Angel investors typically are wealthy individuals or families who have the means to risk their capital and give freely of their time to mentor entrepreneurs in the startup phase of a business. These investors help entrepreneurs before they seek venture capital but after they’ve exhausted money from friends and family. Jared Pelo notes: “Tamiami Angel Fund invested at a critical juncture in the growth of the company and in addition to the investment offered sage business advice.”Īngel investing is an important source of financial support and mentoring for new and emerging-growth businesses such as iScribes. But I also knew it would take technology that worked seamlessly to make scribing accessible,” says Dr. “My first medical scribe was a breath of fresh air. Pelo found something that fixed the problem. In fact, the adoption of widespread electronic medical records just made matters worse for overworked doctors, nurse practitioners and physician assistants.” Counterintuitively, technology didn’t seem to help. “Once I started practicing medicine, I quickly saw how burdensome documentation had become. IScribes began out of the frustration of co-founder, Dr. iScribes has incorporated leading security features to ensure that their technology is 100% HIPAA compliant.
IScribes equips physicians with a mobile app and wearable technology to record patient visits, enabling trained virtual medical scribes to complete all necessary medical documentation. “Angel investors take significant risk on early stage companies with the understanding that only a few will reach successful exits and we are proud to say this was one of them.” “Our investment in iScribes was the kind of home run that angel investors want to hit when they invest in early stage companies,” says Timothy Cartwright, chairman of Tamiami Angel Funds. The fund invested $265,000 in the transcription service for physicians in July 2017, about four months before the company was acquired for an undisclosed amount later in 2017. Naples-based Tamiami Angel Fund III reported internal rate of return of 32% on investment in iScribes after publicly traded Nuance Communications acquired it. 25, 2018) - Tamiami Angel Funds scored an investment win recently when one of the firms it invested in was acquired by a publicly traded company. Tamiami Angel Fund III investors notched the highest return on an investment since the fund’s inception. (NARRATOR)3M M*Modal Fluency Direct is the market leading speech driven closed loop documentation system with game changing CAPD functionality.(DESCRIBED VIDEO)3M� M*Modal Fluency Direct with computer-assisted physician documentation (CAPD) text appears on screen with contact information: 80 and 3m.Naples Angel Fund Posts Big Win for Investors Doctor stands up and walks away from his desk. (NARRATOR)Fluency Direct has high out of the gate accuracy with a robust library of templates and voice commands.DOCTOR)Click save.(DESCRIBED VIDEO)Doctor completes the record and gives the voice command to save. (NARRATOR)With CAPD, Fluency Direct combines documentation creation, CDI, and best practices into a seamless workflow to ensure complete compliant clinical notes.(DESCRIBED VIDEO)We see a close-up of the documentation record on screen as the doctor instructs the system to make an edit for clarity based on a nudge. Show CAPD.(DESCRIBED VIDEO)We see a close-up of real-time transcription with system nudges related to specificity and health conditions (NARRATOR)A single cloud-based user profile provides unmatched portability and security for anywhere, any time and from any device accessibility.
CT scan was negative for stroke but he was found to have a UTI.(DESCRIBED VIDEO)Voice-to-text transcription of the doctor�s dictation appears on screen as he dictates. He was there because of a fall and confusion and is known to have congestive heart failure and hypertension.
He picks up a dictation microphone and begins dictating.(DOCTOR)The patient is a 66-year-old male that came in today for follow-up after a visit to the ED six days ago. (DESCRIBED VIDEO)We see a doctor sitting at a computer. 3M� M*Modal Fluency Direct Video � Descriptive Transcript(NARRATOR)3M M*Modal Fluency Direct with computer-assisted physician documentation functionality enables clinicians to create complete and compliant narrative reports from anywhere directly in their EHR systems.(DESCRIBED VIDEO)Video opens with text appearing on screen that reads 3M� M*Modal Fluency Direct with computer-assisted physician documentation (CAPD)(DOCTOR)Insert soap template.
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