Startups

Meet the companies that participated in Furthur Fund’s latest demo day

At Chicago-based Furthur Fund’s demo day on July 25, companies discussed their solutions, which tackle topics like interoperability, telepsychiatry, clinical education and communication with patients.

Last week, a series of startups told their stories as part of Furthur Fund‘s demo day. Furthur, an early stage venture fund based in Chicago, was founded by entrepreneur and investor Jordan Dolin and venture capitalist James Crawford.

Here’s a peek at the companies that presented during the July 25 demo day.

Sponsored Post

Physician Targeting Using Real-time Data: How PurpleLab’s Alerts Can Help

By leveraging real-time data that offers unprecedented insights into physician behavior and patient outcomes, companies can gain a competitive advantage with prescribers. PurpleLab®, a healthcare analytics platform with one of the largest medical and pharmaceutical claims databases in the United States, recently announced the launch of Alerts which translates complex information into actionable insights, empowering companies to identify the right physicians to target, determine the most effective marketing strategies and ultimately improve patient care.

Quant HC zeroes in predicting causes of clinical deterioration 36 to 48 hours in advance. Its eCART solution is installed on a hospital’s existing IT infrastructure and can draw information from various databases with the ultimate goal of providing better patient care.

Based in Chicago, Regroup Therapy provides telepsychiatry solutions for healthcare facilities and mental health clinicians. It employs more than 100 full-time and part-time psychiatrists, and its clients include OSF HealthCare, Oak Street Health and Iora Health.

ED Loop focuses on improving patient satisfaction in the emergency department. Patients can connect their cell phones to the startup’s HIPAA compliant platform. The ED care team can then directly text patients updates and educational content.

Simply put, Advocatia partners with hospitals to help increase your reimbursement and decrease your bad debt by better assisting your underserved populations,” co-founder Laura Robbins said during the demo day. It does so by screening and enrolling people in available healthcare financial options.

Health Scholars, which won the health services track of the MedCity INVEST Pitch Perfect contest in May, narrows in on clinical education. Spun out of OSF HealthCare, it has a simulation-based platform that allows organizations to deliver tech-enabled educational content.

TAFi is looking at the interoperability space. The company’s platform aggregates data from sources such as EMRs, EHRs and HIEs so that healthcare organizations can have more insight regarding their patients. It is integrated with EHR vendors like Cerner and Epic, and its solution provides real-time visibility.

EDGe Surgical has developed a disposable Electronic Depth Gauge, which is intended to improve accuracy and precision during surgical procedures. During the demo day, CEO Chris Wilson noted that no one uses analog mercury thermometers anymore — people use digital thermometers. “We want to do the exact same thing with orthopedic surgical tools,” he said. EDGe Surgical wants to replace the analog tools with improved digital ones.

Last but not least, Furthur Fund’s Intrapreneurial Toolkit is a platform for hospitals to objectively assess the viability of new solutions developed by internal innovators. “You set the parameters, and we filter through these solutions,” Jordan Dolin said during the demo day. “What we’re doing is … creating an executive summary so that instead of 100 solutions, we help you bubble up the top 10 or 15.”

Photo: pixelliebe, Getty Images