• 2013 July 20

Company Description

MedAware Systems’ Personalized Clinical Decision Support system provides healthcare professionals and their patients immediate.

MedAware Systems’ Personalized Clinical Decision Support system provides healthcare professionals and their patients immediate and actionable information on medical treatments and outcomes. This new Scientific-Data-as-a-Service (SDaaS) solves the problem of making the vast and chaotic body of human clinical trials research instantly available and indispensable in developing the patient plan of care. Historically, the most current information on effective, evidence-based treatments typically takes ten years, or more, to bubble up into standards of medical practice. The cost of this in terms of patient outcome and dollars wasted is staggering. The monumental study conducted by Dr. Don Berwick and his research team estimated that incorrect or ineffective medical treatments cost the US over $350 Billion per year. Theirs is a competitively priced subscription model initially targeted for millions of healthcare professionals, and later, directly to hundreds of millions of their patients, who are driving 160 million medical searches per day on Google. With the rapidly accelerating transition to Value-based healthcare in the US, there is now significant incentive for physicians and medical organizations to increase efficiency and improve patient outcome, coupled with financial penalties for not achieving better outcomes. Their new data service is positioned to become the de facto standard for informing physicians on the most effective treatment for each individual patient they see – quickly (in under 45 seconds) and accurately. Subscribers are able to filter this vast amount of data to provide first-ever individualized treatment efficacy information based on a unique patient profile, i.e., age, sex, race, severity of the condition, co-morbidities, etc.