Care economy activities and business model

About the organization:
Telecuidado is a telemonitoring system for the elderly. The innovative service consists of a wearable device connected 24×7 to a monitoring center, which receives the user’s vital signs, location, and signals from the patient. If an emergency is detected, the user, their family members, and health emergency professionals are immediately contacted if necessary.

Activities in the care economy: Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas)

Stage of growth: Small scale roll-out/Early stage

Type of services: Elderly-care (Ages 60 and above)

Number of customers (2020): Not available

Number of customers (2019): Not available

Number of customers (2018): Not available

Financials

Profitability status: Information not available

Revenue USD (2020): Not available

Revenue USD (2019): Not available

Revenue USD (2018): Not available

Pathways to impact

Challenge addressed:
Lack of affordable solutions to reduce amount of time spent on care and domestic work (Reduce), Limited redistribution of care and domestic work to other actors in the care economy (Redistribute)

Pathway to impact – 4 Rs: Reduce, Redistribute

Populations affected: Elderly people

Number of people served (2020): Not available

Number of people served (2019): Not available

Number of people served (2018): Not available