Innovation

TMCx Demo Day offers digital health solutions for urgent issues

Problem-solving platforms pitched by 19 companies


By Cindy George | June 6, 2019

TMCx Demo Day for digital health drew a standing-room-only crowd to the Texas Medical Center Innovation Institute on June 6, 2019 to hear presentations from the 19 companies in the TMCx08 cohort.

“Here at TMC Innovation, we offer a whole range of resources for our startups,” TMC Innovation Institute Director Tom Luby, Ph.D., said in his opening remarks. “From individuals to fully formed companies, we have something for you that can make a difference in the way that you view your success as a startup company.”

TMCx associate director Lance Black, M.D., noted that the eighth Demo Day featured companies from across the globe focused on solutions to some of the world’s most complex health problems.

“It is the Texas Medical Center’s mission to advance health care, research and education,” he said in welcoming the crowd. “It’s our mission as the Innovation Institute to bring value back to the med center through health care technology and, through X, we do that with startup companies.”

Demo Day capped a three-day “Innovation Week” partnership of programs between the TMC Innovation Institute and Silicon Valley-based investor and innovation platform Plug and Play Tech Center.

The only Houston-based company of the 19, PreOp MD, was presented by CEO and Founder Christiana Obi, O.D., a local contract anesthesiologist. The platform aims to avoid surgery cancellations and delays while decreasing escalating health care expenditures.

The cloud-based technology combines empirical and lab data as well as telemedicine and text messages to make sure everything need for surgery—from diagnostic reports and supples to nurses and the patient—are ready on time for procedures.

“Surgical delays and cancellations are the major causes of waste,” she told the crowd, naming prolonged operating room time, unplanned overtime costs and the unhappiness of all participants as consequences of late or scrubbed surgeries.

“I just want to simplify surgery and save time and save money,” she said after the presentation.

Obi said she realized the challenges of coordinating all the moving pieces of surgery after completing her residency, working at different Houston-area hospitals as an independent contractor and realizing the issue wasn’t an isolated problem.

“There are a bunch of surgeons from different facilities coming to this hospital, missing labs and a lot of things,” Obi said, adding that the platform also ensures that all patient registration forms are completed in advance.

Founded in February 2018, PreOp MD joined TMCx in February 2019 and has started its first pilot in Houston.

Roundtrip improves access to care by making it easier and cheaper for nurses and care coordinators to order rides for their patients. The platform found a solution to the one in five patients who miss or delay medical care because of transportation, account executive Jackson Steger said during his presentation.

The service was conceived by CEO Mark Switaj, a former EMT who saw patients frustrated with transportation challenges.

Roundtrip, which has a national partnership with the Lyft rideshare app, operates in more than a dozen states and is headed to Texas.

Transport misfires result in lost hospital revenue from patient absences while causing care coordinators to spend hours calling taxis and payers trying to make arrangements. Simply summoning a vehicle on a ride share app might not be the solution.

“It’s not always quite enough,” Steger said during his pitch. “It’s only a curb-to-curb service and there are many cases where it’s more appropriate to provide door-to-door or wheelchair or a trained driver in a medical sedan or even in an ambulance. … Also, not every patient can afford a Lyft ride, which is why we are actually able to have rides paid for by Medicaid, by insurance, by Medicare and we are able to get those prior authorizations so the … transportation company knows they’ll get paid.”

When a trip requestor needs to schedule a ride for a patient through the platform, the transportation marketplace of medical sedans, wheelchair vans, non-emergency ambulances and other vehicles—including Lyft—receives a ping.

“We have actually reduced that 20 percent no-show rate down to 2.7 percent,,” Steger said during his presentation.

Click here for an annotated list of the 19 companies in the TMCx08 digital health cohort.

TMC Innovation is also celebrating the news that several cohort companies closed fundraising rounds with more than $10 million raised between February and May. The list includes Roundtrip, which announced $5.1 million raised in April in a round led by Motley Fool. Meru Health, a digital clinic for mental health, which announced $4.2 million raised in April led by Freestyle Capital.  And Sani Nudge, a hand hygiene management system for care teams, announced $1.2 million raised in May by InQvate.




