Michigan's Medical Tech Boom: 100+ New Jobs in AI-Powered Remote Healthcare

Partnership Drives Innovation in Remote Patient Monitoring

A groundbreaking collaboration between Youngsoft Inc. and ptMantra Inc. is set to create over 100 new technology jobs in Oakland County, Michigan. This expansion represents a $2.35 million capital investment supported by the Michigan Economic Development Corporation.

Revolutionary Healthcare Technology

The partnership focuses on developing a first-of-its-kind Remote Therapeutic Monitoring (RTM) system that will transform patient care. This innovative platform combines:

• AI-powered therapeutic monitoring through mobile technology
• Secure remote patient management capabilities
• Home-based rehabilitation solutions that ensure treatment adherence

Economic Impact and Support

Michigan Governor Gretchen Whitmer emphasized the significance of this expansion: "Their partnership will bring over 107 new good-paying local jobs to Michigan, helping us revitalize our communities and invest in our workforce."

Key support mechanisms include:

• $404,000 Michigan Business Development Program performance-based grant
• $785,000 workforce development proposal from Michigan Works!
• Expedited permitting and talent support from the City of Wixom

Companies Behind the Innovation

Both companies share a common founder in Rupesh Srivastava and are based in Wixom:

• ptMantra specializes in RTM technology
• Youngsoft focuses on IT consulting and solutions

Roger Goble, Co-CEO of ptMantra, highlighted the project's broader impact: "Youngsoft/ptMantra's patient engagement platform not only improves patient outcomes but also reduces costs for payors, providers, and patients. Also, it solves the problem of delivering Healthcare to Rural parts of the country."

Regional Economic Development

Matt McCauley, SVP Regional Development at MEDC, noted: "Companies are choosing Michigan because of our talented workforce, and this is no different. We applaud these companies' commitment to Michigan and look forward to their continued successes."

Oakland County Executive David Coulter added: "The cutting-edge work ptMantra is doing will help people stay healthy and live better lives, and their expansion in Wixom will promote new jobs and a healthy economy."