Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare is expanding to the East Coast with the opening of a brand new office in the Greenwich Village neighborhood of NYC. In conjunction with the new NYC office, Rock Health also announced it has added three new East Coast companies to its portfolio. These companies will join Rock Health’s existing portfolio of East Companies: Aptible (NYC), Cardiio (Boston), Docphin (NYC), Kit Check (DC), Neumitra (Boston), Podimetrics (Boston), Reify Health (Boston), and Wellframe (Boston).
In a blog post, Halle Tecco, founder and managing director at Rock Health provided an overview of their latest East Coast digital health investments:
1DocWay
1DocWay (NYC) allows hospitals to deliver telemedicine services to underserved patient populations. Their current focus is telepsychiatry, which has proven as effective for mental disorders as face-to-face conventional treatment.
To date, 1DocWay has facilitated over 18,000 digital patient sessions, with an impressive 85% of patients returning for follow-up visits. We admire their focus on a vulnerable (and enormous) population of the 80M Americans living in rural communities with limited access to local psychiatric professionals. 1DocWay’s mission is to connect this population with the highest quality telepsychiatry services and care.
Samir Malik, who founded 1DocWay, is a former psychiatric hospital executive and McKinsey consultant. Along with his co-founders Danish and Mubeen, they are well positioned to make a huge impact on behavioral health.
Arsenal Health
Arsenal Health (Boston) is a provider analytics company. Their first product, Smart Scheduling, helps physician practices optimize bookings by using data to predict cancellations and no-shows.
The Arsenal Health team has analyzed millions of data points about patients from athenahealth to better predict behavior. This year they also began a partnership with athenahealth to market the Smart Scheduling product through the athenahealth marketplace. One of their happy customers, Steward Medical Group, is able to see 100 more patients every week by using Smart Scheduling.
The CEO and Co-founder, Chris Moses, is a 2010 graduate of the MIT CogSci program and founded the company out of the MIT Hacking Medicine conference.
Caeden
Caeden (NYC) is developing truly wearable technology. The company is taking an orthogonal approach to the wearables market, focusing first on creating an iconic fashion brand, and next on embedding the latest biosensors into their product line. Their 2014 holiday launch was covered by The New York Times, and they were featured in Vogue’s April issue on wearables.
We love their differentiated approach, and believe they’ll be able to reach a demographic not yet touched by wearable companies when they launch this summer.
The company was co-founded by Nora Levinson (President & CEO) and David Watkins (Chief Creative Officer). Nora and David have worked together for almost a decade in consumer product development, including several years based in China at Jawbone and Skullcandy. And Soo Joo Park, the face of L’Oreal, is their spokesperson (no big deal).