Startups woo investors at Healthcare Innovation Day in Boston

Nine startups pitched their healthcare ideas to industry executives and investors at the second annual Healthcare Innovation Day in Boston on June 18.

The Innovation Day, sponsored by Healthbox and Blue Cross Blue Shield of Massachusetts, followed four months of training to help entrepreneurs launch their businesses by teaching them how to build industry knowledge, improve value propositions and refine business models, according to a press release on the event.

The healthcare innovators also gained exposure to partnership opportunities with a network of more than 250 industry stakeholders. So far, the class has released 28 pilots and developed early partnerships in Massachusetts and elsewhere in the United States.

“The success of Healthbox’s portfolio companies hinges on their ability to gain market traction and attract paying customers. We are committed to their success and will continue to support their growth,” said Nina Nashif, founder and CEO of Healthbox.

The following nine companies were slated to present at the event:

  • Healthbox company, TheraVid, developed a patient management platform for injury rehabilitation
  • Healthbox company, Caring in Place, offers a technology platform for family caregivers that incorporates education, connectivity and care coordination tools.
  • 3Derm Systems is a skin imaging system that allows non-dermatologists to take clinical-quality 3D skin images remotely
  • Casagem builds mobile data collection tools for homecare professionals
  • Epion Health provides an interactive, cloud-based service to enhance patient engagement, increase revenue and improve patient outcomes, beginning with a digital check-in process
  • Operating Analytics improves hospital and surgical center profitability through the use of predictive data analytics
  • Lean Wagon provides online group health coaching for employees, with a focus on weight loss and healthy habit development
  • MyProxy, now TrueNorth, is a two-sided, cloud-based healthcare IT platform for patients to record end-of-life care wishes and for providers to access those wishes when appropriate
  • Sensing Strip’s device integrates sensors, thin-film electronics and low-power wireless with kinesiology tape.

For more information on the Healthcare Innovation Day, go here.

 

 

Around the web

CMS finalized a significant policy change when it increased the Medicare payments hospitals receive for performing CCTA exams. What, exactly, does the update mean for cardiologists, billing specialists and other hospital employees?

Stryker, a global medtech company based out of Michigan, has kicked off 2025 with a bit of excitement. The company says Inari’s peripheral vascular portfolio is highly complementary to its own neurovascular portfolio.

RBMA President Peter Moffatt discusses declining reimbursement rates, recruiting challenges and the role of artificial intelligence in transforming the industry.