Catching Errors
MIT Alumni develop solution that flags medication mistakes at the hospital bedside
Read more here.
MIT Alumni Created Drug Safety Technology
MedEye uses computer vision to prevent incorrect drug administration.
An end to drug errors?
"MIT alumni entrepreneurs Gauti Reynisson MBA ’10 and Ívar Helgason HS ’08 spent the early 2000s working for companies that implemented medication-safety technologies — such as electronic-prescription and pill-barcoding systems — at hospitals in their native Iceland and other European countries."
See original article.
Healthcare IT in Europe
The US health IT space is white hot. Europe lags far behind both in the number of companies and in the amount of money being invested. There have been very few (no?) exits. I was wondering if Europe will ever catch up and which companies and geographies are emerging winners. So I decided to survey a half-dozen Europe-based VC partners active in healthcare investing some of whom have taken their first tentative steps into health IT investing. Here’s what I found out..
See original article.
Mint Solutions Using $6M to Solve a Serious Problem in Hospitals
As you read this, more than 2.7 million people are in one of the 6,000 hospitals scattered across Europe. By this time tomorrow, healthcare workers will have administered over 40 million doses of medicine to those patients. Most of the time, it goes right.
See original article.
Why Europe's Hottest Med Tech Entrepreneurs Are Pitching Up In The Netherlands
Mint Solutions is the company behind MedEye, a high tech medication verification system designed to tackle what has become a major problem for the medical profession – and for patients – that of the incorrect administration of medication. Describing the scale of the problem, Reynisson says: “In the next 24 hours, patients in 6000 European hospitals will be getting over 40 million dosages of medication, yet one in five of these will be given incorrectly by the hospital nurse at the bedside.”
See original article.
Record funding for Mint
Mint Solutions recent round of funding makes it the largest Series A coming out of a Startup Bootcamp accelerator. Article download available here
See original article.
MedEye Pill-Scanning Medical Safety Tech Pulls In $6M
Mint Solutions, a hardware startup that’s developed a device designed to help hospital nurses ensure each patient gets the right medicine and the correct dosage, has pulled in a €4.425 million ($6 million) Series A funding round.
See original article.
Mint Solutions raises EUR 4.4 mln in a Series A
Amsterdam , the Netherlands, July 8 2014 – Mint Solutions Holding BV (Mint Solutions) has raised EUR 4.425 million in Series A funding led by Life Sciences Partners (LSP) and co-led by Seventure Partners with participation from existing investors. As part of this investment the company will relocate headquarters to the Netherlands to further grow sales of their flagship MedEye product.
See press release for further information.
Mint Solutions chosen to enter HighTechXL program
Mint Solutions was selected to join the HighTechXL program from among hundreds of companies. The HighTechXL program will help Mint Solutions expand its footprint and sales in the Netherlands.
The announcement and more details on the program can be found here.
Mint Solutions selected to J&J Digital Health Masterclass
Mint Solutions was selected by J&J from applicants across Europe to join their Master Class, a curriculum focused on growing healthcare IT businesses culminating with a demo at the Health 2.0 conference in London.
More details on the program can be found here.
MedEye to improve quality and lower cost
NYFER has delivered a report, commissioned by ONVZ health insurances, on how IT can improve healthcare. The conclusion is that by using IT to improve quality the healthcare sector can help control the healthcare spending and save cost. Integration of IT solutions is a key factor in implementation success and medication safety is discussed as a key factor in improving healthcare. MedEye is prominently featured in discussions about medication safety.
The report can be read here
MedEye in the news... again
This time it was BNR Nieuwsradio with Roelof Hemmen with a short interview with ADRZ this morning. We'll post a link when we find one.
MedEye in the news
MedEye and ADRZ were the feature of a "korte inslag" in Omroep Zeeland tonight. Take a look.
MedEye goes live in ADRZ
ADRZ hospital in Vlissingen has now started using MedEye to verify medication administrations for patients. Over the coming two weeks, Mint Solutions and ADRZ will work together to expand the use of MedEye in the first ward, providing complete medication safety. The preparations have been ongoing for a couple of months now, with great help from ChipSoft, making sure the process is as seamless as possible for nurses.
ChipSoft to include MedEye technology for bedside medication verification
Mint Solutions and ChipSoft have started a partnership to offer hospitals a new way to improve medication safety in hospitals. The two companies will work together to integrate MedEye technology from Mint Solutions into the ChipSoft's EHR system, making it easier than ever before for hospitals to enhance medication safety and implement bedside medication verification.
Users of ChipSoft's EHR solution will be able to use the MedEye technology for verifying the correct medication is being given to the patient, and automatically registering all relevant information. MedEye uses advanced computer vision technology and does not require medications to be provided with barcodes, which greatly simplifies implementation of this important medication safety procedure.
"This cooperation will make it possible for us to put the MedEye technology in the hands of more nurses. The ChipSoft EHR solution and MedEye fit perfectly together and will make it easier for hospitals to implement state of the art medication safety", says the CEO of Mint Solutions, Gauti Reynisson.
Hans Mulder, CEO of ChipSoft: “Patient Safety and medication safety is a number one priority and due to MedEye, nurses have an extra tool to verify the medication”.
Mint Solutions is a healthcare IT startup company, focused on developing solutions for enhancing medication safety processes in hospitals and other healthcare institutions. It's innovative technology, MedEye, provides hospitals with an new way to ensure medication safety by implementing bedside verification. MedEye does not require barcodes, thereby making the process easier and faster for nurses as well as simplifying implementation for hospitals.
ChipSoft is an innovative Dutch software company that has focused on providing ICT solutions for the healthcare sector ever since it was founded in 1986. As a PAS (Patient Administration System) and EHR (Electronic Health Record) supplier, ChipSoft has become market leader in the Netherlands. ChipSoft’s PAS / EMR is called HiX and is developed on the Microsoft.Net platform. Complete and flexible IT solutions, a high degree of configurability and overall user-friendliness are the cornerstones upon which ChipSoft has been automating healthcare organizations for over 25 years. In 2010, ChipSoft was named Microsoft innovation partner of the year in the healthcare sector.
MedEye solution presented at the EAHP congress in March 2012
Mint Solutions will present the MedEye Solution at the 2012 congress for the European Association of Hospital Pharmacists, EAHP.
The EAHP event is the leading European conference for medication safety. It takes place in Milan, Italy, on 21-23 March 2012.
Mint Solutions looks forward to this opportunity to present our groundbreaking new technology for bedside verification of medicine to hospital pharmacists in Europe.
We would be delighted to meet you at stand 01 at the conference. For more information, please contact Gauti Þór Reynisson at gauti@mintsolutions.eu.
Mint Solutions voted the "best exhibitor" at the DIPS-conference
Our MedEye solution was well received at the DIPS-conference in Sandefjord, Norway, this week. Visitors got to see the first glimpse of DIPS-MedEye integration and a short demo of what MedEye can do. At the closing ceremony, Tor Arne Viksjø, managing director of DIPS, announced Mint Solutions as the winner of the "best exhibitor" vote and presented the award to Gauti Reynisson, CEO Mint Solutions.