monthly total reimbursement amount paid by Medicare to the physician would be $137,500, which annualized is $1.65 million. AlwaysNear TeleHealth’s standard monthly fee of $90 applied to each of the 500 patients would equate to $47,500 per month, $570,00 annualized paid by the physician to AlwaysNear from his/her Medicare reimbursement.

Professional Home Care Entities:  With 13,000+ professional senior home care entities wanting/needing to be able to participate in the emerging “Telehealth Care Market”, but not having the funds, expertise and/or time to replicate the VCA process, the VCA process becomes a very affordable  “must have” way to participate in the “Telehealth Care Market”.

Family-Friend Caregivers:  Millions of senior family–friend caregivers will see the VCA process at $3 per day as a very affordable way to reduce caregiving stress and at the same time improve their senior’s overall care.

 (6)  Potential For Substantial Secondary Revenue From Researchers' Use Of The AlwaysNear TeleHealth VCA's Comprehensive, Ever-Growing Senior Data Base   

The VCA seniors data base will be made available to researchers for use with Google’s AI Platform and/or other AI platforms for development of “break-thru” medicines, medical procedures, trials, etc. It is believed researchers’ use of the “one-of-a-kind” VCA senior data base will produce a substantial secondary AlwaysNear revenue source, but there is no assurance that this will be the case.

 For Seniors:                                      

          Preventative versus The Current Highly “Reactive” Senior Healthcare

The Problem AlwaysNear TeleHealth Addresses Senior Healthcare’s Current Significant, Inherent Deficiencies and Devastating Healthcare-Related Looming Issues

There are significant adverse consequences of the current highly "reactive” periodic physician in-office exam approach and the "I’m fine” syndrome (seniors saying they are “fine” when they are not, out of fear of being removed from their homes).

In 2020, there are an estimated 53 million family-friend caregivers of whom 12.2 million are experiencing "worsening health conditions" and as such are considered "invisible patients."

In addition to the issues with seniors and their family-friend caregivers, there are looming issues displayed below that will have devastating impacts on seniors’ healthcare, very likely including care rationing.

An Extensive Medicare Study:  The Study revealed a way to help counter the inherent and looming senior healthcare issues by  "care services....consistantly offered on site".

However, the “care services....consistently offered on site” required trained, qualified personnel on site 24/7 for optimum coverage, which was not feasible and cost effective at the time of the Study, until NOW.....

The AlwaysNear TeleHealth’s Virtual Care Assistant (VCA) Process Is CARE SERVICE "CONSISTENTLY OFFERED ON SITE" IN-HOME 24/7

The VCA Process provides very affordable ($2 to $3 per day) “care services .... consistently offered on site  [in-home 24/7]” that ACCORDING TO THE MEDICARE STUDY CAN INCREASE LIFE SPAN 25% and REDUCE HOSPITALIZATIONS 40%, thus profoundly addressing the current and looming senior healthcare issues.

The VCA Process involves:

(1) discreetly placing, in the senior’s home, the latest-best activities of daily living sensors, health condition devices, thermal imaging and Smart Home units all tele-transmitting their data 24/7 to the AlwaysNear TeleHealth site on the Google Cloud.

(2) Data accumulated on the Cloud is used to produce the “Daily Activity Report” and other reports, which can be viewed on a smart phone, tablet and/or computer. Note: the senior used the toilet at about 11pm (red arrow), which resulted in an  “Alerts” when Mary didn't return to bed in a reasonable amount of time.  She was having a restless night, so was sitting on the couch, but she might have fallen in the bathroom.

The “Daily Activity Report” and/or time period summary reports (week, month, etc.) become the first line of VCA’s preventative care. It enables a professional care provider, family – friend caregiver and/or physician to view what a senior’s real “I’m fine” condition is (not sleeping, not eating well, not taking meds regularly, being extremely sedentary, toiletting too often, etc) and take appropriate action to avoid an “Alert” condition occurring.

Discussion regarding VCA’s ultimate preventative care capability, the Google Artificial Intelligence Platform’s analysis of the ever-expanding VCA database, will follow below. 

(3) On the Cloud, over one million lines of software and the Google Artificial Intelligence Platform code evaluate the data against chronic diseases, acute conditions and adverse activities of daily living “Alert” criteria.

(4) When an “Alert” condition is determined, an “Alert” is instantaneously transmitted to the professional and/or family-friend caregiver’s phone, tablet and/or computer for corrective action.

As shown, “Alerts” describe the causing condition, the time it occurred, the “Respond By: time and the recommended corrective action, If the “Respond By:” time is not met, the professional care provider’s entity or a designated family-friend member is notified. This accountability brings senior care giving to a new level of care quality and responsiveness.

Tele-Conferencing For Immediate Physcian Care


The Second Line Of "Preventative Care": Artificial Intelligence Analytics

The second line of preventative care is “handing-off” millions, billions of data points to the Google Artificial Intelligence Platform for analysis that will often reveal seniors' activities and conditions that show the path to an outcome that would be absolutely impossible for a human to conclude. Such interpretations will enable VCA to increasingly issue preventative care “Alerts”, rather than emergency "Alerts".

Without AI analytics, VCA enables interventions as a result of observations from the "Daily Activity Report" and/or generates timely required corrective action “Alerts”. With AI analytics, many “Alerts” will prevent the need for corrective action as the condition will be avoided by preventative care.

