Last week, a partnership between the New York e-Health Collaborative (NYeC) and the Partnership Fund for New York City announced that they have selected seven healthcare startups to participate in the 2014 New York Digital Health Accelerator. They chose the following companies:
AllazoHealth addresses the problem of medication non-adherence. They use member data to anticipate which patients won’t take their medication on time and to effectively influence those patients to take their meds.
Clinigence is built around clinical data analytics, providing real-time clinically-based reports about care gaps, which will hopefully help healthcare providers to improve outcomes and proactively address the growing demand for quality patient care.
Covertix helps healthcare organizations protect and control the confidential data that’s shared between patients, healthcare professionals, hospital networks and third party vendors.
iQuartic works to merge EHR, PBM, claims and mHealth data, which means that they hope to inform and benchmark care based on outcomes, best practices and adjusted population.
Noom makes software to help people live healthier lives. Over 11 million people have downloaded the Noom Weight Loss Coach app, which coaches users on nutrition and exercise. They’re now working on a bunch of other consumer-facing apps.
Sense Health connects providers and high-risk Medicaid patients using mobile technology, hopefully improving outcomes and quality of care in the process.
These companies will enter a four-month accelerator program in New York City, working closely with senior-level executives to fine-tune and develop their technologies and business strategies. They’ll get mentors, and participate in workshops, panel discussions, user-group sessions, networking, and presentations. These mentorships will be provided by twenty-three leading healthcare organizations, including insurance companies, medical centers and hospitals in the NYC area. Plus, each winning company will receive an average of $100,000 in capital investments.
This program is relatively new, but last year’s class raised $21 million in additional capital and created 120 new jobs in New York City. Pretty impressive, right? Two of last year’s startups, Avado and Remedy Systems, were acquired within six monthes of graduating from the program.
The 2014 class was chosen with the hope that they’ll meet equal success. “They were 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,” Maria Gotsch, President and CEO of the Partnership Fund for New York City, said in a press release. “They 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.”
For more information about the New York Digital Health Accelerator Program, visit their website here.
Jenni Whalen is the Executive Assistant of Editorial at Upworthy. She was previously MedTech Boston's Managing Editor and has an MS in Journalism from Boston University, as well as a BA in Psychology from Bucknell University. Whalen has written for Greatist, Boston magazine, AZ Central Healthy Living and the New England Journal of Medicine, among other places. She has also worked as a conference planner, ghost writer, researcher and content developer.
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