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MediShout wants to bring Amazon-like efficiency to hospital operations

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Summary

MediShout is a U.K. based startup that has developed a platform to help report operational deficiencies in hospitals. Founded by Dr. Ash Kalraiya in 2013 as a side-project, it has since raised £167,000 in angel funding and £5.4 million in seed funding. The platform unifies all help desks and medical suppliers in a single app and works to supplant incumbent tools like faxes, emails, paper forms, and help desk software. It also has AI features that can predict when medical equipment might break down. The platform is currently operational in the U.K. and Ireland, and is looking to expand to mainland Europe.

Q&As

What is MediShout's goal?
MediShout's goal is to bring Amazon-like efficiency to hospital operations.

How did MediShout raise money to become a full-time business?
MediShout raised £167,000 ($211,000) in angel funding, before closing a £1 million ($1.25 million) pre-seed round of funding from Episode 1 in September, 2020.

What problem does MediShout seek to solve?
MediShout seeks to supplant incumbent tools such as faxes, emails, paper forms and help desk software (e.g. ServiceNow) by aggregating suppliers, help desks and operational departments.

What are some of the features of MediShout?
The features of MediShout include unifying all help desks and medical suppliers within a single app, allowing staff to track status updates and new orders, and providing real-time messages and status updates from suppliers.

How is MediShout expanding its operations?
MediShout is expanding its operations by raising a further £4.3 million ($5.4 million) in seed funding and looking to expand further afield into mainland Europe.

AI Comments

👍 It's great to see innovative startups like MediShout stepping in to help the UK's struggling National Health Service. Their app is a great example of how technology can help streamline operations and improve patient care.

👎 While MediShout's app may be a useful tool for streamlining hospital operations, it is not a replacement for the chronically underfunded and understaffed NHS.

AI Discussion

Me: It's about MediShout, a London-based company that's trying to bring Amazon-like efficiency to hospital operations. They've raised a lot of money to build a platform that gives hospital staff an easier way to report operational deficiencies and track status updates.

Friend: That's really interesting. What implications does this have?

Me: Well, it could have a lot of positive implications for hospitals. It could help them become much more efficient by streamlining reporting processes, reducing paperwork, and cutting down waiting times. Additionally, it could help them predict when equipment is likely to break down and do preventive maintenance, which could save them a lot of money in the long run. Of course, it could also have some negative implications, such as a potential increase in costs and a risk of data security breaches.

Action items

Research other startups that are capitalizing on the U.K.’s struggling healthcare system.
Learn more about MediShout’s AI work in its R&D phase and how it can help predict when future issues may occur.
Explore how MediShout’s platform can be used to bridge services for hospitals and medical device and facilities management companies.

Technical terms

National Health Service (NHS): The National Health Service (NHS) is the publicly funded healthcare system in the United Kingdom.
Underfunding: Underfunding is the lack of sufficient resources to meet the needs of a particular program or activity.
Understaffing: Understaffing is the situation in which there are not enough employees to meet the demands of a particular job or organization.
Angel Funding: Angel funding is a type of private equity investment made by wealthy individuals or groups of investors.
Pre-Seed Round: A pre-seed round is a type of funding round that occurs before a seed round. It is typically used to finance the early stages of a startup.
CPO: CPO stands for Chief Product Officer, a senior executive responsible for the development and management of a company's products.
ECG (electrocardiography): Electrocardiography (ECG) is a medical test that measures the electrical activity of the heart.