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 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]

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