Medifies is now live with paying hospitals (and surgeons, nurses, patients and their loved ones) with a secure, HIPAA-compliant SaaS platform than enables healthcare providers to keep families in the loop as medical procedures progress, with pre-written messaging, giving families unprecedented peace of mind - especially during COVID - when all hospitals have a 'no visitor' policy.
This current lack of information is a familiar pain point; all of us have sat in hospital waiting rooms with no idea what is happening. Patients, hospitals, surgeons and families all want to see this problem solved. And now, in he time of COVID, hospitals have 'no visitor' policies, so family must simply drop off their loved ones and wait in their car or home for a phone call. That phone call is delayed because of the greatly increased call volume!
Medifies increases providers' revenues as well.
We have a subscription-based, SaaS B2B model that will also drive revenue from upsells of our other planned products (radiology, chemotherapy, dialysis, OB, elder care) and fees for setup, analytics, text, multiple language and 24/7 support. The platform is HIPAA-compliant and uses bank-grade security. We do not display any PHI or PII publicly, and the patient invites their family members, protecting those patients' privacy and the hospital's security. Medifies is simple and intuitive to use by both family members and healthcare staff.
Fun fact: The concept is from the Chief of Surgery at Sutter, a co-founder and investor who has known the CEO since 6th grade!
New hospital sales for 2020 go-live: 1 from a 64 hospital system, 2 Ascension (130 hospitals), 1 HCA headq. Cash flow positive after that.May, 2020
Developing COVID-specific product to help during pandemic. Automatic contact tracing.April, 2020
Accepted into Dreamit Ventures' Healthtech program in Philadelphia and NYC. They also set up meetings with an extensive customer network.September, 2019
Growing fast! Medifies has hired a new operations manager, 2 new territory sales directors and 2 customer success people in last month.June, 2019
Accepted into Jumpstart Foundry program in Nashville. Came with $150k investment from them. https://www.jsf.coMay, 2019
Live with first hospital. 3 year contract - 64 hospital and 450 surgicenter system.May, 2018
SaaS software sales expert, Joel Carabello joined the Medifies Board of Advisors and doubles down on investment.March, 2018
Texas Children's Hospital requested a Statement of Work to begin the contracting process for a Medifies Radiology product.February, 2018
First Revenue! Check for 1 year up front from a large hospital with a three-year sales contractFebruary, 2018
Completed Texas Medical Center Innovation Institute Accelerator (4th cohort, digital health)June, 2017
Version 1 of the Medifies Surgery platform releasedFebruary, 2017
Finished building MVPOctober, 2016