Medical Imaging Cloud
Kovey Kovalan migrated to the US and graduated from The Ohio State University with a Masters in Computer Science. A career in software development eventually landed him at Fujifilm Medical. He left a stable job to pursue a lifelong calling to become an entrepreneur. This led to a vision for a next generation medical imaging system using cloud visualization. The company was formed with a mission to ensure healthcare providers have access to time-critical and accurate information to save lives. Under his leadership, the company obtained four patents, FDA clearance, HIPAA compliance, and industry recognition from Frost and Sullivan, AMD, NIH and NSF (grant). In summary, he has built a custom cloud for managing, viewing, and sharing medical imaging records online that solves critical challenges in the healthcare market today. Early adopters are currently using the system and he can now grow the business by scaling sales. A preview of the patients portal that the funds are for is in this link: https://goo.gl/bKlUch
This loan is special because:
More about this loan
We have developed a new cloud technology platform in medical imaging. The technology has been hailed as revolutionary by thought leaders for its advancement and adoption of artificial intelligence using Graphics Processing Unit (GPU). Medical images are large scans and Internet bandwidth to transmit these large scans are limited. This subsequently leads to lack of timely access of patients imaging records over Internet. Our approach maintains diagnostic image quality and performs equivalent to or better than conventional systems at a fraction of the cost spent today. Over the last two years, the technology has been successfully tested, deployed and in daily use at early adopter sites. The platform is HIPAA compliant to protect patient’s privacy. We are focusing on selling in the US market where we have a medical device clearance from the US Food and Drug Administration (FDA).
What is the purpose of this loan?
Medical imaging is sought when patients have extraordinary symptoms. By providing patients with the tools to get help for their debilitating condition, including getting a second opinion, we believe that by promoting to patients, the chances of our technology adoption can be greatly improved. The loan is used to launch our patient and physician portal.
Years in operation: 1 year – 3 years