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Tracxn World’s Largest Startup Research Platform 2 Healthcare Analytics Report, July 2016 3 Contents Topic Page No. Scope of Report 05 Entrepreneur Activity 07 Investment Trend 09 Who is Investing 17 Exit Outlook - IPO, Acquisitions 21 Sub Sector Analysis 24 Interesting Companies 39 Useful Links 54 Company List 56 Team 204 3 Healthcare Analytics Report, July 2016 Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE HEALTH CONSUMER ENTERPRISE APPLICATIONS SECURITY BIOPHARMA MARKETPLACES SAAS STORAGE DIAGNOSTICS SUBSCRIPTION COMM. MOBILE-FIRST ENT. APPS NETWORKING MEDICAL DEVICES UBER FOR X INTELLIGENT ENT. APPS MOBILITY HEALTHCARE ANALYTICS INTERNET FIRST BRANDS OPEN SOURCE IT OPS FITNESS AND WELLNESS FOOD TECH RETAIL TECH CLOUD INFRASTRUCTURE HEALTH IT GROCERY TECH MARKETING TECH API MANAGEMENT CONSUMER HEALTHTECH TRAVEL STEALTH MODE BIGDATA INFRASTRUCTURE MOBILE HEALTH GAMING VERTICAL SAAS TECH FINTECH EDUCATION MOBILE INTERNET OF THINGS BITCOIN EDUCATION IT MOBILE COMMERCE 3D PRINTING PAYMENTS SELF LEARNING MOBILE PAYMENTS 4 Healthcare Analytics Report, July 2016 Sector Overview Scope of report Healthcare analytics is defined as the use of data, information technology and computer-based mathematical models to gain insights that support healthcare professionals in decision making. This report covers B2B companies that offer healthcare analytics solutions to Providers, Payers, Employers and Accountable Care Organizations (ACOs). The companies have been classified based on their application - Clinical, Financial, Operational and Suite Solutions. Examples include companies that offer analytics for Population Health Management, Clinical Decision Support Systems, Patient Engagement, Revenue Cycle Management and Workflow Management. It excludes those companies that offer analytics in the form of consultancy, B2C solutions and companies that offer analytics for drug development, drug discovery or research. This report also does not cover companies that offer their solutions to multiple industries (Oracle, SAS) and companies whose non-analytics products and solutions span the entire healthcare sector (Cerner, McKesson). The scope of this report includes equity as well as debt funding received by the companies. Business Model Description Clinical Analytics Solutions that help gain insight into clinical operations, aid decision making, predict patient health deterioration, prevent hospital readmissions and improve the quality of patient care. Financial Analytics Solutions aimed at streamlining and improving the revenue cycle process, identifying cost containment opportunities Operational Analytics Suite Solutions Solutions that support administrative and operational decision making in areas such as customer acquisition, workflow management and market intelligence Solutions with multiple use cases that support overall performance improvement 5 Healthcare Analytics Report, July 2016 6 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 6 Healthcare Analytics Report, July 2016 YoY – Number of companies founded Modernizing Medicine Evolent Health Flatiron Health Alignment Healthcare Centauri Health Solutions Lyra Health SurgeonCheck Kyruus Butterfly Network MD Insider XG Health Solutions PatientPop Pieces Tech Scribe.AI 120 103 100 Number of Companies 89 80 69 58 60 58 40 28 20 8 0 2010 2011 7 Healthcare Analytics Report, July 2016 2012 2013 2014 2015 2016 8 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 8 Healthcare Analytics Report, July 2016 YoY – Number of Rounds and Total Funding 1800 200 $1.6B 182 168 160 $1.2B 133 1080 120 $829M 83 720 85 51 360 56 $192M $111M 14 $475M $350M 34 80 40 $222M $129M 0 0 2008 2009 2010 2011 2012 Funding Amount 2013 Number of Rounds Note: The funding includes debt rounds also. 9 Healthcare Analytics Report, July 2016 2014 2015 2016 Number of Rounds Funding Amount (in Millions) 1440 YoY – Number of Rounds by Stage 180 24 144 Number of Rounds 19 12 108 68 64 44 12 72 4 36 14 38 40 25 21 0 2011 68 64 63 29 2012 19 2013 Seed 10 Healthcare Analytics Report, July 2016 2014 Early Late 2015 2016 YoY – Funding by Stage 1600 Total Funding Amount (in Millions) 1280 $754M 960 $655M 640 $502M $592M $109M 320 $110M $28M $166M 0 $23M 2011 $215M $13M 2012 $451M $247M $42M $56M $43M 2013 2014 2015 Seed 11 Healthcare Analytics Report, July 2016 $217M Early Late $18M 2016 Average Ticket Size – Early Stage 30.0 Funding Amount (in Millions) 25.0 $24.0M 20.0 $14.4M 15.0 $13.0M $11.5M $10.8M 10.0 $8.5M $7.2M $5.9M $6.1M $5.5M $7.9M $6.3M 5.0 $1.2M $0.6M $0.6M 2012 2013 $1.8M $1.5M 2015 2016 $1.0M 0.0 2011 Seed 12 Healthcare Analytics Report, July 2016 2014 Series A Series B Top investments in last one year Company Funding Amount Round Name Date flatiron.com Flatiron Health (New York City, 2012) $175M Series C Jan-2016 heartflow.com HeartFlow (Redwood City, 2007) $100M Series D May-2016 healthcatalyst.com Health Catalyst (Salt Lake City, 2008) $70M Series E Feb-2016 Norwest Venture Partners, UPMC remedypartners.com Remedy Partners (Darien, 2011) $60M Series B Nov-2015 Bain Capital Ventures centaurihs.com Centauri Health Solutions (Phoenix, 2014) $50M PE May-2016 Silversmith Capital proteus.com Proteus Digital Health (Redwood City, 2001) $50M Series H Apr-2016 welltok.com Welltok (Denver, 2009) $45M Series E Dec-2015 Georgian Partners, EDBI, Flare Capital Partners evariant.com Evariant (Farmington, 2008) $42M Series C Nov-2015 Lightspeed Venture Partners, Health Enterprise Partners, Salesforce, Dignity Health, Goldman Sachs 13 Healthcare Analytics Report, July 2016 Investors Roche, Baillie Gifford, Casdin Capital, Allen and Company Top investments in last one year Company Funding Amount Round Name Date modmed.com Modernizing Medicine (Boca Raton, 2010) $38M Series E Sep-2015 Pentland, Sands Capital Ventures, Summit Partners lyrahealth.com Lyra Health (Burlingame, 2015) $35M Series A Oct-2015 Greylock Partners, Venrock, Breyer Capital, Origin Capital Partners, Castlight Health medcpu.com medCPU (New York City, 2008) $35M Series C Feb-2016 UPMC, Merck earlysense.com EarlySense (Ramat Gan, 2004) $25M Series G June-2016 Bank Hapoalim, Pitango Venture Capital, JK and B Capital kyruus.com Kyruus (Boston, 2010) $25M Series C Sep-2015 New Leaf Ventures, Fidelity Biosciences, Highland Capital Partners, Leerink Partners, Lux Capital, Mckesson ventures, Providence Health & Services, Venrock syapse.com Syapse (Palo Alto, 2008) $25M Series C Jan-2016 Ascension Ventures, Social Capital, Safeguard Scientifics mdrevolution.com MD Revolution (San Diego, 2011) $23M Series C Dec-2015 Jump Capital launchpointcorporation.com LaunchPoint (Rolling Meadows, 2008) $23M Series C Aug-2015 Carrick Capital Partners 14 Healthcare Analytics Report, July 2016 Investors Funnel view of Sector Percent of Previous Founded 633 Funded 377 Series A 60% 262 Series B 69% 101 Late 39% 57 M&A & IPO 74 0 140 280 420 Number of Companies 15 Healthcare Analytics Report, July 2016 560 700 6 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 16 Healthcare Analytics Report, July 2016 Most Active Investors in Sector Change Healthcare Change Healthcare 12 WellDoc Evidation Assurex Health CloudMedx Syapse Remedy Partners NarrativeDx Sentrian Notable Labs Glooko MedHOK Oncora Medical Penzata 7 7 7 Bain Capital Ventures Dreamit Ventures Frost Data Capital ZeOmega OnShift medCPU Ginger.io Health Catalyst 11 11 11 11 11 10 9 8 Number of Companies 8 6 4 2 0 BlueCross BlueShield Venture Partners HLM Venture Partners Merck 17 Healthcare Analytics Report, July 2016 Rock Health Sequoia Capital Y Combinator Social Capital Where are Top Investors investing BlueCross HLM Venture BlueShield Partners Venture Partners Clinical Change Healthcare ZeOmega Lumiata Change Healthcare MedVentive Medicalis Merck Rock Health WellDoc medCPU Healthsense Ginger.io Wildflower Health Ambient Clinical Assurex Health Y Social Bain Capital Dreamit Combinator Capital Ventures Ventures CloudMedx Notable Labs EnsoData Health Catalyst SCIO Health Analytics ZirMed Suite Solutions OnShift Binary Fountain Operational Financial Sequoia Capital ArroHealth ArroHealth Horizontal 18 Healthcare Analytics Report, July 2016 Evidation Sensentia Syapse Glooko Ambient Clinical MedHOK Humedica Oncora Medical Tissue Analytics Somatix Remedy Partners MedeAnalytics NarrativeDx Kermit PPI analyticsMD Enclarity Frost Data Capital Sentrian Penzata Top Investor by Stage of Entry Seed Series A Rock Health 8 GE Ventures Y Combinator 6 Dreamit Ventures Series B Merck 4 HLM Venture Partners 4 BlueCross BlueShield Venture 4 Partners Bain Capital Ventures 3 Bain Capital Ventures 3 5 Google Ventures 3 Kaiser Permanente Ventures 3 Ascension Ventures 2 Healthbox 5 Health Enterprise Partners 3 New Leaf Ventures 3 BlueCross BlueShield Venture 2 Partners Blueprint Health 4 Khosla Ventures 3 BlueCross BlueShield Venture Partners 2 Bregal Sagemount 2 Startupbootcamp 3 Sandbox Industries 3 Cambia Health Solutions 2 CHV Capital 2 Techstars 3 Sequoia Capital 3 Easton Capital 2 Flare Capital Partners 2 Aging2.0 2 Asset Management Ventures 2 First Round Capital 2 General Atlantic 2 Analytics Ventures 2 BDC 2 Flare Capital Partners 2 Great Point Partners 2 BFTP 2 Cambia Health Solutions 2 GE Ventures 2 Highland Capital Partners 2 19 Healthcare Analytics Report, July 2016 5 Later Stage 0 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 20 Healthcare Analytics Report, July 2016 Top IPOs in last three years IPO Date Company Volpara Solutions (Wellington, 2009) Apr-2016 Jun-2015 Feb-2015 evolenthealth.com epocrates.com Evolent Health (Arlington, 2011) Inovalon (Bowie, 1998) 21 Healthcare Analytics Report, July 2016 Overview Investors Quantitative breast imaging tools to assess breast imaging density Provides clinical and operational technology solutions to healthcare organizations Advisory, TPG Growth, TPG Global, UPMC Health Plan Cloud-based data analytics platform that helps improve clinical, financial and payment integrity outcomes Funding Amount IPO Price Exch:Ticker $5.5M $10M ASX:VHT $121.28M $195M NYSE:EVH $600M NASDAQ:INOV Major Acquisitions since Jan 2016 Date Company Acquirer Deal Size Overview Jun-2016 originhs.com Equation Health (Layton, 2006) MedassetsPrecyse Undisclosed May-2016 healthdatainsights.com MultiPlan (New York City, 1980) Hellman & Friedman Undisclosed Apr-2016 Verisk Health (Waltham, 1997) Veritas Capital $820M Data analytics, risk assessment, payment accuracy, and revenue integrity solutions to the healthcare industry Feb-2016 Truven Health Analytics (Ann Arbor, 1997) IBM $2.6B Delivers analytic tools, benchmarks and services Invest Michigan Fund, Veritas Capital Feb-2016 Hark (London, 2013) Google Deep Mind Undisclosed Feb-2016 QPID Health (Boston, 2012) eviCore Jan-2016 CVInfosys (Westlake Village, 2016) SCIO Health Analytics Undisclosed Jan-2016 Agilum Healthcare (Franklin, 2005) Sentry Data Systems Undisclosed 22 Healthcare Analytics Report, July 2016 Total Funding Clinical and Financial business intelligence Technology driven Fraud, Waste and Abuse solutions for Healthcare Payers Stockwell Capital, Peloton Equity, BC Partners, WCAS Clinical task management app using advanced analytics Undisclosed Clinical insights platform for healthcare providers Matrix partners, Cardinal Partners, New Leaf Venture Partners, Partners Healthcare innovation $16.7M Risk adjustment analytics and quality measure reporting SaaS based business intelligence suite solution Trinity Capital Investment, Relevance Capital $7.65M 3 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 23 Healthcare Analytics Report, July 2016 July 2016 Tracxn BlueBox : Healthcare Analytics 690+ companies in the sector, 350+ funded in last 5 years, $2.05B invested in 2015 / 2016 Most Active Investors: Rock Health, Bain Capital Ventures, Blue Cross Blue Shield Venture Partners Suite Solutions $1.4B CLINICAL $3.1B Care Quality Flatiron Health (2012, $314M) MD Insider (2012, $24.3M) OPERATIONS $464M Marketing eVariant (2008, $68.5M) Health Catalyst (2008, $237M) Population Health Analytics Welltok (2009, $151.5M) FINANCIAL $286M Strategic Binary Fountain (2003, $22M) Clinical Decision Support Imaging Advantage (2007, $295M) Revenue Cycle Management MediGain (2002, $40M) Materials Management Health Engagement Cohealo (2012, $11M) Proteus Digital Health (2001, $404M) Fraud, Waste and Abuse Apixio (2009, $42M) Precision Health Assurex Health (2006, $92.5M) Practice Area: Health - Enterprise | Analyst: Arun Palaniappan| Twitter: @TracxnHealth 24 Healthcare Analytics Report, July 2016 Workflow OnShift (2008, $30M) Cumulative funding in the sector Top Business Models by Funding Total Funding Amount (in Millions) 3500 Proteus Digital Health Flatiron Health Evariant Apixio Imaging Advantage Health Catalyst Kyruus MediGain $3.1B 2800 2100 $1.4B 1400 700 $450M $280M 0 Avg. Age # Cos. Clinical Suite Solutions Operational Financial 2010.5 2006.8 2009.7 2004.5 423 68 93 48 25 Healthcare Analytics Report, July 2016 Clinical – Business Model Description Includes companies which offer solutions that help gain insight into clinical operations, aid decision making and improve the quality of patient care. These solutions are primarily used by hospitals. However, Payers and employers also use clinical data to understand and monitor member health. Data Sources: Electronic Health Records (EHRs), Medical Claims, Audit records, Pharmacy Claims, Laboratory records, Radiology records, Wearables data, Sensors data, Genomic and Molecular data, Lifestyle and Environment data. Decision Support Point of care decision support tools used by clinicians, radiologists and doctors. Includes intelligent alerts, medical imaging diagnosis Population Health Analytics Solutions that help in risk stratification, care gap identification and predicting illnesses. Caters to Providers, Payers and Employers 26 Healthcare Analytics Report, July 2016 Health Engagement Precision Health Care Quality Analytical tools that support remote monitoring, medication adherence and personalized care management. Precision medicine tools used by clinicians to provide the right treatment, the right medication, at the right dosage to the right patient. Solutions that help in physician assessment, clinical benchmarking, quality improvement and help improve patient safety Clinical – Entrepreneur Activity and Investment Trend Distribution of Companies across Countries 90 350 77 67 72 Number of Companies Number of Companies Founded YoY – No. of Companies Founded 50 54 40 37 31 36 20 18 18 318 280 210 140 70 24 17 11 8 6 5 5 Canada India UK Israel China France Singapore 0 0 2008 2009 2010 2011 2012 2013 2014 US 2015 $926M 133 800 94 140 122 $751M 600 112 84 59 400 200 21 10 $52M $81M 2008 2009 34 37 $160M $139M 2010 2011 56 $338M $247M 28 0 0 2012 2013 27 Healthcare Analytics Report, July 2016 2014 2015 Funding Amount (in Millions) 1000 BM wise Investment No. of Rounds Funding Amount (in Millions) YoY – Total Funding and No of Rounds 1200 $983M $885M 960 $861M 720 480 $217M 240 $86M 0 Decision Support Health Engagement Population Precision Health Health Analytics Care Quality Clinical – Most Funded Companies Company Overview Business Model Funding Amount proteus.com Proteus Digital Health (2001, Redwood City) Medical adherence monitoring system Oracle, SVB Financial Group, Adams Street Partners, Kaiser Permanente Ventures, Asset Clinical > Health Engagement Management Ventures, Essex Woodlands, The Carlyle Group, Medtronic, Novartis, Oxford > Patient Engagement > Finance, Fletcher Spaght, Helix Ventures, Itochu, St. Jude Medical, ON Semiconductor, Otsuka Medication Adherence America Pharmaceutical, Spring Ridge Ventures, Sailing Capital imagingadvantage.com Imaging Advantage (2007, Santa Monica) Evidence based CDS tools for radiology Goldman Sachs, CRG, Bregal Sagemount, innovation.cms.gov Clinical > Decision Support > Radiology and Imaging $295M heartflow.com HeartFlow (2007, Redwood City) Provides cardiovascular diagnostic support using analytics. U.S.Venture Partners, Emergent Medical Partners, Capricorn Investment Group, Sandbox Industries and HealthCor Partners Management and Johnson & Johnson. Clinical > Decision Support > Radiology and Imaging $226.84M Platform which provides personalized incentive based Patient engagement services for Population health managers Qualcomm, IBM, Bessemer Venture Partners, New Enterprise Associates, Qualcomm Clinical > Population Health Ventures, Emergence Capital Partners, InterWest Partners, Flybridge Capital Partners, EDBI, Analytics Miramar Venture Partners, Georgian Partners, HLM Venture Partners, Okapi Venture Capital, Hearst Communications, The Entrepreneurs' Fund, Catholic Health Initiatives, Miramar Ventures, Flare Capital Partners $151.5M welltok.com Welltok (2009, Denver) butterflynetinc.com Butterfly Network (2011, Guilford) assurexhealth.com Assurex Health (2006, Mason) Ultrasound based low cost, portable imaging devices that use machine learning technology Stanford University, Aeris Capital Clinical > Decision Support > Radiology and Imaging Personalized neuropsychiatric medicine. Sequoia Capital, Mayo Clinic, SVB Financial Group, Four Rivers Group, CincyTech, North Coast Angel Fund, Claremont Creek Ventures, Allos Ventures, Alafi Capital, Cincinnati Children’s Clinical > Precision Health Hospital Medical Center, Cross Creek Advisors, GE Capital, jVen Capital, QCA First Fund, Claremont Creek Ventures 28 Healthcare Analytics Report, July 2016 $404M $100M $92.47M Suite Solutions – Business Model Description Includes companies whose product offerings impact more than one core application area. That is solutions with clinical, financial and operational impact. Volume to Value Transition Solutions that help healthcare organizations to shift from a fee for service model to a value based payment programs. Analytics and decision support tools that support bundled payments, risk adjustments, patient risk stratification and care management Performance Improvement Analytics and business intelligence tools that help bring an overall improvement in workflow management, operational decision making and revenue cycle management 29 Healthcare Analytics Report, July 2016 Suite Solutions – Entrepreneur Activity and Investment Trend Distribution of Companies across Countries 10 9 70 9 8 6 5 Number of Companies Number of Companies Founded YoY – No. of Companies Founded 5 4 4 4 3 2 2 61 56 42 28 14 2008 2009 2010 2011 2012 2013 2014 United States 2015 YoY – Total Funding and No of Rounds 1 Canada India United Kingdom 17 560 20 18 $576M 16 420 16 12 8 280 3 $54M 0 2008 5 9 $262M 6 $23M $6M 2009 2010 $53M $47M 2011 2012 8 4 $80M 0 2013 30 Healthcare Analytics Report, July 2016 2014 2015 Funding Amount (in Millions) 700 BM wise Investment No. of Rounds Funding Amount (in Millions) 3 0 0 140 3 1000 $865M 800 $543M 600 400 200 0 Performance Improvement Volume-to-Value Suite Solutions – Most Funded Companies Company flatiron.com healthcatalyst.com alignmenthealthcare.com Overview Cloud-based oncology platform offering analytics, billing and EHR Flatiron Health First Round Capital, IA Venttures, SV Angel, Google Ventures, Allen and Company, Stripes (2012, New York City) Group, Great Oaks Venture Capital, Casdin Capital, Roche, Baillie Gifford, Laboratory Corporation of America Holdings, BoxGroup Health Catalyst (2008, Salt Lake City) Business Model Funding Amount Suite Solutions > Performance Improvement > Practice Management $314.4M Provides analytics platform to improve quality and reduce costs of healthcare organizatons Sequoia Capital, Norwest Venture Partners, Tenaya Capital, EPIC Ventures, Sorenson Capital, Suite Solutions > Kaiser Permanente Ventures, CHV Capital, Partners HealthCare, Next Wave Health, Leavitt Performance Improvement Partners, UPMC, Sands Capital Ventures Alignment Healthcare Providing population health management to health systems and provider groups. (2013, Orange) General Atlantic $237M Suite Solutions > Volume-toValue $125M evolenthealth.com Evolent Health (2011, Arlington) Provides clinical and operational technology solutions to healthcare organizations Advisory, TPG Growth, TPG Global, UPMC Health Plan Suite Solutions > Volume-toValue $121.28M citiustech.com CitiusTech (2005, Princeton) Offers a range of analytical solutions and technology services for Healthcare providers General Atlantic Suite Solutions > Volume-toValue $112M Suite Solutions > Performance Improvement > Practice Management $97.74M modmed.com Modernizing Medicine Provides specialty-specific EMR with machine learning technology (2010, Boca Raton) IBM, Summit Partners, SVB Financial Group, Pentland, Sands Capital Ventures 31 Healthcare Analytics Report, July 2016 Operational – Business Model Description Includes solutions that support administrative and operational decision making. Applications include Marketing, Workflow Management, Materials Management and Strategy. The solutions offered are used by hospital administrators and physician offices. Data Sources: Hospital Information Management Systems (HIMS), Appointment management systems, Supply Chain Management Database, Staff and patient hospital records, Consumer demographics data and Patient feedback Strategic Workflow Marketing Materials Management Business Intelligence and analytical tools that help hospital administrators in understanding market intelligence and patient feedback Solutions that offer patient flow automation and optimization, staff scheduling and resource utilizations Analytics used for lead generation, customer segmentation, referral management and patient acquisition Tools that support hospital supply chain logistics, demand prediction and procurement analysis 32 Healthcare Analytics Report, July 2016 Operational – Entrepreneur Activity and Investment Trend Distribution of Companies across Countries 16 90 14 12 13 12 Number of Companies Number of Companies Founded YoY – No. of Companies Founded 10 10 8 7 7 6 3 3 79 72 54 36 18 3 2 2 2 1 1 1 India Brazil Canada Israel Australia Belgium Iceland 0 0 2008 2009 2010 2011 2012 2013 2014 United States 2015 22 $154M 22 144 108 11 $75M 36 $19M 10 7 5 $26M 20 15 13 9 72 25 $37M $30M 2012 2013 $20M 5 0 0 2008 2009 2010 2011 33 Healthcare Analytics Report, July 2016 2014 2015 Funding Amount (in Millions) 180 BM wise Investment No. of Rounds Funding Amount (in Millions) YoY – Total Funding and No of Rounds 250 $210M 200 150 100 $75M $60M $38M 50 0 Marketing Workflow Strategic Materials Management Operational – Most Funded Companies Company Overview Business Model Funding Amount Evariant (2008, Farmington) Provides platform for digital marketing solutions Lightspeed Venture Partners, Salesforce, Goldman Sachs, Health Enterprise Partners, McKesson, Enterprise Partners Venture Capital, Dignity Health Operational > Marketing > Consumer Engagement $68.5M kyruus.com Kyruus (2010, Boston) Referral management solutions for healthcare organizations Highland Capital Partners, Gerson Lehrman Group, Venrock, Lux Capital, New Leaf Ventures, Leerink Partners, Fidelity Biosciences, GLG, McKesson Ventures, Mckesson ventures, Providence Health & Services, F-Prime Capital Partners Operational > Marketing > Referral Management $55.8M healthmarketscience.com Health Market Science (1999, King Of Prussia) Enables healthcare organizations to improve operational efficency BFTP, Mediphase Venture Partners, Cross Atlantic Capital Partners, Edison Partners Operational $51.93M onshift.com OnShift (2008, Cleveland) Staff scheduling software for healthcare W Capital Partners, North Coast Angel Fund, Draper Triangle, Early Stage Partners, Jumpstart, HLM Venture Partners, Glengary, VelocityHealth, West Capital, DTVC Operational > Workflow $30.3M patientpop.com PatientPop (2014, Santa Monica) Marketing platform for healthcare providers SVB Financial Group, Toba Capital, athenahealth Operational > Marketing > Consumer Engagement $23.8M binaryfountain.com Binary Fountain (2003, McLean) Extracts insights from customer feedback using a cloud based platform HLM Venture Partners, Providence, Pioneer Venture Partners, Pioneer Ventures Associate Operational > Strategic > Patient Feedback $21.7M evidation.com Evidation (2014, Menlo Park) Uses data analytics to evaluate digital health technologies Rock Health, Asset Management Ventures, GE Ventures, Fresco Capital, B Capital Group Operational > Strategic $17.66M evariant.com 34 Healthcare Analytics Report, July 2016 Financial – Business Model Description Includes companies which offer solutions aimed at streamlining and improving the revenue cycle process. These solutions cater either to hospitals or payers. Data Sources: Medical claims, Pharmacy claims, Billing and Payment data, Coding data, Denial information. Revenue Cycle Management Analytics used for revenue integrity, financial reporting and benchmarking, care pricing analytics, adjudication outcomes comparison and analysis of provider utilization patterns Fraud, Waste and Abuse Solutions that help in identifying revenue leakages and provide insights into cost containment opportunities. Includes solutions that offer risk adjustment, coding error identification and claims validation. 35 Healthcare Analytics Report, July 2016 Financial – Entrepreneur Activity and Investment Trend Distribution of Companies across Countries 7 6 50 6 6 Number of Companies Number of Companies Founded YoY – No. of Companies Founded 4 3 3 3 2 3 2 1 1 44 40 30 20 10 2008 2009 2010 2011 2012 2013 2014 United States 2015 1 1 1 Australia India United Kingdom Venezuela 9 $69M 64 10 9 8 8 $52M 48 6 32 4 3 $7M 2008 2009 0 4 $27M $19M 2 1 $5M 4 2 $10M $0.2M 2010 0 2011 2012 2013 36 Healthcare Analytics Report, July 2016 2014 2015 Funding Amount (in Millions) 80 BM wise Investment No. of Rounds Funding Amount (in Millions) YoY – Total Funding and No of Rounds 16 1 0 0 180 $171M 144 108 $83M 72 36 0 Fraud, Waste and Abuse Revenue Cycle Management Budgeting Financial – Most Funded Companies Business Model Funding Amount Providing solutions for healthcare organization by optimizing costs and outcomes. SSM Partners, Bain Capital, First Analysis Financial > Fraud, Waste and Abuse $41.88M Provides revenue management solutions to healthcare providers investor.prudentialcapitalgroup.com Financial > Revenue Cycle Management $40.26M HealthTech Analytics and Validation platform First Round Capital, Canaan Partners, Tribeca Venture Partners, New Leaf Ventures, NAV Financial > Fraud, Waste and Abuse $27M Company Overview apixio.com Apixio (2009, San Mateo) medigain.com MediGain (2004, Plano) truveris.com Truveris (2009, New York City) launchpointcorporation.com LaunchPoint (2008, Rolling Meadows) Provides cloud-based Business Intelligence solutions and services Carrick Capital Partners Financial $26M digitalharbor.com Digital Harbor (1997, Vienna) Provides Compliance and Intelligent Risk Management Solutions Insight Venture Partners, FTVentures Financial > Fraud, Waste and Abuse $21M recondotech.com Recondo Tech (2006, Greenwood Village) Revenue Cycle Management for Healthcare Providers Lemhi Ventures, Bregal Sagemount, Bregal Sagemount Financial > Revenue Cycle Management $20M healthfidelity.com Health Fidelity (2011, San Mateo) NLP and analytics based risk adjustment solutions for providers and payers The National Science Foundation, Charter Life Sciences, UPMC Financial > Fraud, Waste and Abuse $19.26M remitdata.com RemitDATA (2000, Memphis) Providing reimbursement, utilization, and productivity solutions to healthcare providers. Noro Moseley Partners, SSM Partners Financial > Revenue Cycle Management $16.45M 37 Healthcare Analytics Report, July 2016 8 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 38 Healthcare Analytics Report, July 2016 Interesting Unfunded Companies Company 1datapoint.com 1Datapoint (2012, Toronto) wandahealth.com Wanda Health (2011, San Francisco) clemetric.com CleMetric (2013, Madison) deepdiagnostics.com Deep Diagnostics (2014, Toronto) curatehealth.me Curate.Health (2012, Nashville) gotafi.com TAFi (2015, Chicago) salusity.com Salusity (2015, Boston) veedata.io Veedata (2015, Toronto) Overview Diagnostic tools for mental health Machine learning based remote patient management solutions Suite of analytics software for improving hospital care quality AI for clinical decision support. Patient engagement platform offering patient satisfaction Real time decision support platrom Chronic disease management using remote monitoring and biometric data Software for Health and Life insurance to track their members. Business Model Clinical > Precision Health Clinical > Health Engagement > Patient Engagement > Devices > Wearables Clinical > Care Quality Clinical > Decision Support > Radiology and Imaging Operational > Strategic > Patient Feedback Clinical > Decision Support Clinical > Health Engagement > Patient Engagement > Devices > Wearables Clinical > Health Engagement > Member Engagement Curated list of companies by the sector analyst are defined as Interesting 39 Healthcare Analytics Report, July 2016 Interesting Unfunded Companies Company scribe.ai Scribe.AI (2016, Seattle) prescient-healthcare.com Prescient Healthcare (2015, Charlottesville) kinolaihealth.com Overview Business Model Amazon Echo for healthcare Clinical > Decision Support Uses predictive models and analytics to provide clinical decision support Clinical > Decision Support Kinolai Health (2015, Wyncote) Helps clinicians to utilize their patients’ genetic information to produce custom-tailored care plans Clinical > Precision Health triventishealth.com Triventis (2015, Neptune City) Population health management solution provider Clinical > Health Engagement > Patient Engagement > Devices > Wearables magentiq.com Magentiq Eye (2015, Haifa) Computer vision technology in endoscopic procedures Clinical > Decision Support > Radiology and Imaging avatardss.com Avatar DSS (2015, Tampa) Precision treatment support for cancer patients Clinical > Precision Health tempus.com Tempus (2015, Chicago) Oncology platform for sequencing, analytics and informatics Clinical > Precision Health vitacloud.io VitaCloud (2016, Bangalore) Electronic health record and analytics platform Clinical > Health Engagement > Patient Engagement > Devices > Wearables 40 Healthcare Analytics Report, July 2016 Interesting Unfunded Companies Company algosurg.com rayhealthcare.org carecds.com Algosurg (2016, Mumbai) Ray Technologies (2016, Bangalore) CareCDS (2016, Detroit) Overview Technology solution for surgeries. Business Model Clinical > Decision Support > Radiology and Imaging IoT startup focused on delivering healthcare solutions Clinical > Health Engagement > Patient Engagement > Devices > Contactless Cloud-based pain management CDS system for healthcare providers Clinical > Decision Support 41 Healthcare Analytics Report, July 2016 Interesting Seed Companies Company Overview Business Model Total Funding ensodata.io EnsoData (2015, Madison) Automated sleep data analysis using machine learning Y Combinator, HealthX Ventures Clinical > Decision Support $562k getfitsense.com FitSense (2015, Singapore) Developer of fitness apps for healthcare and Insurance Industry Startupbootcamp Clinical > Health Engagement > Member Engagement $17k sensentia.com Sensentia (2011, San Francisco) Automatic inquiry system using natural language Rock Health Operational > Workflow insight-rx.com InsightRx (2015, San Francisco) Analytics platform for precision dosing Plug and Play Ventures, Launchpad Digital Health Clinical > Precision Health densitas.ca Densitas (2011, Halifax) Breast density assessment software using imaging analytics Innovacorp Clinical > Decision Support > Radiology and Imaging hindsait.com Hindsait (2013, Englewood) A big data platform employing AI & predictive analytics for population health management Healthbox, GuideWell Clinical > Decision Support somatixinc.com Somatix (2015, Herzliya) Analytics software for scanning smoking pattern Dreamit Ventures Clinical > Health Engagement > Member Engagement curemetrix.com CureMetrix (2014, Rancho Santa Fe) Detection of breast cancer in mammograms using medical image analytics Analytics Ventures Clinical > Decision Support > Radiology and Imaging 42 Healthcare Analytics Report, July 2016 $160.75K $250k $750K Interesting Seed Companies Company sigtuple.com SigTuple (2015, Bangalore) wellright.com WellRight (2013, Chicago) Overview Business Model Data driven intelligence for health care diagnostics Accel Partners Clinical > Decision Support > Radiology and Imaging Population health management solutions for employers Clinical > Population Health Analytics > Employee Health 43 Healthcare Analytics Report, July 2016 Total Funding $4.62M Interesting Series A Companies Company Overview Business Model Total Funding $40M xghealth.com XG Health Solutions (2013, Columbia) Population health management solutions for healthcare organizations Oak Investment Partners, Geisinger, Oak Investment Partners Clinical > Population Health Analytics > Member & Patient lyrahealth.com Lyra Health (2015, Burlingame) Behavioral health management solution for healthcare organizations Greylock Partners, Venrock, Castlight Health, Breyer Capital, Origin Capital Partners Clinical > Population Health Analytics > Employee Health $38.1M Clinical > Population Health Analytics > Community Health $33.4M $23.8M metabiota.com Metabiota (2008, San Francisco) Risk analytics to predict and control epidemic outbreaks Google Ventures, Data Collective, Undercurrent, Capricorn, Industry Ventures, Obvious Ventures, SharesPost, HVF Labs, Rosemont Seneca Partners, Tao Capital Partners, Global Asset Limited, WP Global Partners patientpop.com PatientPop (2014, Santa Monica) Marketing platform for healthcare providers SVB Financial Group, Toba Capital, athenahealth Operational > Marketing > Consumer Engagement zebra-med.com Zebra (2014, Ramat HaSharon) Medical image based decision support tools Khosla Ventures, OurCrowd, Deep Fork Capital, Intermountain Healthcare, Dolby Family Ventures Clinical > Decision Support > Radiology and Imaging sentrian.com Sentrian (2012, Aliso Viejo) Remote patient intelligence company TELUS, Reed Elsevier Ventures, Tech Coast Angels, Frost Data Capital Clinical > Health Engagement > Patient Engagement > Devices > Wearables arterys.com Arterys (2012, San Francisco) SaaS analytics platform for Medical Image Analysis AME Cloud Ventures, Morado Ventures, Asset Management Ventures, Emergent Medical Partners, Norwich Ventures, GE Ventures, Startx Clinical > Decision Support > Radiology and Imaging 44 Healthcare Analytics Report, July 2016 $20M $19.72M $12M Interesting Series A Companies Company Overview Cohealo (2012, Boca Raton) Platform for renting out medical equipment Romulus Capital, Krillion Ventures Analytics4Life (2011, Toronto) Non-invasive cardiac monitoring technology analytics4life.com jvion.com Jvion (2011, Suwanee) mediquire.com Mediquire (2013, New York City) lunit.io Business Model Total Funding Operational > Materials Management $11.35M Clinical > Decision Support $9.02M Deep Learning for Predicting illness Eastside Partners, Martin Ventures Clinical > Population Health Analytics > Patient Health $8.9M Transforming hospital data into clinician quality improvement Clayton Associates, Blueprint Health, Volcano Capital Suite Solutions > Volume-toValue $4.88M Lunit (2013, Seoul) Provides medical diagnosis support using machine learning and algorithms Formation 8, SoftBank Ventures Korea, K Cube Ventures Clinical > Decision Support > Radiology and Imaging $2M narrativedx.com NarrativeDx (2014, Austin) Provides actionable insights from patient narratives Floodgate, Silverton Partners, LiveOak Venture Partners, Capital Factory, Dreamit Ventures, Dreamit Ventures Operational > Strategic > Patient Feedback $1.8M pulse8.com Pulse 8 (2012, Annapolis) Provides risk adjustment and quality analytics for healthcare providers Maryland Department of Business & Economic Development, Maryland Department of Business and Economic Development Financial > Fraud, Waste and Abuse $1.14M 45 Healthcare Analytics Report, July 2016 Interesting Series B Companies Company Overview Business Model Total Funding Remedy Partners (2011, Darien) Tech-enabled care coordination platform Bain Capital Ventures, TomorrowVentures, Bain Capital, Spring Lake Equity Partners Suite Solutions > Volume-toValue > Bundled Payments $96.15M welldoc.com WellDoc (2005, Baltimore) Mobile health products for chronic disease management Windham Venture Partners, Merck, Excel Venture Management, Adage Capital Management, Samsung Ventures, JNJ Innovation, TCP Venture Capital, hudrivcap.com Clinical > Health Engagement > Patient Engagement > Self-care $64.78M valencehealth.com Valence Health (1996, Chicago) Clinical integration and health plan services. North Bridge, Heritage Group, GE Ventures, Flare Capital Partners Clinical > Population Health Analytics > Patient Health A behavior analytics company aiding people to cope depression Khosla Ventures, True Ventures, Kapor Capital, Eniac Ventures, Romulus Capital, LaunchCapital, Techstars, Rock Health, Kaiser Permanente Ventures, Eniac Ventures Clinical > Health Engagement > Patient Engagement > Self-care $28.2M Physician performance scores Lucas Venture Group, Maiden Lane, Summation Health Ventures Clinical > Care Quality $24.3M Helping providers deliver optimized care using medical science-based graph analytics Khosla Ventures, Intel Capital, Sandbox Industries, BlueCross BlueShield Venture Partners, AmeriHealth Caritas District of Columbia Clinical > Population Health Analytics > Patient Health remedypartners.com ginger.io Ginger.io (2011, Cambridge) mdinsider.com MD Insider (2012, Santa Monica) lumiata.com Lumiata (2013, San Mateo) 46 Healthcare Analytics Report, July 2016 $45M $20M Interesting Series B Companies Company Evidation (2014, Menlo Park) Overview Business Model Uses data analytics to evaluate digital health technologies Rock Health, Asset Management Ventures, GE Ventures, Fresco Capital, B Capital Group Operational > Strategic Total Funding $17.66M enlitic.com Enlitic (2014, San Francisco) Machine learning for diagnostic healthcare Amplify Partners, Data Collective, Seven Peaks Ventures, Capitol Health Clinical > Decision Support > Radiology and Imaging basehealth.com BaseHealth (2011, Redwood City) Personalized health management platform driven by genomics Thinkplus Clinical > Precision Health $9.01M wildflowerhealth.com Wildflower Health (2012, San Francisco) App to identify high risk pregnancies & assistance Rock Health, Cambia Health Solutions, HealthTech Capital, Easton Capital, Hatteras Venture Partners, KMG Capital Partners Clinical > Health Engagement > Member Engagement $6.8M 47 Healthcare Analytics Report, July 2016 $15M Interesting Late Stage Companies Company Overview Business Model Total Funding Proteus Digital Health (2001, Redwood City) Medical adherence monitoring system Oracle, SVB Financial Group, Adams Street Partners, Kaiser Permanente Ventures, Asset Management Ventures, Essex Woodlands, The Carlyle Group, Medtronic, Novartis, Oxford Finance, Fletcher Spaght, Helix Ventures, Itochu, St. Jude Medical, ON Semiconductor, Otsuka America Pharmaceutical, Spring Ridge Ventures, Sailing Capital Clinical > Health Engagement > Patient Engagement > Medication Adherence $404M flatiron.com Flatiron Health (2012, New York City) Cloud-based oncology platform offering analytics, billing and EHR First Round Capital, IA Venttures, SV Angel, Google Ventures, Allen and Company, Stripes Group, Great Oaks Venture Capital, Casdin Capital, Roche, Baillie Gifford, Laboratory Corporation of America Holdings, BoxGroup Suite Solutions > Performance Improvement > Practice Management $314.4M imagingadvantage.com Imaging Advantage (2007, Santa Monica) Evidence based CDS tools for radiology Goldman Sachs, CRG, Bregal Sagemount, innovation.cms.gov Clinical > Decision Support > Radiology and Imaging $295M Health Catalyst (2008, Salt Lake City) Provides analytics platform to improve quality and reduce costs of healthcare organizatons Sequoia Capital, Norwest Venture Partners, Tenaya Capital, EPIC Ventures, Sorenson Capital, Kaiser Permanente Ventures, CHV Capital, Partners HealthCare, Next Wave Health, Leavitt Partners, UPMC, Sands Capital Ventures Suite Solutions > Performance Improvement $237M HeartFlow (2007, Redwood City) Analytics based cardiovascular diagnostic support U.S.Venture Partners, Emergent Medical Partners, , Capricorn Investment Group, Sandbox Industries and HealthCor Partners Management and Johnson & Johnson Clinical > Decision Support > Radiology and Imaging proteus.com healthcatalyst.com 48 Healthcare Analytics Report, July 2016 $226.84M Interesting Late Stage Companies Business Model Total Funding Personalized incentive based Patient engagement services for Population health managers Qualcomm, IBM, Bessemer Venture Partners, New Enterprise Associates, Qualcomm Ventures, Emergence Capital Partners, InterWest Partners, Flybridge Capital Partners, EDBI, Miramar Venture Partners, Georgian Partners, HLM Venture Partners, Okapi Venture Capital, Hearst Communications, The Entrepreneurs' Fund, Catholic Health Initiatives, Miramar Ventures, Flare Capital Partners Clinical > Population Health Analytics $151.5M Company Overview welltok.com Welltok (2009, Denver) butterflynetinc.com Butterfly Network (2011, Guilford) Ultrasound based low cost, portable imaging devices that use machine learning technology Stanford University, Aeris Capital Clinical > Decision Support > Radiology and Imaging $100M modmed.com Modernizing Medicine (2010, Boca Raton) Provides specialty-specific EMR with machine learning technology IBM, Summit Partners, SVB Financial Group, Pentland, Sands Capital Ventures Suite Solutions > Performance Improvement > Practice Management $97.74M Personalized neuropsychiatric medicine. Sequoia Capital, Mayo Clinic, SVB Financial Group, Four Rivers Group, CincyTech, North Coast Angel Fund, Claremont Creek Ventures, Allos Ventures, Alafi Capital, Cincinnati Children’s Hospital Medical Center, Cross Creek Advisors, GE Capital, jVen Capital, QCA First Fund, Claremont Creek Ventures Clinical > Precision Health $92.47M Assurex Health (2006, Mason) 49 Healthcare Analytics Report, July 2016 Interesting Late Stage Companies Business Model Total Funding Contact free patient monitoring solution Pitango Venture Capital, The Challenge Fund-Etgar, JK and B Capital, ProSeed Venture Capital Fund, Docor International, Bank Hapoalim, Bridge Investment Fund, Noaber Services, Mitsui, Welch Allyn, Samsung Ventures Clinical > Health Engagement > Patient Engagement > Devices > Contactless $85M SaaS platform for payers to identify member disease risk and improve quality and compliance Bain Capital Ventures, Spectrum Equity, Bain Capital, Growth Capital Fund Clinical > Population Health Analytics > Member Health $77.5M Provides platform for digital marketing solutions Lightspeed Venture Partners, Salesforce, Goldman Sachs, Health Enterprise Partners, McKesson, Enterprise Partners Venture Capital, Dignity Health Operational > Marketing > Consumer Engagement $68.5M Referral management solutions for HCOs Highland Capital Partners, Gerson Lehrman Group, Venrock, Lux Capital, New Leaf Ventures, Leerink Partners, Fidelity Biosciences, GLG, McKesson Ventures, Mckesson ventures, Providence Health & Services, F-Prime Capital Partners Operational > Marketing > Referral Management $55.8M MedCPU provides clinical decision and advisory support platform. SVB Financial Group, Merck, Easton Capital, UPMC, New Richmond Ventures Clinical > Decision Support $50.9M Population health analytics. Cambia Health Solutions, Celgene, Alexandria Real Estate Equities, Mitsui, Horizon Healthcare Services, Heritage Provider Network Clinical > Population Health Analytics > Member & Patient $43.06M Company earlysense.com EarlySense (2004, Ramat Gan) medhok.com MedHOK (2009, Tampa) evariant.com Evariant (2008, Farmington) kyruus.com Kyruus (2010, Boston) medcpu.com medCPU (2008, New York City) gnshealthcare.com GNS Healthcare (2000, Cambridge) Overview 50 Healthcare Analytics Report, July 2016 Interesting Late Stage Companies Company Apixio (2009, San Mateo) Overview Business Model Total Funding Providing solutions for healthcare organization by optimizing costs and outcomes. SSM Partners, Bain Capital, First Analysis Financial > Fraud, Waste and Abuse $41.88M Provides revenue management solutions investor.prudentialcapitalgroup.com Financial > Revenue Cycle Management $40.26M medigain.com MediGain (2004, Plano) syapse.com Syapse (2008, Palo Alto) Molecular profiling platform for diagnosing and treating patients S23P, Safeguard Scientifics, Ascension Ventures, Social Capital Clinical > Precision Health $39.5M mdrevolution.com MD Revolution (2011, San Diego) SaaS based predicitive analytics platform for patient engagement and outcomes improvement Bootstrap Incubation, Jump Capital, LLC, Jump Capital Clinical > Health Engagement > Patient Engagement > Personalized Care $33.6M sophiagenetics.com Sophia Genetics (2011, Lausanne) SaaS platform designed to perform routine diagnostic testing using genomic data analytics Swisscom, Endeavour Vision, A3 Angels, Invoke Capital Clinical > Precision Health $31.75M onshift.com OnShift (2008, Cleveland) Staff scheduling software for healthcare W Capital Partners, North Coast Angel Fund, Draper Triangle, Early Stage Partners, Jumpstart, HLM Venture Partners, Glengary, VelocityHealth, West Capital, DTVC Operational > Workflow $30.3M arbormetrix.com ArborMetrix (2011, Ann Arbor) Clinical analytics platform to measure and improve outcomes, quality and cost. RPM Ventures, Arboretum Ventures, Michigan Venture Capital Association, Renaissance Venture Capital Fund, Detroit Innovate, Wolverine Venture Fund Clinical > Care Quality $11.78M 51 Healthcare Analytics Report, July 2016 Top Funded Deadpooled Companies Company betterfit.com BetterFit (2011, Cambridge) epy.io Epy (2013, Brooklyn) insample.com InSample (2013, San Francisco) medivantix.com Medivantix Technologies (2011, Miami) Overview Personalized drug recommendation Highland Capital Partners, Techstars Customized community health forecasting application SaaS platform for healthcare performance analytics SaaS based tools to manage post-acute care 52 Healthcare Analytics Report, July 2016 Business Model Funding Amount Clinical > Precision Health $443k Clinical > Population Health Analytics > Community Health $120k Clinical > Care Quality Clinical > Health Engagement $100k 3 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 53 Healthcare Analytics Report, July 2016 Useful Links Slide Title Content Platform Link List of All Companies in readable format Companies Link Large Upcoming Sectors Entrepreneur Activity Link Niche Upcoming Sectors Entrepreneur Activity Link Top investments in last one year Investment Trend Link Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link Clinical – Most Funded Companies Sub Sector Understand Link Suite Solutions – Most Funded companies Sub Sector Understand Link Operational – Most Funded Companies Sub Sector Understand Link Financial – Most Funded Companies Sub Sector Understand Link Top Funded Deadpooled Companies Companies Link 54 Healthcare Analytics Report, July 2016 5 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 55 Healthcare Analytics Report, July 2016 Healthcare Analytics – Company List DETAILS 630+ COMPANIES (409 FUNDED AND 223 UNFUNDED COMPANIES) COVERS THE FOLLOWING SECTORS Suite Solutions Clinical Analytics 56 Healthcare Analytics Report, July 2016 Financial Analytics Operational Analytics Suite Solutions Clinical Financial Operational Suite Solutions (1/18) Company Performance Improvement Performance Improvement Details Funding Investors Flatiron Health [New York City, 2012]: Flatiron Health offers healthcare providers and cancer centers a common technology platform for organizing and analyzing real-world oncology data. The company's OncologyCloud platform includes the electronic medical record for oncology, an analytics section for business & $314.4M clinical intelligence, patient portal, and integrated billing management which allows cancer care providers and life sciences companies to track metrics related to cancer care, match patients to clinical trials and automate data collection. First Round Capital, IA Venttures, SV Angel, Google Ventures, Allen and Company, Stripes Group, Great Oaks Venture Capital, Casdin Capital, Roche, Baillie Gifford, Laboratory Corporation of America Holdings, BoxGroup Health Catalyst [Salt Lake City, 2008]: Health Catalyst provides multiple analytical products, services and applications like population health management, patient injury prevention, operational efficiency, performance monitoring and financial management for healthcare organizations. The company also designs, develops and delivers multiple data warehouse software and processes to help hospitals manage operational, financial, clinical, and research data. Sequoia Capital, Norwest Venture Partners, Tenaya Capital, EPIC Ventures, Sorenson Capital, Kaiser Permanente Ventures, CHV Capital, Partners HealthCare, Next Wave Health, Leavitt Partners, UPMC, Sands Capital Ventures $237M IBM, Summit Partners, SVB Financial Group, Pentland, Sands Capital Ventures Performance Improvement Modernizing Medicine [Boca Raton, 2010]: Modernizing Medicine is a practice management tool development company. The product, Electronic Medical Assistant (EMA), is a cloud-based, specialty-specific electronic medical record (EMR) system which thinks like a physician. The EMR technology is powered by deep learning and Machine Learning to extract information from patient data. with a library of built-in medical content, $97.74M designed to save physicians time. It is available as an iPad application or through web. The company claims to provide services to over 1,300 physician practices across the country. In 2013 Modernizing Medicine was listed on Forbes’ annual ranking of America’s Most Promising Companies. Performance Improvement MedeAnalytics [Emeryville, 1994]: MedeAnalytics analytics platform delivers intelligence to improve financial, operational and clinical performance. It helps HCOs detect their greatest areas of risk and identify opportunities to improve their financial health. Providers can segment patients by their ability to pay, determine which lines of service are most profitable, find cash that's been mis-allocated, move bad debt to charity care, avoid lawsuits and more. Emergence Capital Partners, Bain Capital Ventures, Industry Ventures, Kennet, Bain Capital 57 Healthcare Analytics Report, July 2016 $57M Suite Solutions Clinical Financial Operational Suite Solutions (2/18) Company Details Funding Investors Great Point Partners Performance Improvement iVantage Health [Portland, 2011]: iVantage Health Analytics' information products integrate market intelligence, quality and performance benchmarking with delivery platforms to help customers pinpoint key tactical advantages. It's analytics platform connects executive dashboards, hospital-and system-level market $24.18M analytics, GIS mapping, clinical benchmarking, physician scorecards and off-quality cost analysis to deliver new perspectives on critical business drivers. Pritzker Group, Baird Capital, GE Ventures, Math Venture Partners Performance Improvement Apervita [Chicago, 2011]: Apervita enables health professionals and enterprises upload health data on patients, performance, utilization, medication, billing, and claims to their platform. Users can secure, share, publish data in the Apervita marketplace for anyone to purchase. Institutes and Researchers can turn their paper-based medical algorithms into computable insights on readmission, compliance and disease specific insights, then $19.4M share or commercialize them. It also allows providers, payers & pharma players to take control of safety, quality, and enterprise performance. Users can see all their metrics at one place, monitor public reputation, share performance across teams, and access tools to drive improvement. Sante Ventures, Spindletop Capital, Square 1 Bank, Trinity Capital Investment Performance Improvement HNI Healthcare [Austin, 2009]: HNI Healthcare, formerly known as Hospitalists Now, is a technology-enabled physician practice management company that delivers physician programs with other solutions and services customized to client needs. The company's technology suite, VitalSigns, offers real time dashboards and analytics that support documentation integrity, helps improve operational and financial performance, provides $16.3M clinical communication that enhances clinical outcomes and operational results. Its recruiting program includes sourcing, interviewing, credentialing, hiring, and onboarding of new physicians. The company also focuses on the development of hospitalist leadership; and hospitalist infrastructure and administrative support services. Performance Improvement SCIO Health Analytics [West Hartford, 2007]: SCIO's consumer analytics provide actionable insights on consumers, helping healthcare organizations gain insight into consumer preferences and drivers affecting their behavior to streamline their experience and improve engagement. The company also offers SCIOMine, a $15.9M payment integrity analytics and audit workflow and reporting software suite that enables health managers to make informed decisions by identifying, investigating, and monitoring claims payment issues, errors, overpayments & others. Sequoia Capital, Saama Capital, SVB Financial Group, Health Enterprise Partners 58 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Suite Solutions (3/18) Company Details Funding Investors $15M BDC, Yaletown, BC Discovery Fund, CTI Life Sciences Fund Performance Improvement PHEMI Health Systems [Vancouver, 2013]: Phemi Health Systems offers Phemi Agile, a big data repository for single departmental implementations ranging from laboratory reports to patient information to gene sequences; Phemi Clinical, a customizable care management platform that improves clinic productivity and patient outcomes by automating ambulatory care processes; and Phemi Central, a big data warehouse that transforms data into analytics-ready digital assets for researchers, analysts, and administrators in healthcare and public sector organizations. $13M Peloton Equity, Zaffre Performance Improvement Arcadia Healthcare Solutions [Burlington, 2002]: Arcadia offers an analytics platform that integrates data from EHR platforms and uses that data to drive improvements in patient care quality, practice efficiency, and financial performance. Arcadia supports providers with benchmark data, quality improvement solutions to reduce care gaps. The company's analytics engine also offers patient and utilization management solutions to identify care gaps and high risk patients respectively. The company also helps in spotting claims & EHR documentation gaps and risk management factors to drive full value-based payments. $12M Noro Moseley Partners, Great Point Partners Performance Improvement Streamline Health [Atlanta, 1989]: Streamline Health (formerly known as LanVision Systems), through its Looking Glass platform, captures, aggregates and translates structured and unstructured data to deliver insights to its clients. The company claims its solutions help organization make smarter decisions by sifting through and analyzing masses of data from disparate systems. It offers solutions, such as Patient Engagement, Patient Care, Health Information Management, Coding and Clinical Documentation Improvement (CDI), and Financial Management. The Company sells its solutions and services in North America to hospitals and health systems, including physician practices. The company went pubic in 1996. $8M AME Cloud Ventures, Morado Ventures, Canvas Ventures Performance Improvement Viewics [Sunnyvale, 2009]: Viewics Health Insighter (VHI), a visualization and analytics solution provides clinical, operational, sales, and marketing teams with interactive dashboards for making day-to-day decisions. The company also offers Viewics Pulse, a Web-based data transparency and sharing platform that serves various data requirements of clients and their patients, payors, and providers. Its VHI is used for operational insights, financial management, clinical business intelligence, payor analytics, quality and compliance and performance management analysis. 