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Tag: INVEST

Why Africa needs to invest in mental health

October 12, 2020
| No Comments
| Community Health

More than 13% of the global burden of disease is due to disorders such as depression, anxiety, schizophrenia and substance abuse. Almost three-quarters of this burden lies in low- and middle-income countries, because of extremely scarce health resources and investment. Many countries allocate less than 1% of the health budget to mental health. Poor or non-existent access to evidence-based care also leads to the need for long-term care and increased costs of care.

The economic burden is also significant. The global cost of lost productivity due to depression and anxiety disorders is an estimated US$1.15 trillion a year. Around 4.7 billion days of productivity are lost.

There is good evidence that these conditions are treatable. But the estimates of people in sub-Saharan Africa receiving treatment are jarring. Only 15% of South Africans with mental health conditions receive treatment. In Ghana and Ethiopia the estimates are less than 10%.

We’ve spent

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A debate on reimagining health insurance: Video from MedCity Invest Digital Health

October 2, 2020
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| Health Benefits

The INVEST Digital Health Virtual conference, held in partnership with healthcare industry association Medical Alley, included conversations spanning behavioral health, the future of health insurance and how hospitals are addressing the pandemic.

We recorded each session and now you can check it out on video!

The latest installment focuses on the future of health insurance in the panel: VC Versus Entrepreneur: A Debate on How the Future of Health Insurance Can Be Reimagined

In this debate, an entrepreneur argues that consumers are ready to be active healthcare consumers, and better insurance design – one that illuminates treatment options with clear prices so consumers know the cost upfront and can make better decisions in advance of care – is the way to get there. A venture capitalist maintains that the world of insurance is indeed so complicated that no amount of improved design will do and that consumers need advocates to

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And the winners of INVEST Digital Health Virtual Pitch Perfect contest are…..

September 28, 2020
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| Health Benefits

The INVEST Digital Health conference Pitch Perfect competition from September 21-25 had some intense competition between the healthcare startup participants. In all, 20 companies took part in the contest which spotlighted startups in the following categories: Chronic Conditions and Value-Based Care; Tech to Improve Payer/Provider Efficiency; Employee Benefits; and Home Health. But after finalizing the judges’ scores, we can now announce the winners across each of the tracks.

Home Health: AireHealth

AireHealth is a virtual respiratory care company offering an in-home solution for at-risk, vulnerable, respiratory populations that can significantly improve outcomes, lower costs and reduce hospitalizations.

CEO: Stacie Ruth

Headquarters: Winter Park, FL

Judges: Cheryl Cheng, General Partner, BlueRun Ventures; Austin Duke, Ph.D., Senior Venture Associate, UnityPoint Health Ventures; Marlon Evans, CEO, Nex Cubed


Chronic Disease and Value-based Care: Limbix

Limbix is building prescription digital therapeutics to treat adolescent mental health disorders. Its first product, Limbix Spark, is an

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Today at INVEST Digital Health Day 5: Employee benefits startups present to investor judges (UPDATED)

September 27, 2020
| No Comments
| Health Benefits

Finish line ahead

Today is the final day of MedCity INVEST Digital Health virtual and once again the Pitch Perfect competition for startups is the main event. It includes startups across four tracks of digital health. Today’s track is employee benefits.

Click here to see agenda for the week. Register here.

The conference resumes at 12:30 pm ET and ends at 2 pm ET.

The companies in the employee benefits track include:

Beyond Lucid Technologies is the company behind the MEDIVIEW platform electronic patient care record (ePCR) platform, and MEDIVIEW BEACON Prehospital Health Information Exchange, which connects Mobile Medical agencies with ~200 hospitals and public health systems to date — in real time, for the first time — including for COVID-19 contact tracing / crew exposure tracking.

CEO: Jonathon Feit

Headquarters: Concord, CA

CareTribe is an AI powered digital platform that supports the dynamic needs of family caregivers and their loved ones.

CEO:

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