Home Blueprint Health Adds Eight New Digital Health Startups to Its 2015 Summer Accelerator Cohort

Blueprint Health Adds Eight New Digital Health Startups to Its 2015 Summer Accelerator Cohort

Jul 17, 2015 14:25 CST Updated 14:25

Blueprint Health, a New York-based healthcare technology innovation accelerator and a member of TechStars’ Global Accelerator Network, recently announced the eight digital health startups selected for its eighth summer 2015 accelerator cohort. With the addition of these eight companies, Blueprint has expanded its portfolio to include 68 companies and more than 140 entrepreneurs. To date, 87% of Blueprint’s portfolio companies remain operational, with 85% generating revenue. Blueprint also boasts the largest mentor network in the digital health sector, with nearly 200 senior executives serving as mentors to provide guidance and support to its startups. Without further delay, VCBeat presents an introduction to these eight newly added companies, offering insights into their business focuses and innovative features.

Bind Health – Make Informed Decisions on Prenatal Genetic Testing

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Bind Health aims to help expectant parents avoid common pitfalls in genetic testing during pregnancy. It assists them in making informed decisions about genetic testing and provides genetic counseling services for families requiring personalized advice. By guiding clients through five steps—“learning, deciding, choosing, testing, and interpreting results”—Bind Health ensures users receive professional counseling both before and after genetic testing. Bind Health charges $100 per client per session.

Crediyo - Making Healthcare Affordable

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Crediyo is dedicated to helping healthcare organizations reduce patient payment write-offs and improve cash flow. With the rise of high-deductible health plans, patient balances have increased by 15–20% compared to the same period last year. Crediyo helps medical practices determine patients’ financial responsibilities and provides loans to patients to cover costly medical procedures.

Ekovia – Nurse Talent Discovery Platform

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Ekovia initially focused on identifying high-quality nursing professionals, dedicated to helping hospitals recruit top talent. By monitoring online data sources, Ekovia identifies the best candidates for positions and assesses their interest in new opportunities. Hospitals use its nurse talent sourcing platform at a rate of $1,000 per customer per month. Currently, in Manhattan alone, Ekovia is tracking more than 17,000 hospital employees.

Get Compliant – Building a Comprehensive HIPAA-Compliant Service Platform for Healthcare Practices

HIPAA mandates that healthcare providers document patients’ preferences regarding the disclosure of their medical information and retain records of all such disclosures. Most healthcare practices are either non-compliant with the Act or consume significant time managing paper forms. Get Compliant enables healthcare organizations to easily meet critical HIPAA requirements by facilitating the collection and maintenance of patients’ disclosure preferences. It also monitors copy-and-paste activities in staff web browsers to detect and prevent inappropriate dissemination of patient information. When insecure content posting is detected, Get Compliant provides HIPAA-compliant recommendations for information transmission based on the patient’s own preferences.

MedPilot – Streamlining Financial Processes

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High-deductible health plans have caused patients’ out-of-pocket costs to skyrocket, forcing healthcare providers to collect substantial amounts directly from patients. Traditional debt collection methods reduce patient satisfaction and compromise treatment outcomes. MedPilot contracts with healthcare providers to help patients resolve their billing issues before they are handed over to debt collectors. Through its patient navigation platform and network, MedPilot enables providers to secure payments smoothly by offering patients bill discounts, customizable payment plans, and patient advocacy services. This approach reduces revenue cycle leakage, increases self-pay collections, improves patient satisfaction, and frees up hospital staff time to focus on collecting insurance reimbursements.

Oculus Health – A CCM Platform Connecting Healthcare Providers and Patients

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Oculus Health helps medical practices deliver chronic care management beyond the outpatient setting, strengthening connections between patients and providers. By leveraging the Oculus Health platform, providers can bill for services using the new Chronic Care Management CPT code 99490. The Oculus platform provides physicians with an off-site team of healthcare professionals and assistants who deliver chronic care management services in accordance with each patient’s care plan. To date, Oculus Health has enrolled 200 patients from its two client organizations.

Psocratic - Enhance Physical Fitness and Boost Productivity

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Psocratic helps businesses and academic institutions enhance the productivity of their staff and students. Corporate HR departments and universities are increasingly concerned about the stress faced by their employees and students, and the resulting impact on work efficiency. Psocratic identifies employees or students struggling with work-related or personal life stress and provides them with training exercises in time management, work efficiency, and resilience to help them overcome stress. It also offers comprehensive assessments of the mental health and resilience of an organization’s members.

TrackER – A Smartphone App for Preventing Hospital Readmissions

Before the advent of TrackER, hospitals had exhausted all available measures to prevent readmissions. This is because current regulations impose penalties on hospitals that accept patients with certain types of readmissions. According to estimates by the Centers for Medicare & Medicaid Services (CMS), preventable readmissions result in annual losses of up to $17 billion. TrackER utilizes a simple smartphone app that patients are asked to download onto their phones upon discharge. Within 90 days after discharge, the app notifies the hospital if the patient visits an emergency department. TrackER does not require integration with electronic health records (EHRs), making its implementation exceptionally straightforward. Currently, TrackER is engaged in technical pilot discussions with Massachusetts General Hospital (MGH).

Early Review:

Blueprint Health Adds 7 Startups

7 New Members of the Startup Accelerator Blueprint Health

Compiled by Chen Xin | Edited by Mo Renying