Predictive Health Monitoring LLC (PredictiveHM™) is a leading medical device/service company in the critically important emerging market for early-detection health monitoring products and services. PredictiveHM has proprietary technology (Presymtec™) to detect infections in monitored individuals before they are aware of an illness, permitting early, much less expensive medical intervention and/or reducing exposures that would infect broader populations. PredictiveHM offers the potential to drastically reduce medical costs, which is greatly desired by both private insurers and government health plans. Concurrently, the monitored patients are spared the distress, imposition, and their share of the costs for emergency room visits or hospital stays.
The Need
United States health expenditures are projected to reach $3.1 trillion in 2012, having grown at an average annual rate of 7.3 percent during the forecast period 2002-2012. Infectious disease is a major contributor to emergency room visits and hospitalization costs. Healthcare costs attributed to infectious disease treatment have been increasing. Individuals living in congested, high-population areas and those whose immune systems are compromised (patients living in nursing homes or COPD patients) are particularly susceptible.
The Solution
If clinicians could detect the presence of an infection before it produces symptoms such as a fever, the cost of treatment, rapidity of recovery, and the spread of infection to others could be significantly reduced. That can be achieved through early detection using Presymtec™ technology.
