Nine startups are currently at work developing health-tech innovations at the second DreamIt Health Philadelphia
The start-up teams, recruited from around the country, started their 16-week incubator program last month. Each team receives $50,000 in seed capital, coaching from successful tech entrepreneurs and participates in an intense curriculum at the intersection of health care, business, technology and design on the campus of the University City Science Center
. The capstone event of the program is Demo Day on October 30 -- each team will share its progress and plans for the future with an audience of investors, industry leaders, potential customers and the press.
DreamIt Health Philadelphia is sponsored by Independence Blue Cross
, Penn Medicine
, DreamIt Ventures
The 2014 DreamIt Health class comprises:
of Philadelphia hopes to create low-cost 3-D printers supporting multiple biomaterials for creating biological structures without mutation risk.
of Philadelphia is developing a method for rapid disease diagnosis through detection of signature proteins using carbon nanotubes and microfluidics.
of Philadelphia enables dynamic scheduling of patients, predicting no-shows and accounting for variable provider productivity and visit length.
of Austin, Texas, employs big data analysis of patient feedback to improve the hospital customer experience and maximize Medicare reimbursement.
of Bear, Del., is the leading marketplace for matching biotech and device companies with freelancing regulatory expertise around the world.
of Pittsburgh is updating the call button, making it wearable so inpatients can communicate on-demand with nursing staff.
Tissue Analytics of Baltimore is promoting remote management of wound healing through image analysis of mobile-generated photos.
of Chicago, Houston, Washington, D.C., and San Francisco hopes to Improve patient adherence to complex, multi-drug regimens using novel "smart" pillboxes.
TrueClaim of Philadelphia and Jacksonville, Fla., aims to reduce instances of upcoding and fraud in health care claims submissions.
Dr. Elliot Menschik, DreamIt Venture’s managing partner for health care, describes the program as "an intense and transformative 16 weeks for these teams as we coach them through the most volatile period of a company’s life and as wire them into people, resources and opportunities that are significant shortcuts to success in the market."
Source: DreamIt Ventures
Writer: Elise Vider