Triangle-Area Startups Featured at Health Care Innovation Conference
An exciting group of startups innovating in health care pitched as part of the April 27 event, “Aligning Health Care Innovation in North Carolina: Health Systems, Payers, Innovators, and the Quintuple Aim.”
Hosted by the North Carolina Biotechnology Center, in collaboration with the University of North Carolina at Chapel Hill, Duke University and North Carolina State University, the conference brought together promising startups from the Triangle, health systems, payers and investors. The event was designed to help all stakeholders – including startups, service providers, health systems, payer organizations and investors – understand how to work together in a way that positively impacts health care.
As we move toward a value-based health care system that prioritizes patient health outcomes and whole person health, it’s crucial for startup companies in the health care industry to stay informed about the strategic priorities of health systems and payers. “By understanding these key areas, startups can ensure they are developing solutions that not only improve care delivery and patient outcome but also align with the broader goals of these organizations,” said Greta Brunet, senior director of investments with the Emerging Company Development team at NCBiotech. “In other words, staying informed isn’t just good business sense – it’s essential for driving meaningful change in health care. This conference helped bridge that information gap. We hope companies developing new health care related technologies better understand how to position themselves to provide meaningful solutions.”
The conference included a health system strategies panel moderated by Elizabeth Cuervo Tilson, M.D., MPH, state health director and chief medical officer for the North Carolina Department of Health and Human Services. A payer panel moderated by Marion Couch, M.D., Ph.D., MBA, CEO of IntoValue Group and adjunct professor at Duke University School of Medicine followed. Read more about the panelists here.
The event also featured pitches from an exciting group of innovative health care startup companies curated by the event hosts to target areas identified by health systems and payers. Investors also shared their top areas of interest in health care and life sciences during a reverse investor pitch session, which was followed by a networking reception.
The startups pitching at the event included:
A LaRue Company, LLC has developed a medical device for safely and effectively removing ruptured silicone breast implants.
Assure Technologies, LLC has technology that aims to reduce preventable IV medication errors to make all patient care safer and more efficient.
CareDirections, Inc. has developed StrokeCP, a digital health platform that helps providers streamline the identification of patients pre-discharge, use condition specific logic-based algorithms to assess functional and social determinants of health, and automatically generate personalized care plans.
Couplet Care, LLC designed a postnatal unit medical infant bassinet to reduce infant falls, infant suffocations, maternal pain, nurse workload in non-medical activities and risk for hospitals.
Heads Together Health has a concussion management technology that captures, analyzes and presents key data that supports concussion assessment and recovery outcomes.
Mente, Inc. developed technology to capture how surgery is performed by tracking surgical instrument use. This data can be used to enable predictability, drive efficiency and increase safety in the operating room.
mPATH has an automated, cloud-based program that identifies individuals who are overdue for screening, educates them about their options and connects them with needed care.
PhotoCide, Inc. develops light-activated self-disinfecting materials such as fabrics, plastics, and coatings with broad spectrum activity against bacteria, viruses and fungi.
Seneca Devices, Inc. is commercializing the EasyShift Repositioning System for in-bed boosting and turning of dependent patients in acute, long-term and home care.
VitalFlo, Inc.’s mobile pulmonary function testing platform makes respiratory care more continuous across the health system by enabling testing in the clinic and at home.