HEALTHTECH ARKANSAS HEALTHCARE ACCELERATOR TO INTRODUCE FIVE STARTUP COMPANIES SELECTED FOR 2021 PROGRAM WITH VIRTUAL EVENT

OPEN VIRTUAL EVENT, NOVEMBER 2, 2021 at 5:30 PM, FEATURING SECRETARY OF COMMERCE MIKE PRESTON

HealthTech Arkansas, along with 12 healthcare providers —  Arkansas Children’s Hospital, Arkansas Heart Hospital, Arkansas Urology, Baptist Health, CHI St. Vincent, Conway Regional Health System, Mercy, Northwest Health, OrthoArkansas, St. Bernards Healthcare, University of Arkansas for Medical Sciences (UAMS), and Washington Regional Medical Center are hosting a virtual event on November 2, 2021, at 5:30 PM to introduce the five startup companies selected for the 2021 HealthTech Arkansas healthcare accelerator. The event will include a welcome from Arkansas Secretary of Commerce Mike Preston and Patrick Wayte, SVP at the Center for Health Technology and Innovation at the American Heart Association, followed by short presentations from each of the five companies in the cohort.

For the 2021 program, the HealthTech Arkansas accelerator is focused exclusively on companies delivering cardiovascular technologies (devices, digital health and diagnostics), or innovations that can be targeted primarily to cardiac patient populations (e.g. remote patient monitoring). Only applications from companies that met these criteria were considered. 

“Focusing only on cardiovascular technologies concentrates our efforts on a clinical area that’s important to the state of Arkansas and gives us the best opportunity to improve clinical outcomes in our state,” said Jeff Stinson, Director of HealthTech Arkansas. 

Representatives from each of the 12 healthcare providers interviewed applicants and selected companies with technologies that have the potential to advance cardiovascular innovation and cardiac care at their respective organizations. The five companies were selected from high-quality applicants across seven different countries and are headquartered across the world in Switzerland, Israel and the U.S. in California, Washington D.C., and Ohio. The cohort will participate in a program that provides them the opportunity to build solutions specifically identified by Arkansas Children’s Hospital, Arkansas Heart Hospital, Arkansas Urology, Baptist Health, CHI St. Vincent, Conway Regional Health System, Mercy, Northwest Health, OrthoArkansas, St. Bernards Healthcare, University of Arkansas for Medical Sciences (UAMS), and Washington Regional Medical Center as areas of opportunity within their organizations. Each company will receive seed investment as well as complete and total access to clinicians and administrators while executing their pilot projects.

“Over the past three years, working with HealthTech Arkansas to introduce new healthcare technologies to our hospital and to our state has been beneficial not only to our patients but to our staff. We get a chance to see the latest medical innovations, and it helps our own staff to think more innovatively, as well,” said Dr. Gerry Jones, Chief Medical Officer at CHI St. Vincent.

The five companies are:

Hi-D Imaging, Zurich, Switzerland

Hi-D Imaging is an AI imaging software that improves clinical outcomes and decreases pre-operational planning time by providing personalized solutions based on each patient’s anatomy. 

http://www.hidimaging.com/

Moving Analytics, Irvine, CA

Moving Analytics is a virtual cardiac rehab platform that boosts hospital revenues, improves clinical outcomes, and reduces readmissions — even for those hospitals that have existing cardiac rehabilitation programs.

https://www.movinganalytics.com

Lumi Health, Washington, DC

Lumi Health is a remote patient monitoring solution that is AI-driven to better manage medications for heart failure patients, coupled with devices that collect patient biomarkers and an interdisciplinary team that interfaces with patients at home.

http://lumi.health

SoniVie, Tel Aviv, Israel

SoniVie is a proprietary intravascular denervation system using unfocused ultrasound that gives deeper penetration to treat more nerves than competitive RF and other ultrasound-based catheters. The target of their ongoing clinical studies is patients with uncontrolled and resistant hypertension.

https://sonivie.com/

Genetesis, Mason, OH

Genetesis is an FDA-cleared biomagnetic imaging solution that can detect myocardial ischemia in patients with chest pain and other anginal equivalents.

https://www.genetesis.com/

HealthTech Arkansas is a fourth-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. 

The virtual event is free and open to the press and the public. Attendees can register for the event at https://bit.ly/HTA2021event. More information about HealthTech Arkansas, including a link to RSVP for the kick-off event, can be found at HealthTechArkansas.com. 

ABOUT HEALTHTECH ARKANSAS

HealthTech Arkansas is an accelerator and early-stage investment fund that recruits worldwide for the most accomplished startups in the areas of digital health, medical devices, and diagnostic platforms. Those companies accepted into the program are guaranteed at least two pilot projects or clinical trials from among 12 leading hospitals, health systems, and physician practices in Arkansas. HealthTech Arkansas is the only program in the U.S. to guarantee pilot projects and clinical trials with healthcare providers. More information can be found atHealthTechArkansas.com.