System for designing weight-bearing rehab programs after lower limb fractures and biofeedback & Smart Crutch Tips for at-home patient compliance.
Current Status
We have developed software, produced 280 pairs of devices, and passed all necessary regulation procedures. Our first study publication proved that Smart Crutch Tips is a valid tool for clinical use. Our satisfaction trial shows that it's so easy to use that, on average, it takes 6 minutes to train a patient to follow a weight-bearing protocol. A clinical trial with 50 patients at NYU Langone showed 51% higher protocol compliance with our device! Now, we are launching a clinical trial to obtain evidence about significant improvement in patient outcomes and savings for payers.
Problem or Opportunity
Each year, around 21% of lower limb fractures in the U.S., ~ 760,000 cases, result in incomplete bone healing or internal fixation failure. Those complications lead to an additional surgery and cost nearly $34 billion for the U.S. payers.
Solution (product or service)
ComeBack Mobility has developed a mobile app that allows doctors to design advanced rehab programs after lower limb fractures and IoT devices that attach to the bottom of crutches for at-home patient rehabilitation. It reduces complications that lead to reoperations, expedites recovery, and improves bone healing, generating additional revenue for practices and savings for payers.
Business model
The business model of ComeBack Mobility involves selling devices to US distributors for $2,000 per unit, who then sell them to clinics for $3,000. Each clinic sale generates recurring revenue through patient rentals at $500 per month, with insurance covering $1,000 for device rentals and clinic services. This model benefits all stakeholders, offering scalable revenue for distributors, increased clinic income per patient, and cost savings for insurers.
Incubation/Acceleration programs accomplishment
Techstars Physical Health Fort Worth '23
WCBA: Westchester County Biosciences Accelerator '24