/ en Fri, 25 Apr 2025 22:50:23 -0500 Tue, 18 Feb 25 06:00:00 -0600 /aha-center-health-innovation-market-scan/2025-02-18-4-signs-might-be-stronger-year-digital-health-funding <div class="container"><div class="row"><div class="col-md-8"><p><img src="/sites/default/files/inline-images/4%20Signs-That-This-Might-Be-a-Stronger-Year-for-Digital-Health-Funding.png" data-entity-uuid="0afaa22e-e387-4df8-8d30-862f9e65eadc" data-entity-type="file" alt="4 Signs That This Might Be a Stronger Year for Digital Health Funding. A tablet computer with a brain scan displayed on the screen and a stethoscope wrapped around it." width="100%" height="100%"></p><p>Investments in digital health startups have whipsawed in recent years. After record-breaking investments in 2020 and 2021, sharp dips followed the next two years. For 2025, a rebound may be in store, according to a recent <a href="https://www.summithealth.io/insights/digital-health-go-to-market-report-news-release" target="_blank" title="Summit Health Advisors: Digital Health Go-to-Market Report: Four-in-Five Companies to Raise Capital in 2025">survey report from Summit Health Advisors</a>.</p><p>The survey, conducted in September, of 103 senior leaders whose companies sell digital health products, found that 81% have a positive outlook or are cautiously optimistic about investment prospects for this year. Nearly the same percentage (79%) said that their organizations will pursue new investment capital in the next 12 months.</p><p>And if digital health company funding rounds early this year are any indication, it could be a bounce-back year for startups. Here are some of the more significant digital health funding rounds announced in Q1, according to <a href="https://news.crunchbase.com/venture/biggest-rounds-january-2025-ai-data-infinite-anthropic/" target="_blank" title="Crunchbase News: The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month">Crunchbase News</a>, which reports on the business of technology, startups and venture capital.</p><h2><a href="https://www.retro.bio/" target="_blank" title="Retro Bioscience homepage"><img src="/sites/default/files/inline-images/Retro-Biosciences.png" data-entity-uuid="8f88b5db-2df9-4823-bcf3-6849591a8b58" data-entity-type="file" alt="Retro Biosciences. Human cells." width="524" height="612" class="align-left">Retro Biosciences</a></h2><p>The biotech firm that focuses on cellular reprogramming, autophagy (the body’s process of reusing old and damaged cell parts) and plasma-inspired therapeutics designed to help people live longer raised a $1 billion round led by Italian financier Sandro Salsano. The capital will be used to back clinical trials for drugs that battle age-related diseases.</p><h2><a href="https://www.truveta.com/" target="_blank" title="Truveta homepage"><img src="/sites/default/files/inline-images/Truveta.png" data-entity-uuid="d14d0b1d-0612-4aeb-a744-0f4fbea295a4" data-entity-type="file" alt="Truveta. Strands of human DNA." width="524" height="612" class="align-left">Truveta</a></h2><p>The medical data research company scored a $320 million investment from Regeneron Pharmaceuticals, Illumina and 17 U.S. health systems as it continues to build what is billed as the world’s largest genetic data base. The deal values privately held Truveta at more than $1 billion. The company aggregates medical records data from its partner institutions to link treatments with outcomes and other health information.</p><h2><a href="https://www.kardigan.bio/" target="_blank" title="Kardigan homepage"><img src="/sites/default/files/inline-images/Kardigan.png" data-entity-uuid="2c75bacb-1f5e-461d-8138-f738b868809c" data-entity-type="file" alt="Kardigan. A scan of a human body with the cardiovascular system highlighted." width="524" height="612" class="align-left">Kardigan</a></h2><p>The San Francisco-based startup that develops cardiovascular drug treatments launched with $300 million Series A financing led by Arch Venture Partners, Perceptive Advisors and Sequoia Heritage. The company’s platform leverages a proprietary set of cardiac-specific tools that help analyze therapeutic candidates as well as patients’ individualized responses to treatment.</p><h2><a href="https://innovaccer.com/" target="_blank" title="Innovaccar Inc. homepage"><img src="/sites/default/files/inline-images/Innovaccer-Inc.png" data-entity-uuid="ac8b7119-cf3e-42e0-8c54-676c0c258ca8" data-entity-type="file" alt="Innovaccer Inc. A data cloud raining on a microchip." width="524" height="612" class="align-left">Innovaccer Inc.</a></h2><p>The health care data company that increasingly has been focused on artificial intelligence (AI) to support its value-based care programs announced a $275 million Series F funding round. The investment will fuel Innovaccer’s efforts to expand its collaboration with existing customers, introduce new AI and cloud capabilities, and scale a developer ecosystem on the platform. The company plans to add multiple co-pilots and agents to its offerings, including utilization management, prior authorization, clinical decision support, clinical documentation, care management and a contact center.</p></div><div class="col-md-4"><p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" alt="AHA Center for Health Innovation logo" width="721" height="130" data-entity- type="file" class="align-center"></a></p><p><a href="/center/form/innovation-subscription"><img src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png" data-entity-uuid data-entity-type alt width="360" height="300"></a></p></div></div></div>.field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } h2 { color: #9d2235; } Tue, 18 Feb 2025 06:00:00 -0600 Health Care Startups /aha-center-health-innovation-market-scan/2024-04-23-can-hospitals-create-better-digital-health-startups <div class="container"><div class="row"><div class="col-md-8"><p><img src="/sites/default/files/inline-images/Can-Hospitals-Create-Better-Digital-Health-Startups.png" data-entity-uuid="2272187d-c875-4361-a4ef-0bcb6e6a0cce" data-entity-type="file" alt="Can Hospitals Create Better Digital Health Startups? A laptop computer with three rockets launching out of the screen behind a women holding a jagged red arrow going up an to the left." width="100%" height="100%"></p><p>The startup incubation studio <a href="https://aegisventures.com" target="_blank" title="Aegis Ventures homepage">Aegis Ventures</a> recently gained some important backers for its model to co-develop, invest in and deploy tech solutions that address health care’s most pressing quality, equity and cost problems.