SilverBills: A Financial and Legal Tech Tool for Caregivers
1 other identifier
observational
150
1 country
1
Brief Summary
Financial and legal management for persons with dementia (PwD) is a crucial responsibility of caregivers. This responsibility adds to the stress and strain of caregiving. Current technology tools that help with bill management and budgeting often require a high degree of technical expertise and provide an insufficient degree of personal support to address the caregivers' needs. Current approaches to financial management are typically aimed at technologically savvy millennials rather than caregivers. Additionally, these approaches do not address the need for safe and accessible storage of legal documents. Thus, the current solutions available for these tasks are a mismatch for caregivers. The investigators will address the lack of effective financial management and legal support for caregivers of PwD. Using proprietary technology, SilverBills receives, scrutinizes, stores, and pays bills on behalf of clients. The goal of this project is to decrease the stress and strain on caregivers of PwD, by providing a simple, safe, and effective financial and legal management tool. The investigators aim to build an easy to use, customizable, client facing application for caregivers to direct the financial activities of PwD. In addition, The investigators will enhance the capabilities of the application to reconcile banking information, detect fraud, secure data, provide enhanced reporting capabilities and provide further budgeting and planning functionality. Finally, in collaboration with researchers from the University of Denver, The investigators will assess caregiver burden and physical, financial, and emotional distress. The team supporting Silverbills V2 includes expertise in elder law, business development, Ruby on Rails software engineering, financial security and cognitive health, caregiving, research design and statistics. The work proposed should demonstrate that the SilverBills V2 product will: 1) Provide a financial management tool which includes a messaging system and vault of critical documents for caregivers of PwD and/or older adults, and 2) Evaluate the effectiveness of our product to decrease caregiver stress and increase caregiver quality of life. This team will support the rigorous scientific validation which will potentially provide evidence of our innovation and support this critical work to provide technological tools for financial and legal management to caregivers of PwD.
Trial Health
Trial Health Score
Automated assessment based on enrollment pace, timeline, and geographic reach
participants targeted
Target at P50-P75 for all trials
Started Jul 2022
1 active site
Health score is calculated from publicly available data and should be used for screening purposes only.
Trial Relationships
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Study Timeline
Key milestones and dates
First Submitted
Initial submission to the registry
May 6, 2022
CompletedFirst Posted
Study publicly available on registry
May 19, 2022
CompletedStudy Start
First participant enrolled
July 1, 2022
CompletedPrimary Completion
Last participant's last visit for primary outcome
May 31, 2024
CompletedStudy Completion
Last participant's last visit for all outcomes
May 31, 2024
CompletedNovember 21, 2023
November 1, 2023
1.9 years
May 6, 2022
November 20, 2023
Conditions
Keywords
Outcome Measures
Primary Outcomes (1)
Caregiver Burden
Zarit Burden Interview
1 year
Secondary Outcomes (3)
Mental Health
1 year
Physical Health
1 year
Financial Distress
1 year
Interventions
All subjects will be receiving the Silverbills financial and legal tech tool and a pre-post analysis will be conducted.
Eligibility Criteria
The investigators will recruit approximately 150 caregivers who provide care for an individual with dementia that meet inclusion/exclusion criteria.
You may qualify if:
- years or older
- Provide care for an individual with Dementia
You may not qualify if:
- Age \<18
- Lack of cognitive capacity to independently consent and complete participation (i.e., one who would require an informant)
Contact the study team to confirm eligibility.
Sponsors & Collaborators
Study Sites (1)
Silverbills, Inc.
New Rochelle, New York, 10804, United States
Related Links
MeSH Terms
Conditions
Interventions
Condition Hierarchy (Ancestors)
Intervention Hierarchy (Ancestors)
Study Officials
- PRINCIPAL INVESTIGATOR
Eric Chess, MD/JD
University of Denver
Central Study Contacts
Study Design
- Study Type
- observational
- Observational Model
- OTHER
- Time Perspective
- OTHER
- Sponsor Type
- OTHER
- Responsible Party
- SPONSOR INVESTIGATOR
- PI Title
- CEO and Founder
Study Record Dates
First Submitted
May 6, 2022
First Posted
May 19, 2022
Study Start
July 1, 2022
Primary Completion
May 31, 2024
Study Completion
May 31, 2024
Last Updated
November 21, 2023
Record last verified: 2023-11
Data Sharing
- IPD Sharing
- Will not share