Healthbox launches Miami accelerator class with 10 digital health startups

By: Aditi Pai | May 7, 2015        

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SymptifyDigital health accelerator Healthbox has added 10 startups to its next accelerator, which will be based in Miami. Healthbox is launching the eight week program in partnership with GuideWell, the parent company of Florida Blue.

Program sponsors include Orlando-based Lake Nona Institute, the Health Foundation of Florida, and the John S. and James L. Knight Foundation.

Here are the 10 companies in Healthbox’s next class:

Avatar DSS — This startup offers a service that simulates multiple treatment options for a certain disease and analyzes the results of these simulations to determine what the best approach is for a specific patient.

EHR Works — EHR Works aims to integrate data from multiple sources, including EHRs, wearables, medical devices, and lab tests, so that providers can keep all the data in one place.

HealthCentrix — This startup has developed an app, called Prevvy, that aims to help patients follow their care plan after they have been discharged from the hospital. The offering will send the patient notifications and reminders to keep them on track. It also offers an appointment management system and medication tracking. Users can integrate a variety of wearable devices into the app to track their health and they can communicated with a provider via “televisits”.

Hindsait — Hindsait offers a software as a service tool that uses health data and predictive analytics to help clinicians and managers flag requested patient services that may be unnecessary.  Keep reading>>

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Senate asks industry for aging in place technology cost savings data

By: Jonah Comstock | May 7, 2015        

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Senator Claire McCaskillThe Senate Special Committee on Aging held a hearing yesterday to learn about the potential of aging in place technologies, including sensors and wearables. Aging In Place Technology Watch lead Laurie Orlov and VA Deputy Chief Patient Care Services Officer Maureen McCarthy testified, along with academics Marjorie Skubic from the University of Missouri and Carol Kim from the University of Maine. Charles Strickler spoke as well, as a representative example of a caregiver with an aging parent.

“Recent advances in technology are providing new options for seniors and their families that can allow them to remain at home for longer by monitoring health status, detecting emergency situations and notifying health care providers about any changes in health status,” Senator Claire McCaskill (D-Missouri), the ranking member of the committee, said in her opening statement. “These technologies can also make family members’ and caregivers’ lives easier by providing them with tools to support their loved ones and giving them peace of mind. This really is a win-win situation, seniors are much happier continuing their normal routines and social activities where they feel comfortable, family members can make sure their loved ones are safe, and society as a whole benefits from significantly reduced healthcare and long-term care costs.” Keep reading>>

Brigham and Women’s Hospital to help validate Rock Health portfolio companies’ offerings

By: Aditi Pai | May 7, 2015        

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1DocWayBrigham and Women’s Hospital has partnered with seed fund Rock Health to test and possibly integrate technologies from companies in Rock Health’s portfolio, according to a Boston Business Journal post.

The two organizations will launch the partnership this sumer and it is expected to last three years.

Brigham and Women’s Executive Director of Brigham Innovation Hub Lesley Solomon told Boston Business Journal that the hospital aims to validate the technologies and services offered by some Rock Health companies. She added that her team was hoping that Rock Health would consider investing in startups incubated internally at Brigham as well, although that’s not a focus of the partnership.  Keep reading>>

CareLinx raises another $1M for online caregiver-senior matching service

By: Aditi Pai | May 7, 2015        

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CareLinxSan Bruno, California-based CareLinx, which offers a service to connect seniors with caregivers, has raised an additional $1 million from Generator Ventures and Ziegler Link-age Longevity Funds. This brings the company’s total funding to at least $5.2 million. An SEC filing explains that this amount includes $2.1 million in forgiveness of debt.

Families can use CareLinx’s service to browse caregiver profiles online to find one that meets their needs. Profiles can be filtered by experience, reviews, and certifications. CareLinx screens every caregiver, and also runs background checks on them.

When a family finds a caregiver that they want to hire, they can use CareLinx to schedule an interview, and after a caregiver is hired, CareLinx handles any hiring paperwork that the family needs to do. Caregivers can use CareLinx to access online shift reports, enter in their hours, and receive their payment online. Services that caregivers generally offer include companionship, personal care, transportation, meal preparation, and housekeeping. CareLinx also handles the taxes and processing.

The company “currently works with families in the top 50 metropolitan areas” across the US.

“We are delighted to be investors in CareLinx, which brings much needed transparency, efficiency and liability protection to the home care market,” Generator Ventures Parner Katy Fike said in a statement. “The company’s platform creates a unique win-win situation where families are able to find high quality caregivers at a fraction of the cost and the individual caregivers are able to make higher wages.”

CareLinx was founded in 2011, and in September 2012, the company joined the StartUp Health accelerator. CareLinx also took part in Aging 2.0’s startup incubator, called GENerator, in the fall of 2013.

Global biometrics market to reach $14.9 billion by 2024

By: Aditi Pai | May 6, 2015        

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Tractica BiometricsAs more and more health sensors are built into mobile devices, the global biometrics market is ramping up. The most recent prediction is that the market will hit $14.9 billion by 2024, up from $2 billion in 2015, according to a report from Tractica.

The biometrics market will see a compound annual growth rate (CAGR) of 25.3 percent and cumulative revenue of $67.8 billion for the ten-year period, according to the firm.

Tractica said the top industries that will use biometric technology over the next ten years include finance, consumer devices, healthcare, and government followed by enterprise applications, defense, education, law enforcement, and non-government organizations.  Keep reading>>