1. 4 | THE NEXT 10 - 2016
A L A U N U S , A C C E L E R A T O R C E N T R E
Andrew Ringer is on a mission to
revolutionize delivery of healthcare from
days to minutes. His healthtech startup
Alaunus, is creating an easy to use
and practical management solution for
home care, clinics and mobile providers
allowing them to eliminate the countless
hours and days they currently spend on
paperwork and administration.
With our population aging, the demand for
home healthcare is increasing exponentially.
In 2011, an estimated 5.0 million Canadians
were 65 years of age or older, a number
that is expected to double within the next
25 years. This puts new pressure on
healthcare providers, who need to increase
their efficiency to cope with the constant
growing patient loads.
“The healthcare industry is still very old
school and paper oriented when it comes to
technology,” explains Andrew. “Most home
health care providers did not grow up in
the technology generation, and still rely on
inefficient paper-based processes. It’s
causing them to lose money and impacting
productivity.”
Growing up, Andrew was always at his best
friend’s house, spending his after school
moments watching his friend’s mom,
who is a nurse, work long hours filling
out paperwork and completing
administrative work.
“She would complain about all this
paperwork taking her hours to file.
Sometimes she’d lose important documents.
She absolutely hated it,” explains Andrew.
As he embarked on entrepreneurship after
graduating from Wilfrid Laurier University,
he made it his personal mission to solve
the challenge first hand. And so, Alaunus
was born.
Alaunus’ product is a simple to use mobile
platform that allows caregivers to spend more
time with their patients and less time with
their paperwork (contracting, scheduling,
billing and expenses). The company has
already helped its clients shorten patient
intake from 3-4 hours to just 10-15 minutes,
and payroll from 4-5 days to 10-15 seconds. It
is rapidly becoming the new go-to technology
in the healthcare industry.
Andrew is confident Alaunus can help the
healthcare industry become more efficient
and productive. Fueled by $250,000 pre-
seed financing round, Alaunus was able to
land its first few customers shortly after
launching the business, and today, has
thousands of care providers and patients
using its platform.
Andrew generously credits the Waterloo
Accelerator Centre with helping him achieve
the success he has realized to date. “Joining
the AC was probably one of the best
decisions for the growth and development
of Alaunus,” says Andrew. “The exposure to
all the mentors at the AC was incredible and
they cannot be thanked enough. No one will
fail or succeed because of the Accelerator
Centre but it will give you the right tools to
succeed faster and greater than you could
on your own.”
From Days to Minutes
Alaunus Brings Big Benefit to Healthcare Delivery
VIST: http://www.rtparkwatch.com/April 2016 for an extended version of this article.
4 | THE NEXT 10 - 2016
L to R: Jesse Lubin, Hemanth Kona, Andrew Ringer (Founder & CEO), Iegor Benzyk, Malik Ibrahim