Skip to content
i2E
  • Programs
    • E3
    • ACT Tulsa
    • Love’s Entrepreneur’s Cup
    • OKBio
  • Client Portfolio
  • Services
    • Access to Funding
    • Venture Advisory Services
  • About
    • Our Values
    • Meet Our Team
    • Board of Directors
    • Corporate Partners
  • Contact
  • Media
Menu
  • Programs
    • E3
    • ACT Tulsa
    • Love’s Entrepreneur’s Cup
    • OKBio
  • Client Portfolio
  • Services
    • Access to Funding
    • Venture Advisory Services
  • About
    • Our Values
    • Meet Our Team
    • Board of Directors
    • Corporate Partners
  • Contact
  • Media
Search

Innovators: Medtrieval

Get in Touch

By Brian Brus

Courtesy of The Journal Record

OKLAHOMA CITY  – An Oklahoma City company grown from the Governor’s Cup business plan competition is ready to solidify a niche in the criminal justice system, Chief Executive Dennis Cotner said.

Cotner said he kept Medtrieval’s profile low for about three years while pursuing a patent for the automated medication retrieval unit. The Journal Record first reported on Medtrieval in 2008, when a team of undergraduate students at Oklahoma City University was named a finalist in the statewide business plan contest.

Simply put, the Medtrieval system parcels out scheduled medical treatments. The end users that Cotner has his eye on typically receive those meds delivered prepackaged in blister packs handled by nurses and overseen by law enforcement personnel. Medtrieval simplifies the automated pharmacy process and reduces errors.

Cotner knows something about how the economy works within a prison system: He was formerly the health services administrator for the Oklahoma Department of Corrections for 13 years. He said in a Corrections.com industry newsletter interview in 2000 that inmates make choices in how they spend their income and that fee structures helped shape those decisions to reduce unnecessary costs.

Medtrieval would further improve such cost savings margins while also ensuring medicine is taken by the proper patient. The latter is important because economic forces also operate at a black market level within prison populations – it’s common for inmates to hold their pills and trade or sell them later. One of the benefits of the Medtrieval system is that meds can be mechanically crushed and mixed with water to drink, effectively making it impossible for inmates to hold pills. Each patient is also biometrically scanned – a fingerprint, for example – so that the transaction can be recorded and confirmed.

“We’re talking about a pretty high volume of medications that are being handled in the country’s corrections system, about 4.5 million doses given to inmates every day,” he said. “So there’s a lot of room for problems and errors. It’s frustrating at times.”

Cotner isn’t quite ready for market yet; he still needs a proof-of-concept prototype. To that end, he’s looking for capital investors. Cotner said about $300,000 is the minimum the company needs, but he’s open to a larger stake and ownership control discussions.

Click here to read the article at the Journal Record website. (Subscription required)

Author

  • admin admin

More News

Loading...
Black doctor smiling with stethoscope
Blog, i2E
02.09.23

Titan Intake Automates Patient Referrals to Accelerate Care

Read more
man and woman reviewing paperwork at a table
Blog, i2E, News
01.10.23

Stories of Oklahoma Innovation: Building a Startup

Read more
woman in lab conducting a study
Blog, i2E
12.13.22

Bayesic Technologies Improves Effectiveness and Efficiency of Data Analysis in Healthcare

Read more
Bison grazing fields
Blog
11.30.22

Bison Underground Merges Nature, Science, and Technology to Tackle Climate Change

Read more
African American family sitting on couch reading and chatting
Blog, E3, i2E
11.22.22

Fokes Connects Families, Caregivers and Care Agencies for Smoother Communications and Care 

Read more
i2e blog post graphic
Blog, News
11.03.22

Introducing: Stories of Oklahoma Innovation

Read more
Default Featured Image
OKBio
06.28.22

Oklahoma Grown! i2E Invests in BIO startups

Read more
Default Featured Image
OKBio
06.13.22

Oklahoma Medical Research Foundation BIO

Read more
Default Featured Image
OKBio
06.13.22

Moleculera Labs BIO

Read more
Default Featured Image
OKBio
06.13.22

University of Oklahoma Health Sciences Center BIO

Read more
Default Featured Image
OKBio
06.13.22

Oklahoma State University BIO

Read more
Default Featured Image
OKBio
06.13.22

ECHO Investment Capital BIO

Read more
i2E

Oklahoma City Office

840 Research Parkway, Suite 250
OKC, OK 73104
+1 (405) 235.2305

Tulsa Office

100 S. Cincinnati Ave – Suite 514
Tulsa, OK 74103
+1 (918) 582.5592

  • Client Portfolio
  • About Us
  • Media
  • Events
  • Contact
  • Resources

© 2022 i2E Privacy Policy

Follow us:

Facebook Twitter Linkedin

Programs

  • E3
  • ACT Tulsa
  • Love's Entrepreneur's Cup
  • OKBio
  • Client Portfolio

Services

  • Access to Funding
  • Venture Advisory Services
  • Contact
  • About
  • Our Values
  • Our Team
  • Board of Directors
  • Corporate Partners
  • Media
i2E