DecideVR

Company Overview

Snapshot

Founded in December 2021 by Prof. Alex Mintz, DecideVR operates with 1-10 employees. The company has developed a virtual reality simulator designed to reduce medical errors in intensive care units, with a beta version currently being piloted in the U.S.

Business overview

DecideVR is a Health Tech & Life Sciences company specializing in Digital Healthcare and Medical Decision Support. The company develops a virtual reality simulator that identifies and reviews errors and biases in medical decision-making for doctors and interns in intensive care units (ICUs). Its proprietary engine collects and analyzes data points to provide personalized feedback reports and recommendations, initially focusing on cardiovascular ICU decisions. DecideVR serves the healthcare industry, specifically targeting providers such as hospitals and medical schools, with plans to expand simulations to other medical specializations and for nurses.

Strategic signal

In May 2022, DecideVR announced that its virtual reality decision support system, designed to combat medical errors in ICUs and ERs, was being trialed in nine hospitals worldwide. This signals significant market validation and potential for global expansion, demonstrating the company's progress in integrating its innovative VR simulation technology into clinical settings and addressing a critical need for improved patient safety.

Company Intelligence Q&A

What is DecideVR's core technology?

DecideVR's core technology is a virtual reality simulator designed to detect and review errors and biases in medical decision-making, providing real-time feedback and personalized recommendations to improve performance in intensive care units.

When was DecideVR founded and by whom?

DecideVR was founded in December 2021 by Prof. Alex Mintz.

What is the primary application of DecideVR's simulator?

The simulator primarily focuses on reducing errors and saving lives in intensive care units (ICUs), particularly in cardiovascular ICU decisions, by identifying weaknesses and strengths in medical decision-making.

What is the current status of DecideVR's product deployment?

In May 2022, DecideVR's virtual reality decision support system was being trialed in nine hospitals worldwide. A beta version of the simulator was also being piloted in the U.S. in December 2021.

What are DecideVR's future expansion plans?

DecideVR plans to expand its simulations to cover other medical specialties and sub-specializations, beyond cardiovascular ICU decisions. The company is also developing a version of the simulator specifically for nurses and aims to establish a Medical VR Forum to foster an ecosystem of medical VR companies.