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British MedTech Rinicare poised to respond to the challenges of the new healthcare environment

Manchester based clinician-led digital health company, Rinicare, has further strengthened its foundations with the appointment of a new Managing Director and the closure of a finance round, which included investment from the Future Fund.

Whilst many have long since appreciated the benefits digital technology can bring to healthcare, the scale and pace of digital transformation in the UK has, often, been modest. However, since the COVID-19 pandemic began, the MedTech industry has been thrust into centre stage as the world looks for more efficient ways of delivering healthcare in this rapidly changing environment.

The new MD, Dr Anthony Holmes, has taken up the post having worked with Rinicare in a consultancy role over the past few months. Anthony’s career spans both medical and technology sectors having gained significant experience working with several cutting-edge machine learning and computer vision firms in the digital entertainment, industrial inspection, and healthcare industries. He also holds a PhD in machine learning applied to breast cancer identification. Most recently Anthony has been working with UK based SMEs to help commercialise AI based software solutions that have a particular focus on medical applications.

Holmes’ initial priority will be to oversee the first trial deployment of their new clinical solution, Stability UO, in a large NHS hospital in Greater Manchester later this year. Stability UO is designed for use in a critical care setting and helps the clinical team identify patients at increased risk of low urine output, a strong risk factor for Acute Kidney Injury, a common and serious condition that affects up to 20% of hospital admissions. The annual cost of AKI-related inpatient care in England alone is estimated at £1.02 billion, about 1% of the NHS budget. Early identification of risk in these patients increases clinician confidence and can support intervention or discharge decisions, improving patient outcomes and freeing up valuable resources.

This was posted in Bdaily's Members' News section by VPR .