</p><p>Nine health systems, including Northwell Health, Novant Health, Ochsner Health and Stanford Health Care, recently joined the venture company’s <a href="https://www.prnewswire.com/news-releases/aegis-ventures-announces-partnership-with-nine-health-systems-to-build-and-deploy-healthtech-solutions-302104921.html" target="_blank" title="PR Newswire: Aegis Ventures Announces Partnership with Nine Health Systems to Build and Deploy Healthtech Solutions">Digital Consortium</a>.</p><p>Together, the health systems and the private equity (PE) firm that is the venture capital division of <a href="https://www.aegiscapcorp.com/" target="_blank" title="Aegis Capital Corp. homepage">Aegis Capital Corp.</a> will develop startups to address health system needs. Aegis believes that health system leaders are best suited to identify opportunities for innovation.</p><p>In partnership with entrepreneurs and technologists, consortium members will co-develop an ecosystem of synergistic companies built for health systems by health systems that address core operational pain points. John Noseworthy, M.D., former president and CEO of Mayo Clinic, will chair the consortium and work closely with health system partners to leverage the respective strengths and strategic plans of each system.</p><p>Northwell and Aegis have been collaborating on this concept for three years and already have built four companies spanning patient engagement, women’s health, artificial intelligence-based diagnostics, workflow automation and emotion analytics.</p><p>The new participants in the <a href="https://aegisventures.com/insights/putting-health-systems-first/" target="_blank" title="Aegis Ventures: Putting Health Systems First">consortium</a>, who were selected through a rigorous evaluation program, collectively represent more than $65 billion in operating revenue and more than 300,000 employees. The consortium likely will expand in the future, John Beadle, Aegis Ventures co-founder and managing partner, recently told Fierce Healthcare.</p></div><div class="col-md-4"><p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" alt="AHA Center for Health Innovation logo" width="721" height="130" data-entity- type="file" class="align-center"></a></p><p><a href="/center/form/innovation-subscription"><img src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png" data-entity-uuid data-entity-type alt width="360" height="300"></a></p></div></div></div>.field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 23 Apr 2024 06:00:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2023-09-12-private-equity-primer-health-care-organizations <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="A Private-equity Primer for Health Care Organizations. Strategic Investment in Health Care Innovation Part 2: Private-Equity Primer for Health Care Organizations." data-entity-type="file" data-entity-uuid="4860030b-eba5-4e58-ab12-c3673ccb5372" src="/sites/default/files/inline-images/A-Private-equity-Primer-for-Health-Care-Organizations.png" width="620" height="381"></p> <p>Health care costs, which account for about 20% of U.S. gross domestic production, are a major force in driving innovation in the field. And increasingly, provider organizations are exploring innovation investing as part of their strategy to transform operations.</p> <div class="row"> <div class="col-md-3"><img alt="Strategic Investment in Health Care Innovation Part 2: Private-Equity Primer for Health Care Organizations" data-entity-type="file" data-entity-uuid="00f62d16-bb94-41b7-8920-f797ea8e4225" src="/sites/default/files/inline-images/Page-1-Concord-Investing-Part-2-Private-Equity-Primer-for-Health-Care-Organizations-466x357_0.png" width="357" height="466" class="align-left"></div> <div class="col-md-9"> <p>A newly released report, <a href="/center/strategic-investment-in-health-care-innovation#part2">“Primer for private-equity investing for health care organizations,”</a> from Concord Health Partners and the AHA Center for Health Innovation explores what leaders need to know about private equity as they explore innovation investing. The report defines private equity as an asset class, describes how its strategies differ from one another, explains how private-equity firms can help health care organizations innovate and how to evaluate prospective partners.</p> <p>This report builds on Part 1 of the series, <a href="/center/strategic-investment-in-health-care-innovation#part1">“The Rise of Innovation Investing Among Health Care Organizations.”</a></p> <p>Future reports in the series will explore ingredients for success in health care investing and growth-equity investing in health care.</p> <p><strong><a href="/system/files/media/file/2023/08/Concord-Investing-Part-2-Private-Equity-Primer-for-Health-Care-Organizations.pdf">Download Part 2 of the Series Now.</a></strong></p> </div> </div> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 12 Sep 2023 06:30:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2023-08-08-general-catalysts-4-priorities-health-care <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="General Catalyst’s 4 Priorities for Health Care. A man with a beard in half business suit, half T-shirt with suspenders looks through a telescope to see icons that represent the future of health care start-ups." data-entity-type="file" data-entity-uuid="019d1f6d-0f34-4b87-ae21-c1ebbfc48686" src="/sites/default/files/inline-images/General-Catalysts-4-Priorities-for-Health-Care.png" width="620" height="381"></p> <p>General Catalyst (GC), one of America’s largest venture capital firms, has raised about $15 billion since it launched more than two decades ago. It has backed companies that were once relative unknowns like Airbnb, Instacart and Warby Parker. It sees itself as an agent for change — working to transform companies, industries and the world.</p> <p>Over the past several years, however, GC has become increasingly focused on health care with its Health Assurance Ecosystem initiative, which is designed to create a more proactive, affordable and equitable system of care.