New York Digital Health Accelerator announced that seven new companies have been selected to participate in its accelerator program for the class of 2014.
In addition to an average capital investment of $100,000 these start-ups will work closely with senior-level executives to fine-tune and develop their technologies and business strategies through direct mentorship. There will also be a series of workshops, panel discussions, user-group sessions, networking opportunities, one-on-one meetings and presentations.
The 2014 class was selected through a competitive process from a pool of over one hundred applicants by the senior technology and innovation executives of the state’s twenty-three leading health care systems.
“We have selected seven early- and growth-stage digital health companies that will be put on a fast track for building a successful business providing technology solutions to the health care industry that will ultimately reduce health costs and improve patient outcomes,” said Maria Gotsch, President and CEO of the Partnership Fund for New York City.
Following its success in its first year, wherein the class had raised $21 million in additional capital and two startups, Avado and Remedy Systems, were acquired within 6 months of graduating.
The 2014 Class has the following companies
AllazoHealth addresses the problem of medication non-adherence by leveraging existing member data to anticipate which patients will not take their medications to predict how best to effectively influence each patient to take their medication. www.allazohealth.com
Clinigence’s solution—built around clinical data analytics, sematic data aggregation, and predictive modeling—provides real-time clinically-based reports about care gaps which help healthcare providers improve outcomes to proactively address the shift to value-based models and the growing demand for quality patient care. www.clinigence.com
Covertix helpshealthcare organizations protect and control confidential data shared between patients, healthcare professionals, hospital networks and third party vendors to improve their coordination of care. www.covertix.com
iQuartic’s technology merges, structures and mines EHR, PBM, claims and mHealth data for analytics that inform and benchmark care based on outcomes/best practices and adjusted population. www.iquartic.com
Noom makes software to help people live healthier. For consumers, the Noom Weight Loss Coach, with over 11 million downloads, coaches users on nutrition and exercise. Noom’s different patient engagement apps are based on its consumer-facing app. www.noom.com
Sense Health uses mobile technology to build personal connections between providers and high-risk Medicaid patients to improve outcomes and the quality of care. www.sensehealth.com
Check out http://digitalhealthaccelerator.com/