59 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Suite Solutions (4/18) Company Performance Improvement Details Funding Agilum Healthcare [Franklin, 2005]: Agilum Healthcare Intelligence provides business intelligence (BI) solutions created exclusively for small to mid-sized hospitals and health systems. Solutions include productivity management, revenue cycle management, service line costing and profitability. Features include daily $7.65M integration of patient transactions, ADT, HIM, and contract modeling data, full-fledged cost allocation module, role based dashboards, BI to support case management and utilization management, volume indicators such as admissions and procedure counts. Investors Relevance Capital, Trinity Capital Investment Cogitativo [Berkeley, 2014]: Cogitativo uses analytical and machine learning methods to offer a Data Scienceas-a-Service platform for the healthcare industry. The company does not offer tools or dashboards to their clients but uses a challenge based learning approach to assist clients in discovering and analyzing healthcare system behaviors. The company caters to payers and providers. $7M $6.1M Performance Improvement QualMetrix [Miami, 2012]: QualMetrix offers QM(x) Enterprise Analytics platform that refines, integrates, and delivers enterprise, legacy & claims data; and QM(x) Actionable Cost Metrics tool for actionable items, reports, and care cost discovery. It also offers QM(x) Provider Deviation Analytics that enables medical directors to deal with deviation and patient care across providers, payers, and employers. The company also provides ICD-10 Impact Analytics that delivers a cogent risk assessment of data, showing the most impacted specialties, member and provider groups, diseases and conditions, and overall revenue risk. $5M Summation Health Ventures Performance Improvement Health Care Dataworks [Columbus, 2008]: Through KnowledgeEdge product suite, including its enterprise data model & analytic dashboards, Health Care DataWorks (HCD) delivers an Enterprise Data Warehouse necessary for hospitals and health systems to effectively and efficiently gain deeper insights into their operations. The benefit to hospitals and health systems is that they are provided with a broad and seamless view of financial, administrative, clinical and research data for easy analysis and timely decision making. Medusa Medical [Halifax, 1996]: Medusa's Siren suite is a software solution that enables paramedics to capture patient's pre-hospital data, chart patient care and share information in real-time, manage electronic Patient Care Reporting (ePCR) workflow and analyze patient data. Siren helps healthcare organizations realize clinical and operational benefits to improve performance and quality. $3.5M Innovacorp, Technology Ventures, Canadian International Capital Performance Improvement Performance Improvement 60 Healthcare Analytics Report, July 2016 Marble Bridge Funding Group Suite Solutions Clinical Financial Operational Suite Solutions (5/18) Company Details Funding Investors $3M SCASurgery Performance Improvement Arrowlytics [Charlotte, 2014]: Arrowlytics dashboard helps healthcare organizations by aggregating data from various platforms into one system and analyzing it with a single tool. It creates Key Performance Indicators (KPI) across an organizations data, to help them monitor the clinical, financial and operational aspects of their business. Using the KPI’s, a company can set measurable goals and objectives to benchmark and drive performance within the organization. Performance Improvement Aridhia [Edinburgh, 2008]: Aridhia offers a data and analytics platform, AnalytiXagility, which is an on-demand collaborative workspace for healthcare, precision medicine and biomedical research communities. The software platform developed by Aridhia allows large amounts of health data to be analysed to help support treatment of $1.64M patients. The company claims that by partnering with Aridhia, healthcare providers, payers and academic research organisations can leverage their data to improve patient care, reduce cost and target investments based on evidence. The platform is offered as a monthly subscription. Performance Improvement ABILITY Network [Seattle, 1997]: OCS HomeCare (originally a product Outcome Concept Systems) enables home health and hospice providers with patient experience and outcomes analytics. The company claims the software helps in reducing readmission, identifying data performance opportunities that increase revenue, reduce costs, boost referrals and improving clinical outcomes. Features include: Clinical Management, Strategic $506.58K Benchmarks, Executive Dashboards, Hospitalization Insights, Operational Reporting, Strategic Reporting, Risk Management. National Research Corporation acquired OCS in 2010 and in 2015 OCS HomeCare was bought by ABILITY Network Performance Improvement Performance Improvement PYA Analytics [Knoxville, 2013]: PYA Analytics is a data analytics company that links Electronic Health Records and insurance claims data to provide data analytic insights and simulation modeling. The company also offers big data architecture and management consulting. The company aims to help healthcare providers, health plans, and healthcare organizations understand strategies to reduce total costs and improve quality and efficiency. $500k Real Time Medical Systems [Coraopolis, 2011]: Real Time Medical Systems (RTMS) offers real-time, predictive clinical and financial analytics dashboards that help skilled nursing facilities to improve outcomes, reduce readmissions and maximize reimbursements. Products include: TranSights Clinical, a CDSS that provides care staff with clinical alerts and intervention recommendations; and TranSights Financial, a dashboard that displays real-time ADL scoring metrics highlighting opportunities for increased reimbursements. $435k 61 Healthcare Analytics Report, July 2016 Scottish Equity Partners Suite Solutions Clinical Financial Operational Suite Solutions (6/18) Company Details Grotech Ventures, Welsh, Galen Partners Performance Improvement MedAssets [Alpharetta, 1999]: MedAssets is a healthcare performance improvement company that provides technology-enabled products and services to healthcare organizations. Offers clinical, operational and revenue cycle analytics. Its Spend and Clinical Resource Management (SCM)segment delivers market insight, performance improvement advisory and cost management capabilities to healthcare providers. Its Revenue Cycle Management (RCM) segment provides revenue cycle management solutions to healthcare providers, primarily hospitals and health systems. The company offers its technological solutions in a SaaS model. MedAssets was acquired by Pamplona Capital Management for $2.7B in 2015. InvestMichigan, Conrad N. Hilton Foundation, Veritas Capital Performance Improvement Truven Health [Ann Arbor, 2012]: Truven Health Analytics provides healthcare data integration and analytics solutions and services. It offers population health and cost analysis, performance management, payment integrity and compliance, patient care, market analysis, claims management, and research solutions. It serves various customers, including state and federal government agencies, hospitals, health systems, employers, health plans, and life sciences companies and consumers. The company was formerly the Healthcare Business of Thompson Reuters (started in 1985) and was acquired in 2012 by Veritas Capital for $1.25 Billion. In February 2016, IBM announced plans to acquire Truven Health Analytics for $2.6B, to support its Watson Health unit. Keiretsu Forum Performance Improvement WhiteSpace Health [Durham, 2014]: WhiteSpace Health is a provider of data analytics and cloud-based healthcare intelligence. The company’s main product offering is WhiteSpace Cloud, a healthcare intelligence platform for integrating structured and unstructured data generated within a physician practice or hospital. The features offered by the platform are: Practice Engagement—provides visibility into patient communication modes and engagement techniques; Practice Performance—provides operations metrics in customized dashboards; Practice Financial—provides near real-time information about cash flow and revenue cycle management; Practice Survey—provides the option of using standard CAHPS surveys or deploying the practice’s own customized surveys for obtaining feedback; Physician View – provides the ability to establish a unique set of metrics specifically for clinicians to give them access to the information administrators need them to have. The company claims its solutions help healthcare providers improve patient engagement, reduce cost, improve productivity and also meet the reporting of core measures. Has offices in Seattle and Durham. Strategic partnership with Medfusion. 62 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (7/18) Company Details Marlin Equity Performance Improvement SigmaCare [New York City, 2005]: SigmaCare partners with long-term and post-acute care (LTPAC), senior living, home health and hospice providers to achieve success in their local markets by delivering a technology platform featuring: electronic health record (EHR) with clinical decision support, analytics, financial and referral source management solutions. The EHR platform provides real-time clinical and business intelligence and the Referral Source Management solution, delivers tools and intelligence to discover hidden referral sources, improve census and optimize reimbursement. OMERS Private Equity Performance Improvement Logibec [Montreal, 1982]: Logibec offers solutions for development, marketing, implementation and support of clinical and administrative information systems. Offers Clinibase, which captures, analyzes, and manages patient information; Artefact, an emergency, pharmacy, and radiology information management system; Espresso, a solution for human resources, and financial and materials management; business intelligence solution for data integration, transformation, and analysis across clinical and operational systems and platforms; and consulting services to assist healthcare facilities. Also offer a suite solution named Med-GPS for Managing patient flow, Activity based costing, major user management (identification, prioritization and tracking of cohorts), performance analysis (reports, alerts, gap analysis, key performance indicators), Demographic and management of public health analysis, Process mapping (workflow, analysis of delays). Claim to be one of Canada's largest companies specialized in this sector. Sequoia Capital, Poplar Ventures Performance Improvement ZirMed [Louisville, 1999]: ZirMed provides a suite of cloud based solutions that help healthcare organizations optimize patient outcomes and reimbursement. ZirMed uses predictive analytics technology to extract actionable insights and improve revenue cycles, support population health management, streamline workflows, increase operational efficiencies. The company also provides cloud based claims management solutions and clinical and performance management solutions The company caters to mainly provider organizations, billing and medical services companies. Performance Improvement Inovalon [Bowie, 1998]: Inovalon provides data-driven healthcare solutions to help identify gaps in care, quality, and data accuracy at patient-specific levels. Inovalon combines cloud-based analytics and data driven intervention platforms to gain insights that drive clinical, quality and financial performance. The company also offers data warehousing and business intelligence solutions. Inovalon caters to health plans, ACO's, hospitals, physicians and consumers 63 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (8/18) Company Performance Improvement Details Temporal Health [Brooklyn, 2014]: Temporal Health offers a data aggregation and analytics platform for deriving insights from large healthcare databases. Temporal Health also enables communication of insights derived from the datasets to clinicians, patients and researchers. Performance Improvement Healthcare Enterprise Metrics [Saint Louis, 2015]: Health Enterprise Metrics is a web based analytics provider of enterprise systems for healthcare insurance companies. Its technology offers cost reduction and improves communication across multiple healthcare insurance company departments to achieve strategic company goals. The offering includes solutions for provider contracting, underwriting, post claim investigation unit and complaince. The founder also founded one of the most notable anti-fraud systems named AppIntelligence. Performance Improvement eRx Solutions [Bangalore, 2015]: eRx Solutions provides SaaS products for imprving patient-doctor engagement. eRx Appointments allows to book an appointment online or by calling with doctors at multi doctor clinic/hospital with email/SMS confirmation. Reminders and summaries are sent on daily basis to the doctor and patients. eRx Prescription allows doctor to write and send error-free, accurate, and understandable prescriptions electronically to patients, pharmacy, labs etc from anywhere. software hosted on amazon cloud platform. Other solutions such as eRx HealthAnalytics help organizations to reduce costs, improve coordination & outcomes, and be more patient centric. Performance Improvement Healthnx [Pune, 2015]: HealthNX is an open healthcare platform which lets small and medium healthcare enterprises setup their cloud based hospital services. Patients can store and access the medicals records on the go, while the platform offers EMR/EHR interoperability for better workflows and data transfer. The platform will also feature and AI and machine learning capabilities to provide actionable insights to doctors. 64 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (9/18) Company Details Performance Improvement MDLytix [San Francisco, 2011]: MDLytix provides a cloud-based platform through which it offers health analytics and professional services. The company claims to leverage data science, machine learning, and predictive analytics to provide actionable insights for patients, physicians, providers, and payors. Currently, MDLytix is focused on building data science platform for cancer and diabetes conditions. Solutions it offers include: EMR Analytics, Practice Management, Physician Productivity, Patient Experience, Claims Analytics, Revenue Cycle Management, Readmission Risks, and Clinical Data Analytics. Services offered include: Population Healthcare Analytics, Health Predictive Analytics, Health Data Science and Machine Learning, Health Data Ontology and Taxonomy, A/B and Multivariate Test Platform, Advanced Data Analytics, Performance Management / Process Improvements, Agile analytics development & productization Performance Improvement AllegianceMD [Tulsa, 1996]: AllegianceMD offers a web-based solutions that includes EMR, practice management and medical billing software. The company claims that its solution uses Artificial Intelligence. Features include: Electronic Medical Record, E-Prescription, Evidence-based clinical knowledge, E-Lab, Automated Transcriptionist, Advanced Scheduling, Electronic Appointment Reminder, Patient Portal, Medical Billing Software, Electronic Statement, Electronic Eligibility, Electronic Claims & Remittance, Claim Scrubbing, Electronic Remittance Advice, Dashboard and HIPAA certification. Performance Improvement Performance Improvement Cedar Gate [Greenwich, 2014]: Cedar Gate Technologies It offers value based healthcare, prescriptive analytics, and enterprise management solutions. It provides solutions in the areas of revenue improvement, clinical pathways, network optimization, patient populations, referrals, and others. The company serves ACOs, IDNs, hospital and physician groups, and others. Health Data and Management Solutions [Chicago, 1995]: Health Data and Management Solutions (HDMS) offers web-based analytics and reporting tools for employers, health plans, providers and consultants. It offers DART, an online data analysis and reporting tool to analyze and detect trends and opportunities. Analysis tools include: CareShield, for analyzing Plan performance against benchmarks; Forecast, a benefit modeling module for comparing existing plans; and Periscope for delivering timely information. Reporting tools include Arrow, a reporting package that includes customizable standard reports and charts; Catapult, for performance reports and Compass, a cost and utilization dashboard tool. The company is currently part of Healthagen, an Aetna Company. Prior to acquisition by Aetna, HDMS was a subsidiary of ActiveHealth. 65 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (10/18) Company Details Performance Improvement dashboardMD [Miami, 2006]: dashboardMD is a cloud provider of integrated clinical analytics, financial analytics, and operational business-intelligence reporting solutions for provider organizations. The company's plug-n-play reporting suite includes: enterprise roll-up reporting, daily interactive dashboards, scheduled reports via email, performance scorecards, user-defined alerts, predictive analytics, and ad-hoc analysis tools. Also offers it solution using smartphones. Claims that its turnkey-management model provides insights that simplify revenue cycle monitoring, report distribution, and one-off analysis reporting. Performance Improvement CUBIT [Nashville, ]: Cubit offers a customized Healthcare Business Intelligence and Data Analytics solution to hospitals, practices, payers, and ACOs. Features include: Finance Analytics - Understand reimburesementsm Identify potential documentation issues, compare payers and analyze services lines for profitability; Case Management Analytics - Length of Stay, Case Mix Index, Readmissions, Hospital acquired conditions and infections and ED frequent flyers. Performance Improvement Vantage Point HIS [Danbury, 1989]: Vantage Point Healthcare Information Sytems (currently known as Indegene Smartcare) offers Smart Care, a health analytics and business intelligence platform. The platform uses predictive analytics to help healthcare organizations manage and execute pay-for-performance, finacial risk analysis, clinical quality and risk management, contract negotiations, resource utilization, provider profiling, and benchmarking capabilities. Its data warehouse and BI/analysis/reporting suite is delivered either as a licensed set of modules or as a subscription based service model. The company serves health plans, providers and ACOs. The company was acquired by Indegene Healthcare in 2015. Indegene SmartCare operates as a subsidiary of Indegene Healthcare. Performance Improvement PotentiaMetrics [Austin, 2007]: PotentiaMED is a cloud-based platform that provides a suite of analytics and big data tools, to payers, providers and medical technology companies. The company uses comparative effectiveness analysis and predictive analytics to provide insights. The tools are designed to bring about clinical, business and market related outcomes to their clients. PotentiaMED is part of PotentiaMetrics. 66 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (11/18) Company Performance Improvement Details Analytical Informatics [Baltimore, 2011]: Analytical Informatics offers a suite of web-based analytical tools which are available as part of the AI Application Marketplace. Tools include: AI Quality, AI Productivity, AI Report Search, AI Resource Utilization and Resident Worklist, The tools offered by Analytical Informatics are created by universities, the company's partners and their own in-house developers. Performance Improvement channel(H) [San Francisco, 2015]: Channel(H) is a personalized healthcare interface platform that helps patients to manage their health records at one place and provides healthcare service providers with patient revenue management solutions. It's platform's API support the accessibility and use of electronic health information by individuals. Current services within the platform include direct payments, real time appointments, insurance eligibility & benefits, population analytics, patient service revenue analytics, automated marketing, medical content aggregation, nutritional education, and recipe recommendations. Providers can publish daily content or "to-do's"channel(H) patient activation graph (H) INSIGHT provides access to patient claims, device use, and behavior, across multiple data sources. Their graph technology maps events, transactions, and interactions for the entire patient population and for the individual patient. Channel(H) collects individual personal health information from multiple data sources and links those events to micro-services. Each micro-services is a transaction, and with their point of sale system, they earn a commission or wholesale spread on each completed transaction. A subscription-based service for clients. Performance Improvement CareFacets [Atlanta, 2014]: CareFacets’ offerings provide insights on business and administrative functions to its payer and provider customers. Through the use of CareFacets’ solutions, customers manage and provide better care to the patients, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle processes. For insurers, it supports in managing the claims process with tremendous insights based on the customer data. 67 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (12/18) Company Details Performance Improvement IntrinsiQ Specialty Solutions [New York City, 1990]: IntrinsiQ Specialty Solutions is the leading provider of electronic health records, financial management solutions, and pharmaceutical analytics in the independent physician specialty market. They claim to provide software solutions to over 6,000 specialty physicians across the United States and provide analytic services to the majority of major pharmaceutical and biotech companies with specialty drug products. IntrinsiQ Specialty Solutions utilize real-world market intelligence to transform complex healthcare data into actionable business intelligence, which healthcare stakeholders use to enhance overall patient care and create efficiencies within their particular business. The company offers IntelliDose, a clinical software application that tracks and manages chemotherapy treatments and workflows; IntelliDose TxM is a Web based platform that provides chemotherapy order management, nurse charting, and charge capture as well as the capability to integrate with an electronic health record (EHR) application; and meridianSPECIALTY System, an oncology electronic medical record (EMR) with an integrated chemotherapy management module. Volume-to-Value Alignment Healthcare [Orange, 2013]: Alignment Healthcare provides a framework for population health transformation by combining an advanced clinical model, IT and enablement platform, risk experience, and capital. IT & enablement platform help in optimizing and predicting healthcare outcome opportunities with big data in real time and population initiatives. Risk Experience includes solutions for revenue optimization, care management, claims adjustment etc. The company serves hospitals, physician groups, and health plans. They also have Alignment Healthcare Centers within the communities they serve. Volume-to-Value Funding Investors $125M General Atlantic Evolent Health [Arlington, 2011]: Evolent Health, founded in 2011 and offered IPO in 2015, provides healthcare technologies and services that improve clinical, operational and business outcomes. The company’s services $121.28M include providing customers with a population management platform, integrated data and analytics capabilities, pharmacy benefit management services, and comprehensive health plan administration services. 68 Healthcare Analytics Report, July 2016 Advisory, TPG Growth, TPG Global, UPMC Health Plan Suite Solutions Clinical Financial Operational Suite Solutions (13/18) Company Details Funding Investors $112M General Atlantic Volume-to-Value CitiusTech [Princeton, 2005]: CitiusTech offers a range of analytical solutions that include: BI-Clinical, the healthcare analytics platform of CitiusTech, offers capabilities for shared risk management, population health management and care co-ordination; provides predictive analytics tools such as Readmission Management, Claim Analytics, Bundled Payments, Population Viewer and Value-Based Purchasing; and Offers clinical, financial, operational and regulatory reporting. CQ-IQ, a cloud-hosted clinical rules engine that offers Clinical Quality Measures computation capabilities. H-scale, A SaaS based delivery model dor big data processing and analytics. Also offers services such as: healthcare software development, healthcare interoperability, Meaningful Use compliance, BI / analytics, care management and consumer health. Volume-to-Value Remedy Partners [Darien, 2011]: Remedy Partners provides a tech-enabled care coordination platform. It addresses the public health issues that arise when transitioning patients between providers and sites of care by developing and managing episode programs with hospitals and health systems, healthcare payers, and ACOs. Remedy Partners enables healthcare providers in developing and operating patient-centric episodic payment $96.15M programs, by leveraging an integrated approach relying on communication technology, health intelligence and financial analytics. The team includes executives from HealthMarket, a commercial insurance episode program launched in 2000 that was the first health insurance plan to rely upon episodes to define and manage risk. Volume-to-Value Centauri Health Solutions [Phoenix, 2014]: Centauri Health Solutions’ offers a suite of products with a technology platform, consisting of data integration, data analytics, workflow software and reporting / business intelligence software. From this core technology platform, they offer medical record retrieval, medical record coding, health risk assessments and quality measure gap closure. They deliver data-driven services, private cloud-based software solutions, and comprehensive data management designed specifically for risk adjustment and quality-based revenue programs. They claim to improve member outcomes and financial performance for health plans and at-risk providers by supporting initiatives in risk adjustment, RADV risk mitigation, HEDIS®, and Star Ratings.Centauri Health Solutions focuses on revealing care opportunities through our suite of products and services. 69 Healthcare Analytics Report, July 2016 $50M Bain Capital Ventures, TomorrowVentures, Bain Capital, Spring Lake Equity Partners Silversmith Capital Suite Solutions Clinical Financial Operational Suite Solutions (14/18) Company Details Funding Investors Volume-to-Value StartUp Health, Heritage Group, Aver [Ohio, 2010]: Aver provides predictive pre-payment scoring technology. The company provides bloom, a Angels on the Water, Wisconsin platform that consumes data sources, such as administrative claim, clinical, pharmacy, as well as provides Investment Partners, Silicon Pastures, visibility into data by allowing the payor and provider to design, model, and implement cost and quality $24.4M Cardinal Health, NCT Ventures, Hearst interventions to improve member care. It also offers payment validation services, such as pre and post-payment Communications, U.S. Oil, ZyQuest, validation, episodic payments, and clinical collaboration and management services, which comprise ACO, Drive Capital, GE Ventures, HealthX episodes of care, medical review strategy, population and utilization management. Ventures Volume-to-Value Mediquire [New York City, 2013]: MediQuire is a performance management platform that leverages data (clinical, claims, demographic and others) to derive powerful insights about operational and clinical performance gaps of individual clinicians and provides the tools to clinicians and patients in order to close those care gaps $4.88M daily. Healthcare organizations are empowered to meet their ultimate goals of healthier patients, manage risk and realize opportunities for revenue generation and improved operational efficiency. Volume-to-Value Healthagen [New York City, 2008]: Healthagen offers population health management, clinical care management, and value-based risk solutions to HCOs. PHM solutions include: Advanced analytics, patient engagement, network management, data exchange and organization. Clinical care management solutions include: clinical insight, care collaboration, care management, social caregiving and wellness and engagement. Value-based risk solutions includes: patient and member growth, and health plan administration services. It serves enterprise health systems, community-based healthcare markets, independent physician groups, employers, provider organizations, payers, and consumers. Healthagen were the developers of iTriage mobile app. The company was acquired by Aetna in 2011. Volume-to-Value HealthUnity [Bellevue, 2004]: Health Unity is an end-to-end solution provider for health information exchange. They provide the technology and infrastructure required for connecting healthcare entities. The company's offers solutions like HealthyReferrals (a referral management software) and HealthySite (a patient portal) that $2.85M enables efficient care coordination. Health Unity also offers solutions like HealthyBase (analytics and data warehouse solution ) and Master Person Index (patient matching software) for implementing population management solutions. 70 Healthcare Analytics Report, July 2016 Clayton Associates, Blueprint Health, Volcano Capital $3M Relay Ventures Suite Solutions Clinical Financial Operational Suite Solutions (15/18) Company Details Funding $2.2M Volume-to-Value SpectraMedix [Princeton, 2009]: SpectraMedix provides solutions that enable care providers to improve performance and outcomes while transitioning to pay for performance and risk-based payment models.The SpectraMedix 360 platform includes eMeasures360 for quality measures calculation, and identifying gaps in care; PredictiveCare360 for facilitating risk-based initiatives; and AccountableCare360 for collecting, analyzing and reporting data for the ACO measure set. Volume-to-Value WhiteCloud Analytics [Boise, 2009]: WhiteCloud Analytics designs, develops, and implements analytic solutions for healthcare systems. It provides clinical solutions that offer performance insights across clinical care processes; operational solutions, which provide daily visibility into operational performance and the key metrics $1.51M needed to assess efficiency and effectiveness in the organization; and financial solutions that remove unnecessary data and eliminates excess reports. The company also offers consulting services to healthcare providers, Volume-to-Value MedTel [New York City, 2011]: Medtel offers a cloud-based solution for improving surgical workflow by providing an automated surgical dashboard and analytics. Its purpose is to overcome gaps within a hospital’s IT systems where the coordination of surgical procedures is handled via paper and telephone leading to costly consequences. Medtel uses analytics to manage clinical and financial risks as well as track procedural costs and results. Volume-to-Value Volume-to-Value Connance [Waltham, 2007]: Connance offers cloud-based predictive analytics technology to help providers optimize their clinical and financial workflows. Revenue cycle solutions include: Patient pay optimization, claims optimization and vendor management. Population health solutions include: Re-admissions, care transitions and bundled payments. Axiom Health Intellect Systems [Bangalore, 2011]: Axiom Health Intellect Systems' flagship product BI-Focal is a hospital analytics and BI platform supporting the needs of hospital executives and healthcare IT vendors. BIFocal has pre-built KPI’s and metrics divided into clinical, financial, operational and compliance modules enabling hospital executives to identify and plug inefficiencies there by improving outcomes and optimizing spending. The platform has a real-time alert engine with data mining algorithms for predictive analysis. 71 Healthcare Analytics Report, July 2016 Investors $87k North Bridge, KINDRED PARTNERS, Flare Capital Partners Suite Solutions Clinical Financial Operational Suite Solutions (16/18) Company Details Volume-to-Value HealthVertex [Monroe, 2014]: HealthVertex, offers HealthAccord a cloud based collaboration platform to payers and providers for enabling Value Based Care Delivery models. It offers a common data view, shared business processes and predictable accountable care program outcomes. Features include: Member/Patient Attribution, Quality Manager, Financial Manager, Operations Dashboard, Patient Engagement and Analytics, Incentive/penalty calculation. Payers will host this platform for their ACO/PCMH providers Volume-to-Value Conifer Health Solutions [Frisco, 2008]: Conifer Health Solutions provide a suite of solutions for value-based care solutions to health care organizations. Provide solutions focused on managing Consumer Experience, Revenue Management, Clinical Revenue Integrity & Health Information Management, Clinical Integration & Physician Alignment, Population Health Management and Financial Risk Management & Health Plan Operations. Offer product - ConiferCore Outcomes Optimization, a care coordination software suite to manage the health of high-risk populations. Claim that their platform integrates with more than 200 fitness devices including those manufactured by FitBit and Jawbone. Claim to partner with more than 800 health care organizations, managing over 25 million patient interactions, and more than $28 billion in net patient revenue. Volume-to-Value Gennius [Waltham, 2002]: Gennius is a healthcare technology company that offers an analytics platform, Gennius Metrics Intelligence Platform, which provides the technical readiness required by Accountable Care Organizations. The platform is an integrated data warehouse and analytics solution that includes features like: Quality metrics for event based outcomes measures and patient based prevention, process and outcomes measure; Population health programs for control of chronic disease and case management of high risk/cost individuals; Utilization for referral management and provider variations; Identify potentially avoidable readmissions; and Contracting for tracking patients/populations to budget and tracking bundled payments . The company serves provider networks, hospitals, managed care, payer organizations and health information exchanges. The company was acquired by Quality Systems in 2015. Volume-to-Value Better Outcomes [Cambridge, 2015]: Better Outcomes is a digital health company that offers a software platform which helps organizations manage value and outcomes-based payment models. Features include: Actionable insights for improving clinical, financial and operational performance; Automates PRO collection with a mobile first/consumer engaging approach; Generates condition scores for the hospital, provider and the patient; Works standalone or fully integrated with major EMRs; and Provides predictive capabilities that will lower risk and improve financial performance under CJR 72 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (17/18) Company Volume-to-Value Details G2 Works [Panama, 2014]: G2 Works provides packaged analytics offerings such as Recovery Audit Contractor (RAC) audits, Value-Based Purchasing, Meaningful Use that increase revenue and maximize reimbursement. G2 works also provide broad-based analytics solutions by analyzing hospitals data to deliver solutions for a variety of clinical, financial or operational issues. Volume-to-Value Avalere Health [Washington D.C., 2000]: Avalere Health is a provider of data-driven advisory services and business intelligence solutions. It offers reimbursement and product commercialization, health economics and outcomes research, data analytics and modeling, health insurance and reform, and financial services. The company also provides EBM Navigator, a suite of online tools that delivers intelligence for strategic and tactical support to help clients to anticipate market and regulatory change in evidence-based medicine. It serves health plans, health providers, healthcare organizations and research institutions. As of September 2015, Avalere Health operates as a subsidiary of Inovalon. Volume-to-Value Verisk Health [Waltham, 1997]: Verisk Health’s broad solution suite is designed to help health plans employers, providers, and other risk bearing entities better understand the health and risk of their populations to improve quality, reduce costs, ensure payment accuracy, and support compliance. From effective population health management, quality reporting, revenue accuracy, and chart retrieval to tackling fraud, waste, and abuse, Verisk Health is committed to answering the unique challenges of its clients. Verisk Health is a subsidiary of Verisk Analytics. Volume-to-Value ORIZON360° [Davie, 2003]: Orizon360° is a healthcare company that offers web-based analytics solutions. The company's Rockerbox analytics platform is designed for population management, financial performance management and quality and compliance. It includes: disease management, quality improvement, identify costly referral patterns, verify claims paying accuracy. It also offers solutions like HEDIS Management, Medical Risk Scoring, Encounter Management, Risk Ledger Manager. The company caters to payer and provider markets. 73 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Suite Solutions (18/18) Company Details Volume-to-Value CECity [Homestead, 1996]: CECity is a healthcare analytics vendor that offers software which helps physician practices with performance management, pay-for-value reporting and professional education. CECity combines its CMS-qualified PQRS (Physician Quality Reporting System) registry and Big Data analytics platform with education and improvement interventions. CECity was acquired for $400M by Premier in 2015. At the time of acquisition CECity claimed to serve over 1.2 million healthcare professionals; over 5,000 practices; and 100 professional societies, quality improvement organizations and certifying boards Volume-to-Value Visualize Health [Brentwood, 2015]: Visualize Health provides a software that helps in visualization of a medical practice's key performance indicators to a physician, practice administrator, or plan administrator. The HIPAA compliant software offers interactive graphical feedback on a Provider's compliance against their quality based and value based performance metrics and to ensure that EHR is reflecting their work. Offers insights into the patient population and patient's health charts to identify gaps in care ad document accuracy. Claims to provide near real-time visualization. The software can be accessed through a web-based browser or mobile device. 74 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (1/95) Company Details Funding Investors Population Health Analytics Qualcomm, IBM, Bessemer Venture Partners, New Enterprise Associates, Qualcomm Ventures, Emergence Capital Partners, InterWest Partners, Welltok [Denver, 2009]: Welltok provides solution to population health managers to engage consumers along Flybridge Capital Partners, EDBI, with providing incentives. It provides a health optimization platform, CaféWell, is a collection of resources and Miramar Venture Partners, Georgian programs that drives consumer engagement through a novel combination of social, gaming and personalized $151.5M Partners, HLM Venture Partners, activities. Welltok provides population managers with a platform-as-a-service solution that enhances revenue Okapi Venture Capital, Hearst growth, improves administrative efficiency and delivers health care value. Communications, The Entrepreneurs' Fund, Catholic Health Initiatives, Miramar Ventures, Flare Capital Partners $63M Population Health Analytics Humedica [Boston, 2008]: Humedica, acquired by Optum health, provides analytics solutions for healthcare providers to create a longitudinal view of individual patients and patient populations by gathering, normalizing, and analyzing data from EHRs, practice management, claims data. The company offers Optum One intelligent health platform that enables providers to manage patient populations; and Humedica’s NorthStar, a clinical intelligence platform that is designed to offer in-depth insights into clinical drivers of care. Bain Capital Ventures, General Catalyst Partners, North Bridge, Bain Capital, Leerink Partners $45M Population Health Analytics Valence Health [Chicago, 1996]: Valence Health provides clinical integration, population health, and valuebased care solutions to health systems, hospitals, ACOs. Its software solutions and services include value-based consulting, vision platform that transform clinical and financial data into actionable insights, quality measurement, cost and utilization, data collection, vElect for IPAs contract administration. The company also offers value-based managed and actuarial services. North Bridge, Heritage Group, GE Ventures, Flare Capital Partners Population Health Analytics GNS Healthcare [Cambridge, 2000]: GNS Healthcare offers MAX(Meaningful Actions Accelerator) Care Management Architecture and patented REFS(Reverse Engineering and Forward Simulation) inference engine allowing health plans, providers, and biopharma companies to plan, implement and measure interventions that $43.06M benefit individuals and drive population-level ROI. These cloud-based solutions are being deployed to improve outcomes associated with medication non-adherence, metabolic syndrome, diabetes, pre-term birth, and specialty care medications. 75 Healthcare Analytics Report, July 2016 Cambia Health Solutions, Celgene, Alexandria Real Estate Equities, Mitsui, Horizon Healthcare Services, Heritage Provider Network Suite Solutions Clinical Financial Operational Clinical (2/95) Company Details Funding Population Health Analytics Phytel [Dallas, 1997]: Phytel (acquired by IBM) offers physician-led population health management solutions. The company provides physicians with technology that helps reduce readmissions and total cost of care, increase patient engagement and patient satisfaction and measure quality and outcome. Phytel uses evidencebased chronic and preventive care protocols to identify and notify patients due for service, while tracking $40.35M compliance and measuring quality and financial results. Products offered: Phytel Atmosphere, Phytel Outreach, Phytel Insight, Phytel Coordinate, Phytel Engage, Phytel Transition and Phytel Remind. The company caters to ACOs, physician practices, hospitals, health systems, community health centers and IDNs. Population Health Analytics XG Health Solutions [Columbia, 2013]: XG Health Solutions offers care management software, population health data analytics and propriety apps which includes cost, clinical quality, bundled payments analytics. They offer technology for care team training and education, care management platform, clinician-designed apps that are embedded into workflows The company also offers interpretation and reporting, patient- and populationfocused care management, health information technology optimization, and TPA services. Population Health Analytics Lyra Health [Burlingame, 2015]: Lyra Health is developing a platform to identify people with behavioral health conditions. The company works with employers and health plans to address the population of people with underdiagnosed behavioral health conditions. It claims to use analytics technology to identify people at risk of $38.1M substance abuse or mental illness; software to match patients with the right providers and treatments; big data to assess treatment outcomes and understand what works; and software on the provider end to help doctors and therapists diagnose patients. Population Health Analytics Blue Health Intelligence [Chicago, 2010]: BHI builds predictive models to support care management, identify atrisk patients and determine appropriate levels of care and effective disease management programs. BHI claims to hold America's largest source of healthcare data and analysis. Data used for BHI analytics undergoes four levels of certification to ensure strong foundation of statistically reliable data. BHI offers to help clients keep up $37.4M the with latest medical trends, create market comparison reports and benchmarks, evaluate geographic variations and comparative effectiveness studies. BHI is the trade name of Health Intelligence company, an independent licensee of the Blue Cross Blue Shield Association. 76 Healthcare Analytics Report, July 2016 $40M Investors Polaris Partners, Caris Ventures Oak Investment Partners, Geisinger, Oak Investment Partners Greylock Partners, Venrock, Castlight Health, Breyer Capital, Origin Capital Partners Suite Solutions Clinical Financial Operational Clinical (3/95) Company Details Funding Investors Population Health Analytics Google Ventures, Data Collective, Undercurrent, Capricorn, Industry Metabiota [San Francisco, 2008]: Metabiota delivers actionable, data-driven insights that help countries, Ventures, Obvious Ventures, governments and corporations manage and mitigate infectious diseases. Metabiota aims to assess and respond $33.4M SharesPost, HVF Labs, Rosemont to infectious disease threats through pathogen discovery, disease detection, and threat characterization using Seneca Partners, Tao Capital Partners, data analytics. Global Asset Limited, WP Global Partners Population Health Analytics Enli Health Intelligence [Beaverton, 2002]: Enli Health Intelligence, formerly Kryptiq, is a healthcare company that provides a population health platform to care teams. The platform helps care teams to identify, stratify, and prioritize gaps in care. The technology solutions include EMR integrated decision support tools, data SmartForest, Voyager Capital, Shelter $29.57M aggregation and an analytics engine to interpret clinical and financial data. Enli analytics are delivered through a Capital Partners cloud-based service model. The company was acquired by SureScripts in 2012 and became independent again in 2015. Population Health Analytics MedVentive [Waltham, 1997]: MedVentive (acquired by McKesson Corporation) provides technology solutions Core Capital Partners, HLM Venture that enable physician groups, health plans and self-insured employers to understand and manage the quality, Partners, Excel Medical Ventures, CHV cost and efficiency of providing patient care. Solutions offered: MedVentive Population Manager, a clinical tool $28.4M Capital, Long River Ventures, clinical integration and population management; and MedVentive Risk Manager, helps to analyze an improve Ascension Ventures, Summation cost and quality challenges. MedVentive was formerly known Provider Service Network. Health Ventures Population Health Analytics Medivo [New York City, 2010]: Medivo is a healthcare data analytics company that analyzes lab data and shares its findings with the medical community. Medivo claims to have access to over 150 Million patients through its network of partner labs. The company caters to payers, labs and pharma companies. It helps payers identify under performing providers, identify patients for interventions, and perform health risk assessment of members. Medivo also provides a mobile app for patients so care managers are kept informed regarding patient health. Medivo’s investors include Safeguard Scientifics and Merck Global Health Innovation Fund. 77 Healthcare Analytics Report, July 2016 $22M Safeguard Scientifics, MentorTech Ventures, Angel Round Capital Fund, Merck Suite Solutions Clinical Financial Operational Clinical (4/95) Company Details Funding Investors Population Health Analytics Pieces Tech [Texas City, 2015]: Pieces Tech offers a clinical decision support software platform that uses predictive analytics to identify and prevent adverse events such as sepsis and to prevent readmission for patients with chronic diseases for hospitals and health systems. The company claims its Pieces platform provides $21.6M integrated monitoring, prediction, workflow optimization and organizational learning services and software. Pieces Tech also offers, Pieces Iris, a cloud-based client management system for community-based. The company is incubated at the Parkland Center for Clinical Innovation and is based on 8 years of research at PCCI. Children's Medical Center Dallas, Pacific Advantage Capital, OSF Health Care, Parkland Center for Clinical Innovation, Jump Capital Population Health Analytics ZeOmega [Plano, 2001]: ZeOmega offers population health management solutions to providers, health plans, ACOs and physician groups using Jiva, a web-based platform. The company uses analytics to identify care gaps and readmission risks. The company also offers PHM related software services, including implementation, $21.5M custom software development, integration, data migration, remote administration, enterprise software hosting and administration, and end-user training. Sandbox Industries, BlueCross BlueShield Venture Partners, Bregal Sagemount, Bregal Sagemount Population Health Analytics Predilytics [Burlington, 2011]: Predilytics applies machine-learning analytic tools to transform clients’ structured and unstructured data, along with external data sources into actionable insights. It offers Consumer Acquisition and Retention solutions to understand the drivers of consumer behavior to inform product design, Highland Capital Partners, Qualcomm as well as help users attract and retain members; Care Directions solutions to pinpoint the high-risk members $20.5M Ventures, Google Ventures, Flybridge most receptive to and most impactable by care management; Risk Adjustment solution to improve targeting of Capital Partners, Flare Capital Partners risk adjustment activities to ensure proper reimbursement and enhanced quality of care; and Quality Insight solution to understand the drivers of quality for the organization, as well as identify gaps to guide improvement efforts. As of May 19, 2015, Predilytics, Inc. operates as a subsidiary of Welltok, Inc Population Health Analytics Healthentic [Seattle, 2008]: Healthentic offers Population Health Dashboard for measuring and analyzing population health; and Dental Action Report for measuring and analyzing oral health. Healthentic is giving employers the power of whole health informatics to enable them to make changes to their employee plans and programs in order to lower costs while improving overall employee health and productivity. 