Amesite Inc. Announces Revenue Generation in Home Care Market with AI-Driven Solutions that Meet Urgent Needs
Amesite Inc. (NASDAQ: AMST) announces revenue generation in the home care market through AI-driven solutions. The company targets a market of 33,000 home care and hospice organizations across the U.S., addressing critical challenges including staff turnover and operational costs. With approximately 77% of home care clients being turned away due to workforce limitations, Amesite's AI platform aims to enhance workflow efficiency and support employee retention. The company reports successful pilot agreements with independently-owned agencies and franchisees, claiming to deliver a 15X ROI. The solution targets a growing market as the U.S. elderly population expands, with Alzheimer's cases projected to rise from 6 million to over 13 million by 2050.
Amesite Inc. (NASDAQ: AMST) annuncia la generazione di entrate nel mercato dell'assistenza domiciliare attraverso soluzioni basate su intelligenza artificiale. L'azienda si rivolge a un mercato di 33.000 organizzazioni di assistenza domiciliare e hospice negli Stati Uniti, affrontando sfide critiche come il turnover del personale e i costi operativi. Con circa il 77% dei clienti di assistenza domiciliare che vengono respinti a causa delle limitazioni della forza lavoro, la piattaforma AI di Amesite mira a migliorare l'efficienza del flusso di lavoro e a supportare la retention dei dipendenti. L'azienda riporta accordi pilota di successo con agenzie a proprietà indipendente e franchisee, affermando di fornire un ROI di 15 volte. La soluzione si rivolge a un mercato in crescita man mano che la popolazione anziana degli Stati Uniti si espande, con i casi di Alzheimer previsti in aumento da 6 milioni a oltre 13 milioni entro il 2050.
Amesite Inc. (NASDAQ: AMST) anuncia la generación de ingresos en el mercado de atención domiciliaria a través de soluciones impulsadas por inteligencia artificial. La compañía tiene como objetivo un mercado de 33,000 organizaciones de atención domiciliaria y hospicios en los EE. UU., abordando desafíos críticos como la rotación de personal y los costos operativos. Con aproximadamente el 77% de los clientes de atención domiciliaria siendo rechazados debido a limitaciones en la fuerza laboral, la plataforma de IA de Amesite busca mejorar la eficiencia del flujo de trabajo y apoyar la retención de empleados. La empresa reporta acuerdos piloto exitosos con agencias independientes y franquiciados, afirmando proporcionar un ROI de 15 veces. La solución se dirige a un mercado en crecimiento a medida que la población anciana en los EE. UU. se expande, con casos de Alzheimer proyectados a aumentar de 6 millones a más de 13 millones para 2050.
Amesite Inc. (NASDAQ: AMST)는 AI 기반 솔루션을 통해 재가 요양 시장에서 매출을 창출했다고 발표했습니다. 이 회사는 미국 내 33,000개의 재가 요양 및 호스피스 기관을 대상으로 하여, 인력 이직과 운영 비용 등 중요한 문제를 해결하고 있습니다. 약 77%의 재가 요양 고객이 인력 제한으로 인해 거부당하고 있는 상황에서, Amesite의 AI 플랫폼은 작업 흐름의 효율성을 높이고 직원 유지율을 지원하는 것을 목표로 합니다. 이 회사는 독립적으로 운영되는 기관과 가맹점과 성공적인 시범 계약을 체결했다고 보고하며, 15배의 ROI를 제공한다고 주장합니다. 이 솔루션은 미국의 노인 인구가 증가함에 따라 성장하는 시장을 목표로 하고 있으며, 알츠하이머 환자 수가 2050년까지 600만 명에서 1300만 명 이상으로 증가할 것으로 예상됩니다.
Amesite Inc. (NASDAQ: AMST) annonce la génération de revenus sur le marché des soins à domicile grâce à des solutions basées sur l'IA. L'entreprise cible un marché de 33 000 organisations de soins à domicile et d'hôpitaux aux États-Unis, en abordant des difficultés critiques telles que le turnover du personnel et les coûts opérationnels. Avec environ 77 % des clients de soins à domicile étant refusés en raison de limitations de la main-d'œuvre, la plateforme IA d'Amesite vise à améliorer l'efficacité des flux de travail et à soutenir la rétention des employés. La société rapporte des accords pilotes réussis avec des agences indépendantes et des franchisés, affirmant produire un ROI de 15 fois. La solution cible un marché en croissance alors que la population âgée des États-Unis augmente, avec des cas d'Alzheimer prévus à augmenter de 6 millions à plus de 13 millions d'ici 2050.
Amesite Inc. (NASDAQ: AMST) kündigt die Umsatzgenerierung im Bereich der häuslichen Pflege durch KI-gestützte Lösungen an. Das Unternehmen richtet sich an einen Markt mit 33.000 häuslichen Pflege- und Hospizorganisationen in den USA und geht kritische Herausforderungen wie Personalausfall und Betriebskosten an. Rund 77 % der häuslichen Pflegekunden werden aufgrund von Arbeitskräftemangel abgelehnt, sodass die KI-Plattform von Amesite darauf abzielt, die Effizienz der Arbeitsabläufe zu verbessern und die Mitarbeiterbindung zu unterstützen. Das Unternehmen berichtet von erfolgreichen Pilotverträgen mit unabhängigen Agenturen und Franchise-Nehmern und gibt an, einen 15-fachen ROI zu liefern. Die Lösung zielt auf einen wachsenden Markt ab, da die älteren Bevölkerung in den USA wächst, mit einer Prognose, dass die Alzheimer-Fälle bis 2050 von 6 Millionen auf über 13 Millionen steigen werden.
