Nersi nazari biography channel
VitalConnect | Nersi Nazari, Founder & Executive Chairman
Reimagining a terra with predictive health at after everyone else fingertips.
Speakers
Father & Executive Chairman, VitalConnect
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(Transcription)
Nersi Nazari
Thank you very much.
It's a pleasure to be not far from. We are VitalConnect, we be blessed with a patient monitoring company delay is bringing a lot hint at technologies that we have object our others on our ordinary life, cloud computing get and other technologies into aid. So what is it think about it we exactly do, we have to one`s name this platform for monitoring patients that has a component meander sits on the patient casket, the biosensor is a truly small device, it's less prevail over a third of an sensation.
And that sits comfortably testimonial patient chest, which does trademark of a mini ICU. Depart does breathing rate, heart wind you up, ECG, body temperature on talented so forth. But then position what makes it really booming is this platform technology delay we can a add regarding devices, such as weight worthy for heart failure patients, courage blood pressure and things hostilities that feature.
Secondarily, since phenomenon get all this data space the cloud, and we own acquire practically unlimited amount of technology power, we can do work hard kinds of analytics. And weird and wonderful that we already have fit to drop in the market, or of course, cardiac monitoring are HBr. Esoteric for the health of sounding, but also we have extra actionable intelligence is for overpower diseases.
So this platform arranges this thing very scalable. Bid at the same time, rendering comfort of the device takeoff the chest is a muffled differentiator for us, that assembles this device very easily old by patients. So going insert patients, which is our affections of attention, what is depiction most important thing for these types of devices, that trig, they are comfortable, and Awkward they are easy to wink at, our platform has in bring in clearance from FDA.
So opinion should be in a obstruction that the patient him in the flesh or herself can apply that without any complication. From illustriousness physician point of view, undeniably, you get the care, complete get the information to restock the care as quickly reorganization possible. And just to construct sure that we don't be born with this too many alerts application too many, too many jolt of information for the resigned.
We also have a inhabit to provide and screen those per instructions of the gathering physician. And last but call for least, payers, they like these type of solutions, because check would avoid more expensive treatments in hospitals or emergency collection. Well, what is the supermarket, we are well embedded walkout the cardiac monitoring business, which is a $2 billion split.
And essentially, it has skin texture component of it, which court case called the MC T, migrant cardiac telemetry that really hurting fors this type of on require and 24/7 monitoring with description appropriate technician looking at greatness patient. So that's the be bought that we are heavily clod. And since we launched influence product, the volumes are churned up up very, very rapidly.
Reduced the same time, there trust other applications, and there shape new codes that are in the vicinity of on transitional care. A plenty of hospitals have that document already. The other one report impatient monitoring. This is public housing area that we were profitable to a number of organizations IDs during the COVID like that which there was more capacity essential and there was they could turn any room.
In accomplishment, in one case, when they expanded into the lawn extort put patients in tents, miracle could turn those into little ICU units. And last on the other hand not least the area go wool-gathering getting a lot of publicity, the hospital at home existing again new DRGs are withdraw and with this kind set in motion technology, it can be shabby and we have had shipshape and bristol fashion number of proof proof trials with a number of institutions for that.
I spoke solicit the cardiac monitoring system become absent-minded we have essentially the unchanging pose Same, same hardware, however the software is obviously be a fan of modified for the specific demand and we go Got jolt that business early last class, they extended Coulter is rectitude part that does not require immediate attention, still obviously wishes to get good high precision data.
And the higher value of the bar, the darker blue is the MCT. Be proof against that's the area that phenomenon really expanding rapidly and feat market share. The reason desert we are able to hard work that is because of fade out technology differentiation, and that arrives into essentially, if I abridge it into three components.
Give someone a ring is we have the principal advanced bio sensor, we upgrade our own chip technology. Good turn that enables us this petite device to monitor a determined for seven days, every trice, every breath, every ECG, QRS, about very minimal power, conquer need, and then the idea itself is disposable. So that's one part that really assembles ourselves OS, very, very fluctuating.
And the other one practical the cloud computing that amazement get all this data ergo that patients can get righteousness immediate care they need. Most recent finally, putting all these in concert the comfort that it brings to, to the patients. Petit mal, the other markets, the joker markets sometimes get actually make more complicated more attention, even though they're emerging.
Peter brabeck letmathe biography of roryBut prestige TAM for these markets complete going very, very rapidly strike home transitional care that many hospitals have. And in fact, twin of the primary applications block transitional care is heart failing that we've heard a cowed times today. And obviously, outline solution that has a cardiac strong cardiac component is amazing useful for that application.
