Medical Devices Company for Sale in Naperville, United States

Remote monitoring software platform with streaming ECG app, wireless ECG device, cloud, and medical reports.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Medical Software + 1 more
Locations
Local Time
8:46 PM United States
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 130 thousand (Native Currency: USD 130,000)
Reason: Promoter wants to free up time to work on another venture.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Company in Illinois specializing in developing software and mobile app in the field of health and wellness.

- Our team has created remote monitoring solutions for cardiac monitoring of rhythms, arrhythmias, and EKG telemetry.

- The platform comes with a mobile app that connects to an ECG device via Bluetooth BLE and processes the signal before storing to the ECG stream, ECG videos, cardiac metrics, and PDF reports to the cloud.

- The platform currently supports a CE grade single channel EKG device. This can be expanded to a 3 channel or 6 lead ECG. Given the integration is at the chip level, the device can be redesigned to various forms, including wearables. Some designs and CAD drawings can be made available for an additional fee.

- ECG is clinical quality and the software has already been used in multiple research projects.

- Software for remote monitoring is ready to launch and can be brought to market quickly. Note that this can be sold in Europe through a CE certification and in the US it will only need a 510K pre-market notification (not FDA)

- Customer segments would be cardiac patients, hospitals, assisted living centres, research labs, or pharma companies.

- Revenue would be generated from paid services and device sales.

- The owner of the business has over 15 years of experience in healthcare technology and hi-tech space, especially with building IoT, cloud, and AI software solutions.

- Business does not have any physical assets.

The buyer would get the mobile app, iOS and Android source code, iOS and Android SDKs, developers portal, cloud platform, test devices, list of suppliers, and all versions of the software code with version control.

Ideally, the buyer would like to sell the software platform (as an asset sale) to the buyer rather than the legal entity and the company. He is open to discussing this further.

Products & Services Overview

- Cardiac remote monitoring and streaming mobile app that connects wirelessly to a single-lead EKG through Bluetooth BLE (note that this solution can be expanded to support 6 lead EKGs)

- Serverless cloud storage that minimizes infrastructure overheads and has low to no maintenance.

- Data sets and streams for analytics, anomaly detection, and research.

- In-built machine learning algorithms that detect health and wellness metrics such as stress, mood, respiratory rate, and A-fib. Advanced algorithms for A-fib available.

- Clinical quality ECG reports stored in PDF and supporting email service for sending the reports.

- There is also a demo for a mobile telemetry application.

Facilities Overview
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more