Investors

Investor Information

Clear Protocol® was specially designed to be used at the point of care, hands-free, in a practical way.  A solution such as Clear Protocol® "…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®, 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


Microsoft's recent $21B HoloLens deal with the US Military and announcements by both Apple and Facebook underscore the importance that Assisted Reality is expected to play in the future. Current and upcoming AR hardware includes Vuzix Blade, Microsoft HoloLens, Epson Moverio, Magic Leap, Everysight Raptor, and Lenovo ThinkReality.


In addition, Microsoft's recent acquisition of Nuance for voice processing also validates the use of voice recognition in clinical settings.

Competitive Advantage

We are the first comprehensive patented solution that: 

- Operates on smart glasses, 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.


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 of Central Michigan University, Healthcare Informatics
  • 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

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® 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 retrieved September 26th, 2023. Website of The Office of the National Coordinator for Health Information Technology (ONC). Under the second paragraph entitled: "Clinical Decision Support Promotes Patient Safety".

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

March 10th, 2023

Share by: