LucidAct - Batch 25 Demo Day
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Lucidact is an AI assistant for nurses and case managers to help them know what to do faster and eliminate errors
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LucidAct - Batch 25 Demo Day
- 1. for Chronic Care Management Cheong Ang Co-founder, LucidAct info@lucidact.com AI Assistant
- 2. 2 Launched 8 months ago 100 Nurses 30K Patients 100% Trial Paying
- 3. 3
- 4. 4
- 7. 7
- 8. 8
- 9. 9
- 10. 10 5xPatients $44 $98 Per PATIENT Per MONTH Add-On Service:
- 11. Medium to Large Health Care Customers 11
- 12. 12 $111BMarket
- 13. 13 Cheong Ang CTO, Co-Founder Grace Chen CEO, Co-Founder USS Uppuluri VP Engr, Co-Founder Sridhar Gudimela Engineer Victor Fang Data Scientist
Editor's Notes
- Hi, I am Cheong, cofounder of LucidAct. We launched our AI Assistant for Chronic Care Management 8 months ago.
- Today it is helping 100 nurses manage over 30,000 patients, and converted 100% of our trials to paying customers.
- Medicare is paying for Chronic Care Management, but hospitals and clinics,
- and their Electronic Medical Record systems are not equipped to handle long-term Chronic Care activities.
- I worked with nurse Mary who had to manually track patient statuses, and stay after hours to figure out what to do for her patients next.
- Yet avoidable hospitalizations and deaths still happened.
- Now Mary can easily pull up the patients to focus on,
- prevent patients from falling thru the crack via smart notifications,
- and save time with task automation.
- In fact Mary and team are managing 5x the patients they used to, and even rolled out Remote Patient Monitoring in LucidAct, effectively more than doubling their revenues.
- Mary and team are not alone, here’re others we have engaged with, including XXX Hospital.
- And here’s more: it’s a $111B market, going after it is
- a team of industry veterans. Grace led team to accelerate time to treatment at Stanford Cancer Center. I co-invented patented technologies licensed to Microsoft, Adobe, and the like at UCSF Health.
- Aging population, and availability of insurance dollars are fueling the global momentum of Chronic Care Management. We are leading with a unique and effective solution. Please join us! Thank you!