DreamIt Ventures, the multi-city startup accelerator brand, announced late last year that they would be teaming up with Independence Blue Shield and Penn Medicine to hold their first medical focused startup cohort. They announced that cohort on Wednesday.
For the first DreamIt Health accelerator they put out an application call for startups seeking to develop tools for healthcare providers to speed up diagnoses and improve outcomes.
“At IBC, we believe that innovation is the key to bringing fresh ideas into health care, and are working to transform the Philadelphia region into a national magnet for health care innovation, investment, and employment,” said IBC CEO Daniel Hilferty in a company statement.
The first cohort includes big data startups, mobile startups, devices, and even fitness startups aimed at curbing childhood obesity. Each team will receive what MedCityNews called a “stipend” of $50,000 and of course access to the DreamIt, IBC and Penn Medicine entrepreneur and mentor network. The program will end with an investor demo day showing the progress these early stage teams made in the program.
The 10 companies selected are:
AirCare: A mobile startup to help hospitals prevent readmissions and improve patient outcomes using telenursing and patient-specific analytics.
Biomeme: A mobile molecular diagnostics device to help point-of-care clinicians and epidemiologists diagnose and track infectious diseases in realtime with smartphones.
Fitly: The company wants tohelp health plans deal with the childhood obesity epidemic by engaging and motivating at-risk families with gaming and convenient delivery of healthcare.
Grand Round Table: Its application helps clinicians rapidly diagnose complex cases by matching the patient’s electronic record against millions of other cases drawn from around the world.
Medlio: The mobile app aims to help physicians get paid faster and get rid of paper-based registering forms with a virtual health insurance ID card to sync the right information among patients, providers and payers at the point-of-care.
OnShift: Helping hospitals improve patient outcomes through instant communications between clinicians caring for the same patient is the goal of this healthcare communications system. It also wants to remove obstacles to effective care delivery and care transitions.
Osmosis: The learning management system helps medical institutions develop clinicians who better retain and apply knowledge through a Web and mobile platform that uses cutting-edge cognitive techniques.
MemberRx: A solution intended to improve the way pharmaceutical costs are controlled by enabling selection of the best generic or on-formulary branded drug for a specific patient through an electronic medical record system.
SpeSo Health: The online analytics platform identifies and accesses medical expertise in rare and complex diseases.
Stat: The Web and mobile app helps providers and payers make patient transport more efficient and lower costs by matching and dispatching idle transportation resources.