Top Seven Digital Health Startups to Watch in 2024

Digital Health & Tech Innovation, brought by BeKey

21 Feb 202403:08

Summary

TLDRThis transcript discusses seven promising digital health startups to watch in 2024 that are leveraging AI and other innovative technologies to transform healthcare. From low-code platforms enabling generative AI healthcare apps to global evidence platforms powered by crowdsourcing, these startups aim to improve areas like emergency response, remote monitoring, data management, pain treatment personalization, and insurance claims automation. With ambitious growth plans and focus areas like commercialization, fundraising, and product development, these seven startups have significant potential to advance healthcare through cutting-edge solutions.

Takeaways

😊 Vantic aims to enable generative AI healthcare apps using sensor data and edge-to-cloud orchestration
😮 Stuff That Works plans to connect 4 million patients' EMR data to improve chronic disease outcomes
🤔 Tanica develops neuromodulation devices to treat chronic pain and plans to expand availability
🔒 Healthedata uses AI and blockchain to create a secure centralized health data repository for patients
📊 Datum automates healthcare data onboarding without coding and plans expansions in 2024
😀 MedSense leverages AI to monitor and visualize pain in real time for personalized treatment
💳 Candid Health offers revenue cycle automation and insurance claims API for healthcare startups
👩‍⚕️ Key digital health startups aim to improve care through generative AI, data interoperability, and automation
🚀 Expansions planned for 2024 include commercialization, partnerships, funding, customers and accessibility
📈 Common goals are to leverage technology to improve outcomes, access, efficacy and economics across healthcare

Q & A

What is Vantic and what are its healthcare goals for 2024?
-Vantic is a low code platform for realtime AI-driven applications that use sensor data and edge to cloud orchestration. In 2024 it aims to grow in healthcare by enabling generative AI applications that can improve emergency response, remote patient monitoring, and hospital workflows.
What is Stuff That Works and what are its plans for the near future?
-Stuff That Works is a global platform for real world evidence on chronic conditions powered by crowdsourcing and AI. In the near future it plans to grow to 4 million patients connected with their EMR data and partner with pharma and philanthropy organizations.
What is Tanica and what is its first FDA cleared product?
-Tanica is a prescribed digital therapeutics company that develops advanced neuromodulation devices for treating idiopathic pain disorders. Its first product Nerio is FDA cleared for the acute and preventive treatment of migraine.
What does Delfi offer and what is its goal for 2024?
-Delfi is a digital health platform that uses AI and blockchain to create a health data repository. Users can store medical data safely and control access. The startup aims to improve the health of 1 billion people by 2024.
What does Datum do and what are its plans for 2024?
-Datum is an AI-driven tool that simplifies data onboarding without coding, particularly in healthcare. Plans for 2024 include fundraising, gaining more customers, and expanding to Google Workspace and Azure marketplaces.
What does Medisense do and what has it achieved recently?
-Medisense is a company leveraging AI to monitor and alleviate pain in real time. Its flagship product BMD-200 personalizes treatment based on pain response visualization. In 2024 with FDA approval, it is focusing on US commercialization.
What is Candid Health's first product?
-Candid Health is a revenue cycle automation platform. Its first product is an API that healthcare startups can use to submit insurance claims.
Which companies plan to partner with pharmaceutical organizations?
-Stuff That Works and Delfi both plan to partner with pharmaceutical organizations - Stuff That Works to provide real world evidence data, and Delfi to improve health outcomes.
Which companies have received FDA clearance recently?
-Tanica received FDA clearance for its Nerio product for treating migraine. Medisense also recently gained FDA approval for its flagship BMD-200 product for critical care pain management.
Which companies are focused on improving accessibility and affordability of healthcare?
-Vantic, Delfi, and Medisense are all working on solutions to make healthcare more accessible and affordable - Vantic through remote monitoring and hospital workflow improvements, Delfi by making data more accessible, and Medisense through personalized pain treatment.

Outlines

00:00

😊 Top 7 Digital Health Startups to Watch in 2024

Paragraph 1 introduces the list of top 7 digital health startups to keep an eye on in 2024. It mentions Vantic, a low code platform for real-time AI-driven healthcare apps; Stuff That Works, a platform for real world evidence on chronic conditions; Tanica, a prescribed digital therapeutics company treating pain disorders; Dealth, a health data platform using AI and blockchain; Datam, a no-code AI-driven data onboarding tool; Medisense, a startup leveraging AI to monitor and alleviate pain; and Candid Health, a revenue cycle automation platform for medical billing.

