Twelve innovative aging care startups will compete in the Startup Pitch Event at the Louisville Innovation Summit, one of the nation’s foremost Aging Care conferences, to be held October 9-11th at the Downtown Marriott in Louisville, Ky. This is the third year for the event, which on October 11th will offer the winner of the contest a cash prize and the potential to mentor with one of the conference’s founding partners, to help with test marketing and business development. The top 12 were chosen from a competitive field of more than 100 entries, event organizers said.
“The contest was able to attract so many startups because Aging Care is becoming an increasingly ‘hot’ sector for investment and entrepreneurial energy,” said Grace Simrall, Chief of Civic Innovation at Louisville Metro Government. “Women over 85 are the nation’s fastest growing demographic, and in the coming decades, there will be double the number of people over the age of 65. This is a global phenomenon, and one that will have a huge impact on society, and on the healthcare system. The entrepreneurs of today see that there are huge business opportunities in creating products and services that help seniors live better. If we can work together, we can provide ways of delivering healthcare more inexpensively and efficiently, in order to help seniors stay healthy, engaged, and independent, for as long as possible. The Louisville Innovation Summit was created to encourage that conversation,” Simrall said.
The conference is presented by some of the largest corporate names in Aging Care and Insurance, including Humana, Delta Dental of Kentucky, Kindred Healthcare, PharMerica, Signature HealthCARE, Trilogy Health Services, LLC, and AARP as well as dozens of other corporate, media and senior association sponsors. That is very much by design, organizers said, so that The Innovation Summit becomes known as the conference that brings industry, investors, entrepreneurs and policy makers together to help address the gaps in Aging Care. With Louisville already boasting the world’s largest number of Aging Care company headquarters, the platform for creating industry innovation was the logical next step.
“There are any number of conferences you can go to where you can hear the latest news in the industry. The Louisville Innovation Summit is designed to bring together large corporations with entrepreneurs to work together, today. We’re thrilled to have so many entries this year, and we hope that we can continue our tradition of having the brightest entrepreneurial minds in the room. That’s how true innovation happens,” said Ali Sareea, Chief Information Officer at Atria Senior Living.
This years finalists for the conference’s Startup Pitch Event include:
Admetsys has developed an artificial pancreas for hospital use that improves health outcomes and health economics through high-tech automation.
BrainCheck allows users to track their brain health so they can check for significant changes and share results with their physicians.
Bullseye Dropper is dedicated to elder patient care by delivering ophthalmic medications with spot-on accuracy, one drop at a time. No more mess, waste or assistance from others, saving millions.
Caregoals facilitates conversations to understand patient preferences, values and beliefs for end of life care. The platform tracks, measures and provides insight from digital patient engagements to align treatment with patient care goals to ensure better end of life outcomes.
Inscope Medical Solutions
Inscope Medical is dedicated to developing low cost, connected medical devices. Our first device is the Inscope Laryngoscope, an innovative technology that optimizes intubation, improving this high-risk procedure’s speed and safety.
Kytera develops an advanced contextual activity monitoring for seniors who live independently. Using a wristband and sensors in the house, Kytera tracks real time changes in routine activity and alerts caregivers when distress is detected.
Liberate Medical manufacturers non-invasive respiratory muscle stimulators to improve the quality and reduce the cost of care for patients with pulmonary disease.
LifeBio delivers a life story and communication platform that improves health outcomes, enhances person-centered care, reduces loneliness, and differentiates providers/payers in competitive markets.
San Francisco, CA
Sensely is the creator of the clinical platform powered by an avatar, equipped with a set of remote diagnostic tools, leveraging natural user interfaces to facilitate patient assessment and provide insights for meaningful follow-up.
The Right Place
The Right Place is a communication solution that empowers hospitals and post-acute providers to match the right patient to the right place of care quickly, efficiently and ensures all stakeholders may track the episode through post-acute discharge with ease.
Vivor empowers healthcare providers to reduce patient out-of-pocket costs with PayRx, financial workflow technology that maximizes the use of copay assistance programs for expensive diseases like cancer.
YGEIA incorporates precision medicine for chronic disease management at home. We provide actionable data at the patient level for personalized treatment, leading to reduced hospital readmission and improved patient outcomes.