• InteliCare uses AI and IoT to improve aged care outcomes
• Signed a $8.8M contract with mecwacare for deployment in 22 facilities
• Aims to address workforce shortages, rising costs, and compliance issues in aged care

InteliCare Holdings Ltd, through its Investor Presentation, showcased its AI-powered care solution designed to enhance outcomes and operational efficiency in the aged care sector. The company leverages smart sensors, IoT, and AI to improve care quality and compliance. InteliCare has secured a significant $8.8M contract with mecwacare for deployment across 22 facilities, marking the largest agreement in the company's history. The presentation also highlighted the successful pilot at mecwacare's Trescowthick facility, which met or exceeded all predefined KPIs, demonstrating 100% fall detection accuracy and a 25% reduction in hospitalizations. InteliCare's scalable business model and recurring revenue model position it for growth, addressing key challenges in the aged care industry such as workforce shortages, rising costs, and stringent compliance requirements.

InteliCare Holdings Ltd expects to generate recurring revenue from SaaS and hardware sales.

InteliCare is at a commercial inflection point, with ongoing deployments and new strategic partnerships expected to drive growth.