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Founded Year

2014

Stage

Incubator/Accelerator | Alive

Total Raised

$3.4M

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About CareTaker Medical

CareTaker Medical is a wireless patient monitor. It uses only a finger cuff to measure continuous beat-by-beat blood pressure, heart rate, and other physiological parameters enabling remote patient monitoring via its secure Android app, cloud portals, or interfaced with other patient monitoring systems.

CareTaker Medical Headquarters Location

Suite 301 941 Glenwood Station Ln

Charlottesville, Virginia, 22901,

United States

434-260-1601

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CareTaker Medical's Products & Differentiation

See CareTaker Medical's products and how their products differentiate from alternatives and competitors

  • VitalStream

    The world's only Wireless Wearable with FDA Clearance for Continuous "Beat by Beat" Blood Pressure, Cardiac Output, Hemodynamics, and Vital Signs

    Differentiation

    Non-Invasive, Wire-Free alternative to invasive A-Lines and Swan-Ganz catheters for continuous hemodynamic monitoring remotely from anywhere. 

Expert Collections containing CareTaker Medical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CareTaker Medical is included in 6 Expert Collections, including Medical Devices.

M

Medical Devices

11,820 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

D

Digital Health

13,114 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,853 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

H

Health Monitoring & Diagnostics

840 items

Companies offering products that help assess patients’ state of health and well-being from a distance. Tagged as #RemoteMonitoring&Diagnostics

H

Health IT

8,881 items

H

Health Plans & Benefits Management

220 items

CareTaker Medical Patents

CareTaker Medical has filed 2 patents.

The 3 most popular patent topics include:

  • Cardiology
  • Blood pressure
  • Cardiac anatomy
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/4/2018

1/25/2022

Sensors, Electrical signal connectors, Medical equipment, Measurement, Cardiology

Grant

Application Date

12/4/2018

Grant Date

1/25/2022

Title

Related Topics

Sensors, Electrical signal connectors, Medical equipment, Measurement, Cardiology