78 Healthcare Analytics Report, July 2016 $20M Corvesta, Hawaii Dental Svc. Suite Solutions Clinical Financial Operational Clinical (5/95) Company Details Population Health Analytics Lumiata [San Mateo, 2013]: Lumiata collects massive amounts of medical science data, organizes it in interconnected graphs similar to Facebook’s social graph, and produces key insights for patient care. Health providers can run anonymized medical records, genetic information or sensor data through Lumiata’s graph to receive hyper-personalized predictions and recommendations for individual patients. Simply put, Lumiata operationalizes health data into hyper-personalized care. Summit Partners, Noro Moseley Partners, Harbert Management Population Health Analytics Wellcentive [Roswell, 2005]: Wellcentive offers Wellcentive Advance, a healthcare intelligence solution suite that provides solutions including population management, clinical decision support, care management, accountable care, chronic care management, clinical integration, enterprise-wide insights, quality-based $18.48M reimbursement; and solutions for reducing avoidable hospital readmissions. The company also offers Advance Outcomes Manager, a solution that empowers physicians and their organizations to improve clinical and financial outcomes. Explorys [Cleveland, 2009]: Explorys software platform that allows healthcare systems to aggregate, analyze, manage, and research their BIG DATA to provide better patient care. Its platform provides clinical integration, $15.1M data management, business intelligence, population analytics, population management, performance measurement, and research and innovation solutions. Austin Ventures, Sante Ventures, 23bell.com wondersgroup.com Population Health Analytics HBI Solutions [Palo Alto, 2011]: Healthcare Business Intelligence (HBI) Solutions is a healthcare data analytics company headquartered in Silicon Valley. The company analyzes clinical, financial and operational data of a healthcare organization to find cost, revenue, and quality improvement opportunities. The company also uses $12.6M predictive modeling to predict a patient's risk of developing diseases like diabetes, hypertension, and heart failure. The company received Series A funding of $12.6M in November 2015. Grotech Ventures, Harbert Management Population Health Analytics Healthcare Interactive [Glenwood, 2006]: Healthcare Interactive designs and develops technology solutions for healthcare administration and insurance. The company offers solutions that enable executives to measure and manage healthcare costs by using real-time data. It has developed a technology and administrative platform, $11.4M Point to Point Healthcare, that helps employers to access, manage and evaluate healthcare and pharmacy information. Healthcare Interactive, Inc. was founded in 2006 and operates as a subsidiary of WellNet Healthcare Administrators, Inc. Population Health Analytics 79 Healthcare Analytics Report, July 2016 Funding Investors $20M Khosla Ventures, Intel Capital, Sandbox Industries, BlueCross BlueShield Venture Partners, AmeriHealth Caritas District of Columbia Suite Solutions Clinical Financial Operational Clinical (6/95) Company Details Funding Investors Newspring Capital, Domain Associates, Compass Population Health Analytics RightCare Solutions [Philadelphia, 2011]: RightCare Solutions is a medical technology company that helps hospitals and health systems reduce readmissions and optimize post-acute care delivery. RightCare's software identifies the risk and needs for patients at admission, matches the patients to the right post-acute care based $10.75M on their score, connects them to post-acute care providers, and engages patients with personalized care plans. The company's proprietary technology was developed at the University of Pennsylvania School of Nursing. RightCare was acquired by naviHealth in 2015. Population Health Analytics Forward Health Group [Madison, 2009]: Forward Health Group offers PopulationManager, a Web-based engine that harvests, collects, validates data from EHRs, labs, claims, and others to identify gaps in care and manage populations of patients. Its tool is used to evaluate individual patient information, identify at-risk patients, $10.48M determine outlier patients, compare physician performance & more. The company also provides The Guideline Advantage, a quality improvement program that uses data collection, analysis, and feedback to translate the prevention and treatment guidelines of various diseases into practice. Triple Tree, Wisconsin Investment Partners, BrightStar Wisconsin Foundation, HealthX Ventures Population Health Analytics Population Health Analytics Population Health Analytics Acupera [San Francisco, 2011]: Acupera offers solutions, such as: population health advisory services; an integration engine that takes data from various types of EHRs, labs, claims; population health tools which include analytics & devise appropriate strategies for managing these populations. The company also offers care coordination platform, population reporting & analytics and referral network management solutions. $10M Lightspeed Venture Partners IMAT Solutions [Orem, 2007]: IMAT Solutions, formerly known as Perfect Search, is a is a medical data management and decision support company. It is a fully integrated medical informatics solution. Reports include functionality for clinical reports, medical research, and data interoperability. Clinical Reports is targeted for $9.93M companies doing complex cohort identification, improving patient population health management, and working to achieve government compliance. Jvion [Suwanee, 2011]: Jvion's RevEgis is a predictive solution that looks at the patient population and predicts the risk of an illness or condition before symptoms occur.RevEgis is built on top of a patient-phenotype big data platform that combines advanced statistics, evidence-based metrics, and deep machine intelligence to predict and stop the loss of lives and waste of resources. 80 Healthcare Analytics Report, July 2016 $8.9M Eastside Partners, Martin Ventures Suite Solutions Clinical Financial Operational Clinical (7/95) Company Details Funding $7M Population Health Analytics Health Access Solutions [San Francisco, 2000]: Health Access Solutions provides a care management technology that improves decision-making at the point of care. The company’s technology enables diversified care teams to serve a common patient. The company provides a cloud-based platform for enabling caregivers and payers to join together to improve clinical outcomes and improve cost of care. The company offers performance management, population health, patient engagement, and analytics capabilities. Population Health Analytics CloudMedx [New York City, 2014]: The CloudMedx APIs integrate with existing healthcare IT workflows and use natural language processing and machine learning on clinical notes and can process both structured and unstructured data from healthcare workflows including medical labs, pharmacies and hospitals to capture all $6.42M relevant clinical and financial information at the point of care. Using predictive risk analyses, it helps physicians identify people who are at risk for costly, debilitating illnesses in time for intervention and one-on-one support. Also they provide patient clinical risk scoring that provides enhanced risk stratification and adjustment. Y Combinator, AME Cloud Ventures, Plug and Play Ventures, FundersClub, Lux Capital, Tencent, CRCM Venture Capital, svtechventures Population Health Analytics Quire Data [Memphis, 2008]: Quire offers an artificial intelligence based data analytics technology that mines medical records and identifies at-risk patients. The company's AI algorithms develops predictive models from unstructured text in clinical notes and electronic medical records (EMRs). The software allows providers to $5.36M categorize, organize, and visualize patients based on the information found in medical record and stratify and target patients based on risk -demographics. The company was launched as Computable Genomix in 2008. Innova Memphis, TriStar Technology Ventures, Launch Tennessee, Start Co Population Health Analytics Medalogix [Nashville, 2009]: Medalogix provides a predictive modeling toolset for the post-acute health care agencies. It offers Medalogix that generates a daily assessment that identifies patients who are most appropriate for hospice care. The company’s Medalogix also identifies patients that may benefit most from the treatment of their pain rather than their disease and improves clinician efficiency through the transfer to hospice. Population Health Analytics Transcend Insights [Campbell, 2000]: Transcend Insights offers HealthLogix, a solution that integrates interoperability with real-time analytics at the point-of-care so physicians and caregivers can improve health outcomes, enhance the patient experience, and reduce costs; health care analytics engine that processes clinical $5.21M and claims data; and intuitive care tools that allow physicians and care teams to improve population health outcomes, enhance the patient experience, and reduce costs. 81 Healthcare Analytics Report, July 2016 Investors $5.3M Ziegler Suite Solutions Clinical Financial Operational Clinical (8/95) Company Details Funding Investors $5M Kinderhook Industries Population Health Analytics VitreosHealth [Plano, 2009]: VitreosHealth delivers population risk models, and predictive and prescriptive health insights for healthcare providers. Features include: predictive clinical risk scores, non-clinical markers, gaps-in-care, and prescriptive care recommendations.The company claims it identifies patients and members who are going to become high risk, predict their probability of hospitalization or escalation of chronic disease, and help determine the interventions needed to delay or avoid high-cost healthcare episodes. Population Health Analytics WellRight [Chicago, 2013]: WellRight is cloud-based corporate wellness management solution. It helps businesses engage employees through an interactive Health Reimbursement Arrangements (HRAs), health and fitness trackers, device integration and extensive educational material with quantifiable results. Makes wellness $4.62M easy for program administrators by providing configurable incentives, integrated biometrics, and flexible reporting. Aberdare Ventures Population Health Analytics RxAnte [McLean, 2011]: RxAnte developed a patent-pending analytics suite that measures and targets opportunities to improve outcomes by improving medication use, predicts medication use at the patient level, prioritizes and targets the most cost-effective intervention(s) available for each patient, equips health-care $4.61M professionals and other members of the care team with the information needed to engage each patient for optimal medication use, monitors and evaluates the effectiveness of adherence programs. Population Health Analytics Rise Health [Oak Brook, 2009]: Rise Health offers Ascend, an enterprise data integration platform that aggregates clinical, operational, and financial data into population health registries that empowers clinical care teams to deliver evidence-based care plans customized to individual patients. The company offers Stratus, a $4.54M Population Health Analytics tool; Cirrus, an operational and clinical decision support application. It serves payers, health systems, wellness companies, care coordination providers & others. Sante Ventures, Abundant Venture Partners Springbuk [Indianapolis, 2014]: SpringBuk provides analytical solutions to employers so that they can better manage their employees' health. The company will collect population data from employers including claims, $3.75M payroll, biometric and medical data and helps identify gaps in care and in predicting healthcare spending. SpringBuk is a division of Healthiest Employers. Lewis&Clark Ventures Population Health Analytics 82 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (9/95) Company Details Funding Investors $3.5M Mansa Capital, Kinderhook Industries Population Health Analytics 4 Health [Irving, 2011]: E4 Health offers behavioral health risk management for employers. HealthMap is E4’s comprehensive care coordination solution to help employees make lifestyle decisions and employers to manage health and productivity related risks. It provides three products LifeLync for population health analytics, LifeChoice for sustainable behavior change and LifeScope for health resources. It claims to improve wellness, increase productivity and ultimately reduce the demand for healthcare services. $3.3M Population Health Analytics Bjönd [Columbus, 2012]: Bjönd is a technology company that makes cloud-based subscription software that allows users to build automated workflow, draws in data to support decisions and creates mini social networks to modify behavior. The company's flagship product, BjöndHealth,identifies at-risk people and builds, automates and delivers their care plans. The tool enables the care managers to go out in the field to get more compliance with health regimens. Draper Triangle, TriStar Technology Ventures, Hopen Life Science Ventures, TriStar, DTVC Innovu [Pittsburgh, 2014]: Innovu provides cloud-based solutions that uses analytics to help employers optimize the quality, cost, and efficacy of their healthcare and benefits programs. Innovu integrates benefits data from multiple sources, performs validity checks and applies descriptive and predictive analytics on the curated data to provide the employers with actionable insights. $3M BlueDot [Toronto, 2013]: Blue Dot uses big data analytics to track and analyze risks posed by global infectious diseases. It is the commercial arm of an academic research program called BioDiaspora, developed at St. Michael's Hospital, Toronto. BioDiaspora models how infectious diseases can spread and impact populations globally by analyzing big data such as the annual movements of more than 3 billion travelers on commercial flights; human, animal and insect population data; climate data from satellites; and news reports of disease outbreaks. The company offers their insights to Governments and businesses. Horizon Ventures and MaRS Innovations have invested in the company. $2.9M Horizon Ventures, Ontario Centres of Excellence, MaRS Innovation, St. Michael's Hospital Artemis Health [Salt Lake City, 2013]: Artemis Health helps self-insured employers reduce healthcare spending by extracting value from their healthcare benefits data. Artemis platform helps employers monitor and view their health data at a single place, points out problem areas and quantifiable solutions and measures the impact of wellness programs. $2M Blueprint Health, Kickstart Seed Fund, Peterson Partners, Kickstart Seed Fund, Valence Ventures Population Health Analytics Population Health Analytics Population Health Analytics 83 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (10/95) Company Details Funding $2M Population Health Analytics NavHealth [Washington D.C., 2015]: NavHealth is a healthcare company founded in 2015 that helps health systems to engage patients in the collection and use of health data. The company enables patients to share health data that is accessible to them, with health systems so as to find meaning in that information and uncover gaps in care or identify preventive services that can improve health outcomes. The company is led by Aneesh Chopra who was the former CTO under Obama administration and who was, in 2011, named as one of the 100 most influential people in healthcare. $1.8M Population Health Analytics iMosphere [San Francisco, 2012]: iMOSPHERE provides iMoLYTICS, a healthcare analytics platform designed for clinicians by clinicians and which can be used by payors, providers, practitioners, researchers and analysts. They claim to have built a newly patented technology that aggregates data directly from multiple applications, databases, data warehouses removing the layer of traditional BI tools and the IT department by providing the data directly to the end user. The company aims to give complete control of information to healthcare professionals. iMoLYTICS supports functions like population health analysis, peer group review, quality improvement, performance measurement, clinical research, outcomes analysis, utilization and financial review and patient satisfaction surveys. Population Health Analytics EagleDream Health [New York City, 2014]: EagleDream Health offers a analytics software platform for providers to help improve quality, increase patient engagement, and lower costs. The SaaS-based platform includes like: registry based view of patient population; identify gaps in care; identify high-risk patients; $1.76M measure, compare and report clinical outcomes and quality metrics; and identify overuse, underuse and misuse of services. The company acquired Focused Medical Analytics in 2015. Population Health Analytics Healthiest Employers [Fishers, 2009]: Healthiest Employer operates as a wellness technology and data research company that focuses on corporate wellness. The company engages in collecting, analyzing, and providing corporate wellness data to wellness and human resources industries worldwide. It supplies its clients with $1.75M relevant data to support their wellness programming decisions; shares prevailing trends for engaging workforces. It also offers Springbuk, a health analytics solution that offers a complete view of employer population. 84 Healthcare Analytics Report, July 2016 Investors Elevate Ventures Suite Solutions Clinical Financial Operational Clinical (11/95) Company Details Funding Investors $950k Zions Bank Population Health Analytics Proskriptive [Boise, 2014]: Proskriptive applies machine learning capabilities on healthcare data to suggest interventions for patients in need of care prior to the need for hospitalization or readmission. The company uses analytics to offer services and develop solutions that identify opportunities and risks within an entire population. The insights are used to identify issues like at-risk patients, gaps in care, risk stratification and patient-cost predictors. The company caters mainly to providers and payers. $750k Confrapar Population Health Analytics ePrimeCare [Belo Horizonte, 2005]: ePrimeCare is a technology company based out of Brazil that offers population health management products and solutions to payers, providers and employers. The company offers to identify disease risks and patterns in large populations, establish health promotion and prevention programs and monitor medication adherence. The EPIDEMIS provides insights and intelligence on the population based on specified criteria. The PLATIS is a platform to manage health programs. $620k Population Health Analytics Amplify Health [San Francisco, 2011]: Amplify Health analytics software links multiple data sources, including claims data with providers, clinical EHR data to create a roadmap for pro-active patient care and gives access to patient population insights. The company’s software also provides dashboards, reports, and analytics to pinpoint opportunities to improve outcomes and eliminate wasteful health care spending. The company primary customers include payers, providers & employers, Rock Health, Lighter Capital, Healthy Ventures $600k Population Health Analytics Loopback Analytics [Dallas, 2009]: Loopback Analytics offers SaaS based management platform that integrates data from multiple clinical systems and organizations; applies data analytics to identify at-risk patients; enables providers to stay connected with patients after discharge; and offers dashboard reporting to measure clinical and economic effectiveness of care intervention strategies. In partnership with Walgreens, the company also offers WellTransitions, a medication adherence solution. $150k Population Health Analytics eVeritas [Minneapolis, 2009]: eVeritas (formally known as Clinical Healthcare) provides a cloud-based platform designed to help physicians manage chronic disease. The company offers real-time data reporting and analysis to enable population management. It automates the creation of clinical progress notes and patient treatment plans. The company also provides patient self-management tools like patient education, prescription and refill reminders and validated self-assessments. The company focuses on Asthma, Diabetes, COPD & Heart Disease. 85 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (12/95) Company Details Funding $150K Population Health Analytics HealthEC [Piscataway, 1997]: HealthEC is a health technology company that provides an end-to-end suite solution to manage Population Health. The company offers a Population Health Management platform provides that aggregates information from multiple sources and analyzes it to provide actionable insights for cost impact, quality improvement and measurable outcomes. The company offers 3D analytics for: At-risk member identification, Risk level determination for care plan members, Gaps in care Identification, Care management optimization, Member behavior prediction, Proactive patient engagement, Utilization optimization, Real-time care error prevention. Other solutions include: RCM, provider management, beneficiary management, audits and reporting. Health Data Intel [Arlington, 2014]: Health Data Intelligence (HDI), founded in 2014, provides a platform for hospitals and health systems to make sense of data. HDI offers clients dashboards and reports accessible through the cloud. HDI hopes to empower healthcare professionals to make better decisions that improve quality of care for patients and eliminates waste. $125K $120K Blueprint Health, NY Digital Health Population Health Analytics AllazoHealth [New York City, 2011]: Allazo Health is addressing the problem of medication non-adherence through predictive analytics and personalized interventions. Allazo Health's program includes two components. AllazoMAP uses population data to calculate individual patient adherence levels to each of their medications, while LIFT uses MAP data to determine whether there needs to be an intervention with a patient and finds the most cost-effective method. Their clients include ACO's, health groups & healthcare plans $120K Y Combinator Population Health Analytics CareSkore [Chicago, 2014]: CareSkore's web based predictive analytics driven platform helps hospitals, health systems, and ACOs manage patient populations, optimize revenue, and reduce costs. Using risk modelling and predictive analysis, CareSkore helps better measure and manage risk for patients and drive timely action and intervention. The company's solution includes features such as real-time risk stratification, workflow management, and automated patient outreach. Population Health Analytics 86 Healthcare Analytics Report, July 2016 Investors Suite Solutions Clinical Financial Operational Clinical (13/95) Company Details Funding Investors $120K Y Combinator Population Health Analytics Able Health [San Francisco, 2015]: Able Health develops and provides cloud-based pay-for-performance and risk adjustment solutions for care managers and physicians. It aggregates patient data from one or more EHR systems, claims databases, and other sources to ensure organizations get credit for every diagnosis, encounter, and clinical activity. The company generates checklists, outreach lists, and automated clinician feedback reports that inform and motivate care managers and physicians to meet improvement goals. $120k Population Health Analytics Epy [Brooklyn, 2013]: Epy.io (currently closed), was formerly known as PLOM.io. The company was developing an online platform that helps health officials and physicians to monitor community health trends using realtime, web-based disease forecasting and decision-support widgets. Features included: transform imperfect surveillance data into community health trends; assess the impact of policies; and forecast epidemic patterns. The company closed its operations in 2013. $100k Population Health Analytics CliniCast [Millbrae, 2011]: CliniCast builds software tools for population management that enables healthcare organizations to: identify high risk patients, target appropriate interventions to manage those patients, optimize workflow to maximize productivity, and measure performance. CliniCast’s risk models has the capability to extract insights from diverse sources, including: demographics, claims, labs, pharmacy, psychosocial information, surveys and unstructured free text $50K Population Health Analytics Brainpan Innovations [Lucknow, 2014]: Brainpan Innovations is an healthcare company that uses machine learning algorithms and mathematical modeling to solve healthcare challenges in the developing world. Product offering are: "Doctor’s Diary", EHR platform for use in India and Diseaseatlas, a technology platform to records and analyses the spread of infectious diseases. The company also collaborates with Health Express to provide pediatric services. $50k Population Health Analytics NavigatorMD [Knoxville, 2005]: NavigatorMD offers its health claims data analytics software to employers to manage their healthcare costs. Its product Design180 is a health care plan management system which is designed to improve the financial health of a company along with the wellness of its employees and members through its data analysis. It collects healthcare data of employees and combines analysis, reporting, plan modeling and plan-performance management into one system. 87 Healthcare Analytics Report, July 2016 Rock Health Suite Solutions Clinical Financial Operational Clinical (14/95) Company Details Funding Investors $30k Acceleprise Ventures Population Health Analytics Bridgecrest Medical [San Francisco, 2013]: BridgeCrest Medical offers data analytics using mobile diagnostic devices to record employee health data in the field. Helps employers monitor and track health conditions of employees and analyze it to reduce accidents and improve worker health in real-time. The company core offerings include Fatigue Management and Employee Wellness, to identify workers at high risk for fatiguerelated incidents using wearable technology and real-time alerts. Also provides comprehensive screening and fitness solutions. $20k Invest Nebraska, Straight Shot Population Health Analytics Crumb [Omaha, 2013]: Crumb, formerly known as CardioSys, is a predictive intelligence platform that enables healthcare organizations to access healthcare data across multiple systems and generate actionable insights. The platform also allows doctors and nurses to share the data with multiple hospitals. Crumb combines mathematical modeling and predictive analytics along with data visualization in order to provide insights into patient health and research. It offers two products: Paragon (for data collection) and Navel (for data analytics and visualization). Population Health Analytics Health Dialog [Boston, 1997]: Health Dialog is a healthcare service provider that offers population analytics, interactive decision aids, and healthcare decision programs. The company also provides services like chronic care management, wellness programs, HEDIS improvement and shared decision making. Health Dialog caters to health plans, employers and providers. Health Dialog was initially acquired by Bupa in 2007 and later by RiteAid in 2014 406 Ventures, Harbourvest Partners, The Lambda Funds, Oak Investment Partners Acumen Population Health Analytics BroadReach Healthcare [Cape Town, 2003]: BroadReach Healthcare offers a cloud-based platform for population health analytics. The BroadReach Analytics platform combined with the company's Command Center and Knowledge Base allows governments, donor organizations and private companies to improve the health of underserved populations. The platform uses health system performance data, supply-chain data, socioeconomic data, benchmarks and surveys to offer reports, alerts, data visualization, forecasting and modeling, intelligence and insights into population health. Aging2.0 Population Health Analytics Life2 [Jacksonville, 2011]: Life2 is a healthcare focused predictive analytics company that helps caregivers predict and manage future health risks by providing them information on “who” is at risk, “why” they are at risk, and “what” can be done to mitigate the risk. The company offers a SaaS based predicitve platform that it claims can help clients make proactive decisions and take action before adverse events occur. Features include: Preacute, analytics to help prevent hospital admissions; Acute-care, to help predict readmission risk, length of stay risk and post-acute venue selection risk; and Post-Acute Care, to help optimize care coordination with hospitals. 88 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (15/95) Company Details BEST Funds Population Health Analytics Novus Health [Toronto, 2006]: Novus Health is a health navigation and wellness solution that helps organizations engage and support their employees, members or customers with solutions designed to help navigate the health care system and access health information. Using the Health navigation platform, employers can integrate all their health programs within one platform; understand the organization’s health and health risks using health risk assessments; enable members to make better health decisions; and offer health coaching and member assistance to members who need help addressing critical health problems. i2i Systems [Santa Rosa, 2000]: i2i Systems helps health care organizations improve their clinical, operational, and financial performance. i2i’s flagship product, i2iTracks identifies patients at risk. The company's big-data tool, PopIQ, delivers a cloud-based comparative analytics toolset which uses clients's data sets to examine crosspopulation views. The company caters to physician groups, employers, ACOs and payers Blue Shield of California Foundation Healthbox Population Health Analytics Soma Analytics [London, 2011]: Soma Analytics develops mobile apps to reduce work related stress. Its product Kelaa, uses inbuilt sensors of a smartphone instead of any wearable for tracking. It offers intuitive and engaging platform to employees to manage their health through tips and feedbacks, and also manage HR benefits. It also provides employers with Kelaa dashboard to help them understand and enhance staff's health. Kelaa's exercises and challenges are based on cutting edge research. Its partners are leading researchers in psychology, sleep medicine and data science. Hearst Communications Population Health Analytics Lightbeam Health [Irving, 2013]: Lightbeam Health provides a cloud-based analytics platform that facilitates end-to-end population health management for ACOs, payers, provider groups and health systems. Platform features include: analytics, risk stratification, care coordination, provider and member engagement solutions. The platform aggregates data from multiple sources, applies quality measures and provides near-real-time insights. iCare Intelligence [Miami, 2012]: iCare Intelligence has developed a population health management tool that measures the costs of services on a per patient, per physician, and per physician group basis. It analyzes trends, care gaps, and risk gaps, and then aims to save money and increase quality of care. The insights are represented in focused dashboard reports. Incubate Miami Population Health Analytics Population Health Analytics 89 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (16/95) Company Details Innovation Works Population Health Analytics Health Monitoring Systems [Pittsburgh, 2006]: Health Monitoring Systems offers SaaS platform to monitor and analyze community health. Provides Epicenter, SaaS platform to process and analyze tens of millions of patient visits per year. Works with over 550 hospitals from New Jersey to Hawaii to efficiently and securely track health conditions. Product portfolio also includes Epistart, which transform data into actionable knowledge through real time monitoring and analysis and automatic issue notification; Medicenter, to offer patient medication history and Public health consulting. Claims to operate the largest private Health Information Exchange (HIE) in the United States between hospitals and public health. MediKeeper [San Diego, 2003]: MediKeeper offers a suite of PHM tools intended for health plans, wellness companies, and employer groups. The MediKeeper technology gathers and analyzes disparate health data and provides de-identified population reporting. Offers health portals, health risk assessment, administrative portal and third-party application integration. Pacificap Radius Ventures, Psilos Group Managers Population Health Analytics ActiveHealth Management [New York City, 1998]: ActiveHealth Management (independent subsidiary of Aetna) provides solutions for analytics and insights, health and wellness engagement and care management. The company offers its, CareEngine System, a patented technology platform that collects and analyzes data from multiple sources including medical claims, pharmacy and lab data. The company claims its platform assesses each member's available health information across 1,200 health monitored events and 9,000 clinical rules. It helps healthcare organizations and providers monitor quality of patient care using 200 clinical quality measures. The company also offers MyActiveHealth member engagement platform personalized platform to help members better understand and manage their health. Schooner Capital Population Health Analytics Cyft [Cambridge, 2014]: Cyft offers a healthcare software system which uses machine learning and natural language processing to make actionable predictions. The predictive and prescriptive analytics platform's features include: helps providers and ACOS to predict patients who will most likely be readmitted, find patients with uncoded complications and anticipate people in ICU who are at the greatest risk of acquiring an infection; helps plans to identify which members will be of higher cost and identify interventions that are most likely to lead to cost savings. Population Health Analytics 90 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (17/95) Company Details Population Health Analytics HealthPlotter [Spartanburg, 2013]: HealthPlotter is a cloud-based platform that supports onsite clinic practitioners. The platform integrates data from healthcare claims, pharmaceutical claims, biometric results, and eligibility data and creates custom-build actionable reports for employer clinics. The company also claims to be building a marketplace of healthcare products and services that allows consumers to make knowledgable purchases using tax advantaged accounts. Population Health Analytics Enlightiks [Bangalore, 2012]: Provider of data analytics platform to convert data into actionable insights and finding its applications in healthcare, consumer insights & retail industries. Its predictive analytics platform, Querent, helps with forecasting actionable solutions for healthcare with components such as patient similarity analytics, readmission rate prediction, helping physicians visualize the future health of a patient etc. Has offices in Palo Alto & Houston with R&D Centre in Bangalore. Population Health Analytics Neurocern [Palo Alto, 2014]: Neurocern is a dementia population health analytics company that offers a cloudbased software platform to help health systems better manage dementia patients using predictive analytics and best practices from geriatric neurology. Patients or care givers answer questions based on their concern, Neurocern's algorithms analyze the answers and the system generates a unique brain profile with care solutions tailored for each patient. Part of MATTER healthcare incubator. Population Health Analytics Energy Fusion [London, 2014]: Energy Fusion aspires to help mid-size businesses create a health-focused workplace that supports long-term staff resilience, job fulfillment and productivity. It's provides an interactive online platform that subjectively assesses the physical and mental health of each employee to then help them make informed lifestyle choices. An action-based report is created based on the assessment test for each individual. It claims that the assessment & education tools are based on 30 years of clinical research. It also offers consultants that motivate and empower employees in order to achieve a work-life balance. Population Health Analytics Loop360 Solutions [Austin, 2013]: Loop 360 Healthcare Solutions partners with healthcare organizations for the development of an IT infrastructure that supports predictive modeling. According to the company, through the use of predictive analytics, it enables clients to identify individuals with the highest future probability for admission and thereby prevent hospitalization through preventative care and care coordination. The company aims to help organizations reduce excessive costs and improve quality by identifying areas of excessive care. Loop360 solutions also facilitates the exchange, integration, sharing, and retrieval of electronic health information. The company caters to providers and payers. 91 Healthcare Analytics Report, July 2016 Funding Investors The Iron Yard Suite Solutions Clinical Financial Operational Clinical (18/95) Company Details Population Health Analytics Trajectory HealthCare [Loveland, 2003]: Trajectory HealthCare provides a suite of analytics software products that offer customers insights to alter member and patient health outcomes and manage financial risk. Solutions include: Predictive Analytics, Retrospective Analytics, Event Analytics, and Program Evaluation. According to the company claims its solutions help in predicting imminent events, provide actionable recommendations, and assesses the impact of investments made in response to the recommendations. The company claims that its solutions are hosted in a secure, HIPAA compliant facility. Population Health Analytics InductiveHealth Informatics [Atlanta, 2012]: InductiveHealth Informatics provides public health informatics solutions to lower the costs of integration and large-scale analysis of health data. Offer implementation, management and support solutions to national and jurisdictional clients. InductiveHealth have been architects of national public health infrastructure like the NEDSS Base System. Also selected, along with ICF International and Deloitte Consulting, to support, operate, and enhance the BioSense system for the Centers for Disease Control and Prevention (CDC), Center for Surveillance, Epidemiology, and Laboratory Services (CSELS). Population Health Analytics Terra Neo Technology [Denver, 2015]: Terra Neo's Discharge Intelligence platform identifies readmission risk before the patient leaves the facility and generates a customized patient action plan to help prevent readmission. The company uses machine learning technology. The Terra Neo Healthcare Big Data engine processes and correlates data generated in the healthcare delivery life-cycle. Population Health Analytics Caradigm [Bellevue, 2012]: Caradigm is a joint venture of GE Healthcare and Microsoft. Caradigm offers population health solutions that enable teams to deliver the appropriate care to patients through effective coordination and patient engagement, helping to improve outcomes and financial results. The company's analytics solutions provide insight into patients, populations and performance, enabling healthcare organizations to understand their clinical and financial risk and identify the actions needed to address it. Population Health Analytics Bitscopic [Redwood City, 2012]: Bitscopic specializes in applying the latest advances in the fields of distributed computing and machine learning to bio-surveillence and related areas. The company's flagship product, Praedico Biosurveillance is a biosurveillance toolset for early detection, monitoring, and forecasting of the outbreak of infectious disease. In addition , Praedico Data Platform is a powerful data processing platform that handles extraction of data from a host of Electronic Health Record (EHR) systems, processes the data which includes cleansing, normalization, standardization, matching, and publishing of data. 92 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (19/95) Company Details Population Health Analytics Theon [Harrisburg, 2006]: Theon, a product of Genia, is a cloud based analytics platform for population health management. Theon’s suite of products is designed to provide meaningful and actionable information using scalable analytics platform. Products include: Care Optimizer - for understanding the total cost of entire population of members, tracking monthly performance at the PCP and group level, analyzing gaps in performance to manage cost, quality and utilization, retrospective and prospective performance and measurement tools; Care Collaborator - an integrated care management platform; Care Engager - employer focused healthcare engagement tools; Care Modeler - an analytics development tool. The platform also provides bi-directional collaboration between all stakeholders in the patient’s care. Population Health Analytics Innovative Healthcare Teams [Lancaster, 2015]: Innovative Healthcare Teams assists employers by conducting a clinical claims analysis. According to the company, the results of the claims analysis will help identify trends in the clinical costs and risks as well as potential care gaps that exist in the covered member population. The company uses information gained from the clinical and claims data to help employers create a health benefit plan. Innovative Healthcare Teams, through its Team Based Care, also helps to implement and sustain Medicare Wellness Programs. Population Health Analytics 360 Health Vectors [Bangalore, 2011]: Health Vectors is an online platform which measures and gives suggestions for patients based on predictive analytics and cognitive computing. It follows a patented process of data acquisition, analysis and report delivery. The company partners with local hospitals & diagnostics to collect data and then uses predictive analysis to spot deadly combination, predict disease and lifestyle analysis. Patients are then provided with a wellness plan, physiotherapy advice and doctor consultation. Accelerated at GenNext Innovation Hub, a joint initiative of Reliance Industries Limited (RIL) and Microsoft Ventures. Population Health Analytics Integer Health [North Richland Hills, 2015]: IntegerHealth Technologies, a healthcare analytics company founded in September 2015, offers to lower the overall costs incurred by employers due to their self-funded health care plans. According to the company, it uses medical claims histories, human resource and job performance records and clinical information to analyze the health care choices employees are making and discover better outcomes. The company claims that their proprietary algorithms identify the highest quality providers in the network and then creates and monitors employee specific care plans when needed. 93 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (20/95) Company Details Population Health Analytics Get It Analytics [Chicago, 2015]: Get It Analytics provides PHM analytical tools to small and medium sized community health plans and medical groups. The company helps organization identify needs, lay out strategy, and build or help source an appropriate platform. The company then develops analytics to make population health initiatives successful. Get It Analytics uses its Medicare Risk Adjustment tool to help health plans identify gaps in care between plan years at a patient, provider, and plan level. The company offers providers technology needed to identify a target population and manage their care. Population Health Analytics Disease Atlas [Lucknow, 2015]: Disease Atlas is a product of Brainpan Innovations. The initiative based out of India, aims to record and analyse the spread of infectious diseases using machine learning algorithms and mathematical modeling. As of January 2016, the patent pending technology is yet to be launch. Population Health Analytics Intelligent Healthcare [Santa Monica, 1990]: Intelligent Healthcare provides data insights to physicians and providers using cloud-based population health management solutions. The company was acquired by ZirMed in 2014. Through their solutions, Intelligent Healthcare help their clients improve value-based reimbursements, clinical outcomes, quality, and efficiency. Prior to being acquired the company claims its platform was used by over 40 hospitals, 11,000 physicians . Population Health Analytics Medecision [Wayne, 1988]: Medecision provides a suite of population health management software. The company's Aerial Insights, is an on-demand platform that offers features like: Population analytics and disease registry; Quality measures reporting; Clinical, operational and financial performance management dashboards; and Member- and patient-centered predictive algorithms and alerts for surveillance, detection and risk mitigation. The company caters to payers, healthcare providers, ACOs. The company went public in 2006 and became a wholly-owned subsidiary of Health Care Service Corporation in 2008. Population Health Analytics Cerenode [Bangalore, 2015]: Cerenode is a semantic graph-based analytics company that enables healthcare and life sciences companies to filter, analyze and gather insights. The company claims its technology helps customers identify insights by extracting specific segments of their data and applying relevant analytics including Machine Learning and Statistical methods. Possible insights include: patient population data, disease that have similar pathways and identifying sponsors for relevant molecules. 94 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (21/95) Company Details Population Health Analytics Valera Health [New York City, 2015]: Valera Health is a digitally-enabled behavioral health company that partners with payers and providers to create new care delivery models. They leverage smartphone technology and data analytics to enable proactive behavioral healthcare that generates cost savings. Valera Health works with payers and providers to identify patients with co-morbid medical and behavioral health conditions using claims data analysis. Primary care providers are then supported with trained remote case managers for behavioral activation and coordination supervised by psychiatrists. Additionally, the app will track both passive (distance traveled, amount of texting, etc) and active patient sentiment and use algorithms to detect change. Valera aims to provide a scalable end-to-end solution that supports improved outcomes and cost-savings. Population Health Analytics Health Analytics [Cambridge, 2009]: Health Analytics is a Cambridge based company that enables clinicians and commissioners to analyse patient data from the National Health Services (NHS) in real time. The platform analyses clinical and financial data to predict future health trends and provide insights needed to improve patient care and efficiency within the NHS. Uses an integration platform and reporting modules to generate holistic patient view. Population Health Analytics Aspicio Health [Charlotte, 2014]: Aspicio Health provides powerful healthcare analytics solutions that enable providers to improve quality care and increase perfromance-based reimbursements. The company PHM software integrates with providers EMR software to help them manage performance based contracts, rapidly improve quality reporting measures and enable proactive patient care. Aspicio Health enables care teams and population analysts to assess risk in patient populations, align at-risk patients with the appropriate resources, and measure the efficacy of interventions. Population Health Analytics eDoc4U [Nashville, 1998]: eDoc4U is a patented, NCQA-certified population health management solution. eDoc4U provides web-based services for wellness, preventive care and disease management to employers, health care providers and health plans. The company claims its solutions help lower health management costs, improve outcomes, increase productivity among clinicians, helps engaged and motivate employees and patients. 95 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (22/95) Company Details Population Health Analytics DataSmart Solutions [Helena, 2008]: DataSmart provides a predictive decision support tool for employers to offer benefit program recommendations and deploy early intervention resources and bring costs down while improving member health. Apart from medical and Rx claim data it also analyses employee biometric lab values, health risk assessment data, and other data sources, to achieve more predictive accuracy. Products include clinical solution tool for population risk scoring, a HRA tool, and a provder efficienctt tool for provider evaluations. Population Health Analytics Populytics [Allentown, 2013]: Populytics is an healthcare analytics firm that provides population health management solutions which include predictive analytics insights, strategic health plan design, benefits administration services, and physician collaboration. Analytics tools are used on claims and clinical data to provide actionable information. Populytics connects directly with clinicians to share data insights and assist with care coordination. The company claims its solution closes the gap between payers and providers. Population Health Analytics PluralSoft [Denver, 2004]: PluralSoft provides healthcare business intelligence platform to empower healthcare organizations like providers, payers, federal and state government agencies. Flagship solution CareQuotient™ collects clinical, financial, and claims data from multiple systems to offer intelligence solution for managing atrisk populations, monitoring utilization and cost outliers, compliance in performance reporting, continuous performance benchmarking and more. Population Health Analytics Niles Health [Palo Alto, 2015]: Niles Health, founded in 2015, is a healthcare analytics company that uses machine learning algorithms to help employers evaluate, monitor, and engage employees in their wellness and prevention programs. The company assists the employer in choosing relevant metrics based on the employers requirement. Niles Health claims that through its outreach programs it ensures the maximum participation of population in the wellness programs. Population Health Analytics Applied Health Analytics [Nashville, 2009]: Applied Health Analytics, provides software services and consulting to hospitals and health systems to help them manage population-health within their communities. The company offers proprietary software, BeneFactorIQ, in concert with Vanderbilt University Medical Center's Dayani Center for Health Promotion, to provide hospitals and health systems a business process support platform for managing the health of targeted populations. It matches and tracks individuals' health risks with the solutions provided by hospitals and health systems locally. Applied Health Analytics helps improve population health by pinpointing individual risks, identifying and engaging potential patients and marketing services. 96 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (23/95) Company Population Health Analytics Details Funding Investors $404M Oracle, SVB Financial Group, Adams Street Partners, Kaiser Permanente Ventures, Asset Management Ventures, Essex Woodlands, The Carlyle Group, Medtronic, Novartis, Oxford Finance, Fletcher Spaght, Helix Ventures, Itochu, St. Jude Medical, ON Semiconductor, Otsuka America Pharmaceutical, Spring Ridge Ventures, Sailing Capital pulseData [New York City, 2015]: pulseData is building a machine learning software tool for Health systems, ACO's and Health insurance companies. The company claims its predictive analytics tool can help anticipate undesirable health outcomes. The company is yet to lauch as of June 2016. Population Health Analytics The Sollis Partnership [Epsom, 1994]: The Sollis Partnership offers a healthcare analytics software platform, Sollis Clarity Patients, that helps NHS commissioners and clinicians understand patterns of multi-morbidity and its relationship to utilization, costs and outcomes. It delivers business analytics and data management to identify and analyse populations across the continuum of care. Features include: Population level risk stratification, Outcomes-based commissioning, Patient level risk stratification and Case-mix adjusted benchmarking. Also offers: Clarity Finance, Population Health Analytics SafeUseNow [Encinitas, 2012]: SafeUseNow is a prescriber-centric risk identification and intervention solution for combating prescription drug abuse and is developed by Principled Strategies. The company's solution uses data, analytics, and a patent pending risk identification model to enable care organizations to identify network providers whose prescribing behaviors may contribute to prescription drug abuse. Offers PSI Score, to rank and stratify prescribing behavior within a care network. Proteus Digital Health [Redwood City, 2001]: Proteus Digital Health is a technology provider to hospitals and caregivers to monitor medicine intake and adherence. Proteus digital medicine platform includes unique measurement tools like sensor enabled pills, a biometric sensor patch worn on the body that receives data from sensor and sends it to cloud from where it can be analyzed using a smartphone app by doctors and caregivers. Health Engagement 97 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (24/95) Company Details Funding Investors $85M Health Engagement Pitango Venture Capital, The Challenge Fund-Etgar, JK and B Capital, ProSeed Venture Capital Fund, Docor International, Bank Hapoalim, Bridge Investment Fund, Noaber Services, Mitsui, Welch Allyn, Samsung Ventures Health Engagement WellDoc [Baltimore, 2005]: WellDoc’s flagship product, BlueStar, is a Mobile Prescription Therapy that enables patients to self-manage their diabetes through real-time motivational, behavioral and educational coaching. The Windham Venture Partners, Merck, personalized coaching is provided using patented algorithms and real-time analysis of patient diabetes data. Excel Venture Management, Adage BlueStar, requires a prescription from a licensed healthcare provider and can be dispensed and reimbursed $64.78M Capital Management, Samsung through a pharmacy. BlueStar also coordinates care by helping patient’s adhere to their treatment plan while Ventures, JNJ Innovation, TCP Venture providing clinical decision support to the patient’s healthcare provider to optimize treatment decisions. Forbes Capital, hudrivcap.com selected WellDoc as one of “America's Most Promising Companies” in January 2014. Health Engagement Change Healthcare [Tennessee, 2007]: It helps employers or plan sponsors to optimize existing wellness programs and on-site clinics. Change Healthcare’s Engagement Platform utilizes proprietary data analysis to generate specific cost information, targeted savings opportunities and personalized messaging. Change Healthcare enables consumers to understand healthcare options and make informed healthcare purchasing decisions based on quality, cost and convenience. Its main tools are Cost Lookup, a search tool and Save Alerts, SMS alerts. It claims to have a national client base of health plans and self-insured employers covering all 50 states. Health Engagement MD Revolution [San Diego, 2011]: RevUp by MD Reveolution is an app and website where customers can connect with a team of health and wellness experts who help to track relevant health data and provide customers with guidance and recommendations along the way, and motivate them for behavior modifications. $33.6M Predictive analytics is used to identify individuals that will or will not achieve desired health outcomes. It's a service that one can join when invited by a doctor, healthcare network, or company wellness program that is already a part of the MD Revolution network. EarlySense [Ramat Gan, 2004]: EarlySense develops signal-processing technology. Company has developed a sensor that is placed under the mattress and monitors body vitals as well as bed entries and exits, patient motion, and quality of sleep eliminating the need for regularly manually checking the patients in constant care. All the information is relayed to a central panel/ hand held device. EarlySense’s real-time delivery of actionable data helps the clinical staff to identify potentially critical situations early. 