New York Digital Health Accelerator has picked seven health IT startups and growth-stage companies for its four-month program. The hopes for the accelerator companies is that they are as effective in surmounting healthcare challenges as they are in building jobs.
In its inaugural class, two companies were acquired, — Avado and Remedy Systems — and 120 jobs were added to the local economy, according to a statement from the New York eHealth Collaborative. Participants in the program work with hospitals across the city and receive up to $100,000 to advance their healthcare solutions.
The accelerator is run through a public-private partnership led by New York eHealth Collaborative and the Partnership Fund for New York. Investment capital comes from Baxter Ventures, Deerfield Management, Milestone Venture Partners, New Leaf Venture Partners and Safeguard Scientifics.
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Here’s a summary of the companies:
AllazoHealth tackles medication adherence through predictive analytics that uses data from patients to determine the most effective way to influence patients for a positive outcome.
Clinigence also uses big data and analytical tools to provide real-time clinically-based reports about care gaps. The reports are designed to help healthcare providers improve outcomes for a healthcare system switching from fee for service to pay for performance.
Covertix helps healthcare organizations protect and control confidential data shared between patients, healthcare professionals, hospital networks and third-party vendors to improve coordination of care.
A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
iQuartic mines electronic health records to do big data analysis, such as predictive analytics for such things as diabetes, COPD and the likelihood of re-admission. The data is also used for analytics that inform and benchmark care based on best practices.
Noom develops health and wellness apps around nutrition. It’s probably most well known for its weight loss coach app, which gives advice to users on nutrition and exercise. Last year it secured a two-year NIH grant to study the effectiveness of an app to track binge eaters to gain insights into their behavior. The study is being led by Mount Sinai Hospital eating disorder researcher Tom Hildebrandt.
Quality Reviews has a physician review website, RateMyHospital.com which gives real-time, mobile patient feedback.
Sense Health is a StartUp Health company that uses mobile technology to build personal connections between providers and Medicaid patients with chronic conditions. The idea is that by pushing text message interactions, it can help care managers influence patient behavior so they adhere to a care plan.
Featured picture from from flickr user Edgar Zuniga Jr
