Innovative HealthTech Startups Join TMCi Accelerator Bootcamp to build relationships in the Texas Medical Center
The 2022 participants engaged in conversations around clinical collaboration, go to market strategy, and fundraising.
TMC Innovation Accelerator for HealthTech provides a gateway for emerging life science startups to be selected for a strategic process that provides the tools and foundation necessary to grow and provide value to the Texas Medical Centers network of institutions. In continuing a legacy of partnering emerging healthtech companies with advisors, mentors, members, and partners, TMC Innovation (TMCi) has evaluated seven promising start ups for inclusion in the 2022 cohort.
“Healthtech startups who connect with our network will emerge more prepared to access their customers and grow into their markets. Our advisors, members, and partners unlock insights for these entrepreneurs about how to more effectively build a strategic plan for improved market access and adoption. Bootcamp ignites these connections, providing immediate value to entrepreneurs and enabling our team to define a long term plan for continued collaboration” said Emily Reiser, Associate Director of TMC Innovation.
Medical device, and SaAS companies from around the world convened for a week-long boot camp at TMC, meeting with advisors, clinicians, and investors. If selected, founders will spend the next six months, in a customized journey focused on strategic mentorship, clinical validation, and milestone development as the teams prepare to enter the world’s largest medical marketplace.
“Bootcamp is an intensive period of discovery and mutual selection. Founders get a chance better understand everything that TMCi brings to bear and our team has the opportunity to select those growing companies that will add significant value to our community.” Devin Dunn, Head of Accelerator for HealthTech
The TMC Innovation Accelerator for HealthTech Bootcamp focused on innovation in the areas of surgical devices, access to care, robotics, and hospital efficiency. The participating companies include:
CardMedic (Oxford, UK) – The inability to effectively communicate in a healthcare setting leads to poor clinical and patient experience outcomes. CardMedic improves communication between staff and patients across any barrier-language, deafness, cognitive impairment or disability-with an A to Z library of pre-written scripts replicating common clinical conversations.
CareAdvisors (Chicago, Illinois) – CareAdvisors provides the open standard for building a social care management ecosystem. By connecting health plans, hospitals, and community-based organizations we streamline high risk case management and quickly close the loop on care.
Endolumik (Morgantown, West Virginia) – Endolumik has developed a fluorescence-guided device that uses near-infrared light to enhance visualization for safer, faster, and more consistent bariatric surgery.
Orcha (Daresbury, UK) – It is extremely difficult to assess the safety, quality, and efficacy of the 370,000 digital health apps available in the world. ORCHA rigorously reviews apps to help systems, clinicians, patients, or consumers find their way to the best apps.
Roboligent (Austin, Texas) – Roboligent’s novel rehabilitation robot, the Optimo Regen, provides evidence-based therapeutic interventions for upper and lower limbs. Robotic assisted rehabilitation allows for increased productivity in high repletion, long duration therapy sessions.
ScienceIO (Boston, Massachusetts) – ScienceIO’s platform transforms unstructured text into structured records in real-time. Purpose built for healthcare, our core product is a HIPAA-compliant API for real-time text processing and analytics.
Semantic Health (Toronto, Canada) – Health care providers have traditionally relied on manual and error-prone processes to translate unstructured clinical documentation into appropriate medical codes. Semantic Health uses artificial intelligence to complete secondary reviews of all coded and claims data to optimize revenue cycle management.
Having a product that the market truly needs is critical but not enough. Especially for the medical device market, I realize that introducing a new product is a thorough and collaborative effort from a variety of stakeholders and experts. Without knowing the mechanism and the right connection, it seems almost impossible to get into the market. The TMC Innovation Accelerator is the perfect place to make it happen. – Bongsu Kim, Roboligent
About TMC Innovation Accelerator for HealthTech— The TMC Innovation Accelerator for HealthTech brings together medical startups from around the world to take advantage of a network of top tier member institutions and mentors who will prepare them for clinical validation, funding, and deployment within the Texas Medical Center – the world’s largest medical city. The accelerator is focused on preparing emerging life science startups for clinical partnerships that ultimately improve healthcare delivery and patient outcomes.
About Texas Medical Center Innovation (TMCi)— As the globally recognized life science innovation of hub of the Texas Medical Center – the largest medical city in the world— TMC Innovation drives collaboration between healthcare and cutting-edge technology by uniting entrepreneurs, startups, and investors from around the world with the best minds in science and medicine among the Texas Medical Center’s member institutions. With a community of 305 life science startups and 221 TMC Innovation Accelerator companies, TMC Innovation works to shape the future of healthcare by guiding companies toward clinical and business milestones.