98 Healthcare Analytics Report, July 2016 $48M Omidyar Network, Mitsui & Co, Mitsui Global Investment, Noro Moseley Partners, Solidus, Sandbox Industries, BlueCross BlueShield Venture Partners, HLM Venture Partners, Global Investment Partners, Hellman & Friedman Bootstrap Incubation, Jump Capital, LLC, Jump Capital Suite Solutions Clinical Financial Operational Clinical (25/95) Company Details Funding Investors Health Engagement Healthsense [Mendota, 2001]: Healthsense provides technology solutions to assist care providers in caring for at-risk populations. Healthsense offers WiFi based Personal Emergency Response Systems, remote safety and wellness monitoring. According to the company, its product eNeighbor system, utilizes a series of wireless $32.75M sensors to monitor individuals in their homes and automatically calls for help if it detects a possible problem. The eNeighbor Dashboard uses a data engine to evaluate daily information, prioritize care needs and send realtime alerts if required. Health Engagement Ginger.io [Cambridge, 2011]: Ginger.io is a behavior analytics company and a spinoff of the MIT Media Lab. The platform uses machine learning and data collected from smartphone & self-reported surveys to identify trends Khosla Ventures, True Ventures, in a patient’s health and wellness. It monitors users' mental health based on their voice intonation and calling Kapor Capital, Eniac Ventures, behaviour. Provides user a coach which makes a therapy plan and check user's compliance. Also, connects users $28.2M Romulus Capital, LaunchCapital, with the therapist when the patient trends toward a negative health outcome. The platform itself shares the Techstars, Rock Health, Kaiser insights with healthcare providers who can step in when it matters and care teams (such as spouses or family Permanente Ventures, Eniac Ventures members). Health Engagement Glooko [Palo Alto, 2010]: Glooko is a diabetes management solution for patients, health systems, and payer groups. Glooko’s products enable clinicians to remotely access their patients’ blood glucose readings and other related data, and optimize their insulin therapy. The company’s System allows people with diabetes to download their glucose readings to their mobile device. According to the company, their population management web app offers diabetes-centric analytics and supplies insightful reports, graphs and patterntriggered notifications to patients, health systems and payers. Partners include Abbott, Roche, LifeScan, Medtronic, Omnipod, Bayer, Nipro, Arkray among others Health Engagement Sentrian [Aliso Viejo, 2012]: Sentrian, formerly known as Jointly Health, is a Remote Patient Intelligence company. The company aspires to eliminate all preventable hospitalization by leveraging remote biosensors and machine learning to remotely detect patient deterioration before it becomes acute. Sentrian provides a cloudbased remote patient monitoring and analytics platform intended to reduce preventable hospital admissions, increase the efficiency and effectiveness of care teams and help improve quality metrics such as HEDIS, and Star $19.72M ratings. According to the company, the platform is designed to integrate with existing healthcare information systems and clinical workflows, facilitating adoption. Sentrian was awarded the 2015 North American Frost & Sullivan Award for Technology Innovation and 2015 American Telemedicine Association's Innovation Award for Remote Health Care 99 Healthcare Analytics Report, July 2016 $28M 406 Ventures, Merck, Radius Ventures, Ziegler, Mansa Capital, fchp.org, West Health Canaan Partners, S23P, Medtronic, Samsung Ventures, Canaan, Social Capital TELUS, Reed Elsevier Ventures, Tech Coast Angels, Frost Data Capital Suite Solutions Clinical Financial Operational Clinical (26/95) Company Details Funding Investors Health Engagement WiserTogether [Washington D.C., 2008]: WiserTogether is an online tool to match patients with treatments Grotech Ventures, Harbert that work. WiserTogether’s shared-decision tool helps consumers choose treatments based on clinical evidence, Management, Merck, 7 Wire personal preferences, cost, access and plan coverage. This tool claims to suggest better treatments, higher $18.21M Ventures, Blue Heron Capital, Martin compliance, improved health outcomes, and lower medical costs. WiserTogether’s products and other patient Ventures engagement services are offered through employers, health plans, and providers. Health Engagement VeriTeQ [Delray Beach, 2011]: VeriTeQ, formerly Digital Angel, develops and markets RFID technologies for implantable medical device identification and radiation dosimeters for use in cancer treatment. The technology is used by medical device companies to identify implantable medical devices from outside the body, while the devices are inside the body, on demand, at the point of use. Such technologies are being used by medical device manufacturers to comply with the FDA’s Unique Device Identification (UDI) legislation. VeriTeQ’s FDA approved $16.22M and CE Marked radiation dosimeters (both wearable and implantable types are available) help radiation oncologists, therapists and physicists ascertain the exact dosage of radiation penetrating a patient's skin at the site of a tumor or tumor area and prevent overdoses of radiation. In 2013 the company VeriTeQ acquired Digital Angel. In 2015 Veriteq Corp acquired The Brace Shop for an undisclosed amount. Health Engagement Healthloop [Mountain View, 2009]: HealthLoop provides a SaaS based care management platform and an Founders Fund, TomorrowVentures, analytics engine that enables medical practices to monitor patient health signs and symptoms, and Kapor Capital, Physic Ventures, communicate with patients during the recovery process. HealthLoop collects patient feedback and monitor $15.39M Subtraction Capital, Canvas Ventures, status against expected progress and automatically sends alerts to the physician or provider when data indicate Summation Health Ventures, Altos that a patient is at risk of treatment failure, complication, or hospital readmission. Health Health Engagement AiCure [New York City, 2009]: AiCure is an AI company that uses machine learning, computer vision, and big data to accurately monitor medication adherence (using a mobile device) in clinical trials and ongoing care settings. The patented technology uses facial recognition and motion-sensing software to observe patient $12.25M behavior via smartphone. The patient is prompted to take medication and then does so while holding the smartphone so the camera can verify that action. 100 Healthcare Analytics Report, July 2016 Hudson Bay Capital Management Pritzker Group, Tribeca Venture Partners, New Leaf Ventures, Substance Abuse Info, ncats.nih.gov Suite Solutions Clinical Financial Operational Clinical (27/95) Company Health Engagement Details Funding PhysIQ [Naperville, 2005]: PhyIQ, formerly known as VGBio, is a personalized physiology data analytics platform designed to track vital signs and detect clinically relevant changes against a personal baseline. The company $11.91M offers to differentiate itself by providing health updates based on a patient's own health background rather than comparison with broader population. PhysIQ technology is an early warning platform and not a diagnostic tool. Investors Lionbird, ONC, cie.uchicago.edu Health Engagement Wellframe [Boston, 2011]: Wellframe delivers a mobile platform that amplifies therapeutic relationships to engage patients in clinically validated, personalized care plans. The Wellframe solution combines mobile devices and artificial intelligence with human care to provide patients with daily guidance and support, while helping providers to identify and patient needs and manage risk more dynamically across a population and over time.Additionally, care managers can use the information to provide more timely, up-to-date and personalized feedback to their patients, in order to maximize patient adherence. Health Engagement Podimetrics [Cambridge, 2011]: Podimetrics provides a device and cloud-platform to predict foot ulcers for diabetic patients. Patients step on the home-monitoring bath mat with sensors, that tracks blood flow patterns, sends that data to the cloud to be stored and analyzed, and then predicts foots ulcers. The platform sends alerts $8.32M to patients and their doctors, once a pre-ulcer is detected. Started with an idea of data-transmitting shoe insole in Hacking Medicine conference in Oct'11. Winner of MIT $100K Entrepreneurship Competition in 2012. $6.8M Rock Health, Cambia Health Solutions, HealthTech Capital, Easton Capital, Hatteras Venture Partners, KMG Capital Partners Health Engagement Wildflower Health [San Francisco, 2012]: Wildflower Health is a provider of health engagement platform to improve healthcare quality and lower medical costs for pregnant women. Its mobile maternity program, Due Date Plus, uses self-reported data to identify high-risk pregnancies. It helps women manage their health during pregnancy, including directing women to programs available under their health benefits. They recently partnered with LifeMap to launch an app called LifeMap Due Date Plus for expectant parents with short term disability coverage. InVivoLink [Nashville, 2008]: InVivoLink promotes collaboration between hospitals and physicians by providing episodic data. InVivoLink collects and analyzes data on orthopedic and spine procedures and creates a national implant registry. The registry tracks outcomes and cost data to reduce physician-preference item spend. The company also provides a patient engagement portal that empowers recovery. $4.9M BlueCross BlueShield Venture Partners Health Engagement 101 Healthcare Analytics Report, July 2016 $10M DFJ, Rock Health, Draper Associates, Formation 8, Life Science Angels, Draper Associates, QueensBridge Venture Partners, Waterline Ventures, Asimuth Partners Rock Health, Norwich Ventures Suite Solutions Clinical Financial Operational Clinical (28/95) Company Details Funding Investors Health Engagement Sense.ly [San Francisco, 2013]: Sense.ly clinical platform that helps clinicians better manage their chronic care patients. It provides solutions for follow-up care including telemedicine, monitoring of vitals, photo capture, Fenox Venture Capital, Alchemist reminders and coaching to patients. Sense.ly uses natural user interfaces to facilitate the assessment of a $3.48M Accelerator, Launchpad Digital Health, patient’s condition and provide insights for meaningful follow-up. Sense.ly offers particular mobile platforms for Eastlink Capital, TA Ventures congestive heart failure, diabetes, and behavioral health. Health Engagement BioBeats [Berkeley, 2012]: BioBeats provides a platform which aggregates data from various wearable devices and applies machine learning, to offer insight. Tracks the vitals like activity, breathing and sleep through tracking device to provide real-time insights about health and stress via its app and dashboard. Also offers personalized $3.23M insights and health coaching. Aims to provide adaptive applications to prevent re-hospitalisations, absenteeism, and medical complications. Eniac Ventures, Zhenfund, IQ Capital Partners, Cantora, Eniac Ventures, Raptor Group, Zynik Capital, whcloud.com, AXA Strategic Ventures Stella Maris Health Engagement Medtep [San Francisco, 2011]: Medtep is a web and mobile-based Patient engagement and preventive health platform. It facilitates better outcomes by personalizing validated prevention and treatment plans. Offers two products: uClinics - which helps healthcare professionals define and personalize different care plans for all their $2.15M patients and establish a fluent bidirectional communication with them, and uPatient - which helps patients access personalized treatment and prevention plans for lasting behavioral change. Claims to have helped over 120000 users worldwide achieve lasting behavioral changes. Health Engagement My Own Med [Bethesda, 2013]: MyOwnMed is a customizable digital platform and mobile health app that captures between-visit patient health data, while bringing patients, doctors and caregivers together as partners in their care. An advanced analysis engine allows users to dig deep into aggregate patient data to review potential cost-savings, learn about patient experiences, and gain a deeper understanding of consumer markets. MyOwnMed's mobile app and web platform include communication and collaboration tools for patients and caregivers. It will offer both real-time communication tools and asynchronous trackers. The app is yet to launch. MyOwnMed also plans to help its users form communities through it platform based on shared characteristics such as demographics, disease states, location, etc. It will also host a question and answer feature. Founded by a Medical industry veteran who worked at FDA, UCSF and Immune Tolerance Network. 102 Healthcare Analytics Report, July 2016 $1.9M Suite Solutions Clinical Financial Operational Clinical (29/95) Company Details Funding Investors $1.5M The eCoast Angel Network, Walnut Venture Associates Health Engagement Senscio Systems [Boxborough, 2009]: Senscio Systems offers an artificial intelligence based inference engine, Scio, that collects data and draws inferences in real time and a healthcare application, Ibis, that uses the inference engine to help individuals better manage their chronic illnesses. Features offered on Ibis: CareStation, a touchscreen device that provides reminders for care-plan items; Wearbler Activity Sensor Suite, a sensor to monitor and learn activity routines, detect anomalies, and issue alerts; CarePortal, a web application for care teams; and the AI engine that detects declining health. National Research Foundation Singapore, Joyful Frog Digital Innovation, Gree Ventures, Sublime IP, Wavemaker Partners Health Engagement Healint [Singapore, 2013]: Healint is a digital-healthcare analytics company based in Singapore. Healint’s smartphone app captures patient behavioural data passively and gives physicians a dashboard of key diagnostic indicators between visits. Migraine Buddy, the company's first product launched in 2014, is a smartphone app $1.36M that uses passive sensor readings from mobile phones, external data sources, and user input to help patients better understand their migraine condition. The company claims a migraine onset prediction of close to 90 percent. Frost Data Capital Health Engagement Penzata [San Juan Capistrano, 2014]: Penzata offers a suite of solutions that help HCOs aggregate, analyze, measure, predict and track individual member health. The company's Penzata Personal Health Platform (PHP) uses data extraction, analytics and cognitive learning to transform claims, medical records, labs, prescriptions $1.18M and other individual data into actionable insights. The company claims its analytics platform is used to optimize individual engagement, care coordination and case management among payers, providers, clinicians and individuals. Moving Analytics [Marina Del Rey, 2013]: Moving Analytics develops smartphone-based digital therapies for chronic disease management. Their flagship product is Movn, a tele-health platform that enables cardiac rehab $1.17M centers deliver home-based programs to patients through their smartphones/tablets using a physical activity tracker and smart reminder. Movn is free and available for Android. Blueprint Health, Launchpad Digital Health, HealthX Ventures Health Engagement Health Engagement iDAvatars [Mequon, 2013]: iDAvatars, formerly Geppetto Avatars, uses Artificial Intelligence, Natural Language Processing and analytics to build a virtual character that can identify gesture, expression, tone and context of the person with whom the character is interacting. The platform provide a way to help nurses and doctors $1.14M between patient appointments. Sophie, the company's flagship avatar platform, asks patients a series of questions regarding sleep, diet, and emotional state. The application is mainly intended for children, senior citizens and veterans. iDAvatar is a partner in IBM Watson Ecosystem. It works on Android & iOS mobile devices. 103 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (30/95) Company Details Funding $1.1M Health Engagement JOOL Health [Ann Arbor, 2014]: JOOL Health offers a mobile health solution that uses big data acquisition, analysis, and predictive modeling to offer a personalized tool for promoting health and well-being in organizations. For individuals JOOL's prediction engine helps in self-discovery, acts as a health coach delivering personalized behavioral health tips to its users and a goal-setting and monitoring companion. The company claims its tool helps organizations capture capture quarterly health risk data and improve long-term program engagement and positive behavior change. Health Engagement Health123 [Seattle, 2011]: Health123 is a cloud platform providing a mobile and web applications to healthcare providers to engage patients through out their treatment. It provides organized content, customized care plans to patients along with direct connections to their care team. They ingest clinical, biometric, unstructured, and $1.02M self-reported information to create a customized map for every person through their APIs. It includes mobile todo lists synced to the care team, messaging, and session support, in their collaboration tool-set. $1M Health Engagement Next Health Technologies [Denver, 2013]: Next Health Technologies is a health care analytics SaaS platform and services provider that offers to recommend, manage and optimize consumer engagement. NextHealth Technologies aims to drive measurable consumer behavior change using a predictive analytics platform, behavioral economics, and omni-channel consumer engagement techniques to predict risk and prescribe personalized member-level actions or "nudges" to improve outcomes. NextHealth's customers include health plans, accountable care organizations, hospitals, and Medicaid providers. $1M Health Engagement NavisHealth [Santa Clara, 2010]: NavisHealth delivers on-demand, Healthcare Cloud Solutions that include: Engage, a mobile patient engagement solution for hospitals; Compliance Manager, a cloud-based, on-demand, analytics and reporting solution designed for Clinical Quality Measures (CQM) and Core Measure reporting; and Steamline Analytics, an analytics and reporting service that aggregates financial, operational and clinical data and transforms it into actionable dashboards, benchmarks and metrics-driven analytics. Somatix [Herzliya, 2015]: Somatix is a healthcare data analytics B2B software platform. Their product, SmokeBeat, is a mobile app that detects smoking in real-time. Their tech records real-time recognition of ‘hand to mouth gestures’ using sensors that exist on every wristbands and smartwatch, and processing pattern recognition algorithms on cloud-based servers. $750K Health Engagement 104 Healthcare Analytics Report, July 2016 Investors Point B Capital Dreamit Ventures Suite Solutions Clinical Financial Operational Clinical (31/95) Company Details Funding Investors $750K National Institutes of Health Health Engagement Polaris Health Directions [Wayne, 1997]: Polaris Health provides cloud-based platform, Polestar, for behavior health management, for chronic disease patients. The platform incorporates a predictive analysis tool, which generates insights on behavior health data input by the patient, and suggests relevant actions. Provides services to doctors and health systems. Partnered with MD Anderson Cancer Center on Breast Cancer Pilot Project, using the Apple Watch. $610k Health Engagement 4D Healthware [Chicago, 2011]: 4D Healthware is an integrated data solution for chronic disease management and prevention, driven by a device agnostic platform that utilizes applied analytics in the cloud. It uses data sourced from activity trackers, wireless scales and wearable biometric sensors to deliver care plan recommendations. Its platform is HIPAA compliant and its subscriptions are covered under chronic care management and are eligible for physician reimbursement as well. 4D Healthware was a semi-finalist in Mayo Clinic's Think Big challenge. $500K Health Engagement SensAura Tech [Montreal, 2014]: SensAura is a real-time emotion recognition PaaS using one or multiple biosignal modalities. It can be linked to any wearable devices on the market that includes at least one biosignal sensor. The machine-learning-enabled software converts biometric signals (heart rate and skin conductivity) into excitement and affability coordinates, which can be translated into emotions. Claim to leverage novel AI methods and new modalities in their solution which is able to accurately predict a user’s emotions and has ability to adapt with time. Not focusing on a specific field of application and offering the software as a platform to link compatible wearable devices for potential real life applications. Cladoop [Delaware, 2012]: Cladoop combines deep learning, computer vision, bigdata, cloud and wearable computing to measure and analyze emotional and behavioral health of children during their interaction with the clinical stimuli. The interaction is analysed for emotional competence, attention, hyperactivity, impulsivity, focus and interests and the analysis can be used to pre-screen for Autism and ADHD $500K Health Engagement 105 Healthcare Analytics Report, July 2016 TandemLaunch Suite Solutions Clinical Financial Operational Clinical (32/95) Company Details Funding Investors $415k Center for Innovative Technology Health Engagement TypeZero Technologies [Charlottesville, 2013]: Typezero products help in diabetes management by providing smartphone based solution that automatically controls insulin delivery, reduce a patients' average blood sugar level while simultaneously reducing a patient's risk of hypoglycemic events. Advice solutions provide real-time recommendations for meals, basal rates, bolus calculations and exercise decisions. It also has a cloud based analytics and support system to provide real time monitoring and notifications and analytics. The solutions will be used in a large scale NIH sponsored ($12.7 Million) clinical study by University of Virginia. Snap40 [Glasgow, 2014]: Snap40 is a healthcare technology company that interprets data obtained from its wearable device to detect patterns that can pre-empt deterioration in patient health. The company claims to identify high-risk patients far in advance of deterioration and provide healthcare staff with early warning notifications. It won £40,000 in the Scottish EDGE Awards in December 2014. The product is yet to be launched. $372K Health Engagement Health Engagement Owl Insights [Kirkland, 2011]: Owl Insights offers a cloud-based behavioral health and analytics platform that enables healthcare providers to assess their patient’s behavioral health status and monitor progress throughout the course of treatment using patient-reported outcomes. Features include: Screening new and prospective $333.33k patients for behavioral health problems; Measurement tailored to patients’ specific disorders; Automatic scheduling, scoring, normalizing and charting of patient-reported outcomes with clinical decision support tools; and Measuring patient, clinician, and clinic performance and optimize utilization. $295k LaunchHouse Health Engagement CompassMD [Cleveland, 2012]: CompassMD offers a patient-doctor compatibility tool that matches patients with the right doctors based on characteristics identified through the company's Healthcare Personality Assessment. The company claims that by facilitating better doctor-patient matches, it helps providers, payers and consumers to reduce the number of wasted doctor visits. CompassMD can be integrated into the existing websites and/or patient portals of payers and providers. The company uses a white label approach for their software. $250k V VENTURES Health Engagement burstIQ [Denver, 2015]: BurstIQ offers a cloud-based data aggregation platform for providers and patients. BurstIQ's platform syncs data from mobile devices and sensors, integrates all of the information it collects into a common analytics model stored in the cloud, and then aims to make sense of the data. As the program learns more about a user, it will adjust its insights to adapt to the user's behavior patterns and characteristics. The company spun out of 10.10.10 accelerator and lists IBM, MongoDB, Prime Health, Cloudera, and OpenStack as its partners. 106 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (33/95) Company Details Funding $250K Health Engagement Oculus Health [Cambridge, 2014]: Oculus Health offers a cloud based digital platform that allows users to manage their personal health and care using data analytics and decision support tools. It provides health coaching services for individuals and their families, care giver access, reminder systems, online record storage and mobile messaging. Oculus Health is a HIPAA compliant solution and can be connected with existing EMRs. Oculus Health is under the guidance of Blueprint Health accelerator. The company caters to individuals, providers and . $231K Health Engagement Magnea [Stockholm, 2015]: Magnea is a healthcare startup that has developed a wearable sensor that uses artificial intelligence to recognize typical movements of patients and seniors. The company's cloud-based software analyzes patient data and sends the relevant info to the caregiver. The company has signed Attendo and Karolinska Institutet as its customers and its first product, Magnea Care, launches on March 29th, 2016. Also offers Magnea Motivate, a motivational tool $220K Startupbootcamp Health Engagement Boundlss [Perth, 2013]: Boundlss is a technology company that analysis behavioural patterns of the different set of population. The analytics platform spots the key patterns of different teams and provides personalized recommendations for living healthier lives and improve efficiency. Have built a prediction and recommendation platform that draws on mobile data (location, movement, communication), social network data, and wearable self-tracking technologies, to provide powerful performance insights. $200k Health Tech NYC Health Engagement SenseHealth [New York City, 2012]: Sense Health gives healthcare providers a tool to efficiently and effectively increase patient support in between appointments. They help providers create, deliver, and monitor support scripts delivered to their patients via text messages. They have scripts which improve patient outcomes and drive provider communication efficiency. They allow doctors to make standard templates which can be used to save time while responding to patient queries. Healthy Humans [Wayne, 2009]: Healthy Humans is a healthcare SaaS platform that connects patients and caregivers and enables doctors to encourage, and track patient progress. The platform aggregates data from systems like EMRs, PMs, Patient Portals and provides warning indicators for patient non-compliance. The company claims its solution helps providers reduce their readmission rates. $150k BFTP Health Engagement 107 Healthcare Analytics Report, July 2016 Investors Suite Solutions Clinical Financial Operational Clinical (34/95) Company Details Funding Cloud 9 [Austin, 2013]: Cloud 9 psych provides Telepsychology services. Its offerings include mobile mental health assessments, behavior pattern tracking, video talk therapy sessions, scheduling and payments. It also offers collaboration services to clinics and other healthcare organizations for all mental health counselling services. $150K $140k Health Engagement Vheda [Columbia, 2013]: Vheda Health increases compliance for unmanaged chronic patients by giving them attention. Their smartphone-based intensive intervention combines live and video visits with a Vheda care team, remote monitoring from biometrics and behavior change modification. By automating care plan adherence tracking, they estimate to save upto $15,000 per prevented hospitalization as opposed to $500 from conventional SMS and letter messages. Howard County Economic Development Authority awarded them with Healthcare Technology Company of the Year 2014. Startup Health identified them as one of the 2014 Healthcare Transformers. Health Engagement ACE Health [Dublin, 2010]: ACE Healthcare provides a patient engagement and feedback software which enables patients to provide feedback on their progress in treatment and at the point of care. Its product, OpenFIT predictive analytics provides patient insights that are used by clinicians to improve patient engagement. OpenFIT helps patients to self manage their chronic condition. It also provides a set of APIs that $122.67K allows data to be shared with almost any existing Case Management System, EHR or Patient Management System. It also generate reports on clinician and agency quality by automating the delivery and scoring of healthcare assessments before, during and post treatment Health Engagement Optus Health [Hong Kong, 2015]: OPTUS is a platform that allows providers and payers to offer online consultations, manage patients, and analyze data. The company uses analytics to optimize their clients' revenue and operations. The consultations provided using this platform can be via live video, audio or text. The platform works either on a smartphone, PC or tablet and allows the users to customize features based on their requirements. Health Engagement 108 Healthcare Analytics Report, July 2016 $120K Investors The Iron Yard, TEDCO Suite Solutions Clinical Financial Operational Clinical (35/95) Company Details Funding Investors $100K Bridge 37 Ventures Health Engagement X2AI [Amsterdam, 2014]: X2AI uses artificial intelligence to help psychologists monitor, remind and actively care for their patients. Tess, X2AI’s psychological AI, holds conversations with mental health patients, administering psychotherapy and providing psychoeducation through existing technology-based communications, including SMS, WhatsApp and web browsers. The software can be used to provide mental support within a hospital setting, help patients adhere to medication and for behavioral therapy. Medivantix Technologies [Miami, 2011]: Medivantix Technologies was a healthcare information technology company that provided software products which offered clinical business intelligence to healthcare organizations. The company's CliniFacts suite of tools alowed hospitals to manage post-acute quality of care, and provided decision-support during discharge planning. The company was deadpooled in 2012. $100k $100k Health Engagement Innovate Wireless Health [Austin, 2009]: Innovate Wireless Health’s (IWH) RxMinder, is a platform designed to increase medication compliance. It provides chronic disease patients with medication reminders and allows them to confirm or deny their adherence using a mobile. It supports care givers with prescription tracking, messages,alerts and to communicate with patients through video conferencing, text chat and phone. Data analytics is used to identify non-compliant patients. The platform helps hospitals and health systems to improve patient outcomes and reduce hospital re-admission rates. $50k Healthbox Health Engagement Varsa Health [Chicago, 2014]: Currently in pre-launch Varsa Health is a platform for data analytics in behavioral health. The platform makes it easier to gather data from patients via clinically validated surveys, wearable devices, and the patient's circle of care. In turn, they provide the data to clinicians and care managers so they can better intervene with patients in need of assistance, as well as track patients along the continuum of care. Varsa Health is a Healthbox portfolio company. $50K Relevant Health Health Engagement Agewell Biometrics [Baltimore, 2013]: Agewell Biometrics uses wireless biometric sensors and data analytics to reduce avoidable injuries such as falls in the elderly. The in-development platform, loaded into a mobile device, would pick up cues from sensors. Agewell is developing a predictive data analytics platform which uses the sensors in modern mobile devices to determine risk of falling among seniors. Agewell's algorithms help determine risk factors such as abnormal gait to identify the best individual treatment for fall prevention. The team joins Relevant Health from Baltimore, MD. Health Engagement 109 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (36/95) Company Details Funding $25k Health Engagement Attention Point [Roanoke, 2012]: Attention Point develops and provides Web-based assessment tools to help clinicians provide diagnoses for their behavioral health patients. The company offers DefiniPoint, an online attention deficit hyperactivity disorder assessment tool that helps clinicians gather information from parents, teachers, and others. It offers DefiniPoint for the evaluation of ADHD in children. Algorithms of DefiniPoint enables clinicians to combine results from multiple informants and multiple test together to give a more accurate picture of the child's ADHD symptoms. FitSense [Singapore, 2015]: FitSense helps healthcare and insurance organisations using wearable technology and data analytics. Its first product is a white-label, device-agnostic mobile application that allows customers to easily and securely track and share physical activity data in order to improve their health and save money. $17k $1.03K Health Engagement HealthReveal [New York City, 2015]: HealthReveal provides a cloud-based, digital health solution that analyzes in real time, the health of at-risk patients and provides evidence-based diagnostic and treatment guidance. Health risks are detected through continuous monitoring of chronic disease patients. It tracks physiologic data generated by wearables and implantable devices, direct patient input data and electronic health records sources. Insights generated by these data are used by clinicians to prevent adverse patient outcomes Health Engagement Gociety Solutions [Eindhoven, 2012]: Gociety Solution provides a remote care solution for elderly citizens. The solution includes activity monitoring, fall detection, fall risk analysis, geo-fencing, caregiver integration and remote management. The app turns a client's smartphone or wearable into an intelligent mPERS. Caregivers get an automatic notification when the client falls, gets lost, is inactive for longer periods of time. It continuously runs trend analyses, searching for abnormalities in the client's physical parameters and behavior. Real-time insights into health-related metrics allow for early indicators and remote continuous care. Solutions include: GoLivePhone App, GoLiveAssist and GoLiveWear. Partners include: Samsung and Fraunhofer. Investors Startupbootcamp Health Engagement 110 Healthcare Analytics Report, July 2016 Aging2.0 Suite Solutions Clinical Financial Operational Clinical (37/95) Company Details JMI Equity Fund, www.bulgerpartners.com Health Engagement Capsule [Paris, 1997]: Capsule is a medical device integration solutions provider for hospitals and healthcare organizations which collects, normalizes and analyzes medical device data. Features included in the company's SmartLinx Medical Device Information System: Connect, collects and normalizes data from 18 different device categories; SmartLinx Vitals Plus patient monitoring system, integrates vital signs monitoring, clinical documentation and connectivity into a single device and SmartLinx IQ, an analytics solution that offers clinical and operational insight. The company offers 510(k) cleared software and medical grade hardware products. Acquired by QualCommLife in Sept, 2015. markedsmodningsfonden, Innovationsfonden Health Engagement Monsenso [Copenhagen, 2013]: Monsenso is a Copenhagen based e-health company that offers mobile solutions to help optimize the treatment of mental disorders. The company's mHealth platform developed for clinics and hospitals, provides an overview of a patient’s mental health through the collection and analysis of behavioral data and self-monitoring. It can be customized to support mental diseases, such as bipolar disorder, depression, schizophrenia, and borderline. Monsenso helps identify behavioral patterns and medication issues, and supports communication and information flow between patients and clinicians in real time. Healthcare professionals can use the cloud-based 'mHealth' service to monitor patients, check warning signs and offer treatment. The patients, after self-assessing their symptoms on the smartphone app, receive regular feedback from their healthcare provider. The historical health and behavioural data collected from individuals can be analysed to predict illness development and mood forecasting. Kytera [Plano, 2012]: Kytera develops remote monitoring solutions based on contextual activity analysis technology. The system tracks a senior citizen's activity patterns and uses cloud-based big-data analytics to understand daily routine, detects distress situation, and alert caregivers. Kytera graduated from the Microsoft Ventures Accelerator program in November 2013. Microsoft, Terralab Ventures Health Engagement 111 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (38/95) Company Details RoundGlass Partners Health Engagement Obeo Health [Burlingame, 2014]: Obeo Health is a healthcare technology company that provides a platform for employees to engage with their health. The platform uses prescriptive analytics and personal health data to help employees evaluate, manage and understand their healthcare needs. It provides a graphical view of healthcare bills, benefits and expenses and displays the predicted costs and personalized ratings for each plan to the employee. The platform also alerts the employee about potential overpayments and out-of-network charges that might be negotiable. Obeo health claims that by providing reliable information about medical costs, coverage and billing it helps improve health and financial outcomes. The employees can access these tools through their employers' benefits programs. Round Glass partners, an investor of disruptive health startups has invested an undisclosed amount. SPARK Venture Management Health Engagement OBS Medical [Abingdon, 2000]: OBS Medical (Oxford BioSignals), a spin-out from Oxford University, was formed to develop predictive algorithms for identifying instability in patients. Visensia analyses and interprets the patterns of vital signs collected from bedside monitors and ambulatory devices to generate a single earlywarning index. The Visensia Safety Index includes features like early detection of patient deterioration; Medical Home monitoring for patients with long term conditions such as Diabetes, COPD and BP. Other products include: BioQT Cardiac Safety with Confidence, a fully automated ECG software tool for measuring QT prolongation. Tekes Health Engagement Noona [Helsinki, 2014]: Noona Healthcare previously known as Adelmann Healthcare Solutions is a mobile service that gives cancer clinics a real-time holistic view of their patients’ wellbeing. The company claims to improve the quality of cancer patient care and make the patient-clinic relationship more personal and meaningful. Noona uses algorithms, automation and analytics for identifying acute symptoms in patients and alerting clinical staff; for providing self care instructions for less severe symptoms and for providing a personalized care. Noona also offers symptom reporting for patients and a dashboard for clinical staff to track performance indicators. Currently, Noona provides its solution only for breast cancer recovery. Health Engagement RoundingWell [Nashville, 2011]: RoundingWell is a web-based patient engagement and clinical decision support solution delivered to patients as they are engaged by their clinician team in the management of chronic conditions. RoundingWell’s focus on a variety of areas: discharge instruction understanding, medication and appointment adherence and symptom awareness. RoundingWell applies patient responses and feedback against proprietary algorithms to identify the early warning signs of risk (medication non-adherence etc.) and then delivers this information into clinician hands helping them to take informed, clinically appropriate, and cost-effective steps to manage a patient’s health. 112 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (39/95) Company Health Engagement Details Veedata [Toronto, 2015]: Veedata is developing an enterprise platform for health and life insurers to manage and analyze data from multiple wearable devices owned by their customers. It offers one connection and easy access to wearable data that can be used for accelerating strategic business initiatives by incentivising its members to follow active lifestyle. Health Engagement Memora Health [Boston, 2015]: Memora Health is a digital health company developing an ‘intelligent’ mobile messaging and analytics platform to improve chronic disease management. Hospitals and clinics can use the platform to automate the process of helping patients remember their medication and appointment schedules, improve self-care of chronic illnesses, and receive feedback from patients on their well-being through personalized text messages. Physicians can use the web-based analytics platform to personalize treatment plans based on patient feedback. Pharmaceutical companies can utilize the platform to run clinical trials and to get patient feedback on drug side-effects outside an isolated clinical setting. Health Engagement CipherHealth [New York City, 2009]: CipherHealth is a patient engagement company that uses predictive analytics to analyze clinical data and improve quality of care. The CipherHealth EVOLVE suite of technology solutions include -- Echo, tool for discharge instruction adherence; Voice, post-discharge follow-up program; Orchid, nurse rounding tool used on a smartphone; Link, wearable technology that tracks patient progress postdischarge and View, a care management platform. The company claims to help hospitals reduce readmission risks. It caters to providers, payors and patients. Health Engagement Sleep ASAP [Jerusalem, 2015]: Sleep ASAP (Art, Science, Awareness Platform) is a crowd sourced platform, based out of Jerusalem, that helps people suffering from sleep difficulties. The platform uses deep learning algorithms to find a link between a persons personality and their sleep patterns. The app analyzes the sleep symptoms and personality of a person, identifies a personal sleep profile (SleepDNA) and creates an individualized treatment plan. The methods suggested for sleep improvement are based on methods that have helped people with a similar profile. They also act as a bridge between sleep strugglers, sleep experts and the academic world. 113 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (40/95) Company Health Engagement Details Salusity [Boston, 2015]: Salusity is a patient engagement and remote monitoring platform that turns biometric data into an actionable disease summary for providers, patients and families. The platform combines data gathered from fitness trackers and patient reported symptoms with medical knowledge to identify signs of declining health. The platform can be used to predict and prevent a medical emergency. Health Engagement HexCare [Los Angeles, 2014]: HexCare is a preventative solution that enables patients and doctors to detect health issues through data contextualization. The company's digital platforms collect and analyze data from sources like health surveys, symptom trackers, medication use, wearables, and EHRs. HexCare provides doctors with access to aggregated patient data and combines a suite of data visualization tools with analytics to support improved healthcare outcomes. The company's flagship product is Hexcare Research. Health Engagement Triventis [Neptune City, 2015]: Triventis Health is a healthcare solutions company that combines a diagnostic tool which uses a predictive analytics engine with a low cost device. The company allows providers to stay in contact with their patients between visits and promotes population health management. Triventis Health is a collaboration between Wanda Health (a subsidiary of NetScientific) and iMPak Health. The company markets Wanda Health’s data analytics and iIMPak’s remote monitoring devices. It tracks trends, predicts unexpected events and creates alerts for timely interventions. Health Engagement SympaScope [San Mateo, 2015]: SympaScope, a company founded in 2015, is developing a wearable that can provide information of a person's mental health. The company aims to change the way mental heath disorders are detected and how the treatments are evaluated. It offers to provide quantitative insights about a patients’ mental health conditions using data from autonomic nervous system (ANS) and the patients' behavior. The company is currently in development phase and is in stealth mode. Health Engagement Lygics [New York City, 2015]: Artificial Intelligence based communication platform for healthcare providers. Platform can converse with patients through phone and text to verify insurance eligibility, schedule appointments, and create and update electronic medical records. This helps medical providers reduce time spent in checking insurance eligibility and ensures payers get clear idea of treatment expenses. As of Oct 2015, the company is in stealth mode. 114 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (41/95) Company Details Health Engagement Bluestar Diabetes [Baltimore, 2005]: BlueStar, a flagship product of WellDoc, provides mobile app for patients with type 2 diabetes, to track and manage their disease condition. Patients undergo an initial training with the platform and get contacted by BlueStar pharmacist, once their doctor forwards the prescription to BlueStar customer care and pharmacy. Patients can keep track of their blood glucose levels, medications, diet, and exercise using the platform, and see the patterns in their behavior. The platform gives feedback and motivation along with helpful messages and education tips, based on the information entered by the patient. Also allows patients to share the progress with their doctors. Health Engagement Noona [Helsinki, 2014]: Noona Healthcare previously known as Adelmann Healcare Solutions is a mobile service that gives cancer clinics a real-time holistic view of their patients’ wellbeing. The company claims to improve the quality of cancer patient care and make the patient-clinic relationship more personal and meaningful. Noona uses algorithms, automation and analytics for identifying acute symptoms in patients and alerting clinical staff; for providing self care instructions for less severe symptoms and for providing a personalized care. Noona also offers symptom reporting for patients and a dashboard for clinical staff to track performance indicators. Currently, Noona provides its solution only for breast cancer recovery. Health Engagement Personso [Delhi, 2015]: Medical internet of things and data analytics startup. Portable smart health monitoring device. Has 8 non-invasive and 1 invasive medical sensors. Claims to monitor ECG, EMG signals, pulse & oxygen functions, body position, temperature, blood pressure. Smart medical platform can be used to find doctors as per need like dentists, respiratory therapists, nutritionist, cardiothoracic surgeons, etc. Claims to offer features like integrated connected clinical environment, real time remote health monitoring, automatic appointments, geolocation based medical support listings, electronic health records analysis, artificial intelligence clinical trials, data visualisation. Yet to launch as of Mar 2016, though one can sign up to try beta release. Health Engagement Wanda Health [San Francisco, 2011]: WANDA Health is a remote patient management and analytics company for primary care patients with chronic diseases. The Remote Monitoring System (RMS) channels data from patients’ home to the WANDA predictive analytics platform which provides actionable information to clinicians. WANDA Health uses machine learning to assign Congestive Heart Failure patients a personalized risk score. 115 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (42/95) Company Details Health Engagement Aware Engineering [Zurich, 2013]: Aware Engineering, based out of Switzerland, provides a SaaS platform for physicians and patients to track treatment adherence by monitoring the status of a patients' FDA approved devices. The aE system enables adherence reporting for multiple devices using a bluetooth enabled sensor that is connected to the cloud. Features include: Predictive insights, real-time tracking, visualization dashboard and device performance monitor. Aware is a graduate of the Massachusetts Biotechnology MassCONNECT mentoring program. Health Engagement Diabetes-Cure.me [Berlin, 2014]: Diabetes-Cure.me offers a cloud based diabetes management platform that monitors blood sugar level and uses analytics and alerting systems to improve the lives of people with diabetes. According to the company, the product motivates, simplifies and enables self-management of diabetes, while it creates a real-time connection between the patients and the doctors. The company's “Sugar Guard” software does not measure the blood sugar, but uses the data provided from various tools to identify the possible insulin adjustments and be a better reference in the doctor-patient relationship. The company is currently developing a pain-free non -invasive diabetes management device that can be used as a wearable Health Engagement eCaring [New York City, 2000]: eCaring is a tool that allows providers to remotely monitor their patients from their homes. The tool uses intuitive icon based input methods for the users to record their daily activities. Its analytics platform helps identify deterioration signs early and helps providers intervene. The activities recorded on the platform include a patient's physical and mental state, eating, bowel movements, vital signs, medication adherence, and other critical information. The tool is targeted at the elderly and patients with chronic diseases. Health Engagement Kidopi [Ribeirao Preto, 2009]: Kidopi is a UN award winning healthcare technology company based out of Brazil that develops BI solutions for health. The CleverCare system of Kidopi, uses machine learning algorithms and artificial intelligence capabilities to allow communication with patients who require continuous physician monitoring. Questions are sent out via SMS, on the development of symptoms, medication schedule reminders and appointments. In September 2015, Kidopi was awarded the title of best computer software in health in Brazil at a premium of the United Nations (UN) for its Clever Care platform. 