The three startups focus on improving the patient experience; with coordinating care; and with aiding the decisions made by doctors. The three startups are among ten that form part of the current Cedars-Sinai program. The current round represents the third Cedars-Sinai healthtech Techstars accelerator class.
The ten companies selected for the Cedars-Sinai Accelerator Powered by Techstars have undergone an intensive, three-month program that provides financial backing, training and exposure to a global entrepreneurial network. The aim, as the LA Times reports, is to enable the companies to bring their ideas and solutions to the healthcare marketplace more quickly. The companies receive an initial investment of $120,000.
Three of the startups picked out by Cedars-Sinai demonstrate the particularly social value of the program.
NarrativeDx
The first is NarrativeDx, which has developed a patient experience management tool. The software enables facilities to better understand and respond to feedback and concerns from patients. This is through collecting comments from focus groups, discharge surveys and social media channels. Also included in the data grab are doctor review sites.
GYANT
Second is GYANT, which is an artificial intelligence bot. The software deploys text messaging and voice-enabled technology. This is used to connect with patients and ask about symptoms within a chat setting. The responses are used by the artificial intelligence to help identify probable causes of particular conditions.
Lumeon
Third is the startup Lumeon’s automated care pathways. These enable providers to establish protocols that ensure that patients receive the right level of follow-up care based on advice received and procedures that have been administered. The aim is to give physicians information needed to provide effective health outcomes at a lower rate.
The three startups show the openings within the healthcare technology sector for technology entrepreneurs and new businesses.
Commenting on these new entrants into the digital health arena, Darren Dworkin, who is the chief information officer at Cedars-Sinai, said: “The innovations these companies bring to the accelerator have the potential to dramatically improve and streamline the delivery of healthcare. Through this program, these companies will test and improve their ideas. By working with world-class physicians, they will advance their technologies and push their companies to the next level.”
