Question 1

Hello! I wanted to know would this service be covered by medicaid/medicare? How does it compare to Honeywell's telemonitoring devices?

Accepted Answer

It is my understanding that if a doctor writes a presciption for a senior with two or more chronic diseases that requires 12 months or more of treatment by using our AlwaysNear TeleHealth Remote Patient Monitoring (RRM), the doctor can receive  reimbursement from Medicare between $213 and $303 per month.  Our System provides for the required collection, storage and review presentation of the treatment process for which we would charge the doctor $90 of the $213 to $303 he/...

Question 2

Can you provide an update on your recent traction and status?

Accepted Answer

We will be starting trials in The Villages Florida in December with Tier 1 seniors (2 or more chronic diseases).  We believe the trials will show that the AlwaysNear Telehealth in-home 24/7 monitoring capability wil provider for far better care at significantly lower cost and consequently provide the opportunity to commercially launch

Question 3

Hi This sounds very interesting, but I have a lot of questions. 1. First of all, when did this wefunder campaign begin? 2. You mention several times of making a capitalization event at "the right time." What are the circumstances that would deem it the "right time"? Can you po...

Accepted Answer

Thank you for your comprehensive questions. Question 1: Mid-August 2020 and extended to January 27, 2021 Qustions 2: Between 2020 and 2025.  Question 3: (a.) Yes, it could go globally from day one with the right major partner, like Google.  In advance of such a partnership we are launching in The Villages, Florida, where our headquarters are located.  The Villages, Florida is purported to be the world's largest senior living community with over 130,000 residences and growi...

Question 4

I've invested in multiple WeFunder offerings and have been watching your raise. It seems to be going very slowly and I think the reason is that I think your valuation is rich for a no-revenue company. I invested in a similar WeFunder offering for HealthEMed which had a SAFE va...

Accepted Answer

Thank you for your question and comments.  An investor has commited to invest $10,000+ in the next two weeks enabling us to meet our minimum of $50,000 before our close on January 27.  In early 2021, we believe we will start installing the AlwaysNear TeleHealth Virtual Care Assistant Process (VCAP) in our primary initial target market, Florida assisted living facilities.  Once installations start, we will undertake another Wefunder campaign. Regards, Ty...

Question 5

In your Form C the company name is listed as "AlwaysNear - Villages, Inc." This implies to me that this investment is just in AlwaysNear in the Villages and not in the company if/when it goes national. Can you please clarify? Also, did the committed investor you mentioned on 1...

Accepted Answer

1. AlwaysNear - Villages is the legal entity "doing business as" (DBA) AlwaysNear TeleHealthand consequently any investments are being made into AlwaysNear -Villages, not the DBA AlwaysNear TeleHealth. 2. The "committed investor" invested $10,000

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