Last week, Pilot Health Tech NYC Hosts and Innovators alike gathered at the NYCEDC office for coffee and collaboration, booting up laptops and smart phones. These were the 2014 victors- the teams who took home a total of $1 million in pilot funding.
The chance to pilot a new technology with a prestigious healthcare institution and get funding for that project can be a dream come true for most digital health entrepreneurs. However, that dream can quickly turn into a nightmare without the proper tools, knowledge and guidance to ensure that a project is successful. Pilot Health Tech NYC hosts Grantee Day for our annual winners in order to prepare them for the bumpy road ahead and ensure that the ride is as smooth as possible. Grantee day allows for innovators and hosts alike to hear from experts on common mistakes for clinical studies, as well as tips for completing a successful project that can help companies gain investments, customers or the opportunity for more partnerships in the future.
All of the teams had a chance to introduce their ideas and companies, without the nerves of presenting to a large audience as they did on Pilot Day. They spoke eagerly of their work, smiling and gesturing. One enthusiastic innovator even dialed in from the west coast to participate.
Amyt Eckstein of Moses & Singer, LLP discussed legal topics that health technology companies should consider while working on their pilots and also gave advice for navigating with their host organization’s legal team. To get a frontline perspective from an innovator, alumni Stan Berkow, CEO of Sense Health from last year’s inaugural Pilot Health Tech NYC cohort shared his clinical trial experiences to the newest batch of winners. From an innovator’s outlook, he described his projects’s journey and pointed out things he would have done differently. Stan delivered a frank anecdote on how easy it may be to get caught up with obstacles along the way, but that one should never stop moving forward with their project.
The innovator perspective is just one side of the story. Steve Berman, Director of Business Development at Montefiore, who gave an inspiring speech about what its like to be a host going through the pilot process. Steve was very direct with our innovators, advising them on how to cut the fluff and be direct with what it is they can do for host organizations. He spoke about the pitfalls that many innovators face when conducting a study and how successful companies can use their trial results as a token of credibility to work with other prestigious organizations.
After listening to past winners’ successes and lessons learned, there was one big question on everyone’s mind: what does it take to run a successful pilot? To answer that question, Polina Hanin, Community Director at Startup Health gave our audience invaluable advice for how to turn studies into customers and future success. She closed on the note of advising our Pilot Health Tech winners to know what it is they are trying to prove and to keep their study design simple.
With the tools for success now in hand, we’re confident that our innovators and hosts are ready to begin their own journeys of piloting their projects and contributing to the innovation of health care in NYC.
Health 2.0 announces Bernard J. Tyson, Chairman and CEO of Kaiser Permanente, as a keynote alongside visionary physicians Eric Topol, Patrick Soon-Shiong, and Samsung’s President Young Sohn at the Health 2.0 8th Annual Fall Conference this coming Sept. 21-24 in Santa Clara, CA. This year, Health 2.0 is set to host the very first Wearable Tech Fashion Runway as a part of the larger session on Consumer Tech & Wearables: Powering Healthy Lifestyles. The panel will also showcase data utility layer platforms from tech giants such as Intel, Qualcomm, WebMD, and Walgreens, which are working with these trackers to provide a complete consumer health solution. Once again,Health 2.0 leads the industry with never before seen technologies, panels, and discussions based on industry classifications of patient-provider communication, consumer facing products, professional facing products, and data analytics.
Health 2.0 8th Annual Fall Conference highlights include:
- Consumer Tech & Wearables: The newest addition to the Health 2.0 agenda is The Wearable Tech Fashion Runway which features a multitude of wearable health tech in addition to data utility layer platforms from giants such as Samsung, Intel, Qualcomm, WebMD and Walgreens.
