The TMC Innovation Institute hosted another edition of TMCx Demo Day on June 7, 2018, for 21 digital health companies that presented to more than 350 investors, hospital stakeholders and members of the innovation ecosystem.
TMCx Demo Day marks the four months of work by the startup companies—which came to the Texas Medical Center from all across the world to participate in the TMCx accelerator program. The curriculum included more than 100 hours of educational sessions tailored to companies’ needs and introductions to an advisor network of more than 200 subject-matter experts, as well as hospital tours and guidance to hone business plans.
The 21 startups invented digital health products and applications in areas including health delivery and wellness, hospital efficiency and process improvement, patient-centered data, physician and patient support, connected devices and smart communication, in addition to community connectivity. The international class, which was selected from more than 200 applications, represent:
- 3 countries
- 12 U.S. cities, including 2 in Texas (Austin and Houston)
- 5 female founders
- $46 million in total funds raised (including before and during the program)
- Abaka Health (San Francisco) – Helps providers create a better end-to-end patient experience by bringing the clinical and financial aspects of health care together into one easy-to-use platform.
- Agathos (San Francisco) – Reduces unnecessary variation in hospital care via individualized metrics, actionable feedback and physician-led behavior change.
- b.well (Baltimore) – Empowers consumers by aggregating their health care data and by providing incentivized care coordination along with concierge and matching services.
- Deep 6 AI (Pasadena, Calif.) – Uses artificial intelligence, known as AI, on clinical data to increase the quantity of patients and better-matched patients for clinical trials in minutes instead of months.
- DermaSensor (Miami) – Connected device that enables health care professionals and patients to efficiently check for skin cancer by leveraging cutting-edge technologies.
- Evidence Care (Nashville, Tenn.) – Clinical decision support tool that allows providers to access evidence-based treatment recommendations that are patient-focused, enhance the shared decision-making process and accelerate their EHR (electronic health records) workflow.
- Gain Life (Boston) – Digital platform that uses personalized and adaptive behavior change programs to engage individuals in achieving better outcomes.
- Klikkit (Denmark) – Smart button and application that monitors, analyzes and improves habits and behaviors.
- Luminare (Houston) – Anti-sepsis SaaS that incorporates behavioral change and intelligence medical record augmentation.
- NarrativeDx (Austin) – Artificial intelligence platform designed to identify actionable insights from patient feedback to improve CAHPS scores, increase referrals and reduce nurse turnover.
- ORIntel (Houston) – Hardware and software solution that provides operational support and real-time operating room (OR) status to deliver a more cost-effective surgical suite to staff and patients.
- Particle Health (New York) – Blockchain-based platform that incentivizes health organizations to start sharing data in a decentralized, segmented and highly granular way.
- Patients We Share (Houston) – Workflow communication application which uses machine learning to foster connectivity within the health care ecosystem that aligns patients with the most appropriate providers, products and services.
- Revealix (Austin) – Innovative medical imaging software service designed to pioneer early discovery of diabetic limb complications which is non-invasive, mobile and at the point of care.
- ScalaMed (Australia) – Next-generation blockchain solution for democratizing a patient’s health care data and creating an online market for medications.
- Softcare Studios (Italy) – Immersive virtual-reality experience aimed at improving the well-being of patients undergoing painful and anxiety-provoking procedures during therapy.
- Strados Labs (Philadelphia) – Continuous breathing sensor that connects doctors with asthma and COPD patients to improve care management and remote patient monitoring.
- Sunrise Health (Boston) – Text-based group support for behavioral health patients that utilizes artificial intelligence tools to increase provider capacity and catch complications early.
- Trayt (Redwood City, Calif.) – Data collection and analytics company that provides insights and a daily road map to improve diagnosis, treatments and quality of life for patients with brain disorders.
- Trusted Health (San Francisco) – Opportunity platform for the modern nurse that connects top RNs to flexible nursing jobs at innovative employers.
- Well Health (Santa Barbara, Calif.) – An intuitive two-way texting platform for front offices and patients that eliminates phone tag and improves the health care experience.
The TMC Innovation Institute is a unique learning environment aimed at impacting the health care industry through the collaboration of medicine and cutting-edge technology from around the world. By supporting entrepreneurs as they broaden their vision and networks, the TMC Innovation Institute helps companies take their products from bench to bed.
TMCx couples the resources of the world’s largest medical center with the innovative spark of entrepreneurs to provide a comprehensive and practical curriculum for participating founders. Successful investors, entrepreneurs, subject-matter experts, industry professionals and hospital leaders guide each startup in the areas of intellectual property, product development, regulatory strategies, health policy, marketing, fundraising, contract negotiations and communications.
The upcoming seventh TMCx accelerator program, focused on medical devices, will run from Aug. 6 to Nov. 15, 2018.
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