LucidAct - Batch 25 Demo Day

Editor's Notes

• #2 Hi, I am Cheong, cofounder of LucidAct. We launched our AI Assistant for Chronic Care Management 8 months ago.
• #3 Today it is helping 100 nurses manage over 30,000 patients, and converted 100% of our trials to paying customers.
• #4 Medicare is paying for Chronic Care Management, but hospitals and clinics,
• #5 and their Electronic Medical Record systems are not equipped to handle long-term Chronic Care activities.
• #6 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.
• #7 Yet avoidable hospitalizations and deaths still happened.
• #8 Now Mary can easily pull up the patients to focus on,
• #9 prevent patients from falling thru the crack via smart notifications,
• #10 and save time with task automation.
• #11 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.
• #12 Mary and team are not alone, here’re others we have engaged with, including XXX Hospital.
• #13 And here’s more: it’s a $111B market, going after it is
• #14 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.
• #15 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!