Morning Read: Investor Compass creates dashboard for assessing early stage tech startups

The Startup Genome launched a new tool this week that brings data aggregation and analytics […]

The Startup Genome launched a new tool this week that brings data aggregation and analytics to investors looking to invest in early stage tech companies. The Investor Compass benchmarks a startups’ key performance indicators against similar companies, calculates a company’s risk profile and compiles customer acquisition costs, profitability timelines, team size, user growth and burn rate.

X Prize Foundation has launched the Nokia Sensing X Challenge worth $2.25 million to encourage entrepreneurs and scientists to create the next generation of health care and biometric sensors. There are several categories in the challenge, including biofluids, kinematics, body physics, mood and emotion detection. Read about the competition here.

Senators Herb Kohl, D-Wis., Chuck Grassley, R-Iowa, and Richard Blumenthal, D-Conn are pushing for new restrictions on the use of antipsychotics in people in nursing homes. The amendment to pending legislation would require nursing homes to provide information about the possible risks and side effects of antipsychotic medications, as well as alternative treatment options, before giving the drugs for off-label use.

Endocrinologists now have specialized templates in Practice Fusion’s free electronic health records. The templates are based on best practices for treating diabetes and thyroid disease among other conditions but can be customized to fit an individual’s workflow.

[Image from flickr user DawnHops]

Veronica Combs

Veronica is an independent journalist and communications strategist. For more than 10 years, she has covered health and healthcare with a focus on innovation and patient engagement. Most recently she managed strategic partnerships and communications for AIR Louisville, a digital health project focused on asthma. The team recruited 7 employer partners, enrolled 1,100 participants and collected more than 250,000 data points about rescue inhaler use. Veronica has worked for startups for almost 20 years doing everything from launching blogs, newsletters and patient communities to recruiting speakers, moderating panel conversations and developing new products. You can reach her on Twitter @vmcombs.

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