Patient Data Disruptors
Identify 15 companies working in the patient health data ownership/access space with the following missions (5 companies per mission): helping customers gain access and give them back ownership of their health data, disrupting current health ecosystems when it comes to their data, and companies providing digital health services related to patient data ownership. For each company found, provide an explanation of what the value proposition of the company/startup is, how they are executing their mission, who else are they working with, and what stage are they currently in.
Helping Customers Gain Ownership of their Health Data: Medicalchain
Disrupting Current Health Data Ecosystems: Validic
- The mission of Validic is to "improve the quality of human life by building technology that makes personal data actionable."
- The company condenses all data-streams of health data, including from mobile health, in home health, wearables, and other non-clinical sources, into a one-stop source of digital health information used by pharma companies, hospitals, insurance companies and more.
- The companies unique proposition is that they leverage the "‘conversation economy’" to encourage patients, via social media, to upload health data even from non-connected devices.
- Validic has many partners, including but not limited to Trapollo, Welldoc, Kaiser Permanente, and InterSystems.
- Validic has completed five rounds of funding, raising $18.4 million to date. The latest stage completed was Series B.
Providing Digital Health Services on Patient Data: Apple Health App
- Apple Health App, released in January 2018, allows for patients to transfer clinical healthcare data directly to the app, as well as share that information with other doctors/treatment providers.
- Users can also choose to share all this data directly with Apple, meaning that Apple could sell that data to other companies if it chose to.
- The unique value proposition here is twofold; first, the ability to directly transfer clinical records to a patient's mobile device and secondly, to allow apple to have access not only to the patients medical data, but also to be able to connect that medical information with all of Apple's wellness censors, like the information on heart rate from Apple Watch among many others.
- Apple has partnered with over 120 healthcare institutions to pilot the Apple Health record app, including Adventist Health System, Mount Sinai, Cleveland Clinic, Intermountain Healthcare, LabCorp and others.
- Since the Apple Healthcare App is part of the larger Apple corporation, no information on funding specifically for the app was available.
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