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$4.2 Million New York Digital Health Accelerator Announces Inaugural Class

Today at the Digital Health Conference, NYeC announced their inaugural class of companies for the New York Digital Health Accelerator. This is a big announcement just 5 months after they announced the creation of the Digital Health Accelerator.

As I said when I first wrote about this health IT accelerator, there are a number of health IT accelerators and incubators out there, but I think that the Digital Health Accelerator differentiates itself in a couple important ways. First, they offer $300k of investment in the company. Second, they have real tangible relationships with hospital systems. The second is likely the more important. There’s little of more value to a health IT startup company than actual customers giving you feedback on what you’re creating.

Here’s the full press release announcing the inaugural class including a list of companies:

NYeC, Partnership for New York City Fund and the DOH have Joined Forces to Create $4.2M Digital Health Accelerator Program, the Largest Program of its Kind, to Encourage Health IT Innovation and Create Jobs

New York, NY – Today the New York eHealth Collaborative (NYeC) and the Partnership for New York City Fund (Partnership Fund) revealed the inaugural class of the New York Digital Health Accelerator (NYDHA), a program that will make New York a hub for the emerging digital health technology industry. The partnership is the largest-funded health IT accelerator program in the United States, and the first to provide access to senior-level healthcare providers who are committed to the success of the eight growth-stage companies selected.

With its initial investment of $4.2 million, the NYDHA program will create approximately 1,500 jobs over five years. In addition, it is expected that the companies will attract upwards of $150 million to $200 million in investment from the venture capital community post-program.

The program has selected 8 early- and growth-stage companies that are developing cutting-edge technology products in care coordination, patient engagement, analytics and message alerts for healthcare providers. The program received 250 applications from companies located in 27 states and 10 countries.  Each chosen company is awarded up to $300,000 along with invaluable mentoring from senior-level executives at leading hospitals and other providers in New York for nine months. Each company has committed to opening an office in New York State.

“The Accelerator provides much-needed, valuable tools for providers in support of New York State’s Medicaid Redesign initiative,” New York State Health Commissioner Nirav R. Shah, M.D., M.P.H. said.  “The initiative, which promotes a shift from the costly fee-for-service model to a more effective and efficient managed care approach, is resulting in better care – at lower cost – for patients across the continuum of care.  The Accelerator is an essential first step to stimulate the market and nurture innovation within the entrepreneurial community.”

Tech companies accepted into the program are receiving direct mentorship and feedback from senior-level executives with the participating providers. Their coaching, testing, and feedback will help these companies create the most efficient tools that the medical community will want to use to streamline the sharing of electronic medical records and improve coordination of care.

In addition, companies have direct access to the technology platform that is connecting electronic health records across New York State, the Statewide Health Information Network of New York (SHIN-NY).

“We are creating the next generation of healthcare applications that will transform the healthcare delivery system,” said NYeC Executive Director David Whitlinger. “These companies are the first software development vendors to have direct access to the SHIN-NY, a secure platform that embodies all of the federal and state policies for usage of patient data by the community.”

“One of the biggest challenges for early stage health care companies is getting access to large customers” explains Maria Gotsch, President and CEO, Partnership for New York City Fund.  “This program not only provides that access but allows the eight companies to benefit from high level feedback, which will accelerate their growth and create good jobs in the important health IT sector in New York.”

The investment capital was provided by a syndicate of investors, including Aetna, Janssen Healthcare Innovation, Milestone Venture Partners, New Leaf Venture Partners, Partnership for New York City Fund, Quaker Partners, Safeguard Scientifics, and UnitedHealth Group. The Empire State Development Corporation, Health Research Inc., and NYeC have provided additional funds to operate the NYDHA.

The 8 selected companies include:

AdhereTx: KnowMyMeds web-based, interoperable software supports team-based medication management and reconciliation for high-risk patients at the point of care. KnowMyMeds enables healthcare practitioners to perform clinically validated, cost-effective medication review for high-risk patients, including “dual eligibles” and the chronically ill, to reduce their drug-related hospitalizations and readmissions. (www.adhertx.com)

Aidin: Aidin is a web-based referral platform for hospitals discharging patients to post-acute care.  Aidin collects hard data about how well post-acute providers perform and makes it easy for hospital staff to present that information to patients when they are choosing their post-acute provider – helping patients choose better providers for better outcomes. (www.myaidin.com)

