New York Digital Health Accelerator announces inaugural startup class during this week’s Digital Health Conference 2012
New York eHealth Collaborative (NYeC) and The Partnership for New York City Fund (Parnership Fund) announced the inaugural class of 8 startups for the New York Digital Health Accelerator, the largest funded health IT accelerator program in the United States. The program is the first of its kind to offer access to senior-level healthcare providers who are committed to the success of the selected 8 startup companies.
The 8 selected earrly stage and growth companies were selected out of 250 applications from companies located in 27 states and 10 countries. Each company received up to $300k in funding including mentoring from leading senior level executives at leading healthcare hospitals and providers for nine months in addition to a commitment to open an office in New York state. The companies will have a great opportunity to leverage this community of hospitals and providers mentorship, testing, and validation of their companies products/services to accelerate their growth.
With an investment of $4.2 million, the NYDHA program is expected to create over 1,500 jobs over the next five years and will attract upwards of $150 million to $200 million in investments from the venture capital community post program.
The Digital Health Accelerator inaugural class include:
AdhereTx Corporation’s KnowMyMeds web-based, interoperable software supports team-based medication management and reconciliation for high risk patients at the point of care. KnowMyMeds enables healthcare practitioners to perform clinically validated , cost-effective medication review for high risk patients, including “dual eligibles” and the chronically ill, to reduce their drug-related hospitalizations and readmissions.
Aidin is a web-based referral platform for hospitals discharging patients to post-acute care. Aidin collects hard data about how well post-acute providers perform and makes it easy for hospital staff to present that information to patients when they are choosing their post-acute provider – helping patients choose better providers for better outcomes.
Avado allows clinicians and patients to securely communicate, track, and manage health information. We centralize data from many EHR’s and make it usable for all stakeholders. Providers can take comfort knowing that Avado exceeds Meaningful Use requirements for patient engagement while also addressing requirements for medical homes and accountable models.
CipherHealth helps hospitals avoid government penalties by reducing preventable readmissions, improving outcomes, better coordinating care, and creating a positive patient experience. CipherHealth reaches out over the phone, through tablets, via email, text, or the web, better engaging patients in their care and building stronger relationships between patients and providers.
Cureatr will radically improve how healthcare providers communicate and coordinate patient care. Our lightweight, user-friendly HIPAA-secure group messaging system integrates with existing directory, scheduling and paging systems, making it easy to use while coordinating care within or between organizations.
MedCPU delivers accurate real-time clinical care advice through its revolutionary Advisor Button technology. It uniquely captures the complete clinical picture from clinicians’ free-text notes, dictations and structured documentation entered into any EMR, and analyzes it against a growing library of best-practice content, generating real-time precise prompts for best care consideration.
Remedy Systems leverages the power of mobile to lower the cost and improve the quality of healthcare via our flexible care coordination platform that enables physicians and nurses to concentrate on delivering the highest quality of care possible while fostering engagement from patients and family/friends.
SpectraMD maximizes the value of data across the continuum of care with business intelligence solutions. Our FOCUS™ Actionable Analytics platform enables stakeholders in hospitals and ambulatory care settings to improve outcomes, increase revenues, succeed in quality-based initiatives including Reducing Preventable Readmissions and leverage analytics for the Health Home initiative.