A “Must Have” Offering In The Emerging Telehealth Market

AlwaysNear TeleHealth's Virtual Care Assistant (VCA) is a "must have" capability for the 13,000+ professional care provider entities if they are to compete in the “emerging telehealth market”.

It is a "must-have" capability for the millions of family-friend caregivers, who can not afford even limited professional caregiver services, but now can have in-home 24/7 care for $2 to $3 per day that far exceeds virtually any level of professional care provider services.

Most professional care provider entities will not have the time, money or expertise to replicate VCA's one million lines of software and Google Aritificial Intelligence code capability , particularly when an AlwaysNear TeleHealth "virtual care assistant" can be placed in a senior’s home 24/7 for a very affordable $2 to $3 per day.  

Competition

There is currently no white label, SaaS AlwaysNear TeleHealth competitor that we know of.  Further, AlwaysNear as a white label, SaaS operation will be able to be fully focused on the continued advancement of the VCA process capability to stay ahead of competition.

AlwaysNear TeleHealth’s strategic plan is to approach Google (and its equivalents) at the “right time” to partner with or buy out AlwaysNear TeleHealth and in doing so AlwaysNear TeleHealth will become one of, if not the, premier senior in-home healthcare offering.

A Fitzmorris Family Team Effort

My parents, Wayne and Selma, who lived nearby for the last 30 years of their lives, were very helpful in many ways in bringing about the success of my first three start-ups.  Despite passing before AlwaysNear was undertaken, they would be particularly pleased that they were my inspiration for AlwaysNear, having been their primary caregiver as they lived into their 90's, and what that inspiration would mean to the lives of so many seniors, wounded warriors and disabled.  

My daughter, Denee, always encouraging me through my trials and tribulations on all my start-up endeavors, including AlwaysNear, only to become a successful entrpreneur herself.  

My wife, Susan,  never wavering in her encouragement, financial support, trying to understand what makes an entrepreneur tick and hands-on help despite the AlwaysNear endeavor taking considerably more time beyond what I estimated when I proposed to her.

An Outstanding Investment Opportunity:  (1) Improving Seniors Lives, (2) Reducing Caregiver Stress, (3) Substantially Reducing Seniors and Medicare Healthcare Costs and .....

Milestones

The AlwaysNear TeleHealth's Virtual Care Assistant (VCA) capability is currently under going  testing and will soon start trials at well-known healthcare entities.

Commercial launch is anticipated in the fourth quarter of 2020. and will be focused initially in The Villages, Florida where Tyce and Susan reside along with 130,000 other seniors. 

To date, AlwaysNear Telehealth has been largely funded by the Fitzmorrises who look forward to a successful Wefunder crowdfunding campaign.

What Is “Crowdfunding” and Why Would I Want To Invest With A “Crowd” Through Wefunder?

(1) Who/What is Wefunder?

•We help everyone invest as little as $100 in the startups they love.

•You can think of us like “Kickstarter for investing”.

•Unlike Kickstarter, you are not buying a product or donating to an artist. Instead, you are investing in a business with the hope of earning a return.

•You decide which companies are worthy of funding. If the business does well, you may make money. If it doesn’t do well, you lose all or part of your money.

•Either way, you join a community of other investors who seek to help the startup succeed. 

(2) Where does my money go after I invest?

•Wefunder is prohibited by law from touching your money.

•When you invest, your funds are transferred to an escrow account, in custody of Boston Private Bank. If the fundraise succeeds, your money will be released to the startup. Otherwise, it will be refunded to you.

(3) How is Wefunderdifferent from the stock market?

•Startups on Wefunder are much earlier-stage than companies listed on the NASDAQ or the New York Stock Exchange.

(4) Wait… How is this legal?

•Starting in May of 2016, thanks to a new law called Regulation Crowdfunding, it became legal for everyone to invest small amounts of money in the startups they believed in.

From 1933 to 2016, it was illegal to make an investment in a private company unless you were an “accredited investor” (i.e., rich).

•We started Wefunder to fix that, because we weren’t rich, and we wanted to invest in our friends. The first thing we had to do was convince Congress to change the law. We managed to do that, and here we are today!

(5) Why should I invest in startups?

•It shouldn't be to make lots of money! This isn't the stock market. Startups are much riskier and more likely to fail. Greed is a bad reason to invest.

• Of course, if you invest wisely, you can make money. Our advice? Invest only in what you understand (and preferably love). If you are a customer and love the product, then it’s more likely it’s a good investment. If you don’t understand it, it may be a bad idea to invest.

•Our opinion is that investing should not be solely about earning a return. To invest in something as risky as a startup, you should feel something extra, beyond just the business model. For us, that “something extra” is the personal fulfillment we get from helping a founder take “their shot” at making our world a slightly better place. 

•The one commonality? All of the companies on Wefunder that succeed at their fundraising have a community of people who love them.

(6) After I invest, how often should I expect updates?

•Wefunder recommends that founders send out an update to their investor at least once a quarter, but you can also ask the founders for an update by posting on the Q&A section of their campaign page, which is all the way at the bottom under the Interview section.

•Most companies are also legally required to issue an Annual Report 120 days after the end of their fiscal year. The annual report is a more comprehensive update with their latest financials, board members, new financings, and more.

(7) Is Wefunder regulated?

•Very much so! Our friends at the SEC and FINRA keep a close eye on us. Together, they wrote around 1,000 pages of regulations that we comply with.

For any more questions contact Wefunder.com.

Join us!


Downloads

Overview