</p> <p>In May, General Catalyst partnered with another tech-focused venture capital (VC) firm, Andreessen Horowitz, to co-lead a <a href="https://www.globenewswire.com/news-release/2023/05/16/2670039/0/en/Hippocratic-AI-Launches-With-50-Million-Seed-Round-Co-Led-by-General-Catalyst-and-Andreessen-Horowitz-to-Build-Safety-Focused-Large-Language-Model-for-Healthcare.html" target="_blank" title="GlobeNewswire: Hippocratic AI Launches With $50 Million Seed Round Co-Led by General Catalyst and Andreessen Horowitz to Build Safety-Focused Large Language Model for Healthcare">$50 million seed round</a> to bring a startup called <a href="https://www.hippocraticai.com/" target="_blank" title="Hippocratic AI homepage">Hippocratic AI</a> out of stealth mode.</p> <p>It is using the money to build its safety-focused large language model for health care that can help ease workforce shortages and burnout. It’s a text-generating artificial intelligence model designed for nondiagnostic, patient-facing applications with such use cases as explaining benefits and billing, providing dietary advice, delivering negative test results that indicate when nothing is wrong, onboarding patients and more.</p> <p>GC’s vote of confidence in Hippocratic AI’s technology fits with the VC firm’s mission: to invest in powerful, positive change that endures and to approach company building with responsible innovation.</p> <p>Hippocratic’s AI models were trained under the supervision of medical professionals. It only releases each role once the people who do that job in real life deem that the model is ready.</p> <h2><span>Transfixed on Transformation</span></h2> <p>GC increasingly has become focused on engaging and supporting startups like this and bringing together transformation-minded health care systems to reduce friction, inefficiency and cost while accelerating innovation, said Daryl Tol at the recent AHA Leadership Summit.</p> <p>Tol, former CEO for Advent Health’s Central Florida division, now heads GC’s Health Assurance Ecosystem, which includes 19 health system partners like HCA Healthcare, Intermountain Health and Jefferson Health. Health Assurance Ecosystem and its partners work together to identify opportunities to build lasting, innovative solutions that will transform health care.</p> <p>“There is no reason multiple health systems can’t work together to build a virtual nursing command center or a patient experience platform. There’s not enough of this happening in health care,” Tol said.</p> <p>Along with convening partners to address common challenges impacting the field, GC’s other top health care aims are to provide capital for innovative startups and to be an aggregator that builds some of the machinery and capabilities to help accelerate transformation.</p> <h2><span>4 GC Health Assurance Ecosystem Priorities</span></h2> <h3><span>1</span> <span>|</span> Bridge building is a must.</h3> <p>GC has hired a team of long-tenured health system executives like Tol, former Intermountain Health CEO Marc Harrison, M.D., and others to work hand in hand with health systems and innovators to create transformation that endures. GC’s leaders know that transformation is occurring in health care; they just don’t believe it’s happening fast enough nor is all the needed equipment in place yet.</p> <h3><span>2</span> <span>|</span> Transformation must become more digestible.</h3> <p>The GC team is helping its health system partners break transformation into pieces so they can demonstrate success quickly and hold ground while doing it, Tol explained. “How do we increase the momentum? How do we create scale so that health systems maintain their regional footprint and their strength and can still play on a national stage? These aren’t easy questions to answer, but we’re working on it,” Tol said.</p> <h3><span>3</span> <span>|</span> Health care needs better middleware.</h3> <p>Health care is fragmented and it is difficult, if not impossible, for a single health system to aggregate the technological capabilities of companies like Optum, Amazon or CVS Health, Tol said. And while health care has a solid, established infrastructure with electronic health records and enterprise resource planning tools to support operations, many other technologies today are merely point solutions that don’t provide interconnectivity, interoperability and the ability to plug in data. “We’re thinking about how to take combinations of point solutions and put them in a rational mixture with middleware. Who does it? How does it get built? We don’t have to do it all. We just need to find great partners, collaborate and put this together in a way that makes sense for health systems,” Tol said.</p> <h3><span>4</span> <span>|</span> Everyone needs to see the picture on the box.</h3> <p>Transformation is like a puzzle or Lego set. Health care is siloed and people are focused on their individual pieces of the puzzle, Tol said. Each piece may look great in isolation, but it’s tough to envision how it fits into the larger puzzle without seeing the picture on the box. “That’s what General Catalyst is trying to do,” Tol said.</p> <hr> <h2><span>See What You Missed at the AHA Leadership Summit</span></h2> <p>This <a href="https://www.youtube.com/watch?v=dS5pNO9mseA" target="_blank" title="YouTube: AHA 2023 Leadership Summit: Highlights from the Meeting">video</a> provides highlights from the recent conference in Seattle.</p> <hr> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 08 Aug 2023 06:15:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2023-08-01-meet-6-startups-could-transform-care <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="Meet 6 Startups That Could Transform Care. A hand pushed a red button on a mobile phone and a rocket launches out of the screen with gold and silver coins in the background." data-entity-type="file" data-entity-uuid="53f67459-d132-480d-9d8f-ce5608cab5f6" src="/sites/default/files/inline-images/Meet-6-Startups-That-Could-Transform-Care.png" width="620" height="381"></p> <p>Several things were abundantly clear at the recent AHA Leadership Summit.</p> <p>First, workforce challenges being what they are, provider organizations must find innovative ways to optimize caregivers’ time. Second, artificial intelligence (AI) and other technologies will need to be harnessed to enhance clinical decision-making, reduce administrative burden and help improve outcomes. And, last, this transformation needs to accelerate.