MedReady
- Company typePrivate
- Founded1999
- HeadquartersTorrance, United States
- Headcount1–10
- GTM typeB2C
- OfferingHardware or Manufacturing
MedReady firmographics
Firmographics- Name
- MedReady
- Legal name
- MedReady, Inc.
- Website
- https://medreadyinc.net
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
MedReady industry classification
Industry- Product category
- Medical Devices
- NAICS
- Home Health Care Services (62161)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers) (HLACAPAH)
- akta.pro secondary industries
- Remote Adherence Monitoring & Smart Dispenser Services (HSABALAI), Medication Adherence, Reminders & Patient Support (HLACAKAF)
Keywords
Where MedReady is headquartered
LocationHeadquarters
- HQ city
- Torrance
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MedReady business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales: One-time sale of automated medication dispenser devices. Prices range from $149 for basic non-monitored models to $307 for cellular monitored units. Includes accessories and replacement parts.
- Monitoring Subscription: Monthly monitoring service at $16/month with 2-month minimum commitment. Optional prepaid plans at $96 for 6 months or $192 for 12 months. Provides remote compliance monitoring, caregiver alerts, and online portal access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | MedReady MR-357FL Cellular Monitored with Flashing Light - $307 |
| Subscription | Monthly | MR-357FL Monitoring - $16/month |
| One time/ perpetual license | Pay-as-you-go | MedReady MR-357 Cellular Monitored - $297 |
| One time/ perpetual license | Pay-as-you-go | MedReady 1750 Landline Monitored - $196 |
| One time/ perpetual license | Pay-as-you-go | MedReady 1750FL Landline Monitored with Flashing Light - $207 |
| One time/ perpetual license | Pay-as-you-go | MedReady 1700 Non-Monitored - $149 |
| One time/ perpetual license | Pay-as-you-go | MedReady 1700FL Non-Monitored with Flashing Light |
| One time/ perpetual license | Pay-as-you-go | MedReady 1700PRN As-Needed Dispenser - $159 |
| Unit Pricing | Pay-as-you-go | Replacement Parts & Accessories |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
MedReady product offering
Product offeringCore offering
MedReady manufactures and sells automated medication dispensers that hold up to 28 doses and dispense up to four times per day, available in non-monitored (1700/1700FL/1700PRN), landline-monitored (1750/1750FL), and cellular-monitored (MR-357/MR-357FL) variants. Monitored devices transmit real-time compliance data to MedReady's own Level 3 data center and notify caregivers via email, text, and automated phone calls when doses are missed. The company also sells optional $16/month monitoring subscriptions and a catalog of replacement parts and accessories.
Product overview
MedReady offers a portfolio of automated medication dispensers designed to improve medication adherence, particularly for elderly and chronic disease patients. The product line consists of two main categories: non-monitored dispensers (1700, 1700FL, 1700PRN) that provide local alarms only, and monitored dispensers (1750, 1750FL landline-based; MR-357, MR-357FL cellular-based) that transmit compliance data to MedReady's servers and alert caregivers via email, text, and automated calls when doses are missed. All devices feature tamper-resistant lock-and-key designs, hold up to 28 doses, and support 1-4 daily dosing schedules. The FL variants include flashing lights for hearing-impaired patients, while the 1700PRN supports as-needed (PRN) medication regimens. The company also sells replacement parts and accessories. The ecosystem is tied together by a proprietary Caregiver Online Portal for remote monitoring and device management.
Differentiator
Problem solved
Functional benefit
Products and services
- MedReady 1700 Non-monitored automated medication dispenser with a built-in audible alarm; holds 28 doses and dispenses 1–4 times per day with a tamper-resistant lock and key for secure medication storage.
- MedReady 1700FL Non-monitored automated medication dispenser with both an audible alarm and a flashing red light for hearing-impaired patients; holds 28 doses, dispenses 1–4 times per day, with each alert type independently enable/disable.
- MedReady 1700PRN Non-monitored automated medication dispenser designed for PRN (as-needed) medication regimens with programmable minimum dose intervals from 15 minutes to 24 hours and a visible countdown timer; tamper-resistant but not a medication safe.
- MedReady 1750 Landline-monitored automated medication dispenser that uses Plain Old Telephone Service (POTS) to communicate with MedReady servers, alerting caregivers via email, text, and automated phone calls when doses are missed; supports remote adjustment of alarm times and schedules.
- MedReady 1750FL Landline-monitored automated medication dispenser with a flashing light and low-frequency buzzer for hearing-impaired patients; combines POTS connectivity with visual and audible notifications and remote caregiver notifications of non-compliance.
- MedReady MR-357 Cellular-monitored automated medication dispenser with an internal cellular module that requires no landline or internet at the dispenser location; sends compliance data in real time to MedReady servers and alerts caregivers via email, text, and automated calls when doses are missed.
- MedReady MR-357FL Cellular-monitored automated medication dispenser with a flashing red light and low-frequency buzzer; combines cellular connectivity with visual and audible notifications, up to 48-hour battery backup, and access to the Caregiver Online Portal for remote device management and compliance logs.
