Ithaca, NY, April 14th, 2016 – A judging panel of entrepreneur, venture capital and angel investors selected S.A.L.T., a medical diagnostic technology that a patient uses at home to monitor his/her 24-hour sodium levels in urine, and Twiage, a novel prehospital communication and ambulance triage solution that accelerates life-saving emergency care, as the two top place winners of the 2016 Cornell Venture Challenge.
John Hui, Twiage’s Head of Business Development, gave Twiage’s winning pitch, “Believe it or not, we are in the 21st Century, but radios are still the current standard of communication between ambulances and the emergency room.” Hui illustrated how paramedics and EMTs can use Twiage to capture patient vital signs and demographic information via photos and videos, so hospital emergency departments can improve preparedness for incoming patients in ambulances.
Designed to reduce the reliance on antiquated radio communication, Twiage is a comprehensive, interoperable prehospital communication system that delivers real-time situational awareness of incoming ambulances to busy emergency departments. Paramedics and EMTs can use Twiage’s HIPAA-compliant smartphone app to capture stroke symptoms in video, EKGs for heart attacks, trauma scenes through photos, and record digital voice memos. By providing live patient data and GPS-tracked ETA for all incoming ambulances, Twiage helps hospitals accelerate treatments for strokes, heart attacks, and other critical emergencies, while improving performance measures, patient outcomes, referral relationships, and reducing costs due to delays in treatment.
Hosted annually by BR Venture Fund during the Cornell Entrepreneurship Celebration, the Cornell Venture Challenge (CVC) is Cornell University’s prestigious business plan competition open to entrepreneurs from the Cornell community and New York State. There were approximately 40 applicants that entered this year’s competition. During the event, five finalists got a chance to pitch innovative and disruptive business ideas to a panel of professional investors and entrepreneurs. The total cash and other prizes this year valued more than $75,000.
Twiage has developed a comprehensive, interoperable prehospital notification system that accelerates life-saving emergency care by reducing the need for radio communication and delivering real-time situational awareness of incoming ambulances to busy Emergency Departments. By providing live patient data and GPS-tracked ETA for all incoming ambulances, Twiage helps hospitals and EMS agencies efficiently manage throughput and prehospital coordination, while improving performance measures, patient outcomes, and reducing costs. For more information, please visit http://www.twiagemed.com.