Today, Tallwave today announced the kick-off of its High Tide for Health IT Program startup competition and innovation search. From a pool of over 110 applicants from across the country, 11 consumer and B2B healthcare entrepreneurs seeking to disrupt healthcare as we know it were selected by Tallwave and its world-class board of High Tide for Healthcare IT advisors to advance through the leading lean business competition.
Since first announcing its High Tide for Healthcare IT program, Tallwave has been in close discussions with global healthcare brands like Mayo Clinic, Humana and Phoenix Children’s Hospital, and dedicated healthcare businesses inside companies like Citibank, GE and IBM, who are closely aligned with the program’s goals of nurturing innovators who launch startups that bring ideas to life, drive economic growth and solve real-world healthcare issues.
Selected startups will build a Minimum Viable Business by completing the modules to strengthening their viability and likelihood of obtaining seed funding. Program advancement requires completion of these milestones to reach program completion and the opportunity to participate in Capital Network Pitch Events.
These modules include:
- Understand exactly what it takes to build your business before raising capital.
- Work alongside Tallwave to create a detailed Go-to-Market and capital development strategy
- Identify and execute against specific milestones that earnyou credibility with investors
- Investor pitch training that prepares you to execute best practices, create a state-of-the art pitch deck, and answer tough questions
- Interact with and learn from an impressive portfolio of partners committed to your success throughout the entire program
- Capital network introductions with targeted VCs and other investor groups across the country have agreed to an in-depth review of all High Tide graduates
The selected Tallwave High Tide for Healthcare IT Program startups are:
- Dental Cloud 9, Buckeye, Arizona, integrates with existing medical software and fills gaps to offer a comprehensive dental practice management solution for desktop, tablet and mobile.
- ErrorTec, Carefree, Arizona, provides a telemedicine solution for medication administration using near field communication that eliminates errors, monitors patient vitals, and communicates with the patient’s physician.
- INSPIRE, Fairfax, Virginia, provides a respiratory monitoring device with a unique algorithm that allows for early detection of child pneumonia.
- Health Options Worldwide, Somerset, New Jersey, uses behavioral psychology to increase employee engagement with health plans and reduce reactive care spend.
- Imanin, Tempe, Arizona, provides physicians with a quick and easy to interpret solution for the reading of the carotid intima-media thickness (CIMT) predictive tests used to detect and prevent cardio vascular disease.
- ProNex, Deer Park, Illinois, offers EMR-type software for obesity management, lifestyle modification and other co-morbidities that enable cost-effective treatment and management for patients and doctors.
- Performance 3D, Scottsdale, Arizona, provides 3D motion capture and analysis technology that improves fitness performance and reduces the risk of injury.
- Sleep Evolution, Florence, Arizona, provides a web-based sleep apnea disease process management system that allows for more effective and cheaper treatment.
- Triage Now, Gilbert, Arizona, provides telemedicine support for employers to appropriately triage workplace injuries, prevent over-treatment, and speed up creation and filing of compliance paperwork.
- Nightingale Apps, Boston, Massachusetts, improves communication during shift changes amongst nurses in hospital settings, allowing them to better know their patients.
- Willowglade Technologies, Trabuco Canyon, California, provides a personalized patient experience for cancer patients and their families, caregivers, and friends by integrating all aspects of treatment into a mobile app.
The Tallwave Commercialization Fund (the Fund) funds $450,000 in services and cash to select participants who advance through the six month program. These entrepreneurs and their startups proceed through rigorous validation, acceleration and commercialization bootcamps, move-the-needle competitions and local, regional and national investor pitches in “pass/fail” scenarios.