Social Posts

profile_image

MD Anderson Cancer Center

@MDAndersonNews

Many of the greatest minds in cancer research are at MD Anderson because we offer a unique environment that accelerates their ability to #endcancer: https://t.co/38LE5TTJK7 https://t.co/2SpfMOSppe

50 mins ago
profile_image

Veterans Affairs

@DeptVetAffairs

Veterans find peace through camaraderie https://t.co/6KB4epx2md via @newsandtribune

9 hours ago
profile_image

MD Anderson Cancer Center

@MDAndersonNews

By targeting the MFAP5 protein, our researchers found they were able to reduce fibrosis in #ovariancancer and #pancreaticcancer, and improve the effectiveness of #chemotherapy: https://t.co/l3O6inEWZH @CancerFrontline #endcancer https://t.co/z4NZnIff0C

10 hours ago
profile_image

MD Anderson Cancer Center

@MDAndersonNews

.@garciamanero on our #MDS #CancerMoonshot: “We’ve gone from a nihilistic view of this disease to a very positive and optimistic approach.” #endcancer https://t.co/sY7IsBpoHF

11 hours ago
profile_image

Veterans Affairs

@DeptVetAffairs

#VAResearchNewsBrief: Diet quality affects gut microbiome. Patients who eat a good-quality diet have higher levels of beneficial bacteria, those eating a poor-quality diet may have more harmful bacteria, found a @VAHouston study #VAResearch @VeteransHealth https://t.co/K3UufOjMhm https://t.co/OVEzNQGt9m

11 hours ago
profile_image

BCMHouston

@bcmhouston

Dr. Raymond Grogan sits down with the Annals of Thyroid about his research, and scarless thyroid surgery in their latest issue. https://t.co/Y7fWozy6Cz #thyroidsurgery

12 hours ago
profile_image

UTHealth

@UTHealth

Shreela Sharma, PhD, RD, of @UTexasSPH discusses the health benefits of milk: https://t.co/7y66ySuw8Y

12 hours ago
profile_image

UTHealth

@UTHealth

RT @UTexasSPH: MD/MPH student Anisha Somani is the winner of @apha’s 2019 Excellence in Public Health Award. Somani’s work ranges from the…

12 hours ago
profile_image

UTHealth

@UTHealth

RT @jvalenza: Today may be National Tooth Fairy Day but we celebrated yesterday with not one but two fairies visiting our special little pa…

12 hours ago
profile_image

Texas Children's

@TexasChildrens

Today on the blog, Dr. Christina Treece discusses what can cause postpartum obsessive compulsive disorder (OCD), how it's diagnosed and more: https://t.co/YV0nk33lRn

13 hours ago
profile_image

Veterans Affairs

@DeptVetAffairs

USF Health working with VA to train providers how to care for Women Veterans https://t.co/a3tCH3hhFq via @wusf

13 hours ago
profile_image

Rice University

@RiceUniversity

RT @RiceAthletics: 📱 TAKEOVER ALERT 📱@RiceSoccer student athlete @madiisonkent is taking you behind the scenes today as they prepare for…

14 hours ago
profile_image

BCMHouston

@bcmhouston

RT @CPRITTexas: Congrats to @bcmhouston’s @SeragHashem on his recent CPRIT Liver Cancer CAP award. In 2017 he discussed the value of CPRIT…

14 hours ago
profile_image

BCMHouston

@bcmhouston

RT @DrPaulKlotman: Great opportunity today at Harvey Symposium to honor Mayor Sylvester Turner and former County Judge Ed Emmett for their…

14 hours ago
profile_image

Texas Children's

@TexasChildrens

Dr. Laurel L. Williams, Chief of Psychiatry at @TexasChildrens, shares how schools can better prepare families for the mental health impact active shooter drills can have on students. Learn more via @KHOU: https://t.co/beRvrBXvdf

15 hours ago