New York Digital Health Accelerator acquire portfolio companies within months of graduation
New York Digital Health Accelerator has snapped up a number of portfolio companies, such as Healogram, Nutrify and Off the Scale. Its latest class involves dietary planning for hospitals and data visualisation. It was also involved at the New York eHealth Collaborative's Digital Health Conference in a "Patient Shark Tank."
The New York Digital Health Accelerator has announced the next six startups that will participate in its accelerator program, which is run by the State of New York, nonprofit New York e-Health Collaborative (NYeC), and the Partnership Fund for New York City.

The program runs for four months and during that time, startups receive mentorship, attend workshops, and receive about $100,000 in capital investment.

"With New York State's implementation of new payment models and care delivery mechanisms such as DSRIP [New York's Delivery System Reform Incentive Payment system], the NYDHA serves as an engine of innovation helping to provide the new tools and solutions healthcare professionals need to deliver better patient outcomes, reduce costs, and thrive in this new era of healthcare," New York eHealth Collaborative Executive Director David Whitlinger said in a statement. "In addition to providing our class of companies invaluable mentorship and end user product feedback, the program offers the entrepreneurs access to potential customers and the opportunity to pilot their innovations at New York State’s leading health systems."

Since the accelerator first launched, the 15 startups that have been through the program so far have raised $65 million in additional capital. These startups also created 120 new jobs in New York City. Two of accelerator's graduates, Avado and Remedy Systems, were acquired within six months of graduating.

Here are the six startups in the New York Digital Health Accelerator:

Dorsata has developed a web-based program that allows users to draft, review, distribute, and implement clinical care paths, which can then be accessed by teams of clinicians and nurses.

Healogram helps providers remotely monitor post-surgical and wound care patients using a telemonitoring mobile platform.

iVEDiX offers a tool that aggregates data from different sources so that users can interact with the data, create visualizations, and share it with others.

Nutrify allows clinicians to provide users with recipes via a smartphone app, based on unique nutritional needs, clinical data, medications, and health conditions.

OffTheScale has developed a healthcare management system, which includes an app and an activity tracking device, as well as interaction with peers and coaches. According to the company, the system has been shown to slow, stop, and reverse the progression of chronic diseases through a 12-week customized group intervention program called OTS-4-U.

Wellth has developed a behavior change offering for payors to use with their members. By nudging patients towards evidence-based care options and by motivating and tracking healthy habits, Wellth says payors can measurably improve population quality metrics.