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AdviNow Medical Wins AZBio Fast Lane Award

August 29, 2018

CHANDLER, Ariz.--(BUSINESS WIRE)--Aug 29, 2018--The Arizona Bioindustry Association ( AZBio ) today announced that AdviNow Medical has won a 2018 AZBio Fast Lane Award for its rapid progression from concept to exciting product launch. The AdviNow Medical team will be honored by Arizona’s bioscience and business communities at the 2018 AZBio Awards on October 3, 2018 at the Phoenix Convention Center.

Transforming the Healthcare Experience

Today’s healthcare experience is too often defined by high costs, inefficiency, and long wait times—all of which can limit access to care. AdviNow Medical’s do-it-yourself kiosk seeks to transform the patient/provider encounter through the use of Artificial Intelligence (AI) and Augmented Reality (AR).

Using AdviNow Medical’s unique tool, patients are guided through self-administered steps to collect data such as weight, temperature, blood pressure, and blood oxygen, as well as ear, nose and throat images, and chest, lung and abdomen sounds. Follow-up questions are asked until all the information necessary for a clinical differential diagnosis is acquired. The total process typically takes less than 15 minutes. A complete patient work-up is sent to the provider with a breakdown of predicted illnesses and treatment options—giving them key details that enhance the patient visit. Every detail of the encounter is auto-charted and scribed into the electronic medical record, saving the provider valuable time. The AI also sends the medication and/or procedure orders to the appropriate healthcare partner and completes the billing process.

“We believe our product can help solve the persistent problem of access to care, by making the patient/provider visit more efficient, allowing more patients to be seen in a day,” says AdviNow Medical CEO and Founder James Bates. “Our tool will also help with accuracy and data collection, which impacts profits and value-based health outcomes.”

The kiosk is currently being used in urgent care centers and primary care clinics in Arizona, with a national launch planned for this fall in retail store-based clinics. AdviNow Medical also has secured partnerships with GlobalMed and Valley Perinatal Services, who will soon begin using the AdviNow tool.

AdviNow Medical’s exciting story is featured in recent editions of Forbes; Healthcare Tech Outlook, where it was named one of the top 10 artificial intelligence solution providers; Silicon Review, where it was named one of the 30 most reputable companies of 2018; and several other publications. They have also won the award for Outstanding Achievement in Healthcare Delivery from the 2018 Healthcare Leadership Awards, which is sponsored by AZ Big Media.

For its rapid progression from concept to exciting product launch, AdviNow Medical is being honored with the 2018 AZBio Fast Lane Award.

The AZBio Fast Lane is awarded on a competitive basis to the select few companies that have achieved outstanding milestones in the past 18 months. Significant progress can be measured by clinical results, regulatory approvals, certifications, collaborations, funding awards, product launches, job growth or product sales milestones.

A key component of Arizona Bioscience Week, The AZBio Awards & Life Science Fiesta brings together Arizona’s life science and leadership community with visitors from around the country to celebrate life-science innovation and innovators. The AZBio Awards takes place on the evening of October 3, 2018 at the Phoenix Convention Center. Highlights of the evening will include honoring Dr. Daniel D. Von Hoff with the AZBio Pioneer Award for Lifetime Achievement and a celebration of the achievements of leading researchers, educators, and innovator companies. The Life Science Fiesta following the award ceremony features a Student Discovery Zone that showcases the work of fifty students from Arizona high schools, community colleges, and universities along with exhibits featuring Arizona companies and patient advocacy organizations. The AZBio Awards & Life Science Fiesta are presented by AZBio and the  Arizona Commerce Authority.

AdviNow Medical has also been selected to present at White Hat 2018.

The White Hat Life Science Investor Conference ( White Hat 2018 ) brings together the next generation of biotech and healthcare pioneers from across the Rocky Mountain & Southwest Region with investors locally, nationally, and internationally. Held at the Phoenix Convention Center on October 4, 2018, White Hat 2018 is a collaboration between the bioscience industry associations across the region. The conference showcases investment opportunities for investment into privately-held companies in the areas of diagnostics, therapeutics, medical devices, and health information technology. Thirty-two companies have been competitively selected by a committee of experienced life science investors to present at White Hat 2018. Companies that presented at White Hat in 2014 and 2016 have gone on to receive almost $200 million in investment from private investors and corporate investors.

For more information on Arizona Bioscience Week, visit www.AZBio.org/AZBW2018.

For more information on the 2018 AZBio Awards, visit www.AZBioAwards.com

For more information about White Hat 2018, visit www.WhiteHatInvestors.com.

About AZBio

For 15 years, the Arizona Bioindustry Association (AZBio) has supported life science innovation and life science innovators in Arizona. A key component in Arizona’s life science ecosystem, AZBio is the only statewide organization exclusively focused on Arizona’s bioscience industry. AZBio membership includes patient advocacy organizations, life science innovators, educators, healthcare partners and leading business organizations. AZBio is the statewide affiliate of the Biotechnology Innovation Organization (BIO) and works in partnership with AdvaMed, MDMA, and PhRMA to advance innovation and to ensure that the value delivered from life-changing and life-saving innovation benefits people in Arizona and around the world.

For more information visit www.AZBio.org and www.AZBio.TV

Images available upon request.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180829005720/en/

CONTACT: AZBio Media Contact:

Arizona Bioindustry Association

Joan Koerber-Walker, 480-332-9636

jkw@azbio.org

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PRACTICE MANAGEMENT HEALTH BIOTECHNOLOGY MEDICAL DEVICES GENERAL HEALTH

SOURCE: Arizona Bioindustry Association

Copyright Business Wire 2018.

PUB: 08/29/2018 03:33 PM/DISC: 08/29/2018 03:33 PM

http://www.businesswire.com/news/home/20180829005720/en

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