Manufacturer of Smart Medical Chairs and Cabins with Strong Traction Seeking Investor

Category: Medical Devices & Manufacturers
Listing ID: XYMF1H
Company Overview

PRIME exits and American HealthCare Capital are pleased to exclusively present an opportunity to invest in a manufacturer of smart medical chairs and cabins. The Company was established in December 2020. and builds and manufactures modular Smart Clinic Cabins and portable Smart Clinic Chairs. In both clinics, patients can access healthcare providers via tele-triage technology. The Company was issued four patents, plus one is pending, providing unique competitive advantages. Equipped with eleven FDA approved devices and their telediagnosis capabilities, patients without acute care conditions can visit any conveniently located Smart Clinic, and providers can remotely monitor and treat their patients. With the ability to connect via satellite, the Smart Clinics democratize access to care anywhere by allowing patients to have 24/7 access, and the cost to set them up and operate them is a fraction of the cost of brick-and-mortar clinics.

The Traction

Telemedicine companies have done a phenomenal job in reducing barriers to access and making it more affordable. However, comprehensive continuity of care and patient engagement remains a big challenge for many organizations. Patients are generally worried about the cost of follow-up visits, the time it takes to visit a physician, and wanting to avoid crowded waiting rooms that expose them to other sick patients. Additionally, clinics face unique challenges, such as recruiting staff who wish not to be bound to regular clinic hours or directly exposed to the sick.

The Solution

The Company\’s multi-patented products are designed to be placed in convenient locations such as malls, grocery stores, pharmacies, universities, airports, train stations, corporate campuses, truck stops, senior living homes, etc., where patients can visit on their own time and schedule, to connect with providers allowing doctors to monitor, utilizing built-in medical diagnostic tools and remotely triage and treat them. There is no need for medical personnel alongside the patient, and the cabins automatically self-sanitize after every patient visit. Patients served by their combined care management and clinic platform can reduce travel for outpatient services by up to 75%, receive treatment sooner at lower costs, and live healthier lives.

The Monetization Model

Rental Fee: The Company expects to rent each Smart Clinic Chair for $2,000 per month and each Smart Clinic Cabin at a rate of $4,000 per month.