San Antonio, Texas, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The membership-based Clearday Clubs are an inspiring new kind of daytime destination for those who need help with the activities of daily living- those with dementia or other lifestyle-limiting chronic health conditions. Inside Clearday Clubs a Veteran will find a place that looks and feels like home. Clearday has spent the last three years developing novel therapies, activities and a full schedule of programming to support all its members. The Clubs especially put a special focus on the needs and likes of the Veteran.
In just the last 12 months, the Clearday Club roster of Veterans from San Antonio have increased 286%. The average participation rate has grown from 50% to 70%. The reimbursement rate from the Veterans Administration has grown from $54.75 per day to $114.90 per day.
This Veterans Day, weekend Clearday Clubs honored its Veteran members with a “Celebration of Service” which includes local:
-Reserve Officer Training Corp presenting our country’s colors on behalf of the Veterans,
-Local first responders presenting certificates of appreciation for service to our Veterans, and
-A special meal reminiscent of the flavors and tastes of the last 4 decades when a majority of the members served our country.
James Walesa, CEO of Clearday, reports the Clearday community has repeatedly received the highest marks for care from both the Texas State Regulators and the Veterans Administration. Walesa continues, “I am very grateful for the relationships Clearday has nurtured with all of our members – especially the Veterans Administration. This is a time to recognize the service of the men and women in uniform.” He added, “We expect to continue to support, grow and scale our relationship with the VA throughout Texas at our business combination.”
Texas has the largest population of Veterans of any state at over 1.5 million as reported on July 27, 2023, by the Texas Veterans Commission. The US Census Bureau reports over 600,000 Veterans 65 years and older who can qualify to participate in a Clearday Club if they need extra help with the activities of daily living.
Jagi Gill of Viveon Healthcare Acquisition Corp (VHAQ-NYSE) visited the San Antonio Clearday Club and reported to the Viveon Board the large opportunity to expand and scale the Clearday Club in multiple states. In fact, Clearday Clubs was one of the prime reasons Viveon was attracted to Clearday as the two companies work to complete their previously announced business combination. And Gill added, “With our resources behind it, the acquisition of Clearday will potentially help in solving the caring crisis in America”
Gill continued, “The highest quality of Care for all of the Clubs’ members is quite gratifying to be part of, and in the future servicing our Veterans is a primary focus of the combined company in 2024 and beyond. We look forward to our business combination with Clearday”.
About Clearday™
Clearday™ is an innovative non-acute longevity healthcare services company with a modern, hopeful vision for making high-quality care options more accessible, affordable, and empowering for older Americans and those who love and care for them. Clearday has a decade-long experience in non-acute care, which operates highly-rated residential memory care and adult daycare communities. Its Longevity Care Platform brings Clearday solutions to people wherever they are. Its platform is at the intersection of telehealth, remote monitoring, and patient engagement — all delivered across mobile, wearable, and robotic endpoints in a Software-as-a-Service (SaaS) and Robotics as a Service (RaaS) model.
Forward-Looking Statements
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