- Big Names, Big Issues, Big Solutions: Notable Industry leaders and companies bring their solutions and knowledge to tackle some of the most pressing issues within health care. Newly added to the agenda are Ryan Howard (Practice Fusion), Mike & Albert Lee (myfitnesspal), Kent Bradley (Safeway), Jonathan Bush (athenahealth), Girish Navani (eClinicalWorks), Andy Krackov (California Healthcare Foundation), Jacob Reider (ONC), Rajni Aneja (Humana), andDena Bravata, (Castlight Health). A special bonus feature includes ademo of the latest Samsung Electronics platform and product–SAMI and the SIMBand–with President Young Sohn interviewed by Indu Subaiya (Health 2.0).
- Health care Data Analytics: This topic covers the volume, velocity, variety, veracity, and value of health care data and analytics. Highlights include genomics, non-invasive diagnosis tools, and integrated data collection to uncover new discoveries, personalize medicine, and develop new care protocols with speakers from IBM Watson, Merck, Predilytics, and many more.
- Start-Ups, Entrepreneurship & Investors: This year, Health 2.0 is poised to offer new opportunities for start-ups and entrepreneurs during the fall conference. Traction: Health 2.0’s Start-Up Championship is the inaugural pitch contest enabling series A-ready start-ups to showcase their business plan in front of a judging panel of renowned venture capitalists. The Bootstrapped Basecamp will put the most innovative seed stage start-ups inside the Health 2.0 Exhibit Hall to be found by potential partners, investors and customers.
The 8th Annual Health 2.0 Conference showcases over 200 LIVE demos, 150+ speakers, and 50+ sessions across four full days with an extensive audience of 2,100+ health care professionals, health care and health tech executives, thought leaders, policy makers, and entrepreneurs. A multitude of never before seen technologies will be presented on stage,while the conference offers ground-breaking insights into the policy, tools, and solutions of new health care technology.
Registration information is available here. Prices for the conference are set to increase on Wed. 30th, July. The full agenda of speakers and companies can be found on the main conference website here.
Frost & Sullivan, a leading global research and consulting firm, recognized Validic as the winner of its 2014 Best Practices Global Healthcare Information Interoperability Customer Value Leadership Award.
Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in implementing strategies that proactively creates value for its customers. This is all with a focus on improving the return on the investment customers make in its services or products. Frost & Sullivan’s award recognizes Validic’s exemplary focus on enhancing the value its customers receive, including customer service, customer retention and customer base expansion.
The Frost and Sullivan report stated “On analysis of the market landscape for healthcare interoperability solutions, Validic clearly stood out as generating the best value….Validic is agreat value to healthcare companies looking to accelerate their digital health business strategies.” Frost & Sullivan Press Release
Earlier this year, Validic was recognized as a Gartner “Cool Vendor” for its innovation with remote patient monitoring, medical identify protection, wellness application and device integration.
Additionally, Validic will be sponsoring and exhibiting at the upcoming Health 2.0 Fall Conference.
“As the healthcare industry’s premier technology platform for accessing digital health data, we think it’s important for Validic to support Health 2.0 on a national and regional level” stated Chris Edwards, senior vice president of marketing at Validic. “We are excited to participate at Health 2.0, where we have several clients and device integration partners scheduled to showcase their innovation in the delivery of care leveraging the Validic digital health platform.”
Validic recently acquired Silicon Valley-based Infometers, a remote patient monitoring technology company. View Press Release
This acquisition established a Silicon Valley office in addition to Validic’s Durham, NC headquarters near Research Triangle Park.
The Beckwith Institute awarded 11 new grants to UPMC clinicians and other staff to try out changes big and small that will involve patients and raise the level of care. Projects range widely and include an effort to develop a shared decision-making tool for family members of patients in intensive care units and the creation of an interactive, Web-based “thermometer” to monitor the mood and energy of adolescents with bipolar disorder.
ShapeUp, a provider of social networking and incentives-based employee wellness solutions, debuted three new Social Wellness challenges. Each new challenge helps employers creatively and actively engage employees in their health.
PumpUp, makers of an app that allows users to post their fitness and health goals and progress, closed a $2.4 million seed financing round led by General Catalyst Partners. The app currently has over 1.7 million users, according to the startup.
Healthgrades joined athenahealth’s More Disruption Please program, giving athenahealth’s practice customers the ability to post appointment availability online for patient self-scheduling.
