MedMinder
NYC, Massachusetts, US
MedMinder is a healthcare technology company focused on medication management and adherence for elderly, polypharmacy, and chronically ill patients. They offer a fully integrated, end-to-end pharmacy and connected care solution. The company utilizes smart cellular pill dispensers to empower patients to live independently at home by simplifying medication management.
How We Help
Problem Statement
Patients, especially elderly, polypharmacy, and chronically ill individuals, struggle with medication adherence, leading to potential health complications, hospitalizations, and loss of independence.
Core Technology
Smart cellular pill dispensers (e.g., "Maya" and "Jon") that organize pills and provide reminders via visual cues, auditory alerts, text messages, and phone calls. These internet-connected dispensers allow remote monitoring of medication adherence by caregivers and collect data for physicians. The system also includes an app, companion smartwatch, and integrates with clinical systems for predictive modeling and care management.
Key Differentiators
Fully integrated pharmacy and connected care solution; reports high medication adherence rates (96%); offers user-friendly dispensers requiring no home internet or complex interfaces; provides comprehensive monitoring and support with real-time alerts; incorporates telemedicine and virtual care capabilities; focuses on empowering independent living; and utilizes data integration and analytics for predictive modeling and EMR integration.
Clinical Focus
Medication management and adherence for elderly, polypharmacy, chronically ill, and disabled patients, aiming to improve independent living and avoid hospitalization.
Target Customers
Elderly, polypharmacy patients, individuals with disabilities, the chronically ill, and organizations supporting individuals with autism. Direct customers also include health plans, home health agencies, provider organizations, and long-term care facilities.
Product Stage
Mature
Company Info
- Business Model
- MedMinder operates as a fully integrated, end-to-end pharmacy, medication adherence, and connected care solution. They work with health plans, home health agencies, provider organizations, long-term care facilities, and advocacy groups, providing pre-sorted medication trays and smart pill dispensers through a service revenue model, starting at $49.99 per month for the dispenser.
- Founded
- 2020
- Total Funding
- 97,700,000
- Website
- medminder.com
Categories
Disease Areas
Technologies
MedStartr Index Score
?What do you think of MedMinder?
A HUGE part of what early stage companies, and even late stage ones, need and get on MedStartr is honest feedback from actual patients, clinicians, hospital leaders and industry insiders. It is very easy to get tunnel vision as a founder. Please tell the team that runs this company what you think.