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Healthbox Chicago Unveils Its Second Class of Startups, Focuses on Post-Reform Challenges

by Fred Pennic 11/20/2013 Leave a Comment

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Healthbox Chicago announces its second class of startups with a keen focus on post-reform challenges of hospitals and health systems. 

Healthcare technology accelerator, Healthbox today announces seven startups selected for the second Chicago class bringing their total portfolio to fifty five companies. This second class of startups for Healthbox Chicago will have a keen focus on key pain points of hospitals and health systems as they navigate the post-healthcare reform challenges of hospitals and health systems.

Startups offering everything from online eye exams and solutions to help providers deploy custom, patient-facing, cross-platform applications allowing for better patient access, experience and quality of care are among Healthbox’s latest class of startups.

To assist these selected startups creating innovation around these challenges, State Farm will join the syndicate as a strategic sponsor of Healthbox Chicago 2013. Other strategic partners include:

  • St. Louis-based Ascension with its Chicago-based health ministry
  • Alexian Brothers Health System
  • Community Health Network of Indianapolis
  • Ridgeview Medical Center of Minneapolis

The class will be introduced tonight at an invite-only opening reception where the startups will present their businesses to and network with industry experts and business professionals from across the Midwest. Each startup will receive free office space, mentors and $50,000 in seed funding in return for 7 percent equity stake. Healthbox will also play a key role in helping the startups establish pilots and key partnerships needed to validate their services/solutions.

This is Healthbox’s seventh class of startups with previous programs launched in Boston, Florida, Nashville and London.

Here is an overview of the seven selected startups:

  • Ceuticare simplifies treatment for chronic illness by providing patients access to pharmaceutical expertise at the point of care.
  • PatientConnecter helps providers rapidly deploy custom, patient-facing, cross-platform applications allowing for better patient access, experience and quality of care.
  • Learn It Live connects groups to real-time online health and wellness classes led by experts. Class topics range from nutrition to stress relief to disease management.
  • Ludi ensures hospitals effectively manage physician-hospital agreements so that the expectations of the agreement are fulfilled and regulatory risks are decreased.
  • Opternative provides an online eye exam to be used anywhere at anytime.
  • Purple Binder integrates community services into healthcare, to address patients’ needs outside the clinic.
  • Quietyme promotes sleep and health by monitoring noise levels, temperature and humidity in rooms.
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