LOCKEDBRANDS, LLC
Medical Equipment ManufacturingTexas, United States11-50 Employees
MedSure™ Systems, is an emerging medtech company that provides medication administration to cover the last mile of the remote monitoring value chain. Using smart technology and relational care - human factors, to connect doctor, patient, pharmacy and caregiver, MedSure™ guides patients’ medication adherence for vastly superior outcomes and reduced healthcare costs. Med adherence, how compliant patients are with their medication routine, is a multibillion-dollar problem associated with costs of $300B and 120,000 premature deaths a year, not to mention poor outcomes following expensive medical care. Fully 41 million Americans over 65 have two or more chronic diseases and need med management, and the number is growing by 10,000 every day. Against this backdrop, the average med-adherence rate is only 50%. MedSure Systems launched in June 2023, achieved First Revenue, thereby validating the Medicare and Medicare Advantage reimbursement based business model. The patients now using MedSure Systems services have been 99.9% compliant since launch.
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