Posts tagged Technology
Junto Profile: MirrorMe3D

From cosmetic surgery, to breast reduction, to post-trauma facial reconstruction, surgery in the United States is widely prevalent in the United States. In 2002, the American College of Surgeons calculated that the average American will undergo 9.2 surgeries in their lifetime. Despite this prevalence, the complications of ill-performed surgical procedures still remain a pressing issue. 3% of hospitalized patients who received surgical procedures experience adverse complications. These complications range from steep drops in blood pressure, hemorrhaging, wound infection, and many more deadly consequences.

MirrorMe3D, based in New York, creates full-color, patient-specific 3-D soft-tissue models, useful for modeling surgical procedures. Using .mtl files from high-quality 3-D cameras, engineers at MirrorMe3D perfect and cut exact replicas of surgical processes. By creating intensely precise templates made of flesh-like soft tissue material, surgeons can conduct complex and intricate surgeries with greater accuracy, diminishing the overall rate of surgeon error. Additionally, by providing patients with 3-D models of their surgical procedures, patients can visualize their procedure before it happens, providing a piece of mind. Patients and surgeons alike have provided positive feedback on MirrorMe3D’s innovate approach to surgical modeling, contributing to higher patient satisfaction and safety. We spoke with Jordan Mills, CEO at MirrorMe3D, to understand how MirrorMe3D has improved surgical procedures thus far, and the impact that MirrorMe3D’s soft-tissue 3D modeling has for the future of surgery.

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Patient Protection in the Era of the Doctorpreneur

The term “doctorpreneur” has been coined by the media to refer to the ambitious group of doctors who are disrupting the healthcare industry with innovation solutions to pervasive problems. Over the years, the medical community has earned its place in the startup world, proving that it’s not just computer scientists and engineers who can innovate in the 21st century. In the past 20 years, the number of joint MD-MBA programs in the United States has grown from just 6 programs to more than 70. Even those without an MBA degree are finding the allure of the business and tech world intriguing and have sidelined their professional medical practices to pursue healthcare business ventures.

The concept of having doctors design health tech solutions for fellow clinicians makes perfect sense on many levels. No one has better insight into the needs of clinicians and patients than medical professionals themselves, as they are the individuals who regularly experience the challenges these solutions seek to overcome. The perspective that doctors hold in regards to the inner workings of the healthcare system is one which even an experienced business professional is unlikely to ever gain.

While the success of the physician-founded startup is promising, it also introduces new challenges to patient protection. This new frontier introduces greater complexity to questions surrounding physicians involvement with business endeavors, and specifically, how doctors balance corporate financial and advisory roles alongside their role as unbiased care providers.

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Junto Profile: Awair

Wearable fitness devices were the first health technology products that truly made me consider whether health tech had the ability to make a big splash into the average, consumer goods marketplace. With fitness devices, you did not have to have a particular illness or set of health needs to find use for them, which is rare in the health tech world. While their merits may still be debated, it was still nonetheless remarkable that all the sudden one day everyone was monitoring their steps on their wrists.

Ronald Ro and his team at Awair have developed a consumer-facing healthcare product that, similar to the wearable fitness device, may soon be found in the hands of individuals all across the country.  Awair is a sleek device that monitors the quality of air in a room and then provides recommendations to create a healthier home environment. This device is moving beyond simply monitoring the health of one's body and is instead taking into account the large impact that the environment plays on health outcomes. The premise behind Awair is that you should not only be worrying about air quality once you are suffering from the adverse consequences of pollution, chemicals, or dust. Instead, you should be working to stabilize your environment and prevent these adverse consequences from ever arising. 

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Junto Profile: EpiBone

What if everything you needed to recover from an injury or illness was already residing within your own body? Nina Tandon and her team at EpiBone are trying to make this idea a reality with their mission to harness the body's healing power and develop a new method of skeletal repair. The EpiBone team has figured out how to harness the power of a bioreactor to mimic the conditions found in the human body which enable bone growth. In just three weeks, they are able to build a personalized bone graft out of adult stem cells that is ready for implantation. 

With a PhD in tissue engineering and an Executive MBA in healthcare entrepreneurship from Columbia University, Nina has been making waves in both the academic and commercial world with her revolutionary bone growth process. Fast Company named her as one of the top 100 creative people in business and she also is a TED Senior Fellow. In 2017, Nina was also named as a Finalist in Heritage Healthcare's Annual Innovation Awards. 

Currently, EpiBone is on track to begin their first human clinical trials this year with a plan of going to market in 2023 if all goes well. We caught up with Nina to learn more about what it has been like to grow her company in New York City and how EpiBone has been received within the medical community.

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3 Health Tech Companies to Watch in 2018

Heading out of 2017 and into the New Year, the health tech battlefield is littered with countless startups who garnered investments but soon fell to the unique pressures felt in the healthcare space. At Junto, we have been able to have a sidelines view of these trials and tribulations as we have guided our larger providers and pharmaceutical members through different phases of digital innovation. 

While plenty of companies have impressed us with their tenacity and drive, a few stood out for their unique vision and solutions to the healthcare ecosystem's struggles on both the clinician and patient side. Here is our roundup of 3 startups that thoroughly impressed us this year and that you should be sure to keep an eye on as we head into 2018, because they are most definitely positioned for even more success.

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Applying Psychology to the Challenge of Internal Health Tech Adoption

Adoption of technology in the healthcare field has been happening at an incredibly slow pace. This is a fact that new would disagree with. The market is saturated with health tech companies that are vying to be the next big unicorn in the field, but long sales cycles and simple underestimations of what is needed for HIPAA and FDA approval has led to the demise of many of these projects. The ones that do receive enough series funding to produce finessed products for health systems and pharmaceutical companies however soon realize that the battle against time is not over.

Simply getting into a health system is not enough. Once a contract is finally ironed out and software is exchanged, the next uphill battle against the slow-pace of internal adoption is mounted. 

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Junto Profile: Dianne Auger & the Ascension Health Network

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.

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Junto Profile: Northeast Business Group on Health

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.

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When Emotion Gets in the Way of Adoption: Overcoming the Fundamental Challenge for any Health Tech Company

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.  

 

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