Yesterday XPRIZE announced the 11 finalists for the second phase of the Nokia Sensing XCHALLENGE. This is a $2.25m prize competition to advance the ability to use sensors to measure and manage health, and it’s something that we’re fascinated by at Health 2.0. You may recall that the first round’s winners were unveiled live on stage at the 2013 Health 2.0 Fall Conference by our friends at XPRIZE and Nokia.
UPDATE–The hangout is embedded above. To find out a little more, please come to a Google Hangout at 10 am Pacific/ 1pm EST Wednesday where I’ll be chatting with Dr. Erik Viirre, Medical and Technical Director of the Qualcomm Tricorder XPRIZE and the Nokia Sensing XCHALLENGE; Jonanthan Linkous, Chief Executive Officer of the American Telemedicine Association; Jon Dreyer, President of Health IT Strategic Partners; Dr. Manas Gartia from team MoboSense, a Distinguished Award winner in the Nokia Sensing XCHALLENGE Competition #1; and Dr. Marc Bailey from Nokia Technologies.
You can also see videos of the finalist teams and their breakthrough technologies can be viewed and voted on beginning today through October 30 at http://www.nokiasensingxchallengevoting.org. More on the teams below the fold:
Continue reading “SENSING XCHALLENGE, with Google Hangout Wednesday at 10 PST”
Filed Under: Health 2.0, Matthew Holt, THCB
Oct 21, 2014
Viewics is a health care data analytics company that uses a cloud-based SaaS model to provide health care organization with solutions to improve their operational, financial and clinical outcomes. Viewics raised $8M in additional funding today, in a round led by Canvas Venture Fund. This is the second funding round for the company this year. Earlier this February, it raised an undisclosed amount from a group of savvy Silicon Valley investors, including Morado Ventures’ Farzad Nazem, who also is the former Yahoo CTO, and AME Cloud Ventures, a venture capital group led by Yahoo’s founder and former CEO, Jerry Yang.
Viewics’ flagship product, Viewics Health Insighter (VHI), allows health care organizations to have a standardized suite of analytics tools to aggregate, extract and share insights from the vast amounts of data in their information systems. It eliminates the hassle of developing an internal business intelligence infrastructure. Viewics has over 100 hospitals and laboratories as its customers, and processes data for 20 million patients across multiple departments and visits. The VHI data aggregation platform enables clinical analysis on a database representing 650 million tests. Continue reading “Viewics: Changing the World of Health Care Data”
Filed Under: Health 2.0, THCB
Oct 15, 2014
I hate to give away all the punch lines from my California Healthcare Foundation report on healthcare accelerators, so you will just have to read it for yourself. However, a few extra tidbits that didn’t make it in are here below (as you can imagine, I can’t be quite as Lisa-ish in a commissioned report as in my blog). Among my many discussions with a myriad of willing report interviewees (thanks to all of you!), I started collecting some funny stories that I have begun to refer to as Tales from the Accelerator Crypt. A few of them are here below for your amusement.
- From an East Coast Economic Development-Focused Accelerator: By far the worst idea pitched to us was from a company that proposed to prevent falls among the elderly with a vest containing an airbag whose deployment is triggered by EEG signals coming from a wearable computer brain interface. It’s probably obvious why this is so insane. Getting beyond who might actually wear such a thing around their home or to bed, can you imagine the number of erroneous deployments from the notoriously unpredictable, noisy EEG signal? If only they had made a video. That same week in the same city, I was amazed to be introduced to a rival company also developing a wearable airbag for accidental falls, but at least this one was triggered by an accelerometer. File under “You know wearables have jumped the shark when…”
- From a University Program in CA: The most awful pitch we had was from a clinician-entrepreneur whose answer to every probing question on commercial viability was “This is going to save countless lives.” It was his answer to every question, clinical to operational to financial. The most entertaining stage moment, however, was when a CEO of a company developing a ‘next generation’ needle-free injector did a live demonstration of his product by injecting himself with saline while up on stage doing his pitch. He unbuttoned his shirt, gave himself the shot and buttoned up again, claiming how painless it was. As he continued to speak, blood pooled and spread from the injection site, down his arm and across his entire white shirt. It was a slow motion disaster. He didn’t recover very well. Needless to say they didn’t win the demo day competition.
