The impact of technology on healthcare is undeniable. From electronic medical records to mobile apps, the way healthcare professionals diagnose and treat patients has changed dramatically in recent years.
A study by Accenture found that 80% of physicians believe that digital health technologies will revolutionize patient care within the next five years. With so many new innovations available to both doctors and their patients, it’s important to consider how connected health solutions can improve outcomes and reduce costs for everyone involved.
MedM Inc. has just the right answers when it comes to the optimum utilization of connected health solutions. It is a global expert in connected health solutions space covering over 25% of the market and enabling data collection from hundreds of Health IoT devices, sensors, and wearables.
MedM has been recognized as the Most Flexible Health IoT Device RPM Software Provider, received The Bluetooth® Breakthrough Awards, and became the Winner of Skolkovo by Cisco I-PRIZE.
In the following interview, Kirill Filippov, the Founder of MedM shares a few details about the company’s journey so far, the current scenario of the HealthTech space, and his vision for the company’s future.
Please brief our audience about MedM, its mission, and the key aspects of its stronghold within the HealthTech niche.
MedM is unmatched in its ability to collect data from a multitude of consumer medical sensors and channel it into existing caregiver workflows. As of 2021, our software seamlessly integrates with over 550+ medical devices (and the list keeps constantly growing).
It is our mission to drive interoperability in the healthcare ecosystem, enabling connected health and improving the speed of information exchange between all parties involved. We address both the B2B and the B2C markets, offering software solutions to end-users, developers, and integrators, as well as caregivers.
Tell us more about the telehealth solutions that give your company a distinctive edge to stand out from the competition?
MedM is uniquely positioned at the center of the ecosystem: we work directly with end-users, with device manufacturers and distributors, and with RPM providers. From the consumer market, we learn which new features to introduce next in our consumer-facing apps.
We support our vendor partners in delivering the ultimate user experience to their clients while allowing the vendors to focus on what they do best – hardware. And to our RPM partners, we bring an expert understanding of the device market and also the flexibility of rolling out deployments in record times (months or even weeks) and with virtually any sensors they want.
As a seasoned business leader what is your opinion on the effects of the pandemic on the healthcare sector, and what were the challenges that your company came across?
The effects of Covid-19 are tragic. The pandemic is both straining Healthcare to the limit but also pushing it to adapt and change. We hope that the world comes out of it stronger, with healthcare turning more connected, efficient, and accessible.
With continuous development in technologies such as AI and ML, what is your prediction about the future of the telehealth solutions niche?
We at MedM believe that the abundance of medical data to analyze is at the bottom of progress in healthcare. For AI and ML to yield great results we need to start with plenty of reliable data from hundreds of millions and even billions of people. Users also want to exercise control over their medical data and make the call: decide if they want to share the data with researchers, just their doctor or family, or even keep it offline altogether.
What would be your advice to the entrepreneurs and healthcare enthusiasts aspiring to venture into telehealth?
I think that as an entrepreneur, healthcare enthusiasts aspiring to venture into telehealth need to know what problem they are solving. Believing that you can fix a problem empowers.
How do you envision scaling your company’s operations and offerings in 2022?
In 2022 MedM is set on acquiring dozens of new B2B customers and partners, as well as launching 3 new products, further enhancing the company’s central position in the ecosystem.
About the leader
MedM’s Founder Kirill Filippov has a background in electronics. Years ago, he had a dream of software being able to complement the new medical hardware that was beginning to be built and accessible to millions and millions of ordinary people. And with the ever-growing rate of Internet penetration, healthcare is changing.
To have their blood pressure or sugar measured, people used to have to go see a medical professional in person, but today, a dozen medical measurements can be accurately made in the home, and instantly shared with doctors or researchers automatically. Zero clicks involved!
With all this medical data being collected and analyzed, finally, humanity can go from curing diseases to preventing them. Kirill envisioned MedM as a company that can support humanity on this journey.
The MedM team is made up of brilliant software professionals. Its ‘troops’ are led by CEO Denis Khitrov, who has taken a few successful software products to market and has been in the Mobile App development business since Palm was still a thing.
URL – https://www.medm.com/