myHealth Sentinel Attracts S$2.65m Working Capital Injection to Fuel Its Growth in Medical Device Connectivity Field
myHealth Sentinel Pte Ltd (mHS), a leader in the emerging field of medical device connectivity, announced today that it has received a S$2.65 million working capital injection from a group of private investors to fund its growing pipeline of new projects in 2014 and 2015.
Based in Singapore, myHealth Sentinel was recently selected by Jurong Health to implement a Medical Device Integration (MDI) solution for 2 new hospitals i.e. Ng Teng Fong General Hospital and Jurong Community Hospital. In addition, mHS has established partnerships with National University Hospital and the Frontier Health Group to deploy remote patient monitoring services to their chronic care outpatients. A collaboration with a major telco to launch an innovative new telehealth-based consumer wellness service is also being scheduled for launch in Q2 2014.
“This working capital injection brings the total amount of working capital raised to S$5.4M, which will enable us to substantially expand our project delivery and support capabilities to better serve our growing pool of MDI and Telehealth customers in Singapore and the SEA region,” said Mr. William Chew, Managing Director and co-founder of myHealth Sentinel.
About myHealth Sentinel:
myHealth Sentinel (mHS) a Singapore-based company, was formed in early 2011, to focus on providing networked-based solutions that aggregate, filter and integrate patient device data with Electronic Medical Record (EMR) systems.
mHS offers two industry-leading solutions which are essential to feed patient device data from across the healthcare ecosystem to the EMR’s:
“TeleMetrix+” (TM+) is the first cloud-based commercial Telehealth service in Singapore. TM+ is developed and owned by mHS
“iSirona” (now a division of “NantHealth”) is the #1 ranked Medical Device Integration solution for hospitals in the USA.
These two complementary solutions, combined with mHS’ networking and system integration expertise, uniquely position mHS at the forefront of the field of healthcare device data integration in Asia.
Recently mHS was recognized in the Singapore Excellence Awards 2013, for “Enabling Technology- Telehealth” by respected industry technology analysts “Frost and Sullivan”.
More details of mHS can be found at http://www.myhealthsentinel.com.