Continue reading “Tales From the Accelerator”
Filed Under: Health 2.0
Tagged: Accelerator, Accelerator Checklists, Health 2.0, Investing, Lisa Suennen, Pitch, Startups, venture capital
Oct 10, 2014
I am excited to announce that the California Health Care Foundation (CHCF) has just published a report, authored by me, about the state of healthcare Accelerators in the U.S. and around the world. For those of you who don’t know CHCF, it is a very large not-for-profit endowment that has a mission to improve the quality, cost and efficiency of healthcare delivered to the underserved populations of California. In so doing, they also provide a very valuable educational service to the overall healthcare community and fund the creation of reports like this one about Accelerators.
The new report, entitled Survival of the Fittest: Healthcare Accelerators Evolve Towards Specialization is available for download HERE.
This report is intended to update the report that CHCF released two years ago entitled “Greenhouse Effect: How Accelerators are Seeding Digital Health Innovation” about the then emerging field of healthcare Accelerators. I would have to say that two years later in 2014, these programs have definitely emerged.
Continue reading “Healthcare Accelerators Evolve Towards Specialization”
Filed Under: Health 2.0, THCB
Tagged: California HealthCare Foundation, Lisa Suennen
Oct 10, 2014
By NIRAV DESAI
“There’s an app for that” popularizes the fact that over 1 million apps for smartphones and tablets have been developed to address anything, from small to complex, that people may want to do. In the world of mobile health, or mHealth, we’re prone to agree.
According to IMS Health, there are over 23,000 healthcare-related apps covering numerous clinical areas (from primary care to surgery), care sites (from home to acute care), users (from patients, to caregivers, to clinicians) and parts of the patient journey (from wellness to complex chronic disease). And, a recent study we conducted found that 70 percent of people use mobile apps on a daily basis to track calorie intake and monitor physical activities.
But the view of the mHealth world as just a proliferation of apps, while exciting and important, is flawed in several ways:
- It ignores the fact that while apps may be primary user touch points in a mobile-connected world, they are not the only ones.
- It leaves people with the idea that all you have to do to solve a problem is build an app. Often, the solution is much broader.
Healthcare is evolving beyond “there’s an app for that.” Here’s what’s happening…
Continue reading “mHealth – Beyond “There’s an app for that””
Filed Under: Health 2.0, Tech
Sep 14, 2014
Matthew Holt interviewed Jacob Reider, Deputy National Coordinator for Health Information Technology and Chief Medical Officer at the ONC, ahead of his appearance at the 8th Annual Health 2.0 Fall Conference. Jacob will be participating in several panels at Health 2.0, beginning with the Monday main stage panel ”Smarter Care Delivery: Amplifying the Patient Voice”.
In this interview, Jacob gives an overview of the HITECH program, the question of interoperability, and the broad adoption of technology in health care as an industry.
Matthew Holt: So, let’s touch base on a couple of things. You’ve been in ONC some time now. Let’s talk about how the general HITECH program has gone and is going. If you were to get to rate it, the spread of EMRs and the usefulness of them, their usability, how would you say we’re doing so far?
Jacob Reider: I think we’re doing very well. Some of your readers know I went to college at a place that had no grades. So I’ll give you the narrative score.
The narrative score is that the program has been very successful achieving the goals that were defined at the outset. So the first iteration of the program, stage one, was all about getting organizations to adopt Health Information Technology, and I think all of the metrics that we’ve seen have validated that the program has been quite successful in accelerating the adoption of Health Information Technology, in both hospitals and practices. That doesn’t mean that we’re finished, but the vast majority of these organizations have now adopted Health Information Technology. Are there additional goals that we’d like to be able to meet? Absolutely, we’d like to see interoperability working better. As you mentioned, we would like the products to be more usable, and therefore, safer.
