Tag: innovative solutions

Israeli entrepreneurs have become well known for their seemingly innate ability to think outside the box.  In 1959, Simcha Blass sought to make the desert bloom by creating the world’s first drip irrigation system. More recently, Amit Goffer, a quadriplegic and CEO and founder of Argo Medical Technologies created a robotic exoskeleton that provides the disabled with the ability to walk again. The challenge (or thrill in a lot of cases) of solving a problem excites and propels Israeli inventors to come up with innovative solutions to solve these problems. Gidi Stein, founder and CEO of Israeli startup Medaware is no exception to this phenomenon. Solving prescription errors with big data solutions An estimated 1.5 million people are affected each year by prescription errors in the US alone, resulting in thousands of preventable fatalities. In addition, drug prescription errors are unfortunately a common occurrence that currently costs the average hospital around $5.6 million annually. Gidi Stein, who also serves as the deputy head of Internal Medicine at Rabin Medical Center, designed Medaware in an attempt to avert these drug...