Medwise AI wins Innovate UK SMART Grant
Unwarranted variation in clinical care costs the NHS in England £5 Billion per year
An Innovate UK-funded pilot estimated Medwise could create a £20 million cost saving
for NHS England on clinician searches relating to COVID-19 aloneClinicians save 2.6 minutes on average per search with medwise.ai
The £311,000 grant will fund the expansion of the medwise.ai search platform into
secondary care and support the acute medicine workforce
[LONDON, 22 MARCH] UK startup Medwise AI Ltd has been awarded a £311,000 Innovate UK Smart Grant to expand their artificial intelligence-powered clinical question-answering search platform into secondary care settings.
The 18-month project kicked off this month and will drive the evolution of the Medwise platform to support the health care workforce in acute medicine, enable NHSx Digital Technology Assessment Criteria (DTAC) certification and review the technology within an academic research study. Medwise is partnering with 8fold governance on DTAC and will work together with Ysbyty Gwynedd, part of Betsi Cadwaladr University Health Board, on a time-motion study to generate clinical evidence of the benefits of the search platform.
The search platform for healthcare professionals
Founded in 2019, Medwise AI Limited (medwise.ai) is a Cambridge-based digital health company on a mission to empower healthcare professionals to do their best work and provide better care to patients. Medwise’s highly customisable search platform based on AI and natural language processing technology assists healthcare professionals in getting accurate clinical information at the point of care, searching a wide range of trusted national and local medical sources to help healthcare professionals get trusted and reliable answers to their clinical questions.
The Covid pandemic has increased pressure on the NHS and on clinicians. Over 6 million biomedical journals are published each year and, with clinical guidelines changing frequently, it is not humanly possible for healthcare professionals to assess all the available medical literature. Using Medwise’s search platform, clinicians save 2.6 minutes on average per search in consultations, allowing them to focus on what they do best: provide the best patient care.
An Innovate UK-funded pilot focused on Covid-related clinician searches estimated that medwise.ai could save NHS England £20 Million per year. In response to demand from clinicians, the platform is now expanding into additional specialty areas such as acute medicine.
Commenting on the achievement, Dr. Keith Tsui, co-founder of Medwise, said: “Receiving the grant from Innovate UK is a huge endorsement for us, recognising the importance of an innovation that takes care of the overstretched clinical workforce and improves the lives of patients at the same time.”
Dr. Chris Subbe, Consultant Physician in Acute Medicine and Clinical Senior Lecturer at Bangor University, said: “With the increasing speed at which knowledge generates new guidelines, doctors are fighting to keep up to date. The project with Medwise offers a potentially dramatically different way to access knowledge that matters right at the bedside. Having life-saving information available when it matters most is an amazing prospect.”
Lyndon Johnson, CEO at 8fold Governance, said: “Medwise.ai is fast becoming an integrated support function for the UK health sector, helping clinicians to find verified medical information at the touch of a button. At 8fold Governance, we’re proud to support Keith and Medwise.ai’s journey to market, ensuring that the solution continues to maintain the highest standards of compliance and information governance.”