Avado: Avado allows clinicians and patients to securely communicate, track, and manage health information. They centralize data from many EHR’s and make it usable for all stakeholders.  Providers can take comfort knowing that Avado exceeds Meaningful Use requirements for patient engagement while also addressing requirements for medical homes and accountable models. (www.avado.com)

CipherHealth: CipherHealth helps hospitals avoid government penalties by reducing preventable readmissions, improving outcomes, better coordinating care, and creating a positive patient experience.  CipherHealth reaches out over the phone, through tablets, via email, text, or the web, better engaging patients in their care and building stronger relationships between patients and providers. (www.cipherhealth.com)

Cureatr: Cureatr will improve how healthcare providers communicate and coordinate patient care. Their lightweight, user-friendly HIPAA-secure group messaging system integrates with existing directory, scheduling and paging systems, making it easy to use while coordinating care within or between organizations. (www.cureatr.com)

 MedCPU: MedCPU delivers accurate real-time clinical care advice through its revolutionary Advisor Button technology. It uniquely captures the complete clinical picture from clinicians’ free-text notes, dictations and structured documentation entered into any EMR, and analyzes it against a growing library of best-practice content, generating real-time precise prompts for best care consideration. (www.medcpu.com)

Remedy Systems: Remedy Systems leverages the power of mobile to lower the cost and improve the quality of healthcare via its flexible care coordination platform that enables physicians and nurses to concentrate on delivering the highest quality of care possible while fostering engagement from patients and family/friends. (www.remedysystems.com) 

SpectraMD: SpectraMD maximizes the value of data across the continuum of care with business intelligence solutions. Their FOCUS™ Actionable Analytics platform enables stakeholders in hospitals and ambulatory care settings to improve outcomes, increase revenues, succeed in quality-based initiatives including Reducing Preventable Readmissions and leverage analytics for the Health Home initiative. (www.spectramd.com)

22 leading healthcare providers are engaged in intense mentorship with the selected companies including:

Adirondack Health Institute Institute for Family Health
Albany Medical Center Maimonides Medical Center
Catholic Health System Mt Sinai Medical Center
Community Healthcare Network NYC Health and Hospitals Corporation
Continuum Health Partners New York Hospital Queens
Ellis Medicine New York-Presbyterian Hospital
FEGS Health and Human Services System North Shore LIJ Health System
Finger Lakes Community Health NYU Langone Medical Center
Hometown Health Centers Stony Brook University Medical Center
Hudson River Health Care Visiting Nurse Service of Schenectady and Saratoga Counties
Hudson Valley Initiative Winthrop University Hospital

Resources:

A new website at www.digitalhealthaccelerator.com provides updates and progress of the program.

About The New York eHealth Collaborative (NYeC): NYeC is a not-for-profit organization, working to improve healthcare for all New Yorkers through health information technology (health IT). Founded in 2006 by healthcare leaders, NYeC receives funding from state and federal grants to serve as the focal point for health IT in the State of New York. NYeC works to develop policies and standards, to assist healthcare providers in making the shift to electronic health records, and to coordinate the creation of a network to connect healthcare providers statewide. The goal of NYeC is that no patient, wherever they may need treatment within the State of New York, is ever without fast, secure, accurate, and accessible information. For more information about NYeC, visit www.nyehealth.org @NYeHealth on Twitter.

About the Partnership for New York City Fund (Partnership Fund):The Partnership for New York City Fund (www.nycif.org) is the vision of Henry R. Kravis, founding partner of Kohlberg Kravis Roberts & Co., who serves as its Founding Chairman. The Fund has raised over $110 million to mobilize the city’s world financial and business leaders to help build a stronger and more diversified local economy. It has built a network of top experts from the investment and corporate communities who help identify and support New York City’s most promising entrepreneurs in both the for-profit and not-for-profit sectors. The Fund is governed by a Board of Directors co-chaired by Russell L. Carson, General Partner of Welsh, Carson, Anderson & Stowe; and Richard M. Cashin, Managing Partner of One Equity Partners. The Fund is the economic development arm of the Partnership for New York City (www.pfnyc.org), an organization of the leaders of New York City’s top corporate, investment, and entrepreneurial firms. They work in partnership with city and state government officials, labor groups, and the nonprofit sector to promote the interest of the city and its neighborhoods. The Partnership carries out research, policy formulation, and issue advocacy at the city, state, and federal levels, leveraging the resources and expertise of its CEO and Corporate partners.

