Medical Software Businesses for Sale in Naperville

Company in Illinois specializes in incubating innovative technology companies in the field of health and wellness with an emphasis on applications of artificial intelligence and patient centricity. The owner of the business has over 16 years of experience in healthcare technology and hi-tech space, especially with building IoT, cloud, and AI software solutions. The 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 a single-channel ECG device via Bluetooth BLE and processes it for real-time ECG streaming, ECG videos, cardiac reporting, and storing the data to the cloud. The platform currently supports two devices: An FDA cleared single channel EKG patch and a CE grade single channel EKG device. Note that the company does not manufacture devices. The platform was designed to integrate with multiple devices. ECG is clinical quality and the software has already been used in multiple research projects. Software for remote monitoring and telemetry can be brought to market quickly. Note that this platform can be sold globally through CE and FDA cleared devices. Customer segments would be cardiac patients, cardiologists, hospitals, assisted living centers, research labs, or pharma companies. Specific use cases include continuous cardiac monitoring, post-procedure arrhythmia monitoring, sleep studies, and clinical research. Revenue would be generated from paid services and device sales. CPT codes for reimbursements available on request (for the US only). The business does not have any physical assets. Ideally, the seller would like to license the software platform to the buyer. He is open to discussing alternatives such as partnership contracts, asset-sale, etc. In the case of an acquisition, 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.