InteliCare's strategic deployment in aged care

InteliCare Holdings (ASX:ICR), an Australian SaaS technology company, is making significant strides in deploying its InteliCare platform across Hardi Aged Care facilities. The initial phase at Manly Vale and Blacktown is almost complete, with further installations planned for other locations. This initiative emphasizes the use of smart sensors and AI to enhance outcomes in aged care, disability, and health sectors.

InteliCare's strategic outlook and growth

InteliCare Holdings is actively progressing with its platform deployment in aged care facilities, focusing on smart technology to improve care outcomes. The company is preparing for future installations at additional locations. Recent corporate developments include a $2 million placement to boost growth and new board appointments to strengthen expertise in healthcare. InteliCare is also forming strategic partnerships to enhance its service offerings. The company is poised to assist aged care providers with anticipated policy changes, showcasing new product functionalities aimed at the Residential Aged Care market. Financially, InteliCare reports a solid cash position and remains committed to expanding its market presence and enhancing its technological solutions.

Executive insights on InteliCare's deployment

We are nearing completion of the first phase of our platform deployment at Manly Vale and Blacktown facilities. Our strategy is to continue this deployment at Summer Hill and Guildford later this quarter, and at Penrith and Seven Hills in early 2025. The anticipated revenue from this deployment includes $1.7 million in hardware and implementation fees and an additional $400,000 annually in SaaS fees once fully deployed.