Palarum, LLC

Palarum is a healthcare technology company specializing in wearable IoT solutions for patient safety, fall prevention, and mobility monitoring in acute and post-acute care settings. The company develops smart textile-based devices, most notably the PUP SmartSocks™, which utilize eTextile and IoT technologies to deliver real-time alerts when fall-risk patients attempt to ambulate unassisted. Clinical trials demonstrate a 73% reduction in patient falls and 40% reduction in false alarms compared to CMS baseline metrics. Beyond fall prevention, Palarum offers mobility tracking, eRounding capabilities, and data analytics platforms designed for hospitals, rehabilitation facilities, and long-term care environments. The company also markets the SmartBadge, an emergency preparedness and staff safety solution for educational institutions. Products are developed with clinical input and have earned Nurse Approved Certification, positioning Palarum as a clinically validated player in the patient safety technology space.