Status

Grant

Latest CareTaker Medical News

FDA Clears Caretaker Medical’s Wireless Monitor

May 31, 2022

VitalStream, featuring Patented Pulse Decomposition Analysis technology, provides continuous blood pressure and advanced hemodynamics. Michael Barbella, Managing Editor05.31.22 Caretaker Medical  has received U.S. Food and Drug Administration (FDA) 510(k) clearance for four new continuous hemodynamic parameters, adding cardiac output, stroke volume, heart rate variability, and left ventricular ejection time to its VitalStream non-invasive patient monitoring platform. The company’s fifth FDA clearance expands the capabilities of its VitalStream wireless wearable, which is built for high-acuity, ICU-grade hemodynamic monitoring without limiting patient mobility or requiring invasive catheters and wires that tether patients to bedside equipment. “Post-operative hypotension is a frequent occurrence that is unrecognized with intermittent spot checks-based monitoring in most hospital ward patients. Myocardial injury is strongly associated with hypotension in this period of recovery from surgery,” said Ashish Khanna, M.D., associate professor, vice chair for Research, Department of Anesthesiology, Section on Critical Care Medicine at Wake Forest University School of Medicine Center. “With FDA Cleared wireless wearable technology we can now continuously monitor a patient’s changing hemodynamic status through surgery and their entire hospital stay. The ability to noninvasively see beat-by-beat blood pressure and hemodynamic deterioration in real time allows us to make early interventions and potentially improve outcomes.”   The new advanced hemodynamic measurements are built on Caretaker’s proprietary Pulse Decomposition Analysis (PDA) waveform analysis technology which uses a simple and comfortable Finger Sensor to measure continuous cuffless blood pressure and  hemodynamics to eliminate “blind-spots” between manual spot-check measurements and enable high-acuity, uninterrupted monitoring across the continuum of care, including critical-care, sub-acute, emergency, medical-surgical floors, hospital-at-home and other environments. VitalStream provides actionable, beat-by-beat data to help clinicians identify patient deterioration earlier, intervene earlier, and optimize treatment decisions such as whether and when to administer fluids, drugs, or therapies. Continuous hemodynamic monitoring is performed to assess the impact that surgery, anesthesia or critical illness may have on a patient and to guard against adverse outcomes from hypotension or hypoperfusion. Post-operative hypotension is common and strongly associated with major vascular events. Complications of untreated hypotension with poor cardiac output can be severe and may lead to multi-organ failure and ultimately death.i Compared to existing invasive monitoring and expensive non-invasive alternatives, Caretaker Medical’s wireless and non-invasive advanced hemodynamic parameters are expected to reduce risk and cost, increase patient mobility, and enable clinicians & patients to benefit from comfortable, continuous, high-acuity monitoring. VitalStream is a non-invasive alternative to invasive A-Lines, arterial catheters, and intrusive hemodynamic methods, enabling ICU-grade patient monitoring across all points of care to provide clinicians with streaming patient data for early indications of patient deterioration, faster life-saving interventions, and better treatment decisions. VitalStream’s continuous beat-by-beat hemodynamics, waveforms, and vital sign data can be streamed remotely to the company’s mobile app or secure cloud portal or integrated into other monitoring systems and EMR’s with its FDA-cleared software interface SDK’s. “This FDA Clearance adding advanced hemodynamics to our wireless VitalStream platform reaffirms our strategy and leadership in developing new ICU-grade parameters never before available in one mobile device,” said Jeff Pompeo, Caretaker Medical’s CEO. “We are proud to offer the world’s only wireless wearable to be clinically validated and FDA cleared to measure continuous blood pressure, cardiac output, and other hemodynamic parameters continuously, non-invasively, and wire-free. With VitalStream’s disposable Finger Sensor, 30-second setup time and intuitive workflow to boost nurse productivity, there is simply no reason for clinicians to rely on intermittent, spot-check measurements with ‘blind spots’ that miss critical clinical insights or endure wires and hoses that tether patients to bedside equipment.”   Perioperative studies show continuous hemodynamic monitoring could  save an estimated $970 per patientii and up to $1.2 million to $4.6 million for a hospital with 10,000 non-cardiac surgical patients per year.iii    The VitalStream wireless hemodynamic monitor is available immediately in the United States and is expected to be sold in Europe and Asia later this year. Caretaker Medical, founded in 2014, is a Charlottesville, Va., based digital health company focused on developing wireless, high-acuity, continuous patient monitoring platforms that improve outcomes, increase clinician productivity, and maximize patient compliance and comfort. References i Sharma S, Hashmi MF, Bhattacharya PT. Hypotension. [Updated 2022 Feb 16]. In: StatPearls [Internet]. Treasure Island (FL): StatPearls Publishing; 2022 Jan-. Available from:  https://www.ncbi.nlm.nih.gov/books/NBK499961/ ii Manecke GR, Asemota A, Michard F. Tackling the economic burden of postsurgical complications: would perioperative goal-directed fluid therapy help? Crit Care. 2014 Oct 11;18(5):566. doi: 10.1186/s13054-014-0566-1. PMID: 25304776; PMCID: PMC4207888. iii Keuffel EL, Rizzo J, Stevens M, Gunnarsson C, Maheshwari K. Hospital costs associated with intraoperative hypotension among non-cardiac surgical patients in the US: a simulation model. J Med Econ. 2019 Jul;22(7):645-651. doi: 10.1080/13696998.2019.1591147. Epub 2019 Mar 25. PMID: 30838899. Related Content

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  • When was CareTaker Medical founded?

    CareTaker Medical was founded in 2014.

  • Where is CareTaker Medical's headquarters?

    CareTaker Medical's headquarters is located at Suite 301, Charlottesville.

  • What is CareTaker Medical's latest funding round?

    CareTaker Medical's latest funding round is Incubator/Accelerator.

  • How much did CareTaker Medical raise?

    CareTaker Medical raised a total of $3.4M.

  • Who are the investors of CareTaker Medical?

    Investors of CareTaker Medical include MedTech Innovator, IrishAngels, Felton Group, Philips, Ming Capital and 3 more.

  • Who are CareTaker Medical's competitors?

    Competitors of CareTaker Medical include Omron, Eko, VitalConnect, Fresenius Medical Care, AliveCor, Masimo, Biofourmis, EarLens, Cardiac Insight, Hillrom Holdings and 33 more.

  • What products does CareTaker Medical offer?

    CareTaker Medical's products include VitalStream.

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