StrideTech Go is Making Walkers Smart

We have developed a technology that can turn any walker into a smart walker with the goal of preventing falls in older adults. We are bringing the walker, a technology that hasn’t changed in decades, into the 21st century.

We believe that StrideTech Go is uniquely primed to launch as a consumer electronic, speeding up our time to market, however, we envision StrideTech Go as the new standard of care for anyone who uses a walker. Our goal for this product is to be reimbursable as a Remote Patient Monitoring Device and real time fall assessment tool that is accessible to anyone.

We worry about your loved one falling so you don’t have to, providing peace of mind for family members and improved treatment capabilities for healthcare providers. Engineering is primed, manufacturing is ready and we have a MOU with a partner for distribution.

Falls in Older Adults Currently Lack a Technology Solution

We believe there is relatively little awareness of the role that improper walker use plays in falls in older adults, despite the fact that it is a common, well-researched problem. For older adults, incorrect walker use often goes hand in hand with increased dependence on mobility devices, decreased mobility and falls. 

Healthcare professionals also have concerns, including lack of insight into their patient’s mobility, a constant need to train/retrain their patients on walkers, patient re-injury and re-admittance, patient and family confusion and anger when a fall happens, and dissatisfaction with care. 

Meanwhile, improper walker use can cause families of older adults to worry about their loved one’s mobility, feel uncertainty around their loved one’s health, and struggle with the transition from a family member to a caregiver. 

Many of these problems have worsened since 2020, when Medicare reimbursement for Home Health changed from fee-for-service to outcome-driven. (Source) Because of this change, care providers are faced with decreased amounts of reimbursement treatment. Now, they are limited to just 6 visits while needing to maintain patient outcomes. We believe technology is the only way to fill this gap without losing money.

Bringing Walkers into the 21st Century 

StrideTech Go is a smart attachment universally compatible with any walker that detects common walker misuses that lead to falls and injury. When StrideTech Go senses excessive weight bearing and forward leaning posture, it provides immediate vibration feedback  through the walker handles to alert the user to these unsafe behaviors. 

As a training tool, StrideTech Go can be utilized by families and healthcare professionals to improve walker use through real-time feedback and prevent behaviors which may lead to a fall. 

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In addition, StrideTech Go connects to an app that can be used by families and healthcare professionals to track progress and be alerted to unsafe trends in behavior. Our technology is research-backed, intuitive, teachable, and designed with the safety of the user in mind. 

*The above graphic contains images of our beta app which is currently not available for general use

Innovators in the Walkers Business Model

StrideTech Go has the ability to turn walkers into a recurring revenue stream instead of a one-time purchase through subscriptions to our app. Our hybrid business model includes both hardware and subscription sales through B2C channels. Our B2B channels are still in the development phase. Our app, which is not available to the market yet, requires a one-time purchase directly within the app.

For our B2C sales, we will sell directly to older adults and their families online through our website and through retail channels (Durable Medical Equipment stores). 

For B2B sales, we plan to target the home health market, outpatient rehab clinics, and physical therapy clinics. 

Data collected by StrideTech Go has never been available before and will be extremely valuable to users, family members, PTs, care facilities, and others. In the long term, we see an opportunity for the aggregated data’s value to create new revenue streams for our company. 

Proprietary Technology and Strong Partnerships

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We have spent three years developing our proprietary technology, including the mechanical design and functionality of the product, the hip distance sensor, and the use of vibrotactile, visual, and auditory cues to provide handle feedback to the user on their individual walker. 

We expect that our research partnership with Denver University’s Human Dynamics Laboratory will give us access to multi-million dollar lab equipment to clinically validate StrideTech Go and keep us on track to becoming a researched-backed medical device. 

When we are ready to launch, our partnership with Modena Senior Living will allow for large scale testing. In addition, our anticipated partnership with MedCOR Professionals will be ready by the end of Q2 2022. We can test, conduct research, and distribute our technology with established partnerships.

A Massive Market Fueled by a Growing Population

Americans over 50 spent $7.6 trillion on goods and services in 2018, this is projected to grow to $27.5 trillion by 2050. By 2030, they’re expected to spend over $200B annually on tech products. (Source) Meanwhile, the pandemic has made the industry transition very quickly to needing ways to remotely monitor and stay in touch with older adults. As a result, we find that senior care organizations no longer see technology as a nice-to-have but a necessity. 

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

Helping Older Adults Stand Tall and Keep their Independence

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We see smart walkers as the new standard for assistive technology.Integrated sensors can detect and predict falls, injuries, and alert healthcare professionals before problems become deadly. 

StrideTech has spent over three years developing this technology and has finally reached a commercially viable product with a patent and trade secrets in place. Manufacturing has already been secured, so funds can go directly to building inventory for sale and large scale testing. 

We are actively engaged in testing at senior living facilities and negotiating partnership agreements. In short, we are all set and ready to go. Join us as we set a new standard in a multi-million dollar industry and create better care for our loved ones as they age.