The parent company of Lumeris announced $71 million in new financing from new and existing investors, which it will use to boost its population health management capabilities and expand from eight to 20 markets for its value-based care solutions. The parent company’s other companies are Accountable Delivery System Institute (accountable care education), Essence Healthcare (Medicare Advantage plan), and NaviNet (communication network).
e-MDs, a provider of electronic health records and practice management solutions, ranked fifth overall in the Medscape EHR Report 2014, and in the top five in 13 other categories including EHR by practice situation, ease of use, satisfaction, vendor support, and connectivity.
The State of Arkansas connected Allscripts’ electronic health record solutions with the state’s health care information exchange (HIE) for more efficient and effective exchange of critical patient information, and improve the quality and delivery of care.
Comanche County Memorial Hospital, a non-profit, acute care facility in western Oklahoma, selected Merge HealthCare‘s vendor-neutral archive and image viewing and sharing solutions for improved disaster recovery and operational workflow. This will enable the hospital to meet Meaningful Use 2 (MU2) requirements, support health information exchange (HIE), and enhance patient experience.
Varian Medical Systems, provider of medical devices and informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices, will equip the first satellite radiotherapy center in Scotland.
Maryland Innovation Initiative awarded $6.4M to 67 commercialization projects and start-up companies in fiscal year 2014, including 7 health care and life sciences projects like respEQ, MedSense, EMOCHA Mobile Health, and SilcsBio.
The Robert Wood Johnson Foundation is back with another exciting challenge.
As a result of health insurance exchanges, the market for health insurance is shifting towards orienting sales directly to consumers. The exchanges offers more choices to consumers with considerable variation in benefit design and cost-sharing features of different products.
While decision aid tools for choosing health insurance do exist, they often aren’t adequate and there is widespread recognition that consumer choice is not being supported. Many of the plan choice tools currently available focus on plan premiums and ignore the variations in cost-sharing features that could be highly significant.
The RWJF Plan Choice Challenge wants to create a tool that will help consumers make informed coverage decisions. Using the HIX Compare Dataset, this app would allow consumers to understand variations in cost-sharing features to compare and select the best plan for them.
Pre-register now to enter!
Written By: ZPB Associates
Since appearing at the Health 2.0 Europe conference in London in 2013, uMotif has enjoyed large-scale deployment into the NHS in England. We caught up with the company’s Co-Founder Bruce Hellman, to find out more.
Your deployment into the NHS came about after meeting a consultant from a hospital in the southeast. Can you tell us how it happened?
I saw him speaking at one of the event sessions and could see he would be open to the type of thing we’re doing. I waited until one of the coffee breaks afterwards to speak to him and was able to introduce the company and our app. He really got what it’s about and so we were invited to meet his team, who got it too, and so since then we’ve been working with them closely to slowly work toward deployment stage.
Getting there takes a lot longer than you realise and the procurement stage means a lot of work from your side, but introducing new tech products into the NHS isn’t easy. Being able to speak to other people going through those same challenges is another benefit of being at events like these.
You say it takes time to reach the deployment stage, so what else has uMotif been up to since last year’s event?
Well since Health 2.0 2013, we’ve won an award that included partnering up with a marketing firm; we’ve launched our app on the Apple Store and Google Play, configured it to work with even more patient groups and are currently preparing for a special launch in September.
How are technologies like yours transforming patient care, and the delivery of service for clinicians?
Any technology is best when it focuses on human behavior; it’s a principle that’s millennia old. That’s why we have focused our technology on enhancing human relationships.
We wanted to improve the relationship between patient and clinician and ensure that for the first time clinicians have data that helps them make not just better decisions, but shared decisions.
Our technology delivers self-management and empowerment in a way that’s easy to consume, improving medication adherence, patient experience, patient education, post-op care and reducing emergency readmission. Continue reading →
New York-Presbyterian Hospital is renting space at the Blueprint Health accelerator, installing its own computers and servers at the accelerator’s SoHo offices to create an “innovation space.” The hospital says it is also open to commercializing technologies developed by Blueprint’s startups.
