Investors

Investor Information

Clear Protocol® AI was specially designed to be used at the point of care, hands-free, in a practical way.  A solution such as Clear Protocol® AI "…has the ability to significantly impact improvements in quality, safety, efficiency, and effectiveness of health care." 1

One of the major problems in healthcare is the lack of accessibility of information at the moment it is needed. Most clinical interventions happen alongside a patient, and devices using existing software, such as PCs, tablets, or smartphones, are impractical due to potential hand contamination, the inconvenience of being out of reach, out of view, interruption, and distraction.


The solution is Clear Protocol® AI, a patented software platform that is designed for electronic wearables, is hands-free, and voice operated. Users can select a procedure and validate it in real time. Completed protocols are logged automatically. No typing necessary!

US Utility Patents 10,318,928 B1 (2019), and 11,341,460 B2 (2022).

Market Indicators

Regarding the importance of these issues, Senator Whitehouse (RI) said: “...a very large fundamental problem in the American healthcare system, ...is that it costs about 50 percent more than the most inefficient other industrialized countries' healthcare systems... We have an inefficiency premium of about 50 percent over the major economies that we compete with. The price of that inefficiency is paid also in hundreds of thousands of American lives.” 2


AI Vertical Agents are on their way, and will overtake conventional software, see this VC roundtable:  https://www.youtube.com/watch?v=eBVi_sLaYsc&ab_channel=YCombinator

Competitive Advantage

Clear Protocol® AI is the first comprehensive patented solution that: 

- Operates hands-free

- Gives clinicians bedside access to the EMR, Rx and CPOE systems

- Enables clinicians to validate and log clinical practice protocols (checklists) continuously and unobtrusively

- Accepts any checklist used in health organizations


We meet all five requirements for  Clinical Decision Support (CDS) - "Five Rights" of CDS: We deliver 1. the right information, 2. to the right person, 3. in the right format, 3.  through the right

 channel, 4. at the right point in workflow.


Our solution leverages existing, mature technology – voice recognition – already in use in over 90% of hospitals and embedded in the leading EMR systems: Epic, Cerner, Allscripts, and MEDITECH. 

Traction

We have a proof-of-concept prototype, and we are raising funds for the final stage of development. 


There are about twenty specialized experts who helped or are helping with development.


Some notable collaborations: 

  • A top 100 US law firm filed our patents.
  • Since 2016 we have worked with Dr. Zikos,  Healthcare Informatics PhD, Associate Professor, Texas Tech University.
  • Collaborated with multiple doctors in different specialties, including hospital administrators.
  • UCLA computer science advised and programmed our proof-of-concept prototype.
  • Working with leadership in product and go-to-market strategy.
  • Strategic  partnerships with Healthcare IT companies already selling to hospitals. LOIs in process.
  • Begin Pilot Use at two university Nursing Schools. LOIs on file.
  • LOI for a Pilot-to-Purchase trial with one of our advisors, a pediatrics doctor in private practice.

Market Validation

Sago (Schlesinger Group), Baltimore, surveyed 196 doctors from a wide variety of specialties.


Of the doctors surveyed:

80% want to know more about Clear Protocol

77% would be interested in using it in their practice.

Market Validation Page

Key Takeaways:


  • Every nurse and doctor in the country is a potential user of the Clear Protocol® AI system.
  • Recurring Business-to-Business revenue in healthcare with predictable, growing demand.
  • Expert advisory board includes faculty from leading universities, distinguished doctors, seasoned professionals, and attorneys.
  • Efficient Use of Capital.
  • Covered under US Utility Patents 10,318,928 B1 (2019), and 11,341,460 B2 (2022).
  • Registered US Trademark.


1 Quoted from: Clinical Decision Support | HealthIT.gov  Website of The Office of the National Coordinator for Health Information Technology (ONC). Under the second paragraph entitled: "Clinical Decision Support Promotes Patient Safety". Retrieved November 12th, 2024.

2 Video at 00:22:20 (help.senate.gov/hearings/more-than-1-000-preventable-deaths-a-day-is-too-many-the-need-to-improve-patient-safety) Accessed November 12th, 2024.

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