NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Award winning digital ICU diary secures €1 million investment for growth in the USA

Published 2023-07-28, 05:36 a/m
© Reuters.  Award winning digital ICU diary secures €1 million investment for growth in the USA
META
-

Kalkine Media - Post-ICU, the digital diary for ICU-patients and their loved ones, has closed a €1.000.000 funding round to expand its sales and operations in the US territory.

NEW YORK, NEW YORK, UNITED STATES, July 28, 2023/EINPresswire.com/ -- Post-ICU, the digital diary for ICU-patients and their loved ones, has closed a €1.000.000 funding round from the Brabantse Ontwikkelings Maatschappij (BOM) and InZet to expand its sales and operations in the US territory.

The Post-ICU diary has been scientifically proven to reduce Post-Intensive Care Syndrome (PICS). The aim is to triple the amount of ICU beds that are currently equipped with the digital diary by the end of 2024 to over 2000 beds.

Being admitted into an Intensive Care Unit (ICU) is a traumatic experience for patients, as well as their family. At least 25-50% of ICU-survivors will develop problems like memory loss, trouble with processing and problem solving, anxiety, or even depression. These symptoms are known as Post-Intensive Care Syndrome (PICS). But it’s not only the patient that suffers from an ICU admission: family members often experience the admission as a trauma as well. Up to 75% of family members will develop anxiety, and up to 42% will have symptoms of post-traumatic stress disorder. These consequences for family members of ICU patients are referred to as PICS-Family (PICS-F).

An ICU survivor explains in his own words what the digital Post-ICU diary means to him: “By being able to read back what I experienced on the ICU, I could finally give context to the anxiety I experienced. I had fears that I could not explain and nightmares about being suffocated by doctors or nurses. Being able to discuss this with the aftercare nurse brought me big relief and eased my anxiety.”

By June 2023, more than 25 hospitals have adopted the digital diary as part of their family-care or person-centered care approach in the Netherlands and United States. The Griffin Hospital in Derby (CT), was the first hospital in the US to adopt the digital diary. They reported positive outcomes already. Dr. Marya Chaisson MD: “It’s been rewarding not only for patients and for their family, but also for staff. The diaries also decrease the incidence of PTSD, as well as PICS and its accompanying disorder, PICS-Family". In the Netherlands, the Catharina Hospital was the first to start using the digital diary. They have been working with Post-ICU for years, and are still reporting many positive results - both for patients, their families, and their ICU professionals as well.

The investment in the digital diary is needed to scale up the product in the United States. There are over 115.000 ICU beds in the US, compared to 1150 in the Netherlands, making it the largest contingent of ICU beds in any country in the world. The investment will be used to start marketing and activities and to deploy the Post-ICU diary in an increasing number of hospitals in the US.

The lead investor in Post-ICU is InZet. Jelena Jakulj, partner at InZet, explained that “The quality of life of ICU survivors and their families is an often overlooked aspect of critical care, which is aimed at survival. InZet aims with its investments to make a meaningful impact beyond financial gains only. The digital Post-ICU diary has proven itself during the pandemic, when tens of thousands of ICU patients and families experienced how journaling helped them recover from the trauma they endured.”

Brabantse Ontwikkelings Maatschappij (BOM) is the co-investor for the innovative Post-ICU diary. Remie Bastiaansen, Investment Manager, explained their reason for the investment: “When we understood that an ICU diary was being advised by many professional critical care associations, we saw the potential of the digital equivalent. For hospitals, this is one of the most cost effective interventions on the ICU, while also contributing to patient satisfaction.”

Post-ICU’s CEO, Seth van der Meer, is very happy with the support and confidence from the new investors. “The investment grants us the opportunity to fight PICS and PICS-F in the country that has the highest number of ICU beds in the world. We are deeply grateful, and immensely excited, to be able to bring the digital diary to a growing number of US hospitals. The investment will also help us to keep improving our product and maintaining the highest privacy and security norms.”

Seth van der Meer

We All Journal Inc.

+1 929-581-7999

email us here

Visit us on social media:

Facebook (NASDAQ:META)

Twitter

LinkedIn

Read more on Kalkine Media

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.