About the Statewide Health Information Network of New York (SHIN-NY): The SHIN-NY (pronounced “shiny”) is coordinated by the New York eHealth Collaborative (NYeC) and functions similarly to a public utility, making electronic health records secure and accessible to healthcare providers statewide while improving patient care and lowering costs. SHIN-NY is a network of information transmitted between users. Like the Internet, as more users connect, it grows, evolves, and becomes more secure, efficient, and easy to use. As an increasing number of private practices, nursing homes, clinics and hospitals begin to digitize their records, they have the option to connect to information hubs in their region of the state. These Regional Health Information Organizations collect health record data from the healthcare providers in their area and, with patient consent, allow this information to be shared securely with other providers in the region. The SHIN-NY will connect these regional hubs to create a private and secure network spanning the entire State of New York. To see a video about how the SHIN-NY is transforming health information exchange in New York State visit http://nyehealth.org/what-we-do/statewide-network/.

October 15, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Healthbox Expands to European Startups

Healthbox is known for helping new business startups by providing them with seed capital. The company has recently announced it would be expanding its services to London. In July, Healthbox began the search for health tech startups that will bring change to health care in Europe.

They hosted the first of many events across Europe to bring in potential startups, and the final selection was set to take place in September. The startups that were selected are set to receive £75,000 of seed capital, access to Healthbox’s mentors, wider industry network,  and access to Healthbox’s London offices.

Commenting on the launch of Healthbox’s accelerator in London, Nina Nashif, Founder of Healthbox, described why London was chosen to be the hub in Europe, and her feelings about the program:

London was the obvious place to come be part of the UK’s world-renowned academic institutions, science and tech traditions as well as being a gateway to the rest of Europe. It is the natural seedbed for new, passionate entreprenerus looking to grow their ideas. We are looking forward with some amazing people. Healthcare has traditionally been a challenging sector for innovation because by its very nature it has been risk averse. Healthbox has developed a new ecosystem and culture for stimulating change by bringing together early-stage companies with strategic organisations, individuals and investors who mutually benefit from working together on new ideas that transform health. We believe in the power of having a global network for exchange of ideas and learning.

There are several firms that are supporting the program, which include Bupa and Secro and Zone Digital, and there will be mentors from companies such as Care UK, Novo Nordisk, Dell, Deloitte, and DocCom.

October 12, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Meta Health Technology Acquired By Streamline Health; Breakthrough, MyHealthTeams, and PatientCo Ink Receive Fundings

Aquistions

Streamline Health announced last week that the company will be acquiring Meta Health Technology, a “leading provider of health information management solutions for hospitals, clinics, physician group practices and long-term care facilities across the U.S. and Canada,” according to Red Orbit.

Streamline acquired approximately $15 million capital stock from Meta Health which was $13.4 million in cash and $1.6 million in Streamline Health Stock. Robert E. Watson, President and Chief Executive Officer of Streamline Health Solutions, discussed the acquistion:

The Meta suite of solutions, when bundled with our existing solutions, will help current and prospective clients better prepare for this challenge. In addition, the pending release of a computer-assisted coding solution (CAC) will place Streamline Health at the core of addressing the complexities of the ICD-10 transition.

Fundings

Launched in 2009, Breakthrough addresses that fact that one in four Americans suffer from a mental illness. The company is offering a way for users to contact mental health professionals through email or video. It also allows users to find providers based on various criteria including price, specialty, or disorder.

Breakthrough has raised $900k in seed funding from many different investors. The contributors included the following: Ash Patel and Mike Marquez of Morado Ventures, Charles River Ventures, Square COO Keith Robois, Badoo COO Benjamin Ling, Gus Fuldner, PracticeFusion co-founder Matthew Douglass, PayPal Director and former eHealth exec Avery Kadison, Invite Media co-founders Nat Turner, and Zach Weinberg.

MyHealthTeams is a start up that develops communities, both socially and locally, for those who live with or help those with chronic conditions. The startup announced on Tuesday a $1.75 million round today. The round was led by Adams Street Partners, with participation from 500 Startups.

According to TechCrunch.com, MyHealthTeams’ mission is:

To make it easy for people to quickly find and connect with a network of other people who are in a similar position and can understand the challenges faced via its own condition-specific social networks. In addition, members can also easily find referrals of local providers and businesses best suited to help them — and this, presumably, is part of the business model.

The funding is going toward expanding the company.

and finally, Patientco Ink raised $3.75 million in a Series A financing. The round was led by BlueCross Blue Shield Venture Partners and Sandbox Industries. In addition, as a result to the financing, the Managing Director of Sandbox Industries, Tom Hawkes, will be joining Patientco’s board of directors.

