The 2015 MedTech Innovator competition has recently announced their coveted 4 finalists. The finalists will compete at the AdvaMed 2015 conference for $300,000 in prizes. One of the four finalists is MedAware, a unique approach to alerting providers to medication errors. EMR systems currently are set to alert physicians if they make common mistakes such as ordering duplicate medications, medications patients are allergic too, or high doses. The problem is that these alerts trigger so frequently that they are of little value and are often ignored. MedAware looks to solve this problem by utilizing a proprietary algorithm that continually trains itself to improve its effectiveness. MedAware tries to decrease the total number of alerts in addition to decreasing the number of “false alerts.” We had a chance to speak with Dr. Gidi Stein, CEO and co-founder of MedAware, to learn more about the technology.
Read more: MedGadget