Economic Assessment of the WaterDrop by York University for the NHS
Use the WaterDrop instead of an intravenous drip for rehydration and reduce costs by over 95% and reduce plastic waste by over 70%:
Background is that as part of the NHS Innovation Accelerator our product, The WaterDrop, has had an economic assessment done for the NHS by the University of York and established that if the WD is used to hydrate a patient instead of an I/V for rehydration the cost differential based on the cost of the equipment plus staffing and system costs is £370 for the drip and £14 for the WD. This is a colossal difference (95%+) Plus there is a 70% reduction in plastic use.
Mark Moran MBE selected to join the NHS Innovation Accelerator.
The WaterDrop has been announced as one of 11 innovations selected to join the award-winning NHS Innovation Accelerator (NIA) in 2020.
11 new innovators tapped to transform England’s NHS through national acceleration
The NHS Innovation Accelerator (NIA) has recently announced the 11 high impact innovations joining the national accelerator in 2020. At a launch event chaired by Professor Tony Young, National Clinical Lead for Innovation of NHS England and NHS Improvement, the 2020 cohort of Fellows presented their innovations to over 100 key stakeholders.
The innovations joining the award-winning NIA offer solutions supporting priority areas for England’s NHS as laid out in the NHS Long Term Plan. Their recruitment follows an international call and rigorous selection process, including review by over 100 clinical, patient and commercial assessors, an informal review by the National Institute for Health and Care Excellence (NICE), interviews, and due diligence. The newly appointed group includes a medically certified smartwatch app capable of detecting atrial fibrillation (AF), a device reducing the angst of parents by enabling faster ADHD diagnosis, and an artificial intelligence (AI) platform bringing patients’ voices to life to improve care.