Medopad

Medopad Ltd
Private
Industry healthcare, big data, small data, mobile, internet of things, pharma, wearables
Founded 2011
Founder Dan Vahdat and Dr Rich Khatib
Headquarters London, UK
Website www.medopad.com

Medopad Ltd is a British healthcare technology company headquartered in London, UK, with international offices in Salt Lake City, USA, and Dubai, UAE. It offers a suite of CE certified applications that integrate health data from existing hospital databases as well as wearables and securely sends it to healthcare professionals' mobile devices.[1][2]

KPMG recently named Medopad a $1B HealthTech company in the making.[3]

Medopad is registered with the FDA and is HIPAA compliant. Primary clients are large hospital groups and large pharmaceutical companies, and since 2012, Medopad has been a supplier to the NHS. Medopad has attracted significant media coverage, including from The Economist, The Financial Times, and BBC World News.[4][5][6][7] Medopad was valued around $100m in latest funding deal in 2016. [8]

Products

Medopad Enterprise Solution

Medopad allows hospitals to pool their patient data into a single platform so it can be served up to doctors on apps and mobile devices in real-time.[4][6] Healthcare professionals can securely access lab results, images, clinical notes, and primary care data via iPads and other mobile devices.[9] In November 2013, Medopad was the first regulatory approved enterprise mobile health solution and received CE approval from the UK Medicines & Healthcare Products Regulatory Agency.[10]

Doctor and nurse view MRI on Medopad at patient's bedside.

Some of the clinical applications that Medopad includes are Patient Clinical Notes by voice recognition or typing, Scheduling, Lab Results, Image Viewer to view X-rays to CT scans, Support Documents to digitalise all paper documents or to take photos, Video Conferencing, Primary Records, Realtime Vitals, Demographics and Contact Information, Apple HealthKit integration, Realtime Data Stream, Traffic Light to sort and prioritise patients, Admission, and access to more third party applications integrated into Medopad through the Clinical App Store.[1][11] The Medopad software platform allows programmers and inventors to build clever apps around hospital big data, wearable devices and sensors that can combine data about physical health, activity and location.

Medopad Image Management App

The Medopad Image Management App allows clinicians to take pictures of a patient’s affected body part, annotate and securely share them with other clinicians, as well as archive them. Medical images are presented alongside patient demographics to provide the right context to the clinician.

Medopad Patient Portal App

The Medopad Patient Portal allows patients to connect with their clinical information at the hospital through a secure web interface, and make appointments, receive reminders as well as additional documents.

Medopad Patient Monitoring Solution

Patient monitoring solutions built on the Medopad platform provide healthcare providers with instant and near real-time access to patient data with significant benefits for patients:[12][13][14]

1. Reduce the negative impact of drugs on a patient’s wellbeing
2. Prevent compliance issues caused by missed medication
3. Deliver real-time patient data securely to global medical teams
4. Lower operating costs while improving overall care levels
5. Provide pharmaceutical organisations with real-world insight into the effectiveness of their drugs
6. Bridge the gap between insurance providers and policy holders

Picture of Tim Cook, Apple CEO
Tim Cook, Apple CEO, references Medopad's work with London's King's College Hospital in his Q3 2015 quarterly earnings call.

Medopad for Cancer

On 24 April 2015, Medopad announced the global rollout of a chemotherapy application for monitoring cancer patients, which has been designed specifically for the Apple Watch.[7][13][15][16] Medopad's roll-out of the Chemotherapy App was covered in a 6-minute interview on BBC World News.[7] The Economist reported in May 2015 that the Medopad Chemotherapy App, and other solutions that utilize 'small data' of patients at home, will result in big cost savings for healthcare providers.[5]

Some of the early adopters of the Medopad for Cancer app include Barts Health NHS Trust, Royal Free London NHS Foundation Trust, Princess Royal University Hospital and King's College Hospital.[17]

Tim Cook, CEO of Apple, referenced the Medopad Chemotherapy App and work with London's King’s College Hospital in his Q3 2015 quarterly earnings call. Cook explains how remote patient monitoring is helping to improve medical care across the world.[7][18]

Medopad for Pharma

The Medopad Patient Monitoring Solution provides pharmaceutical companies with instant and near real-time access to patient data. It allows pharmaceutical companies to:

1. See how drugs are performing
2. Segment all patient data by demographic features
3. Identify and select applicants for field studies

Customers, Partners, and Investors

BMI Healthcare, the largest private hospital group in the UK with nearly 70 hospitals has been the first to work with the company,[19][20] and Medopad is also an NHS supplier.[21]

Medopad strategic partners and clients include Bupa, Bayer, General Healthcare Group, Royal Free London NHS Foundation Trust, Princess Royal University Hospital, King's College Hospital,[22][23] Barnet Hospital, Chase Farm Hospital, Finchley Memorial Hospital, North Middlesex University Hospital, Vodafone,[24]BMI Healthcare, East Kent Hospitals University NHS Foundation Trust, Kent and Canterbury Hospital (Canterbury), William Harvey Hospital (Ashford), Queen Elizabeth The Queen Mother Hospital (Margate), Buckland Hospital (Dover), Royal Victoria Hospital (Folkestone), Intel,[25] IBM,[26] InterSystems, Open Text Corporation and Healthcare Gateway.[26][27]

Medopad has also built partnerships with Chinese hospitals, including Jinan University Hospital. As part of the company's effort to strengthen its ties with China through collaboration agreements, Medopad met President Xi Jinping of China and UK Prime Minister David Cameron and business delegations at the UK-China Business Summit.[28] On 19 June 2015, Medopad's CEO met with Chinese billionaire entrepreneurs including Li Jinyuan at an event hosted by The Rt Hon Sajid Javid MP, UK Secretary of State for Business.[28]

Among Medopad's institutional investors are Healthbox,[29][30] Sandbox Industries,[26][31][32] and among the angel investors are Lord Howard Flight, Tony Brown, Non-Executive Director of the NHS,[33] and Stefan Gries of BlackRock.[34] The supervisory board includes, among others, John Tate,[35] BBC’s former Director of Policy and Strategy and now CEO of Tamkeen,[36] and Paul Richardson, NHS executive.[34][37]

Medopad is one of the founding members of the Manchester mHealth Ecosystem[38] which consists of six NHS trusts.