- MedReady Replacement Parts and Accessories Replacement components for MedReady dispensers including A/C adapters ($10.50), rechargeable battery packs ($12.85), replacement keys ($4.95), medication trays ($15.95), clear plastic covers ($12.95), blue lids with and without lock ($36.50–$51.95), combo tray+cover, battery doors, replacement gears ($18.95), and 3x/4x daily loading templates.
- MedReady Monitoring Subscription Monthly remote-monitoring service at $16/month (2-month minimum commitment) for monitored MedReady dispensers, with prepaid options of $96 for 6 months or $192 for 12 months; provides real-time compliance data, caregiver email/text/automated-call alerts when doses are missed, and access to the online compliance portal.
Quantifiable outcome
- 96.7% medication compliance adherence rate (85.6% on time, 11.1% after caregiver notification, 3.3% missed)
- +3 more outcomes
Companies that use MedReady
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles2 records
MedReady technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
MedReady partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- KorecoreMedReady announced partnership with Kore. Kore is a provider of IoT connectivity solutions. This partnership enhances MedReady's cellular monitoring capabilities and device connectivity services.
- Cellular Aggregators (Multiple)coreMedReady partnered with several cellular aggregators to provide global cellular service. This enables monitoring in multiple countries including Australia, Belgium, Denmark, Hungary, Philippines, and Slovak Republic. The aggregators provide SIM-based network connectivity for MedReady's cellular-enabled medication dispensers.
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
MedReady competitors and assessment
Company assessmentDirect peers
- Hero Health: Direct competitor in automated medication dispensers, offering a connected, app-enabled pill dispenser with caregiver alerts. Targets the same elderly and chronic-condition population with a more consumer-product-oriented design.
- MedMinder: Direct peer offering cellular-connected automated pill dispensers with remote caregiver monitoring, pharmacy fulfillment partnerships, and pre-filled trays — overlapping strongly with MedReady's monitored dispenser line and institutional customer base.
- TabTimer: Specialist vendor of timed medication reminders and pill dispensers, including vibrating and locking dispensers for dementia and addiction recovery — closely comparable niche product range to MedReady.
- e-pill Medication Reminders: Long-standing retailer of locked, alarmed pill dispensers and timed medication reminder devices for elderly and disabled populations. Direct category overlap with MedReady's non-monitored dispenser line.
Emerging players
- AdhereTech: Smart pill bottle maker with cellular monitoring and adherence alerts to patients and providers. Same adherence-monitoring product category but uses the bottle form factor rather than the dispenser form factor MedReady sells.
- Dosentrak / Livon MorphaBox: Maker of the Mediplanner and MorphaBox automated dispensers marketed for clinical and home adherence; an emerging niche player overlapping with MedReady's monitored and PRN product lines.
Broad incumbents
- Pria by Stanley Black & Decker: Medication-dispensing companion robot launched by Stanley Black & Decker with reminder and caregiver features. Targets the same senior aging-in-place market with the resources of a large industrial conglomerate.
- Philips Medication Dispensing Service: Philips offers an automated medication dispensing service aimed at seniors aging in place, a direct functional overlap with MedReady's monitored dispensers but backed by a global medtech incumbent with broader healthcare distribution.
- Lively (Best Buy Health): Best Buy Health's aging-in-place platform bundling medical alert, fall detection, and medication management services. Competes with MedReady's home-security-company distribution channel and overlapping end users.
Others
- Memotext: Medication adherence software and SMS/voice reminder platform sold to payers and pharma; adjacent rather than directly competitive, but targets the same adherence-outcome problem for payers that MedReady's monitored devices also serve.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MedReady social profiles
Digital presenceMedReady compliance and trust
Trust signalCompliance1 record
MedReady financial estimates
Financial estimateRevenue estimate
Valuation estimate
MedReady leadership team
Management profileNumber of profiles
Profiles1 record
MedReady funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MedReady M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MedReady
What does MedReady do?
MedReady manufactures and sells automated medication dispensers that hold up to 28 doses and dispense up to four times per day, available in non-monitored (1700/1700FL/1700PRN), landline-monitored (1750/1750FL), and cellular-monitored (MR-357/MR-357FL) variants. Monitored devices transmit real-time compliance data to MedReady's own Level 3 data center and notify caregivers via email, text, and automated phone calls when doses are missed. The company also sells optional $16/month monitoring subscriptions and a catalog of replacement parts and accessories.
Is MedReady a public or private company?
MedReady is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MedReady founded?
MedReady was founded in 1999. It employs 1 to 10 people.
Where is MedReady based?
MedReady is headquartered in Torrance, United States, in the North America region.
How does MedReady make money?
Two revenue lines are on record. Hardware Sales are the primary driver. The others are monitoring Subscription.
Who are MedReady's main competitors?
Direct peers on record are Hero Health, MedMinder, TabTimer and e-pill Medication Reminders. Emerging players are AdhereTech and Dosentrak / Livon MorphaBox. Broad incumbents are Pria by Stanley Black & Decker, Philips Medication Dispensing Service and Lively (Best Buy Health). Memotext is listed as an others.
Does MedReady have an API?
No public API is recorded for MedReady.
What industry is MedReady in?
MedReady's product category is Medical Devices. Its primary akta.pro industry code is HLACAPAH, Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers), with a secondary code of HSABALAI, Remote Adherence Monitoring & Smart Dispenser Services. Its NAICS code is 62161 and its SIC code is 3841.