116 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (43/95) Company Details Health Engagement Livzo [Corte Madera, 2014]: Livzo is a cloud-based mobile and web-based solution for corporate wellness and preventative health services. Livzo is an employee engagement platform, that helps employees track their health and wellbeing using data from fitness and wearable devices. Users can track and analyze their health performance with lifestyle analytics and doctors feedback/ recommendations. It also offers a social platform for Users to connects to their peers, interest groups, health professionals network and permanent doctors. Health Engagement Klio Health [Boston, 2014]: The Klio system is a secure, web and mobile-enabled system with both provider and patient-facing interfaces that allows customers and partners to integrate with one or all three product modules namely Klio CarePlan, Klio Assessments, Klio Engagement to work with existing electronic medical record, population health, or care coordination solutions in a vendor-agnostic manner.Klio CarePlan generates personalized care plans by applying analytics to a patient’s medical history and demographics. Klio Assessments collects and processes patient-generated health data as well as data streams from third-party apps, wearable devices, and sensors. And Klio Engagement is A rules engine that processes this data and provides contextualized feedback to the patient and provider. Health Engagement Holmusk [Singapore, 2014]: Holmusk is a digital health platform that uses big data to tackle chronic diseases and influence positive health outcomes. The platform monitors user data and learn from the trends of their health. Data is collected from personal health records, medical and fitness devices, as well as traditional sources such as medical records. With prediction engine and other tools like analytics, visualization, prediction, and signaling, the platform recommends lifestyle changes before the condition worsens. Abakis [Port Coquitlam, 2012]: Abakis is developing software for the collection and analysis of autism treatment data, to help individuals with Autism and the intervention teams delivering care to them. This will provide the intervention teams with greater visibility into which treatments are most effective for each patient. Health Engagement 117 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (44/95) Company Details Health Engagement Jastr [New York City, 2015]: Jastr provides hardware and software services to healthcare systems and insurance payers, for predictive analysis of chronic diseases and health-finance management. Currently catering to solve chronic issues like orthopaedic disorders, neural disorders and geriatric care. Available to consumers as wearable & sensor, along with free mobile application features, software technology, cloud based storage, and consumer accounts. Health Engagement Hunhu Healthcare [Minnesota, 2014]: Hunhu is a mHealth company that provides support to individuals living with chronic health care needs. The company is based on the principle that individuals with good support networks need less care, stays healthier, and are less likely to return to a hospital. The company claims that its technology, Hunhu Connect and Hunhu Analytics, helps a person connect to the right individual and right resource at the right time. Hunhu uses data from a persons social activity and analytics to enable patient segmentation and risk management, provide personalized care and give real time decision support. Health Engagement VitaCloud [Bangalore, 2016]: Vita Cloud offers a electronic health record and analytics platform called The Human Hub which stores vital health metrics such as data from fitness tracker, medical devices, clinical records, environment and academic research. Offers a gateway for integrating digital health content into the Human Data Hub called VitaConnect and an analytics engine called VitaBytes for providing insight-driven digital solutions and services. Currently offers a Smart Health Monitoring solution continuous monitoring of chronic conditions and plans to launch corporate wellness tracker and health insights. Health Engagement ImagineCare [Lebanon, 2015]: ImagineCare, developed at Dartmouth-Hitchcock, is an evidence-based mobile health app. ImagineCare creates a patient profile using data from wearables and home sensors, behavioral health assessments and sensing, and ongoing health risk assessments. The company's software platform uses Clinical care pathways paired with advanced analytics and machine learning to arrive at the patient risk profile. The company uses Microsoft's, Cortana Analytics to power its app. 1healthy.world [Washington D.C., 2016]: 1healthy.world offers 1healthy.ai which is an Artificial Intelligence driven chatbot that helps optimize patient scheduling, improve patient experiences, and reduce denials and labor costs. The company is in Stealth mode as of June 2016. Health Engagement 118 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (45/95) Company Details Cogniant [Singapore, 2015]: Singapore based Cogniant provides services about behavioral health, patient enablement by implementing big data. It provides a clinical interactive dashboard with continuous updates on patient condition. It enables epidemiological view of patient condition and deep learning of patient behavior. Health Engagement HealthRhythms [Cambridge, 2014]: HealthRhythms uses data from multiple devices like smartphones, wearables, IoT etc. to capture everyday routines and then applies machine learning and predictive analytics to provide assessment and actionable clinical information in regards to mental health care. Health Engagement Health Engagement Health Engagement Vivametrica [Calgary, 2013]: Vivametrica is a Canada based predictive health analytics company that analyzes data from wearable sensor devices for the assessment of health and wellness. The company pulls data from smartphones and wearable fitness devices, to provide users with specific, actionable health advice, based on others who are similar in age, sex, health status, fitness level, geographical location. The company claims that its platform delivers a standardized approach to data collection and management, bridging the gap between wearable fitness applications and actionable data. Vivametrica was created by physicians and researchers and caters to consumers, enterprises, healthcare and researchers. Vivametrica was presented with the 'Top Venture Capitalist Prospect Award' and the 'One to Watch Award' by Startup Calagary. TelePro Health [Boston, 2015]: TelePro Health is a Personalized Predictive Telemedicine provider which equips doctors with a platform with online video visits, multi-functional workflow, and predictive analytics for personalized care. It combines clinical and consumer data into real-time health status and risk profiles to generate automated decision support for physicians and predictive wellness guidance for consumers. 119 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (46/95) Company Details Health Engagement Medann [Vancouver, 2014]: Medann has developed wall mounted sensors with machine learning algorithms for patient monitoring. Sensor is capable of detecting medical events like fall and relays it to supervisors. Use cases being better care for elderly, reduced emergency department congestion and reduced hospital wait times for surgery and medical imaging. Assisted Living Facilities benefit from needing less nursing staff and a reduction in insurance premiums and lawsuits. Health Engagement Ray Technologies [Bangalore, 2016]: IoT startup focused on delivering healthcare solutions. Consists of wall monitor which it claims can do respiration monitoring, no charging required and can be used for sleep monitoring. Claims baby monitor will utilize state of art sensors to predict SIDS, involuntary accidental choking/suffocation. Ray iCare system can be placed anywhere in house, though should be in bedroom ideally. Can draw from technological solutions that are capable of measuring location, heart rate, ECG data, respiratory data, temperature, accelerometer data, etc. Claims could use big data streaming through these devices to power algorithms and generate actionable insights. These insights could be then fed to intelligent systems that could diagnose, forewarn and predict future medical events. This can deliver information to emergency response teams and medical services. Health Engagement Tecsomed [San Diego, 2015]: Tecsomed provides solutions to manage diabetes in children. The company analyzes real-time data collected from wearables and uses those insights for intervention, behavioral management and disease education. Tecsomed’s myPOM features include: Wearable Communicator, Lifestyle Management, Parental Smartphone App and a Web Portal. The platform provides tools that identify where potential risk exist, and tools to communicate, locate, and educate an at-risk child. Health Engagement Koneksa Health [New York City, 2015]: Koneska Health, a company founded in 2015, is a healthcare data analytics company that helps researchers to remotely capture real time data from emerging technologies (biometric trackers, mobile devices and health apps). Koneska Health's data engine converts raw data into an analyzable model for researchers and clinicians to interpret. 120 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (47/95) Company Details Funding Investors $295M Goldman Sachs, CRG, Bregal Sagemount, innovation.cms.gov Decision Support Imaging Advantage [Santa Monica, 2007]: Imaging Advantage provides RadAdvisor, a cloud based decision support platform for radiologists. It collects and analyzes information from data sources such as the EMR, lab reporting software, surgical notes, admission/discharge notes and PACS, analyses data in real time and alerts the clinician if they stray from appropriate imaging guidelines. It also offer clinical and financial performance dashboards. The company is backed by Goldman Sachs, Brightwood Capital Advisors and CRG. In 2015 the company raised $250M from CRG in equity and debt. Goldman Sachs invested a total $40M in 2010 and 2012. Imaging Advantage acquired BRIT Systems in November 2014. The company is a recipient of the 2012 CMS Healthcare Innovation Award. Decision Support HeartFlow [Redwood City, 2007]: HeartFlow is a venture backed cardiovascular diagnostics company. The U.S.Venture Partners, Emergent company's technology uses CT scans and high-performance computing to provide physicians with data about Medical Partners, Capricorn blood flow within the coronary arteries. The company claims that the HeartFlow technology analysis led to a $226.84M Investment Group, Sandbox Industries 42% improvement in diagnostic accuracy as compared to a standard CT scan. HeartFlow was awarded the 2011 and HealthCor Partners Management EuroPCR Innovation award. Investors include U.S. Venture Partners, Capricorn Investment Group, Sandbox and Johnson & Johnson Industries and HealthCor Partners Management and Johnson & Johnson. Decision Support Butterfly Network [Guilford, 2011]: Butterfly Network, uses a combination of deep learning and an ultrasound based devices with specially designed processors to design low cost, portable, medical imaging equipment (replaces MRIs and ultrasounds). They call their devices capacitive micro-machined ultrasound transducers or CMUTs. They claim that the device will cost at least an order of magnitude less than standard equipment. Aims to launch the product in less than 18 months (pending regulatory approval). Incubated at the 4Combinator startup medical technology incubator. These devices will have applications in diagnosing various cancers and also visualising fetuses within a mother's womb. $100M medCPU [New York City, 2008]: MedCPU delivers clinical care advice through its Advisor Button technology for hospitals. Its Advisor Button captures the clinical picture from clinicians’ free-text notes, dictations, and EMR $50.9M and analyzes it against a library of content for generating precise prompts for care consideration. Decision Support 121 Healthcare Analytics Report, July 2016 Stanford University, Aeris Capital SVB Financial Group, Merck, Easton Capital, UPMC, New Richmond Ventures Suite Solutions Clinical Financial Operational Clinical (48/95) Company Funding Investors Epocrates [San Mateo, 1998]: Epocrates develops mobile and online clinical information and decision support software that enables health-care professionals to find answers more quickly and confidently at the point of care. The platform provides them reference information about drugs and diseases, and diagnostic tools. By 2010, the company said it had 1 million users worldwide, including 40% of the physicians in the United States. $35M DFJ, InterWest Partners, Saints Capital, Millennium Technology Value Partners, Industry Ventures, New Leaf Ventures, Three Arch Partners, Sprout Group, Bay City Capital $22M Decision Support VuCOMP [Plano, 2001]: VuCOMP, designs, develops, and markets computer-aided detection (CAD) systems for automatic analysis of medical images. It offers M-Vu CAD, a system that assists radiologists by identifying areas of a mammogram that are consistent with breast cancer. The solution is based on SmartMarks annotations that indicate detected regions with outlines that conform to the shape and size of the regions without obscuring important structures. The systems are compatible with digital mammography systems. VuCOMP was founded in 2001 and is headquartered in Plano, Texas. $20M Khosla Ventures, OurCrowd, Deep Fork Capital, Intermountain Healthcare, Dolby Family Ventures Decision Support Zebra [Ramat HaSharon, 2014]: Zebra Medical Vision provides a platform for medical imaging insights. The company uses machine learning algorithms on imaging data to provide patient health insights (identify and manage at risk patients) that can improve diagnostic quality. The company offers a SaaS based Analytics platform that delivers clinical decision support tools to healthcare institutions. Investors include: Khosla Ventures, Salesforce CEO Marc Benioff, Deep Fork Capital, Dolby Ventures, Ourcrowd and Intermountain Innovation Fund. Sipai Wangluo [Beijing, 2014]: Sipai Wangluo is health IT company that aggregates oncology data from hospitals and provides insight to doctors to help them with treatments. The company claims to help Oncologists in the diagnosis and treatment of tumors. According to Chinese media reports, Sipai Wangluo has raised capital from Eight Roads Ventures, F-Prime Capital Partners and Ping An Ventures. $20M Ping An Ventures, Eight Roads Ventures, F-Prime Capital Partners Decision Support Decision Support Decision Support Details Medicalis [Ontario, 1999]: Medicalis provides imaging workflow and clinical decision support (CDS) solutions at the enterprise level. The decision support solution analyzes patient history and current clinical condition to advise on appropriate radiology exams and offer Radiation dose alerts. The company claims that its platform $19.45M automates and manages processes and helps improve productivity, physician engagement and referral management. The company caters to imaging service lines of Integrated Delivery Networks (IDN). 122 Healthcare Analytics Report, July 2016 HLM Venture Partners Suite Solutions Clinical Financial Operational Clinical (49/95) Company Details Funding Investors QPID Health [Boston, 2012]: QPID Health's clinical intelligence software powered by clinically tuned Natural Language Processing (NLP) & Machine Learning, is EHR agnostic, and automatically delivers context-sensitive information from patient records into clinical and administrative workflows. QPID enables clinicians to be more $16.7M productive, patients benefit from decisions based on their complete health information, and hospitals gain cost efficiencies. Matrix Partners, New Leaf Ventures, Cardinal Partners, Mass General, Partners Health Care Innovation Enlitic [San Francisco, 2014]: Enlitic uses recent advances in machine learning (deep learning in particular) to make medical diagnostics faster, more accurate, and more accessible. Their technology is designed to interpret X-rays, MRIs, and other medical scans to spot tumors and other pathologies with better accuracy than human doctors and at much higher speed. Currently in development. $15M Amplify Partners, Data Collective, Seven Peaks Ventures, Capitol Health $12M Altaris, Newspring Capital, Pamplona Capital Management Decision Support Precyse [Wayne, 1999]: Precyse offers a suite of healthcare solutions like Health Information Management (HIM) Services, Medical Coding, Clinical Documentation Improvement (CDI), Medical Transcription, Cancer Registry and Oncology Data Management; HIM Automation platform with workflow technologies and Natural Language Processing (NLP) that supports inpatient and outpatient Computer Assisted Coding, and Computer Assisted CDI needs; and Precyse University, an education solution targeted towards helping hospitals. Acquired by Pamplona Capital Management in June 2015. $12M Decision Support Arterys [San Francisco, 2012]: Arterys is a company based out of SF Bay Area that uses machine learning and cloud computing to enhance the analysis of medical imaging. The platform enables clinicians to visualize and quantify blood flow non-invasively in the human body. Arterys has partnered with GE healthcare to provide a Cardiac Medical Imaging Platform that offers a 7D view of heart to help detect cardiovascular diseases. The company received Series A funding in December 2015. AME Cloud Ventures, Morado Ventures, Asset Management Ventures, Emergent Medical Partners, Norwich Ventures, GE Ventures, Startx $12M River Cities, Ascension Ventures, Summation Health Ventures Decision Support Advanced Practice Strategies [Boston, 1993]: Advanced Practice Strategies (APS) offers an education and analytics platform for clinicians. The platform, GNOSIS, measures clinical knowledge and judgment and then deploys an individualized learning path for physicians, nurses, and other clinicians. The platform also offers an actionable dashboard for nurse managers and administrators providing insights across multiple levels of care. Claims that the proprietary database of individual assessments (currently 30,000+ physicians and nurses) provides a transparent picture of clinical risk and specific opportunities for practice improvement. Decision Support Decision Support 123 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (50/95) Company Details Funding Investors $11M Trident Capital, Galen Partners Decision Support PeriGen [Cranbury, 1995]: PeriGen operates as a company that specializes in risk reduction and clinical quality improvement in obstetrics. It provides PERIBIRTH, a clinical decision support system for obstetrics; PERICALM, an electronic fetal monitoring solution; and reporting and analytics solutions. The company also offers consulting services, such as perinatal safety and risk assessments, protocol and clinical workflow review and design, training and skills development; and ambulatory solutions for clinicians and physician practices. Its clients include multi-hospital systems, academic institutions, and small community-based hospitals. PeriGen was formerly known as E&C Medical Intelligence. $9.8M 406 Ventures, Sandbox Industries, BlueCross BlueShield Venture Partners, Healthbox Decision Support Axial Healthcare [Nashville, 2012]: Axial provides a cloud-based platform that provides evidence-based clinical support for interventions, patient engagement, risk stratification for narcotic prescribing, and back-end reporting of utilization and benchmarking. Axial’s pain management solutions engage physicians, pain clinics and patients with coordinated care. It includes: axialAnalytics (patient and practitioner analytics); axialPractitioner (pain care pathways, performance metrics and point of care MD support); axialNetwork (pain clinic Center of Pain Excellence and COPE network contracting) and axialConsumer (targeted consumer support for high-risk pain patients). Decision Support Analytics4Life [Toronto, 2011]: Analytics For Life (A4L) is a Toronto based technology company that is developing a non-invasive cardiac monitoring technology that uses advanced "machine learning" based algorithms to derive accurate measures of cardiac function (ejection fraction ), myocardial ischemia and $9.02M coronary artery disease (CAD). The company is currently in Stealth mode. The Company's US subsidiary is located in Durham, NC. Decision Support INTIO [Denver, 2005]: INTIO (formerly Abla-Tx) develops software-based algorithms for planning, image guidance and quantitative image analysis for the interventional oncology market. Its software guides minimally invasive methods for the treatment of malignant and benign solid tumors. The company focuses on $8.85M interventional oncologic therapies including surgery, ablation, chemoembolization or radioembolization, and palliation for pain or relief of obstructions. 124 Healthcare Analytics Report, July 2016 Flagship Ventures, Johnson and Johnson Development Corporation Suite Solutions Clinical Financial Operational Clinical (51/95) Company Details Funding Investors $7.5M Sandbox Industries, BlueCross BlueShield Venture Partners Decision Support Oncology Analytics [Plantation, 2009]: Oncology Analytics is a Cancer management startup that provides decision support software to Oncologists. The company's web-based HIPAA compliant platform links physicians that treat cancer patients with information that helps them provide the best possible care. The company claims its clinical decision support system consists of over 2,800 treatment protocols that helps doctors give patients effective, minimally toxic and affordable regimens. Its oncology management services include prior authorization services; clinical decision support, physician education, and expert peer review services; oncology network evaluation and optimization consulting; and performance reporting and analytics services. $6M Health Enterprise Partners Decision Support Applied Pathways [Schaumburg, 2010]: Applied Pathways offers a cloud based platform, Curion, that offers clinical rules modeling and Enterprise Clinical Knowledge Management. The company's Visual Rules Authoring technology allows clinicians and business users to build best practice based decision support or quality management rules in the form of visual flowcharts which can then be integrated into third party systems or our specialized suite of applications. The platform helps organizations to guide the behavior of healthcare consumers, increase efficiency, and lower operational costs. $5.5M Callaghan Innovation Decision Support Volpara Solutions [Wellington, 2009]: Volpara Solutions(previously known as Matakina Technology) offers a suite of quantitative breast imaging tools that can be used by radiologists. Solutions include: VolparaDensity, assesses volumetric breast density from digital FFDM and 3D tomosynthesis mammograms; VolparaAnalytics, a reporting dashboard presenting key mammography metrics to assist quality assurance and resource planning; VolparaDose, provides a standardized measurement of patient-specific dose and VolparaResearch, tool for researchers to analyze breast density of multiple patients. Volpara Solutions is the sales and marketing arm of Volpara Health Technologies (formerly Matakina Technology) Decision Support RxREVU [Denver, 2013]: RxREVU offers to help patients and payers save money on their prescriptions by providing a clinical support tool that identifies the most effective medication at the best possible cost. The company sell medication dataset to healthcare solution providers that are looking for cost transparency and cost $4.54M saving tools within their products. Its cost-reduction strategies include therapeutic alternatives, splitting combination drugs, dividing high doses, generic substitutions, splitting pills, over the counter and quantity discounts. RxREVU claims to have over 6,500 cost-saving recommendations. 125 Healthcare Analytics Report, July 2016 Galvanize, NueCura, Summation Health Ventures Suite Solutions Clinical Financial Operational Clinical (52/95) Company Details Funding Investors $4.5M The National Science Foundation, Venture Investors, HealthX Ventures, Ventures Decision Support HealthMyne [Madison, 2013]: HealthMyne’s provides radiologists and oncology clinicians with an Imaging Informatics platform that brings together imaging and EHR information for use in evidence-based analytics and decision support. The system contains an image analysis engine that generates information such as tumor size and Lung-RADS categories for use in lung cancer screening. The platform also includes tools for reporting, sharing and discovery. $4.2M Holton Capital, St Louis Arch Angels Decision Support Radialogica [Clayton, 2011]: Radialogica provides tools and data to healthcare providers and payers to manage health quality of cancer patients. It provides a platform that enables clinicians to display, communicate and analyze radiotherapy data. The platform consists of "fullView" - allows clinicians to view images and treatment plans, "fullReport" - analyze and benchmark treatment plans, and extract user-defined parameters and "fullExchange" - share diagnostic images and treatment plans with otherclinicians. It serves physicians, physicists, dosimetrists, payers, and patients in the United States. $4.2M Janssen Decision Support NeuroVision [Sacramento, 2010]: NeuroVision is an integrated neuroscience company that focuses on designing diagnostic tests and biomarkers for early detection and monitoring of amyloid pathology related to Alzheimer’s Disease. The company has developed a retinal imaging technology, which is currently being utilized in clinical trials globally. It uses the datasets, to provide data aggregation services, analysis, biostatistics, and applies machine learning algorithms to the images and other biomarker data for understanding and prediction of neurodegenerative diseases. Circle Cardiovascular Imaging [Calgary, 2008]: Circle Cardiovascular Imaging develops analytical software for the cardiac imaging community. The company offers cmr42, an application for managing and evaluating cardiovascular magnetic resonance images. It is designed for clinical settings, as well as for experimental and clinical research. $3.9M BDC, Foundation Equity, AVAC Medical Image Mining Laboratories [Valhalla, 2008]: Medical Image Mining Laboratories offers software for analyzing and diagnosing medical images using machine learning and telemedicine. The company provides Skinofmine, which is an online dermatology solution that offers automatic image analysis of skin and hair conditions. $3.9M Decision Support Decision Support 126 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (53/95) Company Details Funding Decision Support Rijuven [Wexford, 2012]: Rijuven has built a platform of medical and consumer health devices. According to the company, it has combined health analytics, device capability and telemedicine compatibility. i2Dtx, a comprehensive cloud based medical device platform to wirelessly assess patients at point of care. i2Dtx $3.78M streamlines diagnosis of parameters like heart, lung, cardiovascular, vital signs, imaging and lab clinical assessments. In Oct'15, it launched a FDA cleared product, CardioSleeve, a 3-Lead ECG and Digital Heart Sound , for comprehensive heart analysis, is a portable facility grade diagnostics device at point of care. Decision Support Ambient Clinical [Rochester, 2014]: Ambient Clinical Analytics develops and sells decision support tools for healthcare data assimilation, communication, and analytics that support the ICUs, ERs, ORs. It offers AWARE, clinical decision support tool; multi-patient dashboard and real-time situational awareness solutions; Synthesis $3.17M for Windows to ease navigation of the electronic medical record; and Syndromic Surveillance screening solution, a medical informatic method that can be used to prevent bio-terrorism. Decision Support Decision Support Decision Support Investors Mayo Clinic, Rock Health, RAEDI, Gopher Angels, Social Capital Kyron [Valley, 2013]: Kyron analyze medical records of routine care to generate medical insights. They identify latent associations between conditions, interventions and outcomes to generate practice-based evidence. Domains of applications include diagnostic decision support systems, pharmacovigilance, and personalized medicine $3M Khosla Ventures AkeLex [Portland, 2001]: AkeLex, formerly known as Lifecom, is a clinical data analytics company that uses a SaaS model. AkeLex's Adaptive Knowledge Engine (AKE) provides decision support for acute diagnostic, therapeutic, chronic disease management, team triage, prevention and wellness. They cater to health service providers, health organizations, device manufacturers and accrediting organizations. $2.5M Aequitas Capital, OHSU | Oregon Health & Science University Sapheneia [Dillon, 2006]: Sapheneia provides diagnostic and analytical image processing solutions that enable radiation dose reduction through image quality enhancement. It offers Sapheneia platform, a software solution that uses post processing algorithms to reduce noise and enhances edges in CT, X-ray and MRI solutions. It also $2.28M offers custom imaging solutions for clinical end-users on CT and XR modalities, as well as for fluoro and ultrasound modalities. The company delivers its solutions to healthcare providers and enterprise clients through a network of resellers, distributors, and OEMs and online. 127 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (54/95) Company Details Funding Investors Scottish Enterprise, Archangel Informal Investments, Old College Capital, Tri-Cap Central MN Decision Support Blackford Analysis [Edinburgh, 2009]: Blackford Analysis provides medical imaging software to accelerate imaging workflow in hospitals. It develops algorithms for real-time analysis of datasets. The company claims that by saving clinician time and increasing capacity, its products help to increase productivity and efficiency $2.21M across hospitals. The imaging platform originally developed for spectral analysis in astrophysics, is capable of processing hyperspectral and image data in real-time. The company is a spin-out of Edinburgh University. CincyTech Decision Support Cordata Healthcare Innovations [Cincinnati, 2002]: Cordata Healthcare Innovations, previously Priority Consult, provides a subscription based technology solution to assist providers in coordinating care for complex specialties like spine, ortho and oncology and provides an analytic view of care paths and outcomes. The company claims to $2.09M drive clinical and business outcomes using data driven insights that provide better care coordination, better patient engagement and better adherence to care plans. Solutions include Cordata Spine and Cordata Oncology $2M evaluate.com Decision Support Advera Health [Santa Rosa, 2010]: Advera Health Analytics, formerly AdverseEvents, is a health informatics company that improves patient safety by analysing the side effects of drugs. The company offers a predictive analysis system that scans side effects data and spells out who should or should not use certain medicines. Advera's intelligence helps health care providers manage their formularies, or the official list of drugs they prescribe. Advera Health provides solutions to enterprise markets including managed care organizations, health systems and hospitals, and the pharmaceutical industry. MedyMatch [Tel Aviv, 2013]: MedyMatch provides a platform which uses cognitive analytics and artificial intelligence to deliver real time decision support tools to aid physicians, doctors and surgeons. The platform uses deep learning based computer vision technologies to gather insights from and detect anomalies in scans. $2M Exigent Capital Management, genesisfirm.com Lunit [Seoul, 2013]: Lunit, formerly known as Cldi, is a Seoul based company that uses deep learning technology and algorithms for medical image analysis and object detection. The company received funding of $2M in November 2015 from Softbank Korea and others. Lunit plans to expand the use of its technology to other domains in medical records. $2M Formation 8, SoftBank Ventures Korea, K Cube Ventures Decision Support Decision Support 128 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (55/95) Company Decision Support Details Funding Investors Flashback Technologies [Boulder, 2009]: Flashback Technologies has developed a machine learning framework for the real-time analysis of physiological data. The company's platform called CipherSensor is used for predictive decision support in the care of patients in the trauma and critical care settings. The technology is currently patent pending. $2M Pacific Advantage Capital Decision Support DiACardio [Omer, 2009]: DiACardio is an image processing software company that develops tools for automating the evaluation of echocardiographic images. The company's LVivo platform uses algorithms to enable automatic detection of the heart’s ventricle walls borders and to track their movement over the duration $1.95M of the echo imaging video. It makes a quantitative assessment of the heart’s performance. The company's currently offers: LVivo EF (Ejection Fraction) and LVivo SG (Segmental Evaluation). Decision Support GenePred [Marseille, 2011]: Genepred develops algorithms for disease prediction based on genetic markers. GenePred, in partnership with the UMR 906, identified a panel of over 40 genetic markers for prediction of acute liver fibrosis. It has identified a set of genetic polymorphisms linked to Keloid and Hypertrophic scars and is in the process of developing predictive algorithm for the prediction of these scars before any surgery $1.36M procedure. It is also involved in research activities in partnership with Aix Marseille University/ INSERM (UMR906) and is open for research partnership, IP deal, co-development with other reserch agencies also. GenePred is a spin-off of the INSERM Research Laboratory of Alain Dessein. Decision Support AlertWatch [Ann Arbor, 2011]: AlertWatch develops a a real-time patient monitoring software that integrates, analyzes and displays patient data intuitively so that clinicians can respond faster to potential problems. The software is used in hospital operating rooms, ICUs and emergency departments, and a six month retrospective study has shown that is improves response time to a variety of intraoperative situations, such as hyperglycemia and hypotension. AlertWatch software is integrated with additional hospital systems, such as AIMS or FlowSheet. AlertWatch: OR is intended for use by clinicians for secondary monitoring of patients within operating rooms. AlertWatch accomplishes this by aggregating data from networked physiologic monitors, anesthesia information management systems and patient medical records and displaying them at a central location. Once alerted, the clinician must refer to the primary monitoring device before making a clinical decision. AlertStats allows providers to see, anonymously, how they are doing compared to their peers on a variety of clinical process measures and also allows hospital administrators to track these metrics, over time, to see how the institution is progressing on quality efforts. 129 Healthcare Analytics Report, July 2016 $1.2M Altair, Shengjing 360, CEIIF Ann Arbor SPARK Suite Solutions Clinical Financial Operational Clinical (56/95) Company Details Funding Decision Support Deontics [London, 2009]: Deontics uses AI to offer Clinical Decision Support Systems (CDSS) that are designed to promote evidence-based and personalized medicine. The company claims Deontics systems integrate individual patient data from EMRs with clinical guidelines and creates individualized treatment recommendations, $1.14M workflow, quality alerts, prognostication and clinical trial eligibility alerts. The system was developed at Oxford University and University College London and access is offered to clinicians, providers and patients. Deontics has built a range of CDSS apps e.g. Breast, Lung, Colon, Prostate cancers. Decision Support RGI Informatics [Cornwallville, 2011]: RGI offers software products that provide real time clinical data analytics and retrospective analytics. RGI’s two primary products are the Healthcare Analytics Platform, for retrospective analytics of clinical data, and RGI Mobile, for point-of-care clinical decision support. The company claims its software platform bundles complex data into analytics and gives clinicians actionable insights. RGI Mobile $1.09M identifies and displays data that meets risk criteria and relays an alert to the clinical team for further investigation and timely action. According to the company, its technology collects, processes and displays data from a variety of hospital systems and medical devices, permitting the viewing of a single patient’s data trended over time from the entire patient stay. $1M Decision Support MedAware [Raanana, 2012]: MedAware uses big data analytics and machine learning algorithms to analyze large scale data of EMRs, to learn automatically how physicians treat patients in real life scenarios. Prescriptions largely deviating from the spectrum of standard treatment patterns are flagged as potential errors. The company also offers MedAware Risk Management, MedAware Quality Control and MedAware Reducing Alert Fatigue decision support tool helping clinicians, hospitals in improving patient safety and healthcare quality. Montage Healthcare [Philadelphia, 2010]: Montages's Search and Analytics uses natural language processing (NLP) to extract and visualize business and clinical insights from an organization’s radiology information system (RIS) and electronic medical record (EMR). Search is the underlying mechanism for uncovering clinical findings. $1M Decision Support 130 Healthcare Analytics Report, July 2016 Investors Apax Partners OurCrowd, GE Ventures Suite Solutions Clinical Financial Operational Clinical (57/95) Company Details Funding Investors $900K Seed Capital Decision Support TeleSkin [Esbjerg, 2007]: TeleSkin is a startup that develops hardware, software, and mobile solutions for the early diagnosis of skin cancer, melanoma, and other dermatological conditions. TeleSkin has developed an integrated hardware/software solution with a clinical multi-spectral dermoscope for the medical practitioner to conduct a dermoscopic analysis, and skinScan, a mobile application for patients and consumers to analysis moles and engage in the management, diagnosis, and care of patients with skin cancer and melanoma. 1.9M IP Group Decision Support Intelligent Ultrasound [Milton, 2012]: Intelligent Ultrasound offers medical imaging tools to improve diagnosis of medical ultrasound. The company's Intelligent Quality Analytics (IQA) is a software based service that checks the quality and completeness of images using machine learning algorithms. It also provides healthcare organizations a means to review the output of their ultrasound imaging departments using operational and performance metrics. IQA The company is a spin-out of Oxford University. BoshiCloud [Beijing, 2014]: BoshiCloud is a cloud based hospital management tool. It provides data analysis tools to keep the track of patient information. Some of the other tools are mobile based ward management, patient progress and digitized reports etc. It claims to have raised Seed round of funding. $817K $780K Rough Draft Ventures, Thinkplus Decision Support Nightingale App [San Francisco, 2013]: Nightingale App supports practitioners, including applied behavior analysts, speech-language pathologists and occupational therapists to provide a personalized mobile solution for autism patients. Provides practitioners with customized tools for HIPAA compliant data collection, reporting, and analytics. The web interface utilizes data captured via mobile to automate processes like graphing and reporting, and guides decision-making to optimize client outcomes. Cloud-based collaboration features allow care teams, parents, and administrators to communicate and monitor clients' progress in real time. The app is available on the iOS App store and Google Play store. $750k Dreamit Ventures, Tencent, Dreamit Ventures Decision Support Tissue Analytics [Baltimore, 2014]: Tissue Analytics offers a HIPAA compliant smartphone application for physicians to track and assess patient wounds. The image analysis algorithms developed by Tissue Analytics help standardize wound documentation and support clinical decision making. Nurses stream photographs of a patient's wound to a physicians who then can evaluate, track and manage the patient using Tissue Analytics' web portal. The app is available for iOS and Android. The company was funded by Tencent and accelerator program DreamIt Ventures. Decision Support 131 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (58/95) Company Details Funding Investors $750k VentureNursery, Yournest Decision Support Arya [Mumbai, 2014]: Arya.ai is an AI based research companion app built with users' existing research data. Users can ask Arya their queries through a chat based UI. Can be used to search for research papers or data in existing documents, predict the research importance of the papers and research topic growth over the years, find the future of research topic in other domains, search for alternate words for research topic, ask for a solution among the results, and to get a knowledge graph of the searched query. Building research assistants (Aryas) specific to domains like hiring, life sciences, legal among others. Product of InvenZone, which was accelerated at VentureNursery. Claims to have created a prototype in the medicine and security sectors as of January, 2016. The prototype for the security sector functions by using a chip that is embedded into the security camera, which is connected to the Internet and has access to a cloud server. Action sensors alert a security manager about a potential mishap. $562k Y Combinator, HealthX Ventures Decision Support EnsoData [Madison, 2015]: EnsoData makes a software EnsoSleep for sleep clinics that automates sleep data analysis using machine learning. Doctors and their teams can drag-and-drop sleep data from the devices they already use into the web application. Then the machine learning software automatically identifies all of the respiratory and neural patterns relevant to sleep apnea, and exports this analysis back into the devices native viewing software. Many clinics pay $30-$40 per hour for 1-2 hours for this analysis by hand; in comparison, EnsoSleep claims that their solution is 100x faster, and less than half the cost. EnsoSleep is designed for sleep clinics ranging in size from small private practices to large integrated health systems. Decision Support Decision Support EpiFinder [Scottsdale, 2014]: EpiFinder provides clinical decision support technology to neurologists to help diagnose epilepsy syndromes at the point of care. The proprietary software uses machine learning and artificial $437.5k intelligence algorithms on the back end to help with diagnosis. Mentors include SeedSpot, a social venture incubator in Phoenix. Founded in 2014 based in Scottsdale, Arizona. Radial Analytics [Cambridge, 2014]: Radial Analytics is a healthcare data analytics company that provides decision support solutions that identify the most suitable post-acute facility or agency for each patient. The $400.04K company aims at helping healthcare organizations optimize quality, outcomes and costs. Radial Analytics caters to Accountable Care Organizations, hospitals, and payers 132 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (59/95) Company Details Funding Investors Decision Support THINKmd [Burlington, 2014]: THINKmd offers MEDSINC, an integrated point-of-care clinical assessment tool that enables a minimally skilled user to gather patient information, assess severity of illness, and provide treatment recommendations. Features include: Enables clinical assessment across illness categories, Supported $327.5k by AI governed by evidence-based medicine, Functional on web-enabled mobile device; OS agnostic, and Captures real-time public health and geo-location data. THINKmd, is a benefit corporation $310K Innovation Nest Decision Support Infermedica [Warsaw, 2012]: Infermedica is currently developing a medical diagnostic engine that supports developers to build smart applications that help doctors and patients make better decisions. Infermedica provides a secure API through which anonymized patient health data is send for diagnostic analysis. Using machine learning algorithms the patient data is processed and analyzed. The engine is intended to be integrated into electronic health records and mobile health applications. CardioLogs [Paris, 2014]: CardioLogs provides a software for healthcare professional to screen patients for cardiovascular diseases. The software uses machine learning algorithms to assist in ECG interpretation. The company claims the interpretations are processed in real-time. The solution has both offline and online modes. $300K Founder.org Densitas [Halifax, 2011]: Densitas is a medical device software company that develops technologies that extract relevant information from images. The company's flagship software DM-Density provides breast density measurements from digital images taken during mammograms. Other products include: DM-Dose, estimates the radiation a patient is exposed to during the mammography process; DM-Analytics, processes the data generated during mammography and presents key metrics; and DM-Workflow, mammography workflow solution that assists radiologists. $250k Innovacorp Parzival [San Francisco, 2013]: Parzival is a decision support tool for physicians that uses machine learning algorithms to aid physicians in searching for medical content. The web-based system integrates machine learning algorithms with an initial curation process to create a relevant search experience for doctors. The content is validated and rated by the MDs and the search results are updated based on the ratings. $250K Stanford University FreshTracks Capital Decision Support Decision Support Decision Support 133 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (60/95) Company Details Funding Investors saykara [Seattle, 2015]: SayKara offers a system that automates patient documentation for physicians. Operates for machine learning and speech recognition in the healthcare sector. As of May 2016, the company has not yet launched any products. $200K Deep 6 Analytics [Pasadena, 2013]: Deep6 Analytics is a tech start-up which focuses on cutting edge technology of Machine learning and content analytics. The software can be used in any industry and enterprise to get deep insight into unstructured data. $120k Techstars, Cedars $100K Rock Health Decision Support CancerIQ [Chicago, 2013]: CancerIQ provides a cloud-based platform to doctors for identifying cancer-risk patients by lifestyle, clinical, and genetic assessment; improving patient adherence by engaging with them on the portal; and making decisions to improve patient's disease condition. Proposes to launch a patient-facing portal in future, which patients can access from their homes. Platform is offered in three parts to providers genetic screening, risk assessment & prevention, digital communication. $75k Decision Support Amara Health Analytics [San Diego, 2010]: Amara provides real-time predictive analytics to support clinicians in the early detection of critical disease states. Early detection enables rapid response, driving better patient outcomes and lower healthcare costs. With the acceleration toward value-based payment models, Amara delivers the decision support software needed to achieve decreased lengths-of-stay, lower utilization costs, and enhanced revenues. $50K Decision Support Vy Corporation [Cambridge, 2000]: Vy is a software development company specializing in shape detection and object analysis software and services. Their patented technology finds order in real-world imagery and represents this discovered order in a searchable relational database. They start by finding mathematical models of Bezier curves and straight lines. Then they use object models to identify areas and objects of interest. The key differentiator is highly reliable (99.999% accuracy) search of real world imagery (low contrast, high noise) based upon shape and complex object models. Decision Support Decision Support 134 Healthcare Analytics Report, July 2016 BFTP Suite Solutions Clinical Financial Operational Clinical (61/95) Company Details Funding Investors $25k AlphaLab Decision Support BlenderHouse [Pittsburgh, 2008]: BlenderHouse is a software company that develops healthcare applications using its proprietary Applied Learning Engine algorithms. The company offers CompleteNote, a clinical health care application, that uses machine learning and data analytics to collect clinical data, provide workflow based clinical decision support, and auto-generate patient encounter documentation. Also offers CHRISS (Cardiac Health Risk Stratification System), a web-based decision support suite of tools for assisting physicians and patients with dealing with advanced heart failure. €15k Startupbootcamp Decision Support Evinance [Montreal, 2012]: Evinance, based out of Canada, provides a decision support platform that can be accessed by both providers and patients. The platform offers guidelines which are fed into a decision support engine that can generate patient-specific recommendations by reading the data in Electronic Health Record (EHR) systems. The personalized recommendations are presented to physicians directly within their EHR system and to patients in a format and language they can understand. The company claims to provide a platform that helps in joint decision making and one that helps improve quality and cost outcomes. $20K Gener8tor Decision Support Behold.ai [New York City, 2015]: Behold.ai is a deep learning technology that identifies visual differences between healthy and unhealthy images. Healthcare practitioners can upload images to the company's server which then processes them using pattern recognition software. The server responds with the original images along with tags detailing abnormalities that the software identified. Radiologists agree or disagree with the prediction providing feedback to the learning algorithms. Behold.ai also outputs a preliminary predictive diagnosis factoring in all images. $20k Iron Yard Ventures Decision Support Data Minded Solutions [Hoboken, 2014]: Data Minded Solutions uses computing techniques in the fields of machine learning, data mining, visualization and cognitive computing to transform raw data into actionable information. Data Minded Solution aims at empowering care providers with a medical decision support mechanism that allows preventative measures to be taken without adding burden to their workflow, shifting the point-of-care from the office to wherever the patient is present. As of now, they are focused on providing decision support mechanism in diabetic care. 135 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (62/95) Company Details Funding Investors Decision Support VectorDoc [Bangalore, 2014]: VectorDoc is a healthcare platform enabling healthcare delivery in resource contrained areas. Platform addresses key areas like disease diagnosis, triaging, emergency handling, healthcare workflow and collaboration, disease surveillance etc and targets segments like rural/urban poor areas and hospitals to optimise the limited bandwidth of doctors by leveraging healthcare workers. An AI based solution, $16.18K the platform aims to address the issue of looking at a patients vitals and symptoms and whether decisions can be made by accredited healthcare workers or if it has to be escalated to doctors on the platform. The platform allows collaboration among doctors, secure storage and sharing of medical records, remote viewing of cases and e-prescriptions. Incubated by Villgro and has also received an undisclosed amount of funding. Accel Partners Decision Support SigTuple [Bangalore, 2015]: SigTuple provides a data driven, machine-learned, cloud-based solution for detection of anomalies and trends in medical testing to improve the accuracy and efficiency in disease diagnosis. The founders have an IIT background. They have a Machine Learning platform called Kurma, which they claim can provide insights from data. They also use deep learning to medical diagnostic images to detect and predict the chances of the person (of whose the images are) having a particular disease. CureMetrix [Rancho Santa Fe, 2014]: CureMetrix, offers an analytics platform that detects and classifies anomalies in medical images such as mammograms. The algorithm is used to predict and model hospital patient population data and use it to improve clinical and financial outcomes. The company claims its algorithm is data agnostic and can identify anomalies with a 90% accuracy rate in complex 2D and 3D data. Analytics Ventures Imagia Cybernetics [Montreal, 2014]: Imagia Cybernetics offers medical image analysis solutions for cancer detection, segmentation, follow-up, and classification using artificial intelligence and deep learning algorithms. Imagia uses a tumor data set labelled at the per-pixel level for each modality and type of cancer to better detect cancer. BDC, Lumira Capital, Emerillon Capital Decision Support Decision Support 136 Healthcare Analytics Report, July 2016 Villgro Innovations Foundation Suite Solutions Clinical Financial Operational Clinical (63/95) Company Details BonAngels, http://home.futureplay.co/ Decision Support Vuno [Seoul, 2014]: Vuno is a South Korean medical diagnostics startup that uses Machine Learning and Deep Learning to analyze patient imaging data and gain insights that help doctors diagnose diseases. The company has its own proprietary deep learning engine VUNOnet. Investors include Bon Angels and Future Play. The company has been named as one of the '5 Deep Learning Startups to follow in 2016' by VentureBeat. The company has offices in Seoul and Delaware. Center for Innovative Technology Decision Support eKare [Fairfax Station, 2013]: e-Kare is medical device company that is working towards design and development of wound assessment solutions using the computer vision and mobile technology. A spin-off enterprise from the Children’s National Health System, Washington DC. Their product, inSight is an FDA cleared Class-I device. It is an add-on device for Apple iPad. It is a Structure Sensor and uses eKare’s proprietary computer vision algorithms to deliver 3D wound measurement. Provides a cloud-based platform for care coordination for wound management. Connects across the healthcare continuum using eKare’s HIPAAcompliant platform with the 3D measurements. GreenHills Ventures Decision Support Vital Images [Minneapolis, 1988]: Vital Images, a Toshiba Medical Systems Group Company, is a provider of health imaging informatics solutions, including: visualization, enterprise image viewing solutions and business intelligence technology. The company's VioSuite Image Management and Vitality Solutions Business Intelligence product provides healthcare administrators with tools to improve system-wide image access and image data analytics. The company's flagship products are VitreaAdvanced and VitreaView software, Healthbox, GuideWell Decision Support Hindsait [Englewood, 2013]: Hindsait's SaaS platform helps healthcare organizations predict, manage and improve patient outcomes more profitably. The company uses Natural Language Processing to unlock clinical data while machine learning to mine clinical & business data sets to identify trends. Hindsait's levers AI & predictive analytics to help clients manage complex challenges such as real-time optimization of diagnostic and treatment plans. Mars Discovery District Decision Support MedCurrent [Toronto, 2003]: MedCurrent provides a cloud-based CDS analytics platform that helps healthcare organizations to analyze ordering patterns and rules among physicians and specialist groups. The CDS can be used on clinical ordering process, like lab, cardiology, and surgery. The EMR integrated platform helps referring physicians to check the appropriateness of procedure ordering and offers recommendations. The analytics reports can be customized based on needs. MedCurrent provides services in the U.S. and Canada. 