Health 2.0 Names Three Companies to Win Challenges and Have Success: AdhereTech, Flatiron Health, and Healthify
Health 2.0 is a wonderful organization that organizes world-class healthcare conferences, performs market research, and organizes industry-sponsored challenges. Here is some information about their latter offering:
[In these challenges] teams to develop technologies to address some of healthcare’s most complex issues. Over 3-6 months teams work on design concepts and prototypes for a variety of challenges sponsored by all types of organizations from charitable foundations to for-profit companies. Final submissions are judged by a panel of industry experts and winners are awarded cash prizes.
In addition to the funding awards, the industry recognition is incredibly valuable for the participants:
It’s not only money that draws teams to these competitions, participants gain validation of their product, publicity and market access. Reflecting on the past few years, we want to share the successes of these challenges.
[AdhereTech has had success] in three Health 2.0 Developer Challenges: the Henry Ford Innovation Challenge, Innovate Health Tech NYC, and Pilot Health Tech 2013 (in which they partnered with Weill Cornell Medical Center). A cause for celebration, they just raised $1.75 million in Series A funding. AdhereTech is currently piloting their product with the Walter Reed National Military Medical Center and [major pharmaceutical companies have already deployed their product.]
We highly recommend all relevant Health 2.0 Challenges to companies in the health-tech space!