On the cusp of kicking off its second cohort of health IT startups, Cedars-Sinai Accelerator, a collaboration with the Los Angeles-based health system and Techstars, named the eight startups taking part, whittled down from a pool of 650 applicants. Their ideas span from forecasting healthcare facility labor needs to a business to business platform for selling medical apparel.
Cedars-Sinai physicians and members of the administration act as mentors to the companies. The cohort companies receive$120,000 in seed funding to cultivate health-related ideas and inventions across artificial intelligence, mobile health, healthcare financing, and wearable devices among other digital health subsectors. The program culminates in a demo day on April 19.
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Here’s a list of the companies taking part with descriptions taken from Cedars-Sinai Accelerator’s website and information from the participating companies’ websites, where available.
Cerebro Solutions is a Los Angeles-based company that works with healthcare organizations to manage clinicians and labor costs and also forecasts labor demands. Dante Tolbert is the CEO and Alice Jo is the CSO.
Enso created a way to help people steer clear of opioid medications with a device cleared by the U.S. Food and Drug Administration that uses electrical stimulation to relieve chronic pain. The company is led by cofounders Shaun Rahimi, CEO, and CTO Kevin McCullough.
FIGS is an eCommerce platform that’s added some design flair to classic hospital scrubs with tailored, fluid-resistant fabrics. CEO Heather Hasson cofounded the Los Angeles company with Trina Spear, the president.
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Frame Health — develops psychological profiles and with the help of predictive analytics tries to figure out which patients are most likely to be high-cost and nonadherent. The idea is to prescribe personalized treatment plans that optimize outcomes and reduce costs. Bruce Ettinger is the CEO and Simon Barere is CTO of the Los Angeles business.
Healthcare TTU is a healthcare finance startup. It developed a predictive analytics platform for health systems for cash flows and valuation of accounts receivable to help hospitals increase their financing opportunities, according to Cedars-Sinai’s website. Pearson Talbert is the president and J. William Anderson is CEO of the company based in Nashville, Tennessee.
HealthTensor is a company that improves patient outcomes and reduces costs through artificial intelligence, the description on Cedars-Sinai Accelerator’s website noted. It seems like a crowded market already, but I do wonder what form HealthTensor’s approach will take. CEO Eli Ben-Joseph cofounded the San Francisco business with COO Nate Wilson and CTO Thomas Moulia.
Noteworth The idea for the business was hatched from an insulin pump that repeatedly broke down due to interference with the insulin pump owner’s hospital pager. Formerly known as Data Minded Solutions, the rebranded business wants to seamlessly unite smart medical devices, data, and support into a single, interoperable platform that helps physicians deliver more informed, efficient and proactive care. Justin Williams, the CEO, and Nishant Panchal, CTO, are cofounders of the Hoboken, New Jersey company.
ReferralMD is designed to speed up physician referrals and eConsults with other doctors to reduce patient leakage. Jonathan Govette is the CEO and founder and David Bongiovanni is the CTO of the San Francisco-based business.
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