137 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (64/95) Company Details Mars Discovery District, Genesys Capital Decision Support Therapeutic Monitoring Systems [Ottawa, 2007]: Therapeutic Monitoring Systems is developing clinical decision support software for use in critical care medicine. The company's CIMVA software platform will be used by physicians & nurses in the hospital ICU and emergency department. CIMVA software integrates with critical care monitors to analyze patient vital signs, offering insights into a patient’s health status currently unavailable. CIMVA software can be used on browser-enabled central viewing stations or mobile devices. Mayo Clinic Decision Support AnalyzeDirect [Overland Park, 1999]: AnalyzeDirect provides Medical Imaging software solutions 3D Image Visualization, Image Analysis and Segmentation. The products - AnalyzePro & Analyze are powerful comprehensive software suites for display, processing, segmentation, registration and measurement of biomedical images. They allow for analysis on images from multiple modalities including MR, CT, PET and SPECT. The suites include -Display tools for image review and visualization, Segmenting tools for fast and precise region definition, Processing tools for Image post-processing and optimization, Inter- and intra-modality registration for the fusion of image data, Tools for spatial and intensity transformations, mathematical processing and data reorientation, and in-depth statistical analysis tools. Myrian Capital Decision Support Riverain Tech [Miamisburg, 2008]: Riverain Tech develops software tools for early detection of lung disease. The company uses machine learning and image processing algorithms to enable clinicians to arrive at faster diagnoses. It has two suites of products on the market. The ClearRead CT suite uses advanced algorithms to detect the presence of all types of lung nodules, including solid, sub-solid and ground glass. The ClearRead X-Ray suite uses existing X-ray equipment to provide soft-tissue images of the chest. Candescent Health [Waltham, 2015]: Cloud-based, software-enabled service allows radiology service providers to provide care, while optimizing diagnostic performance by re-engineering clinical and workflow processes. Claim to enable over 125 radiologists to provide standards-based care to over 1M patients annually at 60 facilities in 23 states. Oak Investment Partners Decision Support 138 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (65/95) Company Details Decision Support SemanticMD [Houston, 2013]: SemanticMD offers a SaaS platform that enables physicians and researchers to design and develop medical image analysis algorithms that integrate with their own applications using tools powered by deep learning. The company has developed a visual search engine which enables physicians to take an image of an unknown disease state and match it to a database of known conditions. The platform can be deployed either over the cloud or on premises and supports 2D and 3D medical images in addition to ultrasound videos. The company will start offering its solutions in 2016. Decision Support Deep Diagnostics [Toronto, 2014]: Deep Diagnostics is a stealth startup for clinical decision support. The company is developing a deep learning algorithm to analyze images of CT and MRI scans and provides clinicians with suggested probabilistic diagnoses. It aims to increase diagnostic accuracy, improve patient outcomes and reduce costs. Magentiq Eye [Haifa, 2015]: Magentiq Eye provides software based on computer vision and machine learning technology to provide assistance to doctors in performing medical procedures. Its current portfolio includes software that assist in detection of colon cancer through colonoscopy and endoscopy. Decision Support Decision Support Decision Support TAFi [Chicago, 2015]: Tafi , formed in January of 2015, provides an anlaytics platform for provider organisations to get meaningful information from unstructured patient data. The company's Alpha-platform includes TAFi [A]ccelerate (an engine that uses ETL/ELT technology), TAFi [A]stream (a web based server) and [A]malgam (a real time dashboard that can be integrated with existing dashboards) Tapiatric [Dubai, 2015]: Tapiatric, is a mobile and web application, based out of Dubai, which uses Artificial Intelligence to enable improved results to healthcare queries by the user. According to the company, the application is designed for both healthcare & non healthcare professionals and enables effective clinical decision support, reduces response times and increases efficiency. The company claims, that the app can also be used as a training tool, a repository of data for clinical research, and as a source for tackling STAT cases. The company aims to bring intelligent healthcare for the digital generation. 139 Healthcare Analytics Report, July 2016 Funding Investors TMCx Accelerator Suite Solutions Clinical Financial Operational Clinical (66/95) Company Details Decision Support Prescient Healthcare [Charlottesville, 2015]: Prescient Healthcare Consulting is a healthcare analytics company founded in 2015 that creates predictive models with alerts and triggers which can be used in an acute care hospital to improve patient outcomes. According to the company these solutions can be embedded within a hospital’s decision support system to deliver real-time updates on a patient’s severity of illness, as well as enable retrospective analysis for quality improvement initiatives. Prescient also offers support services and consulting services. Decision Support Decision Support hScience [Sao Paulo, 2015]: hScience is a healthcare technology company based out of Brazil. The company develops smart tools that use big data for health diagnosis. hScience uses natural language processing and deep learning algorithms to gain healthcare insights from data obtained from multiple sources. The company is currently in stealth mode. Topycs [Hyderabad, 2014]: Offers a cloud-based deep learning text extraction and mining platform for enterprises. The platform allows enterprises to extract data from various public & private channels and create meaning from unstructured data (using NLP). The platform also allows enterprises to create categorizations and produce visualizations. Decision Support Zynx Health [Los Angeles, 1996]: Zynx Health provides evidence-based clinical decision support solutions that are made available at the point of patient care through electronic health record (EHR) systems. The solutions offered by Zynx Health help healthcare providers to improve the quality, safety, and efficiency of patient care. The company's products are delivered through a SaaS model. Products include - ZynxAnalytics, ZynxCarebook, ZynxOrder, ZynxCare, ZynxEvidence. Zynx Health was acquired by Cerner in 2002 and then acquired by Hearst Corporation in 2004. Decision Support Docbot [Fountain Valley, 2014]: DocBot is a mobile application for physicians that uses electronic health record analytics to empower medical practitioners in a clinical setting. Features include: At-risk patient flagging, patient referral detection, screening/lab recommendations and therapy suggestions. DocBot's cloud analytics are integrated into the application and runs in the background. The application is available on iOS and Android phones and tablets. 140 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (67/95) Company Details Scribe.AI [Seattle, 2016]: Scribe.AI is an automated agent that shadows the physician and automatically documents patient care. It listens the physician-patient interactions and brings up the right clinical information at the right time. As of May 2016, the product was not yet launched. Decision Support Decision Support GlucoIQ [New York City, 2014]: GlucoIQ is clinical decision support software that flags adverse events and highlights patterns in diabetes data. The system processes a combination of data from glucose monitors and insulin pumps, as well as patient lifestyle (including meal and exercise data). GlucoIQ’s dashboard collects data from a wirelessly enabled glucometer in real-time. The company claims its analytics system helps clinicians monitor their patient populations’ health, deliver better care and reduce healthcare costs by improving HbA1c levels. Decision Support Systolik [Calgary, 2014]: Systolik (CUBE Medical Solutions Inc. before Aug'2015) provides the product Cardium Cardiovascular Informatics (CVIX), which replaces legacy CVIS and CV-PACS with a single informatics solution for all of Cardiology. CVIX helps cardiologists with workflow management, analytics and clinical decision support. Systolik Inc. is a privately held Canadian company with offices in Calgary and Toronto. Cardium CVIX is available for sale in the United States and Canada (as of Nov 2014). Decision Support Lead Horse Technologies [Junction, 2006]: Lead Horse Technologies offers, Medloom, a clinical decision support system that help clinicians prevent and treat adverse drug reactions (ADRs) and reduce their associated costs. Medloom applies A.I. to identify when a patient may be at risk for death or hospitalization. Medloom's algorithm creates ‘at risk’ profiles from the FDA’s adverse event reporting system, and then cross-references these profiles with individual patient records to scan for those patients who match. The company was incorporated in 2006 and is based in Junction City, Kansas. ZenXMed [Vancouver, 2015]: ZenX Med aims to provide machine learning based cloud software platform called OpenXMed which will allow the physicians to make data based diagnostic and treatment decisions. The product is still under development stage. Decision Support 141 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (68/95) Company Decision Support Decision Support Decision Support Decision Support Details Algosurg [Mumbai, 2016]: Algosurg develops technology solutions for surgeries using advanced computing methods, enhanced visualization and automation. Offers Tabplan, a 3D surgery planning software using 2D X-ray images. Provides for generation of 3D bone model using 2D X-ray images. Winner of DST Lockheed Martin Innovation Awards 2015, India Innovation growth Programme & Gandhian Young Tech Innovation Award 2014. Kanteron [Valencia, 2005]: Kanteron Systems is a open source software in Health IT - Biomedical Informatics. The company technology enhances existing PACS-VNA and EHRs by adding functionalities like: genomics, pharmacogenomics, full-resolution real-time telepathology in standard DICOM image format, activity and sleep tracker data, analytics inside the clinical report, along with radiology imaging storage and workflow. Hexalotus [Singapore, 2012]: Hexalotus develops 3D image processing solutions, converting 2D images from CT Scans and MRIs into 3D models. The solution is believed to be useful in the planning and treatment of liver cancer. The image processing solutions use advanced technology that was developed and licensed to them by the Agency for Science, Technology, and Research (A*STAR) in Singapore. The company also collaborates with A*STAR for on-going development on future products and technology. The web-based platform also facilitates consultation and assistance among doctors. Inosens [Istanbul, 2014]: Inosens is a health technology company based in Istanbul that offers data analytics and decision support systems for hospitals.The company also offers information security applications,virtual reality and rehabilitation technologies, motion analysis solutions and project/product management consultancy. The company aims to provide responsive and innovative technological solutions that support healthy living. 142 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (69/95) Company Details Decision Support CareCDS [Detroit, 2016]: CareCDS, formerly known as PaincareCM offers a clinical decision support software for healthcare providers. The company's proprietary clinical solution is created with insights to help improve patients' pain, anxiety, mood, physical and social function, mental health, sleep, and general quality of life. Solutions provided include precise data collection, medication management, tablet based surveys, dynamic workflows, instructional videos for patients, resource scheduling, summary reports and point of care risk testing. PaincareCM was developed by HealthOS, which was a privately held partnership between Next Healthcare USA Technologies and Medical Information Records. CareCDS was launched in January 2016 by Next Healthcare Technologies. Decision Support SPH Analytics [Alpharetta, 2014]: SPH Analytics (SPHA), previously known as Symphony Performance Health was founded in 2014 through the merger of Voyance Health, MDdatacor, Archimedes Clinical Analytics and The Meyers Group. SPHA offers clinical data analytics solutions like clinical decision support, population health management, association benchmarking, patient experience analytics, surveys for providers and plans, and member engagement. The company is part of the Symphony Technology Group (STG) and caters to payers, healthcare organizations and providers. Decision Support SyTrue [Chico, 2012]: SyTru offers a business and clinical intelligence platform that converts huge multi-sourced medical data into actionable data that could potentially help the physicians. SyTrue‘s PaaS, turns unstructured information into semantically interoperable content that can be leveraged to automate ICD-10 clinical coding.They have built an OS (NLP OS) that uses an integrated process and accounts for the variations in language, spelling, document types and coding requirements, saving companies the time and expense that comes with using a scripted language to clean data. Decision Support DreamUp Vision [Paris, 2015]: DreamUp Vision uses deep learning algorithms in its cognitive learning engine, which can be implemented both as mobile or web application to perform retinal image analysis to detect retinal disorders like diabetic retinopathy, and their stages. Retinal image from any fundus camera can be analyzed online using the web or mobile application. 143 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (70/95) Company Details RadSupport [Oakland, 2015]: RadSupport aims to use deep learning algorithm for image analysis to assist patients and radiologists in mammography image interpretation. As of May 2016, the company is in product development stage. Decision Support Decision Support Decision Support DiaScan [Suwanee, 2015]: DiaScan uses data analysis and machine learning algorithms to analyze the CT scan and gives feedback regarding tumors, such as size, type, stage, and whether the tumor is benign or malignant. The company claims its software improves a radiologist’s productivity and experience by reducing false positive rates in diagnosis and by reducing the amount of biopsies. The software is based on the Well - Star Cancer Screening Protocol. BigIris [Kansas City, 2011]: BigIris is a medical imaging informatics company that processes large stores of DICOM imaging data and converts it into actionable information for healthcare organizations. The company claims its solution helps physicians to extract clinical insights, administrators to understand operational metrics and payers to identify trends within provider networks . Trigon Health [Washington D.C., 2014]: Trigon Health provides prescriptive analytics based software solutions for hospitals and healthcare providers. The patented software is used in improving patient diagnosis, increasing treatment quality, reducing costs and growing reimbursements. The company is possibly deadpooled. Decision Support Decision Support SweetSpot Diabetes [Portland, 2009]: SweetSpot Diabetes is a health technology company that offers a platform for aggregating and analyzing diabetes data from patients' medical devices. The platform enables clinics to download their patients' device data, perform analytics and generate reports The company caters to patients, physicians, payors, pharma and other researchers. The company was acquired by Dexcom in 2012. 144 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (71/95) Company Details Decision Support Health Language Analytics Pty Ltd [Eveleigh, 2008]: Health Language Analytics (HLA), formerly known as Health Language Laboratories (HLL), is based out of Australia and creates language processing solutions of health texts to solve client needs. Its expertise lies in Natural Language Processing (NLP) of clinical texts, Clinical Data Analytics and Language Engineering Infrastructure. The company creates tailored solutions to meet each client needs by experimenting with solutions and integrates the captured knowledge into their technology. Decision Support ezDI [Louisville, 2009]: ezDI is a Healthcare Informatics and Analytics Company, which offers cloud-based Computer-Assisted Coding, Clinical Documentation Improvement & HIM Software/Solutions. The company provides clinical data mining and analytics tools to healthcare providers. ezDI uses advanced computing technologies such as Natural Language Processing (NLP), semantic web and machine learning to find meaningful information from clinical documents. Decision Support Decision Support Decision Support Artificial Intelligence in Medicine [Toronto, 1983]: Artificial Intelligence In Medicine (AIM) provides artificial intelligence based software solutions for cancer surveillance and prevention, cancer research, biobanking and medical laboratory operations. Its product portfolio includes Arbevio which uses AI and NLP to build a analyzable and searchable database of cancer case information from existing lab reports, clinic visit reports etc. Inferscience [Newton, 2014]: Inferscience’s Infera is a clinical decision support system (CDSS), providing clinicians with real-time, evidence-based clinical recommendations at the point of care. Infera captures patient data from a physician’s EMR, analyzes it using its inference engine and gives recommendations on patient care.With Infera, clinicians are served evidence-based guidelines within their EMRs, while examining their patients. Kalpah [Visakhapatnam, 2015]: Kalpah is a healthcare solutions provider. Deliver automation softwares for healthcare industry professionals. Offers imaging solution/software for better dignosis of glaucoma, diabetic retinopathy. Also offers picture archiving and communication system and softwares for Telemedicine and Clincial R&D. 145 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (72/95) Company Decision Support Details AI-MED [Hyderabad, 2014]: AI-MED offers a web and mobile based clinical decision support system called PAIRS ( Phyisican Assistant Artificial Intelligence System). Features include Identifying difficult case, patient data, diagnostics algorithm and diagnostics probability. Featured in DST - Lockheed Martin India Innovation Growth Program. Auxoid [New York City, 2014]: Auxoid is a clinical decision support system that uses clinical analytics, machine learning and computer vision to enable dentists to make better diagnoses. Auxoid is offered to healthcare providers as a mobile app. Decision Support Decision Support Decision Support DreamQuark [Paris, 2014]: DreamQuark develops data analysis technologies around deep learning to help healthcare and insurance professionals develop better diagnosis, prevention and care systems that take advantage of data(Image, Text and Sound) that have been accumulated about policyholders, patients and diseases. The solutions offered by the company enable services like Fraud detection, Customer relationship, System Automation, Prevention, Diagnosis, Risk management and Drug development. The company caters to providers and payers. The company currently develops technologies related to deep-neural networks. Sightline Innovation [Winnipeg, 2012]: Sightline is a machine and deep learning cloud services company that specializes in advanced quality inspection and data analytics servicing in the multiple verticals from healthcare to manufacturing. They use Sightline Perception Engine (SPE) to serve the immediate needs of industry. SightLine Innovation has been recognised as one of the top 20 most innovative companies in Canada by CIX. Triscribe [Edinburgh, 2015]: Triscribe is developing a platform to offer health analytics as a service. The company claims The company plans to use its analytics to help optimise the right medication for patients by analysing data from e-prescribing systems in hospitals and healthcare systems. Decision Support 146 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (73/95) Company Decision Support Decision Support Details Asimov Medical [Zurich, 2015]: Asimov provides a software that natural language processing and machine learning algorithms to process patients' structured and unstructured medical data to extract relevant medical history to assist doctors in making quicker and correct diagnosis. The data is then presented in an user-friendly interface. Wired Informatics [Boston, 2013]: Wired Informatics develops and implements NLP based technology for electronic medical records. Its product Invenio uses NLP and machine learning engines to turn unstructured patient's narratives, in the form of clinical notes, into normalized data which is then combined with bio marker information to assist in diagnosis. Its a spin-off of the Boston Children’s Hospital. Decision Support Patient Insight [Los Angeles, 2015]: Patient Insight integrates disparate electronic medical records and provides search, analytics and data visualization tools to make medical data useful to physicians. Patient Insight claims to have expertise in: analytical data mining for population health, artificial intelligence / deep learning platforms, data storytelling and data visualization tools, workforce and workflow management, system integration, clinician and patient-centered design, leveraging mobile and biofeedback devices, and enterprise system development. Decision Support Triple Analytics [Cleveland, 2014]: Triple Analytics helps healthcare decision makers navigate the emerging payfor-value model of care by identifying interventions for chronic disease management that are both cost effective and quality improving for targeted patient groups. Triple’s decision support system integrates seamlessly into clinical workflow, allowing users to compare outcomes of interventions at both the population and individual level in real time. Decision Support EXINI Diagnostics [Lund, 1999]: EXINI provides diagnostics and clinical decision support software that use artificial neural networks for detecting anomalies in various medical scans. The software leverages artificial intelligence techniques to perform advanced image analysis to detect various anomalies. EXINI provides 5 products called EXINI bone, EXINI Bone - US , EXINI heart, EXINI brain, EXINI dat. The company was acquired by Progenics Pharmaceuticals in 2015. 147 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (74/95) Company Details Decision Support NanoTechGalaxy [New York City, 2015]: NanoTechGalaxy offers a computer aided tool for radiologists to diagnose images. The deep learning based system claims to be able to detect lung nodule in X-ray and estimate the probability of malignancy. According to the company, its solution can save an estimated time of 15 minutes per scan. The company was selected for accelerator program like MassChallenge and Valley Venture Mentors in 2016. Funding Investors QorQl [Noida, 2015]: QorQI is building a digital healthcare infrastructure which is connecting different players in the healthcare ecosystem. They are currently working on unstructured health data - for better prevention, diagnostic accuracy, clinical decision support and medical research. Decision Support Decision Support Doctor's Diary [Lucknow, 2015]: Doctor's Diary is a product of Brainpan Innovations. The initiative based out of India, is in the developmental phase and its pilot phase is underway as of January 2016. Doctor's Diary is an Electronic Health Record (EHR) application that promises 'one patient, one record' for the 1.25 billion Indian population. The platform is developed using machine learning algorithms. The company claims that Doctor’s Diary will help understand each patient’s health, minimize human errors, prevent wrong diagnosis and help the doctors to make a more informed decision. Precision Health Sequoia Capital, Mayo Clinic, SVB Financial Group, Four Rivers Group, Assurex Health [Mason, 2006]: Assurex Health is a personalized medicine company dedicated to helping CincyTech, North Coast Angel Fund, clinicians determine the right medication for individual patients suffering from neuropsychiatric and other Claremont Creek Ventures, Allos medical conditions. Assurex Health’s proprietary Genesight technology is based on pharmacogenomics – the $92.47M Ventures, Alafi Capital, Cincinnati study of the genetic factors that influence an individual’s response to drug treatments – as well as evidenceChildren’s Hospital Medical Center, based medicine and clinical pharmacology. Cross Creek Advisors, GE Capital, jVen Capital, QCA First Fund, Claremont Creek Ventures 148 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (75/95) Company Details Funding Investors S23P, Safeguard Scientifics, Ascension Ventures, Social Capital Precision Health Syapse [Palo Alto, 2008]: Syapse provides a precision medicine data platform that enables laboratories, registries, and providers to use molecular profiling to diagnose and treat patients. It offers Syapse precision medicine data platform that enables academic and community healthcare providers to integrate complex $39.5M genomic and clinical data to provide clinicians with actionable insights at point of care, enabling diagnosis, treatment, and outcomes tracking. Swisscom, Endeavour Vision, A3 Angels, Invoke Capital Precision Health Sophia Genetics [Lausanne, 2011]: Sophia Genetics is a precision health company, based out of Switzerland, that helps clinicians and physicians to diagnose and treat genetic diseases. The platform uses machine learning algorithms to process and analyze genomic data and arrive at clinical insights. The data used for processing $31.75M includes patient DNA sequence data generated by an NGS platform. The company also validates genetic tests and caters to hospitals and labs across Europe. The algorithms used by Sophia Genetics are patent -pending. Has offices in Switzerland and France. Chrysalis Ventures, Ann Arbor Spark Precision Health Intervention Insights [Cambridge, 2009]: Intervention Insights helps community oncologists incorporate molecular oncology into their practice. Offers a platform that connects physicians, payers and labs. Solutions offered: Labs can perform evidence-based molecular testing; Physicians can identify appropriate treatments for $10.7M patients through actionable reports and Payers can establish evidence-based coverage policies. Reporting offered: Compares patient test results, Presents treatment options and enables the design of coverage policies. Thinkplus Precision Health BaseHealth [Redwood City, 2011]: BaseHealth offers Genophen, a health management platform where patients can upload their health, lifestyle, and genetic data and receive information on their personal disease risks, along with recommendations to reduce those risks. Providers can integrate the platform to their existing EHR or $9.01M patient portals and also use it to create customized patient health care plans. BaseHealth has also launched Genophen as an open API for developers and offers assessments and content related to disease risks. Precision Health Vitagene [San Francisco, 2014]: Vitagene is a health technology company that offers physicians a decision support platform which uses algorithms and genomic data to offer supplement recommendations. The platform takes in patient data including blood work, genetics, and lifestyle information and analyzes it with Vitagene's Knowledge Base which contains supplement-disease association knowledge. It produces personalised supplement regimen recommendations. 149 Healthcare Analytics Report, July 2016 $6.6M Illumina, Viking, spectrum28.com Suite Solutions Clinical Financial Operational Clinical (76/95) Company Details Funding $4.9M Precision Health PanGenX [Auburndale, 2010]: PanGenx has developed a B2B software that extracts information from clinical data warehouses, outcomes repositories, genomic databases, and peer-reviewed articles, and translates it into usable information for its customers. Pharma companies, for instance, can use their software platform to identify and focus on higher probability drug candidates, design better clinical trials, increase probability of FDA approval, and improve formulary adoption as well as market penetration. Health plans and pharmacy benefit managers can use it to evaluate the comparative effectiveness of therapeutic treatments and refine disease management guidelines appropriately; and for health plans, hospitals, and providers to inform personalized treatment options for their patients. Precision Health Precision Health Precision Health Notable Labs [San Francisco, 2014]: Notable Labs provides precision medicine and clinical decision support solutions to healthcare organizations. Currently available for Brain cancer. It is a personalized testing service for $4.61M cancer patients that prioritizes combinations of FDA-approved treatments that can be immediately prescribed by a doctor without a clinical trial. It was incubated at YCombinator. Investors Y Combinator, First Round Capital, Founders Fund, FundersClub, Great Oaks Venture Capital, ABC2, Fuel Capital, Upside Partnership, Amasia, Eleven Two Capital Inform Genomics [Boston, 2010]: Inform Genomics is a precision medicine company that develops genomicbased, products designed to predict clinically relevant outcomes that can assist physicians in making decisions. The company's ONPART, is a molecular diagnostic product designed to predict an individual patient’s risk of side $3.93M effects associated with prescribed chemotherapy regimens and assess, a patient’s willingness to tolerate those side effects. The company's technology platform uses advanced bioinformatic analytics and patient assessment tools to discover interactions of genes and SNPs that can predict clinical outcomes. Percans Oncology [Beijing, 2012]: Percans Oncology is a personalized treatment plan services company for cancer patients. It provides individualized treatment programs for cancer patients and also provide care services. It has a I-Graft technology platform to find the most effective treatment plan for every tumor, thereby aiming to prolong and save the lives of patients. 150 Healthcare Analytics Report, July 2016 $3.9M Legend Capital, Legend of the Star Suite Solutions Clinical Financial Operational Clinical (77/95) Company Details Funding Precision Health N-of-One [Lexington, 2008]: N-of-One is a molecular decision support company providing clinicians with clinically meaningful interpretation of molecular test results. It analyzes and interprets tumor molecular profiles to help physicians identify diagnostic and treatment strategies. Solutions offered: Precision Insights, a case$2.45M specific report for NGS panels and TrialMatch, uses patient’s molecular data to identify the best clinical trial options for patients. The company claims it provides decision support service to physicians and that it is not a diagnostic laboratory or a bioinformatics company. Precision Health Allostatix [Cincinnati, 2005]: Allostatix is a healthcare data company that uses neural networks to dissect health data and predict disease and death in healthy people. The company claims it can predict diseases 3-5 years in advance and with up to 90% accuracy. Allostatix tool measures allostatic load which is a parameter that looks at how how stress affects the body’s systems and lead to illness. Allostatix is a portfolio company of Ohio State University, started with an investment of $500,000. Since then, a small group of Cincinnati residents has invested $2.2 million in the startup. Precision Health GenomOncology [Cleveland, 2012]: GenomOncology is a healthcare technology company enabling precision medicine by transforming genomic data into actionable information. It has developed a proprietary technology platform to streamline the use of next generation sequencing in medicine and research. Its Precision Medicine Portfolio is a suite of products and services that addresses for precision medicine in molecular pathology and medical genetics, particularly in the field of oncology and other hereditary diseases. This portfolio supports test validation and production, clinical decision support, and analytics for both monitoring and discovery. Its other products include the GO Validation Toolkit, the GO Clinical Workbench, GenomAnalytics. It also offers scientific services like test validation, customization, integration and research. Precision Health Oncora Medical [Philadelphia, 2014]: Oncora Medical uses precision clinical data and predictive analytics to help improve cancer care by providing a decision making tool for radiation oncologists. The software allows a radiation oncologist to compare a current patient against thousands of similar patients treated at their center $1.23M (and throughout Oncora's network) using advanced machine learning techniques. The software helps to reduce the time required to create a treatment plan and helps identify and correct unsatisfactory treatment plans automatically. 151 Healthcare Analytics Report, July 2016 Investors Common Angels, Converge Venture Partners, convergevp.com/ $2.4M $1.5M North Coast Angel Fund, Jumpstart, TriStar Technology Ventures, Zapis Capital Dorm Room Fund, BFTP, Bioadvance, Ben Franklin Technology Partners of Southeastern Pennsylvania, Dreamit Ventures, iSeed Ventures Suite Solutions Clinical Financial Operational Clinical (78/95) Company Details Funding Investors $1M Klister Credit, Killick Capital, Pelorus Venture Precision Health Sequence Bio [St. Johns, 2013]: Sequence bio is a population-based genomics company that helps modern drug discovery and patient care. The company’s platform integrates real-world genomic and phenotypic data from a unique patient population and uses data analytics to enable data-driven therapeutic discovery and development. SequenceBio is a leading a precision medicine initiative in Newfoundland with the goal of engaging 100,000 participants and utilizing genomic and phenotypic data to advance precision medicine. $600K Portugal Ventures Precision Health Coimbra Genomics [Cantanhede, 2013]: Coimbra Genomics has developed ELSIE, a clinical decision support system based on a patient’s whole genome sequence. The software platform, ELSIE, allows physicians to consult their patients’ genome sequence through standardized queries, and quickly obtain easy-to-read reports with information relevant for clinical decisions. Its flexibility allows coupling to any sequencing technology, integration into existing IT systems and compliance with different legal and logistic requirements. The system also allows the matching of clinical and genetic data to unveil valuable genome-phenome correlations. $443k Highland Capital Partners, Techstars Precision Health BetterFit [Cambridge, 2011]: BetterFit Technologies develops tools that predict the side effects and overall efficacy of drugs on an individual level by comparing the patient's profile of past drug reactions and medical conditions to other users in our database. BetterFit is an artificial intelligence platform that uses FDA datasets and big data analytics to predict how patients will react to medication. Using these insights, they help patients get on the right drug faster, anticipate adverse events and engage with patients in real time using SMS conversations. $70K Precision Health Kuveda [San Jose, 2013]: Kuveda’s big data platform, enables evidence based personalized therapeutic cancer treatment options based on a patient’s molecular profile which includes bio-markers, proteins, genes, pathways, specific molecules, etc. The company combs curated repositories for relevant pharmacological, biological, toxicological and genetic information to give oncologist the most comprehensive report possible. Was part of StartUp health accelerator. $50k Precision Health LuminaCare Solutions [Boston, 2013]: LuminaCare Solutions provides cloud-based predictive analytic software that personalizes treatments for patients with bacterial infections. The proprietary technology rapidly guides the selection of appropriate antibacterial treatments within 24 hours, minimizing the length of hospital stay and cost of care for each patient. Getting the patient on correct antibiotic within 24 hours reduces the length of stay for the patient by at least 40%. 152 Healthcare Analytics Report, July 2016 StartUp Health, umb.edu Suite Solutions Clinical Financial Operational Clinical (79/95) Company Details Funding Investors $28.4k Wayra Precision Health Geneix [London, 2012]: Geneix personalise prescribing by matching medication to patient DNA. The company's precision prescription pipeline analyses a patient's sequenced genetic data to create their unique drug response profile. When a doctor prescribes a new medication they are alerted to any potential adverse drug reactionshelping them to predict how their patient may respond to the proposed treatment. Geneix is also working to integrate reports into EHR. $20K Blueprint Health Precision Health Signifikance [New York City, 2014]: Signifikance is a data driven company that identifies clinically actionable genetic mutations for cancer. Hospitals and companies running genomic applications use Signifikance's platform to identify actionable information that can guide physicians' decisions about treatments and diagnosis. Its main product, Signifikance Insights, is a SAAS platform to analyze cancer patients' genomics data. Clinicians and researchers use it to assess the clinical significance of a patient's genetic variants in just a few minutes. This solution significantly reduces the time and resources required to analyze a patient's gene sequencing data, enabling the users to process more tests, hence generating more revenue. CureMatch [San Diego, 2015]: CureMatch is an oncology precision medicine startup that offers a computational decision support platform. The platform matches cancer patients with optimal Rx combinations to offer personalized cancer medicine. Analytics Ventures Tabula Rasa Healthcare [Moorestown, 2013]: Tabula Rasa Healthcare provides patient-specific, data-driven technology and solutions that enable health care organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower health care costs and manage risk. Its cloud-based software applications include EireneRx, which is used by at-risk healthcare organizations to access its patients' medication-related information; MedWise Advisor that allows for components of EireneRx to be used independently and by a broader healthcare audience; and NiaRx, an educational software platform used in the pharmacy educational community. Serves approx. 100 customers as of Jan 2016. Filed for an IPO on 5 Jan 2016, aiming to raise $115M. Eastward Capital Partners, Emerald Stage2 Ventures, Radius Ventures, Originate Ventures, Rittenhouse Ventures Precision Health Precision Health 153 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (80/95) Company Details National Institutes of Health, Sunquest Information Systems Precision Health GeneInsight [Boston, 2012]: GeneInsight is a platform developed by Partners Healthcare and used to streamline the analytics, interpretation and reporting of genetic test results. GeneInsight supports the interpretation and reporting of genetic sequencing and the delivery of results to clinicians. Solutions include: GeneInsight Lab, a laboratory tool to assist with knowledge management and report generation; GeneInsight Clinic, a standalone clinician interface to enable delivery of patient genetic test results to clinicians; GeneInsight Network, a networking infrastructure designed to enable transfer of structured genetic data between and among laboratories and clinicians. New Enterprise Associates, CBC Capital, Cenova Ventures design, Ally Bridge Group Precision Health LinkDoc [Beijing, 2014]: LinkDoc is an oncology-focused big data company which is involved in medical information systems integration and application software development. It claims to have built a rich repository of cancer patients' medical records and comprehensive clinical data. It empowers evidence-based, personalized cancer treatment in China by providing doctors with valuable analytics derived from its oncology database. The company claims to be also working with pharmaceutical companies to leverage its database for drug development and marketing. It has raised Series B round of funding from Ally Bridge Group, CBC Capital, NEA and Cenova Ventures. Plug and Play Ventures, Launchpad Digital Health Precision Health InsightRx [San Francisco, 2015]: InsightRX, a precision medicine company founded in 2015, offers to optimize drug dosage for the individual patient. Efforts in precision medicine, currently, focuses only on selecting the right drug for the right patient and drug dosage is overlooked. According to the company, its InsightRX software platform provides an informed patient-specific dose by leveraging machine learning, mathematical models, patient demographics, physiological characteristics, pharmacogenomic data, drug concentrations and biomarkers. The company caters to Clinical Pharmacists and Physicians and aims at reducing adverse events, improving outcomes and reducing hospital costs. Tech Wildcatters Precision Health CancerGene Connect [Dallas, 2015]: CancerGene Connect is a cloud-based, SaaS provider of genetic counseling productivity tools and systems developed by UT Southwestern. It identifies those patients who have a who have a genetic predisposition to developing cancers. The platform remotely gathers patient history, runs risk assessment models, draws family trees, generates patient reports, and creates a database. The company claims the platform allows for published time savings of up to 46% when compared to other methods. Also offers provider portal and mobile questtionnaire. 154 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (81/95) Company Details Precision Health Translational Software [Bellevue, 2009]: Translational’s decision support tools for clinical genomics enable providers to interprets molecular test results from pharmacogenomics to oncology. Translational Software transforms genetic and molecular data into actionable insight that enables physicians to deliver personalized care. Offers pharmacogenomic interpretation for drugs used in cardiology, psychiatry, neurology and pain treatment. Provides a web portal for doctors to reach clinical laboratories. Precision Health Avatar DSS [Tampa, 2015]: Avatar DSS offers a treatment decision support system that simulates multiple treatment options for Cancer and analyzes the results to determine the best approach for a specific patient. The company uses patient specific data and clinician input to make predictions of cancer tumor growth and treatment response. These predictions are used to make a personalized treatment plan. The idea for the platform was conceived by researchers in Moffitt Cancer Research Center. The company was part of the HealthBox Miami 2015 class. Precision Health Tempus [Chicago, 2015]: Tempus offers a sequencing, analytics and informatics platform for cancer treatment that helps physicians make real-time data-driven decisions based on computational analysis of a patient’s pathology. The platform analyzes a patient’s genetic data in the context of molecular therapies. The company claims its goal is to connect bioinformatics with anatomical pathology providing doctors with relevant insight so they can make personalized oncological decisions based on a patient’s genetic profile to improve in-clinic cancer care. Precision Health Kinolai Health [Wyncote, 2015]: Kinolai Health is a precision medicine company that uses genomic analytics to help medical providers achieve greater precision in diagnosing, engaging and treating patients. The company claims to help physicians choose the right medicine, for the right person, at the right dose and at the right time. Features include: Clinical Chemistry, Physiologic Data, Gene Data, Disease State, Clinical Context, Network Analytics, Drug Interactions, Treatment Scoring, Compliance, Life Style, Action Cues and Workflows. Precision Health 1Datapoint [Toronto, 2012]: 1Datapoint is developing diagnostic tools for mental health. It uses a custom app to collect data and applies big data analytics to mine for behavioral markers associated with mental health disorders. Its flagship product enables physicians to tailor medicine regimens for patients according to their specific behavioral markers. The current status of the company is unknown. 155 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (82/95) Company Precision Health Details PrecisionGx [Philadelphia, 2015]: PrecisionGx provides data analytics to health plans in order to implement targeted genomic testing. The company claims its technology provides a targeted approach to genomic testing and helps in decreasing pharmaceutical drug spend and improving the quality of care for patients through reduction and avoidance of adverse drug events. Precision Health Genophen [Los Altos, 2008]: Genophen is a product of Basehealth. It is a health management platform where patients can upload their health, lifestyle, and genetic data and receive information on their personal disease risks, along with recommendations to reduce those risks. Providers can integrate the platform to their existing EHR or patient portals and also use it to create customized patient health care plans. Genophen is also available as an open API for developers and offers assessments and content related to disease risks. Precision Health OmniSeq [Buffalo, 2015]: OmniSeq offers a suite of precision medicine solutions to physicians that claims to combine genomic data with information technology. The company's OmniSeq Target for lung cancer offers genomic sequencing services that can be ordered online by the physician. Its OmniSeq Connect is a web-based testing order entry that can be integrated into EHR and offers payment verification, coordination of specimen collection, access to testing reports online, and mobile and email updates. The company's OmniSeq Genomic Network is a physician network that offers access to molecular testing for cancer, access to molecular clinical trials tool and genomic network database. Precision Health Novagen Analytics [Cambridge, 2015]: Novagen Analytics is a precision medicine company that offers an analytics engine which develops relationships between genomic variations and external environmental factors. The engine uses machine learning algorithms and inferencing techniques to make predictions that can help with individualized health care. The company which is yet to launch claims that applications can range from personalized medicine to pre-birth disease detection. According to the company its customers are individuals and healthcare providers looking to provide personalized care. 156 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (83/95) Company Details Precision Health Coriell Life Sciences [Camden, 2013]: Coriell Life Sciences develops and commercializes pharmacogenomics tools for clinicians. Its platform technologies allow clinicians to order genomic sequencing, access expert interpretations, and store genomic data securely. Its flagship product GeneDose analyzes buccal swabs from patients to predict drug pharmacokinetics, metabolism and adverse effects. It tests 18 genes across different therapeutic indications, including pain managemen, cardiology, gastroenterology, neurology, psychiatry, oncology, anesthesiology, endocrinology ,infectious diseases and rheumatology. Coriell has an ongoing partnership with IBM, and has won the IBM Global Entrepreneur of the Year award in 2014. Precision Health Health Heritage [Chicago, 2014]: Health Heritage is an online genomic medicine decision support application that aggregates and analyzes data from medical records, genetic tests and family history to assess disease risk. It helps healthcare providers decide on the most appropriate testing and therapy for high-risk patients, avoid unnecessary testing for those without much risk and produces the medical justification insurers seek before paying for genetic screening. Funding Investors Lucas Venture Group, Maiden Lane, Summation Health Ventures Care Quality MD Insider [Santa Monica, 2012]: MD Insider is a startup that mines health data to produce physician quality scores. For each physician, the platform combines medical data with multiple factors like physician education, sanctions and cost metrics to arrive at an overall score. The outcomes are also projected based on readmission rates, surgical infections and length of stay. Consumers can use the platform to find and choose high quality $24.3M doctors. Health systems can use it to enable online appointment and scheduling and the insights to improve quality and reduce leakages. Payers and Employers use the platform to match their employees or members to the right doctor. Grayhawk Capital, Kansas Bioscience Authority Care Quality Health Outcomes Sciences [Overland Park, 2010]: Health Outcomes Sciences is helping define the solution to healthcare’s crushing cost/quality issues. The company offers ePRISM, a medical platform that brings published and peer reviewed clinical research to the point of care. Presentation of this data is helping physicians $15.7M determine the best course of action for the individual. The company's solutions empower users to see complex relationships between clinical variables—such as comorbidities, sociodemographic attributes, biochemical markers and genomic determinants—and patient outcomes. 157 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (84/95) Company Details Funding Investors Care Quality ArborMetrix [Ann Arbor, 2011]: ArborMetrix provides cloud-based platform for performance measurement and RPM Ventures, Arboretum Ventures, clinical intelligence in acute and specialty care hospitals. Their product EpisodeMetrix, an episode cost analysis Michigan Venture Capital Association, solution gives payers and providers critical insights into payer claims data and helps them optimize acute care $11.78M Renaissance Venture Capital Fund, costs and monitor quality. In addition, it offers RegistryMetrix, a solution for creating an advanced clinical Detroit Innovate, Wolverine Venture registry to the specific needs of specialty, and SurgicalMetrix, a solution that provides a comprehensive view of Fund the performance of surgical groups by integrating and analyzing clinical, financial, and operational data. Care Quality Pascal Metrics [Washington D.C., 2007]: Pascal Metrics is a healthcare data analytics company that provides solutions designed to improve patient safety in hospitals, to healthcare providers. It offers Pascal HealthBench, a Web-based software platform that provides clinical surveillance, data collection, reporting, and interactive $10.88M analytics. The company aims to provide a solution that can detect and predict harm to patients. The company also ofers safety culture, employee engagement and satisfaction, analytics consulting, trigger tool training, clinical intervention and training, and behavioral observation services. Care Quality IHM Services [Burlington, 2012]: IHM Services (acquired by Persivia in 2015) is an analytics provider that offers a SaaS based solution focused on quality and regulatory reporting for hospitals. The company claims by transforming hospital data into actionable information it helps improve patient care and safety, produce $5.88M predictable medical outcomes, mitigate clinical risk and improve financial performance. The company’s meaningful use and clinical reporting solutions help hospitals achieve compliance with federal P4P programs. IHM combines proprietary mapping and clinical intelligence with evidence-based guidelines. Care Quality Health Data Vision [Burbank, 2009]: Health Data Vision provides a SaaS-based healthcare analytics platform for medical record analysis and targeted solutions. The company’s Medical Record Collection System (MRCS) platform offers scalable workflows and automation for needs of health plans and providers. The platform offers $3.75M services such as healthcare quality audits; Medicare risk adjustment; payment integrity; and provider surveys and compliance. Care Quality MDdatacor [Alpharetta, 2001]: MDdatacor (part of SPH analytics) collects, stores, manages and analyzes patient medical information from multiple data sets. MDdatacor’s patented web-based system, MDinsight, is used to support quality measurement and improvement and facilitate patient data sharing across providers and care settings. The system analyzes data against evidence-based guidelines. Noridian Mutual Insurance Co acquired MDdatacor in 2011. In 2014 Symphony Technology Group bought MDdatacor from Noridian. 