locAID: AI-Optimized Platform for Mobile Healthcare Workforce Dispatch

locAID is an AI-driven workforce optimization tool designed for nurses and other medical professionals who travel to the patient’s location to provide clinical care.

locAID-Title

locAID is a workforce optimization tool designed for nurses and other medical professionals who travel to the patient’s location to provide clinical care. locAID offers a combination of scheduling, navigation, and electronic health record (EHR) functionality by leveraging advances in ML/AI as well as platforms and network effects. There is no other product in the market today that combines the individual capabilities of these three components into a single unified keystone solution. The mobile health industry is projected to grow exponentially in the coming years. Amid the COVID-19 crisis, in particular, the importance of optimizing the mobilization of limited healthcare resources has only become more imperative. In addition, technology and underlying infrastructure such as mobile adoption, IoT, and ubiquity of sensors are advancing at breakneck speed. We believe that locAID, which at its core is a platform-as-a-service (PaaS) company, is best positioned to reap the benefits of these advances in such a fast-growing market in a way that was never possible before.

 


locAID-Who We Are


locAID-Introduction


locAID-The Problem

Stakeholder Pain-Points
Payers and home health agencies – Workforce utilization inefficiencies, lack of real-time accountability.
Traveling Nurses – Stress, burnout, too much time devoted to easily automatable tasks.
Patients – Quality of care and patient safety issues, lack of transparency.



Value is created for enterprise clients and other users by providing a unified platform together with algorithms that streamline the patient-nurse interactions along the different stages. Value capture could be through subscription-based, consumption-based, or freemium models.


locAID-Market Size


locAID-Savings Opportunity / KPI

Large insurance companies such as UnitedHealth Group daily dispatch hundreds of nurses and other medical professionals to various points of care including acute hospitals, nursing homes, and the patient’s residence. Two additional visits per nurse per day, achieved by using the locAID optimization engine, will result in annual savings in excess of $100M.


 


 


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Participant comments on locAID: AI-Optimized Platform for Mobile Healthcare Workforce Dispatch

  1. Wonderful. Looking forward to helping flesh this out. A key element to integrate where I have some experience and a tangental startup is HIPAA compliant document portability. As a California Fiduciary I also have some additional legal and physical considerations I hope to help you consider and fold into your offering.

    1. @Lucas would love to talk to you. Let’s touch base soon.

  2. This is a wonderful idea. My wife is a traveling Physical Therapist and she spends an incredible amount of time scheduling and figuring out how to optimize and organize her patients so she doesn’t have to spend extra time in the car every day.

    A few common pain points during a given week for her include finding a way to cluster patients in geographical zones, and fitting patients in to time slots that they prefer or can make work with their schedules. She spends quite a bit of time on the phone with patients who want to move their appointments without understanding that she’d have to rearrange her entire schedule.

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