A press release concerning the financing described Patientco:

Patientco simplifies the challenges of understanding healthcare expenses for patients so they pay their healthcare providers faster. Already more than one million patients across 20 states securely receive, pay and track their healthcare expenses via Patientco. Patientco’s proprietary technology integrates with physician and hospital information systems to provide a comprehensive communication, payment and reconciliation solution.

Sandbox Industries invested in the company to help develop and further Patientco’s solution and “to solve the increasing healthcare payments problem.”

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

September 20, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

$100k Investment for Every Rock Health Company

It’s been a busy week for the people at Rock Health. First, they had the Rock Health Boston Demo Day. Yesterday and today they’re doing the Health Innovation Summit in San Francisco. And now Rock Health is announcing that Kleiner Perkins Caufield & Byers alongside longtime supporters Aberdare Ventures, Mohr Davidow Ventures, and the Mayo Clinic are upping their investment in Rock Health startup companies from $20k to $100k per company.

This is a good move by Rock Health. Just yesterday I was reading a Ycombinator founder describe how the added investment that each Ycombinator company got relieved some of the pressure that was associated with the program. Basically, he could make good long term decisions as opposed to forcing decisions because the funding and time frame were so short. I’m sure we’ll see that in Rock Health as well.

For those interested in Rock Health, they just opened their 3 week application period for their Fall cohort in San Francisco. I assume that they’ll be going back to the 5 month program again after doing only 3 months in Boston.

It’s worth noting that NYDHA (New York Digital Health Accelerator) offers $300k to health startup companies. I’m sure there’s going to be a lot of competition to get the best healthcare startups to participate in the various health IT accelerator/incubator programs.

August 28, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Companies Agile Diagnosis, ESO Solutions, Shareable Ink, and Valence Health Receive Fundings This Week

FUNDINGS

A graduate from the Rock Health incubator has recently raised $2 million in funding. The mobile health start up, Agile Diagnosis,developed a “mobile clinical decision support service”, that they hope will be even better than other medical reference apps. The company hopes to raise an additional $1 million in funding to help with this program.

Agile Diagnosis claims that their product will “make clinical guidelines and medical information easier to digest,” and not so text-heavy, as many other services currently available are. The app has specifically been created for the iPad, however, an iPhone app will likely be released later this year and will be offered through a subscription.

The Austin-based health care software creator and distributor, ESO Solutions, received $4 million in funding from Austin Ventures. Because of the great demand from emergency medical services and fire and hospital markets for the software from ESO Solutions, this funding will help to expand the company and its sales and marketing efforts.

The most well-known product offered by ESO Solutions is EMR software that “enables pre-hospital patient care providers to effectively and efficiently document patient care while giving administrators tools to manage personnel, oversee operations and review patient care for quality improvement purposes. The company is also set to release a communication platform that will allow EMS and hospitals to coorespond immediately as well as “aggregate pre-hospital data for use in health information exchanges nationwide.” The funding from Austin Ventures will allow ESO to expand these current products and create new ones.

Shareable Ink, a Nashville-based company, has raised $5 million in series-B funding from Lemhi Ventures. The money raised is meant to go towards more research and development. The CEO of the company, Stephen Hau, said this funding “will be used to expand business operations as well as explore new technology” such as being able to convert hand gestures made into data or implementing voice activation.

An iPad version of the technology produced by Shareable Ink will be relased this year to HCA hospitals.

And finally, Valence Health received a $30 million minority investment from North Bridge Growth Equity. Valence Health is a provider of clinical integration and health plan services, and the money will be put toward accelerating the company by “adding seasoned healthcare talent; investing in strategic sales and marketing initiatives; and expanding its integrated suite of solutions aimed at providing healthcare and lowering costs through clinical integration, quality management, and risk assumption.”

Beyond the investment from North Bridge, the company has helped Valence Health create its Board of Directors by bringing in top healthcare industry figures, including Chris Kryder, Bob Sheehy, George Lynn, Phil Kamp, Todd Stockard, Bill Geary, and Mike Pehl.

June 29, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

$12.5 million raised for AssureRx Health, Startups Announced That Will Participate at Rock Health in Boston

$12.5 million was recently raised in Series C financing by AssureRx Health Inc. AssureRx, a personalized medicine company, is an Ohio-based startup. The company is a personalized medicine company that specializes in pharmacogenomics and helps physicians figure out correct drugs for patients who suffer from neuropsychiatric and other related disorders.

