Company History

WellAWARE™ Systems was founded in 2000 by biomedical engineers and software developers at the Medical Automation Research Center at the University of Virginia. The goal was to develop technology in support of higher quality, more efficient, and less costly health care. After initial prototype designs were developed, joint research and development studies were conducted with Volunteers of America and The Evangelical Lutheran Good Samaritan Society, two of the country's largest not-for-profit providers of senior care. After successful testing in various care settings including home health, independent living, assisted living, and memory care the WellAWARE™ System was commercially launched in summer of 2009.

Volunteers of America

Volunteers of America's CEO Chuck Gould discusses WellAWARE's benefits for seniors at the National Press Club with two of the nation's leading health care reform advocates, former House Speaker Newt Gingrich and former Senate Majority Leader Tom Daschle, as well as cultural anthropologist Mary Catherine Bateson. The discussion was moderated by political strategist Donna Brazile.

 

The Evangelical Lutheran Good Samaritan Society

The Good Samaritan Society's CEO Dave Horazdovsky introduces the benefits to using WellAWARE Systems.

 

In December 2009, WellAWARE closed $7.5 million of growth capital from Valhalla Partners and .406 Ventures, two leading information technology venture capital firms. The funds will allow the company to better serve the important and rapidly growing senior care technology market. Forrester Research reports that remote personal health monitoring sales are expected to reach $5 billion in 2010 and explode to $34 billion by 2015.