The slow yet steady growth of the healthcare information technology has opened up a big new market for healthcare startups. With potential new players peeking into the market and the plethora of possibilities for technological advances are also encouraging a strong inflow of venture funding. There may well be an app for everything related to healthcare soon, given that most patients are looking at quick, easily-accessible mobile solutions for every health-related concern.
Healthcare information technology as a blazing field is opening up opportunities for research in use of technology to change the approach from traditional to modern and more efficient healthcare practices. A few trend-setting startups are working on bridging the gap between healthcare services and technology to create better healthcare experiences.
- BioBots is a trailblazing invention that has built the most accessible and low-cost 3D Desktop bio printer that allows high resolution printing of a variety of living tissues. It has been touted as the future of regenerative medicine!
- Bloodbuy is a Dallas, Texas based startup that has built a patent pending technology that connects hospitals and blood banks across the US. It is an advantageous technology for both hospitals and blood banks; hospitals have easy access to a wide base of blood banks and blood banks have a wider reach to hospitals across states.
- Doctor.com is a simple and neatly designed physician marketing and reputation management tool that connects patients, physicians and healthcare enterprise data management tools. It allows patients to find the right doctor, book an appointment and provide feedback. Physicians can widen their reach beyond traditional service provider approaches and easily track their scheduled appointments.
- Ginger.io is a tool that uses a smart app to connect patients, who may need help to improve their mental health, with care providers. With more potential mental health patients, given the stressful environments many of us work in, this is an accessible tool that could avert many casualties resulting from severe mental health issues. The key here is to first accept the existence of a problem.
- goBalto is a cloud-based tool that accelerates the running of clinical trials by creating a seamless communication channel between clinical research organizations and sponsors. It helps manage documents related to trials, their real-time collaboration and sharing between the parties involved in trials, thus keeping them informed of the status of the study.
- neurotrack is a developing cloud-based tool that aims to ‘stop the clock’ on Alzheimer’s disease. It is based on the need for early detection to treat Alzheimer’s as a progressive disease that causes degenerative memory and a deep hole in the pocket. According to their website, neurotrack’s easily-administered non-invasive test has demonstrated predictive accuracy in detecting Alzheimer’s at early stages before significant neurological changes occur.
- PillPack is a boon for patients on repetitive dosage of prescribed medicines. It is a full service pharmacy that delivers the patient’s medicines every two weeks, organized in individual packs by date and time they should be taken. PillPack’s pharmacists collaborate with the patient’s doctor to manage his/her refills and are available over phone or email for round-the-clock support.
- Simplee is transforming patient financial management by helping them manage their out-of-pocket healthcare costs. The platform keeps track of a patient’s healthcare account balance, the amount spent on healthcare, status of healthcare insurance and possible errors in bill, thus helping patients effectively manage their finances.
- Doximity, the LinkedIn for physicians, is an online platform that allows physicians to consult with peers who might have experience in solving complex cases. While at it, physicians can also make some money as the platform also connects them with market research firms that may require expert input for their studies on potential areas for technological advancements in healthcare.
- Ekso Bionics a California- based company has taken technological advancements in healthcare to another level by designing robotic exoskeletons (wearable robots) that allows paralysed people to walk by replicating muscle actions.
There are other startups researching and working on advancements in healthcare technology to enable smarter data handling, making healthcare practitioners accessible to patients, tackling errors and complexities related to processing services, improving treatment delivery and providing effective rehabilitation and yet others that allow monitoring data to play according to HIPAA compliances. All these startups are changing the face of healthcare as we know it!