MedAlert
Date of Foundation
2014

MedAlert

"AI-Driven EHR Solution, MedAlert"

The Idea origin story

MedAlert propels interoperability and embraces standards that are modular, agile, and fully adjustable. It aims to lessen physicians' documentation time while augmenting patient engagement. This also endeavors to cut down the cost of implementation and upkeep. By responsibly using AI from producing and wrapping up notes, it assists doctors in supplying superior care.

The Mission

"Enabling patient engagement, reducing costs & time for physicians through responsible AI-driven EHR interoperability solutions."

Clients

Ambulatory clinics, single practices, wellness clinics and therapy Centers

Problems we solve

Client’s problem

Your startup could streamline operations, enhance patient engagement, reduce doctors' administrative work, lower maintenance cost, and improve healthcare quality with responsible AI usage.

Confirmation of problem

physicians spend excessive time on documentation, impeding efficiency and patient engagement. MedAlert aims to reduce this by over 60%.

Solution

MedAlert employs AI for intuitive interfaces, saving physicians' time. Custom data capture forms enable automatic note generation.

Our technologies

This solution is based on technologies

AI & Machine Learning for smart processing, Cloud Computing for scalable infrastructure, and Cybersecurity to protect sensitive health data.

How it works

Our solution offers role-based features, ensuring secure access for logged-in users via a user-friendly web browser interface.

Value for the client

MedAlert enhances healthcare quality by reducing physicians' documentation time and offering customizable, cost-efficient AI-based EHR solutions.

Market and strategy

Market size

3000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

George Vijay

My key role in the product

My key role is the CEO and I'm responsible for setting overall strategy, leading the team towards vision, securing funding and driving growth.

Team size and key members

Dr. Sunil Manjila, Founder and President. Dr. Gagandeep Singh, Founder and COO, Abraham Oommen, CMO, Simiraj S P, CTO and Teddy Thomas, CFO

Competitors

Competitors

Your potential competitors could be top EHR providers utilizing AI such as Epic Systems, Cerner Corporation, Meditech (SR EMR), Allscripts Healthcare Solutions and Athenahealth EHR. Similarly, small startups with a similar focus may also compete with you.

Our Advantages

Our product provides an AI-enabled, holistic EHR solution merging EMR, Telehealth and Practice Management. Exceptional for its user-customizable features and economical entry level. Uniquely blending telehealth and EHR market niches with a dedicated team of Technocrats & Doctors.

Business model

We make money through monthly/annual subscriptions. Clients pay for using the product. Subscription charge varies between $50 to $200 per physician per month

Traction

Enhanced the EMR function, now customizable. Integrated e-Prescription for streamlined medical workflows, and introduced AI to synthesize note summaries effectively.

Our company has exponentially expanded, establishing 10 additional centers and onboarding a robust team of 100 doctors. We're now primed for the Series A funding round.

Metrics

Our platform continues to grow with over 300k patients onboard and an average daily visit rate of 1200. Rapid growth demonstrates a strong market presence.

Incorporation

Our company incorporated in

Delaware

Key risks

Main risks of your startup could include stiff competition from well-established EHR providers, opposition due to data privacy concerns on adopting artificial intelligence for patient information handling, difficulties in integration with various existing healthcare systems and potential resistance from traditional medical professionals. Additional risks might involve inconsistent types or quality of data generated across different users that may affect the AI model's accuracy and reliability.

Investments

$

400000

We raised investments

Our Investors

Friends and Family investors. Major shares are held by 5 including the founders

Rising Investments

$

500000

Currently, we are raising investments

$

4 million

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Growth