</p> <p>With this reality as a backdrop, six health care startups shared their approaches to addressing complex challenges in areas like improving access to high-quality mental health, delivering clinical risk intelligence for hospitals and leveraging enterprise time-study data to optimize caregivers’ performance. Here’s a snapshot of each company’s value proposition.</p> <h2><span><img alt="Altopax. A diverse group of digital icons." data-entity-type="file" data-entity-uuid="c3a280a8-4222-41ef-bd53-2269176e27a3" src="/sites/default/files/inline-images/Altopax.png" width="100" height="130" class="align-left">Altopax</span></h2> <p>This company operates on a simple premise. The clinician shortage and poor reimbursement stop many, if not most, patients in need of mental health care from getting it. And unlike other telehealth solutions, <a href="https://www.altopax.com/" target="_blank" title="Altopax homepage">Altopax</a> tackles the scalability problem via group telehealth. The privacy-enhancing platform enables patients to use an avatar to participate in group therapy and uses measurement-based care tools and personalized pathways. The specialty network delivers measurable, scalable care via health psychologists who demonstrate cultural competency and can address specific populations such as the elderly.</p> <h3><span>| </span><span>Transformative Potential</span> <span>|</span></h3> <p>As the field continues to deal with a significant shortage of behavioral health providers, the platform addresses many touch points across the care continuum in such areas as transitional care for post-acute groups, outpatient behavioral health and integrated care (e.g., primary care, oncology, diabetes and depression, and chronic pain).</p> <h2><span><img alt="Bend Health. A boy with his eyes closed rubs his temples." data-entity-type="file" data-entity-uuid="36b8c3b3-6e68-4be9-b2b4-b00d90dc9270" src="/sites/default/files/inline-images/Bend-Health.png" width="100" height="130" class="align-left">Bend Health</span></h2> <p>Founded by Monika Roots, M.D., a child and adolescent psychiatrist, and her husband Kurt, a data scientist, the company provides services nationally in a collaborative care model that integrates pediatric primary care with behavioral care. <a href="https://www.bendhealth.com/" target="_blank" title="Bend Health homepage">Bend Health</a> empowers kids, teens and families with skills to build lifelong resilience. It provides a rapid-support team to perform risk assessment, crisis management and triage. It also offers virtual neuropsychological testing to support diagnoses of disorders, conditions and brain injuries. Mental health coaching also is available along with mental health content to allow self-study between sessions.</p> <h3><span>|</span> <span>Transformative Potential</span> <span>|</span></h3> <p>Offering appointments within days vs. the national average wait time of six months to a year for pediatric psychiatric care, the company addresses the critical shortage of providers while at the same time helps licensed behavioral health providers increase their capacity threefold, the company states. The model also generates revenue for primary care physicians.</p> <h2><span><img alt="Mednition. ER staff push a patient on a gurney down a hallway." data-entity-type="file" data-entity-uuid="79bffa1c-4672-43f0-b4a6-840fd616d351" src="/sites/default/files/inline-images/Mednition.png" width="100" height="130" class="align-left">Mednition</span></h2> <p>Created out of an emergency department (ED) event involving the company founder’s daughter, the <a href="https://mednition.com/" target="_blank" title="Mednition homepage">KATE AI platform</a> provides 24/7 clinical-risk intelligence to nurses, providers and hospitals to help detect conditions faster and close the risk gap for clinical errors. KATE AI identifies up to 80% of sepsis patients before lab results, the company states, and helps with other high-risk clinical presentations such as preeclampsia, stroke signs and risk assessment for blood thinner-related patient falls. The program uses natural language processing and machine learning algorithms to produce accurate Emergency Severity Index (ESI) predictive models.</p> <h3><span>|</span> <span>Transformative Potential</span> <span>|</span></h3> <p>Company co-founder and CEO Steven Reilly believes KATE AI will become the standard of care in ED triage. The KATE model predicted accurate ESI acuity assignments 75.7% of the time, compared with nurses (59.8%) and individual study clinicians (75.3%), according to a <a href="https://pubmed.ncbi.nlm.nih.gov/33358394/" target="_blank" title="National Library of Medicine PubMed: Improving ED Emergency Severity Index Acuity Assignment Using Machine Learning and Clinical Natural Language Processing">2021 study</a> published in the Journal of Emergency Nursing.</p> <h2><span><img alt="Mindmaze. A senior citizen wearing a virtual-reality headset." data-entity-type="file" data-entity-uuid="24e73ebf-ee2e-4ef3-b116-29256be9795e" src="/sites/default/files/inline-images/Mindmaze.png" width="100" height="130" class="align-left">Mindmaze</span></h2> <p>With more than a decade of work in neuroscience, biosensing, engineering, mixed reality and AI, the company works to enhance the recovery potential of patients with neurological diseases. <a href="https://mindmaze.com/" target="_blank" title="Mindmaze homepage">Mindmaze</a> combines its Food and Drug Administration-cleared digital therapeutics with motion analytics, AI and cloud technologies with the goal of creating a universal platform for brain health. More than 10,000 patients have experience with Mindmaze solutions globally, and the company has active collaborations with Johns Hopkins, UCSF and Mount Sinai.</p> <h3><span>|</span> <span>Transformative Potential</span> <span>|</span></h3> <p>Neurological disease is vast and increasing, the company notes, reducing quality of life and resulting in significant economic burden to society. Mindmaze’s portfolio of solutions includes motor and cognition training through motivating, challenging and playful environments, interactive gamified rehabilitation for upper and lower limbs and hands, and a patient-management platform that simplifies treatment and enables continuous objective monitoring.