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

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news