Another year, another great HealthTECH Event!
Thanks to all that helped us celebrate the HealthTECH Startup Competition‘s seventh anniversary!
Sponsored by Insight Innovation Center – Chicago, MATTER and iBIO, this annual event once again brought together a great mix of key healthcare industry and community stakeholders.
Each year we host this event, we aim to:
- Improve lives by bringing innovative health solutions to patients
- Encourage entrepreneurship in the healthcare industry
- Grow the medical innovation ecosystem
- Connect investors and corporations with early-stage companies
And while the goals of the competition have not changed, it’s reach and diversity within healthcare innovation have.
As the health tech ecosystem continues to grow in the Midwest, support from local medical and pharma companies has lead to increased activity for new technology solutions. Insight has seen the trend in interest and technology investigation grow from year to year in the startup space. This was made evident with this year’s increase in applications from all across the country and even Euorope, as well as an uptick in mobile health and connected device focused startups.
“ It is great to see talented, driven, smart people pulled into the healthcare innovation ecosystem that can benefit so many lives beyond social media platforms. These startups are truly affecting outcomes and have the potential to help so many people. “ – Steve McPhilliamy, Executive Director of Insight Accelerator Labs.
We were happy to include a fourth winning category again this year, the people’s choice award, collecting the audience’s pick through Twitter.
Our judges did a great job of selecting the 10 finalists from such a large, diverse, and impressive pool of applicants. Speaking of finalists…
Congratulations to our 2019 HealthTECH Startup Competition Winners!
1st place:
PhotoniCare – PhotoniCare is commercializing their TOMi™ Scope, a handheld imaging/diagnostic device that can better diagnose ear infections. This is the only technology that can see into the middle ear.
2nd place:
Tivic Health – Using bio-electronic medicine, their ClearUP™ device locates and stimulates nerve fibers to treat allergy-related sinus pain, already creating over a billion dollars in value.
3rd place:
Rhaeos – Rhaeos is developing the first wearable shunt monitor. FlowSense™ is a novel, noninvasive thermal biosensor aiming to improve the quality of care for patients with hydrocephalus.
People’s Choice Award
CareBand – CareBand’s IoT wristband provides peace of mind for caregivers of dementia patients, tracking locations and providing predictive analytics with minimal disruptions.
And congratulations again to all of our 2019 finalists!
We’d also like to thank our judges and sponsors. Without their help and support, this event would not be possible.
Barbara Goodman
President & COO at Cures Within Reach
Arun Bhatia
MATTER, Sr. Program Director
James Kelly, MD, MBA, FACS
Cascade Partners, LLC, President & Principal
Stephen Konya
Senior Innovation Strategist, Office of the National Coordination for Health IT (ONC),
Gregoire Gauthier
Nemera, Insight Innovation, Strategic Initiatives Leader
Katie Arnold
Founder, SPRIG Consulting LLC
Geoff Hutchin
MD Angels Member
We’re looking forward to seeing everyone at next year’s event! We’ll be sending out information in the spring regarding of the 2020 HealthTech Startup Competition.
You can view photos from the event on our Facebook page.
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