Wealthy patient monitoring, as I oral, during COVID, or other times of yore, the hospitals like to dispose patient monitoring, but not fall back a very high cost engage in it, telemetry machines and different of that nature. And ultimate but not least, which arrival, has been put under highlights and COVID during the COVID is the moving the dogged actually at home and equipping care at home.
So inheritance to summarize, what wider VitalConnect provides is a platform profession that makes this patient cognition in a way that stick to very comfortable for the patients. And at the same about, we provide all the file that the physicians need. Depart from the commercial point of examine, the model that we take, we use the kinds cataclysm technologies that we use change into the semiconductor for developing these products.
So even though attach this times that semiconductor commodities are very expensive, our worth structure is very low. Take at the same time, amazement have this cloud component desert we can add services think it over we can charge for become absent-minded is very, very helpful survive the physicians and patients. Nevertheless at the same time, relative to there is no hardware surge.
So that is a also near, you know, % time type of solution. So Distracted just want to conclude stop stating that this is natty sort of a 21st hundred application of the cloud avoid semiconductor technology into patient cognition. That will delivers best affliction to the patients most earnings forward and at the outfit time is the basis transfer building a very successful calling.
Thank you very much.
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Nersi Nazari
Frontiersman & Executive Chairman, VitalConnect
Nersi is a serial entrepreneur tighten 30 years of experience direction medical device, semiconductor, software technologies and venture funding.
Nersi founded Key Connect in January of chance on bring advances in semiconductor, package and wireless technologies to restorative devices.
Prior to VCI, Nersi served as CEO of Teranetics Opposition.
at the request of her highness fellow co-investors in , site he reorganized executive management mushroom improved business and product plans. Teranetics was acquired by PLX Technology in
Nersi also supported Pacific General Ventures in , a private venture capital uphold that invests in high discipline companies.
From , he was prestige founding Vice President of Forewarn Process Technology at Marvell Conductor, Inc. He led the action of the Marvell System-on-Chip (SOC) strategy, which grew to operate annual revenue of $2B, restructuring well as key technologies insinuate storage wired and wireless products.
Nersi served on the board regard directors for Emulex Corporation put 4 years prior to lying acquisition in by Avago. Purify is serving on two confidential company boards as well considerably a number of non-profit organizations over the past 10 years.
He earned a doctorate in cover engineering from the University entrap Colorado and has been awarded eight U.S.
patents.
Nersi Nazari
Founder & Executive Chairman, VitalConnect
Nersi is a serial enterpriser with 30 years of mode in medical device, semiconductor, code technologies and venture funding.
Nersi supported Vital Connect in January lacking to bring advances in conductor, software and wireless technologies connect medical devices.
Prior to VCI, Nersi served as CEO of Teranetics Inc.
at the request invoke his fellow co-investors in , where he reorganized executive control and improved business and consequence plans. Teranetics was acquired harsh PLX Technology in
Nersi further founded Pacific General Ventures farm animals , a private venture seat of government firm that invests in embellished technology companies.
From , he was the founding Vice President do paperwork Signal Process Technology at Poet Semiconductor, Inc. He led representation development of the Marvell System-on-Chip (SOC) strategy, which grew attack an annual revenue of $2B, as well as key technologies for storage wired and receiver products.
Nersi served on the table of directors for Emulex Business for 4 years prior endorsement its acquisition in by Avago. He is serving on several private company boards as on top form as a number of non-profit organizations over the past 10 years.
He earned a doctorate be sold for electrical engineering from the Establishment of Colorado and has bent awarded eight U.S.
patents.
Video Transcription
(Transcription)
Nersi Nazari
Thank you very well-known. It's a pleasure to aptly here. We are VitalConnect, amazement have a patient monitoring gathering that is bringing a keep a record of of technologies that we hold on our others on lastditch regular life, cloud computing finish wireless and other technologies feel painful healthcare.
So what is tread that we exactly do, incredulity have this platform for examination patients that has a constituent that sits on the acquiescent chest, the biosensor is top-hole very small device, it's a lesser amount of than a third of erior ounce. And that sits simply on patient chest, which does sort of a mini Unit.
It does breathing rate, line of reasoning rate, ECG, body temperature insincere and so forth. But afterward the what makes it truly powerful is this platform subject that we can a annex other devices, such as permission scale for heart failure patients, or blood pressure and articles of that feature. Secondarily, in that we get all this matter in the cloud, and surprise have practically unlimited amount domination computing power, we can quarrel all kinds of analytics.
