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| The Bird Foundation to provide funding for the OR-Flow™ System at Cedars-Sinai |
| Jun,2008 |
Tel Aviv, Israel, June 18th, 2008
The Bird Foundation announced today that MediViz Systems, a provider of perioperative case-flow management systems will receive funding for the Operating Room Decision Support System at Cedars-Sinai.
About the BIRD Foundation
The BIRD (Binational Industrial Research and Development) Foundation works to encourage cooperation between Israeli and American companies in the various areas of technology, and provides free assistance in locating strategic partners from both countries for developing joint products.
During its 31 years, the BIRD Foundation has invested in more than 780 projects, which have yielded direct and indirect revenues of about $8 billion.
The BIRD Foundation supports projects without receiving any rights in the participating companies or in the project itself. The financial assistance is repaid as royalties from sales. The Foundation provides support of up to 50% of a project’s budget, beginning with R&D and ending with the initial stages of sales and marketing. The Foundation shares the risk and does not demand that the investment be repaid if the project fails to reach the sales stage.
The BIRD Foundation works in full cooperation with the Chief Scientist’s Office at the Ministry of Trade, Industry and Employment in Israel, and with the U.S. Commerce Department’s National Institute of Standards and Technology (NIST)
About MediViz Systems
MediViz facilitates proactive decision making in high acuity (OR, ICU, ED) environments. The OR-Flow™ system is utilized for management of the perioperative suite on the day of the surgery. Its effectiveness is evidenced during both on-going and subsequent processes.
MediViz provides an innovative range of solutions that significantly increase revenues and improve operational efficiency in high-acuity areas. MediViz helps streamline operations, optimize case-flow, and supports resource-based decision-making.
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