The startup develops laser-phototherapy devices and a healthcare technology platform for tracking and monitoring medical supplies and devices, along with clinical record-keeping. This solution enables healthcare providers to efficiently manage inventory and maintain accurate records, addressing the challenges of supply chain visibility and compliance in the medical industry.
Funding
$500K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Hospitals and medical facilities face challenges in efficiently managing medical supplies, tracking inventory in real-time, and maintaining accurate clinical records, leading to potential supply shortages, increased costs, and compliance issues. Traditional methods often rely on manual processes, resulting in errors and inefficiencies in the supply chain.
Solution
MedSolution offers a suite of healthcare technology solutions, including Track-IA, CathReport, Track-IA Consignment, and Track-IA Inventory, designed to streamline hospital operations through real-time tracking and management of medical supplies and devices. The Track-IA platform provides end-to-end traceability of medical supplies from procurement to patient use, integrating with existing ERP systems for seamless data flow. CathReport is a specialized system for managing cardiovascular labs, offering comprehensive clinical record-keeping and standardized reporting. Track-IA Consignment enables suppliers to manage consigned inventory within hospitals, optimizing stock levels and automating billing processes. Track-IA Inventory facilitates rapid inventory counts using smartphones, ensuring accurate stock levels across the facility.
Target Audience
The primary target audience includes hospitals, cardiology labs, medical facilities, and medical supply providers seeking to optimize inventory management, ensure regulatory compliance, and improve operational efficiency.
Features
- End-to-end traceability of medical supplies, tracking quantity, expiration dates, lot numbers, and suppliers
- Real-time stock control with alerts for proactive replenishment
- Integration with hospital ERP systems for streamlined data flow
- Automated report generation for management, traceability, and cost analysis
- Web-based platform accessible from any browser with secure credentials
- Role-based access control for data security and compliance
- Mobile app for inventory management with barcode and QR code scanning
- Digital management of receiving guides to improve visibility and prevent loss of documentation
- Management of consignment inventory, enabling suppliers to manage consigned warehouses, receive alerts, expedite billing, and estimate future consumption
- Software Factory service for developing high-availability technology solutions, with expertise in performance, traceability and security