Medecipher Solutions Joins MedTech Accelerator’s Third Cohort

The Mayo Clinic and ASU MedTech Accelerator, a flagship program of the Mayo Clinic and ASU Alliance for Health Care, launched their third cohort on March 28, 2022. Colorado’s Medecipher Solutions, has been selected as one of the eight participants.

The accelerator provides emerging companies with a multi-day immersive curriculum in health care entrepreneurship including: lectures and workshops with world-class scientific and engineering experts; resources to navigate regulatory pathways; and tools for product commercialization and customer acquisition. Additionally, participants attend mentoring, business development, and networking events.

Medecipher Solutions has developed a whole suite of EMR-integrated, real-time decision support tools to improve patient care and nurse retention by leveraging predictive analytics to proactively optimize clinical operations. This development was inspired by the misallocation of healthcare resources which have been proven to impact the quality of care offered to patients and the satisfaction of staff.

The solution is designed to introduce sophisticated operations research methods that intelligently sequence shifts to align personnel with patient demand while prioritizing preferences, avoiding unpredictable schedules, reducing burnout, and increasing satisfaction.

Working with the MedTech Accelerator, the company wants to scale their technology, addressing the challenges of nursing shortages with real-time and automated decision making technology across the nation.

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.

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