If you had to pick a dominant theme in Blueprint Health’s sixth accelerator class, varied approaches to healthcare data would be my choice. Out of seven healthcare startups, three are working with healthcare data to either make it more accessible and useful, to aggregate drug price information, or to analyze it.
Interestingly, the class also has a wound recovery remote monitoring company, as does DreamIt Health. The image technology seems a good way to address the need to catch problems with recovery earlier to reduce costs.
Here’s a look at the incoming class of healthcare startups:
RXDatapoint wants to solve the problem of fragmented pharmaceutical and pricing data in multiple languages. This makes it tough to draw any valuable insights on business decisions. The company’s cloud-base platform brings the data to one place so companies can do research to inform strategy development and investment decisions. Its founders include Lawrence Monoson, Julia Mahieu and Joe Segal.
Hiteks Solutions developed analytics software to analyze unstructured data stored in electronic medical records. The company’s founders are Dr. Gerasimos Petratos, Abdo E. Abdo, Dr. Martin Coyne and Peris Brodsky.
Stirplate.io‘s collaborative technology fits in with a broader trend of scientists developing ways to make research and development tools for the lab cheaper, more efficient and easier to share. Zappy Lab is another startup in this space. Stirplate, which is currently in beta, helps scientists analyze their data and share findings with others. It was founded by Keith Gonzales.
Urgent Consult targets referrals to make it easier for doctors to find specialists for patients who are in their network. The company is one of a handful taking part in the Pilot Health Tech NYC. It is working on a pilot with Mt. Sinai Health System’s Cardiovascular Institute to confront the problem of patients not following up on referrals to cardiac specialists when insurance doesn’t cover a recommended procedure or specialist. The Urgent Consult platform is designed to help local physicians and administrative staff search for a nearby CVI physician who accepts the patient’s insurance. The pilot will test the platform’s ability to help primary care physicians link their patients to life-saving specialty care. The company was founded by Ilana Bander, Dr. Jeffery Bander, Dr. Amish Shah and Irakli Nadareishvili.
Healo‘s mobile health platform provides remote monitoring of surgical wounds. It begins once patients are discharged and the idea is to reduce the need for patients to come into the office for appointments. Patients take images of their wound at specific intervals and send them over the platform. They are also expected to answer questions on compliance. The data is provided to doctors and nurses to review in a web interface. The company believes 90 percent of wound care cases would be reimbursed for this type of continued wound monitoring. Earlier this year, Healo was one of four winners in a healthcare version of Shark Tank held at Brigham & Women’s Hospital.
OhMD: Does having the ability to text-message doctors improve patient engagement? This company thinks it will. It wants to help patients securely contact healthcare providers and their care team. For a patient, the messaging platform can be integrated with the hospital’s patient portal. Nate Bechtel and Jun Il Chon founded the business.
Hedway: Do-it-at-home physical therapy seems to be growing, at least among startups, but it’s easy to see why. Watching a video is a lot more interesting than doing one’s PT prescribed exercises to music at home. And what if you mess up the steps? Also, most people doing physical therapy are doing it because they’re recovering from an illness or injury, so removing the need to go to an office from the equation reduces risk and eliminates the running around to chase up missed appointments. Hedway (previously named Moov) has an application that allows PTs to assign instructional video exercises to patients. Users are responsible for reporting their own progress on Hedway’s mobile app. That information can be tracked by the physical therapist. Evan Ryan, Casey Ryan and Einar Vollset started the company.