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Lifeware Focuses on Integrative Medicine
TECHNOLOGY LIFEWARE FOCUSES ON INTEGRATIVE MEDICINE
It’s no surprise that our healthcare system is complex, expensive and unwieldly to navigate. In 2020, healthcare costs were 18 percent of our $21 trillion GDP, with one third of that $3.8 trillion being spent on chronic conditions known to be mostly preventable.
Moreover, many experts predict costs for our current approach to healthcare to rise unsustainably without producing widespread improvements in population wellness.
Integrative Medicine (IM) is a precise, predictive and personalized approach to identifying and mitigating health risks. This wellness pathway focuses on “Health Span,” or how well your life serves you within a given “Life Span.”
IM utilizes deep client relations, full-spectrum testing, genomic assessment, AI-assisted diagnostics, custom nutraceuticals, data-driven therapeutic scenarios, unique treatment systems, and ongoing support for anyone interested in optimizing their health span and maximizing their peak performance.
As a New York start-up, LifeWare is a catalyst for IM, health span awareness and a shift in healthcare spending away from illness treatment and towards illness prevention.
We are bringing IM closer to everyone’s lifestyle with smartly designed medical services pavilions that combine vitality and longevity concepts with whole body health goals, epigenetic risk mitigation and hormetic training practices in a health studio environment.
Our planned secure network of Vigevity Pavilions can complement existing medical practices, be integrated into health clubs or aging communities, and become an efficient vehicle for helping new medical practitioners establish their own neighborhood IM footprint and receive assistive financing in the process.
LifeWare is the innovation-forwellness brainchild of Ascher Shmulewitz, Debra Hubers, Benjamin Soffer, and Robert Colombo, a globally respected team of research, medical, genomics, bioinformatics, intellectual property and bioengineering folks that have repeatedly pushed forward the leading-edge of medicine, life sciences, wellness, healthy-aging, bioengineering and scientific innovation for decades.
Shmulewitz is a renowned and respected cardiologist, electrical engineer, bioengineer, educator, serial medical innovator and chief executive who has conceived, launched and developed over a dozen successful healthcare, diabetes prevention, diagnostic, nutrition, interventional, pharmaceutical, monitoring and medical device companies in the US, Israel and Europe.
Hubers is sought-after expert in outcome-based medicine, epigenetics and women’s health who founded and operates businesses devoted to genomic testing and assessment, customized bioidentical nutraceuticals and menopause revitalization chemistry that includes a compounding pharmacy providing personalized risk-reduction prescriptives to its clients.
Soffer is an economist, lawyer, academic and entrepreneur who has built, developed and marketed organizations focused on stimulating healthcare and allied medical practices innovation and providing medical technology transfer pathways from academia to various commercial businesses, hospitals and institutions in the US, Europe and Israel.
Colombo is a systems engineer, bioengineer, educator and innovator who has founded successful companies to research and develop devices, models, sensors, algorithms, analytics, wearable technology, secure networks and systems for aging in place, trauma care, orthopedics, brain health, artificial organs, prosthetics, hemodialysis and transplant surgery.
EXPERT ADVICE
LifeWare has assembled a novel financing group that includes a publicly traded investment vehicle (infinitymedical.co.il) that de-risks and maintains convertible liquidity for interested investors. For more information, contact Robert Colombo at (908) 625-0388) or rsc@teknowsisinc.com.
IS ASSET-BASED LENDING FOR YOU?
During stressful economic times, as recent events have demonstrated, businesses have sought out asset-based lending to fuel their recovery as opposed to more traditional corporate loans. There is good reason; cash flow limitations due to reduced demand, supply chain issues, and global events have made standard borrowing structures unattainable for many organizations.
Asset-based loans are secured by corporate working assets such as accounts receivable, inventory, and other fixed assets. These assets are analyzed and evaluated via field examinations and appraisals to establish appropriate advance rates on these assets, which provide a level of reduced risk for lenders.
