HIT Consultant December 12, 2024
Fred Pennic

What You Should Know:

– LiveFreely Inc., a digital health technology company focused on empowering seniors and their caregivers, has acquired Sompo Horizon, a caregiving benefits provider and subsidiary of Sompo Holdings.

– The strategic acquisition will enable LiveFreely to expand its reach and enhance its platform with integrated caregiving solutions.

Enhancing the Circle of Care

LiveFreely’s flagship product, the BUDDY application, provides seniors with an AI-powered personal health assistant that offers:

  • Real-time health monitoring: Tracks vital signs and provides alerts for potential health issues.
  • Fall prevention: Predicts and helps prevent falls, a leading cause of death among seniors.
  • Geographic boundary monitoring: Ensures seniors’ safety within designated areas.

By integrating BUDDY with Sompo Horizon’s CareGo solution,...

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Topics: AI (Artificial Intelligence), Digital Health, Mergers & Acquisitions / JV, Technology, Trends
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