MyPlace Wellness is a clinician-prescribed telemedicine service being developed to support and guide people recovering from a health event or living with ongoing health conditions. Our new systems will also save insurance companies billions in annual costs. This new technology will be designed to he…
MyPlace Wellness is a clinician-prescribed telemedicine service being developed to support and guide people recovering from a health event or living with ongoing health conditions. Our new systems will also save insurance companies billions in annual costs. This new technology will be designed to help to produce better outcomes for patients. Additionally, we are working to build a technology system and content library that will help reduce recurrence of health issues and their associated cost. This new technology and prescription based service will also directly address challenges within the current market: i.e.:
1) Slow or No patient recovery caused by low participation in current therapies/medication regimen. 2) Lack of patient accountability and monitoring with current practices. 3) Improve patient participation by reducing the number of therapy office visits, optimize recovery time and provide a more entertaining/engaging therapeutic process. 4) Creation of a new tool that healthcare professionals may use to manage larger patient loads, extend patient contact through telemedicine and monitor patient participation/outcomes more efficiently. 5) Provide a new telemedicine tool to healthcare providers that will enable them to increase their potential “bonus” income under outcome based healthcare system changes that are evolving in the marketplace today.
Our first product line focuses on internet-based outpatient cardiac rehabilitation (IOCR). Within the U.S. Market, 83M adults currently live with one or more types of cardiovascular disease. 2M new patients each year are eligible for cardiac rehab after an acute myocardial infarction or coronary revascularization. 38% of those 2M new patients participate in a cardiac rehabilitation program leaving 62% with an unmet need. This prospective United States customer base translates into 2M new post cardiac event users annually plus 8.3 million existing preventive care patients. Extrapolated for the global population (7 billion persons), and multiplied by only 25% as many cardiovascular disease patients as in the U.S., estimated global patients per year could exceed 100X U.S. market.
Team (1)
Sectors My Place Wellness serves:
Health Care
Technology
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