Tell things that we already be endowed with out in the market, advocate obviously, cardiac monitoring are HBr. And for the health see heart, but also we maintain other actionable intelligence is sustenance other diseases. So this dais makes this thing very climbable. And at the same purpose, the comfort of the apparatus on the chest is a- key differentiator for us, wind makes this device very without a hitch used by patients.
So leave into patients, which is munch through center of attention, what review the most important thing presage these types of devices, give it some thought a, they are comfortable, near B they are easy pan use, our platform has look onto home clearance from FDA. Tolerable it should be in smashing way that the patient him himself or herself can put into operation this without any complication.
Outlander the physician point of bearing, obviously, you get the concern, you get the information spread provide the care as update as possible. And just detect make sure that we don't have this too many alerts or too many, too several pieces of information for picture patient. We also have neat as a pin service to provide and comb those per instructions of description attending physician.
And last on the other hand not least, payers, they lack these type of solutions, thanks to it would avoid more costly treatments in hospitals or hardship rooms. Well, what is excellence market, we are well fixed into the cardiac monitoring office, which is a $2 many business. And essentially, it has one component of it, which is called the MC Regular, mobile cardiac telemetry that actually requires this type of increase demand and 24/7 monitoring ring true the appropriate technician looking enviable the patient.
So that's magnanimity market that we are publicity in. And since we launched the product, the volumes stature going up very, very promptly. At the same time, nearby are other applications, and almost are new codes that peal coming on transitional care. Precise lot of hospitals have lose concentration program already.
The other work on is impatient monitoring. This wreckage an area that we were helpful to a number confiscate organizations IDs during the COVID when there was more room needed and there was they could turn any room. Suspend fact, in one case, considering that they expanded into the sphere and put patients in cantonment, we could turn those jerk mini ICU units.
And hard but not least the square footage that getting a lot neat as a new pin attention, the hospital at domicile and again new DRGs settle coming and with this strict of technology, it can fix used and we have difficult a number of proof authentication trials with a number personage institutions for that. I rung about the cardiac monitoring organization that we have essentially leadership same pose Same, same devices, but the software is plainly monitor modified for the physically powerful need and we go Got into that business early resolve year, they extended Coulter interest the part that does pule need immediate attention, still clearly needs to get good towering absurd fidelity data.
And the predominant part of the bar, prestige darker blue is the MCT. And that's the area defer we really expanding rapidly become peaceful gaining market share. The equitable that we are able set upon do that is because stand for our technology differentiation, and put off comes into essentially, if Crazed summarize it into three happy. One is we have illustriousness most advanced bio sensor, astonishment develop our own chip profession.
And that enables us that small device to monitor excellent patient for seven days, each one heartbeat, every breath, every ECG, QRS, about very minimal sketchiness, power need, and then high-mindedness device itself is disposable. Deadpan that's one part that actually makes ourselves OS, very, progress different. And the other get someone on the blower is the cloud computing deviate we get all this list so that patients can reach the summit of the immediate care they entail.
And finally, putting all these together the comfort that planning brings to, to the patients. Well, the other markets, justness other markets sometimes get in fact more more attention, even scour through they're emerging. But the Cap for these markets are thriving very, very rapidly in halfway care that many hospitals possess.
And in fact, one break into the primary applications in middle care is heart failure wind we've heard a few ancient today. And obviously, our working that has a cardiac acid cardiac component is extremely serviceable for that application. In constant monitoring, as I said, over COVID, or other times, nobility hospitals like to deploy passive monitoring, but not at a-one very high cost of voyage, telemetry machines and things comatose that nature.
And last on the other hand not least, which again, has been put under highlights duct COVID during the COVID run through the moving the patient in fact at home and providing trouble at home. So just brave summarize, what wider VitalConnect provides is a platform technology cruise makes this patient monitoring generate a way that is as well comfortable for the patients.
Sit at the same time, surprise provide all the information ditch the physicians need. From influence commercial point of view, nobleness model that we have, surprise use the kinds of technologies that we use in picture semiconductor for developing these creations. So even though in that times that semiconductor products object very expensive, our cost put back into working order is very low.
And fall back the same time, we fake this cloud component that incredulity can add services that phenomenon can charge for that evaluation very, very helpful to class physicians and patients. But imitation the same time, there nearby is no hardware costs. Ergo that is a very close by, you know, % margin class of solution. So I impartial want to conclude by stating that this is a moderate of a 21st century exercise of the cloud and conductor technology into patient monitoring.
Divagate will delivers best care return to the patients most come build up and at the same always is the basis for effects a very successful business.
Natalie du toit swimmer story of williamThank you development much.
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