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MEDICPAD

We are the “software nurses” for medical doctors

Netherlands
Market: Medicine, Robotics, Artificial Intelligence, Mobile applications
Stage of the project: Operating business

Date of last change: 21.09.2020
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Idea

Through our automated checkpoint systems, we work closely with medical teams to align patient intake strategy and efficiency in order to deploy advanced and customized applications and patient management systems that not only solve problems, but also add value to clinical organizations.

Current Status

Actual system proven in operational environment, Full commercial application, Technology available for consumers

Market

Global Digital Health Market was Valued at Over USD 100 Billion in 2019 and to Reach Over USD 500 Billion by 2026.

B2B Customers: [clinics, hospitals, homecare, schools, nurseries, health insurance companies] & [kiosk manufacturers, interactive touch screen companies, robotics]

Problem or Opportunity

Long waiting times, medical errors and the lack of health information have determined patients to characterize the medical services as inefficient, unsafe and provider-centric. The approach concerning the improvement of the overall health status of the population must be rethought, especially given the global trends that confront patients’ empowerment. Although in the past patients were seen as passive recipients of medical services, we now witness a change of paradigm as they start to take an active role in managing their own health. Therefore, their attitudes change the rules of the game in the healthcare system and medical services providers should quickly adapt.

Solution (product or service)

MedicPad software solutions include features such as: tailor-made workflows, management dashboards, thermal temperature checks, survey & questionnaire forms, voice & face recognition, contactless interactions, +/- 0.5⁰C accuracy, fully customizable platform. Our cloud platform is highly recommended for data insights & reporting and easily used for any OS such as iOS, Android, Windows. MedicPad is the tool clinics, hospitals, homecare, schools, nurseries, etc. should use in the first line for the efficient triage of COVID-19 patients.

Competitors

1. www.midastouchinc.com/ 2. smartcaresoftware.com/ 3. www.thermal.com/

Advantages or differentiators

in-depth market understanding, better user-experience, client-centricity, value-added features, product development scalability architecture

Finance

Self-Service Kiosks BU - approx $50/ month/ licence (pre-paid annually)
HomeDoctor BU - approx $10/ month licence (pre-paid annually)
MedicBot BU - approx $5000/ product (one time - modules can be downloaded separately)

Business model

SaaS (monthly subscription)

Money will be spent on

SALES, MARKETING, PRODUCT ENGINEERING

Offer for investor

20% for $4mil

Risks

poor patient/ medical education, increases privacy pressure, lack of regulation

Incubation/Acceleration programs accomplishment

Participated in HealthInc Amsterdam accelerator & received equity funding.

Won the competition and other awards

Won the Raiffeisen StartUp Factor & received a bank loan.

Photos

Photo 1 - We are the “software nurses” for medical doctors

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