Life Balance Technologies LLC

About Life Balance Technologies LLC

Our solution is the development of a new, proprietary software. Our software integrates of the building design, equipment, management system and room use or its application. Our system integrates the critical information in several integrated data sets, including:

• HVAC Equipment
• Building Specifications
• Current Conditions
• Industry standards (e.g., ASHRAE), state mechanical standards, federal infection controls, design intentions, etc.

All of these data sets are critical to meet the established standards, which are needed to provide maximum safety for the building occupants.

We market our software to hospitals, air balance contractors and building architects. We are engaged to support the annual compliance testing, as well as new capital projects or renovations, which is mandatory to complete the project.

Tagged with

Energy Management & EfficiencyHealthcareIndustrial Operations & ManagementProperty ManagementSeed

Team

Steve Manz

Founder

Problem statement

Life Balance Technologies helps hospitals and other buildings eliminate the threat of airborne infections by delivering accurate, reliable, and verifiable data needed to identify any airborne infection risks.

None of the 6,100 accredited U.S. hospitals are 100% compliant with the established building and ventilation standards. These standards exist to keep the occupants safe from airborne infections. Before the Covid-19 pandemic, hospitals used the "ostrich" defense. Hospitals only have to test the airflow only once a year, and they only test about 15% of the building. Even more astounding, the hospitals are subject to field audits from the accreditation services only every three years to maintain their licenses to operate.

There is another big problem too. The hospitals and owners of other public buildings, like schools, offices, entertainment venues, etc., have spent billions of dollars to build and modernize their ventilation systems. They incorporated the Energy Efficiency recommendations, which are built to optimize the occupant’s comfort (i.e. temperature) vs. energy consumption”. Energy Efficient systems have some features that are good, like advanced filtration and increased insulation. But since the HVAC system is the biggest energy consumer, modern building systems are designed to slow down the fan speed, which reduces the airflow. Maintaining adequate airflow is "Airborne Infection Prevention 101." Without it, airborne infections can collect in high risk areas. Building owners can save money on their utility bills, but they have put their occupants at risk.

Traction information

We have used our system in several large hospitals in California. The hospital engineering teams notified us that our fee had a 10x return on the savings (approximately $500K-$1 million ). They have hired us to to do the same exercise at a couple of larger and "messier" facilities. We expect to generate approximately $500K-$600K this year.