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Healthcare Integrated Tech Inc (HITC) RSS Feed

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23
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Created
05/18/15
Type
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Healthcare Integrated Technologies Inc., a Nevada corporation, acquired 100% of the outstanding capital stock of IndeLiving Holdings, Inc., a Florida corporation, in March 2018. Founded in 2016 and based in Knoxville, Tennessee, IndeLiving has developed a health monitoring system for assisted living centers. IndeLiving is an early stage company that uses proprietary technology to monitor seniors in real time by both care givers and family assist. This monitoring technology will assist seniors living independently or in an assisted living facility and their caregivers. The monitoring system is customized to the needs of the individual senior and, if applicable, to assisted living facility requirements. It I is designed to provide real-time information to monitoring stations at the assisted living facilities. It also can be set up to provide real time information via text, voice and email to family members or other caregivers. The residential model called "Inde Home" is a monitoring concept with custom modifications that can be applied to individual seniors in a variety of applications including Seniors living independently in their own home, with family members or in an assisted living or retirement community. The company also continues to operate its historic temporary staffing company which is based in Colorado.


COMPANY FUTURE DIRECTION

Our Vision

Fall monitoring is only the beginning for us. We are in R&D on a number of innovations which expand the capabilities of our in-room sensors to bring fully automated ambient ADLs to every facility complete with EMR integration, providing an exciting future product line-up for our current and future customers. This in-development product line will place us at the forefront of the future of healthcare: the at-home care space.

Ambient ADLs

Building on our break-though AI vision used for fall detection we also have the ability to determine in-bed, out-of-bed, in-room, out-of-room, sitting, standing, walking and bathroom visits, which will combine to provide real-time Activities of Daily living dashboard reporting.

Ambient Gait Analysis

Having AI with the ability to analyze a senior candidly provides us with the opportunity to perform continual gait analysis which can be used to spot instability early before a fall occurs and recommend therapy, thus preventing falls before they happen.

Ambient Fall Risk Prediction

Combining our gait analysis with a AI-measured timed-up-and-go, ambient vitals, the resident’s medical history and knowledge of change in medication will provide a robust fall risk predictor, which we are currently developing.

Ambient Vitals

Utilizing our breakthrough ambient sensing technology we anticipate soon being able to continually measure the resident’s core temperature, heart rate, respiration rate, pulse ox and even blood pressure, all without attaching any sensors to the resident.

Dashboard Integration

We are feeding all of our data into an integrated dashboard for use by the facility admin and nursing staff to provide them with a single-point of reporting and diagnostics, packaging our ADLs, ambient vitals and fall risk predictors into a single interface for easy consumption, analysis and reporting.

EMR Integration

We are anticipate supporting HL7 and FHIR integration so that our data will automatically update into the EHR of the resident’s physicians.

Our Team

Scott Boruff

Scott Boruff

Founder & CEO

35 years of leadership in business development, startups, mergers and acquisitions, business strategy, due diligence, and financial analysis.

Ken Greenwood

Ken Greenwood

Chief Technology Officer

20-year career in enterprise-scale software and development. AI research and design, models generation; systems architecture, integration and big data analytics.

Jurgen Vollrath

Jurgen Vollrath

Chief IP Counsel

32 years of proactive, adaptive and strategic business patent design. Implementation of patent strategies, patent generation maximization, and startup experience.

Dr. Susan Reyes

Dr. Susan Reyes

Chief Medical Officer

Board certified in Internal Medicine, 20-year career in geriatric care, medical director to several home health and hospice agencies and assisted living facilities

Charles Lobetti

Charles Lobetti

Chief Financial Officer

Performing tax accounting, SEC reporting and financials with 30 years of related experience.

Andrew White

Andrew White

VP of Sales

Sales and Marketing, client and executive relations, reliable and responsive executive support.

Matt Brown

Matt Brown

Brand Strategist

Creating brand strategy using 20 years of health-centric marketing and image development.

Bradley Hodge

Bradley Hodge

Advisory General Counsel

30 years specializing in financing, acquisitions, and commercial transaction law.

Brad Pruitt

Brad Pruitt

Account Acquisitions

13 years accelerated sales campaigns and account growth with a focus on emerging markets.

 Tomislav Petkovic

Tomislav Petkovic

Developer

Code development in C++ for our proprietary AI. Expert in performing mathematical analysis and converting them into image processing algorithms.

Cristian Iordache

Cristian Iordache

Developer

C++ and C# code development specializing in efficient image-processing AI algorithm development and implementation.

Amy LaGrant

Amy LaGrant

Gerontologist

Advising our marketing with 15 years of related marketing experience focusing on boomers, seniors and caregivers.

Our Partners

Share Structure

 
 
Market Cap Market Cap
4,230,467
10/13/2022
Authorized Shares
200,000,000
10/10/2022
Outstanding Shares
42,304,673
10/10/2022
Restricted
36,149,166
10/10/2022
Unrestricted
6,155,507
10/10/2022
Held at DTC
4,061,893
10/10/2022


CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT (this "Agreement) is made and entered into as of August
26, 2022, between HEATHCARE INTEGRATED TECHNOLOGIES, INC., together with its subsidiaries
and affiliates, including any new entity or vehicle established for the purposes of this transaction, with
offices at 1462 Rudder Lane, Knoxville, IN 37919 (*Company" or "HiTC"), and SHAYNE BENCH,
individually, and BUCUTI INVESTMENTS, LLC or assignee, with offices at 309 Ringling Point Drive,
Sarasota, FL. UNITED STATES (*Consultant").

RECITALS
The Consultant has expertise in the provision of business advisory services and is willing to
provide business advisory services and in analyzing, structuring, negotiating and effecting such
a Business Combination.
2.
The Company is willing to engage the Consultant as a non-exclusive independent contractor
for the sole purpose of advising on financing, corporate restructuring as well as advising on
strategic alliances and relationships.
3.
The Consultant shall use its best efforts for the Company to coordinate the introduction of the
Company to individuals, firms or other entities that may have an interest in pursuing some
form of Business Combination, which means (i) any merger, consolidation, reorganization or
other business combination pursuant to which any portion of the business of the Company is
combined with that of another entity, including without limitation any joint venture, licensing
agreement, or product sale or marketing distribution agreement or (i) the acquisition, directly
or indirectly, of beneficial ownership of more than 50% of any class of capital stock of the
Company or substantially all of the assets of the Company.

4.
The Company agrees not to circumvent the Consultant for any and all introductions, directly
or indirectly, made to the Company by the Consultant.
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