The COVID-19 pandemic has flooded hospitals around the world with large numbers of patients, making it difficult for most countries to catch up.News of equipment and bed shortages was expected, but London-based medtech startup Doccla The technology was used to help British people get hospital beds. Basically, startups set up virtual wards at home for patients who need to be monitored but not kept in the hospital. We are currently raising £ 2.4m in a seed round.
Expansion and innovation
Doccla’s latest funding round was led by Giant Ventures and early-stage technology VC Speedinvest. In a conversation with UKTN, the company’s CEO and co-founder, Dag Larsson, reveals how the money will be used. He states that the new funds will be used primarily to further upgrade and innovate the technology used by startups, and that the card will also have expansions in Europe.
“We are using new funding to invest in technologies such as predictive analytics tools and integration with the latest medical wearables and journal recording systems to provide clinical capabilities to support NHS Trust staffing, especially overtime. We plan to expand, and we are also looking to expand into new European healthcare markets, ”Larson said.
Cameron McLain, Managing Partner and Co-Founder of Giant Ventures, commented: This has the potential to transform the traditional healthcare industry. We are pleased to support Martin, Doug and the team on this exciting journey. “
Doccla currently employs 15 people and plans to increase it to 30 by next year.
Rethinking hospital care
Doclla works directly with NHS Trusts to enable better patient care and reduce the pressure faced by NHS teams. Set up a virtual ward using a remote medical monitoring solution, such as a wearable IoT device, to allow clinicians to remotely monitor patient vital signs via a web browser. Larson said: “Our uniqueness lies in our ability to take on a wide range of virtual ward operational responsibilities end-to-end, which allows clinical staff to focus on the treatment and monitoring of patients, which is the most important part of their work. . “
The startup issues a Doccla kit box to the patient when the patient leaves the hospital or sends it to the patient’s address. “The kit includes a wide range of best-in-class medical technologies that can measure physiological parameters such as heart rate, respiration rate, temperature, sp02, and blood pressure,” says Larsson.
Doccla’s virtual ward is said to have saved thousands of days on the NHS’s bedtime. It also helped reduce emergency hospitalizations by 29% and A & E attendance by 20%. Virtual ward technology at home also helps reduce NHS costs.
Doccla, pandemics and challenges
According to Doccla, the pandemic has allowed the virtual ward to expand rapidly, not only servicing overwhelming hospitals, but also recovering patients, chronic respiratory and cardiac patients. According to Larsson, the biggest challenge the company faced was building products in the face of high demand.
“When the pandemic broke out, we moved forward in the most unexpected way. Our small team supported an overwhelming hospital while conducting a research project in parallel with the Northamptonshire General Hospital NHS Trust. We found that we needed to quickly set up a virtual Covid ward to do this. We packed the Doccla kitbox at high speed to meet the demands of our NHS partners, “Larsson reveals.
After overcoming the pandemic, the company now has more than 20 different clinical pathways to support a wide range of patient groups, including pre- and post-operative procedures.
Doccla is certainly pushing for the latest funding and futuristic ambitions, but we still don’t know what will happen in the future. Larson believes that virtual hospitals will only witness an increase in demand over time. “We find that virtual hospitals have been scaled up to reduce pressure on the medical system when time is tight. The NHS always has a waiting list, reducing patient time in the hospital and reducing patient time. It helps to free the bed, “he says. ..
“The technologies we use will also advance. IoT, predictive technology and automation will all further inspire medtech in this area,” Larsson concludes.
London-based medtech Doccla will fund £ 2.4m in its virtual ward to support the NHS.
Source link London-based medtech Doccla will fund £ 2.4m in its virtual ward to support the NHS.