A new health incubator, Healthbox, is set to launch on January 9th with its first batch of 10 health startups, which it chose from some “hundreds” of applications that came in from 26 states and eight countries. A group of healthcare providers, payors, venture firms and others supported the formation of Healthbox, including venture capital firm Sandbox Industries, the BlueCross Blue Shield Venture Fund, the California Healthcare Foundation, Walgreens, Ridgeview Medical Center, Merrick Ventures, and HLM Venture Partners.
The incubator’s three-month program offers $50,000 in seed capital, access to business and healthcare mentors, the requisite collaborative workspace, and “structured forums led by business experts,” according to the organizations recent announcement.
Like most incubators, the three months end with an Investor Day where the startups each pitch their wares to a select group of venture capitalists.
Chicago-based Healthbox is just the latest health startup incubator to launch this year: San Francisco-based Rock Health and New York-based BluePrint Health are two other existing incubators. We expect there will be more in the year ahead.
Here’s how the 10 Healthbox startups describe themselves:
PUSH Wellness (Chicago, IL) is an outcomes-based wellness incentive provider that drives behavior change in health factors that are meaningful, measurable and modifiable, producing tangible benefits for participants and employers.
PaJR-Patient Journey Record (Dublin, Ireland) uses a cloud-based system with machine learning capabilities to identify patients at high risk of readmission using patient and caregiver self-reported health status.
SwipeSense (Evanston, IL) is hand-washing 2.0, arming healthcare providers with a portable hand-sanitation device in combination with real-time data analytics in order to increase compliance and reduce hospital-acquired infections.
CareWire (Minneapolis, MN) is a patient engagement solution that utilizes automated patient text messaging to increase billable appointment yield, visualize patient satisfaction in near-real-time and improve provider performance.
The Coupon Doc (Atlanta, GA) provides an easy-to-use, centralized platform that allows consumers to access manufacturer discounts on their prescription and OTC medications.
Corengi (Seattle, WA) connects qualified patients with ongoing clinical research studies through a comprehensive online platform. Patients are able to quickly distill relevant studies, trial sponsors are able to reduce costly delays and medical innovation is accelerated.
Iconic Data (Norcross, GA) delivers a cloud-based patient list manager solution that provides physicians access to near-real-time snapshots of clinical care episodes across disparate, non-integrated facilities, resulting in increased charge capture and reduced inefficiencies.
UnitedPreference (Princeton, NJ) offers employers a Tailored Spend™ payments network that allows health plans to improve participation in preventative health initiatives via branded prepaid cards that can be used to purchase items determined by the health plans.
DermLink (Atherton, CA) is a cloud-based, HIPAA-compliant application that enables remote diagnosis of dermatology cases, dramatically reducing wait times for patients while driving increased revenue and flexibility for providers.
CareHubs (Beaverton, OR) is a healthcare enterprise social platform that offers dynamic, innovative tools to help patients and healthcare providers better connect, coordinate and engage.
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