Recognition

Participants of the MEDICA 2014 App competition on stage.
Medopad announced world's best medical app at MEDICA 2014

References

  1. 1 2 "NewScientist". Retrieved 16 June 2014.
  2. ↑ "Journal of mHealth - Real-time clinical information platform driving improved outcomes". Retrieved 30 October 2015.
  3. ↑ http://www.kpmg.com/nl/en/issues-and-insights/articlespublications/pages/a-healthtech-unicorn-in-the-making-how-is-medopad-doing-now.aspx
  4. 1 2 "Financial Times". Retrieved 30 October 2014.
  5. 1 2 "The Economist coverage of Medopad: Small data from patients at home will mean big cost savings". Retrieved 29 October 2015.
  6. 1 2 "BBC World News Business Edition: Medopad platform technology transforms patient care while improving efficiency and saving cost". Retrieved 30 October 2015.
  7. 1 2 3 4 https://vimeo.com/126517749
  8. ↑ http://www.thejournalofmhealth.com/#!Medopad-Delivers-First-mHealth-Enterprise-Solution-for-iPad-Pro/cuhk/568f94200cf2f5ee60f35eda
  9. ↑ "University of Oxford’s Tata Idea Idol Competition". Retrieved 17 June 2014.
  10. ↑ "Mobile health provider becomes first to receive CE approval". Retrieved 16 June 2014.
  11. ↑ "Empowering Mobile Health". Retrieved 19 June 2014.
  12. ↑ https://www.wareable.com/saves-the-day/cancer-fighting-apple-watch-app-medopad-future-of-digital-health-1142
  13. 1 2 http://www.thejournalofmhealth.com/#!Medopad’s-Apple-Watch-Chemotherapy-App-for-Cancer-Patients-Launches-in-Hospitals-Across-the-World/cuhk/553a40ac0cf2731334ee5961
  14. ↑ "Computer Weekly". Retrieved 29 October 2015.
  15. ↑ "The Lancet Oncology". Retrieved 29 October 2015.
  16. ↑ "The Stack". Retrieved 29 October 2015.
  17. ↑ "King's College Hospital magazine". Retrieved 29 October 2015.
  18. ↑ https://itunes.apple.com/gb/podcast/apple-quarterly-earnings-call/id74942331?mt=2
  19. ↑ "BMI pilots ‘Medopad’ across hospital group". Retrieved 19 June 2014.
  20. ↑ "Health Investor Power 50 2013" (PDF). Retrieved 17 June 2014.
  21. ↑ "NHS Moves Slowly Toward Mobile Health IT". Retrieved 17 June 2013.
  22. ↑ "Mobihealthnews". Retrieved 30 October 2015.
  23. ↑ "digitalhealth". Retrieved 30 October 2015.
  24. ↑ "Vodafone - How Medopad's Enterprise Mobile Health Operating System is Revolutionising Healthcare". Retrieved 16 June 2014.
  25. ↑ "Intel Partners". Retrieved 17 June 2013.
  26. 1 2 3 "Company Overview". Retrieved 19 June 2014.
  27. ↑ "Medopad Website". Retrieved 17 June 2013.
  28. 1 2 "LinkedIn article - UK, China and Medopad". Retrieved 29 October 2015.
  29. ↑ "HealthBox". Retrieved 17 June 2013.
  30. ↑ "'Dragons' Den' event promotes innovation in healthcare". Retrieved 17 June 2013.
  31. ↑ "Google Glass & Medopad: Rich and Dan Tell Their Story". Retrieved 16 June 2014.
  32. ↑ "Sandbox Portfolio". Retrieved 16 June 2014.
  33. ↑ "NHS Board of Directors" (PDF). Retrieved 17 June 2014.
  34. 1 2 "Medopad Ltd". Retrieved 19 June 2014.
  35. ↑ "John Tate on LinkedIn". Retrieved 17 June 2013.
  36. ↑ "John Tate on BBC website". Retrieved 17 June 2013.
  37. ↑ "Medopad Team". Retrieved 16 June 2014.
  38. ↑ "The Manchester mHealth Ecosystem" (PDF). Retrieved 17 June 2014.
  39. ↑ "FoundersGrid at medium.com". Retrieved 30 October 2015.
  40. ↑ "World's 50 coolest tech companies in ehealth" (PDF). Retrieved 30 October 2015.
  41. ↑ "HIT consultant". Retrieved 30 October 2015.
  42. ↑ "Hottopics.ht". Retrieved 30 October 2015.
  43. ↑ http://www.competition.greatbusiness.gov.uk/
  44. ↑ http://www.telegraph.co.uk/finance/businessclub/technology/11291181/App-for-doctors-Medopad-valued-at-50m-in-latest-funding-deal.html
  45. ↑ "MEDICA 2014". Retrieved 29 October 2015.
  46. ↑ http://www.thejournalofmhealth.com/#!digital-health-100/c1rdu
  47. ↑ "KPMG Nederland". Retrieved 29 October 2015.
  48. ↑ "Health 2.0 in Europe – Here’s 35 startups to watch". Retrieved 16 June 2014.

Further reading

External links

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