5 Innovative Companies Working On Healthcare Technology
Hospitality and healthcare have evolved in leaps and bounds over the centuries, making it possible to address a wider variety of conditions with greater accuracy, efficiency, and safety. The companies included here are among those helping to advance the field, providing resources and technological solutions that work for healthcare professionals and patients alike. This video was made with Ezvid Wikimaker.
5 Companies Innovating Healthcare Solutions
|Johnson & Johnson Innovation||Helps entrepreneurs realize their dreams of creating healthcare solutions, working side-by-side with innovators throughout their journey, providing a robust exchange of ideas and resources to support their success|
|Medical Guardian||Provides medical alert solutions, including fall alert systems and emergency response devices with GPS technology|
|Intiva Health||Creator of the Ready Doc system for medical credentialing, learning, and communication, which offers a centralized repository for documentation of healthcare provider qualifications|
|Savioke||Creates and deploys autonomous service robots that work safely, securely, and reliably in human environments, such as hospitals|
|Bloomlife||Women's health company solving significant global challenges in maternal health, striving to provide evidence-based solutions combining connected devices with data analytics to increase access to care, provide personalized feedback to moms, and help doctors earlier predict and manage pregnancy complications|
Introducing the Freedom Guardian Medical Alert Smartwatch
U.S. Mental Health Facts
- 1 in 5 U.S. adults experiences mental illness each year
- 50% of all lifetime mental illness begins by age 14, and 75% by age 24
- Suicide is the 2nd leading cause of death among people aged 10-34
- The average delay between onset of mental illness symptoms and treatment is 11 years
- People with depression have a 40% higher risk of developing cardiovascular and metabolic diseases than the general population
- 19.3% of U.S. adults with mental illness also experienced a substance use disorder in 2018
- The rate of unemployment is higher among U.S. adults who have mental illness (5.8%) compared to those who do not (3.6%)
- 41% of the people with mental disorders receive professional health care or other services
- Mental illness is associated with lower use of medical care, reduced adherence to treatment therapies for chronic diseases and higher risks of adverse health outcomes
- Up to 25% of primary care patients suffer from depression, but primary care doctors identify only 31% of these patients
- 4% of young adults reported forgoing mental health care in the past year, despite self-reported mental health needs
- Major depressive disorder is the leading cause of disability in the U.S. for ages 15-44
- Women are nearly twice as likely to suffer from major depression than men
- Four times as many men than women commit suicide
- Suicidal ideation among adults increased from 3.77% in 2012 to 4.19% in 2017
- The proportion of youth with private insurance that did not cover mental or emotional difficulties went from 4.6% in 2012 to 8.1% in 2017
- 8.4% of children aged 6 to 17 have been diagnosed with anxiety and/or depression
Bloomlife Pregnancy Device Takes the Guesswork Out of Labor
The ongoing advance of technology continues to offer new possibilities in the field of medicine, expanding the options available to patients, administrators, and health professionals. Both established and emerging companies work to produce novel tools for fighting illness and overseeing care. In no particular order, here are some businesses providing solutions for medical challenges.
Beginning our list at #1 is Johnson & Johnson Innovation, supporting entrepreneurs in creating healthcare advances. JJDC, its venture arm, invests in companies aiming to meet medical needs such as improved medical devices, novel pharmaceuticals, and public health solutions. Its regional Innovation Centers provide resources including capital investment and R&D collaborations, while the Janssen Business Development program builds partnerships with established biomedical enterprises.
Johnson & Johnson Innovation's JLABS program provides business incubators for emerging biotech and pharmaceutical companies, offering cutting-edge equipment and laboratory facilities at locations around the world. The initiative's residents also receive a variety of business resources, and opportunities to connect with investors. JLABS shares online webinars on innovation in the health industry, and its QuickFire Challenges spur entrepreneurs to develop solutions for specific health needs.
The initiative's residents also receive a variety of business resources, and opportunities to connect with investors.
Next up at #2 is Medical Guardian, which creates emergency alert devices for older adults. The company offers both in-residence systems like the Home Guardian, and on-the-go options equipped with GPS technology; all of its solutions are connected via cellular network to a 24-hour monitoring center, which sends assistance in the event of a fall or other crisis.
Several of Medical Guardian's alert systems enable monitoring by caregivers and family, such as the Freedom Guardian, which features messaging capability and a companion app. Available add-ons include voice-activated wall mounts and a pendant with built-in fall detection, and the Limitless Icons Collection offers alert buttons that double as fashion accessories. The company shares health and senior living advice through its blog.
Our #3 entry is Intiva Health, creators of the Ready Doc system for medical credentialing, learning, and communication. This software offers a centralized repository for documentation of healthcare provider qualifications, enabling faster reimbursement from insurance agencies and simplifying staff administration. Meanwhile, nurses and physicians can pursue continuing medical education with the free courses available through Ready Doc's learning platform.
This software offers a centralized repository for documentation of healthcare provider qualifications, enabling faster reimbursement from insurance agencies and simplifying staff administration.
The Ready Doc Messaging application provides a communications tool with HIPAA-compliant security for health professionals, enabling care teams to collaborate without risk of compliance breaches. Intiva Health's career management platform also provides the capability to rapidly search for medical job openings, and the company shares informational resources including industry whitepapers and blog articles.
Coming in at #4 is Savioke, the developers of the autonomous workplace courier robot Relay. This machine offers hospitals an option for secure delivery of items ranging from medical specimens to food and gifts, with functionality including automatic chain of custody tracking, and the ability to navigate elevators and crowded hallways.
Savioke offers resources describing the return on investment for hospitals that utilize Relay, as well as information on other applications like hospitality and logistics. The company publishes articles exploring the potential efficiency impacts of autonomous delivery in healthcare, as well as sharing news and perspectives on the future of workforce robotics.
The company publishes articles exploring the potential efficiency impacts of autonomous delivery in healthcare, as well as sharing news and perspectives on the future of workforce robotics.
Closing out the list is #5, Bloomlife, which conducts research on maternal health and preterm birth. The company's wearable pregnancy tracker monitors contraction frequency, sharing the data with a mobile app so that users can observe progress toward delivery. Bloomlife's long-term research project has built a longitudinal database gathered from over ten thousand mothers, working towards better prediction of premature labor.
Bloomlife's ongoing research initiatives gather and analyze data from the daily life of pregnant participants, and use these results to refine the design of the company's wearable technology for maternal monitoring. Bloomlife has received numerous grants and awards for its work on prenatal health. The firm shares stories from users, and publishes articles on the continued challenges surrounding preterm birth.