MedAware

MedAware was initiated following a tragic case of a nine-year-old boy who died because his primary-care physician accidentally prescribed the wrong drug. Sadly, this case is not uncommon. Prescription errors are estimated to cause the premature injury and death of more than 200,000 patients every year in the United States alone. MedAware was founded in 2012 by an expert team with extensive background in business, information technology and clinical practice, primarily in order to tackle the huge problem of prescription errors. It is inconceivable that a child’s life can be lost because of a click of a button. MedAware’s goal is to ensure that such cases will never happen again. By identifying and preventing prescription errors in real-time, MedAware’s solution saves lives, improves patient safety and significantly reduces healthcare costs resulting from prescription errors and adverse drug events. MedAware targets healthcare providers, pharmacy benefit management companies, as well as pharmacy chains.
Type
Private
HQ
Ra'anana, IL
Founded
2012
Employees
12 (est)
MedAware was founded in 2012 and is headquartered in Ra'anana, IL

MedAware Locations

Ra'anana, IL

MedAware Metrics

MedAware Summary

Founding Date

2012

Total Funding

$2.3 M

Latest funding size

$1.3 M

Time since last funding

10 months

Investors

We estimate that MedAware's latest funding round in April 2016 was $1.3 M. In total, MedAware has raised $2.3 M

MedAware Company Life