Carewise

Elevator Pitch: Carewise transforms the daunting task of family caregiving into a manageable mission. By combining the latest in AI with a comprehensive caregiving knowledge base, we offer personalized guidance and support for family caregivers of Alzheimer’s and dementia patients—making every caregiving journey less stressful and more informed. Join us in revolutionizing caregiving, one family at a time.

Concept

A digital platform leveraging a specialized Caregiving Language Model (CaLM) to support family caregivers of people with Alzheimer’s and other dementias with customized educational content and care assistance.

Objective

To enhance the caregiving capabilities of family caregivers through an AI-powered educational and support tool.

Solution

Utilizing a fine-tuned small foundational model (FM) with a specific caregiving knowledge base to provide reliable, relevant, and accessible information and support.

Revenue Model

Subscription-based access for families, with tiered pricing based on the level of support. Affiliate partnerships with healthcare providers and institutions for referrals.

Target Market

Family caregivers of individuals with Alzheimer’s Disease and Related Dementias (ADRD).

Expansion Plan

Initially focus on Alzheimer’s and dementia care, then expand to other areas of caregiving. Develop a multilingual version to reach a global audience.

Potential Challenges

Ensuring the model’s reliability and accuracy over time, user privacy and data security, and maintaining up-to-date medical information.

Customer Problem

Lack of preparedness and access to reliable, relevant caregiving information for family caregivers of people with ADRD.

Regulatory and Ethical Issues

Compliance with health information privacy laws (e.g., HIPAA in the US), ethical considerations in AI-based advice, and ensuring no replacement of professional medical advice.

Disruptiveness

Significantly improves the support infrastructure for family caregivers by making personalized caregiving assistance accessible and reliable.