# MIDAS Healthcare Solutions, Inc.

> MIDAS Healthcare Solutions builds technology that makes the disposal of leftover controlled substances in hospitals visible, verifiable and traceable. Its flagship system, MIDAS VIEW, combines a secure workstation, 360-degree video capture, AI-driven verification and chemical neutralization to close one of the quietest gaps in the fight against drug diversion and the opioid epidemic. Founded in 2017 by pharmacist Michael LaFauci, the New York-based company turns an untraceable, honor-system process into a documented, auditable record.

- **Founded:** 2017
- **Headquarters:** New York, New York, United States
- **Founders:** Michael LaFauci (Founder & CEO (RPh))
- **Team size:** ~19 employees
- **Products:** MIDAS VIEW, Anytime Witness, RxIntercept, Data & compliance platform
- **Notable:** Developed an industry-first video-verified medication disposal system, MIDAS VIEW, Documented a 38% reduction in nurses' time of medication possession in a hospital deployment, Holds patented medication waste and data-collection technology

## Products & services

- **MIDAS VIEW** — An industry-first medication disposal workstation/cart that captures every wasting event with 360-degree video, enforces dual authentication, integrates with hospital systems, and chemically neutralizes leftover medications to create a secure end-to-end chain of custody.
- **Anytime Witness** — Technology that captures a panoramic, time-stamped video record of each disposal transaction, removing the need for an in-person second witness while preserving verifiable accountability.
- **RxIntercept** — Forensic analysis capability that examines disposed medications and waste samples, supporting investigations and compliance auditing.
- **Data & compliance platform** — Centralized, pharmacy-controlled digital record-keeping with analytics and EHR integration for medication accountability and HIPAA-aligned reporting.

## Achievements

- Developed an industry-first video-verified medication disposal system, MIDAS VIEW
- Documented a 38% reduction in nurses' time of medication possession in a hospital deployment
- Holds patented medication waste and data-collection technology
- Raised a Series A extension from MCPC Healthcare Fund in October 2023
- Built a secure end-to-end chain-of-custody waste sample collection system

## Latest updates

- **2025-07** — Released a 2025 spotlight video showcasing the MIDAS VIEW platform.
- **2023-10** — Extended Series A round with a $2M investment from MCPC Healthcare Fund to accelerate MIDAS VIEW deployment.
- **2022-10** — Announced partnership with IQ Inc. to develop diversion-prevention software.

## Links

- Website: https://midashs.com
- LinkedIn: https://www.linkedin.com/company/midashs

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Profile page: https://yespress.io/midas-healthcare-solutions-inc
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Last updated: 2026-06-13