</p> <h2><span><img alt="Pieces. A user types on a keyboard with an upload to cloud icon above the keyboard." data-entity-type="file" data-entity-uuid="f18fcb26-3da3-458c-9873-7fcc21c5c7cd" src="/sites/default/files/inline-images/Pieces.png" width="100" height="130" class="align-left">Pieces</span></h2> <p>This platform applies generative AI to support and augment physicians and front-line staff so they can make informed decisions more quickly, improve patient care and outcomes, and alleviate resource pressures. AI-generated clinical summaries integrate with the electronic health record and generate insights for clinicians while also predicting patients at high risk. <a href="https://piecestech.com/" target="_blank" title="Pieces homepage">Pieces</a> also is designed to boost operational efficiency and increase capacity by identifying discharge barriers with 90% accuracy and predicting discharge dates. The program communicates with physicians and other caregivers and provides briefings for inpatients and families.</p> <h3><span>|</span> <span>Transformative Potential</span> <span>|</span></h3> <p>This system not only fits with providers’ needs to optimize clinician time and to improve operational efficiency, but also assists with the critically important role of improving patient handoffs, which contribute to about 80% of medical errors, the company states.</p> <h2><span><img alt="Time Study. An open hand with a golden clock face projected in the palm." data-entity-type="file" data-entity-uuid="29ef319c-94ca-4716-ab09-61b3ecf87ffa" src="/sites/default/files/inline-images/Time-Study.png" width="100" height="130" class="align-left">Time Study</span></h2> <p>This platform improves time-study efficiency and accuracy to deliver actionable insights to optimize workforce effectiveness, operational efficiency, financial performance and compliance. The data collection tools in <a href="https://timestudy.com/" target="_blank" title="Time Study homepage">Time Study</a> tell a story of how staff spend their time and provide analytics in near real time. More than 11 million hours of time studies have been conducted on the platform and more than 75 hospitals have used the program to balance staffing levels, reduce administrative burden and operate at “top of license.”</p> <h3><span>|</span> <span>Transformative Potential</span> <span>|</span></h3> <p>Many health care clients see the platform as a game changer in the way they collect, track and report time for regulatory compliance and reimbursement and how it addresses staff shortages and burnout, the company notes.</p> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 01 Aug 2023 06:15:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2023-06-13-verizon-accelerator-program-targets-7-startups-addressing-health-equity <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="Verizon Accelerator Program Targets 7 Startups Addressing Health Equity. A rocket with a white cross in a red circle on the side of it blasts off against a field of stars." data-entity-type="file" data-entity-uuid="7e287da3-eb5f-4cb8-a2a0-0159a29da75e" src="/sites/default/files/inline-images/Verizon-Accelerator-Program-Targets-7-Startups-Addressing-Health-Equity.png" width="620" height="295"></p> <p>Finding innovative solutions to address barriers to health access will be critical as the field continues to make progress on improving health equity. Tech giant Verizon hopes to accelerate progress through its work with CoLab, an accelerator program that supports startups developing solutions around 5G, medical essential coverage, big data, artificial intelligence and XR technologies.</p> <p>Seven organizations recently completed the third cohort of Verizon’s Forward for Good Accelerator, which is focused on scaling solutions that address barriers to health access and high-quality care. Participants presented their tech-enabled solutions at the Verizon Innovation Lab last month in Boston.</p> <p>The startups received access to Verizon resources, including expert mentorship, technology enablement and coaching, networking and $50,000 in non-dilutive funding to scale their solutions. The winners are:</p> <h2><a href="https://www.equityhealthcares.com/" target="_blank" title="Equity Health homepage">Equity Health</a></h2> <p>The company developed a platform to enable home-based primary care practices of the future.</p> <h2><a href="https://healthinherhue.com/" target="_blank" title="Health in Her HUE homepage">Health in Her HUE</a></h2> <p>Connecting Black women and women of color to culturally sensitive health care providers, the company provides evidence-based content and community support.</p> <h2><a href="https://lessonbee.com/" target="_blank" title="Lessonbee homepage">Lessonbee</a></h2> <p>The company’s solution addresses social determinants of health by integrating health education, community context and health care in a comprehensive digital learning platform.</p> <h2><a href="https://www.gomedhaul.com/" target="_blank" title="MedHaul homepage">MedHaul</a></h2> <p>This firm helps organizations understand and solve transportation barriers for historically marginalized patients, including low-income, elderly, and disabled individuals who reside in rural communities.</p> <h2><a href="https://www.navigatematernity.com/" target="_blank" title="Navigate Maternity homepage">Navigate Maternity</a></h2> <p>This remote monitoring maternal care management platform captures, analyzes and communicates data in real time for enhanced clinical decision-making.</p> <h2><a href="https://revealix.com/" target="_blank" title="Revealix homepage">Revealix</a></h2> <p>This company developed a mobile application that helps clinical teams streamline and scale their amputation-prevention practices through real-time monitoring of skin temperature changes, custom risk scores and patient education.</p> <h2><a href="https://www.veriteos.com/" target="_blank" title="Veriteos homepage">Veriteos</a></h2> <p>The company brings coordinated and culturally relevant mental health services to those living in underserved communities. Its health navigation tool aligns local community resources, community clinic availability and novel opportunities for culturally competent care.