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    Date submitted
  • 28-Sep-2018

AdviNow Medical

Abstract

AdviNow Medical (ANM) completely automates the patient encounter. Artificial intelligence (AI) and augmented reality (AR) powered automation reduce provider time per patient, improve outcomes and increase patient satisfaction while maintaining personal provider - patient interaction.

The patient, without human assistance, naturally and easily engages with an AI from the beginning to the end of the medical encounter process which takes less than 10 minutes. The AI guides the patient using AR to take precision medical measurements (temperature, BP, blood oxygen, weight, ear, nose, throat images and chest, lung and abdomen sounds), and asks follow-up questions until all information for a clinical differential diagnosis is complete.

The AI then delivers a complete patient workup with a breakdown of predicted illnesses and treatment options to the provider. The provider efficiently views the predictions, reviewing the exact logic behind each illness to confirm with the patient.

Efficient and accurate diagnosis and treatment is realized in less than 2 minutes of provider time. The complete visit is auto-charted and scribed in the EHR of choice. The AI completes the orders and billing.

The result of the AI enabled clinic is increased patient throughput, increase patient satisfaction, assured consistency of care, reduced wait times and increased profitability.

Video

Original Vimeo URL: Open

Introduction Video

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Additional Questions

Who is your customer?

With 31 billion medical visits worldwide, the opportunity for automated medical visits swells to over $300B at $10/visit. The intelligence of the ANM system creates strong demand across all segments of the medical visit market, but the challenges of the US urgent care (UC) market drive opportunity for fast adoption and revenue ramp. This narrows the initial target market to US based Clinics with 160M visits or $1.6 Billion potential in 2018.

What problem does this idea/product solve or what market need does it serve?

Healthcare costs and limited access have reached critical levels. The patients first point of care, the Primary and Urgent Care Clinics profitability has dropped to near zero. Many patients have limited to no access to low cost preventative high quality acute care.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

With ANM AI, all clinics see improved profitability with the biggest impact in retail clinics. The profit per patient for ANM Telemedicine retail solution is as high as $50 compared with $5 for existing stand-alone clinics and $30 for an ANM enabled stand-alone clinic. THe patient will see a dramatic reduction in wait time enabling efficient scaling of the practice.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

AdviNow Medical has a seasoned team of AI and AR experts that will execute the technology vision. The ANM team has a seasoned board of directors, advisors and managment team that are deeply connected to health systems, retail outlets and stand alone urgent care chains.