South Australian not-for-profit provider ECH (Enabling Confidence at Home) acquired Melbourne-based technology company Billy last week.
The local startup uses a series of sensors around the home to monitor the daily activities of residents and shares this information with their families via smartphone app.
ECH chief executive Dr. David Panter (pictured) says ongoing investment and implementation of tailored technologies is vital for the industry moving forward.
“Technology will undoubtedly play a critical role in supporting Australians as they age – particularly those people who wish to remain living independently at home,” says Dr Panter.
“While it will never replace the personalised approach, the best outcomes for clients will be achieved through tailored and individual care plans combined with cutting-edge technology.”
Billy received $5 million in funding from investors including ECH in 2018, as we reported here.
“Today’s acquisition is reflective of the mission of the Billy team. We have got to know ECH as an investor and customer over the last two years and continue to be struck by the inspirational way that they think about the future of care,” said Billy co-founder Tim McDougall.