We’d like to see patients even more engaged than they currently are, so they have more access to the information in their records. We’d like to solve a problem that we’re starting to see in the industry, which I started to call hyperportalosis, which is that in any given community, there may be many portals that patients are expected to log in to. So we’re trying to think about how those problems can be solved in the next iteration of the HITECH program.
Continue reading “Countdown to Health 2.0 2014: Exclusive Interview with ONC Chief Medical Officer Jacob Reider”
Filed Under: Health 2.0, THCB
Tagged: Blue Button, Epic, HITECH, ONC
Sep 13, 2014
Hope you had a fantastic Labor Day weekend! Now that you’re back, don’t forget the 8th Annual Fall Conference PRICE INCREASE is TODAY, Sept. 2! Join over 2,200 attendees as we showcase over 200 LIVE demos, innovative solutions and thought leadership on over 50 panels, with 150+ speakers over the course of four days on Sept. 21-24 at the Santa Clara Convention Center.
Highlights of speakers and sessions include:
- Keynotes from Dr. Eric Topol (Scripps Health),Patrick Soon-Shiong (NantHealth), Indu Subaiya(Health 2.0), Matthew Holt (Health 2.0), Bernard J. Tyson (Kaiser Permanente)
- Health Care Data Analytics will show how genomics, non-invasive diagnosis tools, and integrated data collections are uncovering new discoveries, promoting personalized medicine, and new care protocols.
- Consumer Tech and Wearables: Powering Healthy Lifestyles showcasing the NEW Health 2.0 Wearable Tech Runway with new solutions from companies such as Adidas, OM Signal,Walgreens, Withings, WebMD, Samsung
Electronics, Qualcomm Life, and many more!
- New Landscapes for Digital Diagnosis showcases tools for providers and consumers, while demonstrating new ways in which both communities are reaching the proper diagnosis.
New conference features:
- Traction: Brings together series A ready companies center stage as they vie to get the nod as the most fundable startup from venture capitalists and corporate investors. Notable judges and mentors include:
- Pharma & Hospital Roundtables: During these invite-only sessions, participants will discuss how their institutions create and utilize cutting-edge technologies to tackle complex health care issues ranging from care coordination to data exchange and how digital health is changing the pharmaceutical landscape from the earliest phases of research to clinical trials to the way consumers interact with their products in the real world. Email Kim Krueger (email@example.com) for more info.
- Bootstrapped Bootcamp: Have less than $2M in total funding? This year’s exhibition hall includes premier space for companies with less than $2 Million in funding to get traction and visibility in front an audience of over 2,200 health care professionals, thought-leaders, venture capitalists, and entrepreneurs. Reserve your space to demo your technology LIVE in our exhibit hall and enjoy a pass to the conference.
including many more new panels, sessions, and speakers found on the agenda online!
Limited Start-up rate applications are available - submit yours today. Really tight on budget or a student? Apply to volunteer.
Filed Under: Health 2.0, THCB
Sep 2, 2014
XPRIZE announced the 10 finalist teams competing for the $10M Qualcomm Tricorder XPRIZE, a 3.5-year global competition sponsored by the Qualcomm Foundation for teams to develop a consumer-focused, mobile device capable of diagnosing and interpreting a set of 15 medical conditions and capturing five vital health metrics. Launched in January 2012, the competition encourages the development of a device much like the medical Tricorder of Star Trek fame.
The Tricorder prize is something we’ve supported since its launch, and last year at the 7th Annual Health 2.0 Fall Conference, we got to host part of another XPRIZE competition: the Nokia Sensing CHALLENGE, a $2.25 million global competition to accelerate the development of sensors and sensing technology that is smaller, lighter, and capable of capturing true clinical data on a personal level. The teams on display were examples of how Health 2.0 technologies are pushing the boundaries of access, diagnosis, and discovery.
The recently announced finalists for the Tricorder prize promise to be equally impressive as they work to move the science fiction of the Star Trek Tricorder to science reality. The ten teams represent diverse backgrounds from non-profits to academia to start-ups, and include:
- Aezon (Rockville, Md.), led by Tatiana Rypinski, a team of student engineers from Johns Hopkins University partnering with the Center for Bioengineering Innovation & Design.
