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Companies serving veterans’ healthcare needs are adopting advanced technology solutions. Iveda, partnered with Movement Interactive, secured an eight-year, $1 billion Veterans Affairs contract. Their telehealth and fall-detection technology, IvedaCarea and IvedaAI, offer real-time monitoring for falls and medication usage. The investment in updated technology infrastructure is praised by Iveda’s CEO, David Ly. IvedaCare, an AI assistant using sensors and smartphone technology, benefits homes and care facilities. Movement Interactive will deploy Iveda technology in 150 households, public areas, and 4,000 senior living communities. The demand for VA healthcare is evident, with 70,000 veterans aging in place and three million veterans aged 75 and above expected to rely on it. Veterans may have service-related disabilities, increasing the number of disabled veterans. The VA supports legislation for alternative care options, like assisted living communities.
