Careium

Careium, the European champion in technology enabled care, has agreed a new contract with Oslo Municipality for servicing Oslo's 11 5000 seniors in need of telecare solutions and response services. The new contract, the largest-scale in all of Norway for similar services, spans 3 fixed years with three potential extensions of 1 + 1 + 1 additional years, leading to a contract time of 3-6 years. Annual value is estimated at SEK 50m per year, with the option to add additional services onto the contract.

"We are immensely proud of Oslo, with its high focus on innovation and quality, choosing to partner with Careium. The Oslo model, wherein software/platform and a full range of services from mobile response to remote monitoring are delivered in one comprehensive package is something for other entities - public or private - to learn a lot from as it truly enables rich, safe and active lives", says Careium CEO Christian Walén

The contract comes into effect 27th of October 2024. The previous contract, that Careium defended, was estimated at SEK 33m per year.