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Why now?
This is the best time for VigilanceAI to come into the market as there are many negative factors currently that affect both patients and hospitals
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$330 Billion
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Cost of Hospitalization for elderly (preventable conditions)
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65 Million by 2025
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Number of Elderly adults in US
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$1.24 Trillion by 2024
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Spending on Hospital Services in the US (Expected)
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As a result, Hospitals are incentivized to:
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Reduce cost per service provided
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Offer similar or greater quality service compared to prior fee-for-service insurance reimbursement
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Provide more coordinated care to improve efficiency
This shows the increase in patients, and the loss for hospitals and the potential for many more casualties that and hospitalizations that can be easily preventable.
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