If you are looking for all things newsworthy in healthcare & tech you have for sure come to the right place!
Read on below for features on Junto Members, reports on trends that we are seeing in digital health, and insight into the world of Junto Health and our mission.
Those who actually manage and work within health systems are the ones who actually see the complete picture of the health tech revolution. They also are reading about these flashy new products, but unlike us they are also privy to the inner workings and struggles that getting a product successfully integrated into a health system requires. Revolutionizing our health system is not as easy as buying a bunch of product licenses and then handing out applications to patients, but actually involves a considerable amount of thought, training, IT integration, and program roll-out.One provider system that recently went through this experience is St. Vincent's Medical Center in Bridgeport, Connecticut.
Imagine if I told you that there was a pool of close to 600,000 individuals in New York City who were ripe for innovative health technology integration. You probably wouldn’t believe me and say that it sounded too good to be true. This said pool does in fact exist and can be found concentrated within the city’s public housing.
While entrepreneurs, governmental leaders, and healthcare officials constantly speak of innovation and disruption, there seems to be a major disconnect between these words and actual creativity. This large, untapped pool of individuals who fall under the New York City Housing Authority’s (NYCHA) umbrella is one example of the lack of creative and truly disruptive practices I see in today’s early stage ecosystem.
Countless individuals in the U.S. are fortunate to receive healthcare via their employers. There is no magical, one-size fits all program though for employers to provide for their employees. Instead, employers often shop around the private market seeking the right fit for their company. This leads to the weighing of a myriad of offerings against one another while leaders attempt to choose the best fit to create a complete healthcare experience for their employees.
Employers are increasingly realizing however that they do not need to travel down this road alone. The Northeast Business Group on Health (NEBGH) is an organization that is helping unite employers together to discuss plan coverage, and the actual needs of their employees, in hopes of improving the quality of healthcare for many Americans.
Recently, the Chief Product Officer of Celmatix, Angie Lee, gave an incredibly engaging speech at an event held by HealthTech Women called "Take Charge of Your Reproductive Health & Biological Clock". Focused on the advances in DNA and reproductive health technology, and how this information is empowering women to make smarter decisions about their health, this talk provided a platform for a topic that is often pushed to the side and behind closed doors.
Inspired by the speech she gave, we asked Angie to expand further on her thoughts about the importance of presenting data in an approachable manner to address infertility by authoring a guest article for us.
In 2015, Julia Cheek founded a home health testing platform, EverlyWell, that has received acclaim from TechCrunch, CBS, Fast Company, and the Harvard Business School. Based in Austin, TX, EverlyWell has raised $5 million to date and is one of the fastest-growing consumer healthcare startups in recent history. They’ve reached millions in sales in just one year after launching in beta and in 2017 Julia was named the number one female entrepreneur to watch by CIO magazine for 2017.
With a mission of providing actionable insight regarding the biomarkers that appear on testing results so informed wellness decisions can be made, Everlywell has developed a convenient at-home process that has removed the layers of doctor appointments and difficult to understand results. Their recent partnership with Helix has also brought genomic testing to the platform, making them at the forefrongt of genomic and biomarker consumer testing.
At Junto Health we were lucky to have the chance to speak with the woman who coined the term “femtech”, Ida Tin, who is the CEO and co-founder of the female health application Clue.
Clue was founded in Berlin, Germany in 2013 when this technology movement first began to rise and has since grown its membership and reach. With a belief that “connected mobile technology is the future of female health”, Clue enables users to share information regarding menstrual cycles with partners, family, and friends. Ida took time to explain why this was an important aspect of the app’s design, and also how Clue is continuing to grow.
A group in Toronto, Canada called WinterLight Labs is beginning to break down the barriers of diagnosis and progression tracking of Alzheimer's disease with their new detection program. Based on AI technology, they have developed a way to quantify speech and language patterns so that cognitive and mental diseases can be easily detected and monitored. We spoke with one of their co-founders, Liam Kaufman, about their research and how its commercialization has the potential to revolutionize Alzheimer’s detection and maintenance.
That is the number of individuals who received their health insurance coverage via either Medicaid or Medicare programs in 2015 according to the data compiled by the CDC and Henry J. Kaiser Family Foundation. Let’s just repeat that number again- 105,692,900 Americans.
It was estimated that in 2015, there were 289,902,600 individuals with health insurance coverage. Approximately 39% of those individuals were receiving their coverage under public programs. This amounts to a significant percentage of the American population who are not being privately insured.
Why is it then that many of today’s trending health tech companies are ignoring this 39% of covered Americans when developing their innovations?
Designing digital health products can, at times, be much more complicated than developing regular technology. Not only are you dealing with the human body which can react and respond in numerous variable and unexpected ways, but you are on the front lines fighting against another force - time.
Whether it is growth or deterioration, the passing of time leads to massive changes on both a biological and a physical level. Digital health products are up against everything from microscopic cell growth and division to physically apparent weight increases and decreases. There is perhaps no stage of life where these changes are more fast-paced and important than during pregnancy.
Despite the fact that women make up 78% of the healthcare workforce, only 8 of the top 100 hospitals have female CEOs. Rock Health reported in a study of gender in the healthcare field that out of 125 women who work at a Fortune 500 healthcare company only 5 were in operating roles such as COO or president. This major disparity if why Junto Health and HealthTech Women have united to increase the visibility of female leaders in healthcare. For the inaugural profile of our joint series we choose to highlight one of today's major leaders in the fertility and family planning arena - Gina Bartasi.
Gina Bartasi has been a leader in the health tech field for over 20 years, providing endless insight and experience in platform and program design.
A guest author post by Juan Gonzalez: As a co-founder of InsightMedi, a small healthcare startup from Europe with business operations in the United States, I frequently get asked about the differences between working in one market or the other. Most commonly, I am asked about differences between the perception of a company and the value they create, the aversion to risk, the available talent, the size of fundraising operations, and the culture of innovation. It goes without saying that every experience is unique, but I would like to think that after spending three-plus years running the business in both ecosystems, there are greater similarities than there are differences.
Digital health today has taken notice of the desire for an immediate diagnosis along with the increased desire for accuracy. Now users are able to have a personal, multi-level analysis of their symptoms with actionable next steps and more accurate diagnoses. One of the companies that is leveraging the potential of AI in this manner is Buoy Health. Buoy Health was founded in 2014 by Dr. Andrew Le, Adam Lathram, Nate Ren, and Eddie Reyes. Le recently spent time telling us about his inspiration for heading down this digital health pathway and the future the he sees for online symptom platforms.