About

About

EARLY ON IDENTIFICATION

Perlis Ltd. is developing an Artificial Intelligence System (AIS) whose objective is to help the elderly retain their independence at home for many more years through early identification and treatment of diseases affecting the elderly.
 
Our system serves as a very-early warning system to physicians and professional caregivers to provide continuous 24/7 active medical supervision at the homes of the independent elderly in an effort to keep them independent and at home for much longer. It does by early identification and treatment of diseases affecting the elderly. 

Overview

Perlis Ltd. delivers cloud analytics to decries the burden of expenses on hospitalization of Elder Adults diagnosed with Frailty Symptoms and Elderly Diseases, by early detecting their degradation in performing Activities of Daily Living (ADL) and prioritize them to receive preventive and proactive care. The product is a fully autonomous non-invasive monitoring system, which provides professional caregivers with a tool to schedule visits of those who most need.

The Business Opportunity

  As a consequence of improvements in medical care and extension of life expectancy the population of people over 60 is increasing radically, while the number of those over 80 increases even faster. This population number is today close to 1 Billion and is expected to double until 2050. Preventive and proactive care is necessary to fulfill commitments of Governments and HMOs, who collected during decades of payments for Health insurance. The market is valuated over 400 Billion US$ in US alone.

Some specific examples:
  • In 2000, there were almost 10 300 fatal and 2.6 million medically treated non‐fatal fall related injuries. Direct medical costs totaled $0.2 billion dollars for fatal and $19 billion dollars for non‐fatal injuries. Of the non‐fatal injury costs, 63% ($12 billion) were for hospitalizations, 21% ($4 billion) were for emergency department visits, and 16% ($3 billion) were for treatment in outpatient settings. Medical expenditures for women, who comprised 58% of the older adult population, were 2–3 times higher than for men for all medical treatment settings. Fractures accounted for just 35% of non‐fatal injuries but 61% of costs.
  • The estimated direct healthcare cost attributable to sarcopenia in the United States in 2000 was $18.5 billion ($10.8 billion in men, $7.7 billion in women), which represented about 1.5% of total healthcare expenditures for that year. A sensitivity analysis indicated that the costs could be as low as $11.8 billion and as high as $26.2 billion. The excess healthcare expenditures were $860 for every sarcopenic man and $933 for every sarcopenic woman. A 10% reduction in sarcopenia prevalence would result in savings of $1.1 billion (dollars adjusted to 2000 rate) per year in U.S. healthcare costs.
  • A fall on the same level due to slipping, tripping, or stumbling was the most common mechanism of injury (28%). Mean hospitalisation cost was US$ 17,483 (S.D.: US$ 22,426) in 2004 US$. Femur fracture was the most expensive type of injury (US$ 18,638, S.D.: US$ 19,990). The mean reimbursement cost of an ED visit was US$ 236 and US$ 412 for an outpatient clinic visit.
The Pain: About half of this population suffers from Frailty Symptoms, which cause falls, as well as other elderly diseases, which require long term hospitalization in Nursing Homes. 
The solution: PerlisCare™ monitoring system detects changes in moving behavior and ADL and enables caregivers to prevent the hospitalization.  The economic burden on Governments and Health Insurance Companies grows exponentially and it is vital to reduce/ control the number of elders, who require care, while keeping this population independent as long as possible. Independent elders pay insurance, while others consume it. 

  To ease the burden of treating elderly diseases in their active stages, there is a need of a fully autonomous predictive tool, which will provide decision makers early detection of degradation, when cure may help, to take proactive/ preventive actions.

Our Mission

To become the world leaders in the area of improving the remote monitoring tool, necessary to identify in time those who most need professional caregivers attention for extending their period of independent life. 

The Value Proposition

  PerlisCare™ the monitoring solution of Perlis improves aging well at Place for elderly, release close family and friends’ stress and reduces the cost of care of Governments and HMOs to enable them fulfill their basic commitment at all. Health care budgets are built from the current payments of the young, who are working. The relative growth of elder population means decrease in the relative numbers of those who pay insurance fees.

The Management

Dr. Reuven Granot PhD, CSO, President & Founder 

Expert in Robotics and AI systems Professor in Haifa and Bar Ilan Universities. Senior position in Israeli Ministry of Defense R&D. 

Marian Moscoviz MD – CMD 

Specialist in Cardiology, Internal medicine, Geriatric. 
Former Head of Emergency Department at Rambam Hospital; Chief Geriatrician of Northern District of Maccabi Health fund.

Ehud Moradoff 

25 years of hands on and VP R&D in national and multinational medical startup companies.


Prof. Yitshal N. Berner MD

HPM – Mentor. Head, Geriatric Medicine, Meir Medical Center of Sherutei Briut Clalit, Kfar Saba, Associate Professor, Tel Aviv University Sackler Shool of Medicine.

Proactive and Preventive
   
    Elder adults prefer to age at their place. They are even afraid to be moved to Nursing Homes or similar elderly assisted living facilities. A few, who can afford expensive Retirement Community Centers learn after a few years that the original preferred society is dynamic and at their ages members die or require intensive long term care, which can be provided only at Nursing Homes. From majority of elder population point of view, about 90% prefer to stay at home and even when intensive care is required their preference is to be supplied at place.
     From HMOs and Governments financial interest point of view, the cost of care grows exponentially from been supplied at elder patient’s Home to Residential Care and farther to Acute Care Units. 

    The Acute Cost consists of ICU, Community Hospital and Specialist Clinic, each is exponentially less expensive than the one listed in front. The same for Residential care which consists of Skilled Nurses and Assisted Living, the last be less expensive. While the elder adults age at Home the care is provided by Doctor’s Office, Chronic Disease Management at home, Community Clinic and most of the time Independent Healthy Living.

   This is a win-win situation in which elder adults and Governments/ HMOs have the same goal to leave them age at home as long as possible. Of course they must be monitored and care should be handy, which means a proactive attitude to prevent the worse of frailty and elderly diseases. If these situations and symptoms are early detected there are treatments, orders of magnitude less expensive than reacting after the frailty or diseases are already in a developed stage.

Share by: