Isansys Lifecare, the provider of complete real-time physiological patient data services and systems, has closed a major funding round with Isle of Man investors and has been awarded a grant from the Technology Strategy Board’s Smart awards programme. The funds will accelerate the roll-out timetable into UK hospitals of the company’s CE-marked clinical surveillance and early warning platform – the Patient Status Engine – and enable its use to be extended across the entire patient population, from paediatric through to adult and geriatric care.
The grant of £100k will contribute to the development of an expanded version of the Patient Status Engine (PSE) enabling its intended use to include a broad range of paediatric patients from neonates up to active adolescents, leading to the realisation of an end-to-end early warning system that will be clinically validated in a major children’s hospital in the UK this year. The expanded PSE will produce high quality, continuous real-time vital sign data as input for Paediatric Early Warning Scoring (PEWS) algorithms. These algorithms have already been proven to deliver significant clinical and economic benefits by being able to predict when adverse events or patient deteriorations will occur – giving nursing and clinical staff sufficient warning to take early preventative action.
Isansys CEO Keith Errey commented: “The new funds from committed investors on the Isle of Man and from the TSB represent an important step forward for Isansys and a great endorsement of our overall vision for ‘lifecare’ – unlocking new clinical insights and improving patient safety through continuous monitoring of every patient and at every life stage. This funding allows us to accelerate the delivery of our solution roadmap, and scale-up our existing early stage deployments to demonstrate the clear benefits of being able to transform real-time continuous vital sign data into clinical status indicators and prediction tools. We’ll be making further announcements about this key development in the near future.”