On the surface, Health care sector may seem immune to new technology and jam-packed for new innovation. But the recently popped up tech startups are working to change it. They innovate products ranging from apps and social networks to robots and complex simulators. These newly innovated products work on a single goal, to replace the old existing one with new improved technology. Below are ten such innovation startups that are influencing the healthcare sector for the better world.
Founded in 2010, ABPathfinder develops solutions that assist therapist in helping individuals with autism spectrum disorders lives more social lives. Through its support software and technology tools, ABPathfinder helps autism centers around the world enhance therapy and drastically reduce administrative time. The ABPathfinder system trim down the time taken for administrative chores, increases face-to-face time with students and provide individual progress that would help them in improving the strategic therapy decisions. The cloud-based software assist educators and therapist design lesson plans, as well as collect, graph and analyze performance data. It works to maximize the time and effort invested in each child.
Founded by health tech entrepreneurs Steven Krein and Unity Stoakes and chaired by former Time Warner CEO Jerry Levin , the company announced last year a ‘significant A series investment’ led by FCA Venture Partners, a Nashville-based venture capital firm focused on health care. The financial terms of the financing was not disclosed. The organizations other investors include Mark Cuban, Esther Dyson, Roger Ehrenberg, Brad Felf, Richard Forman, Jason Finger, Linda Holliday, Jon Kaplan, Howard Krein, Jon Miller and lot more. These investors are from fields of heath, technology and business minds.
Founded in 2013, TalkSession is a website and innovative platform for online mental care. It connects patients to mental health care providers on demand through its workforce utilization management software. Its feature product is based on cutting-edge WebRTC video technology, in its first production application in a healthcare setting. The software provides web-based solutions for existing patient/provider networks to make their systems more efficient and patients healthier, through increasing access to mental healthcare and connecting behavioral health into primary care settings.
Founded by Melissa Thompson, TalkSession uses a unique algorithm to find the find the most suitable psychiatrist or therapist for people seeking mental health care, connecting patients and doctors. The meeting can be done online through video chat counseling (24/7). It currently boasts 50 mental health specialists ranging in various areas of expertise. The startup was funded by Angel funding in 2013 for an amount undisclosed.
Founded in 2012, Edamam is a site and app that offers multiple ways to search and filter recipes by simply typing what the person feels like eating classifying by diet ( vegan, dairy-free) or by calories. The recipes are gathered from variety of credible sources like New York Times, Food.com and Epicurious. Apart from recipes, it has nutritional information like the amount of fat, carbs and sodium in the particular dish. It also has companion shopping lists, one can check off as he shops. The app aims to become the nutrition engine of the web. For companies and developers that are lacking vast port folio of recipes, Edamam has recently launched the Recipe Search and Diet API. Such rich nutrition and recipe data combined with real time NLP opens a lot of opportunities for foodie or health-oriented developers.
Founded by the Victor Penev, the company’s initial funding was thrown in by Penev, who has gone on to raise an additional $800,000 from other individuals. The company offers Business-to-Business solutions and Business-to-Customers solutions. For big business clients, the company provides licensing and implementation. The founder explains, “Our mission is to help people eat better! We are seeing significant interest in our nutrition solutions from a wide range of businesses, including qualifies self companies, weight-loss and wellness management programs, recipe publishers, food manufacturers, grocery retailers, restaurants and catering companies.”
4. Pocket Anatomy:
A Galway entrepreneur has introduced an effective way to improve the clarity of doctor-patient discussions and he is about to start a crowd-funding campaign to raise a six-figure sum to help expand the business into the US. It is a visual software solution for healthcare, facilitating doctor-patient diagnoses communication and promoting patient well-being and personal healthcare understanding. This healthcare iOS apps are in use by 250,000 students and educators, as well as 50 educational institutions in the USA. The company targets to lift the underlying technology and make it more relevant and meaningful to patient market, thus empowering patients to understand and manage their own health and well-being.
Founded in 2011 by Mark Cambell, Pocket Anatomy won the ‘Boost’ StartUp competition at The Next Web (TNW) Conference in Amsterdam that includes $15,000 media value from sponsor WeTransfer. The company currently has three applications in the iOS App Store: Pocket Anatomy, Pocket Brain and Pocket Heart. Mac OS version of Pocket Anatomy was also launched at the conference. Pocket Anatomy has also become just the third European company to join the prestigious New York-based StartUp Health Academy.
Doctor.com is a database that connects doctors with patients based in New York, NY. It also helps medical practices and hospitals stand out and draw new patients in an increasingly crowded and fragmented digital health ecosystem. The vertical SaaS solution automates marketing, reputation management and patients acquisition for hospitals, doctors and dentists. Unlike companies like ZocDoc and HealthGrades, Doctor.com improves all marketing efforts by connecting patients where they already get trusted information.
Founded in 2008 by Andrei Zimiles, the company last year was funded $105 thousand Venture. The network of Doctor.com is powered by a suite of APIs for partners and central dashboard that empowers our clients to centrally manage their profile data, track performance and engage with both new and existing patients. The app also allows the users to read detailed reviews and rating written by other patients and are welcome to write their own experiences. On the background, is a tremendous amount of proprietary IP that spans telephony, online scheduling and point-of-care engagement. This is the only platform with this model in the market.
