Blue Cross Blue Shield, Healthbox partner to support innovative health care startups
Blue Cross Blue Shield of Massachusetts and Healthbox, a company that supports early-stage health care innovation and entrepreneurship, announced Monday that they are leading a partnership to accelerate the businesses of ten Massachusetts-based health care companies. The companies are addressing issues that include patient engagement, provider effectiveness, and wellness.
Each of the ten companies selected will receive $50,000 in seed capital, access to a mentor network of industry experts including Blue Cross employees, strategic guidance, and collaborative workspace.
Four of the companies selected are focused on patient engagement. Aavya Health is developing software that presents patient lab results in an understandable and actionable format. Abiogenix will improve medical adherence by giving patients an intelligent pillbox that reminds, records and restricts when patients take their medication. GeckoCap will monitor pediatric asthma adherence by tracking information, providing reminders and linking to incentives. Uprise Medical is developing interactive multi-media software to help physicians educate patients about their condition.
Four companies are trying to improve provider effectiveness. iQuartric developed a technology platform that aggregates real-time EMR data from across multiple clinical care settings. Gweepi Medical is creating an intelligent moisture-sensor for long-term care facilities. Smart Scheduling developed software that solves primary care no-show rates and over-booking by building smarter schedules based on predictive-modeling techniques. Yosko created a user-friendly graphic interface for electronic health records that provides physicians with on-the-go access to patient records.
Two companies are attempting to empower consumers to be more conscious of their eating habits and health choices. Bon’App provides easy-to-understand nutrition information and tracks eating patterns via a mobile app. Healthy Delivery offers healthy meals and corresponding groceries for home delivery.
The program launches this month and will conclude with a conference in November where each participant will pitch their company to an audience of investors and health care leaders from across the country.D.C. Denison can be reached at email@example.com.