MedEye will be at VCD Healthtivity ’15
MedEye will be demonstrated on the VCD Healthtivity '15 at Burgers Zoo.
MedEye will be demonstrated on the VCD Healthtivity '15 at Burgers Zoo.
Mint Solutions is exhibiting at HiMSS in Chicago. Come by and see us at booth #8445.
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.
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..
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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.
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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.”
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Mint Solutions recent round of funding makes it the largest Series A coming out of a Startup Bootcamp accelerator. Article download available here
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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.
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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 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 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.
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
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 and ADRZ were the feature of a "korte inslag" in Omroep Zeeland tonight. Take a look.
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.