GeckoSystems will lead their own robot product line with the CareBot because of its strong positive ROI. The CareBot will pay for itself in anywhere from a few days, (scenario 1) to a little over two months in other cases (scenario 2), and probably within a year for almost all purchasers. (scenario 3).
Scenario 1: Patient comes home after major surgery or perhaps a heart attack and an unexpected complication or relapse occurs. Bio monitoring from the CareBot alerts hospital and patient is readmitted before the situation becomes critical. Patient is stabilized in ER and released or a hospital stay of weeks is shortened to a few days.
Scenario 2: Elder is at home or staying with family. Mental or physical condition becomes such that they are afraid to leave them at home for even a few minutes without having someone there. Stress becomes too much and family considers putting them in a nursing home but the cost is $70,000 per year (actual average cost used).
CareBot permits Caregiver to go to the store, take the kids to soccer, parents can go out to dinner, and stress is relieved without putting the elder in a nursing home. Elder is happier and healthier, family doesn't feel guilty, and the CareBot pays for itself in a bout nine weeks.
Scenario 3: Elder is living at home, happy, relatively healthy and has an active social life. Elder does have a problem with high blood pressure though, there is a history of stokes in the family, and does not always remember to take their medicine, worries about intruders even though they live in a safe neighborhood.
Closest child is 50 miles away, others are hundreds or thousands of miles away. First child has to spend a lot of time checking in on elder, is angry with the other kids because they don't seem to take enough responsibility. Hiring live in help would be $3-500 per week, hiring someone just to check in on her frequently would be $500 a month and they worry that they might make a mistake and hire someone who would take advantage of their loved one or something would happen between "check in" times.
The three of them chip in chip in $4000 apiece for a CareBot. All three can check in on the Elder frequently and the one who lives 50 miles away no longer feels like he has all the responsibility.
CareBot makes sure medicine is take on schedule. Connects to elder via Skype with video calls when needed or when Elder gets upset. If Elder thinks they hear something in the middle of the night CareBot can do an infrared scan inside the house and out into the yard to check for intruders, automatically alerting police if someone is spotted inside designated perimeter. If Elder has become too agitated and vital signs exceed programmed parameters paramedics are called.
At $1200 per month saved (the cost of cheapest live in help) the CareBot pays for itself in ten months even if the Elder continues to independent and happy at home.
Conclusion: Once people start to understand how a CareBot is used and insurance companies figure out how much they will save, sales will go through the roof. |
