Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Medtech Global clinical trial of telehealth technology

Medtech Global gains further funding for clinical trial of telehealth technology

Auckland, June 24 2014 - Medtech Global has gained a further funding grant of just over $1.6 million to progress with the Australian-based clinical trial of its VitelMed telehealth technology for the remote monitoring of chronic heart failure (CHF) patients.

The Victorian Government’s grant (A$1.5m) will enable Medtech to take VitelMed to the validation stage of the Health Market Validation Program (Health MVP) in Victoria.

The Health MVP is an A$15 million Victorian Government program to promote demand-driven innovation in Victoria's healthcare system. The Health MVP uses an international best practice model for targeting innovative technology to improve healthcare service delivery.

The Health MVP partners Victorian health agencies with innovative small-to-medium enterprises (SMEs). Together, SMEs and health agencies work to improve health service delivery by developing new, market-ready technology. Medtech’s Australian base is in South Melbourne.

The funding announcement follows the assessment and approval of Medtech’s recent feasibility study conducted with MEPACS, a service unit of Peninsula Health based in Victoria. Medtech will partner with Peninsula Health to develop a remote monitoring system for chronic heart failure patients to automatically report personal health data to their health service via the internet or portable smart devices.

Medtech chief executive Vino Ramayah says the validation stage will investigate a method of remote monitoring for CHF patients to automatically report (in real time) personal health data to clinicians, via the internet or portable smart devices.

“This will enable CHF patients to remain in their home for longer and reduce periods of hospitalisation,” explains Mr Ramayah. “It will also enable access to healthcare through teleheath.

“This project will provide a proving ground for reducing the cost of healthcare for CHF patients particularly in Victoria but also worldwide. The VitelMed technology solution used for this CHF telehealth will be useful for the management of other chronic diseases in future.”

Mr Ramayah says the VitelMed CHF solution is able to bridge the gap between primary and secondary healthcare by maintaining a continuum of care using universal technology.

Mr Rama Kumble, Medtech’s chief technology officer, says the key innovation of the VitelMed cloud-based technology is in enabling clinicians to provide targeted care at the point of need; providing the right care at the right time.

“Using commercially-available, popular medical devices, tablets and mobile phones has made our solution affordable and commercially sustainable. The technology enables patients’ involvement in self-care with a simple user interface,” says Mr Kumble.

Medtech is known for its innovation in many areas including practice management solutions, patient portals, shared electronic health records (www.medtechglobal.com) and telehealth.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news