Edocate Offers a Virtual Patient Simulation Platform
The company just raised $3 million.
Edocate co-founders (Company pic)
Israeli medtech startup Edocate has developed a virtual patient simulation platform for doctors to learn. The company just brought in $3 million in a seed round this week, led by Hanaco Ventures, with participation from Arkin Holdings and Longevity Venture Partners.
Founded in 2016 by CEO Jonathan Lorber, Edoctae simulates disease progression and the influence of diagnostic and therapeutic decisions on this process, all while assessing guideline compliance and proper use of medication. It calls itself an innovative start up in the domain of training and education for healthcare professionals. Edocate features a Medical Simulation Platform which is dedicated to chronic disease management and to the effort of healthcare practitioners to improve their long-term care skills. The platform also offers lower instructional costs and provides robust objective data-analysis.
Chronic disease is responsible for over 70% of deaths worldwide and over 86% healthcare spending. Edocate’s medical simulation platform is dedicated to chronic disease management and to the effort of healthcare practitioners to improve their long-term care skills. The platform also offers lower instructional costs and provides robust objective data-analysis. Edocate simulates disease progression and the influence of diagnostic and therapeutic decisions on this process, all while assessing guideline compliance and proper use of medication.
“We are witnessing a big change in the healthcare system, increasing aging population with chronic disease, shortage in HCPs drives high demand for training, a shift of responsibilities to generalists, a younger and digital-native workforce and hospital focus shift to ambulatory care. We have identified an unmet need to address the shortcomings of healthcare education,” said Jonathan Lorber, Edocate’s CEO and co-founder.
“Our mission is to provide healthcare organizations a novel, engaging, and effective technology platform to improve HCPs competency level and help improve patient outcome. We are proud to partner and deliver educational projects with such leading medical associations as the American Diabetes Association and the American Heart Association, medical education providers of CME & MOC such as Boston University School of Medicine, and PRIME Education, as well as with various HMOs and international pharmaceutical companies.”
Jonathan Lorber is an entrepreneur with 20 years of leadership. He is co-Founder and senior member of the board at PI-Harvest Ltd, a medical device start-up and former partner and an international taxation lawyer at Doron, Tikotzky Law firm. Previously he was CEO at Gevim Group, a company in the field of mediation and conflict management. Former SE Asia marketing manager at Rbtec Perimeter Security Systems.
