Health startups have been making waves in the industry in recent years, as they have the potential to break new ground, overhaul global healthcare, and introduce innovative methods.
In 2022 alone, these companies garnered $6 billion in funding, demonstrating the strong demand for the value of their services. For one, many health startups are focused on developing new diagnostic tools that have the potential to revolutionize traditional treatments. By introducing novel technologies and approaches, these companies can help to address unmet needs and improve outcomes for patients.
Moreover, health startups can also disrupt obsolete practices by challenging the status quo and forcing the healthcare industry to evolve. By introducing new methods and approaches that are more efficient or effective, these companies can help to drive change and improve the way that healthcare is delivered.
These 6 health startups are key players in the global healthcare revamp in introducing new forms of treatments and providing accessibility to healthcare worldwide:
Evinature
Evinature is focused on the development and distribution of integrative therapies for the treatment of inflammatory bowel disease (IBD). Through the use of nutraceuticals that have been clinically proven to be effective in the treatment of IBD, the company aims to provide patients with access to accurate diagnosis and treatment. This is accomplished through the use of the company’s proprietary online platform, which guides patients through the CurQD Protocol.
The CurQD Protocol is a natural, tailored treatment regime that has been successfully implemented into standard clinical practice in leading medical centers in Israel and has had a transformative impact on the way that IBD patients are treated.
SonderMind
SonderMind is a company that connects mental health providers with networks of new patients and helps with various aspects of the healthcare process, including payor credentialing, billing and claims management, and guaranteed instant payment on claims.
SonderMind’s licensed therapists are in-network with many major insurance providers, including HSA, FSA, and Medicare plans. The goal of the company is to make it easier for individuals to access mental healthcare by eliminating waitlists and the need to search through outdated directories. SonderMind believes that therapy can be an effective treatment option, and it is committed to redesigning mental healthcare to make it more accessible and convenient for patients.
CareRev
CareRev is dedicated to building a sustainable future for healthcare professionals. Through its modern marketplace platform, CareRev offers healthcare professionals the freedom to choose how and when they work, as well as access to tools and training to help them develop their careers and pursue personalized growth opportunities.
CareRev is a rapidly growing team of nursing leaders, engineers, customer advocates, talent managers, and designers who are all working towards the common goal of creating a more flexible and efficient workforce in healthcare. The company’s mission is to provide facilities and clinicians with staffing solutions that enable them to adapt to changing demands and provide the best possible care for their patients. By supporting the growth and development of healthcare professionals, CareRev is helping to create a more sustainable and effective healthcare system.
Modern Fertility
Modern Fertility is a reproductive health company that is committed to making personalized fertility information more accessible. To achieve this goal, the company offers a range of fertility hormone essentials, including at-home tests, digital tools, and an online community for women, whether they are trying to have children or not.
The goal of Modern Fertility is to empower individuals to make informed decisions about their reproductive health and to give them more agency over their bodies and their futures. By providing comprehensive resources and support, Modern Fertility helps individuals understand their fertility hormones and make informed choices about their reproductive health, now and in the future.
Novoic
Novoic uses AI to detect subtle cognitive impairment and Alzheimer’s neuropathology based on how people speak. The company is focused on scaling access to early detection of Alzheimer’s disease, which is an important factor in effective treatment. By using speech-based testing, Novovic aims to provide scalable access to early detection for anyone. The company is collaborating with the Alzheimer’s Disease Neuroimaging Initiative and more than 50 medical centers to support early detection in underserved communities.
Novoic’s audio-verbal assessment is a fully automated experience that has been tested on thousands of users. It is a self-assessment tool that is easy to use and has proven to be effective. In addition, the company’s speech-based tests are the first to successfully predict amyloid PET positivity, with performance that is comparable to plasma tests.
Hinge Health
Hinge Health is pioneering the development of the most patient-centered digital musculoskeletal (MSK) clinic in the world. Its innovative solutions have been chosen by a large majority of employers and health plans that offer digital MSK solutions. The company’s approach to MSK care combines advanced wearable sensors and computer vision technology with a comprehensive clinical care team of doctors of physical therapy, physicians, and board-certified health coaches.
The Hinge Health digital MSK clinic is connected with over 750,000 in-person providers and enables real-time interventions that have been shown to reduce medical claims. The company is committed to providing patients with high-quality, personalized care that is designed to help them achieve optimal health and well-being.
Read more:
6 Health Startups to Follow this 2023