Healthcare Integrated Technologies Inc. Stock Analysis HITC

Healthcare Integrated Technologies, Inc. engages in the development of a diversified spectrum of healthcare technology solutions to integrate and automate the continuing care, home care and professional healthcare spaces. The company is headquartered in Knoxville, Tennessee and currently employs 4 full-time employees. The company went IPO on 2014-09-12. The company specializes in integrating and automating various aspects of healthcare, particularly in skilled nursing and assisted living facilities. Its product, SafeSpace with AI Vision, is an ambient fall detection solution designed for continuing care communities and at home use. SafeSpace includes hardware devices utilizing RGB, radar and other sensor technology coupled with its internally developed software to monitor a person remotely. Its products include SafeFace and SafeGuard. SafeFace provides fully automated and ambient time and attendance reporting for facility staff, and an integrated and automatic agency invoice reconciliation feature. SafeGuard is a fully ambient elopement detection and alerting system based on its facial recognition technology. The company develops home concierge healthcare service application to provide a virtual assisted living experience for seniors and others.