Overview
Impact Medical Innovations is a privately held medical equipment manufacturing company based in Boca Raton, Florida. Established in 2011, the company concentrates on addressing significant global medical demands, focusing primarily on Women's Health and Point-of-Care Diagnostics.
Products and Innovations
Impact Medical Innovations is particularly known for the ClearSpec® Speculum, an FDA-approved device that enhances gynecological examinations. The company has licensed four additional technologies that align with women's health services and cancer diagnostics, reinforcing its commitment to medical innovation.
Mission and Goals
The mission of Impact Medical Innovations is to create technologies that ensure sustainable, affordable, and accessible healthcare services to a wide audience. This mission aligns with their broader vision of transforming medical solutions to address pressing global health issues.
Leadership Team
Navroze Mehta
- Position: Founder and CEO
- Experience: Over 15 years in early-stage medical device innovation
- Background: Syracuse University alumnus, member of the Young Presidents' Organization (YPO)
John Keady
- Position: President
- Experience: Extensive experience in driving sales and EBITDA growth; active in New Day Diagnostics and Impact Medical Strategies
Funding and Financial Overview
To date, Impact Medical Innovations has raised $250,000 in funding through a single round in 2014. The company remains focused on channeling its financial resources toward advancing product development and expanding market reach within its core areas of expertise.
Industry Position and Size
As a participant in the medical equipment manufacturing sector, Impact Medical Innovations operates with a small but committed team of 2-10 employees. The company enhances its market influence through strategic collaborations with entities like ClearSpec Medical LLC and KleenGel Medical LLC.
Strategic Focus
Impact Medical Innovations is exploring partnerships and technological advancements to heighten its influence in the women's health and diagnostic sectors. By addressing under-served medical needs, the company aims to play a pivotal role in the transformative healthcare landscape.
Competitor Profiling for Impact Medical Innovations
Key Competitors
1. Epic Systems Corporation
Overview: Founded in 1979, Epic Systems Corporation is renowned for its healthcare software solutions that enhance healthcare delivery through improved patient management and record keeping.
Market Position: Epic leads in electronic health records (EHR) with over 325 million records currently managed and is implemented in academic centers, community hospitals, and specialty clinics.
Technology and Innovation: Epic reinvests 35% of its operating expenses in research and development, ensuring continuous innovation and topping the KLAS software suite rankings for 14 years.
[Explore more about Epic Systems](https://www.epic.com/about/).
2. CenTrak
Overview: Dominant in the Real-Time Location Systems (RTLS) market in North America, CenTrak delivers solutions that enhance operational efficiency and patient care.
Market Position: Recognized in over 2,000 healthcare facilities, including half of Becker's top 100 hospitals, CenTrak's RTLS solutions are highly esteemed.
Technological Edge: CenTrak offers actionable data on location and environmental conditions, earning a place as a visionary in the Gartner Magic Quadrant for Indoor Location Services.
[Learn more about CenTrak](https://centrak.com/company/about).
3. Viveve Medical, Inc.
Overview: Specializing in women's sexual health, Viveve Medical provides non-invasive devices for vaginal laxity and stress urinary incontinence treatments.
Market Presence: Operating from Englewood, Colorado, Viveve markets its products using its proprietary Cryogen-cooled Monopolar Radiofrequency technology, across both North America and international markets.
Product Portfolio: The core offering, the Viveve System, comprises radiofrequency generators distributed via direct sales and distribution networks.
[Viveve Medical's corporate profile](https://www.viveve.com).
4. SwipeSense
Overview: Based in Chicago, SwipeSense delivers tech solutions that emphasize safety, efficiency, and predictability through applications centered on real-time location.
Corporate Developments: Following its acquisition by SC Johnson in 2020, SwipeSense has advanced its platform's features like electronic hand hygiene monitoring and asset tracking.
Market Impact: Hospitals utilize SwipeSense's solutions for data-driven improvements to enhance patient safety and operational efficiency.
[Discover SwipeSense](https://www.swipesense.com/about/).
5. Carepatron
Overview: Carepatron offers an exhaustive healthcare management platform designed to streamline healthcare workflows.
Product Features: The platform offers services such as billing, clinical notes, and telehealth, aimed at automating healthcare processes.
Growth and Funding: Since launching in 2021, Carepatron has secured multiple rounds of funding, growing rapidly to serve 10,000 teams by 2024.
[Visit Carepatron for more information](https://www.carepatron.com/about).
