Retrieve Medical and MyID Form Joint Venture to Launch First-Ever Wearable Electronic Health Record
Rhea-AI Summary
Retrieve Medical Holdings (OTC: RMHI) and MyID have announced a joint venture to launch the first-ever wearable device with integrated Electronic Health Records (EHR). The groundbreaking platform combines Retrieve Medical's AI technology with MyID's smart wearables to provide users with real-time, provider-verified health profiles accessible worldwide.
The system uniquely connects to Health Information Exchanges (HIEs), aggregating live medical records across providers using advanced natural language processing. MyID currently serves over 314,000 medical profile users, up from 302,000 in late 2024. The first product is set to launch in Q3 2025, followed by a national retail rollout. The company has ended discussions with Curatus to focus on this venture.
Positive
- First-mover advantage in wearable EHR technology, creating potential market leadership
- Integration with major EMR systems like Epic and Oracle Cerner expands market reach
- Growing user base with 314,000 medical profile users, showing 4% growth from late 2024
- Established distribution network through retail pharmacies and care providers
Negative
- Trading on OTC Pink market indicates lower tier listing status
- Potential cybersecurity and privacy risks associated with sensitive medical data
- Competition from larger tech companies could emerge in the wearable health space
News Market Reaction 1 Alert
On the day this news was published, RMHI declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Industry-first device combines AI-powered EHR retrieval with wearable tech—putting verified medical history directly on your wrist
The new platform will integrate Retrieve Medical's proprietary AI with MyID's smart wearables and mobile app—allowing users to carry a real-time, consolidated health profile, accessible from anywhere in the world. Unlike self-reported or static medical IDs, this system connects directly to the nation's Health Information Exchanges (HIEs), aggregating live medical records across providers, health systems, and EHR platforms.
"This is a watershed moment in digital health," said Dr. Mark Rosenberg, Chairman of Retrieve Medical. "For the first time, patients can wear their actual medical record—sourced from licensed providers, verified in real time, and ready when it matters most."
The platform retrieves structured EHR data—including lab results, prescriptions, diagnoses, allergies, and physician notes—using advanced natural language processing (NLP). Records are then securely delivered to the user's wearable or app, optimized for emergency, point-of-care, or travel use.
MyID currently supports over 314,000 medical profile users, up from 302,000 in late 2024. This is expected to accelerate rapidly through a newly established healthcare prescription distribution provider – positioning the product for broad national reach across retail pharmacies and care providers.
"We're redefining what it means to 'own your health data,'" said Scott Madsen, co-founder of MyID. "This isn't a PDF in the cloud. This is a live, verified, always-available health passport—with full consent, total transparency, and patient control."
The first product is scheduled to launch in Q3 2025, followed by a national awareness campaign and retail rollout. Discussions with Curatus have concluded, enabling Retrieve to concentrate fully on the MyID venture.
About Retrieve Medical Holdings, Inc.
Retrieve Medical is transforming healthcare with its AI-powered software platform, Retrieve Dx™, which extracts and structures clinical data from disparate sources to give physicians instant access to comprehensive patient histories. Integrated with leading EMRs like Epic and Oracle Cerner, Retrieve Dx™ boosts clinical efficiency, decision-making, and revenue.
About MyID
MyID is a leading digital health company and pioneer in wearable medical ID technology. With more than 314,000 users and a decade of trusted service, MyID enables individuals to carry critical health information with them at all times—whether through stylish wristbands, keychains, or mobile apps. Designed for emergencies and everyday use, MyID profiles support a wide range of chronic conditions, allergies, and medications, and are accessible globally. MyID is committed to giving consumers greater control, visibility, and security over their personal health data.
Media Contact:
Harriet Donnelly
CMO
908-392-3801
retrievemedical.com | getmyid.com
View original content:https://www.prnewswire.com/news-releases/retrieve-medical-and-myid-form-joint-venture-to-launch-first-ever-wearable-electronic-health-record-302467222.html
SOURCE Retrieve Medical Holdings, Inc.
FAQ
What is the new joint venture between Retrieve Medical (RMHI) and MyID?
When will RMHI and MyID launch their wearable EHR device?
How many users does MyID currently have?
What type of medical information will the RMHI-MyID wearable device contain?
Which EMR systems is Retrieve Medical's platform compatible with?
