MedLogiq
We provide future proof technology that expands the reach of healthcare and delivers greater safety, reliability and patient outcomes.
A propos de vous
A propos de vous
A propos de votre organisation
Nom
RF Telematics
Site Web
Pays
États Unis, NJ, Keansburg, Monmouth County
Pays dans lesquels ce projet crée un impact social
Votre organisation est-elle une
Entreprise
Depuis combien de temps votre organisation opère-t-elle ?
1‐5 années
Votre organisation a-t-elle reçu des récompenses ou des prix ? Si oui, indiquez-nous lesquels.
Références - Veuillez fournir deux références, accompagnées chacune d'une explication de deux lignes, d'une adresse e-mail et d'un numéro de téléphone
Alan Davis
Tel #: 732-476-2430
e-mail: adavis@greenbaumlaw.com
Mr.Davis is a named partner in the firm of Greenbaum, Rowe, Smith and Davis LLP, established in 1914 where Mr.Davis practices in the business law area specializing in M&A work. Outside the legal area he is a past chairman of Monmouth Medical Center, a member of the Board of Directors of Barnabas Health and a trustee of Monmouth University.
Joseph Jesson - Chief Technology Officer, GE - Asset Intelligence
Phone: 203 613-3344
email: jejesson4@gmail.com
Joe Jesson is the principal architect for GE Asset Intelligence and serves as the Chief Technology Officer. He received the coveted GE’s Edison Innovation Award in 2007 for his telematics/telemetry/M2M technology and architecture innovations.
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Innovation
Sélectionnez la phase qui s'applique le mieux à votre solution
Création (un pilote qui vient juste de démarrer)
Depuis combien de temps le projet existe-t-il ?
En place depuis 1 à 5 ans
Le besoin : quel problème tentez-vous de résoudre ?
We will simplify adoption and eliminate the risks and liabilities associated with remote data collection through patient or equipment monitoring by adapting robust and proven testing, monitoring and diagnostic technology. Our platform will expand the reach of healthcare into underserved markets and provide tangible benefits to multiple stakeholders involved in the delivery of care. This solution is highly adaptable and can be adapted as needs grow, regulations changes, technology improves or new business models are created. Healthcare needs a safe and reliable way to incorporate new technology in a future proof environment and this is precisely what our MedLogiq platform will deliver.
La solution: quelle solution proposez-vous ? Soyez précis !
MedLogiq enables advanced patient monitoring, diagnosis and data reporting. Licensed from the auto industry, it is heavily used in R&D, manufacturing, service and certification processes. The operation of medical devices, user interaction with a device, regulatory compliance and the data collected are managed. Hundreds of simultaneous apps can be run, permitting specific data collection based on individual stakeholder needs. (patients, providers, payers, regulators, pharma and researchers benefit). Software tools easily adapt the monitoring routines as the patient’s needs, regulations or new technologies are introduced. Powerful decision capability can automate actions when thresholds are met to provide and report the need for immediate care. This updateable solution expands the reach and capabilities of healthcare while reducing costs. Leveraging this will quickly close the technology gap and prepare for future changes in the way care is delivered, received and sustained.
Le système : décrivez un exemple spécifique montrant de quelle façon votre initiative fonctionne ; indiquez vos principales activités.
MedLogiq is a proven solution that simplifies the adoption and implementation of vital monitoring activities that increase safety, reliability and outcomes in healthcare. This future proof platform will grow and evolve as the needs and capabilities of healthcare change over time, eliminating the risk of adoption and legacy concerns. MedLogiq improves care by enabling robust patient monitoring that can take into account patient condition, medications or environmental factors to determine occurrence of an untoward event and provide real time alerts. Actionable data avoids wasted time, increases the level of care and improves patient outcomes.
Data can also be captured to ensure patient activity, adherence or overall compliance is maintained. This can preserve outcome based payment or identify training needs. Monitoring routines can also be simultaneously run to provide additional benefits to payers, researchers, regulators and pharma can extract data that improves healthcare and may create new business models or revenue streams. In addition, compliance, operational and management responsibilities can be automated and greatly simplified which eliminates many barriers to adoption.
Practically, MedLogiq can help avoid defensive tests, reduce bed days and identify or eliminate human errors or equipment failures associated with care. This reduces risks and liabilities that cause inefficiency and further contribute to escalating healthcare costs.
Le marché : qui sont vos collègues et vos concurrents ? Identifiez les autres personnes qui travaillent à répondre au même besoin et indiquez ce qui vous différencie d'elles. Comment ces concurrents pourraient-ils influencer votre réussite ou votre croissance ?
By adopting technology that exceeds the current needs in healthcare we have not identified any direct competitors. We did evaluate similar technologies and our efforts could be recreated though we feel we have the superior solution available. There are many groups with similar goals and we view our technology as an enablement platform and created a model to facilitate partnerships by providing benefits to existing device and solution providers.
Our solution and the market will benefit from integration with existing service providers so that a single location or interface provides complete access. We expect monitoring routines to be established automatically from PHR information with no interaction required by the provider in the future.
This Entry is about (Issues)
Impact social
Création de l'organisation : nous voulons tout savoir sur votre déclic. Expliquez-nous oú et quand les fondateurs se sont rendu compte que cette solution possédait un véritable potentiel pour changer le monde.