</p> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 13 Jun 2023 06:00:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2023-01-17-health-startups-investors-offer-4-bold-predictions-2023 <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="(Health Startups, Investors Offer 4 Bold Predictions for 2023. A business person looks into the future of health care startups." data-entity-type="file" data-entity-uuid="052aa258-2d79-422e-a479-0165b9c298b3" src="/sites/default/files/inline-images/Health-Startups-Investors-Offer-4-Bold-Predictions-for-2023.png" width="620" height="381"></p> <p>There’s never a shortage of predictions about health care annually, but a recent Health Tech 2023 forecast based on a survey of 90 digital health startups and investors offered some interesting findings. Here are four that caught our eye:</p> <h2><span>1</span> <span>|</span> Company likely to deliver the most notable merger or acquisition of 2023: <span>CVS Health (29%)</span></h2> <p>Optum (10%) and Amazon (8%) placed second and third, respectively. Respondents speculated that CVS’ top acquisition targets could include Privia Health, Oak Street Health and others while Amazon could have its eye on population health startup Color and retail giant Walgreens. Optum’s targets could include price transparency platform Turquoise Health and mental health provider Headspace Health.</p> <h2><span>2</span> <span>|</span> Large retail care provider most likely to acquire an insurance arm: <span>Amazon (32%)</span></h2> <p>After Amazon’s acquisition of primary care provider One Medical, many analysts thought buying a health insurance company might be on the company’s radar. This also could add competition for players like UnitedHealth Group and CVS Health, which owns Aetna.</p> <h2><span>3</span> <span>|</span> Biggest threat to health systems’ core business by year end: <span>Amazon (52%)</span></h2> <p>This prediction is particularly interesting given that Amazon officials noted at the HLTH conference last fall that the company views itself as a partner, not a competitor to the broader health care ecosystem.</p> <h2><span>4</span> | Company with which health systems are most likely to partner in 2023: <span>Teladoc (48%)</span></h2> <p>As health care organizations continue to modify their virtual care programs now that the worst of the pandemic appears to be over, this prediction could bear watching. Walgreens (46%) and CVS (42%) were the second and third most often named companies.</p> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 17 Jan 2023 06:00:00 -0600 Health Care Startups /aha-center-health-innovation-market-scan/2022-07-26-6-startups-could-transform-health-care <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="6 Startups That Could Transform Health Care. Anuradhika Anuradhika, system vice president, strategic partnerships with CommonSpirit Health; Hank Capps, M.D., executive vice president of Wellstar Health System; and Dipa Mehta, system vice president, corporate development and ventures, Advocate Aurora Enterprises on stage questioning leaders of health care startups at the AHA Leadership Summit." data-entity-type="file" data-entity-uuid="ec12cf00-4cbe-4086-830a-1a0bdf07234c" src="/sites/default/files/inline-images/6-Startups-That-Could-Transform-Health-Care.jpg" width="620" height="381"></p> <p>Health care’s innovation challenges are expanding. Whether it’s increasing access, making care more affordable, finding more diverse candidates for leadership roles or developing ways to schedule staff more efficiently and effectively, entrepreneurs from inside and outside the field are building solutions.</p> <p>At the recent AHA Leadership Summit, attendees got an inside look at six startups at the forefront of transforming health care. The companies shared their novel approaches to addressing some of the field’s most complex and pressing challenges and their strategies were probed by a panel of experts, including Anuradhika Anuradhika, system vice president, strategic partnerships with CommonSpirit Health; Hank Capps, M.D., executive vice president of Wellstar Health System; and Dipa Mehta, system vice president, corporate development and ventures, Advocate Aurora Enterprises.</p> <p>Here’s a snapshot of each company and its value proposition.</p> <h2><span><img alt="Twentyeight Health. A woman's reproductive system icon." data-entity-type="file" data-entity-uuid="75e2676d-f679-48ca-9876-c6a174879de2" src="/sites/default/files/inline-images/Twentyeight-Health-icon.jpg" width="100" height="130" class="align-left"><a href="https://www.twentyeighthealth.com/" target="_blank" title="Twentyeight Health homepage">Twentyeight Health</a></span></h2> <p>Focusing on increasing access to reproductive and sexual health for underserved communities, the company’s goal is to provide longitudinal care from contraception, perinatal to menopause through telemedicine, medication delivery and ongoing care. Twentyeight Health has a proprietary network of Medicaid-registered physicians who serve patient needs in primary care deserts, including rural areas, said Amy Fan, the company’s co-founder and president. The company delivers prescriptions to patients’ homes to improve medication adherence, offers educational resources to help women advocate for their own care and provides ongoing care to help triage and monitor complex pregnancies.</p> <h3>Transformative Potential</h3> <p>In a time of great change on reproductive rights and access to care, this platform ties together educational resources, virtual care and other services for those most in need.</p> <h2><span><img alt="Flexwise Health. A doctory with eye protection, a surgical mask, and a stethoscope icon." data-entity-type="file" data-entity-uuid="ea0a909f-ad06-4ceb-abfa-2cf67e64109b" src="/sites/default/files/inline-images/Flexwise-Health-icon.jpg" width="100" height="130" class="align-left"><a href="https://www.flexwisehealth.com/" target="_blank" title="Flexwise Health homepage">Flexwise Health</a></span></h2> <p>Health care’s new normal has resulted in a disrupted workforce that includes unprecedented clinical labor shortages, extended levels of staff turnover and vacancies and significantly inflated labor costs. Flexwise is helping organizations to restore workforce balance among core staff, flexible staffing and traveling caregivers. The company’s intelligent workforce platform and forecasting algorithms help organizations optimize workforce planning, staffing and scheduling while providing on-demand access to resource pools across health systems, said Kevin Godsey, CEO.