Chinese electronics company Xiaomi debuted a new fitness band that will retail in China for just $13 (79 RMB). The device will track activity, act as a silent alarm, and do will unlock the user’s phone in lieu of a password.
England-based HealthUnlocked, which calls itself “LinkedIn for Health” in connecting people with a given condition to each other and to providers, plans to expand globally as it releases a new mobile app.
Walgreens introduced its new “Balance Rewards for healthy choices” initiative, which is the third iteration of the Walgreens Balance Rewards program’s digital health components. This latest update will see Walgreens training some of its pharmacists and online customer reps in Stanford psychologist and mobile health expert Dr. BJ Fogg’s behavior change methodology, called Tiny Habits.
The New York eHealth Collaborative announced the first seven health care startups selected to participate in the 2014 New York Digital Health Accelerator. The 2014 class includes: AllazoHealth, Clinigence, Covertix, iQuartic, Noom, Quality Reviews, and Sense Health.
HealthEquity, which offers an online health savings account management system, announced plans for a $100 million IPO.
According to a new market report published by Transparency Market Research, the global e-clinical solution software market is estimated at $3,005M in 2014. It is expected to grow at a CAGR of 13.8% from 2014 to 2020 to reach $6,515.3M in 2020.
OBGYN.net will publish relevant content about events that impact obstetrics and gynecology, including the Hobby Lobby decision, the FDA‘s investigation of the use of mechanical power morcellation in minimally invasive gynecological surgery, and the American College of Physician‘s recommendation against pelvic exams.
NoInjuries.com, a non-profit initiative, is offering a free support kit for implementing and sustaining a facility-wide health care injuries prevention program. It includes handy assessment guides for conducting a facility self-assessment, helpful hints on organizing a team, changing the workplace culture, an early patient mobility guide, and ongoing updates.
Epion Health, a SaaS patient engagement platform provider, raised $4.5M in Series A funding from Deerfield Management. Epion replaces clipboards and paper forms with iPads, and fully integrates with electronic health record and practice management systems.
Galen.me is an integrated technology platform that allows medical professionals to register and list their services for prospective patients. Patients can search for physician offerings by location and price.
DICOM Grid, a comprehensive cloud-based platform for medical image management and exchange, raised $6M in inside funding round. Key investors include Canaan Partners, CHL Medical Partners, and Mayo Clinic among others.
Michigan Health & Hospital Association partnered with ArborMetrix to integrate its database with the ArborMetrix’s EpisodeMetrix platform to provide its member hospitals with insights into their performance on readmissions measures and other clinical measures of acute care quality.
CVS Caremark entered into new clinical affiliations with four major health care providers. Through these clinical affiliations the patients of these health care providers will receive access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic. CVS will also provide prescription and visit information back to health care providers through the integration of secured electronic medical record (EMR) systems.
Wearable technology developer Sensoria closed a $5 million funding round. Sensoria produces textile and traditional sensors and software, which allow manufacturers to create clothing to gather biometric data. The company has created a bra, T-shirt and socks with embedded textile sensors that relay heart rate, activity, running form, wellness and fitness levels to a smartphone app in real time.
San Francisco Mayor Ed Lee announced the city’s open data strategic plan, which outlines six goals for the next three years, ranging from improving data quality to encouraging more data driven decision making. This plan came five months after the appointment of Joy Bonaguro as the city’s first Chief Data Officer (CDO).
Geisinger Health System partnered with Hamburg, Germany-based Indivumed on a new initiative to offer patients advanced, personalized cancer treatment protocols and clinical trials. Indivumed seeks to better understand the biological differences between tumors and how patients respond to treatment to support the implementation of personalized therapy through their biobank of tissue and data from more than 20,000 patients.
Remedy Partners, which demoed their approach to managing bundled payment programs on stage at Health 2.0’s 7th Annual Fall Conference, raised $35 million in funding.
Close to 100 Indiana high school football players will wear impact-detecting sensors on their helmets during an upcoming all-star game. If a player takes a hard hit on the field, a red light will turn on, alerting officials that the player may need to be checked out.
