A company providing emergency medical technicians with an electronic patient care record system to transmit valuable patient data to hospitals that can lost between the pickup and drop off won the Series A award in a venture competition.
The Morganthaler Ventures’ DC to VC competition is designed to offer a barometer of healthcare IT trends. The pitching competition before a crowd of investors and Health 2.0′s Fall conference attendees took place in San Francisco today.
Beyond Lucid Technologies, led by co-founders Jonathon Feit and Christian Witt, offers an online portal that helps emergency medical technicians feed information about the patient to a hospital in real-time. Mediview lets users attach pictures and media to each record to prevent the loss of data as patients are transferred to the hospital’s care.
Based on its own research interviewing EMTs and healthcare providers across the country, the Walnut Creek, California company concluded that about half of vital patient data is currently lost. And that data could be critical for the treatment of the patient.
CarePlanners won the “people’s choice award. The company was formed by Alan Blaustein and Nancy Snyderman. Blaustein was treated for cancer by his friend and doctor Snyderman. They later formed the company consisting of a team of nurses, social workers, Medicare experts, insurance specialists and other healthcare professionals and providing online tools to help patients better understand and find their way in the healthcare system.
Both Beyond Lucid Technologies and CarePlanners are part of the StartUp Health Academy.
Aidin, a graduate of healthcare accelerator Blueprint Health’s inaugural class, won the Seed Stage award. The company was launched to improve post-discharge patient care. Hospitals can incur Medicare reimbursement penalties if their re-admission rates surpass the national averages. Its product is designed to help manage discharge planning coordination and billing with nursing agencies. The company bested submissions from Rock Health, Health Box and Startup Health.
[Photo credit (featured picture): Big Stock Photo]
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