August 26, 2015 | Jasmine Pennic | HIT Consultant
Health Wildcatters, a mentorship-driven healthcare seed accelerator has unveiled 10 new health IT companies selected to participate in the 2015 accelerator program. With the addition of these 10 healthcare startups, which comprise Health Wildcatters’ third class, the program’s portfolio totals 32 companies spanning the healthcare spectrum.
“We couldn’t be more excited to work with this group,” said Hubert Zajicek, Health Wildcatters CEO. “All the companies demonstrated viable solutions to some of the biggest challenges in healthcare today—how to improve access, how to enhance education and prevention, how to leverage technology, to name a few. With our support, we feel this class can make huge strides in advancing these areas of healthcare, and we look forward to playing a role in that.”
Each selected health IT startup will participate in the 12 week accelerator program receiving $30k in exchange for 8% equity stake. During the program, the startups will be paired with appropriate mentors and partners to:
– Validate their business model
– Product development
– Business development
The program ends with a pitchday for investors in Dallas. The 2015 class includes teams from around the country with startups in areas such as digital health, medical devices and telemedicine, among others, continuing the tradition of diversity in Health Wildcatters’ portfolio. The first two classes went on to raise nearly $5 million respectively within six months of the program.
Here is a look at the Health Wildcatter’s third class of companies:
The 10 companies selected for Health Wildcatters’ 2015 startup class include:
– Codegi, automatic coding software for clinical notes and electronic health record (EHR) documentation;
– Dynofit, a wireless smart electromyography system that helps people with stroke, traumatic brain injury and cerebral palsy gain control of their muscles;
– DUALALMS, a system that delivers nebulized agents prior to laryngoscopic examinations to eliminate the common discomfort and complications that occur from the exam;
– Exhale Healthcare Advocates, a company that helps consumers manage the business of their healthcare, described as “the H&R Block of healthcare”;
– Flow MedTech, a company developing a patent-protected medical device to reduce the high risk of stroke in millions of atrial fibrillation patients;
– md Portal, a healthcare software company with an asynchronous telemedicine platform that allows patients to see a physician remotely using tailored questionnaires and photos;
– Insight Optics, a company using mobile imaging technology to allow primary care physicians to record fundus examinations—a critical tool in preventative and diagnostic healthcare—and forward results to ophthalmologists for review;
– Noninvasix, which developed a way to conduct accurate, noninvasive monitoring of fetal welfare during labor and delivery using optoacoustic technology;
– Obaa, a company that is enabling primary care physicians to connect with specialists during patient encounters using Google Glass technology; and
– Vidas Sanas, a Healthy Lives Platform that provides unique bilingual wellness solutions for employers and healthcare providers to engage their Latino populations into behavior change that transforms their health and wellbeing.