😊 Vantic - Low Code Platform for AI-Driven Healthcare Apps

Vantic is a low code platform for real-time AI-driven applications in healthcare. In 2024 it aims to grow by enabling generative AI apps that use sensor data and edge-to-cloud orchestration to improve emergency response, remote patient monitoring, and hospital workflows.

Mindmap

Keywords

💡digital health

Digital health refers to the use of technologies like AI, sensors, and cloud computing to improve healthcare and wellness. The video focuses on startups innovating in digital health, like developing generative AI apps that leverage sensor data or crowdsourcing platforms to gather real-world evidence on chronic conditions. Digital health is transforming areas like remote monitoring, hospital workflows, and personalized treatment.

💡low-code platform

A low-code platform provides tools to build software applications with minimal coding. Vantic uses a low-code approach to enable rapid development of AI-powered, sensor-driven health apps without needing advanced programming expertise. This allows innovators to quickly turn ideas into realtime apps that harness data for better emergency response, patient monitoring, etc.

💡generative AI

Generative AI can automatically create new data or content on its own, rather than just analyzing existing data sets. Vantic aims to grow by powering generative AI health apps, like those that can generate insights from medical sensor data to improve workflows.

💡crowdsourcing

Crowdsourcing means gathering data by asking many people to share information. The startup Stuff That Works uses crowdsourcing so patients around the world can share real-world data about their chronic conditions. When combined with AI, this can uncover new insights to inform treatment and policy decisions.

💡digital therapeutics

Digital therapeutics deliver evidence-based therapeutic interventions directly to patients using software programs to prevent, manage, or treat medical disorders. Tanica develops digital therapeutics devices using advanced neuromodulation to treat chronic pain. Their nerve stimulation product, Nerivio, is FDA-cleared to treat migraine.

💡blockchain

A blockchain is a distributed, decentralized ledger or database for securely recording transactions. Healthtech startup haelth uses blockchain to create a personal health data repository so users can control access to their medical records. This aims to improve data privacy and security.

💡data onboarding

Data onboarding refers to the process of importing, validating, and normalizing data from different sources so it can be used by data-driven applications and analytics. Datum automates healthcare data onboarding without any coding, enabling easier use of diverse health data formats.

💡pain visualization

Pain visualization uses technology to graphically depict a patient's pain response in real-time so physicians can better understand and personalize pain treatment. For example, the medisense BMD200 critical care tool visualizes patient pain levels to optimize delivery of medication for relief.

💡revenue cycle automation

Revenue cycle automation uses technology to streamline and simplify the administrative and financial processes in healthcare, like medical billing and coding. Candid Health offers automated solutions to manage insurance claims submission for health startups and providers.

💡API

API stands for Application Programming Interface - it's a software tool that enables two applications to communicate with each other. Candid Health's first product is an API that healthcare startups can integrate to seamlessly submit insurance claims electronically.

Highlights

Vantic is a low code platform for realtime AI-driven healthcare apps using sensor data and edge to cloud orchestration

Vantic aims to grow in healthcare by enabling generative AI applications to improve emergency response, remote patient monitoring and hospital workflows

StuffThatWorks is a global platform for real world evidence on chronic conditions powered by crowdsourcing and AI

StuffThatWorks plans to connect 4 million patients' EMR data and partner with pharma and philanthropy

Tanica develops advanced neuromodulation devices for treating idiopathic pain disorders

Tanica's first product Nerio is FDA cleared for acute and preventive migraine treatment

Tanica plans to expand Nerio availability to more regions in 2024

Dealth uses AI and blockchain to create a health data repository where users control access and earn income

Dealth aims to improve the health of 1 billion people worldwide by end of 2024

Dealth plans to develop a mobile app in 2024

Datam is an AI-driven data onboarding tool for healthcare that automates tasks without coding

Datam plans for 2024 include fundraising, gaining customers and expanding to new platforms

Medisense leverages AI to monitor and alleviate pain in real time

Medisense's product personalizes treatment based on visualized pain response for critical care

With FDA approval, Medisense is now focusing on US commercialization and future product development