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Muthu Krishnan, Founder and CEO, Kencor HealthInitially, Kencor Health focused on reducing hospital read¬mission but soon branched through patient engagement into the RPM realm. SAMiTM works in tandem with the Kencor Health Ecosystem, enabling clinics, medical facilities, and hospitals in democratizing remote healthcare. SAMiTM has been specially designed to become a virtual companion for patients and an as¬sistant for the care team that connects both parties in real-time through a single click. The solution sports an in¬teractive bot that converses with patients and reminds them about measuring vitals, including blood pressure, weight, pulse, and temperature. It automatically encrypts and transmits the data through Bluetooth technology to its HIPAA-hosted cloud and ultimately to the care team. The team can sort the data into three zones— red, yellow, and green—based on the degree of criticality. SAMiTM allows the care team to monitor over 400 patients within 10 minutes from a single dash¬board instead of managing them traditionally. In addition to its RPM solutions, Kencor Health also developed a CDC-approved COVID-19 screening app and was among the first ones to make it available on the Apple and Google Play Store. This opportunity of launching a COVID-19-specific product enabled the company to pivot successfully and quickly amidst the pandemic in terms of revenue, customers, and investors.
Krishnan attributes the success of Kencor Health to its board of leaders comprising healthcare veterans who, with a collective experience of 100 years and entrepreneurial mindset, show utmost dedication towards impacting the healthcare industry positively. “The leadership team has a wealth of knowledge regarding the field and the products. It is with their help that Kencor Health is standing strong in today’s market,” prides Krishnan.
Powered by the support of experienced veterans and customer appreciation, Kencor Health is steadily moving ahead to become a unicorn in the RPM space. Furthermore, the company is collaborating with a prestigious institution on a clinical study to show how SAMiTM automatically completes all mundane tasks daily and helps providers create better treatment plans for hypertension patients. “I am proud to say that the road we took was challenging but Kencor Health has successfully survived and thrived. Even during COVID-19, we did not stop and pivoted by developing and updating the platform’s capabilities. We aim to become the go-to partner for customers scouring for the best RPM solution,” concludes Krishnan.
The robust ecosystem has helped Kencor Health garner several success stories within a short span of four years. For example, when a renowned hospital in Northern California needed a solution to reduce readmissions and receive RPM reimbursement, they found SAMiTM ticking all boxes. Before engaging with the company, the hospital had care coordinators who manually intervened to remind patients about checking vitals. Within a month of deploying SAMiTM, the client reduced readmissions by 45% and improved the patient engagement efforts. In another instance, a nephrology-specializing facility had a similar experience where they gained detailed visibility into patients’ conditions and were able to provide patient-specific care for a better health experience.
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We would like strive towards becoming the go-to partner for customers scouring for best-in-class RPM
Powered by the support of experienced veterans and customer appreciation, Kencor Health is steadily moving ahead to become a unicorn in the RPM space. Furthermore, the company is collaborating with a prestigious institution on a clinical study to show how SAMiTM automatically completes all mundane tasks daily and helps providers create better treatment plans for hypertension patients. “I am proud to say that the road we took was challenging but Kencor Health has successfully survived and thrived. Even during COVID-19, we did not stop and pivoted by developing and updating the platform’s capabilities. We aim to become the go-to partner for customers scouring for the best RPM solution,” concludes Krishnan.
Company
Kencor Health
Management
Muthu Krishnan, Founder and CEO, Kencor Health
Description
Kencor Health takes a human-centered approach to remote patient monitoring in order to streamline processes and improve care outcomes. Under the visionary leadership of the founder and CEO, Muthu Krishnan, Kencor Health revolutionizes patient engagement and monitoring by connecting patients with care teams through an AI-powered RPM platform, SAMiTM . SAMiTM works in tandem with the Kencor Health Ecosystem, enabling clinics, medical facilities, and hospitals in democratizing remote healthcare.
Kencor Health News
Winners for TiE50 announced at TiECon 2024
TiE Silicon Valley is the founding chapter of the TiE brand. TiECon 2024 is an annual convention hosted by The IndUS Entrepreneurs (TiE).
The awards are contested by several early to mid-stage startups worldwide. Now in its 16th year, the TiE50 awards opened many doors for the winners. Participants are scored based on each company’s IP, business model, traction, and team.
TiE50 winners are also an indicator of what is happening in the ecosystem. “For instance, a number of winners are from the healthcare sector,” said Mahendra Naik, chairman of TiE Toronto.
Yamini Sagar, founder and CEO Instarails, expressed her excitement at winning the TiE50 award. “I am very excited about winning. TiE50 is a very competitive award. Internationally many companies compete,” she said.
The winners are honored by venture capitalists like Draper. In addition to the TiE50 award, Sagar was shortlisted to audition for the ‘Meet the Drapers’ TV show. The TV show is organized in partnership by the TiE SV and the TiE50 program.
Approximately 10 to 12 companies from the 50 TiE50 award winners are selected by the Draper Team to pitch to them at TiECon 2024 and have a chance to win a spot on the seventh season of ‘Meet the Drapers’ show and even win a million dollars.
Meanwhile, Naik spoke about another competition in Toronto called TiEQuest.
Naik said: “We bring our finalists and winners from TiEQuest to TiE Silicon Valley. A number of our finalists also participate in the TiE50 competition. We have had at least three companies win TiE50 in the last 10 years and I am proud to say that we have got three companies who won again this year. Two of these companies from Toronto, Able Innovations and Brysk, auditioned for the ‘Meet the Drapers’ show at TiECon 2024.”
TiE50 Winners:
1. Able Innovations
2. Basepair
3. Bastion
4. Biosorra
5. Brysk
6. Careerflow.ai
7. Caspar.AI
8. Chrlee.AI
9. Coremobile
10. Cygni
11. Dasera
12. Devnagri
13. Doorbox.AI
14. Enko
15. Fluentpet
16. Garuda Aerospace
17. HanuAI
18. High Circle
19. Instarails
20. Jogo
21. Kencor Health
22. Marma SEcurity
23. Minnow
24. Monpreneur
25. Mobilab
26. Nagaed
27. Netscore
28. NxgenPort
29. OmniDesign
30. PlancKton Data
31. Proptexx
32. Plethy
33. Qapita
34. Revoquant
35. RSG
36. Rockfish Data
37. Sensfix
38. StrikeReady
39. Sizzle
40. SucceedSmart
41. Swirepay
42. Savemom
43. Vectra
44. VeeOne
45. Velmeni
46. Vessl
47. Vivifi Medical
48. Qapita
49. Zimyo
50. Zime