The 3D bio-printing technology startup, BioBots is looking forward to interrupt the nascent field of bioprinting with its new printer for 3D living tissue creation. The per price of the bio-printer in just $5,000 which is definitely a good to start with. The startup’s first product, BioBots 1, is a high-resolution, desktop 3D bioprinter that builds functional living tissues in 3D. It works in a way similar to FDM printers, printing one layer at a time, but with a bevy of hydrogels, such as agarose, collagen, alginate and polyethylene glycol. It works with both ‘Blue Light’and UV light. The cell solution which contains living, growing cells as well as vasculature for nourishment, is extruded from the 3D printer in a similar fashion to how at-home FFF 3D printers work.
BioBots is a company launched by Daniel Cabrera, a graduate of University of Pennsylvania Engineering School, and Ricardo Solorzano and Sohaib Hashmi, the staff research specialist in the Perelman School of Medicine. The trio together created a 3D bioprinter capable of printing in multiple body tissues. Despite of many bioprinters in the market, Cabrera claims this is not similar to the others in the market. The unique cartridge that the BioBots’ bioprinter uses, allow users to switch between the printing of different biological materials, alsmost as easily as a normal desktop printer can swap between colors. Very recently, the startup headquartered at Washington Avenue won $1000 at South by Southwest and is soon to raise a seed round.
Docphin helps physicians organize, bookmark, read and track medical news and research from a variety of sources, all within a single dashboard interface. The end product has a very consumer-like feel, especially with features like a Twitter widget for tracking medical societies’ tweets, bookmarking, commenting and social sharing. The content within the app is medical focused. Described as ‘Bloomberg for doctors,’ it has been growing since its beta launch in November 2011. Its aims is to keep physicians updated and to save them time.
Founded by Mitesh Patel, Derek Juang and Sachin Nanavati, the concept for Docphin is that of a personalized news dashboard that many startups have built-in the past for consumers. One of the core to know about Docphin is not the sum of its features but who is in the background. This is a company built by doctor-slash-entrepreneurs who have direct knowledge of what their fellow doctors need. For instance, Apart Patel being an entrepreneur, he is also a physician and a clinical researcher and has worked for ten healthcare startups. Navanati worked for IMS Consulting group that specializes in global strategies for pharmaceutical clients. Juang is also a physician. The Docphine website is free for users who are members of institutions working with the company. It is easy for the institutions to join the network.
A Dallas based company, Bloodbuy, has designed a price-matching system, similar to Priceline, to connect various hospitals with bloodbanks. The cost and the supply of donor blood varies with place and season, this company lets the hospital to choose a location and bid for the supply they need, then matches them with blood centers that qualify. The founder Christopher Godfrey claims his company tries to fill the data vacuum of the whole industry.
Headquartered at Texas Medical Center located at Houstan, Texas, Bloodbuy has produced average per unit cost saving of 20% on platelet orders, 24% on leukoreduced red blood cell (LRBC) orders and 27% on fresh frozen plasma (FFP), when compared to the traditional process. On a combined basis, this equates to a net reduction of 22% in total blood spend. Bloodbuy has been very consistent on its operation of 100% order fill rate, combined with same-day order turnaround time; which proves to the predictable and reliable nature of the technology platform and its web of market-leading blood centers. Last year the company won $150,000 award at the Health Acceleration Challenge that was shared with three other finalists.
9. Butterfly Network:
The healthcare startup Butterfly Network has launched a piece of machinery that will make ultrasounds and MRIs cheaper, smarted and quicker. The company’s hand-held imaging device aims to “replace a room of imaging equipment that costs $2 million to $6 million and takes eight seconds to acquire an image,” said Rothberg, the founder. “We can do 30 to 60 times more per second, and be 10 times more precise in how we direct the energy,” he added. The tool will walk users through the medical imaging process using on-screen instructions akin to Apple’s Panorama snapshot tool, and it will use ultrasound scanners to create 3D images in real-time. The 3D images are then sent to cloud service, which will work to zoom in on certain identifying characteristics in the images and help automate diagnoses.
Last November, the company raised $80 million in round funding. No specifics were disclosed about the funding. The new investment money is presumably coming from or through Rothberg’s 4Combinatore incubator. The fund would be used to further enhance the company’s imaging technology and Al techniques. The company’s investors include Aeris Capital and Jonathan Rothberg, who previously sold his gene-sequencing startup Ion Torrent for more than $375 million.
10. Twine Health:
Twine Health is a cloud-based platform designed to put some of the management of chronic disease in the hands of patients. It is based on a coaching model that sees the patient as apprentice in their own health care. With clinicians and patients working together using synchronized apps, they create extensive plans to reach important health goals decided on together. The co-founder and CEO John Moore explains, “There’s a new level of transparency in health care. It is time to shut up and show it for all to see.”
Twine Health changes the game by empowering the people to take an active role in their care, learning along the way, and overtime building self-efficacy. Twine Health shows patients who need assistance at the right time, permitting them to remain effective even as panel size grow. The Twine Collaborative Care Platform is a new class of digital health technology that helps patients build self- efficacy via thorough and continuous support from coaches and their clinicians. Despite of all the cloud-based software and mobile analytic it uses, it is radically simple and easy to adopt by clinicians and HCOs.