</p> <h3>Transformative Potential</h3> <p>Addressing arguably health care’s greatest challenge — optimizing the clinical workforce — this resource offers a data-driven approach to help leaders build core staff schedules and plug in flexible resources when and where they’re needed.</p> <h2><span><img alt="Humanity Health. A business woman holding a briefcase icon." data-entity-type="file" data-entity-uuid="e0347105-2f7b-4b40-a22d-6cf60c9f113d" src="/sites/default/files/inline-images/Humanity-Health-icon.jpg" width="100" height="130" class="align-left"><a href="https://humanityhealth.net/" target="_blank" title="Humanity Health homepage">Humanity Health</a></span></h2> <p>The company offers a career acceleration and talent-sourcing platform for underrepresented leaders in health care and life sciences. It recently raised $6 million in series A funding from Jumpstart Nova, a firm in which the AHA has invested, with follow-up participation from Deerfield Management. The company is committed to including greater representation of females, Blacks, Indigenous people, and people of color in leadership and aims to drive more inclusive and equitable institutional priorities, said Ronald Mitchell, CEO and co-founder. The Humanity Talent Network is a private membership community for senior health care leaders who are women and/or people of color and provides resources to help leaders prepare for their next career moves, navigate new career opportunities and flourish not only in current roles but also in recent career transitions.</p> <h3>Transformative Potential</h3> <p>This platform addresses many critical factors required to increase C-suite diversity while providing needed resources to help build the pipeline of aspiring future health care leaders.</p> <h2><span><img alt="Iris Telehealth. A brain icon." data-entity-type="file" data-entity-uuid="9f60a0a5-8df6-4e48-b396-de04b50c31f5" src="/sites/default/files/inline-images/Iris-Telehealth-icon.jpg" width="100" height="130" class="align-left"><a href="https://iristelehealth.com/" target="_blank" title="Iris Health homepage">Iris Telehealth</a></span></h2> <p>Addressing the ubiquitous problem of how to increase access to behavioral health services, the company helps health systems provide the care their communities need. Iris employs 300 psychiatrists, licensed social workers and other professionals to support hospitals and health systems, Federally Qualified Health Centers and community mental health centers, noted Dan Ferris, chief marketing officer. Currently, the company helps hospitals and health systems in providing ambulatory and acute care services, including consulting for emergency departments. This year Iris is piloting referral services and next year plans to launch payer-provider programs such as seven- and 30-day patient follow-ups.</p> <h3>Transformative Potential</h3> <p>With the company’s build-out vision, this telehealth platform can help hospitals and health systems provide greater access to behavioral health services.</p> <h2><span><img alt="Loyal Health. A hand tapping on a mobile phone icon." data-entity-type="file" data-entity-uuid="0e034197-0319-4838-ad96-a3679054405a" src="/sites/default/files/inline-images/Loyal-Health-icon.jpg" width="100" height="130" class="align-left"><a href="https://loyalhealth.com/" target="_blank" title="Loyal Health homepage">Loyal Health</a></span></h2> <p>The company’s multiexperience platform consolidates fragmented data and provides a centralized user interface and machine-enabled toolkit to shepherd patients efficiently through their care and improve their experience. Loyal Health raised $12.5 million in Series A funding late in 2020 in a round led by Concord Health Partners, which partnered with the AHA Innovation Development Fund. Loyal’s online directories help patients research the right kinds of care, schedule appointments, stay informed, prepare for their appointments and receive billing support and other services after their appointments, explained Brian Gresh, president.</p> <h3>Transformative Potential</h3> <p>Many patients continue to have difficulty navigating the health care system. This platform provides tools to help create a better patient experience.</p> <h2><span><img alt="Moving Analytics. A heart icon." data-entity-type="file" data-entity-uuid="d84788ef-9cab-4b06-a3bf-8973f625b1f8" src="/sites/default/files/inline-images/Moving-Analytics-icon.jpg" width="100" height="130" class="align-left"><a href="https://www.movinganalytics.com/" target="_blank" title="Moving Analytics homepage">Moving Analytics</a></span></h2> <p>Determined to improve the cardiac rehabilitation system, the company has created a virtual rehab program accessible through a mobile app. The company’s Movn app provides real-time exercise tracking, reminders, electrocardiogram monitoring, mindfulness and breathing exercises to help patients with their rehab. The program has been used by thousands of patients to improve their cardiovascular health, avoid second heart attacks and improve their quality of life, said Ade Adesanya, president and co-founder.</p> <h3>Transformative Potential</h3> <p>With a national provider network and a multidisciplinary team of cardiologists, nurses, nutritionists and exercise physiologists, this organization holds promise for reshaping care delivery and helping patients adopt healthier lifestyles.</p> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 26 Jul 2022 06:15:00 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2022-05-31-aha-innovation-dialogue-explores-efforts <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="AHA Innovation Dialogue Explores Efforts to Improve Women’s Health, Equity. A female clinician speaks with a Black woman about her health. The two are surrounded by images from healthcare: birth-control pills and other medications; a fertilized egg, a microscope, test tubes in a laboratory, an IVF fertilized egg, a pregnancy test, a blood sample." data-entity-type="file" data-entity-uuid="64214156-72ae-4fb2-941f-b5ac9919f576" src="/sites/default/files/inline-images/AHA-Innovation-Dialogue-Explores-Efforts-to-Improve-Womens-Health-Equity.jpg" width="620" height="381"></p> <p>As venture funds go, <a href="https://steelskyventures.com/" target="_blank" title="SteelSky Ventures homepage">SteelSky Ventures</a> may be small, but it hopes to make a big impact. The fund, which has raised about $82 million, invests in early-stage startups focused on improving women’s health outcomes. Part of SteelSky’s mission is looking for companies that address gender and racial equality and geographic diversity within the Medicaid population.