Series: Seed
Co-Investors: Amgen, Arizona Venture Development Fund, Greyhawk, Questa
Date of Investment: September 2023
Investment Amount: $1,000,000
Summary: Mindset Medical offers an intelligent virtual health platform that connects health providers to patients, allowing real-time monitoring and collection of physiological measurements and vitals without additional hardware or software.
Product offering: The company’s platform combines patient-reported health information with remotely collected physiological measurements along with other features such as vital signs observations in real-time without additional devices, enabling healthcare professionals to get a complete measure of the patient’s condition.
-
- Virtual health platform: Link remote patient monitoring, virtual health, order, and patient completion in a single platform and collect vitals using the patient’s smartphone. Patient is not required to download any additional applications; results are delivered via text message.
- Mindset completed its first clinical study for video-vitals remote heart rate monitoring without the need of additional hardware or software in December 2023. The company is now awaiting FDA approval.
- Mindset is actively pursuing a clinical study for video-vitals Respiration with intention to receive FDA approval.
- Mindset intends to enter into a clinical study for video-vitals Blood-Pressure in 2024 with intention to receive FDA approval.
- Focusing on integration into EHR to reduce contract lead time. Also, focusing on integration of camera based non-smartphone devices.
- Pursuing insurance CPT codes that would allow health systems to bill for remote physiological monitors.
Mindset Medical offers an intelligent virtual health platform that connects health providers to patients, allowing real-time monitoring and collection of physiological measurements and vitals without additional hardware or software.
