Synthium Health

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Synthium Health ICO details

Start Date: 2017-11-27

End date: 2018-1-16


About Synthium Health

Synthium Health provides a unique networking marketplace that brings together healthcare providers and suppliers for simplified, efficient and cost-effective exchanges that build businesses. Using advanced technologies and the best practices, Synthium Health’s automated platform creates efficiencies and maximizes revenues, all the way through the supply chain process. It empowers suppliers to extend their reach, sell faster, cut down on operational costs and deliver consistent buyer experiences across all touchpoints. Synthium Health also plans to collaborate with leading logistics partners to further serve the industry.

Major solutions provided by Synthium Health include:

  • Private block chains and inter-enterprise networks for improved security and visibility
  • Integration with multiple business partners such as hospital systems, 3PL, supplier systems and more – Manufacturers can “Go direct” and reduce operational costs
  • “Just-in-time” delivery of products by integrating with hospital information systems
  • Content Management to showcase and manage products and services for manufacturers
  • Digital commerce for automating the processes of orders, inventory management, billing and settlements for the provider institutions
  • Reporting and Analysis tool to help suppliers gain a better understanding of strategies that work and those that don’t to make better and informed decisions
  • Ability of manufacturers to interact with customers for feedback and ratings to fuel product innovation/improvements
  • Tool to align with global standards of delivery
  • Unified healthcare marketplace will decrease counterfeits and grey-market vendors, therefore increasing patient safety and revenues of legitimate manufacturers

Team

Vijay Reddy

CEO/CTO

George Kruythoff

Director of Sales Operations

Yamini Vedhire

Chief Financial Officer

Satish Jamwal

Product Development Manager

Synthium Health Advisors

Kurt Blasena

Chief Revenue Officer, Healthgrades

Ruby Raley

VP Sales, Axway

Pete Schommer

Senior Director of Marketing, Medtronic

Leslie Teso-Lichtman

Partner & Financial consultant, CereVasc, LLC

Joseph Chiarelli

Managing Partner, Chiarelli & Company

Dave Johnson

COO, US Acute Care Solutions

Jeff Daniels

CEO, Bingham Memorial Hospital

Rick Curtis

President, Polymer Technology Company

Lisa Kilawee

Regional VP, Caravan Health

Moises Faidengold

President and Co-Founder, Medsigns Imaging

Milestones

October 15, 2013
Concept – Research – Survey Seed Funding of $500K by founder. Customer Research & Surveys conducted
January 1, 2014
Lead – Hire – Develop Founder developed the back end Hired and managed a global team of designers and engineers.
April 1, 2014
Team – Add – Emerge – Expand Built the Production Servers & Network Architecture. Advanced User Testing Added Sales & Marketing Professionals
July 1, 2014
Document – Market – Sell Developed Pricing and Marketing Strategies. Review of Exchange Rules & User Agreements by FDA Legal Counsel. SEO/marketing efforts start and first foreign client signed.
July 9, 2015
Improve – Expand – Grow Tested & Launched platform. Added new members and initiated advanced partnership talks with major players.
January 5, 2016
Memberships Various prospects were approached and started member enrollments
February 8, 2017
Platform Enhancements Continued platform enhancements to include surgery management module
August 31, 2017
TGE Announcement Token Generation Event announcement
October 17, 2017
Created and Deployed Wallet Ethereum based wallet deployed to manage digital assets like storing, buying, selling or transferring SHP tokens.
January 1, 2018
Block chain – Data Center – Sales & Marketing Implement the Block chain technology as well as enhance the sales and marketing efforts and data center capabilities
May 1, 2018
Guided Navigation Engine AI based interactive tool that assists clinicians to compare product features and functionalities across multiple suppliers/models
September 1, 2018
Partner with Synergistic Businesses Establish partnerships with 3PL and other synergistic business
January 1, 2019
Global Expansion Explore global growth opportunities and bring in direct to home initiatives

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