Thursday, October 20, 2005

Home Patient Monitoring

This is also old, but part of what inspired me to start this blog in
the first place. Business2.0 magazine had a cover story a while back
asking 10 VCs what they would fund right now and what they
would pay. Pretty fun read.

The most interesting one was for a Home
Patient Monitoring
system.

David Aslin and Paul Badawi pledged $8million for a prototype and solid team.

From the aricle:
No one likes extended hospital stays. Not patients, not hospitals,
and not insurance companies paying bills that can exceed $5,000 a day.
For the critically ill, there's no way around lengthy visits. But
thousands of other patients could be sent home early if they could be
monitored at home or at a lower-cost facility. Badawi and Aslin
envision a wireless transmitter that would attach to existing hardware
such as portable ECG machines and heart-rate and blood-pressure
monitors. The device would send data through a wireless router to a
cluster of back-office servers. The servers would function like a call
center, routing a patient's vital signs to the right nursing station
or on-call physician. Trimming just two days off the typical 10-day
hospital stay for stroke victims would be a service worth $2.7
billion.

As Badawi accurately explains:
"It's not the technology, it's the complexity of navigating the
health-care system that's going to be difficult,"

Anyone want to help me out?

1 Comments:

At 9:46 PM, Benjamin Stein said...

A quick froogle search turned up this bad boy. A lot cheaper than $8million, huh? I wonder what "remote receiving center" they are talking about?

 

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