New Jersey Patent of the Month – March 2023

With a growing population and limited resources, hospitals and healthcare personnel are often faced with tough decisions. In fact, it often comes down to an all or nothing approach – the patient is admitted or discharged. Doctors are forced to choose to give “all” because the only alternative is to give “nothing”. Ross Medical Corp. is focused on developing the services and platform to give the “in-between” care. They believe there must be a solution for those who don’t need all, but certainly need more than nothing. 

Recently, the company has patented their patient emergency response system. This system allows patients to be monitored remotely, wirelessly transmitting physiologic data to a remote server. This data is then analyzed to determine if a medical event is occurring, and if so, where the patient is located and which treatment facility is best suited to handle the patient’s specific needs.

One key aspect of Ross Medical’s system is the use of a phone located remotely from the patient, which is programmed to generate an updated automatic location identification database record for the phone based on the patient’s location. This means that if the patient is unconscious or unable to communicate, the system can still accurately determine their location and dispatch emergency personnel to that location.

The emergency services server is programmed to determine a patient location based on preliminary patient location information and any historical database patient identity information. This information is then compared against facility data (e.g. location, what services are offered etc.). This allows the system to quickly determine the patient’s location and which treatment facility is best suited to handle the patient’s specific needs.

Ross Medical Corporation’s patient emergency response system is an innovative solution to a pressing healthcare challenge. By combining wireless physiologic monitoring with accurate location identification and treatment facility databases, the system can ensure that patients receive appropriate care in a timely manner, while minimizing hospital stays and healthcare costs. Remote treatment and monitoring proves that the hospital walls aren’t necessary.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Recent Posts