Nextfab Ventures Invests In Qvntra's Passive Monitoring Solution For Senior Living Facilities

As the aging population in the US continues to grow, senior living facilities are seeking innovative ways to address the industry's greatest challenge: Staffing. Monitoring residents' wellness and safety around the clock is a top priority, but care professionals don't have the tools to monitor residents in real time for falls, incontinence, and infection. Companies have tried to offer solutions that require elderly individuals to use wearable devices, but they often do not like, forget to wear or forget to charge these devices.