Healthcare Technology/Market Accelerator
Abundant Venture Innovation Accelerator, LLC also known as AVIA (www.aviahealthinnovation.com) is a venture partnership that accelerates the successful implementation of early-stage, health care provider-focused technology products and services. AVIA has a two part mission. First, it supports providers in defining and executing on their innovation agenda in order to accelerate cost reduction, improve quality and increase patient access. Second, AVIA identifies, sources, and supports innovative companies in delivering their products and services to its members.
Syndicate partners: 7wire Ventures, Jump Capital, Froedert, Rush UniversityMedical Center, OSF Healthcare, and St. Luke’s University Health Network
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Social Intelligence Platform for Healthcare
Binary Fountain (www.binaryfountain.com/) is a leading provider of patient feedback management solutions designed specifically for healthcare in a single cloud-based platform. Its patient experience platform is built on a proprietary healthcare-centric Natural Language Processing (NLP) engine that mines patient feedback from surveys, online ratings and review sites, social media, and other data sources to equip its customers with the actionable insights needed to improve patient satisfaction and loyalty, increase engagement and drive sustainable bottom-line results.
Syndicate partners: HLM Venture Partners, Pioneer Ventures
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Real-time Monitoring of Surgical Blood Loss
Gauss Surgical (www.gausssurgical.com) is a medical technology company based in Los Altos, California. Founded in 2011, it develops FDA-grade mobile applications for patient monitoring, with a focus on computer vision and machine learning applications. Gauss’s flagship product, Triton is the world’s only real-time monitor for surgical blood loss and has four FDA clearances along with approval for CE Mark.
Syndicate partners: Jump Capital, Promus Ventures
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Remote Video Interpretation
InDemand Interpreting (www.indemandinterpreting.com) is an industry-leading provider of video remote interpretation (“VRI”) services to the health provider market. As the population of limited English proficient (“LEP”) patients increases, the need for timely, high-quality interpretation services is experienced acutely.
Syndicate partners: Health Enterprise Partners
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Telemedicine-enabled Diagnostic Software Platform
Intelligent Retinal Imaging Systems (http://www.retinalscreenings.com) is the industry leader in early detection systems for diabetic eye disease. The company's IRIS solution is an end-to-end FDA-cleared, telemedicine system that has improved quality, expanded access and reduced costs for diabetic retinopathy exams across the U.S. IRIS was founded in 2011 by nationally recognized retina surgeon Dr. Sunil Gupta, with a vision to end preventable blindness through the development and deployment of retinal diagnostic services in the primary care setting. The IRIS team of physicians, technicians and best practice client success experts partner with forward-thinking providers and payers to enhance patient outcomes by closing care gaps in healthcare systems. IRIS is the recipient of the 2017 Microsoft Innovation Award and the 2016 Frost & Sullivan New Product Innovation Award in Diabetic Retinopathy.
Syndicate Partners: Ballast Point Ventures, CoxHealth
Provider Search and Match
Kyruus delivers proven provider search and scheduling solutions that help hospitals and health systems match patients with the providers best suited to care for them. The ProviderMatch suite of solutions - for consumers, access centers, and referral networks - enables a consistent patient experience across multiple points of access, while aligning provider supply with patient demand. The company's proprietary provider data management platform forms the foundation of its solutions, powering them with accurate data by coupling data processing with administrative applications. To find out why a Better Match Means Better Care, please visit: http://www.kyruus.com.
Syndicate Partners: New Leaf Venture Partners, Venrock, Highland Capital Partners, Lux Capital, F-Prime Capital Partners
Transformative Technologies in Behavioral Health
Lyra Health (www.lyrahealth.com) is a company with a singular focus: transforming mental health care. Each year, approximately 50 million Americans suffer from a diagnosable mental health condition, such as depression or anxiety, or from substance abuse, yet only one in seven receives appropriate care. Through a combination of innovative technology and a human touch, Lyra Health will screen patients who need help, match patients with the right evidence-based care and rigorously assess treatment outcomes to ensure that patients are improving. Led by former executives and clinicians from Facebook, Stanford, Castlight and LinkedIn, Lyra Health is uniquely positioned to transform mental health in a way that helps millions of Americans — and lowers overall health care costs for the organizations and plans that pay for their care.
Syndicate Partners: Greylock Partners, Venrock, Castlight Health
Precision Medicine Oncology Decision Support
N-of-One ( www.n-of-one.com) is the leader in identifying patient-specific therapeutic options for precision medicine in oncology by leveraging its proprietary knowledgebase and its team of oncologists and Ph.D. scientists to integrate genomic data from multiple tests. Using N-of-One solutions can standardize and accelerate genomic clinical interpretation and molecular decision support while saving time and money. N-of-One’s solutions have provided therapeutic options, including clinical trials, for tens of thousands of patient cases across hundreds of cancer types. N-of-One partners with leading hospital systems, cancer centers, and commercial labs around the world.
Syndicate partners: Excel Venture Management
Digital Therapeutics for Chronic Disease Prevention
Omada Health (www.omadahealth.com) is a digital behavioral medicine company that inspires people to change the habits that put them most at risk for serious but largely preventable chronic conditions like heart disease and type 2 diabetes. The company brings world-class behavioral medicine to anyone with an Internet connection, using insights about social networking, gaming, and behavioral science to motivate changes in lifestyle. Backed by investors including Andreessen Horowitz and Norwest Venture Partners, Omada was named one of Fast Company’s 50 Most Innovative Companies of 2015. Omada has recently expanded Prevent curriculum to cover those at risk for diabetes, heart disease, and other obesity-related chronic conditions. Omada delivers Prevent through enterprise clients, including employers Lowe’s, Iron Mountain, and Costco as well as health insurers like Humana and Kaiser Permanente.
Syndicate partners: Norwest Venture Partners, Andreessen Horowitz, US Venture Partners
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Transforming the Patient Experience
Press Ganey (www.pressganey.com) is a leading provider of patient experience measurement, performance analytics and strategic advisory solutions for health care organizations across the continuum of care. Press Ganey is recognized as a pioneer and thought leader in patient experience measurement and performance improvement solutions. The company’s mission is to help health care organizations reduce patient suffering and enhance caregiver resilience to improve the safety, quality and experience of care.
Syndicate partner: EQT Partners
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Children's Wearable and Activity Platform
Sqord (www.sqord.com) is redefining active play for today’s connected generation of kids and families. Its interactive hardware-software platform, provides kids with a fun and easy way to track and share all of their activity throughout the day. Kids can then use that activity to compete with friends, earn points, achieve big wins, find new activities to do, and collect limitless virtual rewards – just for getting up and playing. Sqord has gotten tens of thousands of kids and families moving through schools, youth organizations and direct sales across the country. The company has offices in downtown Seattle, Wash. and Durham, N.C.
Providence Ventures led seed round financing December 2014.
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Digital Content and App Distribution Enablement
Xealth (http://www.xealth.io) was founded as an executive-in-residence (EIR) initiative within the Strategy and Innovation division of Providence Health & Services. Xealth provides a technology platform that enables physicians to prescribe digital information, services, and applications to patients. Xealth’s core technology consists of an EMR-integrated prescribing platform that fits seamlessly into a provider’s workflow, a consumer-friendly user interface for patients to access and utilize the prescribed applications, and analytics to assess consumers’ use of the assigned applications.
Syndicate Partners: Draper Fisher Jurvetson (DFJ), Froedtert Health, Stanford and UPMC