- CloudDX (Mississauga, Canada), a team from medical devices manufacturer Biosign and led by company chief medical officer, Dr. Sonny Kohli.
- Danvantri (Chennai, India), a team from technology manufacturer American Megatrends India and led by company Director and CEO, Sridharan Mani.
- DMI (Cambridge, Mass.), a team led by Dr. Eugene Y. Chan of the DNA Medicine Institute partnering with NASA, the National Institutes of Health and the Bill and Melinda Gates Foundation.
- Dynamical Biomarkers Group (Zhongli City, Taiwan), a team of physicians, scientists and engineers led by Harvard Medical School professor Chung-Kang Peng.
- Final Frontier Medical Devices (Paoli, Pa.), a team led by the founders of Basil Leaf Technologies—brothers Dr. Basil Harris, an emergency room physician, and George Harris, a network engineer.
- MESI Simplifying diagnostics (Ljubljana, Slovenia), a team from diagnostic medical device manufacturer MESI and led by company CEO, Jakob Susteric.
- SCANADU (Moffett Field, Calif.), a team from Silicon Valley-based start-up SCANADU led by technology entrepreneur and company co-founder and CEO, Walter De Brouwer.
- SCANurse (London, England), a team from diagnostic medical manufacturer SCANurse and led by biomedical engineer and company founder, Anil Vaidya.
- zensor (Belfast, Ireland), a team from clinical sensor and electrode company Intelesens and led by chief technology officer, Prof. Jim McLaughlin.
Matthew Holt had a chance to speak with Grant Campany, the Senior Director of the Qualcomm Tricorder XPRIZE and Nokia Sensing XCHALLENGE, about the finalists and the competition. We’re excited to follow these teams on their quest and see how their technologies change our world. To hear more, take a look at the interview below:
Kim Krueger is a Research Analyst at Health 2.0.
Filed Under: Health 2.0
Aug 29, 2014
Calling all digital health startups! If you are actively seeking Series A funding, then apply to Traction: Health 2.0’s Startup Championship. The deadline for applications is Aug 29th, so don’t miss out on this great opportunity.
Traction has plenty to offer for anyone who is interested in learning more about the digital health industry and to see some of the hottest startups of 2014. Between the startups pitches we’ll feature two panel discussions by industry leaders who explain current trends in digital health investment.
The Corporate Investor Perspective:
Joe Volpe of Merck, Noah Lewis of GE Ventures, and Jack Young of Qualcomm will share their perspectives on what criteria are most important for digital health investors. Get the scoop on the must-haves for young startups seeking funding.
Continue reading “Startups Seeking Series A? Apply to Pitch at Traction at Health 2.0!”
Filed Under: Health 2.0
Aug 28, 2014
The best way to get your startup noticed is to have your product validated by experts in the industry. As a young startup connecting with that community of experts can be quite difficult. Participating in a developer challenge can not only lead to funding and credibility but provides a valuable testing ground for products.
What is a developer challenge? These virtual competitions build on the concept of their in-person cousin the code-a-thon/hack-a-thon, prompting teams to develop technologies to address some of healthcare’s most complex issues. Over 3 – 6 months teams work on design concepts and prototypes for a variety of challenges sponsored by all types of organizations from charitable foundations to for-profit companies. Final submissions are judged by a panel of industry experts and winners are awarded cash prizes.
Health 2.0 has run over 75 challenges in the past 4 years and awarded over $6M in funding to burgeoning digital health companies. But its not only money that draws teams to these competitions, participants gain validation of their product, publicity and market access.Reflecting on the past few years, we want to share the successes of these challenges.
Ready? Here we go!
Continue reading “Giving Startups their Big Start: How Developer Challenges Make the Difference”
Filed Under: Health 2.0
Tagged: business model for digital health, challenges, Funding, Innovation, venture capital
Aug 15, 2014