By Anuradha Shukla
Nov. 18, 2016
RingMD is driving patient care transformation in Asia by connecting doctors and patients around the world with their smartphones.
The company connects doctors with patients who own smartphones, so they can receive proper medical advice on their mobile devices.
This idea by the health tech start-up is simple to use. All users have to do is to sign up to the platform in order to facilitate consultations via video link.
All conditions which do not require a physical examination can be remotely diagnosed and treated.
"Being in the health space is especially challenging because a lot of these organizations have never used data to make decisions before," said Justin Fulcher, CEO of RingMD. "It has always been 'what feels right', which has a lot of merit to it, but at the same time if you can back up with what feels right with what is actually right, according to the data, you can make some incredibly huge transformations."
Informed decisions about health
A device worn on the wrists of patients transmits their pulse, blood pressure and other vital signs to their doctor in real time.
Doctors leverage this data to help patients make more informed decisions about their health.
RingMD earns a fee from doctors who wish to charge for their services. All data collected is held confidentially and provides insights on attitudes towards healthcare and the illnesses that may be ailing large populations.
By the end of 2016, RingMD expects to work with 100,000 healthcare providers, providing care for 15 million patients.
"Because we're tracking everything on the platform, we're able to chart it and show week over week what changes result in a positive outcome for a customer. And that's a great feeling. So, we make all this data, of course with patient privacy, top of mind, internally available to the company," added Fulcher.