Four Rivers Group, Claremont Creek Ventures, and Sequoia Capital led the financing; other investors that participated were Cincinnati Children’s Hospital Medical Center, Mayo Clinic, CincyTech, Allos Ventures, jVen Capital, and Alafi Capital. The funds that were raised will go toward increasing commercial activities for GeneSightRx® Psychotropic and GeneSightRx® ADHD, which are AssureRx’s two flagship pharmacogenomic products.

James S. Burns, president and CEO of AssureRx Health, described the company’s main objectives and what is expected to come from this round of funding:

Our goal is to build the leading clinical informatics company providing pharmacogenomic and other treatment decision support products to help physicians individualize the treatment of patients with neuropsychiatric and other disorderds. Proceeds from the Series C financing will be used to expand sales coverage, sponsor multiple clinical studies, and develop new products to help accelerate our leadership position in psychiatric personalized medicine.

Four Rivers, jVen Capital, and Alafi Capital, some of the investors in this Series C financing, bring along with their investments, connections to help build AssureRx Health’s leadership position in psychiatric pharmacogenomics.

New investors Four Rivers, jVen Capital, and Alafi Capital bring to AssureRx Health further expertise and partnering connections to help AssureRx Health continue building its leadership position in psychiatric pharmacogenomics.

In other news, Rock Health, a San Francisco-based digital health incubator, recently announced which six startups will be participating in the kick-off incubator in Boston this summer. Each of the startups participating will present on August 24th at a demo day. The startups that were selected for the Boston class are:

1. HomeTeam Therapy
2. PrescribableApps
3. NeuroTrack Technologies
4. Neumitra
5. NoviMedicine
6. ZeroSum Health

More information about Rock Health in Boston can be found here.

June 11, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

New York eHealth Collaborative Opens Application for Accelerator Program

As mentioned in a post on EMR Thoughts,  the New York eHealth Collaborative recently launched the New York Digital Health Accelerator. This program is for “early- and growth-stage digital health companies that are developing cutting edge technology products in care coordination, patient engagement, analytics and message alerts for healthcare providers.”

The application for this program is now open, though the deadline is quickly approaching on June 1st. After the deadline, a committee will review the applications and select up to twelve companies to participate based on different expectations such as product innovation, management’s track record, and company stage.

The companies that are selected will receive up to $300,000 throughout the course of the program. According to the NYDHA website, participants who are selected will also receive the following:

  • Access to clinical and technology feedback from the participating provider organizations.
  • Technology experts to help customize and integrate product to the statewide network that integrates all of the EHR data across the state.
  • Participating in a leadership program in which you will be able to interact with a network of healthcare leaders, successful entrepreneurs and investors.
  • Access to the NYeC-led EHR/HIE Interoperability Workgroup network of providers, states, and vendors from across the country.

This program is being sponsored by many different providers and investors. A full list can be found here.

Companies all around the country can apply as long as they meet the requirements. Companies that should not apply include pharmaceutical, biotech, surgical medical device, and diagnostics companies. Frequently asked questions are available concerning a variety of topics relating to the application and the program.

There was a information and networking event held on May 10th concerning the accelerator program and it was streamed live. It has been posted here for those who missed it.

For companies that are interested, the application is available here. Be sure to turn it in by June 1st, and finalist interviews will be held on July 19th and 20th in New York City. The program will officially begin on September 10th.

May 24, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Healthcare Incubation Growing – NYC Launches Healthcare Accellerator and Healthbox Expanding

I must admit that it’s getting harder and harder to keep up with all of the Healthcare IT Accelerators, Healthcare IT Incubators, Healthcare IT that are going up all over the place. The interest in investment and incubation of healthcare IT companies is huge right now. It’s an exciting time for those of us in the Healthcare IT space and an even more exciting time to be a healthcare entrepreneur.

Two recent announcements that caught my eye were the following.

NYeC Launches the New York Digital Health Accelerator (NYDHA) – You can read the full release, but it’s a $4.2 Million program to accelerate the creation of digital health technology companies in New York City. It’s an interesting collaboration of the New York City Investment Fund (NYCIF) joined the New York eHealth Collaborative (NYeC) and the NYS Department of Health (DOH).

