Digital health companies are well placed to capitalize on new incentives designed to reward preventive care and keep patients out of hospitals.
In the United States, the Affordable Care Act created economic incentives that encourage preventive care, in order to move the healthcare system away from the “fee-for-service” mindset that pushes doctors and hospitals to provide as many procedures as possible.
The move toward service where the goal is keeping patients healthy and out of hospitals has created an opportunity for preventive care-focused startups.
We used CB Insights data to highlight some early stage (Seed and Series A) digital health companies that are working in this area. They range from companies like Kurbo Health that provides weight-loss coaching for kids that may be at risk for related ailments to Sherpaa Health that uses virtual doctor offices to recommend next steps for patients seeking advice.
|Filament Labs||Helps health professionals deliver personalized care plans from their desktop directly to their patients’ smartphones||Mercury Fund, Techstars|
|Kindara||Gives women the knowledge, support, and proper tools to understand how their fertility works and meet their fertility goals||Boston Seed Capital, SOSventures, Good Works Ventures|
|Kurbo Health||Uses mobile to provide personalized coaching to overweight children helping them better mange their weight and lifestyle||Bessemer Venture Partners, Data Collective, Rock Health|
|Lyra Health||Helps identify, engage, and coordinate people who struggle with behavioral health issues and match them with providers and treatments||Greylock Partners, Venrock|
|Medtep||Uses historical and active data about patients to create personalized medicine plans||Stella Maris Partners|
|Quartet Health||Allows medical and behavioral health clinicians to work collaboratively on shared treatment goals, while giving patients access to technology-enabled care||Polaris Partners, Oak HC/FT, Fidelity Biosciences|
|Rise Labs||Mobile app that connects people to a personal nutritionist||Floodgate, Lightbank, Cowboy Ventures|
|Sentrian||Prevents hospitalization by leveraging biosensors and machine learning to remotely detect patient deterioration before problems become acute||Reed Elsevier Ventures, Frost Data Capital|
|Sherpaa Health||Offers an around-the-clock email and phone access to NYC-based doctors that can help prevent needless emergency room visits||SV Angel, First Round Capital, Softbank Capital|
|Lantern||Lantern offers online programs and coaching that strengthens emotional well-being||Mayfield Fund, SoftTech VC, Rothenberg Ventures|
|NeuroTrack Technologies||NeuroTrack Technologies aims to transform the diagnosis & treatment of Alzheimer’s Disease||Founders Fund, Social Capital, Rock Health|
Want more data on digital health companies? Check out our venture capital database below.
This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
- Earnings Transcripts Search Engine & Analytics to get an information edge on competitors’ and incumbents’ strategies
- Patent Analytics to see where innovation is happening next
- Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm
- Business Relationships to quickly see a company’s competitors, partners, and more
- Market Sizing Tools to visualize market growth and spot the next big opportunity