While working on a project relating to remote data collection in transportation we were told of a recent project completed by our technology partner. They were asked by another partner to adapt their technology to a tunnel drilling machine in order to prevent costly breakdowns. (Apparently if a machine fails it needs to be backed out of the hole it creates, serviced and repositioned.) They added the diagnostic capability to monitor the operation of this complex machine and used the available sensor data to determine the volume and ratio of 14 available lubricant additives that should be added.
The end result was the machinery had no breakdowns, two service intervals were eliminated and the project was completed on time and under budget. I immediately realized that they successfully administered “care” based on available data and the potential was far greater than simply vehicles. We then built a business case and ten months later secured an exclusive license to the technology.
Décrivez le but de votre initiative, en insistant sur les résultats que vous souhaitez obtenir
We plan to accelerate technology transformation in healthcare by providing effective tools for data collection and management to industry stakeholders and vendors. We have the support of our technology partner and an attractive and flexible business model. MedLogiq is especially useful in remote and impoverished areas where cost savings and proven technology will be more greatly appreciated. These initiatives will prove the viability of our solution without the potential delays that can occur due to regulatory requirements and provide immediate benefit. We’ll continually build services around our platform expand the benefits and capabilities to create revenue opportunities for us and our partners. Researchers and universities around the globe to use our solution to foster collaboration
Jusqu'à ce jour, quels résultats a obtenu votre projet ?
Our solution has had a tremendous impact in the automotive and industrial markets globally. This has reduced the cost of products while drastically improving the safety and reliability. The benefits that will be delivered to healthcare are far greater and will have tremendous impact on societies around the world.
Quelles sont vos prévisions en termes d'impact au cours des cinq prochaines années ?
We expect to provide a significant improvement in patient safety and outcomes by providing a reliable, scalable and secure technology platform. The immediate focus will be largely on the patient / provider relationships and benefits. However; there will be significant benefits provided to regulators and researchers that will simplify and streamline processes and further transform healthcare.
The efficiency our platform provides will permit medical device and pharma companies to operate more efficiently and better manage product life cycles. Product costs will decline and an emphasis can be placed on innovation and better meeting the needs of society. Our technology is 15 years ahead of the healthcare industry and will have a profound and immediate impact in many areas.
Les meilleures propositions possèdent un programme solide détaillant leurs prévisions pour atteindre et suivre leurs objectifs de croissance. Identifiez vos objectifs à 6 mois pour accroître vos résultats
Completing a successful trial that shows the full potential of the technology in healthcare.
Définissez les trois tâches principales à accomplir pour atteindre ces objectifs à six mois
Tâche 1
Identify the data points needed for healthcare and integrate into tools
Tâche 2
Complete the application porting on a device platform to prove the solution
Tâche 3
Attract additional talent to our organization to plan product roadmap and set growth strategy.
Et maintenant, voyez les choses en plus grand ! Identifiez vos objectifs à 12 mois
Complete negotiations and close licensing agreements with at least one device and solution partner.
Définissez les trois tâches principales à accomplir pour atteindre vos objectifs à 12 mois
Tâche 1
Select the best medical device launch partner and close agreement.
Tâche 2
Select the best EMR or solution provider and close agreement
Tâche 3
Raise capital to establish platform hosting and implement growth strategy.
Viabilité
Quels sont vos différents partenariats ?
Mahle Powertrain is the developer of the monitoring technology we’ve exclusively licensed. They provide this technology to dozens of OEM’s around the world. It has been used to monitor over 75 million vehicles at 11 thousand locations in 65 countries and supports more than 30 languages. Ongoing negotiations are underway with device manufacturers and IT solution vendors. We have also developed some strong relationships with personnel at government agencies that are focused on healthcare.
Actuellement, votre projet cible-t-il d'autres populations, lieux ou marchés spécifiques ? Si oui, lesquels et pourquoi ?
The US is an obvious target market since over 70% of the solutions in this market are developed here. This factor also makes the US a strong starting point to develop technologies to be used in impoverished countries like Africa and India. We believe these are important areas where a great deal can be learned about care delivery in the large population of underserved people in the US that like in high poverty or remote areas.
Though we see the US as a key market we believe that work in other markets will provide knowledge that provides improvements in the US and other developed nations.
Quel environnement et quels facteurs organisationnels internes font la réussite de votre projet ?
Our background in high volume consumer products provides tremendous benefits in development, life cycle management and budgeting. We also understand the importance of the value proposition, not only to our “customer” but to every customer along the value chain. This is an aspect that has been missing in healthcare and something that will be required to adapt to the changes taking place in the industry.
Applying this knowledge and insight to adapt a very powerful, stable and reliable technology provides us with clear advantages because we not only enhance our partners technology we can help transform their operations.
Expliquez plus en détails les besoins et les offres indiqués ci-dessus ou proposez un type d'aide non mentionné dans la liste
We feel that every organization should always strive to have the right talent on board and we believe that will drive new creativity, applications and growth for our company. We also recognize that capital needs can dictate the growth curve and are open to investors. We also are happy to share our perspective and insight, we know that as “outsiders” our view is sometimes unique and has value.
 | il y a 66 semaines Bill Acevedo updated this Competition Entry. |
| il y a 66 semaines Bill Acevedo submitted this idea. |