Cedars-Sinai Accelerator powered by Techstars unveiled its second class, comprised of eight health-tech startups. These companies will enter an intensive three-month boot camp at Cedars-Sinai to rapidly develop innovations and products that can transform the delivery of healthcare.
As part of the deal, each of the startups will get mentoring from Cedars-Sinai physicians and executives, along with $120,000 in seed money to “cultivate health-related ideas and inventions” in such areas as artificial intelligence, mobile health, healthcare financing, wearable devices and more. In addition, these companies also will have access to Techstars’ network of entrepreneurs and corporate partners.
The second accelerator class includes the following companies:
- Cerebro Solutions – An online platform that helps healthcare organizations manage clinicians and labor costs while forecasting labor demands.
- FIGS – An e-commerce platform selling updated medical apparel featuring soft, tailored, fluid-resistant fabrics.
- Frame Health – Software that uses advanced personality analysis to identify high-cost, nonadherent patients and prescribe tailored treatment plans that improve adherence and outcomes while saving money.
- Healthcare TTU – A platform that provides health systems with predictive analytics for cash flows and valuation of accounts receivable to help hospitals increase their financing opportunities.
- HealthTensor – A company that improves patient outcomes and reduces costs by developing the backbone for artificial intelligence in healthcare.
- Noteworth – A solution that bridges the data gap in healthcare by seamlessly uniting smart medical devices, data and support into a single, interoperable platform that positions physicians to deliver more informed, efficient and proactive care.
- ReferralMD – A cloud-based service that expedites physician referrals and e-consults with other doctors.
“We’re excited to pair these bright, motivated entrepreneurs with healthcare experts from Cedars-Sinai who together can rapidly accelerate the pace of innovation and transform healthcare in meaningful ways for our patients,” Darren Dworkin, senior vice president and chief information officer at Cedars-Sinai, said in a statement.
Graduates of the first Cedars-Sinai class of startups have raised more than $11 million in investments since graduating from the program last spring.