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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
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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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