Inaugural Class Graduates from the New York Digital Health Accelerator
The New York Digital Health Accelerator showcased its eight member inaugural class recently. The demo day featured growth-stage healthcare tech companies developing technology solutions in care coordination, patient engagement, analytics, and message alerts for healthcare providers.
NYDHA launched in September 2012 and, with an investment of $4.2 million, is largest-funded accelerator program in the country. 250 applicants from across the U.S. and 10 countries applied to the 9-month program, which provides each of the companies with high-caliber mentors, including senior-level executives from 23 of New York State’s leading healthcare organizations; world class investors and executives from the health insurance, pharma, and health IT entrepreneurial sectors. The participating healthcare providers also facilitated 17 pilots at their organizations.
David Whitlinger, executive director of The New York eHealth Collaborative, said, “these eight organizations are the first software development companies to have direct access to develop on the Statewide Health Information Network of New York.”
The inaugural class included:
Co-founded by Zach Silverzweig and Alex Hejnosz., CipherHealth follows up with patients over mobile technologies to make sure they are following discharge instructions, which helps hospitals reduce preventable readmission.
Founded by Raj Lakhanpal, MD., Spectra MD’s analytics platform offers real time data integration, analytics and reporting solutions for healthcare organizations to track key performance indicators in financial, operational, clinical, utilization and satisfaction domains.
Founded by Joseph Mayer, MD, and Alex Khomenka, Cureatr provides a messaging system that integrates with existing directory, scheduling and paging systems to improve communication and coordination of care among providers.
Founded by Eyal Ephrat, MD, and Sonia Ben-Yehuda, MedCPU reads and analyzes notes written by physicians in EMRs and reads structured EMR entries to alerts to alerts physicians of any deviations from clinical best practice protocols.
Founded by Dave Chase and Bassam Saliba, Avado partners with healthcare businesses to provide a platform that allows clinicians and patients to securely communicate, track, and manage health information.
Founded by Patricia Meisner and Anne Marie Biernacki, ActualMeds’ software supports team-based medication management and reconciliation for high risk patients taking multiple drugs to reduce their drug related hospitalization and readmissions.
Founded by Russ Graney, Aiden helps patients make the right choice of post acute care providers by providing them with rating and reviews on local rehab centers and nursing homes.
Since the company, which developed a care coordination platform, was acquired by Remedy Partners in Feburary, they did not present during NYDHA’s demo day.
The NYDHA’s 9 month program provided mentorship from senior-level executives from twenty-three New York State healthcare provider organizations, including Mt.Sinai Medical Center, North Shore LIJ Health System, and NYU Langone Medical Center.