</p> <p>SteelSky is among a growing number of health-equity funds trying to give greater opportunity to female and racially diverse entrepreneurs focused on developing solutions for health care providers. The AHA, Henry Ford Health, MultiCare Health System and others have provided early financing for the fund.</p> <p>In a new <a href="https://www.youtube.com/watch?v=UoAk3FeFp7c" target="_blank" title="YouTube Innovation Dialogue: Women’s Health video">AHA Innovation Dialogue</a>, AHA Maternal and Child Health Council Chair Lara Khouri, executive vice president and chief strategy and transformation officer at Children’s Hospital Los Angeles, talks with SteelSky Ventures Founding Partner Maria Velissaris about where the fund is headed.</p> <p>Velissaris says SteelSky ultimately views itself as a solution provider for hospitals and health systems, payers and women across the globe. The fund also is a conduit to innovative and historically underrepresented entrepreneurs, sharing information from provider organizations and pharmaceutical companies to help startups respond to their future customers’ needs.</p> <p>The video also illustrates why women’s and children’s health share a common reality when comes to innovation. Both tend to be underrepresented in research and development funding.</p> <p>Khouri provides an update on Children’s Hospital Los Angeles’ participation in the <a href="https://www.chla.org/press-release/kidsx-the-largest-pediatric-focused-digital-health-accelerator-the-world-selects-13" target="_blank" title="Children's Hospital Los Angeles: KidsX, the Largest Pediatric-Focused Digital Health Accelerator in the World, Selects 13 Startups for Inaugural Cohort">KidsX accelerator</a>, an international consortium focused on improving digital health innovation through collaboration. Among the technologies the Children’s Hospital Los Angeles accelerator supports are:</p> <ul> <li><strong>Voice biomarkers</strong> to screen for depression in children while providers are talking with them and their families.</li> <li><strong>Digital therapeutics</strong> that can trace depression through app-based cognitive behavioral therapy.</li> <li><strong>Systems to improve screening diagnosis and treatment</strong> of behavioral and mental health conditions.</li> </ul> <p>Khouri also shares insights on a virtual autism assessment program begun through her hospital’s office of virtual care.</p> <hr></div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 31 May 2022 08:33:11 -0500 Health Care Startups /aha-center-health-innovation-market-scan/2022-03-29-aha-makes-second-round-investments-health <div class="container"> <div class="row"> <div class="col-md-8"> <p><img alt="AHA Makes Second Round of Investments in Health-Equity Startup Funds. A black businessman holding a briefcase with a rocket pack on his back flies up in the air amid some clouds." data-entity-type="file" data-entity-uuid="0aa0d088-17e4-4932-a7ee-0ba7c5b01f00" src="/sites/default/files/inline-images/AHA-Makes-Second-Round-of-Investments-in-Health-Equity-Startup-Funds.jpg" width="620" height="381"></p> <p>Demonstrating its commitment to providing early financing for investment funds run by leaders focused on improving health care access, quality and affordability, the AHA recently provided a second round of funding for startups led by women and people from racial and ethnic minorities.</p> <p>The AHA selected the funds because they finance historically marginalized entrepreneurs who have limited access to the capital needed to develop innovative health care solutions.</p> <h2><span>|</span> <span>SteelSky Ventures</span> <span>|</span></h2> <p><a href="https://steelskyventures.com/" target="_blank" title="SteelSky Ventures homepage">SteelSky Ventures</a>, one of the funds receiving AHA support, is a female-led venture capital firm focused on companies working to improve health outcomes for women. The types of companies the fund invests in include medical devices, consumer health, digital health, new health care delivery models, e-pharmacy and retail therapeutics. The AHA is joined by Henry Ford Health System, MultiCare and several other health care companies among the fund’s investors and strategic partners.</p> <p>“SteelSky Ventures is making critical investments in women’s health with an eye for innovation in the delivery of care,” said Rick Pollack, AHA president and CEO. “The AHA is excited about how this fund can positively affect the double-bottom line of financial and social impact.”</p> <h2><span>|</span> <span>Jumpstart Nova</span> <span>|</span></h2> <p>In January, the AHA announced its <a href="/news/headline/2022-01-12-aha-others-are-health-care-investors-first-venture-fund-invest-exclusively" target="_blank" title="���������� Association: AHA, others are health care investors in first venture fund to invest exclusively in Black-founded and -led health care companies">partnership and investment</a> in <a href="https://jumpstartnova.com/" target="_blank" title="Jumpstart Nova homepage">Jumpstart Nova</a>, a fund that will invest exclusively in Black-founded and -led health care companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness sectors.</p> <p>The Jumpstart Nova portfolio companies within the fund will be startups focused on communities facing disparities in health outcomes. The AHA is joined by HCA Healthcare, Atrium Health, Henry Ford Health System and LHC Group among the fund’s investors and strategic partners.</p> </div> <div class="col-md-4"> <p><a href="/center" title="Visit the AHA Center for Health Innovation landing page."><img alt="AHA Center for Health Innovation logo" data-entity- data-entity-uuid="7ade6b12-de98-4d0b-965f-a7c99d9463c5" src="/sites/default/files/inline-images/logo-aha-innovation-center-color-sm.jpg" type="file" class="align-center"></a></p> <a href="/center/form/innovation-subscription"><img alt data-entity-type data-entity-uuid src="/sites/default/files/2019-04/Market_Scan_Call_Out_360x300.png"></a></div> </div> </div> .field_featured_image { position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } .featured-image{ position: absolute; overflow: hidden; clip: rect(0 0 0 0); height: 1px; width: 1px; margin: -1px; padding: 0; border: 0; } Tue, 29 Mar 2022 06:00:00 -0500 Health Care Startups