Huma (company)

For other uses, see Huma.

Huma
Company typePrivate
Industryhealthcare, big data, small data, mobile, internet of things, pharma, wearables
Founded2011
Headquarters
London, UK
Websitewww.huma.com

Huma (previously known as Medopad) is a British healthcare technology company based in London, UK. It produces applications that integrate health data from existing hospital databases as well as patient wearables and other mobile devices and securely transmits it for use by doctors.[1][2]

Company

In April 2020, Medopad (as it was previously known) rebranded, as Huma after acquiring BioBeats and Tarilian Laser Technologies, both British healthtech companies. The company's focus shifted from remote monitoring of patients with rare and chronic diseases towards gathering biological data for use in preventative healthcare. The company also announced that it had appointed Alan Milburn as its first chairperson.[3]

Products

Enterprise

Medopad allows hospitals to pool their patient data into a single platform so it can be served to doctors' mobile devices in real-time.[4][5] Healthcare professionals can securely access lab results, images, clinical notes, and primary care data via iPads and other mobile devices.[6] In November 2013, Medopad became the first enterprise-class mobile health information system to receive CE approval.[7]

Some of the clinical applications that Medopad include editing patient records by voice recognition or typing, scheduling, lab results, image viewing including X-rays and CT scans, electronic support documents, taking and sending photos, video conferencing, primary records, transmitting real-time vital signs, collecting and managing demographic and contact details, Apple HealthKit integration, and arbitrage system to sort and prioritise patients, hospital admission, and access to more third party applications integrated into Medopad through the Clinical App Store.[1]

Medopad's pricing structure takes the form of an annual software as a service license fee in the UK.[8] In June 2014, it was reported that Medopad would cost hospitals between £50 and £90 per month per user to license. Carl Reynolds, head of Open Health Care UK told New Scientist that an open system that worked on multiple devices would be preferential to Medopad, as it would avoid locking hospitals into a single system.[1]

In January 2018, Medopad joined UK Prime Minister Theresa May on her trade mission[9] to China meeting general secretary of the Chinese Communist Party Xi Jinping. During the trip it announced over £100m of commercial contracts[10] with major Chinese and international organisations including China Resources and Peking University.

Cancer

In April 2015, Medopad launched a chemotherapy application for monitoring cancer patients designed specifically for the Apple Watch.[11][12][13][14]

Investors

Some of Medopad's institutional investors are Healthbox and Sandbox Industries.[15] Lord Howard Flight and Tony Brown, Non-Executive Director of the NHS both invested individually, as did entrepreneur and investor Tom Chapman.[16][17]

In July 2024, Huma raised $80 million in a Series D financing round. The investment round included contributions from AstraZeneca Plc, Bayer AG, Hitachi Ventures, and Italy’s Hat Technology Fund.[18]

References

  1. ^ a b c "NewScientist". Retrieved 16 June 2014.
  2. ^ "Journal of mHealth - Real-time clinical information platform driving improved outcomes". Retrieved 30 October 2015.
  3. ^ Lunden, Ingrid (16 April 2020). "Medopad rebrands as Huma, acquires BioBeats and TLT to expand its biomarker platform". TechCrunch. Retrieved 16 April 2020.
  4. ^ "Financial Times". Retrieved 30 October 2014.
  5. ^ "BBC World News Business Edition: Medopad platform technology transforms patient care while improving efficiency and saving cost". Retrieved 30 October 2015.
  6. ^ "University of Oxford's Tata Idea Idol Competition". Retrieved 17 June 2014.
  7. ^ "Mobile health provider becomes first to receive CE approval". Retrieved 16 June 2014.
  8. ^ "Medopad Remote Patient Monitoring - Digital Marketplace". www.digitalmarketplace.service.gov.uk. Retrieved 2 October 2018.
  9. ^ "May hails 'first step' to China trade deal". BBC News. 1 February 2018. Retrieved 15 February 2018.
  10. ^ Field, Matthew (2 February 2018). "UK healthtech startup Medopad plans $120m fund raise in China deal". The Telegraph. ISSN 0307-1235. Retrieved 15 February 2018.
  11. ^ "The Journal of mHealth". The Journal of mHealth. Retrieved 4 June 2016.
  12. ^ "The Lancet Oncology". Retrieved 29 October 2015.
  13. ^ "The Stack". Retrieved 29 October 2015.
  14. ^ "Bedside manners: Small data from patients at home will mean big cost savings". The Economist. 30 May 2015. Retrieved 29 October 2015.
  15. ^ "'Dragons' Den' event promotes innovation in healthcare". Retrieved 17 June 2013.
  16. ^ "NHS Board of Directors" (PDF). Retrieved 17 June 2014.
  17. ^ "Chapman Office". Chapman Office. Retrieved 4 February 2021.
  18. ^ "Health AI Startup Huma Gets $80 Million at Near-$1 Billion Value". Bloomberg. 16 July 2024. Retrieved 16 July 2024.

Further reading