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MedData

Information system for patients and health care providers

Kazakhstan, Almaty
Market: Internet and IT, Medicine, Crypto currency, Mobile applications
Stage of the project: Operating business

Date of last change: 10.12.2021
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- is seeking a loan
 

Idea

AI that helps to manage hospital and improve efficiency of the patients treatment

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

- Astana Hub, 9th generation;
- Most vc, ICESCO accelerator;
- 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;

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