I think the thing that sets apart the NYDHA (that’s a long name even abbreviated) is the $300,000 each company gets along with the 18 healthcare providers that have agreed to participate in the program. We’ll see how well NYDHA can execute on this relationship since I believe it’s key. A healthcare IT accelerator program could provide nothing more valuable than actual customers for these healthcare IT products.

I also just saw that on May 10th the New York Digital Health Accelerator program is putting on an information and networking event. It says they’ll be streaming the event live. Looks like a great group of speakers and shows the depth of their connections.

Healthbox Launches Boston Healthcare Startup Accelerator – Healthbox launched its first program in Chicago. I think it’s a smart move for them to go to Boston (or Cambridge if you prefer) since it is a hotbed for healthcare IT. They’re offering $50,000 in seed capital for the 3 month program that will go from August to November.

May 7, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Omada Health Raises $800k for Diabetes Prevention Program

Omada Health comes out of the first batch of Rock Health startups. Back in December it raised $800k from Esther Dyson, NEA, Aberdare, Kapor Capital, and TriplePoint Ventures. I’m quite interested in Omada Health since a Diabetes Prevention Program was on my Health IT 2012 Wish List.

The unfortunate part about Omada Health is that their website has no real information about what they’re doing. It has their vision for doing disease prevention and it tells about their team, but their product isn’t out yet. I do like their idea of “Using the power of human relationships to drive behavior change.”

I think they call this peer pressure, but it sounds like they’re trying to leverage it for good in this case. It’s definitely a powerful idea if they can execute on it. I’ve often thought that the most valuable mHealth startup companies are going to be those that are able to create something that will get people to change. Change is hard and if you create something that facilitates change, then that’s powerful!

Since Diabetes Prevention is on my Wish list, I hope that Omada Health is wildly successful.

January 17, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Healthbox Announces New Class of Health Startups

Healthbox recently announced its latest class of healthcare startup companies. The three month program starts on January 9th provides $50,000 in seed capital a long with a shared workspace and access to mentors and other startup resources.

The most interesting thing I note in this list is that the companies come from all over the US and even one from Europe. I guess this makes sense since Chicago isn’t necessarily the healthcare capital of the world, but I think it’s great that companies across America are willing to move to Chicago for the 3 months. I’ll have to reach out to some of these companies (or I’d love to hear from them) about what motivated them to leave their home base for Chicago and whether they plan to stay in Chicago after the 3 months.

Without further ado, here’s the list of 10 healthcare startup companies in the latest Healthbox class:

PUSH Wellness (Chicago) is an outcomes-based wellness incentive provider that drives behavior change in health factors that are meaningful, measurable and modifiable, producing tangible benefits for participants and employers.

PaJR-Patient Journey Record (Dublin, Ireland) uses a cloud-based system with machine learning capabilities to identify patients at high risk of readmission using patient and caregiver self-reported health status.

SwipeSense (Evanston, Ill.) is hand-washing 2.0, arming healthcare providers with a portable hand-sanitation device in combination with real-time data analytics in order to increase compliance and reduce hospital-acquired infections.

CareWire (Minneapolis) is a patient engagement solution that utilizes automated patient text messaging to increase billable appointment yield, visualize patient satisfaction in near-real-time and improve provider performance.

The Coupon Doc (Atlanta) provides an easy-to-use, centralized platform that allows consumers to access manufacturer discounts on their prescription and OTC medications.

Corengi (Seattle) connects qualified patients with ongoing clinical research studies through a comprehensive online platform. Patients are able to quickly distill relevant studies, trial sponsors are able to reduce costly delays and medical innovation is accelerated.

Iconic Data (Norcross, Ga.) delivers a cloud-based patient list manager solution that provides physicians access to near-real-time snapshots of clinical care episodes across disparate, non-integrated facilities, resulting in increased charge capture and reduced inefficiencies.

UnitedPreference (Princeton, N.J.) offers employers a Tailored Spend™ payments network that allows health plans to improve participation in preventative health initiatives via branded prepaid cards that can be used to purchase items determined by the health plans.

DermLink (Atherton, Calif.) is a cloud-based, HIPAA-compliant application that enables remote diagnosis of dermatology cases, dramatically reducing wait times for patients while driving increased revenue and flexibility for providers.

CareHubs (Beaverton, Ore.) is a healthcare enterprise social platform that offers dynamic, innovative tools to help patients and healthcare providers better connect, coordinate and engage.

I’d love to hear from any of these Healthbox companies to hear more about what you’re doing. Just leave a comment on this post.

December 29, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.