GrandCare Systems awarded CDBG loan from EDWC
WEST BEND, Wis., (July 8, 2013) – GrandCare Systems®, a Washington County-based organization, is rapidly ramping up deployments of their touch-based digital health monitoring and socialization technology both domestically and internationally. This expansion is in part due to funding provided through the award of a CDBG loan for $200,000 from Economic Development Washington County (EDWC).
“It’s an exciting time for GrandCare and the ‘aging in place’ technology industry”, says GrandCare founder, Charles Hillman. “The vision that the EDWC has shown will not only help build up our team to support our large contracts, but also will showcase that Washington County is a pioneer in the Health Information Technology space.”
The GrandCare System starts with a large, user-friendly touchscreen placed into a loved one’s home. This touchscreen displays weather, news, calendar events, medication prompts, reminders, family photos, videos and allows for one-button Skype with designated family and friends. Various activity, smart home sensors & telehealth devices are placed around the home to give authorized caregivers and family “peace of mind” that all is normal and safe at home. Caregivers can choose to receive email, text or phone alerts if specified conditions occur (e.g. medication noncompliance, unusual night activity, failure to access the kitchen during mealtime, etc.)
GrandCare also enables the loved one with their own large sized “smart device” giving them easy access to family photos, videos, web-based content and one-touch Skype calls with children and grandchildren. These features are critical to help overcome the very real and damaging effects of social isolation.
“Home healthcare is a growing segment of the global economy”, states Christian Tscheschlok, Executive Director of Economic Development Washington County, “We are excited to support the growth of a local company that offers significant potential to elevate our economy through its noteworthy leadership in that expanding market.”
GrandCare is available today for retail purchase throughout the United States, Bermuda, New Zealand, Australia, and soon in the UK. For more information, visit www.grandcare.com or call 262-338-6147
About GrandCare Systems
GrandCare Systems, on the market since 2006, uses a series of wireless activity & telehealth sensors in a loved one’s home to alert family members if anything seems amiss. Family can Skype and send pictures, messages, videos, etc, to the loved one using a simple touchscreen interface. GrandCare combines digital health assessment, biometric readings, activity of daily living sensing, medication management, smart home automation, video chat, and virtual touch-based communications into the most comprehensive and fully-featured technology in the private home market.
For more information, visit: www.grandcare.com
About Economic Development Washington County
Economic Development Washington County (EDWC) is an independent economic development organization fueling growth businesses and industries for the creation of quality jobs and wealth in Washington County. EDWC accomplishes this through a focus on existing business development consulting; engaging in driver-industry business attraction; supporting qualified start-up enterprises and serving as a central voice on economic development issues.
About CDBG RLF Funds
Economic Development Washington County (EDWC), on behalf of Washington County, administers a pool of funds that can make loans to businesses wishing to expand or locate in the county. These loans are customized to a project but have typically been smaller in size ($20,000-$100,000) and are made at a low interest rate. Principal and interest repaid by those businesses with loans are reinvested back into the fund to be lent out again, making it a “revolving loan fund,” or RLF.
