Week in Review: Technology and Healthcare Convergence Seeds New Partnerships
The same technologies driving Enterprise 3.0 have also been revolutionizing health management. This convergence of technology and healthcare has built up momentum recently through new partnerships precipitated by incubators, acquisitions, as well as industry- and private equity-sponsored conferences.
Startup Health Academy, an incubator and accelerator for healthcare entrepreneurs, recently announced its inaugural class, and Medivo CEO Sundeep Bhan was included in this prestigious group. Startup Health Academy is a new way to support entrepreneurs developing new technologies that are reducing health costs and improving patient care.
Medivo is also pursuing that goal through its acquisition of WellApps, which creates mobile apps for monitoring symptoms of intestinal illnesses. In a recent story, Xconomy called the acquisition another step toward Medivo’s goal of creating a comprehensive physician dashboard detailing patients’ latest symptoms.
The convergence of tech and life sciences has sparked MedCity News to host a summit on July 10th in Philadelphia, aptly named Converge. This one-day summit will further explore the implications and potential of innovations in healthcare. According to MedCity’s press release, the driving force behind this conference is as follows: “Data, technology and traditional healthcare have collided in a way that will change the medical industry forever. This is an era of change but also innovation: a new generation of entrepreneurs is coming from the tech sector to contribute to the medical industry, while at the same time progressive-minded leaders in hospitals, pharma, medtech and beyond are finding new problems to solve and new directions to chart for their sectors.”
In other partner company news:
- Becker’s ASC Review recently noted AdvantEdge Healthcare Solutions’ $40 million in revenue for 2011—a 40 percent jump over 2010.
- The Richmond Times-Dispatch featured Crimson Informatics in a story describing their efforts to implement usage-based car insurance by collecting data on driving habits.
- Lumesis joined forces with Investortools to offer fixed-income professionals further insight into the health of their current and potential portfolios.
- Erich Wasserman, Co-founder and General Manager, EMEA of MediaMath sheds light on the MediaMath Open partner certification program over at ExchangeWire. Wasserman also recently contributed an article to AdMonster, titled “Consolidation and the Future of Digital Display Advertising.”
- Baltimore Business Journal’s profile of NovaSom highlighted its recent accomplishments in fighting obstructive sleep apnea.
- NuPathe announced its fourth quarter and full year 2011 results and held a conference call for the investment community this past Tuesday.
- Putney CEO Jean Hoffman was named one of MaineBiz’s 2012 Business Leaders of the Year. An accompanying video takes viewers inside Putney’s Maine office to speak with Hoffman and veterinarian John Flood.
- Swap.com partnered with Yoplait Light to encourage swapping – from products on Swap.com to nutrition and fitness habits.
To read more of our Week in Review series, please use the following feed: www.safeguard.com/WeekInReview. Enjoy your weekend!
This post was written by John E. Shave III