When people talk about the country of Israel, the key words in their minds are often war-torn, shrouded in religious mystery, Jews, etc. But it is such a country that has a great spirit of innovation and is exceptionally prosperous. The scientific research won the title of "Second Silicon Valley".
The country with a population of only 8 million has the highest R&D and per capita medical device patents in the world. The research in the life sciences is half of the national scientific research, and the rapid development provides a quarter of the world's biotechnology solutions.
Every year, Fast Company publishes a list of innovative companies, which will also list Israel's most innovative companies on the list. There are still three companies in the health care sector on the list this year.
1, Earlysense: patient remote monitoring
EarlySense's Patient Monitoring System The EarlySense system is based on powerful sensors that don't touch the patient's body. They only need to be placed under the mattress to track and detect the patient's heart, breathing, sleep and exercise, and have the ability to send alerts to the nurse station. It can be widely used in hospitals, clinics and nursing homes. This innovative patient continuous monitoring system not only effectively reduces the chance of a patient falling, but also prevents the production of acne and reduces medical expenses.
The central display station (CDS) at the nurse station helps the on-duty nurse keep on monitoring the patient's condition.
The US Centers for Disease Control and Prevention pointed out that there are 1.5 million falls every year in nursing homes in the United States, and according to EarlySense's estimates, their system has prevented the death of 500 patients, helping the hospital to fracture and injury caused by falls and sleep. More than $30 million in spending on acne caused by discomfort. The company's sensors monitored more than 100,000 patients in 2016 and were put into use in 60 hospitals and nursing homes, including the US Veterans Hospital. Currently, the home version of the system (EarlySense InSight system) is also available.
EarlySense InSight system for home applications
Since its inception in 2004, the company has gone through eight rounds of financing, with a total of $106 million in funding.
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