158 Healthcare Analytics Report, July 2016 $3M Upfront Ventures, Redhills Ventures Dianon Suite Solutions Clinical Financial Operational Clinical (85/95) Company Care Quality Care Quality Details Funding Investors MPIRICA Health [Bellevue, 2014]: MPIRICA platform helps consumers and employers pinpoint the highest value provider in any geographic area, nationwide. Mpirica Health develops and operates a cloud-based software platform that crunches federal data about hospital procedures with cost information to help consumers. It raised series A from the McQuinn Trust, an early stage, private investor. $2M OurCrowd Dabo Health [San Francisco, 2011]: Dabo Health provides a free platform to view and track improvement in performance metrics, to collaborate across hospitals and healthcare systems, and to identify and share evidence based best practices. The platform helps management to set performance targets for an organization, set internal priorities, provide performance transparency and create awareness across all levels. $2M Safeguard Scientifics Care Quality Diameter Health [Farmington, 2013]: Diameter Health offers analytic solutions that help health providers to forecast patient outcomes, avoid penalties and provide insight for clinical documentation. The company's platform DH Fusion includes analytical solutions like: DH Predict, DH Envision, DH Staff, CCD Analyzer, DH $1.85M Cohort, DH Quality. The company's predictive readmission prevention algorithms are currently used in the Apervita platform. Care Quality HealthPlan Data Solutions [Columbus, 2010]: HealthPlan Data Solutions (HDS) analytics helps save money on the pharmacy expenditures of self-insured employers, state organizations, and Medicaid/Medicare health plans. HDS uses its software to analyze pharmacy claims data and medical data. The company measures the $1.85M performance of providers in a plan's network making the providers accountable for their performance. HDS also identifies patients who will benefit from early interventions. Care Quality SurgeonCheck [Bethlehem, 2016]: SurgeonCheck offers a SaaS-based analytics platform that rates surgeons based on actual procedural practices, patient outcomes, and costs against the latest peer-reviewed clinical research. The company appears to be in Stealth mode but company employees claim that the software provides $1.09M statistical analysis, notifications and reports by applying predictive analytics and machine learning algorithms. Caters to patients, providers and payers. 159 Healthcare Analytics Report, July 2016 Connecticut Innovations Suite Solutions Clinical Financial Operational Clinical (86/95) Company Details Funding $865k Care Quality Ascender [San Diego, 2004]: Ascender Software, now acquired by Matrix Medical Network, is a healthcare data analytics company that provides solutions to healthcare organizations needing to improve their performance (HEDIS, P4P, HCC, PQRI and STARS) outcomes. The company offers Pay for Performance Module that collects, computes, reports, and helps to manage the clinical measurements for P4P; Pay for Performance Premier Module, which empowers provider organizations to manage out-of-compliant patients by creating and managing letters, phone lists, and email communications; and HCC Module that applies built-in algorithms to identify patients who have possibly been inaccurately coded. Care Quality Deep Domain [Redmond, 2007]: Deep Domain’s solutions offers to help healthcare providers pull data from EHR, automatically generate and distribute reports that highlight a practice’s performance improvement. The services offered include push-button reports, report sharing, data clean up and action report automation. Deep $739.33k Domain comes pre-loaded with a core analytics pack and commonly used reports and monitors like CMS, HEDIS, UDS and NCQA. Care Quality Care Quality Care Quality FIGMD [Schaumburg, 2010]: FIGMD offers data collection, measurement, analysis and reporting solutions for improving healthcare quality. Its QMIS enable organizations to establish quality measurement programs; $600.07K analyze the measured data and facilitate quality improvement (QI) initiatives that are tied to physician compensations. Clinigence [Atlanta, 2010]: Clinigence develops, publishes, and provides SaaS solutions for clinical data and patient care to HCOs. The company's SaaS platform works with EHRs to deliver data analytics, predictive modeling, and business intelligence -turning patient data into information for improvement in clinical and financial outcomes. It offers its solutions for accountable care, medical home, pay-for-performance, and population health. $100k Care Analytics [London, 2013]: Care Analytics, based out of London, provides decision support tools that help social care practitioners to make informed decisions. It offers: Care assessment, a best practice assessment tool and Care Predictor, a financial modelling tool that estimates budget costs. The tools are designed to identify bad practices and inefficiencies in the care delivery. $100K 160 Healthcare Analytics Report, July 2016 Investors Suite Solutions Clinical Financial Operational Clinical (87/95) Company Details Silverton Partners Care Quality Crimson [Austin, 1979]: Crimson, is a provider of data, analytics and business intelligence software to hospitals, health systems, and physician clinics. Crimson's business intelligence platform aggregates data and applies algorithms to help hospitals elevate physician performance related to quality and cost. The company offers physician data analytics platform that automatically generates physician profiles with detailed data; and physician management software, a Web-based application, which compiles physician performance and evaluates their practice patterns against benchmarks, guidelines, and practices. The company was acquired by Advusory Board Company in 2008. Accordion Health [Austin, 2014]: Accordion health, a predictive analytics company founded in 2014, provides a platform for patients to explore and compare costs for medical procedures and understand how these procedures relate to their health. Accordion Health also provides periodic personalized forecasts to help patients understand future scenarios, both medically and financially. The National Science Foundation Care Quality Care Quality AcesoCloud [Sunnyvale, 2015]: AcesoCloud offers healthcare systems a suite of cloud based solutions to manage Sepsis program, improve outcomes and reduce cost of care. The AcesoCloud Analytics Platform assist health systems to assess their current sepsis programs, reduce their mortality rates and to plan, initiate and monitor process improvements to improve care coordination. Care Quality Biome [Sausalito, 2010]: Biome builds cardiovascular focused clinical performance analytic applications for hospitals and health systems. The company claims its applications help its clients to drive their transition to a “Value Based Care” delivery. Features include: machine driven algorithms that identify clinical and financial opportunities, performance benchmarking and impact prediction and community-driven library of measures. Biome offers clinicians a personalized dashboard. Care Quality Boundary Medical [Minnetonka, 2001]: Boundary Medical is a SaaS-based clinical outcome measurement company focused on driving better, more affordable insight to healthcare cost reduction including ACO models, treatment registries and clinical practices. They use medical outcome information as a standard in clinical practice for evidence-based and comparative medicine. Use an innovative and affordable outcome measurement platform to enable clinicians and researchers involved in studies, registries and routine patient care. 161 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (88/95) Company Details Care Quality OncoStats [Braga, 2014]: OncoStats is a cloud based healthcare platform that combines a statistical engine with an oncology EMR to provide actionable insights on a physicians or practices performance. The company claims to provide a flexible EMR that can filter through patient database in natural language. The solution can be used by physicians or providers to benchmark themselves against other oncology professionals. The company also offers to design and manage clinical trials. The company is now in the Beta testing phase. Care Quality CredenceHealth [Nashville, 2008]: Nashville based CredenceHealth automates concurrent Core Measure compliance and identifies emerging complications via a Clinical Intelligence Engine. The web-based engine delivers meaningful and actionable clinical intelligence in real-time while patients are still in the hospitals utilizing evidence-based medical research and best practice standards (like CMS, IHI, CDC, JCI, NSQIP). Intuitive reporting layouts provide access to relevant clinical information about multiple patients for integrated viewing and assessment. Care Quality MyPracticePulse [Dallas, 2014]: MyPracticePulse provides an online dashboard that allows doctors to track and compare their performance to national averages by their specialty. Based on a few Key Performance Indicators (KPIs) added by the doctors, the benchmarking tool pinpoints the areas of their practice that need to be addressed. MyPracticePulse can be used on a mobile, tablet or PC. Care Quality Forecast Health [Durham, 2014]: Forecast Health provides health systems with predictive analytics that enable providers to know which patients are likely to end up back at the hospital, unlikely to take their medications, or at high risk of complications. The company helps providers identify adverse events, identify desirable customers, identify opportunities and coordinate patient flow. The company offers to reduce penalties for hospital readmissions and increase the gain-share from payers. Care Quality InSample [San Francisco, 2013]: InSample (currently dead-pooled) offered browser-based analytic tools and access to curated health data. The company claimed to have curated, warehoused and analyzed data from multiple sources. Platform features included: performance benchmarking, key metrics calculation and patient populations analysis. The company catered to healthcare service providers and health plans. The company stopped its operations in 2014. 162 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (89/95) Company Details Care Quality Excelion Tech [Toronto, 2005]: Excelion, based out of Canada, offers Real-Time Hospital Measurement System which helps reduce hospital acquired infections. The company uses a RDID / IR sensing technology and a software system, Accreditrack, to track hand hygiene compliance of care givers by analyzing real time data and providing actionable feedback. The company claims that its system helps hospitals save time, money and energy. Care Quality Shepard Health [Fontana, 2016]: Shepard Health is a Consultancy and Software Development Firm. The company's proprietary software suite, FIXXER, a Clinical Process Management software. Features include: standardize quality of care, monitor compliance, Automate Catheter-Associated Urinary Tract Infection (CAUTI) Surveillance, Real-time action to reduce unnecessary Red Blood Cell (RBC) transfusion, Real-time alert for the identification and appropriate treatment of Sepsis. The company also offers consultancy services associated with its software. Care Quality Excel Health Group [Atlanta, 2014]: Excel health is an Analytics-as-a-Service company that uses data analytics to track patient flows and benchmark performance metrics. The company caters to acute and ambulatory care providers and payers. Excel helps providers compare their performance against competitors, keep track of metrics and use it to reduce readmissions and penalties. Excel helps payers and ACOs optimize their provider network. Care Quality Epimed Solutions [Rio De Janeiro, 2008]: Epimed solutions, is a company based out of Brazil that provides predictive analytics tools to improve care quality and efficiency in hospitals. The company focuses on highcomplexity patients and measures patient safety, control of infection and care management indicators. Currently the Epimed Solutions has focused systems for ICU, inpatient units, Infection Control, Patient Safety and Hemodynamics.The solution is implemented in over 400 hospitals in Latin America. 163 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (90/95) Company Details Care Quality Avant-garde Health [Cambridge, 2014]: Avant-garde Health is a technology and data analytics company that offers a web-based platform for hospitals and physicians to track their performance, interpret and develop performance improvement plans. The company's Time-Driven Activity-Based Costing (TDABC) process, calculates the cost of each service by multiplying the number of minutes spent on it by each type of clinician or staff member by the cost per minute of each of their time. The company launched its first product first in joint replacements and now are extending into spine surgery. The company is building a network of hospitals and healthcare providers who use their technology and analytic tools to measure the costs of their care processes, compare treatment specific data, and learn from peer hospitals to improve their results. Care Quality Vasanta Health [Massachusetts, 2015]: Vasanta Health is a Cambridge, Massachusetts based company that provides a solution that can predict and prevent burnout among nursing staff. The nurses use a wearable device during their shift and the data from the device is analysed by the system to help employers identify and monitor nurses who are close to burnout. The solution helps to reduce injury, improve patient outcomes and help administrators to make better scheduling choices. The patent for the system is pending. Care Quality Hexplora [Rocky Hill, 2013]: Hexplora, founded in 2013, offers cloud based data warehousing, performance analytics, enterprise data reporting and predictive analytics. The solutions offered under performance and predictive analytics include risk scores and future expenditure forecast, disease identification and stratification, and disease incidence and prevalence trend. Hexplora caters to health plans, ACOs, self-insured employers, and IPAs Care Quality CleMetric [Madison, 2013]: CleMetric offers a suite of analytics software for improving hospital care quality. Products include: Q2Care, Critical care analytics for detecting patterns that could improve critical care patient management and treatment; Q2Care AI, Anti-infection analytics for detecting systemic inflammatory response syndrome (SIRS), sepsis, septic shock, and ventilator-associated pneumonia; IQAlarm, to filter out unnecessary alarms; Q2Act, to determine the likelihood of unplanned readmission per patient; and HistoCare, Historical patient analytics. 164 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (91/95) Company Details Care Quality New Health Analytics [Richmond, 2008]: New Health Analytics offers SaaS-based analytics applications that enable healthcare providers to improve patient outcomes, lower costs, increase efficiency, decrease operating risks, benchmark work against competitors, and maintain compliance and accreditation. Solutions offered include: Manager, an analysis and benchmarking tool for operations, finance, and quality managers; Planner, a strategic planning support tool that uses state claims data to benchmark operations; Ambulatory, an analytics tool for surgery centers; and Research, customized analytics using claims data. The company caters to hospitals, ambulatory surgery centers, integrated delivery systems, health plans and physician organizations a complete health information system for clinical integration. Care Quality Comparion Medical Analytics [Greenville, 1995]: Comparion Medical Analytics is a healthcare information services company that offers a suite of analytics solutions which help providers improve their quality of care. Offers solutions for Safety Risk Management and Surveillance, Pay-for-Value Reporting and Performance Analytics. The company's CARE Performance Assessment Suite includes: CareChex, a quality rating system; CareTracks, a provider profiling system; CarePoints, an episode evaluation system and Smart Advisor, for identifying physicians with the highest quality ratings. Funding Investors MedHOK [Tampa, 2009]: MedHOK provides a SaaS based platform that uses predictive analytics to allow payers to identify and target member health risks, trigger workflow interventions, and improve quality of care. The platform integrates pharmacy and medical and creates a 360o view of the member. The company claims its $77.5M predictive analytics, profiling capabilities and business intelligence tools help its clients manage and measure care against national quality standards and strengthen financial performance. Bain Capital Ventures, Spectrum Equity, Bain Capital Command Health [Boulder, 2000]: Command Health, formerly known as MD-IT, offers healthcare providers solutions to record and analyze patient encounters. The company offers a mobile solution for creating and viewing clinical data and Command Health Content Analytics and Intelligent Query tool set for data analysis, query, and messaging. The company claims the solution helps in creating accurate and complete clinical $11.5M documents and benefits like improved compliance, quality metrics and reimbursement .The tool set is designed to be concurrently applied against documentation as it is created. It also offers a cloud-based platform for patients, providers and care-coordinators to communicate and share information. J Burke Capital Partners, Vencore Capital 165 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (92/95) Company Details Funding Investors Persivia [Lowell, 2005]: Persivia, earlier known as Alere Analytics (formerly DiagnosisONE), provides solutions to help healthcare providers manage clinical and financial risk outcomes. Products include patient-centric clinical decision support, population health management, intelligent order sets, and disease surveillance, as well as detailed analytics to help inform actions, and regulatory reporting services for HEDIS, PQRS and Meaningful Use (1 & 2). Customers include hospitals, payers, government bodies, as well as EHR and healthcare IT vendors. Standards-based codes enable easy integration with all systems. $5M Edison Venture Fund, HLM Venture Partners, Edison Partners Care At Hand [San Francisco, 2011]: Care at Hand’s mobile care management platform enables home health aides to become high-touch, low-cost extenders of the health system. Care at Hand enables easy and real-time point-of-care data collection. Predictive algorithms transform simple observations into actionable, clinical data. $1.44M Delivering that data into the hands of clinicians allows them to proactively intervene against (re)admissions. Platform consists of - a Psychometrically validated Survey library, Adaptively learning risk prediction algorithms based on non-clinical observations and Analytics.Care at Hand won Mayo Clinic's Think Big challenge 2015. Infina Connect [Cary, 2010]: Infina Connect provides cloud-based SaaS referral coordination and drug decision support solutions that have a profound impact on the quality and cost of care for large patient populations. Enables care coordination and clinical information exchange between all providers in a community, as well as dynamic referral network management. Product portfolio includes Intelligent Care coordinator, CCM solution and Intelligent Drug registry. $684k Grand Round Table [Philadelphia, 2011]: Grand Round Table offers Clinical Assistant, an EHR integrated decision support tool. The company claims its software helps hospitals save time and money by directing clinicians to appropriate solutions and reducing unnecessary tests. Clinical Assistant has been certified for Allscripts Professional EHR. The company also offers, The Knowledge Engine, a population health management software that helps health plans to identify populations of high risk, chronic patients and be proactive in preventing dangerous, costly health complications. Health plans can purchase a quarterly subscription of the software based on the number of members that are processed. $350k 166 Healthcare Analytics Report, July 2016 Mayo Clinic, Rock Health, PCG Public Partnerships Dreamit Ventures, Ben Franklin Technology Partners of Southeastern Pennsylvania, Dreamit Ventures Suite Solutions Clinical Financial Operational Clinical (93/95) Company Details Funding Investors Clinithink [Alpharetta, 2009]: Clinithinks offers a cloud-based platform, CLiX, that helps healthcare organizations obtain insights from data. Platform features include: CLiX CNLP converts unstructured clinical data from EMRs, EHRs, documents, free text fields, discharge summaries, clinical notes and other communication between care providers to structured data; and CLiX Enrich a data query platform powered by CLiX CNLP that offers customizable query capabilitie to gain insights into patient health, population health and accountable care. Finance Wales, Vanguard Atlantic Ltd. Yidu Cloud [Beijing, 2014]: Yidu Cloud provides big data analytics to healthcare service providers for generating insights from their medical data. Uses machine learning for medical data processing and deep mining, and provides medical record research, diagnosis assistance for doctors, hospitals and research institutions. Claims that it has tied up with 400 hospitals across China Magic Stone Alternative Investments Murj [Scottsdale, 2014]: Murj offers a predictive analytics platform for implantable device data. The company appears to be in stealth mode. True Ventures Social Health Insights [Fishers, 2012]: Social Health Insights offers MappyHealth, a health focused social media analytics platform. MappyHealth mines twitter data looking for health term trends. The company offers its platform to US federal government, healthcare delivery organizations, and health-tech startups. The platform won Health & Human Services/ASPR NowTrending 2012 Challenge. The company is also an XLerateHealth Affiliate. KomodoHealth [San Francisco, 2015]: KomodoHealth is a platform for expertly curated big data and analytics in healthcare and life sciences. The cloud-based data integration platform brings together disparate data from across the enterprise, the public domain and proprietary sources. The real-time analytics on data helps enterprises make better decisions to improve patient outcomes. 167 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Clinical (94/95) Company Details DiBS [Houston, 2014]: DiBS's first product, EASEL, is a cloud-based, programming-free data visualization software for enterprises. Its second product BioWheel, is also a cloud-based software for medical data visualization. DiBS also has patent-pending and propriety technologies which include ways to rapidly learn from visual images, thereby providing an analytics engine to the visualization tools. Won 2013 DREAM big data visualization competition. Backed by TMCx accelerator. KPN Health Analytics [Dallas, 2015]: KPN Health Analytics is a healthcare company that does data extraction, data aggregation and provides tools for clinical data analytics. The company offers KPN Optimize Quality Performance Indicator which is a measure/metric tool that provides quality performance assessment. The company's KPN Optimize Point of Care offers a web based and paper clinical decision support tool. vRad [Eden Prairie, 2001]: vRad (Virtual Radiologic) is a imaging analytics company that offers teleradiology services to physicians. The company's patented software allows referring physicians to pass patient imaging and information to specialists. The software uses deep-learning algorithms. vRad claims it has over 350 physicians on its platform who serve more than 2,100 hospitals and reads over 5 million patient radiology reports annually. vRad also provides radiology informatics solutions through its RPCSM (Radiology Patient Care) Indices ,which is a peer group benchmarking metric. The company claims its analytics platform includes over 30 million imaging studies, growing at 400k per month. vRad which went public in 2007 was acquired by MEDNAX for $500M in 2015. Enlighten Health [Princeton, 2014]: Enlighten Health offers a suite of business intelligence and patient care solutions to physicians, hospitals, ACOs and health plans. Solutions include: Care Intelligence, a reporting and comparitive analysis tool for population health management; Clinical Decision Support with testing for chronic diseases; Health Monitoring, decision support for ambulatory cardiovascular testing; Genomics, sequencingbased diagnostic and interpretation; and Genetic Counseling, genetic risk assessment for patients and physicians. Enlighten Health is a division of LabCorp. 168 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Clinical (95/95) Company Details Lexigram [Palo Alto, 2014]: Lexigram builds simple, scalable medical entity and context extraction APIs for use with patient data, specially tailored to data scientists and developers. If messy EHR data were processed and exposed in such a way that analysts from the financial sector, for example, could easily pick it up and run with it, then we would see a huge transformation in healthcare analytics. Lexigram uses advanced text processing and data mining techniques to derive meaning from unstructured data. It was incubated at StartX , The Stanford Startup Accelerator 169 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Financial (1/12) Company Details Funding Investors Revenue Cycle Management MediGain [Plano, 2004]: MediGain, a revenue cycle management and healthcare analytics company, provides billing and reimbursement services for physician offices, ambulatory surgery centers, and hospitals. Its services include billing and revenue cycle management; medical insurance eligibility and pre-certification of medical coverage; physician credentialing; denials management; revenue cycle analysis for physicians' offices and $46.5M Ambulatory Surgery Centers; medical coding and billing audits; and practice management systems for medical billing. The company also offers consulting, relationship management, information technology and training, business development, and legal services. It serves medical practices, clinics, physician groups, provider networks, and other essential providers. Revenue Cycle Management Recondo Tech [Greenwood Village, 2006]: Recondo connects providers, payers, and patients using cloud computing solutions throughout the healthcare revenue cycle. Their software services help providers accelerate revenue, reduce administrative expense, eliminate denials, and collect more cash prior to service. According to the company, their software services are designed to ensure proper payments across the continuum of US healthcare and bring efficiency and cost savings to healthcare payment processing. Revenue Cycle Management RemitDATA [Memphis, 2000]: RemitDATA offers TITAN, a solution which helps providers to increase revenues, staff productivity, and utilization by combining business intelligence with comparative analytics; Reimbursement PRO, which reduces collection costs through simplifying the denial management and reconciliation process; and $16.45M Noro Moseley Partners, SSM Partners WebScan PRO that improves office operations and profitability. It also provides EOB Cabinet, which provides access to paper and electronic EOBs; HealtheReports that delivers pricing comparisons of healthcare procedures, by provider. Revenue Cycle Management HealthQx [King Of Prussia, 2012]: HealthQx VBP analytics platform, ClarityQx, provides the capabilities to design, implement and monitor the on-going performance of payment models such as episodic, bundled or accountable care arrangements. Through these capabilities ClarityQx delivers actionable intelligence to the care $4.36M enterprise in order to operationalize the optimal payment models that reward higher quality care at a lower cost. 170 Healthcare Analytics Report, July 2016 $20M Prudential Capital Group Lemhi Ventures, Bregal Sagemount, Bregal Sagemount Health Enterprise Partners, Ben Franklin Technology Partners of Southeastern Pennsylvania Suite Solutions Clinical Financial Operational Financial (2/12) Company Details Funding Investors $2M Revenue Cycle Management Xifin [San Diego, 1997]: Xifin is a SaaS provider of revenue cycle management solutions for diagnostic service providers to improve financial performance and enhance operational efficiency. According to the company, its business intelligence platform links healthcare stakeholders in the delivery and reimbursement of care and optimizes both business and patient outcomes. The company claims its platform offers to increase patient payments, reduce errors in billing data, improve staff productivity and streamline revenue cycle management, enhance patient satisfaction and reduce bad debt and billing costs. Windward Ventures, Boulder Ventures, Enterprise Partners Venture Capital Goldman Sachs, Oak Investment Partners Revenue Cycle Management iHealth Technologies [Atlanta, 2001]: iHealth Technologies is a a healthcare analytics company that provides payment integrity solutions to payers. It offers a pre-payment application of clinical payment policy to assure the application of clinical coding in claims payment. The company also provides payment policy and integrated claims management services; claims review services, medication therapy management, star rating, business process optimization, clinical process optimization, and technology applications, as well as anti-fraud, waste, and abuse support services. The company merged with Connolly in 2014 to Cotiviti. Stockwell Capital Revenue Cycle Management Altegra Health [Miami, 1990]: Altegra Health, acquired by Emedon, is a provider of technology-enabled payment solutions that improve health plan and other risk bearing organizations improve performance by generating and analyzing data related to member care. Altegra Health provides solutions focused on program assistance, risk adjustment, healthcare enhancement, as well as reimbursement and advisory services. Emedon acquired Altegra Health for $910M. TCV, bpoc.com Revenue Cycle Management Origin Healthcare [Rutherford, 1991]: Origin Healthcare Solutions offers revenue management solutions and analytics to the healthcare industry. The web-based analytical tools offer reporting and visualization for improving business and finacial performance. The RCM solution enables cost management, medical billing, regulatory compliance, contract management, payroll management, and physical referral tracking. The company was formerly known as SSIMED. Origin Healthcare Solutions was acquired by Meridian Medical Management in December 2014. Revenue Cycle Management TimeDoc [Chicago, 2015]: TimeDoc Health is developing text extraction software to enable physicians to obtain reimbursement for medical care like Chronic Care Management for which they are currently unable to charge. The software aggregates, tracks, analyzes and bills for this medical care, presenting actionable information in a cloud-based platform. TimeDoc’s flagship software automates the administrative activities. The company was founded during the New Venture Challenge – an accelerator program by the University of Chicago. 171 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Financial (3/12) Company Revenue Cycle Management Revenue Cycle Management Revenue Cycle Management Revenue Cycle Management Details BUDDI Health [Chennai, 2015]: Buddicode is a healthcare analytics startup based in Chennai with headquarters in New York focusing on big data & predictive analytics in the medical coding, medical billing, revenue cycle management areas of the healthcare domain. As of February 2016, the company is in stealth mode. theBillingBridge [Diamond Bar, 2015]: theBillingBridge is a financial reporting and data analytics iOS app developed by BillingParadise for healthcare professionals. Features include: Revenue analytics, real time reporting, reports tracking, impact analysis, query system, key indicators, fee scheduler analyser and ticketing manager. Other features include: Set alerts, create reminders and share metrics across organization. Itakos [Norman, 2014]: Itakos offers healthcare providers an analytics platform to make meaningful comparisons of the financial data recorded in their EMR / PM system. The platform allows clients to monitor their operations and identify billing problems. Can be used from a smartphone, tablet or PC. CentraMed [Carlsbad, 2011]: CentraMed provides cloud-based healthcare analytics and consulting services. They have 3 major products namely CentraMed’s Spend analytics platform which allows providers to analyze, monitor, and report on their supply expense anomalies, CentraMed Denials Analytics solution which analyzes the electronic remittance file and categorizes denied charges into relevant groups and CentraMed’s Revenue Management Analytics which supports revenue audit, review or process improvement activity to improve internal processes and prevent revenue leakages. They also comprehensive courses to health care executives, health information professionals, financial professionals to meet the education requirements in health care industry. 172 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Financial (4/12) Company Revenue Cycle Management Revenue Cycle Management Details Funding Investors Titanium Healthcare [San Francisco, 2015]: Titanium Healthcare is a healthcare IT company, founded in August 2015, that provides analytical and revenue cycle solutions. The company offers to reduce costs and improve health quality by bringing down hospitalizations and patient readmissions. The company caters to hospital systems, health plans, ACO's and employer groups. Emdeon (Change Healthcare) [Nashville, 1986]: Emdeon is a provider of revenue and payment cycle management solutions, connecting payers, providers and patients. Emdeon’s suite of products and services offers to help customers improve efficiency, reduce costs, increase cash flow and efficiently manage the complex revenue and payment cycle process. They cater to providers, payers and pharmacy services. In 2015 September, Emdeon announced that it's re-branding as Change Healthcare. Apixio [San Mateo, 2009]: Powered by data science and a patented computer learning , NLP and text mining technology platform, Apixio transforms coded, textual and scanned data into real-time insights that enhance risk assessment, population management and reimbursement. Apixio API will supply raw data and results/analytics to high performance, web-based HCC Optimizer, a software solution that enables healthcare organizations and $41.88M their health plan affiliates to optimize reimbursement revenue for their Medicare advantage members. The company also provides Population Analyzer to manage a group of patients and target and evaluate Fraud, Waste and Abuse interventions; Quality Optimizer, a cloud based solution to analyze care quality. Truveris [New York City, 2009]: A health information technology company delivering pharmacy data validation, analytics, and pricing solutions through a SaaS platform. Truveris products include: TruGuard (claim validation), TruBid (online auction and RFP tool), and TruReport (prescription claim analytics). With 200 customers representing 30 million members processing 300 million claims on annual basis representing 10 percent drug spend of US, Truveris is backed by New Leaf Venture Partners, Tribeca Venture Partners, New Atlantic Ventures, Fraud, Waste and Abuse and First Round Capital. 173 Healthcare Analytics Report, July 2016 $27M SSM Partners, Bain Capital, First Analysis First Round Capital, Canaan Partners, Tribeca Venture Partners, New Leaf Ventures, NAV Suite Solutions Clinical Financial Operational Financial (5/12) Company Details Digital Harbor [Vienna, 1997]: Digital Harbor help companies to keep track of their risk using 'Know Your Risk" risk management solution. "Know Your Risk" suite enable companies to prevent fraud by offering intuitive modules like investigative case management, Predictive analytics, next-gen social enterprise technology for collaboration and easily configurable business process platform. Digital Harbor pioneered “Know Your Customer (KYC)” solution was recognized as a leader in risk management solutions for financial institutions. It is also growing very fast among healthcare companies. Digital harbor platforms are used by companies across healthcare, financial services, insurance, manufacturing, infrastructure, pharmaceutical industries & also in government organizations. Digital harbor was acquired by Dublin based Norkom Technologies for $36.5M cash Fraud, Waste and Abuse in July, 2007. Norkom Technologies was acquired by BAE systems for approx $290M in Jan, 2011. Funding Investors $21M Insight Venture Partners, FTVentures Health Fidelity [San Mateo, 2011]: Health Fidelity uses NLP and analytics technology to analyze unstructured data in order to provide clinical and financial insights. The company's Risk Analytics enables insurers to better predict prospective claims to help stabilize risk adjustment. For providers, their solutions offer automatic $19.26M identification of documented conditions that were previously not reported, claims linking to accepted codes, Fraud, Waste and Abuse embedded ICD-10 look-up tool and insights into RAF opportunity. The company is funded by UPMC. The National Science Foundation, Charter Life Sciences, UPMC Enclarity [Aliso Viejo, 2005]: Enclarity offers a medical provider database and analytical software tools that help insurers and hospitals gather more information about doctors and help identify problem spots, and fraudulent activity among health care providers. The company's software can help providers prevent federal investigations into billing and referral practices, malpractice claims, and collusion allegations.Claims that its solutions improves claims processing, provider directories, regulatory compliance and marketing optimization. It serves clients in $15.5M industries like payer; life science, pharmaceutical, medical device, and biotech; government and exchanges; providers, hospitals, ACOs, and health systems. According to the company, 7 of the 15 largest health insurance plans, 4 of the 10 largest preferred provider organizations and the 2 largest medical device manufacturers count on its software. In September 2009, LexisNexis acquired Enclarity to expand its fraud and clinical analytics Fraud, Waste and Abuse offerings. Bain Capital Ventures, Ignition Partners, Bain Capital 174 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Financial (6/12) Company Details Talix [San Francisco, 2015]: Talix, offers a patient data analytics platform, the Talix HealthData Engine, that provides health risk management solutions to healthcare provider organizations, health plans and ACOs. The company claims, its first product, Coding InSights, uses analytics to turn health data into actionable insights that drive better coding, improved patient outcomes, optimized risk scores, and reduced costs. The HealthData Engine combines a medical taxonomy, clinical natural language processing (NLP) technology, and a coding and clinical rules database to enable the deep mining of both structured and unstructured patient data buried in EMRs. The company, in 2015, had started as a wholly owned subsidiary of HealthLine Networks and in 2016 announced its spin off as an independent company. In January 2016, it secured $14M from former Healthline Fraud, Waste and Abuse Networks shareholders. Fraud, Waste and Abuse Fraud, Waste and Abuse Funding Investors $14M Summit Partners, VantagePoint Capital Partners, Reed Elsevier Ventures, GE Equity, Investor Growth Capital, PeakSpan Capital HealthDataInsights [Las Vegas, 1985]: HealthDataInsights, provides fraud, abuse, and overpayment identification solutions for government payers and employers. Medicare Recovery Audit Contractor (“RAC”). $13.2M The company was headquartered in Las Vegas, Nevada with additional operations in Newport Beach, California; and Orlando, Florida.Acquired by HMS holdings in 2011. Upfront Ventures, Ticonderoga Capital, Redhills Ventures TC3 Health [Irvine, 2001]: TC3, acquired by Emdeon in 2012, provides payers a cost management and payment integrity solution. The company's TruClaim suite includes: Predictive fraud analytics/algorithms, pre-pay and JMI Equity Fund, Ticonderoga Capital, $12.25M post-pay fraud & abuse detection, rules driven fraud diagnostics, clinical coding compliance and duplicate Bregal Sagemount detection, case tracker, out-of-network repricing (AccessPlus), and data analytics and decision support. RxResults [Little Rock, 2008]: RxResults is a Pharmacy Benefits Risk Management company that offers to identify health plan savings and mitigate risk. The company offers to reduce cost and improve quality of pharmacy benefits using a proprietary analytics platform and clinical rules engine. Solutions include: formulary $4.15M management, Medication Therapy Management and prescriber profiling. Also offers integration with Pharmacy Benefit Manager (PBM). The company sells its products as stand-alone solutions or as embedded into an overall Fraud, Waste and Abuse solution in branded or private-label versions. Caters to care management companies, ACO's and health plans. 175 Healthcare Analytics Report, July 2016 acgequitypartners.com Suite Solutions Clinical Financial Operational Financial (7/12) Company Details Funding Investors Pulse 8 [Annapolis, 2012]: Pulse8 offers end-to-end analytics solutions for their healthcare industry so as to Maryland Department of Business & enable better outcomes in the Commercial Health Exchanges, Medicare Advantage and Medicaid markets. They Economic Development, Maryland offer Illumin8, a complete analytics suite that can provide risk management, business intelligence and predictive $1.14M Department of Business and Economic modelling among other things. They also offer a Member Benefits Card which uses technology to establish Development Fraud, Waste and Abuse member's identity and actionable insights with regards to their visits. IF Technologies [Lexington, 2008]: IF Technologies provides pricing analytics and member transparency solutions for health insurers and medical cost containment companies with its SaaS solutions. IF Technologies offers: HealtheReports, a comparative data solution that delivers pricing, by provider, to empower insurers and $1.08M their members to find the best healthcare value; and Episode of Care Analytics, a solution that provides insight Fraud, Waste and Abuse to drive savings and help insurers to lower their costs. The company was acquired by RemitDATA in 2015. Zakipoint Health [Cambridge, 2012]: Zakipoint health is a healthcare analytics company that aims to offer insights into the effectiveness of a company's health care spending and areas where cost can be reduced. It uses a SaaS based tool, z5, to integrate and analyze healthcare data and it caters to self-insured employers, health plans and benefit consultants. $370K PRX [Caracas, 2012]: PRX Control Solutions specializes in developing applications for the pharmaceutical and insurance industry. Their main product, PCA Audit, allows insurance companies, health plans administrators and government institutions; control the expense and intake of pharmaceutical treatments in health plans by detecting more than 30 types of anomalies in prescriptions and pharmacy invoices. The algorithm compares more than 20 variables in each claim. The app alerts clients if the treatment doesn’t match the diagnosis, off label indications, the age or gender of the patient doesn’t match the treatment and it recommends the client which treatments should they reimburse or not to the patient or the pharmacy. In just 2 years they have saved Fraud, Waste and Abuse more than US$15M to their first 3 clients. $270k Fraud, Waste and Abuse 176 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Financial (8/12) Company Details Funding Investors Cotiviti [Atlanta, 1979]: Cotiviti provides analytics-driven payment accuracy solutions for healthcare payers. Offers solutions for payer liability, coding and contract compliance. Cotiviti was formed by the merger of Connolly (1979) and iHealth Technologies (2001) in 2014. Cotiviti claims to provide services to 20 of the top 25 U.S. healthcare payers and nine of the top 10 U.S. retailers. Advent International is Cotiviti’s majority Fraud, Waste and Abuse shareholder. In 2016, Cotiviti filed an S-1 form with the SEC for its IPO Advent International ArroHealth [Hauppauge, 1991]: ArroHealth, formerly MedSave USA, uses a cloud-based technology platform to provide technology and services to help Medicare Advantage plans and commercial and Medicaid insurance plans, manage their risk adjustment processes to ensure that they are fairly reimbursed based on the insurance risk of their individual members. The company's ARCH platform (Analytics, Retrieval, Coding, and Home Visits) is used to provide service solutions, that includes analytics, onsite medical record retrieval, prospective, in-home health risk assessments, and HCC coding services. Trident Capital and HLM Venture Partners acquired majority Fraud, Waste and Abuse stake in the company in 2013. MedSave USA changed its name to ArroHealth in 2015. Trident Capital, BlueCross BlueShield Venture Partners, HLM Venture Partners Maize Analytics [Chicago, 2013]: Maize Analytics provides patented machine learning software to monitor and protect patient data. The company claims its software helps streamline HIPAA privacy audits and eliminates most of the manual auditing labor, resulting in improved electronic medical record privacy and security. Maize Analytics’ Explanation-Based Auditing System (EBAS) reporting and filtering capabilities allow healthcare privacy Fraud, Waste and Abuse officers to identify suspicious activities Hylis Pharmacy Solutions [Mequon, 2014]: Hylis Pharmacy Solutions (HPS) is a healthcare analytics company that helps payers find cost effective and clinically appropriate prescription drug programs for their members. The company uses claims data to identify areas where cost has been inflated. Caters to insurance carriers and self-insured plans. The organization s aprt of SkyGen USA and its sister companies include: Wonderbox Fraud, Waste and Abuse Technologies, Scion Dental, Vestica Healthcare, American Therapy Administrators and Ocular Benefits. Pandora Data Systems [Boston, 1988]: Pandora Data Systems makes software that analyzes hospital records to detect medication diversion and meet regulatory requirements. It offers PandoraVIA, a reporting and analytics framework; PandoraSQL, a data analysis tool for automated dispensing system; and Pandora Legacy, a solution for tracking drug activities. It solutions facilitate the analysis, understanding, and management of hospitals' Fraud, Waste and Abuse medication distribution and usage. The company was acquired by Omnicell in 2010. 177 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Financial (9/12) Company Fraud, Waste and Abuse Details CVInfosys [Westlake Village, 2006]: Clear Vision Information Systems (CVInfosys) provides Medicare Advantage risk adjustment solutions and strategies to health plans and providers. The company claims its software and services which include analytics, continuity of care strategies and compliance consulting help balance care quality and revenue optimization. 21CT [Austin, 1999]: 21CT, formerly known as 21st Century Technologies, is a healthcare company that uses claims analysis to detect fraud, waste and abuse in healthcare. The company's product 21CT Torch, is a fully hosted data analytics software platform using which organizations can sign up, load claims, and start analyzing and visualizing insights. The company claims 21CT Torch is 4th generation analytics tool that features profile Fraud, Waste and Abuse pages, dataSets, and graph pattern visualization Fraud, Waste and Abuse Mimir Health [Austin, 2014]: Mimir Health Intelligence offers E&M Utilizer that analyzes coding trends to optimize reimbursement and reduce fraud liability; and referral network management that provides insights to maintain patient referral network. It also provides treasure map to maintain awareness of practices’ financial productivity. HealthCare Insight [South Jordan, 1997]: HealthCare Insight (division of Verisk Health), is a company whose solutions enable healthcare payors to prevent fraud, abuse, and overpayment. HealthCare Insight combines automated modeling and profiling of claims with clinical validation. HCI prepayment detection software spots suspect claims and billing patterns in real time through a SaaS model. It routes flagged claims for validation by Fraud, Waste and Abuse experienced clinicians. The company was acquired by Verisk Health in 2007. FraudScope [Atlanta, 2015]: FraudScope uses data analytics techniques to automatically assign risk scores to healthcare claims data in order to detect fraud and prioritize suspicious claims for investigation. Its patentpending technology for detecting high-risk claims was developed by researchers at the Georgia Institute of Technology. The company claims that unlike existing analytics tools, its technology can detect existing and evolving fraud schemes without requiring any input of patterns of fraud and that FraudScope can adapt to Fraud, Waste and Abuse changes in diagnosis and procedure codes automatically. 178 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Financial (10/12) Company Details finHealth [Greensboro, 2013]: finHealth delivers a web-based analytics app that helps self-insured organizations control healthcare costs. The company claims that its solution can benchmark an organizations performance, offer cost transparency and highlight cost saving opportunities. The app uses healthcare claims and workmen's compensation claims to detect cost saving measures. Also detects common healthcare billing Fraud, Waste and Abuse errors. Remedy Analytics [Milwaukee, 2012]: Remedy Analytics is a technology company which uses an analytics software engine, PharmaLogicSM, to help organizations make employee prescription benefits decisions. The company provides insights and knowledge to eliminate wasteful spending. The engine codifies prescription benefits manager (PBM) contract into an algorithm that is used to identify contractual issues and how its changes impact the review of claims. It highlights the vulnerability of the contract, shows paths to correct it and Fraud, Waste and Abuse calculates the cost of such issues. Lorica Health [Sydney, 2012]: Offer data analytics platform designed by data scientists and healthcare and insurance domain experts. The tools aim at identifying fraud, abuse and waste in claims. They serve over 40 private and public health sector clients in Australia. Offer two analytics platforms - HIBIS & I+Plus. HIBIS analyses more than two thirds of Australia’s private health insurance claims for 30 of Australia’s 34 private health insurers, enabling the automatic detection and management of health claims leakage, inclusive of fraud, abuse and errors. I+Plus analytics platform is a health claims analytics tool which offers rich and responsive Fraud, Waste and Abuse performance analytics in support of bench marking, contracting and management of health service delivery. Fraud, Waste and Abuse Intelimedix [Lakeland, 2006]: Intelimedix, a Blue Health Intelligence Company, offers business intelligence and informatics to Employers and Health Plans that help detect fraud and cost saving opportunities. The company's analysis includes issues as unnecessary care, fraudulent and abusive billing, overpayments from billing and coding errors, pharmacy fraud, and preventable conditions. The company was bought by BHI in 2013 179 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Financial (11/12) Company Details Funding Investors $26M Carrick Capital Partners HelioMetrics [Minneapolis, 2013]: HelioMetrics offers analytics solutions for compliance and patient privacy monitoring. Solutions include: Drug Diversion Analytics, help in monitoring and identifying drug diversion activity in pharmacies and hospitals; Patient Privacy Analytics, for monitoring and analyzing access of patient data; HIE and Participant Analytics, provides exchange use statistics to detect abnormal use of HIE; and Individual Patient's Access Report, offers information and analysis to the patient regarding users who have Fraud, Waste and Abuse accessed their health records. The company is a spin-off from LuciData. Elsevier / MEDai [Orlando, 1992]: MEDai (part of LexisNexis) is a predictive analytics company that analyzes healthcare claims and improves the delivery of healthcare for payers and providers. MEDai has solutions that include determining the severity of a disease and its affect on the patient’s outcome through the analysis of relevant data, benchmarking and evidence-based care processes. Payers and care management organizations use MEDai to predict patients at risk, identify cost drivers for high-risk populations, forecast future health plan costs, evaluate patient patterns over time and improve outcomes. The company was acquired by Elsevier in Fraud, Waste and Abuse 2008 and the business was transferred to sister company LexisNexis in 2013. LaunchPoint [Rolling Meadows, 2008]: LaunchPoint, through its cloud-based Healthcare Analytics Platform, provides solutions like data mining, data integration and data analysis for healthcare organisations. Its two divisions are Discovery Health Partners, provider of payment integrity solutions and analytics for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. MultiPlan [New York City, 1980]: MultiPlan provides healthcare cost management solutions for the commercial, government, and property & casualty markets. Offer a suite of Network-based, Analytics-based, and Waste, Abuse & Fraud management solutions through a single electronic gateway and comprehensive claim cost management strategies that help control the financial risks associated with medical reimbursements. Healthcare Insights [Libertyville, 2000]: Healthcare Insights is a hospital financial performance improvement firm. The company's platform, INSIGHTS, enables hospitals with budgeting, forecasting, labor productivity and cost analytic capabilities. Also offers patient analytics, reporting scorecards, dashboards and financial planning. Premier Healthcare Solutions acquired Healthcare Insights in 2015 for $65M. At the time of acquisition, the company claimed to have a customer base of over 7,500 users across 200 facilities associated with 94 health. 