Digital health accelerator Healthbox has added ten companies to its next accelerator, which will be located in Chicago. This is the fourth program Healthbox has run in Chicago and its 14th programs overall.
Healthbox partnered with insurance company Health Care Service Corporation (HCSC) and Edward-Elmhurst Healthcare to launch the class. Since launching the accelerator in 2012, Healthbox has worked with 105 healthcare startups and invested in 85 to date.
Healthbox previously offered startups $50,000 in seed funding in exchange for seven percent equity in the participating startup, but it's recently moved away from that model. New Healthbox Studios receive no upfront investment, but also don't have to give up any equity. Instead, Healthbox connects them with investors at the conclusion of the program.
One portfolio company, SwipeSense, which has developed a smart hand hygiene sensor, raised $9.6 million in funding last month. Healthbox counts SwipeSense among the graduates of its very first class.
Here are the 10 companies in Healthbox’s next class:
Admetsys claims to have developed the first artificial pancreas of its kind for hospital and surgical care that aims to improve glycemic control for patients with diabetes in the hospital.
GreenLight Medical is an online program that is designed to help hospital staff and medical technology professionals communicate with each other to review, approve, and purchase new medical technology.
Guardian Health Technologies, which was developed at Rush University Medical Center, is a medical decision support tool that analyzes data to produce real-time insights to help clinicians make more accurate diagnostic and treatment decisions.
Human Practice has developed a mobile platform for doctors to communicate with each other and network within a health system.
ImmersiveTouch offers an imaging tool that surgeons can use to visualize and practice a surgery using 3D glasses, foot pedals, and a mobile device.
Lifespeed helps families manage their health data through their online platform. Users can integrate data from multiple sources, create events like broken arm, baby, or immunizations, and create summaries of the health data.
Orunje is a healthcare delivery service that connects patients with vetted local physicians and nurse practitioners. The startup aims to provide patients with convenient and affordable healthcare delivery.
SpiroSano creates personalized disease management kits for people with asthma, COPD, and cystic fibrosis. Patients can access the kits through a prescription from the doctor. Kits include connected medical devices as well as apps.
Welltwigs has developed a smartphone connected fertility monitor to help women conceive.
Wellth aims to help ACOs improve the quality metrics on which they are graded and reimbursed. The company offers a mobile tool that incentivizes the patient to improve their health by offering reminders and health information.