Village Capital, a venture capital firm, and Kaiser Permanente have teamed up to address the needs of the aging population in America through a new program called Health: US 2018.
Last week, the organizations revealed the 10 startups that made the cut for the venture development program.
When Investment Rhymes with Canada
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
Here is the cohort:
Advocatia. Based in Chicago, the company gives hospitals tools that help their uninsured and underinsured patients. For example, one of its solutions lets health systems inform patients of their financial assistance policies.
CareAcademy. The Boston-based company’s platform offers online professional classes for caregivers of older adults. Agencies can offer employees courses in topics like elder abuse and neglect, emergency procedures and HIPPA.
Moving Analytics. The startup offers a virtual cardiac rehab and prevention program for heart disease patients. It is based in Los Angeles.
Multisensor Diagnostics. The Baltimore company’s MouthLab device (which has not been approved by the FDA) gathers numerous key vital signs in patients. MDx’s technology can then alert caregivers of any abnormalities.
Headquartered in New York City, Nonnatech has a solution that enables early detection of health conditions and pinpoints those who may be at risk of hospitalization. Its clients include hospitals, senior living communities and payers.
PharmaCCX. Based in Boston, it works with pharma companies, single-payer governments and other organizations to improve drug pricing negotiation.
ReciproCare. The startup has an online marketplace that lets employers search for caregivers and allows caregivers to search for job opportunities. It is based in Silver Spring, Maryland.
Madison, Wisconsin-based Tailored Care Enterprises has a TCARE (Tailored Caregiver Assessment & Referral) platform that supports unpaid family caregivers and seeks to prevent caregiver burnout.
Tending. The California startup has a care coordination platform and concierge service for caregivers. Patient medical information can be uploaded to the company’s care portal, and caregiving tasks can be assigned to certain individuals.
Based in Houston, Texas, Veritage Solutions seeks to turn siloed data from aging patients into actionable information that family members, providers and therapists can use.
The Health: US 2018 program consists of three four-day workshops. Throughout the experience, entrepreneurs will receive guidance from investors, potential customers and their peers. When it wraps up, two startups (selected by the program participants) will receive $75,000 each from VilCap Investments.
“At Kaiser Permanente, we strive to create healthy environments for people of all ages living in the communities we serve,” John Vu, Kaiser Permanente’s vice president of strategy and community health, said in a statement.
Photo: Olivier Le Moal, Getty Images
