Totaling $65 billion in the United States and Canada, healthcare monitoring is a rapidly emerging business sector. The marriage of technology and quality patient care is allowing precise monitoring capabilities in both hospitals and for patients residing in patients at homes or within a preferred long-term care facility. Yet, another lesser known, but no less important aspect of healthcare monitoring is asset tracking.
In modern healthcare, technology removes communication barriers and automates daily manual tasks, allowing healthcare professionals the ability to communicate with their team, patients and family better, and to focus more attentively on managing the health of their patients. Operational inefficiency, such as nurses being unable to quickly and efficiently locate and track medical equipment, has created an urgent demand within the healthcare sector for tracking solutions. Moseda Technologies Inc (TSX-V: MSD), a developer of innovative software applications specifically designed as secure mobile healthcare solutions, is positioned to allow clients to efficiently and effectively manage a growing list of assets with a new global hardware partnership.
Moseda Technologies has selected Kontakt.io, one of the top manufacturers of beacon technology, as a hardware partner in order to provide Bluetooth asset tracking for the healthcare industry. "After careful review of multiple beacon manufacturers, we selected Kontakt.io for their long range, tough hardware and proven success in the market," said Nick Murray, CEO of Moseda. "We are committed to serving our clients with state-of-the-art software and hardware, which is why it was important to select a partner that has a proven track record of quality and innovation in the market."
Founded in 2013 as a solution to help the visually impaired navigate public spaces, Kontakt.io today is a leading global provider of beacon hardware and software services for all mobile platforms with over 14,000 customers in over 100 countries all around the world. "We are thrilled to be working with Moseda to provide effective, real-time asset management to help reduce costly operational inefficiencies within the health care industry," said Szymon Niemczura, CEO of Kontakt.io
Along with the issue of medical professionals finding and tracking necessary equipment and personnel, it is estimated that equipment and supply theft costs US hospitals $4,000 per bed each year. From wheelchairs and medical equipment, to vehicles and personnel, this breakthrough partnership will fill the void of a costly industry issue. "We have seen a high demand in the healthcare space for medical asset tracking solutions," said Murray. According to a survey, "more than one-third of nurses spend at least an hour finding items of equipment during an average hospital shift, while, on average, a further hour is spent helping other wards locate items."
Focused on the elderly market and chronic care management, Moseda Technologies builds and maintains mobile secure data solutions for health care that allows patients to be monitored remotely. Offering traditional vital monitoring, such as blood pressures and heart rate, and advanced monitoring solutions that can can monitor subtler, yet critical changes, like how thin one’s blood for chronic conditions such as stroke, the company’s solutions are used by doctors and nurses throughout North America.
With customers currently in Canada and the US, and expansion through partnerships with strategic players in the market like Kontakt.io, Moseda Technologies is furthering their position as a competitor in a burgeoning market.
For more information about Moseda Technologies, visit www.moseda.com.
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