CHICAGO – The American Hospital Association has launched a Center for Health Innovation that will focus on providing market intelligence, partnerships inside and outside of health care, leadership development opportunities and more. “This is a pivotal moment for the field, as hospitals and health care systems face unprecedented challenges and opportunities,” said Rick Pollack, president and CEO of the American Hospital Association, in a statement. “Hospitals and health systems across the country have been incubators of innovation. The center will help us disseminate what is working, as well as test new ideas to improve outcomes and increase value and affordability.” Initial offerings from the Center for Innovation will include: regular updates and intelligence on the forces shaping health care and how they will impact hospitals and health systems; The AHA Innovation Challenge, which will bring together creative thinkers, catalyze ideas and explore new ways to spread innovation at-scale; access to expert cybersecurity resources; and Innovation 90 Boot Camp, acoaching program that helps health care leaders learn the latest innovation frameworks being used in industries from technology to manufacturing.
ATLANTA – The Advanced Technology Development Center at Georgia Tech has received an investment by IT provider NASCO.
The ATDC is aimed at creating a new initiative for entrepreneurs in health care-focused technology. The ATDC Health Technology Program is scheduled to formally launch this month.
“Health care is a highly interconnected ecosystem and new technologies are helping us to both reduce customer friction and improve health outcomes,” said David Weeks, chief technology officer at NASCO, in a statement. “The HealthTech vertical will be a key incubator of new ideas to enable these changes.”
NASCO’s investment will provide the initial funding to support the current and future HealthTech startups in ATDC’s portfolio. The initiative is the third of its kind at ATDC and follows other gifts used to launch programs in the financial and retail technology sectors.
“NASCO views this partnership with the ATDC and the launch of the HealthTech initiative as critical to our mission to deliver innovative health services and to support the Georgia health care and technology communities,” said Weeks.
In addition to one-on-one coaching and resources for commercial success, the funds also will support health care-focused commercialization workshops, hackathons and hosting industry thought leaders in health care innovations in regulation, production and manufacturing.
The more than 40 startups in ATDC’s current HealthTech portfolio are building companies with innovative approaches to population health, caregiver support, billing fraud, precision medicine, genomics, medical devices, diagnostics, data analytics and process improvements in drug research.
“Health care systems across the U.S., as well as the patients in their care, continue to explore ways to leverage innovation and technology to reduce costs, improve patient satisfaction, eliminate waste, increase access and improve outcomes,” said Kirk Barnes, ATDC’s HealthTech catalyst, in a statement.
SAN FRANCISCO – Mobile health software company Wildflower Health has acquired the Circle Women’s Health Platform, a mobile health technology incubated by Providence St. Joseph Health. “We are committed to growing healthy families and creating long-term value for our payer, provider and employer clients,” said Leah Sparks, founder and CEO of Wildflower. “The addition of Circle’s innovative technology platform and its talented team greatly enhances our ability to simplify health care, every day, by making intelligent connections between consumers and the resources they need, when they need them.” Wildflower’s mobile-based enterprise software allows families to manage the health needs of all members on one shared application that features decision support tools, education modules, milestone-driven care plans and reminders for immunizations, doctor visits and preventive health. The Circle Women’s Health Platform, which was created by PSJH clinicians, features an app that serves as a single source of information for parents, providing content, tools and trackers, and is integrated into the health system’s EMR. Bringing Circle to market as part of the transaction with Wildflower is part of PSJH’s strategy to develop novel solutions to health care provider needs, scale them at PSJH, commercialize the innovations and create value for PSJH beyond the immediate health system, said Dr. Amy Comptom-Phillips, chief clinical officer at Providence St. Joseph Health. It is the second incubated solution to be spun out by the PSJH Digital Innovation team.
NEW YORK – The New York City Economic Development Corporation, in partnership with HITLAB, have announced the third class of the Digital Health Breakthrough Network, an initiative for startups to pilot their products with end-users and strengthen their connection to New York City’s health care and technology sectors.
HITLAB is an innovation and teaching lab dedicated to improving the quality and accessibility of health care worldwide.
The third class of startups are developing technologies such as virtual reality-based coaching platforms and scheduling coordination technology to streamline medical services. Companies include: Altopax, which provides specialized virtual reality behavioral health teletherapy; Navimize, which uses innovative technology to streamline scheduling between various physician’s offices and hospitals; Tatch, which develops wireless biometric patches that diagnose sleep apnea and other chronic sleep disorders; and PainQx, a cloud-based software that measures bodily pain levels.
The Digital Health Breakthrough Network is part of a portfolio of initiatives launched by NYCEDC to support life sciences and health care ecosystems based in New York City. Selected startups in the program are able to pilot their previously lab tested technologies with clinical partners and patients around the city. The pilots are designed to provide startups with comprehensive data that will help them improve their products and pitches to investors.
“NYCEDC is focused on creating good-paying, accessible jobs in industries with the greatest potential for growth,” said James Patchett, NYCEDC president and CEO, in a statement. “That includes investing in digital health startups that will create jobs, solve global medical challenges and strengthen New York City’s position as a global hub for health care technology.
CHICAGO – Health care incubator and accelerator MATTER is partnering with Israel-based Sheba Medical Center to accelerate the commercialization of new technologies for patients in both the U.S. and Israel.
Through the partnership, MATTER startups in the U.S. will have opportunities to pilot their technologies with Sheba Medical Center’s partners. The health system has a highly developed innovation capability and can facilitate pilots for new solutions at a rapid pace.
Sheba Medical Center also supports a number of Israel-based health care technology startups building digital health solutions. Chicago-based MATTER will leverage its network of U.S. entrepreneurs, innovators, health systems, industry partners and experts to help open the door to markets here for Sheba Medical Center-affiliated startups.
“MATTER is the perfect platform for Israeli health care companies to enter the U.S. market,” said Steven Collens, CEO of MATTER, in a statement. “Israel has developed one of the most productive startup ecosystems in the world, and we look forward to engaging with the Israeli startup community.”
Dr. Eyal Zimlichman, deputy director of Sheba Medical Center, said the two organizations share the same vision for innovation and improved universal health care.
“I believe the collaboration between the two organizations will be instrumental in pushing our vision forward,” he said.
The agreement between the two organizations was signed during Collens’ recent trip to Israel with Chicago Mayor Rahm Emanuel and World Business Chicago. The delegation was formed to promote investment and innovation in Chicago.
“I look forward to seeing what this partnership between two innovative organizations produces to benefit people throughout the world,” Emanuel said.
MATTER works with 200 health care technology startups and partners with 11 hospitals and health systems, five universities and more than 40 industry-leading companies to accelerate the development of health care technologies.
Sheba Medical Center is a university-affiliated tertiary referral hospital that serves as Israel’s national medical center in many fields, and is also a major medical-scientific research center that collaborates internationally with the biotech and pharmaceutical industries to develop new drugs, treatments and technologies, and a global center for medical education.