MedAware

MedAware utilizes big data analytics and machine learning to transform data into actionable clinical knowledge to eliminate prescription errors.

  • Stage Full Product Ready
  • Industry Healthcare Services
  • Location Raänana, Israel
  • Currency USD
  • Founded May 2012
  • Employees 23
  • Incorporation Type Not Incorporated
  • Website medaware.com

Company Summary

Each year, hundreds of thousands of Americans are injured or fatally harmed by adverse drug events (ADEs) and erroneous prescriptions. MedAware’s medication surveillance technology identifies ADEs and eradicates catastrophic medication errors by applying advanced machine-learning algorithms, and outlier detection mechanisms similar to fraud detection solutions in use by financial institutions worldwide. By continuously mining data gathered via millions of electronic health records, the software is able to accurately flag potentially life-threatening prescriptions that are in conflict with the profile of the patient, physician, or institution. In addition, MedAware actively monitors each patient to identify and warn of situations in which changes in a patient’s diagnostic results renders one of his/her active medications a dangerous outlier. These difficult or nearly impossible to anticipate errors would otherwise go undetected by current rule-based solutions. The company’s unique, real-time approach to identifying ADEs and preventing medication errors saves lives, improves patient safety and outcomes, and significantly reduces avoidable risks and costs. For more information, please visit www.medaware.com.

Team

  • Co-Founder and CEO

    Gidi has more than 20 years of experience in the IT industry, serving as CTO and Chief Architect of several algorithm-rich startups. In 2002, Gidi graduated from Tel Aviv University's Medical School and later served as deputy head of the Internal Medicine Ward at Rabin Medical Center. In 2012, Gidi received a PhD in computational biology from Tel Aviv University, where he teaches clinical medicine and molecular imaging.

  • Tuvik Beker
    Co-Founder and Executive Chairman

    Tuvik has 15 years of experience in the IT industry. He has served in roles of VP, chairman, and CEO and as an independent algorithmic consultant to organizations ranging from VC-backed startups to market-leading corporations. Tuvik brings to MedAware a unique combination of rich entrepreneurial experience, academic expertise in artificial intelligence, and hands-on experience in algorithmic development.

  • Co-Founder

    Eytan is a Professor of Computer Science and Medicine in Tel Aviv University and was recently nominated as Director of the Center for BioInformatics and Computational Biology at the University of Maryland. His lab is an international leader in human metabolic modeling and he is an established authority in the areas of biomedical modeling and machine learning.

  • Galit Israeli
    COO

    Galit has over 15 years of experience in senior high-tech management roles. Prior to working at MedAware, Galit acted as a lawyer in the private sector and held senior operations & international marketing roles at several startups, including Skybox Security, an enterprising software company providing risk analytics for cyber security.

  • Operation Research and Algorithms

    Eitan graduated from the Israeli army’s prestigious Talpiot program in 1985, is a retired Israel Air Force Colonel with vast experience in operation research, optimization and system analysis. Over the last 15 years, Eitan led research groups in the IAF, Israel Military HQ, and IBM Research Lab. Eitan received a PhD in Operation Research from the Naval Post Graduate School in Monterey CA and currently teaches simulation and operation research.

  • VP Business Development

    Jordan has years of experience in Israel’s venture investment ecosystem. Prior to joining MedAware, Jordan managed GE Ventures Israeli healthcare investment activities, where he primarily focused on SaaS and Healthcare IT Startups. Jordan holds a BA from the University of Wisconsin-Madison, an MA in Nonprofit Management from the Hebrew University of Jerusalem, and an MBA from the Kellogg School of Management.

  • Ori Karev
    Chief Business Officer

    Ori has led as CEO of several companies in Healthcare Insurance and Healthcare delivery. As CEO of UnitedHealth Group International, Ori oversaw the growth of UHGI’s Insurance, Reinsurance and Administration activities. Ori has founded, managed or invested in TPAs, a Reinsurance Intermediary, and an HMO; as well as technology startups including TreeWay and Gett. He is a member of the NY and CT bars; and, holds a Juris Doctor, an MBA and a BA.

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