Tech Company PacSana Signs Major U.S. Deal
PacSana’s smart bracelet, which monitors older people, is being used by Boston-based Gardeen.
Firm’s smart bracelet technology to become an integral part of the Boston-based Gardeen system
Irish homecare technology company PacSana has signed a contract with Boston-based Gardeen to use its technology as part of its monitoring solution for older adults.
The deal will see the PacSana smart bracelet technology form an integral part of the Gardeen system, which aims to deliver so-called pre-emptive care for those living at home, in independent living centers, and in assisted living facilities.
PacSana, established in 2019, offers products to help prolong independent living for older people. It uses its wearable technology to gather data on exercise, gait, falls and location in the home to develop an accurate picture of individual care needs.
“A lot of the stuff we drive is prevention,” said PacSana chief executive Fergal Duignan, noting that the technology could be used to ascertain the appropriate level of care for older people.
“From our first meeting, it was clear that the Gardeen team had the appetite and the ability to grasp this opportunity,” he said. “They are steeped in the care business in New England and have a deep understanding of the client need and how to leverage technology to deliver value from PacSana data and insights. We look forward to working with them and supporting their ambitious growth plans”.
Gardeen co-founder Allan Parker said the deal was a “key milestone” in the company’s growth in New England’s residential home care and senior living communities market.
The company is now eyeing growth in other areas of the US, in an attempt to tap into a market of more than 15 million users of home healthcare, a market that was valued at more than $130 billion (€117 billion) in 2022.
“We have been working with PacSana since late last year and are bullish about delivering real value through the Gardeen Monitoring and Assessment Service,” he said. “Our offering coupled with PacSana data and insights resonates with individual clients, partner organizations, and the senior living communities we serve.”
Cofounder John Moniz highlighted the care industry’s challenges, including limited staffing and resources. “We must reimagine how we deliver care,” he said. “Care technology like PacSana plays a vital role in gathering high-value data and insights on activities of daily living, exercise, gait, falls, and more, building a precise understanding of care needs. Now Gardeen and our partners can know what the right care is, when it is required and where is the most appropriate location.”
PacSana raised €1 million in funding earlier this year as it sought to grow further in the lucrative US market. Last year, it acquired new customers in-home care and senior living in the US and added new features such as gait and exercise measurement. It has offices in Dublin and Boston.
~ As printed in the Irish Times on August 18, 2023