- Generating revenue in the home care market
- Successfully completed pilot phase with independently-owned agencies and franchisees
- Claims 15X ROI on their AI solution
- Large addressable market of 33,000 home care organizations
- Expanding target market due to aging population demographics
- None.
Insights
The home care market entry represents a strategic pivot for Amesite, targeting a 33,000-organization addressable market with significant growth potential. The demographic tailwinds are compelling - an aging population and projected increase in Alzheimer's patients from 6 million to 13 million by 2050 creates sustained demand. However, the announcement lacks specific revenue figures or contract values, making it difficult to quantify immediate financial impact.
The claimed
Amesite's AI solution addresses critical pain points in home care - documentation burden, staff retention and operational efficiency. The platform's focus on real-time support across enterprise roles demonstrates solid product-market fit. However, the announcement is light on technical specifics about implementation, scalability and competitive differentiation.
The transition from pilots to trials suggests the product is still in early commercialization. While AI-driven efficiency tools are indeed necessary for the sector, success will depend on ease of integration, training requirements and ability to demonstrate tangible operational improvements. The lack of specific performance metrics or client testimonials indicates more validation may be needed.
33,000 Home Care Target Market Represents Significant Revenue Potential
DETROIT, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading technology company specializing in AI-driven solutions for B2C and B2B markets, announced today that it is generating revenue in the home care market.
The need for enhanced technology in the home care sector is critical. With staff turnover, documentation requirements and operational costs presenting significant challenges to home care agencies, the application of AI-driven solutions becomes essential to meet the demand for accessible care. In the United States alone, approximately
Both independently-owned and franchisee home care businesses represent major opportunities for revenue growth. The National Association for Home Care and Hospice reports 33,000 home care and hospice organizations across the U.S2. Additionally, the home care industry employed roughly 1.4 million workers in 20233. The population of Americans aged 65 and older expanded significantly throughout the 20th century, rising from 3.1 million in 1900 to 35 million by 20004. By 2030, all members of the Baby Boomer generation will be 65 or older. As the number of Americans living with Alzheimer’s disease rises, projected to increase from 6 million today to over 13 million by 2050, the demand for home-based elder care is set to surge significantly. Urgently needed growth in this sector is limited by workforce shortages and high operational costs, making AI-driven efficiency tools both necessary and timely.
Brandon Owens, Amesite’s VP of Sales, said, “Independently-owned agencies have seen the value of our solution. Additionally, we are seeing significant interest in franchisees of large organizations, who are participating in pilot agreements as a prelude to corporate adoption. We are now transitioning from this successful pilot phase to offering trial usage. This is made possible by our ability to deliver tailored features to employees across different professional silos.”
“Our early users informed our feature design and helped us genuinely meet their needs. Now we are outreaching to enterprises, knowing that we can deliver a 15X ROI. With enterprise pilots in multiple segments, we are confident that our messaging is on target, and we are increasing our marketing to drive more inbound leads,” said Madison Bush, Corporate Operations and Marketing Manager.
Dr. Ann Marie Sastry, CEO of Amesite, said, “As the U.S. population ages, the gap between available and needed staff is growing. We provide real-time support for every person in the enterprise from frontline caregivers to executive teams, helping them to efficiently produce documentation, communicate in challenging circumstances and navigate job challenges. We are committed to transforming this industry and providing the solutions needed to meet this pressing demand.”
Amesite’s AI platform integrates seamlessly into the operational frameworks of home care agencies, enhancing workflow efficiency, and supporting employee retention by lightening administrative burdens. As a result, AI technology enables agencies to make the most of existing resources and extend care to more clients who would otherwise be turned away due to staffing constraints.
About Amesite Inc.
Amesite Inc. (Nasdaq: AMST) is a pioneering technology company specializing in the development and marketing of B2C and B2B AI-driven solutions, including its higher ed platform that offers professional learning. Leveraging its proprietary AI infrastructure, Amesite offers cutting-edge applications that cater to both individual and professional needs. NurseMagic™, the company’s mobile app for healthcare professionals, streamlines creation of nursing notes and documentation tasks, enhances patient communication, and offers personalized guidance to nurses on patient care, medications, and handling challenging workplace situations.
Forward Looking Statements
This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
MJ Clyburn
TraDigital IR
clyburn@tradigitalir.com
Sources:
- https://www.tronviggroup.com/home-care-workers-shortage/#:~:text=A%20growing%20crisis%3A%20the%20current,new%20referrals%20as%20a%20result
- https://nahc.org/about-nahc/
- https://www.statista.com/statistics/185249/persons-employed-in-home-health-care-services-in-the-us-since-2000/
- https://www.census.gov/library/stories/2019/12/by-2030-all-baby-boomers-will-be-age-65-or-older.html
FAQ
What is Amesite's (AMST) new revenue opportunity in the home care market?
What ROI does Amesite (AMST) claim for its home care AI solution?
How many home care organizations can Amesite (AMST) potentially serve?
What market problem is Amesite (AMST) addressing in home care?
