HealthTech Arkansas, along with 11 healthcare providers — Arkansas Children’s Hospital, Arkansas Heart Hospital, Arkansas Urology, Baptist Health, CHI St. Vincent, Conway Regional Health System, Mercy, OrthoArkansas, St. Bernards Healthcare, University of Arkansas for Medical Sciences (UAMS), and Washington Regional Medical Center — announced the five early-stage companies selected for the 2020 HealthTech Arkansas healthcare accelerator.
Representatives from each of the 11 healthcare providers interviewed applicants and selected companies with technologies that have the potential to advance innovation at their respective organizations. The five companies were selected from hundreds of applicants across 14 different countries and are headquartered across the country in California, Utah, and Pennsylvania.
“Our provider partners around the state are excited to introduce the new cohort companies to their teams and launch pilot programs that can make a difference in patient care,” said Jeff Stinson, director of HealthTech Arkansas.
“We’ve expanded the applicant pool and the number of providers in our coalition in each of the three years at HealthTech Arkansas,” said Stinson. “The guaranteed pilot projects and clinical studies from our providers around the state are what differentiates us from any other program in the country.”
The five companies are:
Astarte Medical, Yardly, PA
Astarte Medical is a precision nutrition company using software and predictive analytics to improve outcomes during the first 1,000 days of life. With an initial focus on preterm infants, Astarte Medical supports feeding protocols, practice, and decision-making in the neonatal ICU with a suite of digital tools and diagnostics designed to standardize feeding, optimize nutrition and quantify gut health.
nView Medical, Salt Lake City, UT
The nView_s1 is an imaging system that provides instant 3D images in the OR with minimal radiation. Like a C-arm, the nView_s1 images from a stationary single position. Unlike a C-arm, novel AI reconstruction techniques allow it to provide 3D images.
Raydiant Oximetry, San Ramon, CA
Raydiant Oximetry has developed a non-invasive fetal pulse oximeter to directly monitor a fetus’s blood oxygen saturation during labor and delivery and provide the key missing vital sign that clinicians need to more accurately assess the baby’s health during childbirth.
Vena Vitals, Irvine, CA
Vena Vitals, Inc. is re-innovating the way blood pressure is monitored by using soft stretchable sensors that can conform to the body and accurately measure arterial pulse. Their technology provides the benefits of continuous, beat-to-beat blood pressure measurements, but in a non-invasive way.
Zeto, Santa Clara, CA
Zeto has taken a significant step towards simplifying EEG. The Zeto product is the first and only dry electrode EEG headset and cloud platform cleared by the FDA for clinical use.
The cohort will participate in a program that provides them the opportunity to pilot solutions specifically identified by Arkansas Children’s Hospital, Arkansas Heart Hospital, Arkansas Urology, Baptist Health, CHI St. Vincent, Conway Regional Health System, Mercy, OrthoArkansas, St. Bernards Healthcare, University of Arkansas for Medical Sciences (UAMS), and Washington Regional Medical Center as areas of opportunity within their organizations, from neonatal health and cardiac care to medical devices and software platforms. Each company will receive seed investment as well as complete and total access to clinicians and administrators while executing their pilot projects.
HealthTech Arkansas is a third-year accelerator program focused exclusively on provider engagement with early-stage companies and works with both Arkansas-based and out-of-state companies. The Arkansas Economic Development Commission awarded a grant to HealthTech Arkansas through a program designed to increase acceleration activities in targeted industries in the state.