The timeline involved to obtain an asset-based facility is similar to that of a traditional loan. However, when problematic issues or events arise, the turnaround time is generally quicker and easier for clients. The pandemic has made asset-based loans more popular than ever, as companies look for new ways to generate working capital and drive growth in an uncertain future. Here are a few of the advantages to asset-based loans to consider: • Improved Liquidity: The most important benefit that your company gets from using assetbased financing is improved liquidity. When used correctly, the facility can provide you with financial stability and predictable
Valley Bank can provide your company with the financial services and advice you need to ensure that your business recovers today and thrives tomorrow, and decide whether asset-based lending is right for your business. To learn more, contact Joseph M. Triscoli at (212) 253-4918 or JTriscoli@ valley.com.
QUEENS CHAMBER MEMBER NEWS RWNYC CELEBRATING TEN YEARS IN QUEENS
BY NICHOLAS LOUD
Resorts World New York City (RWNYC) is turning 10.
RWNYC recently hosted elected officials and community leaders from across New York for a leadership breakfast to celebrate the anniversary.
“Resorts World New York City is honored to work with a cohort of such inspiring elected officials and community leaders who are dedicated to promoting social and economic good in Queens and New York State,” aid Michelle Stoddart, RWNYC vice president of Community Development.
Elected officials joined Robert DeSalvio, president of Genting Americas East, at the upscale RW Prime to celebrate RWNYC’s accomplishments over the last decade, including generating more than $3 billion in revenue to support New York’s public schools and creating thousands of good-paying union jobs.
They also commemorated ten years of community partnership and initiatives like the Good Neighbor Network, designed to inspire, empower, and advocate for social and economic good in Queens and New York State.
In addition to the casino reaching the ten-year mark, RWNYC celebrate another milestone this year when it opened the 400-room Hyatt Regency JFK next to the casino in August.
Last month, the new addition was honored at the Queens Chamber of Commerce’s Building Awards ceremony in the category of New Construction/Hotels & Motels.
Construction crew managed to keep the project on track despite dealing with a global pandemic.
The Resorts World team had to contend with the idea of delaying hotel construction partially or completely during the pandemic, but resolved to forge ahead and fulfill their commitment to serving the people of Queens.
“It was the culmination of years of hard work and a dedication that no matter what challenges we faced, we were going to open this worldclass hotel,” Choi said. “More than anything, I was proud to share that moment with my colleagues whose tireless efforts led to this moment.”
Over the past ten years, RWNYC has worked alongside a number of local organizations, including the Boys and Girls club of Metro Queens and the Greater Jamaica Development Corporation.
Most recently, they launched the “Good Neighbor Network,” a community partnership designed to inspire, empower, and advocate for social and economic good in Queens focused on a broad range of issues, including workforce development, arts and culture, and health and wellness.
The Resorts World team believes that their commitment to completing the hotel project on time is not only a testament to their own resilience, but to the resiliency of Queens as a whole.
“There truly is no place in the
Pictured from left to right are Deputy Queens Borough President Rhonda Binda, Michelle Stoddart, Councilman Daneek Miller; Robert DeSalvio, Assemblywoman Stacey Pheffer Amato, Community Board 10 chairperson Betty Braton, State Senator Joseph Addabbo, Jr., Councilman Eric Ulrich and Frank Galluscio. Pictured from left to right are Assemblywoman Alicia Hyndman, Assemblywoman Stacey Pheffer Amato, Robert DeSalvio, Assemblyman Gary Pretlow and Assemblywoman Vivian Cook.
world quite like Queens and we are so fortunate to call this our home,” Choi said. “As we know, Queens was hit very hard by the pandemic and we wanted to do our part in helping to rebuild our community.
We want to show the world that Queens is open for business and at Resorts World they have New York’s only stay, play, dine, shop and be-entertained destination,” he added.
