Predictmedix AI Inc. (CSE:PMED, OTCQB:PMEDF) has extolled the benefits of its Safe Entry Stations solution which promises to revolutionize the healthcare industry, by streamlining the patient screening process.
The Safe Entry Stations, which are now utilized by BPS Women's Medical College in India, can screen patients for 15 vitals in just 17 seconds, a process that ordinarily in the past took roughly 20 minutes per patient.
The integration of Predictmedix AI's technology into hospital settings has been highlighted as a potential means to achieve 10% savings in healthcare operational expenditures, the company noted.
It highlighted that Safe Entry Stations automate the initial screening process, reducing labor costs, enhancing patient flow, and implementing preventive measures against contagious illnesses.
"In the realm of healthcare innovation, Predictmedix AI's Safe Entry Stations showcase the effective merging of technology and healthcare,” chief operating officer Rahul Kushwah said in a statement.
“Driven by our dedication to advancing patient care and operational efficiency, we are shaping a new paradigm in healthcare practices.
“By automating screening processes and optimizing resource utilization, our Safe Entry Stations offer not only tangible cost savings but also the assurance of enhanced patient safety and well-being.
“The evolution of Safe Entry holds promise for both our company and shareholders, as we continue to shape valuable contributions within the healthcare sector and drive positive change."
Today’s stock market statement comes as the company’s technology garners increased media attention in India.