Weekly Recap 3/15/13

3-14-2013 11-23-58 PM

South By South West Interactive was held this week in Austin, TX  and mobile health was a major presence in the Startup Village and Accelerator space. The event included presentations, round table discussions, lectures, and a demo hall focused on innovative technologies. In addition, More than 500 companies applied to present as part of the SXSW accelerator competition. Of those, eight finalists were chosen to participate in the a two day health app demo showdown, including:

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Rock Health startup Care at Hand presents their mobile platform for home health aides which aims to empower underutilized aides to become high-touch, low-cost extenders of the health system.

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TechStars startup Careport Health delivers a multidisciplinary tool aimed at simplifying coordination of post-acute care for patients, clinicians, case managers, and health systems.

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Docphin helps physicians personalizes medical news and research on a single mobile platform. The app monitors hundreds of medical journals and pushes relevant scholarly articles to physicians based on their specialty and interests.

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Neurotrack’s technology can diagnose the onset of Alzheimer’s Disease three to four years before symptoms occur. The program evaluates patients’ eye movement and the time spent looking at the familiar and novel images and then generates a score which acts as a diagnostic indicator for physicians.

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TedCas develops Natural User Interfaces (NUIs) based on voice commands and gestures specifically for Medical Doctors, allowing them to interact with medical software without physical contact.

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Spot On Sciences develops innovative medical devices that enable self-collection of blood samples by anyone at anytime and anywhere.

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INRFOOD (pronounced In-Our-Food) is a platform that personalizes nutrition information and assesses, alerts, and advises users on its affects.

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Home Team Therapy uses online video and video games to help physical therapy patients get better fast.

The health sector was represented by some amazing startups, but in the end Neurotrack won taking a $6,000 first place prize along with more than $20,000 in services and, of course, bragging rights. In addition to the competition, a wealth of mHealth seminars and round tables were held.

Basis Activity Tracker Raises $11.5 Million in Series B Round

Just four months after releasing the company’s long-awaited flagship activity tracker, Basis raises $11.5 million in a Series B round that was led by Mayfield Fund and included contributions from the startup’s existing investors, DCM and Norwest Venture Partners. The added capital brings its total investment to just over $20 million.

In addition, Basis has announced the addition of American physician and health guru Deepak Chopra and health tech investor Esther Dyson to its advisory board.

3-14-2013 11-06-37 PM

Seattle-based Appature, a cloud-based marketing service that likens itself to the salesforce.com of marketing, is acquired by IMS Health, a health data distributor that helps define effective target markets within a population. The goal is to deliver an end-to-end marketing campaign tool to help hospitals increase brand awareness and manage patient engagement. Details of the deal were not disclosed, but rumors place the sale price north of $100 million.

3-14-2013 11-12-32 PM

athenahealth completes its $293 million acquisition of Epocrates and will begin working collectively to redesign its physician tool sets.

HIMSS Moves Into the Health Accelerator Space

Among the news following HIMSS13, one interesting development was the partnering of the soon-to-be-launched health accelerator Avia with HIMSS. Chicago-based Avia aims to accelerate startups, not through the traditional route of funding and mentoring, but rather by filling a role similar to a strategic consulting agency.

Details on their website are far and few between, but it appears that they plan to work directly for health organizations as consultants assessing their needs, helping them select and implement solutions, and bring it to scale. The difference is that they will look exclusively at early stage startups in their in their vendor selections, and then will fund and guide the startups as needed to handle the rapid growth. Interesting concept.

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Cloud-based ambulatory EHR vendor CareCloud will open an office in Boston joining athenahealth, eClinicalWorks, and a host of others in a growing EHR epicenter.

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A recently released study titled Digital Impact On Customer Experience explores the relationship technology has played on the patient experience, as well as sheds some interesting light on the physician perspective.

Notable findings include:

  • 74 percent of respondents report that they would be comfortable communicating with doctors using technology instead of seeing them in person.
  • 80 percent of North American respondents are comfortable submitting a complete medical history and diagnostic information online.
  • Most consumers are comfortable with having all of their health records securely available on the cloud.

research2guidance has released a report suggesting that by 2017 the mHealth app market will top $26 billion, up from a global $1.2 billion market valuation for 2012. To achieve those results, the mHealth marketplace would need to see 85 percent growth every year for the next five years.

3-14-2013 11-18-03 PM

Voalte announces major changes to the executive team as founder and VP of Innovation Trey Lauderdale takes on the role of President. In addition, Phil Fibiger (Canonical) joins as VP of Engineering, Bob Peterfield (Capsule Tech) joins as VP of Product and Alliance Management, Frank Watts moves up from Sales Consultant to VP of Sales and Marketing, and Don Fletcher (Google) joins as Chief Architect.

St. Joseph Mercy Oakland (MI) implements the latest version of Voalte’s iPhone for clinical communication.

Kathleed Sebelius, Secretary of Health and Human Services, has entered the Twittersphere, welcome!

3-14-2013 11-03-30 PM

Ex-Allscripts CEO Greg Tullman discusses his next venture, suggesting he and former Allscripts colleague Lee Shapiro will target mHealth.

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Humetrix has been invited to attend the NHS Innovation Expo 2013 in London to demonstrate the iBlueButton app.

Congress to Discuss FDA Regulation of mHealth Apps

Next week, members of the House Energy and Commerce committee will discuss how the FDA should approach regulation of medical apps. The meetings, which will span three days, will specifically look at how regulation affects patients, physicians, and developers.

Travis covers his week at HIMSS13 after spending some time down in the bayou of Louisiana with the family. His write up includes some can’t miss perspective on the state and future of the HIT as seen through the eyes of a tech-savvy provider.

It was out of the frying pan and into the fire for those working the conference circuit this month, as HIMSS closed out and SXSW kicked off. If you are a health startup founder pulling back to back travel weeks, I sympathize.

If you’re at the show, either the SXSW Innovation show or the SXSW Music show,  check in and let me know what was worth seeing and what I should be checking out. If anyone got a chance to swing by the TedCas booth, I’d love to know if their product seems like a viable user interface for doctors. Thanks for reading. If you like what we’re doing, consider signing up for update alerts. – Lt. Dan


Sponsor Updates

  • Trinity Health implements White Plume’s ePASS to optimize charge capture
  • Belinda Hayes, VP/GM Mobile Products at Imprivata interviews with HIStalk

Contacts

Lt. Dan, Dr. Travis, Mr. H, Inga, Dr. Jayne.

More news: HIStalk, HIStalk Practice.

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