QMedic

Simple, smart medical alert service to support care at home

Boston MA

Technology Hardware Medical Device

70% of ER visits are avoidable.

6 to 1 cost savings for health plans using QMedic.

$4.6 Million in non-dilutive funding from the NIH.

100 BETA units sold out in 2015.

1,000 subscriptions prepaid for next version of the service.

70% margin/month.

2 multi-year regional Medicaid contracts; contracting with 3 private Medicaid health plans.

Wearable button with embedded sensing has over 2 years of battery life; no battery recharge required.