Enabling distributed radiology for better healthcare
Main beneficiary countries:Philippines - Bangladesh - India - Thailand - Indonesia - Vietnam - Nigeria
Lifetrack Medical Systems Inc.
Lifetrack Medical Systems is a Singapore and Philippine-based health-tech company that’s developed and deployed the first scalable, distributed medical imaging software designed for affordable access in emerging markets. Their LifeSys™ platform is used by large healthcare chains, public health systems, and radiology group practices to scale their radiology operations seamlessly, without the pain or cost of legacy medical imaging software. LifeSys™ is now serving hundreds of thousands of patients annually across Southeast Asia, South Asia, Africa, the United Kingdom, and the United States.
Their mission is to build simple, elegant, powerful, and intuitive software platforms for the entire healthcare ecosystem, starting in medical imaging in emerging markets, where the needs are greatest and the resources are scarcest. They are trusted and backed by the Asia Impact Investment Fund of the UOB Group and Credit Suisse, the corporate VC arm of Philips Healthcare, and Kickstart Ventures of the Philippines’ Ayala Group.
Sector: Industrial: Startups, enterprises, etc.
Country of origin: Philippines
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Many LMICs still lag behind developed countries in key health indicators – notably, two thirds of the world do not have access to diagnostic imaging. The lack in medical imaging is exacerbated by the widespread inequality in developing nations. Lifetrack aims to address the shortfall in affordable, accessible diagnostic imaging driven by rising demand in high-growth emerging markets. The shortfall is driven by 3 key issues:
Lifetrack addresses these challenges through a distributed radiology model that supports diagnostic healthcare in emerging markets at a fraction of the cost. Their architecture provides rapid access of diagnostic images in remote areas, using consumer DSL or even 4G. Lifetrack also enables affordable adoption in emerging market environments, offering up to 10x savings in upfront setup costs. Access to affordable medical imaging becomes key in improving overall health outcomes for populations in the developing world, leading to earlier screening of cancer, less invasive procedures later on, and savings for the healthcare system as well as longer, healthier lives for people while also rebalancing inequalities.
In light of these challenges, Lifetrack introduces Lifesys™ RIS/PACS, featuring patented RadNav™ technology — tech that’s designed to make a sustainable social impact in the places that need radiologists most. It expands radiologists’ reach, without them ever leaving their clinics or cities. With RadNav™ technology, featuring integrated decision support and active templates, radiologists are trained as they work. Training/coaching and quality control are built into the system in a way that is intuitive and easy to use. t’s a tool for medical efficiency and accuracy. It’s a platform for capacity building.
Health professional training - Telemedicine (remote diagnosis and consultations)
1430000 Number of beneficiaries since launch
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