DENVER, CO – Colorado Impact Days, a three-day long event meant to bring together Colorado’s top social ventures and impact investors, featured six of the state’s leading digital health startups at its Social Venture Showcase on March 4th. The showcase gave these startups the opportunity to meet with potential investors and discuss how their digital health solutions could improve healthcare in Colorado.
While RxAssurance won the Colorado Impact Days award for health and wellness, each of the digital health companies present received significant interest from investors. CyberMed News attended the event to learn more about the positive impact that these six companies are having on the health of Coloradans.
Play-It Health: Better Patient Engagement
Founded by Dr. Kim Gandy as a means of ensuring medical adherence among transplant recipients, Play-It Health has created a patient engagement solution intended to reduce the complications caused when patients forget to take their medications. Known as Plan-It Med, this solution sends patients educational content and targeted reminders to ensure that care regimens are followed.
“To be able to know how a patient is doing,” Dr. Gandy said as she described the potential impact of Plan-It Med, “and then unifying the entire health ecosystem around that patient to improve their health.”
(Read the CyberMed News profile of Play-It Health here.)
Cerescan: Improving Brain Imaging
Colorado-based digital health company Cerescan takes a big data approach to medical imaging, using the information generated by qSPECT and other imaging systems to create mathematical models that represent the human brain in ways never before possible. The company’s revolutionary platform is currently being used to improve the diagnosis and treatment of several serious disorders, including ADD/ADHD, traumatic brain injury, and depression.
“Cerescan helps children be able to perform well in school, allows people who have had brain damage get back to work, and helps husbands and wives get their spouses back because they’re not going to be saddled with the after-effects of head injuries or other disorders,” said John Kelley, the CEO of Cerescan.
(Read the CyberMed News profile of Cerescan here.)
Radish Systems: Enhancing Telemedicine
ChoiceView, Radish Systems’ flagship product, permits visual information of all kinds to be shared between smartphones during regular phone conversations. In the healthcare context, this technology allows patients to receive educational material, view billing information, and fill out paperwork on their mobile phones while speaking with their providers.
“When patients see and hear healthcare information, they can understand it better,” explained Theresa Szcurek, the CEO of Radish Systems, “which helps them better comply with their healthcare plans.”
(Read the CyberMed News profile of Radish Systems here.)
Nymbl: Reducing Catastrophic Falls
Colorado-based digital health company Nymbl has created the “world’s first wearable product designed to improve balance for an aging population.” By combining cognitive science with a mobile app and wearable sensors, Nymbl aims to improve the balance of its users and significantly reduce their falls.
“As you know, in aging populations, falling is a huge issue,” said Tom Virden, the Co-founder of Nymbl. “It represents a 60 billion dollar a year cost to the medical system. Not to mention that it ruins people’s lives when they have a catastrophic fall.”
QBLabs: Preventing Hip Fractures
QBLabs, a sports research and physical therapy technology company, has developed MovementTek, an array of clip-on sensors that enable the accurate analysis of movement. The passive system created by this array can be used to monitor users and warn them when their balance is compromised.
“Our sensor movement tech is a fall prediction sensor for at-risk elders” explained Jennifer Maskrey, the CEO of QBLabs. “Our plan is to predict, intervene, and prevent the tragedy of hip fractures and falls and the deaths related to them.”
RxAssurance: Fighting the Opioid Epidemic
With opioid addiction reaching epidemic proportions in the US, there is a growing awareness that new approaches to the abuse of these drugs need to be developed. Colorado-based RxAssurance has built a digital health platform called OpiSafe, which is intended to reduce the number of overdose deaths caused by prescription pain medications.
“OpiSafe is a cloud-based system that at its core is a patient engagement platform,” said Robert Valuck, the CSO of RxAssurance. “We engage with patients through a simple-to-use app or web-based interface when they leave the provider’s office, and we remain engaged with them to monitor them for all the things we should be carefully following.”