InvisALERT Solutions has raised more than 600k for a 2nd generation wearable-based patient monitoring platform to improve safety for psychiatric inpatients

Behavioral health has been a growing area of interest for digital health. But most companies have avoided clinical settings, particularly psychiatric hospitals.

Philadelphia company InvisALERT Solutions is developing a workflow tool using a wearable-based patient monitoring platform to improve safety for psychiatric inpatients.

In an interview, InvisALERT CEO Peter Nagy said the idea is to avoid patient falls, self-harm, and assaults. The standard of care for psychiatric units in hospitals is bed checks every 15 minutes, but staff tends to keep records using a pencil and clipboard. InvisALERT seeks to give a digital upgrade to psychiatric hospitals with a mobile monitoring system. The system is also designed to reduce medical costs of treating this patient population when things go wrong.

“I have spent a lot of time with psychiatric facilities and they care about their patients but they don’t have the tools t0 support their jobs,” Nagy said.

Nagy founded InvisALERT in 2014. But since the business joined the University City Science Center’s Digital Health Accelerator last year, Nagy said the company has developed a second generation of the wearable patients use and has raised more than $600,000 from investors. He noted that among InvisAlert’s priorities are ramp up market penetration and drive adoption.

Read the full article here.

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