Ten startup health tech companies have been selected from more than 200 applicants to pitch their businesses at the AAPR’s fifth Health Innovation@50+ LivePitch event April 27 in Sunnyvale, CA.
“It is refreshing to know there are so many companies focused on technology solutions for people 50 and over, as well as their caregivers,” Jody Holtzman, senior vice president for enterprise strategy and innovation at the AARP, said in a statement. “With literally millions of Americans requiring assistance and millions of others providing unpaid care to these folks, there is an immense need.”
Finalists from the previous four events have raised more than $80 million in investments, and four companies have been acquired.
This year’s finalists, in alphabetical order:
- Cake, Boston, is designed to ease end-of-life planning. It breaks down the task into smaller ones and provides experts who can answer questions. The online CAKE profile is a living document of end-of-life preferences that can be accessed, updated and shared.
- Medivizor, Ramat Gan, Israel, reportedly provides people who have serious or chronic medical conditions, or their medical teams, with leading-edge, personalized information.
- Penrose Senior Care Auditors, Dallas, is senior care auditing technology designed to help ensure that older adults are okay while providing families peace of mind.
- PicnicHealth, San Francisco, is designed to helps patients and their families manage their medical records. PicnicHealth collects records on a patient’s behalf; maintains a single, up-to-date medical chart and coordinates between providers.
- Savor Health, New York City, is a technology-enabled provider of personalized nutrition solutions for people who have cancer and whose nutritional issues cause poor clinical and quality of life outcomes. Through its recommendation engine and a network of distribution partners, Savor is designed to empower those with cancer and their caregivers to take control of their nutritional needs.
- SeniorHabitat, New York City, is a centralized tour-booking and information website designed to simplify care transitions while decreasing time, costs and hospital readmission rates. SeniorHabitat works to facilitate healthcare decisions by helping older adults, caregivers and hospitals navigate the process of senior care facility selection to improve care transitions.
- SensaRx, New York City, launched its SafeWander Button Sensor in November and is focused on patient safety and caregivers’ wellbeing in both assisted living communities and the home. The impetus for the company was the founder’s family struggles to care for his grandfather, who had Alzheimer’s disease.
- SingFit, Los Angeles, combines scientific research on the health benefits of prescribed singing with a proprietary music platform to mass-distribute the benefits of music as medicine. Focused on dementia care and healthy aging, its debut product, SingFit PRIME, won the University of Southern California Keck School of Medicine Body Computing Prize and was the audience favorite at the Technology Innovation Challenge of the National Investment Center for Seniors Housing & Care’s 2015 national conference.
- UnaliWear, Austin, TX, is entering its Kanga Watch, which is designed to provide discreet support for falls and medication reminders and serve as a guard against wandering. Kanga Watch has a built-in smartphone, and UnaliWear’s artificial intelligence learns the wearer’s lifestyle to provide predictive, pre-emptive support.
- Well Beyond Care, Austin, TX, teaches families and individuals how to find and manage affordable, nonmedical in-home care while solving the chronic problems of caregiver truancy and turnover, and at the same time offers a pathway to transitional care to help home health agencies accomplish their clinical outcomes and customer service goals.
The four alternates:
- Care3, Los Angeles, is a mobile health technology company focused on applications that meet the needs of home- and community-based caregivers. The Care3 care-sharing platform for patients, families and their care teams has the goal of making it easy to coordinate care and assist with activities of daily living.
- Care Angel, Miami, is a patent-pending intelligent virtual caregiving assistant technology designed to deliver high-quality senior care and provide peace of mind for family caregivers and cost savings for the healthcare industry, especially for payers and providers.
- SafeBeyond, Tel Aviv, Israel, is an online and mobile app platform for the management and future delivery of personalized messages and digital assets. The service allows users to create and store video, audio and text messages for loved ones and decide when and where those messages will be shared with them.
- teleCalm, Dallas, developed a home phone service for the 5.3 million older adults living with Alzheimer’s disease and other dementias. The teleCalm phone service is designed to instantly protect seniors from all scammers and telemarketers, with easy setup and remote monitoring via the caregiver’s smartphone.