180 Healthcare Analytics Report, July 2016 Welsh, BC Partners, Stockwell Capital, Peloton Equity Suite Solutions Clinical Financial Operational Financial (12/12) Company Details HealthiQ [London, 2010]: Health iQ specialises in providing data, sales and marketing tools for healthcare and life science industry. Products of the company are: Vantage: business intelligence system, Pharmasim: data modeling and simulation; and LinQ: data reports for pharma and medical devices; and prospective data collection tools. Customers are from pharmaceutical, medical device and health sectors. 181 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (1/21) Company Details Funding Investors Marketing Evariant [Farmington, 2008]: Evariant offers healthcare providers a platform to analyze the data they collect, execute marketing campaigns, and improve patient engagement. eVariant offers Patient Market Solver which collects data from billing records, clinical encounters, patient’s records, and other sources to identify patients $68.5M who are most likely to respond to specific marketing campaigns. Hospitals can use Physician Market Solver which is a claims-based analytic solution that tracks and measures physician referral leakage, physician volume and loyalty. Marketing Highland Capital Partners, Gerson Kyruus [Boston, 2010]: Kyruus provides physician network optimization software solutions to hospitals, health Lehrman Group, Venrock, Lux Capital, systems and physicians. The company's products include KyruusOne, a data mining and analytics platform that New Leaf Ventures, Leerink Partners, creates a unified view of the physician across demographic, clinical, research, financial, and performance$55.8M Fidelity Biosciences, GLG, McKesson related dimensions; ProviderMatch, is a solution that provides referring physicians, schedulers, and referral Ventures, Mckesson ventures, coordinators with tools to find and connect patients with clinically appropriate, in-network, and available Providence Health & Services, F-Prime providers. Capital Partners Marketing Marketing PatientPop [Santa Monica, 2014]: PatientPop offers an end-to-end marketing platform for healthcare providers to acquire, engage and retain patients. Features include better search visibility for doctors, reputation $23.8M management (manage reviews) , patient engagement (send reminders to patients before appointment, send offers) and analytics. Part of AthenaHealth's accelerator program. Aptus Health [Boston, 2008]: Aptus Health, formerly known as Physicians Interactive, offers multi-channel, integrated marketing solutions and data analytics. The online platform analyzes user-generated public data, to offer insights to medical professionals. Features include: campaign strategy management, customer targeting and segmentation, a mobile media platform and eSampling capabilities. Acquisitions include Omnio and Skyscape. The company was acquired by Merck’s Global Health Innovation Fund and is functioning autonomously as of June 2015. 182 Healthcare Analytics Report, July 2016 $17M Lightspeed Venture Partners, Salesforce, Goldman Sachs, Health Enterprise Partners, McKesson, Enterprise Partners Venture Capital, Dignity Health SVB Financial Group, Toba Capital, athenahealth Merck Global Health Innovation Fund Suite Solutions Clinical Financial Operational Operational (2/21) Company Details Funding Investors Marketing par8o [Newton, 2011]: par8o is a cloud based platform that uses workflow analysis and real-time analytics to monitor payer and physician activity and then alert patients on their mobile devices about new appointments. par8o helps organizations match the right patient to the right resource at the right time. The software provides $13.5M real-time analytics to the sending provider, the receiving provider, as well as the organization that has deployed it. The company claims its platform helps reduce referral leakage and improve consumer experience. $9.6M Ignition Partners, Madrona, Founders Co-op Marketing Appature [Seattle, 2007]: Appature is a Seattle-based technology company that provides a cloud-based marketing software platform, Appature Nexus, designed exclusively for healthcare and life sciences companies. SaaS-based Appature Nexus combines a big data marketing database (Nexus 360), campaign management engine (Nexus Touch), and reporting and analytics suite for campaign optimization and data visualization (Nexus Insight). Appature announced on March 12, 2013 that it was acquired by IMS Health, and will continue to operate as before as a unit of IMS. $5.6M Eastside Partners, Council Capital, Square 1 Bank Marketing Influence Health [Birmingham, 1996]: Influence Health, formerly MEDSEEK, is a digital marketing and engagement platform that helps providers, employers and payers to affect behavioral change of their consumers. According to the company, it uses predictive analytics to an organization’s marketing database to create targeted groups of consumers who are most likely to respond to marketing campaigns. Also offers Navigate, a population health management solution; Enterprise, a patient portal; and Connect, a clinical portal. Navigate helps in identifying at-risk populations and engaging patients in their health goals. Acquired by Silverlake Sumeru and Essex Woodlands in 2012 for $100M. Marketing Liquid Grid [San Diego, 2010]: Liquidgrids is a healthcare focused social media health intelligence and marketing platform that is built to aggregate dialogue across the digital landscape. The company identifies disease-specific personas, which are scaled to deliver highly targeted, multi-channel advertising campaigns. The company claims $4.82M that through its proprietary analytics engine, it has aggregated and analyzed over 1 Billion healthcare conversations by over 125 million unique healthcare consumers. 183 Healthcare Analytics Report, July 2016 Atlas Venture, Founder Collective, CHV Capital, United Healthcare Miramar Ventures Suite Solutions Clinical Financial Operational Operational (3/21) Company Details Funding Investors Healthbox, Lisa with BCBST, ec.co, Healthcare Corporation of America, Healthcare Council, Martin Ventures Marketing Clariture [Nashville, 2013]: Clariture is a SaaS based healthcare marketing platform that enables healthcare providers to engage with potential patients and drive patient acquisition. The platform helps healthcare marketers to target messages to the right people by combining social media, mobile and search with consumer $4.55M and patient data. Clariture’s solution also provides digital health risk assessments that assess consumers’ risk for certain conditions and need for care services. The data collected by Clariture offers provider organization insight into population health. KMG Capital Partners Marketing MDValuate [Centennial, 2013]: MDValuate, offers a SaaS-based physician network analytics platform to understand physician performance across consumer on-line competitiveness, financial, clinical, and operational metrics. The solution is used for measuring and managing online reputation and competitiveness at physician $4.35M level. It also helps organizations to establish referral outreach strategy by understanding their local referral patterns and build physician networks. Medikly [New York City, 2009]: Medikly provides a cloud based platform that helps pharmaceutical brands to engage with and understand physicians on an individual level. The MediklyOS platform acts as an operating system for healthcare marketers to collect, analyze, manage and act on physician intelligence gained from patterns and behaviors gathered across digital channels. $1.2M Fenox Venture Capital, Silicon Badia, Easton Capital, Accelerator Tech $1M Center for Innovative Technology, New Dominion Angels Marketing ROI2 [Reston, 2009]: ROI² provides programs that generate intelligence and analytics in product branding, marketing and sales targeted to health systems, healthcare providers and pharma companies. The company claims its solutions transform clients’ marketing effectiveness to better identify trusted community networks, key leaders, and the effect their decisions have on market behaviors. Its intelligence solutions are focused around physician influence mapping. Marketing MDreferralPRO [Daphne, 2008]: MDreferralPRO is a web-based solution offered by advisorsMD helps healthcare organizations generate new patient referrals from providers. The company claims the software identifies untapped resources under an organization's market area and uses predictive analytics to help them prioritize sources that are most likely to refer. Features are: Analytics that define a clinet's market share and trends, Strategic intelligence on who the practice should be targeting, Geo-spatial targeting, directory of national providers and facilities Marketing 184 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Operational (4/21) Company Details Marketing Medifr [Houston, 2012]: Medifr is a cloud-based, HIPAA-compliant patient referral collaboration platform. The platform enables providers in both the ambulatory and acute care settings to exchange and track referrals, securely share patient health information, and collaborate with colleagues online. Features include: HIPAAcompliant direct messaging and document transfer, Network analytics and reports, case management and tracking dashboard for discharge planning. Marketing Aissel [Hubli, 2010]: Aissel provides software solutions to identify experts in the healthcare and pharma sector by understanding their social profiles and connections. The profiles of Key Opinion Leaders are then curated from multiple online sources and assigned weightages to generate names that fit a company's use case. Customers can also suggest who they think they are influencers in their respective domains which can be used to create influence patterns. The solution can also be integrated with existing CRM solutions. Marketing Tea Leaves Health [Roswell, 2011]: Tea Leaves Health is a provider of a SaaS-based marketing and analytics platform for hospital systems to identify and engage consumers and physicians. Solutions offered include: Patientology, a patient and prospect engagement solution; Physicianology, a physician relationship management software and Decisionology a software to analyze and prioritize strategic opportunities. Tea Leaves Health was acquired by Everyday Health in 2015. Marketing Marketing Serum [Seattle, 2015]: Serum, a stand-alone health insurance business unit of Hacker Agency, is a digital/direct marketing agency that solves Customer Relationship Management and marketing problems for health plans. Serum uses big data to provide data-fueled insights, intelligent segmentation and strategic messaging. Serum was made a stand alone unit in August, 2015. It is in partnership with Affinity Health Plan. Decision Point Healthcare Solutions [Boston, 2010]: Decision Point Healthcare Solutions offers a microsegmentation and member targeting solution that uses big data, predictive analytics, business intelligence and visualization for health plans to improve their quality, satisfaction and retention performance. Solutions include: Decision Point for Medicare, Decision Point for Medicaid, Retention & Satisfaction Solutions, Quality Improvement Solutions, Medication Adherence Solutions and Survey Optimization. 185 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (5/21) Company Details Funding Investors Prophit Health [Springfield, 2015]: Prophit Health, founded in 2015, is a SaaS based software company that helps Healthcare providers to identify their best sources of referrals and expand their market. The company offers tools, data, guidance and insights intended to help a provider engage and connect with their customers. Marketing OnShift [Cleveland, 2008]: SaaS-based staff scheduling and shift management software for the healthcare industry. OnShift predicts and prevents overtime and understaffing while dramatically reducing time spent on $30.3M scheduling and managing open shifts. Fully integrated with time-keeping, HR, clinical and payroll systems, OnShift provides a unified view into staffing levels and labor costs across buildings. W Capital Partners, North Coast Angel Fund, Draper Triangle, Early Stage Partners, Jumpstart, HLM Venture Partners, Glengary, VelocityHealth, West Capital, DTVC Newspring Capital, Blue Heron Capital Workflow Verisma Systems [Pueblo, 2004]: Verisma Systems is a health information technology provider focused on delivering cloud-based Release of Information (ROI) solutions (managing the release of patient medical records) to healthcare organisations. The company claims its solutions allow its customers to automate workflow, improve turnaround times and decrease errors. The Verisma360 dashboard uses analytics to evaluate production, turnaround times, compliance and financials. Workflow Allocade [Menlo Park, 2004]: Allocade’s On-Cue System, powered by an Artificial Intelligence Engine, organizes patient and caregiver logistics in hospitals. Allocade claims its system tracks everything from patient needs, like scheduled appointments and procedures, to real-time personnel scheduling and helps caregivers to effectively $11.6M manage patient flow and patient care. When disruptions like emergencies or procedure overruns occur, Allocade automatically repairs the schedule and optimizes the resources. Workflow Hospital IQ [Newton, 2013]: Hospital IQ is a cloud-based software platform that allows hospitals to collect data and use it to analyze, simulate and predict the impact of operational changes within a hospital as well as across a hospital network. The company claims its platform can be used to solve problems such as inpatient and operating room bed utilization, surgical throughput, staff overtime and capacity planning. The platform complements major EHRs and bed tracking systems. Workflow 186 Healthcare Analytics Report, July 2016 $12M $7M VantagePoint Capital Partners Pierpoint Capital, blackgranitecap.com Suite Solutions Clinical Financial Operational Operational (6/21) Company Workflow Workflow Details Funding Investors MedAptus [Boston, 1999]: MedAptus offers a suite of solutions that helps hospital's in streamlining their workflow and improving workforce efficiency. Solutions include: Enroll, cloud-based workflow and analytics software; Assign, intelligent inpatient distribution; Document, documentation tool; and Charge, charge capture software (includes tools to manage, collaborate and analyze charge data) $6M Boston Millennia Partners LeanTaaS [Santa Clara, 2010]: LeanTaas uses tailored SaaS based analytic applications to improve operational performance of hospitals and clinics. The company claims its product iQueue maximizes resource usage and $4.28M reduces patient waiting times. The company focuses on improving sales operations, service operations, manufacturing and supply chain of its clients. Workflow The Right Place [Houston, 2013]: The Right Place (TRP) is a cloud-based bed board management platform that makes it easier for healthcare service providers to match post-acute patients to the right place of care. The company claims its solution helps get patients out of hospitals quicker, fills empty beds with the right patient mix, and lowers readmissions rates to hospitals. The company's first offering Skilled Nursing Facility (SNF) is in beta testing stage. The company announced in November 2015 its selection to the 2015 Healthbox Integrated Innovation Program. Workflow Informatics In Context [Boston, 2011]: Informatics In Context (IIC) offers payers and providers real time solutions to automate referral and Prior Authorization processes. For Payers, IIC's 278 EDI authorization engine adjudicates in real-time all prior authorizations submitted based on the payer’s payment policies and clinical guidelines. For providers, IIC's web portal offers a real-time solution to check eligibility, send referrals and $1.86M submit prior authorization requests to all payers in the provider’s network with a single sign on. Prior authorization requests are first reconciled against payer policy guidelines to ensure compliance and reduce possibility of denials. Workflow Sensentia [San Francisco, 2011]: Sensentia's offers a automatic inquiry system that enables payors to handle queries regarding healthcare benefits in real time. Inquiries are made through mobile devices, IVR, or the web by text or voice. The company's technology models the knowledge in any textual document and answers $160.75K questions against it. Questions are asked by members or providers and answered in natural language, structured forms or through automated dialogue helping consumers refine their questions. 187 Healthcare Analytics Report, July 2016 Sedgwick $2M Rock Health Suite Solutions Clinical Financial Operational Operational (7/21) Company Details Funding Investors $120K Y Combinator, FundersClub, Fenox Venture Capital Workflow analyticsMD [Palo Alto, 2012]: analyticsMD helps hospital managers to make data-driven decisions that impact operational efficiency and patient experience. analyticsMD’s algorithms analyze hospital data allowing hospital staff to monitor operational performance and diagnose operational issues in real time. analyticsMD’s machinelearning based forecasting techniques enable hospitals to predict patient volumes and optimally allocate resources – such as staff, beds, and rooms – to meet this demand. analyticsMD is a SaaS product, and requires no physical infrastructure at the client site. $50k Healthbox Workflow Operating Analytics [Cambridge, 2013]: Operating Analytics offers operating room management tools. The company's product, OR Forecast, gives surgical departments a daily forecast of operating room utilization. It uses data analytics to optimize OR schedules. The Operating Analytics system converts data from existing scheduling products into actionable knowledge to support decision-making and resource allocation for ORs. As of January 2016, the company's website is down. Workflow Workflow Workflow CadenceMD [Seattle, 2012]: CadenceMD provides an analytics system and mobile app for improving doctors’ efficiency. The company claims their business intelligence tools, analytics, and improvement insights are designed to help doctors optimize their schedules and run on time. CadenceMD provides dashboards that help clinics improve their profitability and provider/patient satisfaction by improving patient throughput. 9Mile Labs Concerro [San Diego, 1982]: Concerro provides web-based workforce management software and services which reduce labor costs, protect revenue and improve staff and patient satisfaction in hospitals. Provides SaaS that uses Web 2.0 technology to deliver software and services that achieve excellence in staffing by enabling employees to connect and collaborate, online anywhere anytime. Formerly known as BidShift. Emerald Stage2 Ventures, Aperture Venture Partners, Costella Kirsch, Rittenhouse Ventures Intrigma [New York City, 2004]: Intrigma provides solutions which help health systems automate the schedules of their doctors and nurses and help reduce costs by this precise scheduling. The software collects information, including the preferences and work productivity of a department's medical and non-medical staff, and allots it into a schedule based on historical workflows and expected patient volume. The results take less time than human-based scheduling and allow for faster adjustment to changing work conditions. 188 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Operational (8/21) Company Details Workflow Hark [England, 2013]: Hark offers a clinical task management app that prioritizes tasks for the hospital workforce and tells them who needs to do what, where and when across all aspects of hospital life. Hark, built based on research at Imperial College London, uses advanced analytics algorithms to individually tailor every task to every patient’s need. The company claims its tool helps transform the hospital process into a live digital stream, prioritize and delegate tasks, communicate and collaborate with teams and collect data to make smarter decisions. Data driven insights offered include: patient profiles, health professional profiles, automated early warning of deterioration, safety audits, ward profiles, workforce planning and condition-specific metrics. The company was acquired by Google DeepMind in February 2016. Workflow Care Dynamics [The Hague, 2007]: Care Dynamics is focussed on supply chain management methodologies to improve management of patient logistics in hospitals. They provide analytics services across all decision-making dimensions in hospitals through their Hospital operations intelligence unit. They have developed, Dynamic Planner, a sophisticated decision-support software which is designed to facilitate the unique tactical planning process in hospitals and healthcare facilities. They have an ongoing working relationship with GirnarSoft, India for product development. Workflow Metrix Health [Menlo Park, 2014]: Metrix Health is an IoT and Analytics company focused on improving productivity and profitability at community hospitals, outpatient surgery centers, and private-practice clinics. The company offers: Metrix Smart Room Sensors, for streamlining staffing and case scheduling using RTLS; Metrix Patient Safety Bands for preventing medical errors and verification of patient ID, type of surgery, anatomic location and allergies; Metrix Asset Tags, for asset uttilization and tracking; and Metrix Staff ID Badges for staff authentication. Lightning Bolt [Burlingame, 2002]: Lightning Bolt Solutions is a provider of cloud-based automated physician scheduling software for hospitals and health systems. The company claims to manage over 3 million physician shift hours each month. Also offers analytics for customized reports. Workflow 189 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (9/21) Company Details Workflow RigPlenish [California, 2015]: RigPlenish is a web and mobile application that automates the paperwork required to be filled by a paramedic at each stage of an ambulance run. Features include: Collects real-time data from wifi enabled devices on ambulances and use predictive analysis to auto-populate the process of data collection; Assigns each patient's data to patient through a barcode technology; and analyzes time discrepancies to make ambulances more efficient. The company's customers are independent Ambulance companies. Workflow MedTimers [New York City, 2014]: MedTimers is a web-based patient flow management solution that allows medical facilities to track, manage and analyze patient flow. The platform also calculates and publishes real time 'wait times' for patients so that they can estimate the time they need to wait. MedTimers uses real-time analytics to allow healthcare facilities identify bottlenecks, loopholes and trends in their patient and workflow operations. Workflow DocDelta [New York City, 2014]: DocDelta is a predictive analytics solution that helps healthcare providers recruit and retain top talent. DocDelta analyzes medical, social, and market data to predict which physicians and nurses are most likely open to taking a new job or leaving their current role.The candidates are measured against a Mobility Score (flight risk score). Clients pay a monthly subscription to use DocDelta’s platform. DocDelta is part of the Summer 2015 Accelerator class of BluePrint Health. Workflow Workflow Avantas [Omaha, 1998]: Avantas is a technology-enabled services company that helps healthcare providers manage their workforce through predictive analytics, workforce analytics, and scheduling software. The company's proprietary HELM methodology combines workforce planning, demand forecasting, and operational best practices with a scheduling solution. The company was acquired by AMN Healthcare in 2014. Pridiktiv [Ghent, 2015]: Pridiktiv is a cloud based SaaS mobile platform that uses analytics and big data to improve operational efficiency by streamlining tasks and administration. Pridiktiv gathers data from healthcare devices or by manual data entry and uses algorithms and predictive analytics to help care takers operate efficiently. 190 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (10/21) Company Details Workflow Med Smart [Bangalore, 2014]: MedSmart provides insights by analysing data extracted from the Healthcare Information System (HIS) and various other operational data sources. It provides Key Performance Indicators (KPIs) and analytic views on financial, operational and clinical parameters. Key performance indicators include performance of group, physicians, departments & service groups, bed capacity utilization, nursing service analysis, lab turnaround time, patient revenue analysis, in-patient to out-patient ratio, resource utilization and staff scheduling. Other features include total cost of ownership calculation, visualization, dynamic charts and automatic report generation. Product of Kavaii Business Analytics. Strategic Binary Fountain [McLean, 2003]: Binary Fountain's patient feedback management solution, Binary Health Analytics, is a cloud based platform that is designed to analyze opinion content with regard to healthcare. Binary Fountain's engine mines patient feedback and commentary from surveys, social media and online review sites $21.7M and analyzes the content over specific operational categories. The platform also provides a feature to engage with patients using campaigns and publishing features. Strategic Evidation [Menlo Park, 2014]: Evidation Health began in 2014 as a collaboration between GE Ventures and Stanford Health Care and later merged with The Activity Exchange to analyze the claims of digital health Rock Health, Asset Management companies using scientific evidence. Evidation Health pulls medical, behavioral and contextual data and $17.66M Ventures, GE Ventures, Fresco Capital, leverages those to arrive at a quantifiable result of the value of digital health technologies. Currently the B Capital Group company caters to health plans, digital health companies and pharma companies. Strategic Strategic Funding Investors HLM Venture Partners, Providence, Pioneer Venture Partners, Pioneer Ventures Associate HealthVerity [Philadelphia, 2014]: HealthVerity is a company focused on providing geography directed patient engagement solutions. The company offers solutions like market intelligence, clinical messaging, smart media and social informatics. According to the company, it aims at helping providers and payers by creating a platform that uses insights gained from the intersection of healthcare data and patient location analytics. $7.1M Greycroft Partners, Flare Capital Partners Dapasoft [Toronto, 1997]: Dapasoft, based out of Canada, offers health analytics, BI, and patient provider portal solutions to healthcare organizations. The company uses Mircosoft technologies to provide its solutions. It offers integration services, based on HL7 and interoperability, to healthcare organizations. The company is currently developing a cloud-based product scheduled to be released by 2015 year end. The startup has won 4 Microsoft Partner of the Year awards $4M York Angel Investors 191 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Operational (11/21) Company Details Funding Investors $3.9M Hatteras Venture Partners, Boston Millennia Partners, Excelerate Health Ventures, NueCura Strategic Bivarus [Durham, 2010]: Bivarus helps healthcare organizations capture and operationalize data and insights on the patient experience to improve care and service operations. The company offers a cloud-based real-time analytics platform to gain insights into drivers impacting the patient experience, buying behavior and provider performance. In May 2016, the company acquired healthcare-focused measurement and consulting firm, The Jackson Group. $2.7M Rick Hansen Institute, Prosoft Development Strategic Self Care Catalysts [Toronto, 2004]: Self Care Catalysts is an intelligence and analytics company that uses real world, real time data from patient experience to help improve the quality of care. The company offers patient organizations the Health Storylines platform which is a customizable mobile app that enables patients to engage in self-care. The electronically captured patient data helps in population based analytics and insight into patient behavior. Offers Patient Storyline platform to Pharma companies that offers actionable insights for pharma preand post-commercialization, marketing planning and decision-making $1.8M Floodgate, Silverton Partners, LiveOak Venture Partners, Capital Factory, Dreamit Ventures, Dreamit Ventures Strategic NarrativeDx [Austin, 2014]: NarrativeDx is a cloud-based platform that helps healthcare administrators improve their care based on what patients say about the care services they receive. NarrativeDx uses healthcare-specific Natural Language Processing and Machine Learning to collect, analyze, and visualize unstructured patient feedback from internal and external sources (CAHPS surveys, grievance letters, social review sites). The company helps in improving patient experience for healthcare systems, hospitals, ACOs, and outpatient facilities by highlighting areas for improvement and providing specific recommendations. XMi High Growth Development Fund Strategic Stratasan [Nashville, 2010]: Stratasan provides healthcare market intelligence to healthcare strategic planning and marketing professionals. Offers Blackbird Query Engine, that can be used by health analysts to turn health data from hospitals, outpatient centers, physician offices, medical care surveys, behavioral and demographic $1.23M data into intelligence. It offers its solutions to hospitals, surgery centers, pharmaceuticals, health plans, and physician offices. Also offers Physician pathway, a platform that offers intelligence on physician and provider relationships. Strategic SayAh [Tulsa, 2012]: SayAh offers a cloud-based platform that provides doctors and health systems with the tools needed to turn real-time patient satisfaction reviews into meaningful information. The company offers digital survey tools that work on tablets, desktops, laptops, and mobile phones. The patient surveys are then analyzed using dashboard tools. The company claims the real-time patient satisfaction feedback helps physicians to attract and retain patients, improve practice performance and improve online reputations. 192 Healthcare Analytics Report, July 2016 $275k Suite Solutions Clinical Financial Operational Operational (12/21) Company Details Funding $125k Strategic SMA Informatics [Richmond, 2001]: SMA Informatics offers, Patient Care Analyst, an Internet-delivered reporting system that allows healthcare providers to track the migration of patients in service areas, compare market share among competitors and perform DRG, ICD and CPT code analysis. Features include: analyze patient discharges and length of stay, compare physician performance, analyze payers and evaluate access and utilization patterns across payer categories and analyze market share by comparing discharges Strategic Definitive Healthcare [Natick, 2008]: Definitive Healthcare is a provider of data, analytics and intelligence on hospitals, physicians and other healthcare providers. The company claims their product suite provides the data on over 8,100 hospitals and IDNs, 7,300 ambulatory surgery centers, 11,000 imaging centers, 38,000 long-term care facilities, 1,200 ACOs and HIEs, 197,000 physician groups, 1.3 million physicians, and 750 Canadian hospitals. The company also provides clients with the analytics and insight needed to effectively segment and research the healthcare provider market. Strategic Strategic Strategic EveryPatient [Boston, 2014]: EveryPatient is a mHealth analytics company that develops health survey products designed to drive quality improvement and cost reduction for health delivery facilities. Uses mobile, tablet based survey tools. This data is analyzed with EP-Smart Analytics to produce reports and recommendations. The recommendations are implemented using the EveryPatient Model. Equation [Layton, 2006]: Equation provides a cloud based enterprise health analytics platform that allows healthcare executives to improve healthcare delivery and make better business decisions. The analytical products offered under their DataRiver platform are physician analyzer (physician practice data), service line analyzer (inpatient and outpatient), downstream analyzer (value of physician practice) and market analyzer. Dapx [Sao Paulo, 2013]: Dapx provides technology-based market intelligence to the healthcare industry in Brazil using a data algorithm process. Dapx offers studies focusing on patients, procedures, diagnostics and drugs supporting strategic areas of business, such as marketing, business development, market intelligence and pharmacoeconomics. The solutions offered include DAP Monitor, identifies the behavior in purchasing medicines and profile of patients in the private health in different therapeutic areas; Dap SUS, involves the extraction, normalization and processing of market data of public health in Brazil; and DAP Reports, an application of technology and intelligence on the health insurance data. 193 Healthcare Analytics Report, July 2016 Investors Spectrum Equity Suite Solutions Clinical Financial Operational Operational (13/21) Company Strategic Details Implant Box [Waltham, 2011]: ImplantBox is a cloud-based implant registry created by ClinicalBox. The company claims that the product is HIPAA compliant. Features include: Search registry, for searching implants in a practice's registry; Analytics and reporting, for finding patterns across a practice; and Autofill Forms and Letters, for automating paperwork. The registry is Analytic Alchemy [Camp Hill, 2012]: Analytic Alchemy offers a big data analytics platform for healthcare. The company appears to have closed its operations. Strategic Glimpse Live [Jacksonville Beach, 2011]: Glimpse Live offers an analytics solution that tracks and measures a practice's performance. The Glimpse report enables the owner to track their business performance, identify growth opportunities and future trends, compare results among peers. Strategic Strategic Strategic Quaenam [Godalming, 2015]: Quaenam provides Horizon, a web-based collaborative platform, that helps health and social care professionals with tools to support their planning processes and to monitor their contractual performance. Horizon is a delivery interface of data sources and associated business intelligence tools that can be configured and customized based on an User's needs. The insights are provided through a high level dashboard and a detailed level storyboard. iHealth Analytics [Dallas, 2008]: iHealth Analytics offers a web-based efficiency measurement and analysis system to payers and providers. The platform helps physicians and payers perform comparative analytics and resource utilization. The company's product components includes a web-based interface, analytics engine and database, 194 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (14/21) Company Details Strategic Metriq Labs [Seattle, 2015]: Metriq Labs provides an automated digital platform to help healthcare providers capture patient feedback and use it to measure and improve patient satisfaction. Uses a text analysis system to automatically analyze written communications. The company offers: Patient Satisfaction Score based on publicly available data and direct feedback; Operational Insights & Trends that describe actionable improvements mentioned by patients; and Patient Feedback Capture in multiple languages. The pricing is based on whether the provider is a single doctor ($50/month) or a small practice ($150/month). Hospitals and clinics have different quotes. Strategic Strategic Strategic Limelight Performance [Pensacola, 2013]: Limelight Performance offers performance analysis software to healthcare providers to get insights into the quality of care delivered. Collects information using patient perception surveys and provides real time data tracking on performance assessment. As part of its Performance Pioneer program, early adopters also receive coaching tips to support staff development. Medytex [Fargo, 2013]: Medytex is a cloud based real-time patient feedback platform that offers a communication channel between the patients and the providers. Medytex creates short surveys for healthcare providers. Patients can answer by selecting icons available in different languages. Medytex analyzes the results and generates reports for providers. The results are categorized in terms of a patient’s age, gender, and language and clinic administrators can view the survey answers and comments in terms of charts. The platform is part of North Dakota State University’s Technology Incubator Perception Health [Nashville, 2014]: Perception Health analyzes community health data to help hospitals make administrative decisions based on their area's needs. Products offered: phTeam, cloud-based tool for identifying physician referral trends for reducing referral leakage and enhancing physician loyalty; and phCoder for simplify medical coding and build a single code system. Wiseyak [Bellevue, 2012]: Wiseyak provides a platform for healthcare monitoring that uses machine learning and natural language processing to convert free-form patient narratives into integrated patient health data across multiple platforms and analyses it for meaningful relationships. Strategic 195 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (15/21) Company Details Strategic Prime Healthcare Analytics [Miami, 2014]: Prime Healthcare Analytics, is a healthcare analytics company that offers a cloud-based healthcare market intelligence (HMI) application. The company provides its users with the tools to perform customized research and analysis on healthcare markets throughout the United States. According to the company, it can assess the most optimum locations for expansion of health care services. The company offers to provide thermal maps, plots, analysis, clones and reports to study the market. It caters to Medical Operators and Medical Real Estate developers Strategic HealthGuideApp [Reykjavik, 2015]: Health guide is a platform that enables patients to provide ratings and reviews of providers and services based on satisfaction, time spent and quality. The company claims to empower patients with the ability to make informed, data-driven decisions of providers that are right for them and empower providers and healthcare organisations with the ability to gain insight into patient-customer perceptions. The company is still in the prototype phase. Strategic Yorn [Conshohocken, 2009]: Yorn (Your Opinion Right Now) offers healthcare organizations insight and intelligence into patient generated feedback. The company's analytics platform is optimized for mobile and is HIPAA compliant. Yorn's "Feedback-as-a-Service" enables patients, family members, and clinical staff to provide real-time feedback on any healthcare experience. These insights enable providers and payers to identify potential problems and make appropriate operational changes that improve patient experience, patient satisfaction, and patient compliance with care plans. ekinwise [Mumbai, 2015]: Ekinwise is a stealth mode startup working on health care data intelligence. Yet to launch as of Jan 2016. Strategic 196 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (16/21) Company Details Strategic Curate.Health [Nashville, 2012]: Curate.Health, formerly known as SmartPatient, offers healthcare providers a real-time patient satisfaction measurement system. Curate.Health offers patients a personalized mobile application for communication, status notifications and education. The system includes a mobile patient experience platform along with patient-specific analytics to improve clinical quality and patient experience. The company's real-time machine learning sentiment analysis algorithms automatically identifies and prioritizes patients in greatest service distress enabling real-time service recovery. Curate.Health also offers longitudinal patient-specific analytics for predictive, market research and service personalization. Funding Procured Health [Chicago, 2012]: Procured Health offers technologies that drive much-needed savings in hospital supply spend. Procured’s solution suite includes three web-based products: IntelligencePRO, EvaluationPRO, and PipelnePRO. IntelligencePRO is a comprehensive database of market and clinical $15.1M information for medical devices, which enables value-driven decision making EvaluationPRO is workflow solution developed specifically for the hospital purchasing process PipelinePRO is a savings discovery BI tool that Materials Management leverages data science methods to help healthcare providers proactively identify optimization opportunities Materials Management Cohealo [Boca Raton, 2012]: Cohealo is an asset mobilization and analytics platform for the healthcare industry. The company helps hospitals rent out their non-emergency medical equipment. The company’s first product $11.35M informs hospitals when it’s the right time to move expensive medical technology between locations. Data and analytics provides teams the insight to align asset spend with highest impact. mPharma [Tel Aviv, 2013]: mPharma provides physicians and pharmacies with applications to prescribe and locate the medicines they need and report adverse drug reactions. The data generated anonymously by application users in Africa is analyzed and collected to build a pharmaceutical data platform. Prescription Management tools provide physicians with an application that lets them know in real-time the exact location and availability of any medicine of interest. The platform gives pharmaceutical providers access to real-time data for market intelligence and service monitoring, helps ministries to meet public health challenges and Materials Management improves access to medicines for all. 197 Healthcare Analytics Report, July 2016 $5M Investors Bessemer Venture Partners, Heritage Group, Clayton Associates, Silicon Badia, Blueprint Health, Fidelity Biosciences, Zimmerman Ventures, Accelerator Tech, Jump Capital Romulus Capital, Krillion Ventures Alchemist Accelerator Suite Solutions Clinical Financial Operational Operational (17/21) Company Details Funding Investors Intelligent InSites [Fargo, 2003]: Intelligent InSites helps healthcare organisations identify the location of equipment and staff and analyze utilization rates. Through its software platform, it gathers data from real-time location, condition sensing for improving asset management and patient flow. Its clients gain enterprise-wide visibility and are able to impact continuous process improvements. $5M Arthur Ventures, Healthcare Corporation of America Medpricer [Guilford, 2008]: Medpricer is a trading exchange system that enables hospitals and suppliers to negotiate contracts electronically and in real-time. Every competing supplier's pricing proposal, terms & conditions and subsequent negotiations are all transmitted electronically. Pricing analysis is performed on the data captured and terms and conditions from competing proposals can be compared side by side. The proposal analysis enables the hospital to readily provide feedback to potential suppliers, allowing suppliers to respond to Materials Management the hospital requests quickly and accurately. $5M Solstice Medical [Columbia City, 2005]: Solstice Medical uses analytics and RFID technology to help hospitals manage and track their assets. Offers, ClinicalPulse, a real time analytics platform that provides supply chain workflow solutions. Features include: Inventory tracking and control using RFID tags; and dashboards and reports using analytics. The company claims their solution helps reduce supply chain cost and enhance clinical efficiency by managing the supply continuum from manufacture to distribution to central supply to OR to Materials Management procedure to billing. $2.8M Materials Management Elevate Ventures Valify [Frisco, 2014]: Valify provides a SaaS based platform that helps hospitals identify, benchmark and track savings opportunities in their supply / chain process. The platform provides a database of vendors and suppliers. The company claims that it simplifies analysis of non-labor spend by categorizing spend data intelligently. $2.75M Analytics is used to compare spending across different facilities and identify areas where savings can be Materials Management optimized. The technology is patent-pending. Kermit PPI [Baltimore, 2012]: Kermit Physician Preference Items (PPI) offers a cloud-based, point-of-use spend management and financial analytics platform for hospitals in implantable medical devices category. Features include Contract compliance and bill audit engine by automated checking of every vendor bill; and Dashboard analytics, for surgeons and supply chain to view and measure their preferences. Operates as a subsidiary of PA & Associates Healthcare. The company has utilized the Mendix platform to custom-build an analytics platform. Materials Management Offered as a subscription model. 198 Healthcare Analytics Report, July 2016 $525k Dreamit Ventures Suite Solutions Clinical Financial Operational Operational (18/21) Company Details Funding Investors Syncera Interactive [Germantown, 2014]: Syncera Interactive, formerly known as S2 Interactive, is a developer of software applications for medical device companies and hospitals. The Saas offered by them enables clients to manage the array of complex instrumentation with a cloud-based, tablet compatible platform. It supports, informs and enhances the service and supply of OR, especially orthopedic procedures. Also have a surgical analytics platform designed for Hospitals for cost reduction. It is a strategic business unit within Smith & Materials Management Nephew. MB Venture Partners, Innova Memphis Omnicell [Mountain View, 1992]: Omnicell provides automated patient-centric medication and supplies management and business analytics solutions for healthcare organizations. Clients range from acute care hospital, post-acute skilled nursing and long-term care facilities to home healthcare. The automated hardware/software systems for medication dispensing include solutions from the point of entry into the hospital through the central pharmacy, nursing unit, operating room, and patient bedside. The supply management systems promote cost control and charge capture for payer reimbursement, and improve management and reordering of inventory. Products range from high-security, closed-cabinet systems and software to open-shelf and combination systems in the nursing unit, cath lab, and operating room. Claim to have more than 3200 customers worldwide (as of Feb 2016). Omnicell Medication Adherence solutions, including its MTS Medication Technologies brand, provide innovative medication adherence packaging solutions to help reduce hospital readmissions. Claim to enable approximately 7000 institutional and retail pharmacies worldwide to maintain high accuracy and quality standards in medication dispensing and administration while optimizing productivity and Materials Management controlling costs. Omnicell has been recognized with KLAS awards every year since 2005. Sutter Hill Ventures, Ascension Ventures, Peloton Equity Veyo Logistics [San Diego, 2015]: Veyo Logistics is active in the Non-Emergency Medical Transportation (NEMT) and healthcare logistics industry through a technology-first approach for patient transportation. Cloudtechnologies, Big Data analytics, GPS-tracking and mobile apps have been connected to a virtual, scalable and cost effective fleet of drivers and their vehicles. It provides analytical insights to manage transportation better and simplification of logistics. Veyo Logistics is a result of the combination of 2pointb, a transportation and logistics technology company, with the healthcare logistics and transportation division of Total Transit, a company with a 20-year track record of delivering a differentiated solution for provider partnership and call Materials Management center technology. 199 Healthcare Analytics Report, July 2016 Suite Solutions Clinical Financial Operational Operational (19/21) Company Details Insysiv [Kansas City, 2012]: Insysiv is a healthcare software company that helps hospitals achieve cost savings for Physician Preference Items (PPI) by using predictive analytics. Using RFID technology on devices and assets, Insysiv helps hospitals track the usage of products. The platform helps to ensure that the products are appropriately billed and shows what items are needed and how much is of it is needed. It also gives visibility on the procedures and physicians who have used the product. The platform allows different hospitals to pool in Materials Management their purchasing together into one bulk order for greater savings. Predicata [Providence, 2015]: Predicata provides an analytics platform that offers cost savings and quality improvement opportunities under areas like service line device utilization, supply chain expense, and risk management. Offers SupplylinQ, identifies and improves variations in Healthcare Supply Chain; Freight Management, helps optimize transportation costs; and Risk Management and Quality Improvement provides performance insights as compared to clinical guidelines and industry benchmarks. This program can be brought Materials Management in-house and Predicata can be retained to manage compliance. Synthium Health [Marietta, 2013]: Synthium Health is a networking marketplace for the healthcare industry that enables providers and suppliers to exchange information and conduct eBusiness, cost-effectively. Provides tools for eSourcing, supplier management, approval workflows, optical character recognition- fetch data from paper invoices, spend analytics, reporting and accounts payable cycle. Partnered with Proclaim Inc., a provider Materials Management of cash-flow improvement solutions for the healthcare industry. CloudFace [Washington D.C., 2011]: CloudFace is a cloud based technology firm that offers end to end solutions for healthcare supply chain management and uses predictive analytics for cost savings opportunities. The company provides supply chain visibility and links manufacturers, distributors and hospitals. Materials Management 200 Healthcare Analytics Report, July 2016 Funding Investors Suite Solutions Clinical Financial Operational Operational (20/21) Company Details Funding Investors Health Market Science [King Of Prussia, 1999]: Health Market Science uses big data technology and analytics to help healthcare organizations reduce operational costs, maximize market opportunities and comply with evolving federal and state laws. The company claims to maintain a healthcare master file of over four million BFTP, Mediphase Venture Partners, providers, one million healthcare organizations and the affiliations between them. Its platform - Current, data $51.93M Cross Atlantic Capital Partners, Edison management and analytics platform provides real time access to search, validate and insights. Its platform is Partners capable of ingesting data directly from backend systems or through the API interface. The company claims to hold the largest claims data warehouse. The company was acquired by LexisNexis in January 2015. Treato [Yehud, 2008]: Treato automatically collects patient-written health experiences from blogs and forums and, with Natural Language Processing (NLP), extracts relevant information, of what people say about their medications and conditions. Treato’s Consumer site (treato.com) provides patient-oriented knowledge source $14.5M which is completely advertising-free and free-of-charge. Treato Pharma is an innovative brand intelligence service for pharmaceutical marketers and agencies that provides real-time insights into patients’ opinions and attitudes. Tesaris [Salt Lake City, 2006]: Tesaris develops information systems that focus on optimal staff utilization, appropriate patient placement and data-based hospital decision support. Tesaris is developing healthcare systems using web-based program platforms. Offers PreCIS Suite consists of six distinct HIT systems integrated to work together for areas like materials management, department utilization, HR and staffing management. Sentius Technologies [Salt Lake City, 2014]: Sentius Technologies provides business intelligence to small and private dental and medical practices. The company offers offers monthly reports into the financial, marketing and operations aspects of a practice. Provides local benchmarking for practitioners and ability to forecast financial metrics. 201 Healthcare Analytics Report, July 2016 $230k Orbimed, Reed Elsevier Ventures, New Leaf Ventures Suite Solutions Clinical Financial Operational Operational (21/21) Company Details ClinicalMind [Jersey City, 2012]: ClinicalMind is a medical communications company that offers analytics, reporting, and metrics through its enGauge platform to help healthcare providers manage their program effectiveness. The enGauge platform comprises: Clinical Perspectives, an advisor engagement platform equipped to host surveys, document reviews, video trainings, feedback programs; Speaker Resource Center, an online speaker portal; Clinical Resource Center, a Peer-to-peer educational platform and Clinician Database, a database that contains information on key clinicians and engagement tracking. Web2Doctors [Guarulhos, 2013]: Web2Doctors, is a company based out of Brazil that provides a platform which merges big data analytics, Enterprise Content Manager (ECM), and Social Business technologies for the healthcare sector. The company integrates data from multiple sources, including EHRs, EMRs and provides strategic business and marketing insights using analytics and intelligent dashboards. The platform also provides collaboration opportunities among professionals. 202 Healthcare Analytics Report, July 2016 Funding Investors 3 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 203 Healthcare Analytics Report, July 2016 Team Abhimanyu Imtiaz, Kulbir Bhatti, Analyst, Health - Enterprise Lead Analyst, Health - Enterprise 204 Healthcare Analytics Report, July 2016
