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MedData

Information system for patients and health care providers

Italy
Market: Internet and IT, Medicine, Mobile applications
Stage of the project: Operating business

Date of last change: 23.09.2021
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- is seeking a loan
 

Idea

MedData is created for hospital CEO, Doctor and patients. CEO will use it to manage hospital even from mobile phone, doctor - to manage their patients treatment, patients - to manage their health.

Current Status

The MedData team has created an MVP (minimal viable product). MVP was tested in 7 private medical clinics. Signing an agreement with corporate clients. Since November 2020, 20k+ users have connected to us (including 7 "CEO" accounts, 7 "Reception" accounts, 96 "Doctor" accounts and 20k "Patient" accounts).

This is the foundation for the future of "MedData AI".

Market

Medical institution's management and doctors and their patients.
Market sectors:
- Patients with chronic diseases;
- Family medicine;
- Screening patients;
- Patients with complications requiring observation;
- Pediatrics;
- Dentistry;
- Gerontology.

Problem or Opportunity

why are we doing this?
- Hospitals lose $ 100 billion a year due to the cash payment
- On average, one hospital loses 8-20% per year due to gray cash flow
- 50% About half of all patients do not adhere to treatment
- 57% intentionally skipping the next dose of the drug
- 22% take a dose lower than usual
- 30% forget to take medications on time
- 14% stop treatment suddenly
All these figures are related to 2 reasons: Lack of a system of remote patient care and lack of a transparent management system of a medical institution.

Solution (product or service)

- "Online treatment tracker". Treatment adherence training;
- Online appointment;
- Online payment;
- "Search-match" system;
- Online monitoring of treatment. Remote patient care;
- Online monitoring of the doctor's work and supervision of the department;
- Forecast of the dynamics of treatment;
- Direct influence on the work of the doctor / department through online monitoring;
- Online clinic builder.
- Secure communication system;
- Automative marketing;
- Big Data and AI.

Competitors

- Open health network;
- Mybase;
- Aibolit.md;
- 103;
- Medesek;
- Omnipresense;
- Mobicure;

Advantages or differentiators

- Our system is designed for both clinics and patients. The interests of providers and consumers of medical services are matters. Contributes to improving the efficiency of the hospital / doctors and improving the quality of online patient care on the one hand, and fostering adherence to treatment in patients on the other;
- Online treatment tracker;
- "Search-match" system;
- Online monitoring of treatment. Remote patient care;
- Online monitoring of the doctor's work and supervision of the department;
- Forecast of the dynamics of treatment;
- Direct influence on the work of the doctor / department through online monitoring;
- Online clinic builder.

Finance

- Commissions from online payment and appointment;
- Hospital subscription (6 categories);
- Patient subscription;
- Paid promotion of doctor/clinic services;
- Integration of advertising from platforms.

Business model

Income:
- Commissions from online payment and appointment;
- Hospital subscription (6 categories);
- Paid promotion of doctor/clinic services;
- Integration of advertising from platforms.

Channels:
- Involving patients through the hospital;
- Partner managers and implementation managers;
- Social networks;
- Traffic generators;
- Streaming platforms;
- Press release, forums, bloggers;

Key success indicators:
- Frequency of use of the treatment tracker;
- Full transition to online payments;
- The frequency and success of using the clinic constructor.

Money will be spent on

Software:
- Back-end developer
- Front-end developer
- iOS developer
- Android developer
- Cybersecurity Specialist
- Data scientist
- Group of Medical Experts
Team
- Management company (CEO, CTO, CMO, IRH)
- Attraction manager
- Implementation manager
- HR
- PR
- Lawyer
- Accountant
Marketing
- Targeted contextual advertising
- Visual marketing campaign
- Printed merchandising
- Traffic generators Google and Yandex
Equipment
Dell PowerEdge Server
Services
- Hosting
- Wrike
- Calendly
- Notion

Offer for investor

250000$ = 13%
30000$ = 2%

Mentors & Advisors

Risks

Publicly not known brand;

Incubation/Acceleration programs accomplishment

- Startup battle, Kazakhstan, 2nd place; https://battle.startup.network/ru/events/435426/
- Demo day "Invest day", by Astana hub, Nur-Sultan, Kazakhstan;
- EWC, Entrepreneurship World Cup, reached the 2nd level;
-The Best in Medicine, Sapienza University, 2020;
- Astana Hub, 9th generation;
- Most Hub.

Won the competition and other awards

- "The Best in Medicine", Sapienza University, Rome, Italy, 2019;

Invention/Patent

Number of application for patent
2048-2

Photos

Photo 1 - Information system for patients and health care providers
Photo 2 - Information system for patients and health care providers
Photo 3 - Information system for patients and health care providers

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video