Starting in September, cruise line MSC Cruises will offer guests a multilingual pediatric telemedicine service, available 24/7. The initiative is in partnership with the Giannina Gaslini Institute in Genoa, Italy.
CVS Caremark and IBM will commit $1.5 million to the “Technology Solutions for Smarter Health” grant program in partnership with the National Association of Community Health Centers. The grants will support the use of innovative technology in community health centers to boost patient engagement.
Researchers at Germany’s Karlsruhe Institute of Technology developed a smartphone-connected tool that can sense dust levels (an important metric for some public health issues). When tested, the technology showed a good initial performance, but future iterations of the tool will offer increased sensitivity.
Researchers at Stanford developed a portable microchip-based test that can diagnose Type 1 diabetes using nanotechnology. The researchers are seeking FDA approval for the device.
The U.S. Department of Health and Human Services launched a new initiative, allocating more than $100 million in technical support to collaborate with states to improve Medicaid programs and lower costs.
BetterDoctor, a provider search engine, raised $10M in a Series A funding round led by New Enterprise Associates. Existing investors including SoftTechVC and Lifeline Ventures also participated in the round.
inVentiv Health, a health care technology and services company, initiated refinancing transactions to fund its continued growth plans. The transactions will extend debt maturities and substantially reduce cash interest expense, and are expected to close within 30 days.
NueMD, a provider of medical billing, practice management, and electronic health record solutions, released NueMD 4.0, an updated version of its flagship product for small practices and billing companies. It focuses on simplifying complicated business processes to help providers streamline workflows and increase reimbursements.
BACtrack, maker of personal and professional-grade breathalyzers, launched BACtrack Vio, a smartphone breathalyzer that transmits BAC results via Bluetooth Smart technology to the free BACtrack companion app. It also uses proprietary MicroCheck Sensor technology to offers users with a high level of accuracy and reliability.
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Misfit Wearables, makers of the wearable tracker Shine, is collaborating with a Finnish sleep analysis company Beddit. The move pairs Beddit’s thin, unobstrusive sleep monitor, which fits under a mattress, with Misfit’s tracking app for iOS and Android networks.
MediSafe released its medication adherence app for Google’s Android Wear smartwatch technology.
CMS designated non-profit Health Care Cost Institute as the first national Qualified Entity, meaning it can merge Medicare claims data with commercial payer data to provide price and quality transparency.
Syapse raised $10 million in Series B financing, led by Safeguard Scientifics. To date, Syapse has raised a total of $14.5 million.
A hospital in Spain is using the Oculus Rift virtual reality gaming headset in the OR for nervous surgical patients. The device provides calming scenic movies with music that minimize the patient’s perception of the OR’s noises and bright lights.
eLoyalty, a customer management technology company, received PCI and HIPAA compliance for its cloud platform. eLoyalty can now provide the health care industry with a multi-channel solution that meets all requirements outlined by HIPAA’s security standards.
Caremerge, a care coordination platform for the senior care industry, partnered with CPS, a consultative group purchasing organization specializing in senior living products and services. This partnership will empower CPS’ clients to improve the communication and care collaboration channels serving their staff, outside providers, residents and their caregivers.
Navigating Cancer, an oncology-specific patient portal, achieved ONC HIT 2014 Edition Modular EHR Certification for its Patient Engagement Portal version 5.1. Navigating Cancer’s solution is now capable of supporting eligible providers with meeting Stage 1 and Stage 2 Meaningful Use measures required to qualify for incentives under the American Recovery and Reinvestment Act.
According to a new study published in Annals of Emergency Medicine, young adults with a history of hazardous or binge drinking reduced their binge drinking by more than 50% after receiving mobile phone text messages following a visit to the emergency department.
HealthPocket, a free website that compares and ranks health insurance plans, found that expenses for deductibles and other out-of-pocket costs are changing inconsistently among the four categories of Obamacare plans, and the actuarial values requirements have not simplified the health plan shopping process as originally intended.