Precipal (working title, we plan to incorporate in Dec/Jan)

Healthcare is facing a perfect storm:
1) An aging population 2) Economic challenges 3) Workforce shortages in healthcare 4) Rising healthcare costs 5) Government pressure to keep costs down.

To mitigate these problems, we believe significant parts of healthcare will rely on redesigning how and where care is delivered. Moving some of the care out of healthcare organizations and into the patients hands. This care delivery transformation is estimated to be a $420-550B opportunity over the next 10 years.

At Precipal (not yet incorporated) we apply a mix of computer-vision, sound, and AI to enable healthcare anytime, anywhere. This has the potential to reduce costs 5x compared to today. We are in testing phase with Novartis.

Team: Mark Forster HSG, Helmut Lasser, Alain Jaccard EPFL