Photo - MedApp
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MedApp

Automatization of macro and micro hospital processes

Italy
Market: Medicine
Stage of the project: Prototype or product is ready

Date of last change: 18.08.2020
Min amount of loan
$  420.000
Estimated yield
3 % a year
Total required
$ 700.000
Rating
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Also this project:
- is looking for investment

Idea

Problem:
- About half of all patients consciously do not adhere to the treatment regimen;
- Economic costs in the treatment of chronic diseases;
- Poor optimization of macro and micro hospital processes;
- Difficulties with assessment the dynamics of patient treatment;
- Gaps in the e-management system of the hospital;
High Level Concept: Easy integration of macro and micro hospital processes with the app -> routine automation -> available high quality medical services -> implementation of a treatment tracker;

Current Status

Prototype done. Doing MVP. Pre-sale 350k dollars.

Market

Early Adopters: First of all, those patients who are ready to use gadgets in their treatment will be the first to use this application.
Market numbers:
- 47% suffer from chronic diseases;
- 57% intentionally miss the next dose;
- About half of all patients consciously do not adhere to the treatment regimen;
- 14% suddenly stop treatment;
- 22% take a dosage lower than usual;
Market sectors:
- Patients with Chronic Disease;
- Family medicine;
- Screening patients;
- Patients of cardiology and cardiac surgery departments;
- Patients with complications requiring follow-up;
- Pediatrics;
- Endocrinology;
- Dentistry;
- Gerontology;
- Patients of different risk groups.

Problem or Opportunity

- About half of all patients consciously do not adhere to the treatment regimen;
- Economic costs in the treatment of chronic diseases;
- Poor optimization of macro and micro hospital processes;
- Difficulties with assessment the dynamics of patient treatment;
- Gaps in the e-management system of the hospital;

Competitors

-ealthlte.sterlingsystems.com;
- arcadia.io;
- aibolit.md;
- imed.kz;
- DoDoc.kz;
-103.ru;

Advantages or differentiators

- The program is designed to increase the efficiency of the hospital and user friendly for physicians on the one hand and improves the quality of patient care on the other. Program with bilateral benefits;
- Treatment tracker;
- "Search-Match' system;
- Personalized search engine;
- Safe communication of patient with doctor;
- Safe communication of doctor with doctor;
- Online tracking doctor's. activity, quality contorl;

Finance

- Commission fees for online payment for appointments and diagnostics;
- Advertising services of a doctor;
- Hospital or advertising of a medical company (excluding conflict of interest);
- Integration of advertising.

Loan terms

24 months

Interest rate, %

3

Type of pledge

Another

Pledge and assets

Company
Actives (equipment)

Business model

Commission fees for online payment for appointments and diagnostics, advertising services of a doctor, hospital or advertising of a medical company (excluding conflict of interest), integration of advertising.

Channels:
-Social networks;
- Marketplace;
- Streams;
- Press release, forums, bloggers;
- Hospital recommendation;
- Implementation managers.

Key Metrics of Success:
- The dynamics of treatment;
- Average time of medical checkup;
- The number of criteria for diagnosis;
- The number of complaints during the outpatient treatment;
- Indicators before hospitalization, and at the time of the checkup, in dynamics and during outpatient treatment;

Solution (product or service)

- The "Online treatment tracker". Education adherence to treatment;
- Online appointments;
- Online payment;
- "Search-Match" system;
- Search engine based on preferences;
- Online treatment monitoring;
- Online monitoring the work of an individual doctor and monitoring the department;
-Accounting for all input and output data. Go online;
- Secure communication system;
- Prediction of treatment dynamics;
- Reduce the cost of treating chronic diseases;

Risks

Publicly not known brand;

Incubation/Acceleration programs accomplishment

- Demo day "Invest day", by Astana hub, Nur-Sultan, Kazakhstan;
- Acceleration in Astana Hub, "9th generation";
- EWC, Entrepreneurship World Cup, 2 stage, Global, Region - Italy.

Won the competition and other awards

- "The Best in Medicine", startup competition, Italy, 2019;

Invention/Patent

Number of application for patent
2048-2

Photos

Photo 1 - Automatization of macro and micro hospital processes
Photo 2 - Automatization of macro and micro hospital processes
Photo 3 - Automatization of macro and micro hospital processes
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video