11 HealthTech Startups to Watch for in 2023

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Innovative HealthTech Startups to Watch for

HealthTech startups are an innovative and exciting way to address the challenging health issues of today. With the help of cutting-edge technology, these startups are working on solutions that can revolutionize healthcare delivery, improve access to care, and reduce costs for consumers.

HealthTech companies strive to create products and services that can advance medical research, improve patient care, and ultimately, save lives.

From the development of wearable medical devices to new telemedicine technologies, HealthTech startups are utilizing a variety of innovative solutions to help address health concerns.

These solutions range from artificial intelligence (AI) powered healthcare chatbots to mobile applications that provide real-time updates on patient care.

Check out interviews with HealthTech founders and other impact founders around the world. Subscribe to the Disruptors for GOOD podcast.

By using these innovative products, healthcare providers and patients can gain access to more efficient and cost-effective treatments.

In addition to providing patient care solutions, HealthTech startups are also utilizing their technological capabilities to create smarter diagnostic tools.

With the help of advanced analytics, these companies are developing systems that can identify patterns in medical data that may lead to earlier detection of diseases and other medical conditions.

Moreover, they are using their knowledge and expertise to develop new products that can help improve healthcare delivery, reduce costs, and make clinical decisions more accurate.

Finally, HealthTech startups are playing a major role in promoting the sharing of health data between providers. With the proliferation of connected health devices, these companies are helping to bridge the gap between providers, patients, and research institutions.

By sharing health data securely, these startups are helping to improve accuracy in diagnosis and treatment, while also providing healthcare professionals with more comprehensive insights into patient outcomes.

Peachy

Innovative HealthTech Startups to Watch for - Peachy Patients

The easiest way to save money on medical bills. Pay all of your medical bills in one place, earn cash-back on every dollar spent, and feel confident you’re paying the correct (and fair!) price every time.

Too many patients overpay for healthcare because of billing errors and inflated charges. Peachy review bills to make sure you are paying fair and accurate prices. If not, a Peachy Pal can negotiate on your behalf to get the savings you deserve.

Ophelia

Ophelia

Ophelia’s mission is to provide the best opioid addiction treatment without the baggage of rehab. They’re driven by science and committed to privacy. Above all, they believe in recommendations, not orders.

Evidence-based, accessible, and judgment-free approach to opioid use disorder—right in the privacy of your home.

How it works?

Suboxone is a combination medication of Buprenorphine and Naloxone. It’s a partial opioid that binds to the same receptors in the brain as traditional opioids and reduces cravings and withdrawal symptoms but does not produce the same “high” at a therapeutic dosage, so you can feel physically healthy and remain clear-headed all day.

Metriport

Metriport

Metriport is a universal API for Healthcare data. Metriport helps digital health companies access and manage health and medical data, through a single open source API.

With Metriport you can easily connect to your users’ wearables, RPM devices, and mHealth apps, through a single standardized API.

The Metriport technology is open source, meaning you get the best-in-class security, community, and development speed out-of-the-box. The startup is on a mission to turbocharge digital health companies, for a fraction of the cost of the slow and proprietary alternatives in the space.

Malama Health

Malama Health

Malama enables HIPAA-compliant remote monitoring of diabetes in pregnancy, a condition that affects nearly 1 in 5 women. The platforms aims to lower C-section and preterm birth rates by making it easy for patients and providers to track glucose and meal data.

The platform launched in August 2022 and signed 5 pilot partners including Stanford Hospital and Santa Clara Valley Medical in two weeks, and have a pipeline of 30 more. Malama is backed by the Stanford d.school, Y Combinator (S22), Alpine Investors and more.

Brave Health

Brave Health

Brave Health is on a mission to expand access to high-quality, affordable care for behavioral health conditions. The company uses tele-health to make treatment available to more people, when and where they need it.

They are a licensed Medicaid + Medicare provider and accept most insurance plans, with the goal of reducing cost as a barrier for people seeking help.

PneumaHealth

PneumaHealth

Pneuma is consolidating healthcare in Africa through a digitally connected healthcare data and service ecosystem.

Their mission is to enable healthcare for every African by democratizing healthcare technology for patients, developers and providers; making it easier to deliver quality and affordable healthcare.

Reliance Health

Reliance Health

Reliance Health uses technology to make healthcare accessible and affordable for emerging markets.

Through an integrated approach that includes affordable health insurance, telemedicine and a combination of partner and proprietary healthcare facilities, Reliance Health offers innovative healthcare solutions that meet the needs of emerging markets.

Violet

Violet

Violet on a mission to build health equity. The company envisions a world where every human receives equitable health care, no matter their race, sexual orientation, gender, ability, language, citizenship, or more.

Medical racism. Severe distrust in medical providers. Misdiagnoses. Lack of access to coverage. These are just a few barriers culturally diverse patients face. That’s why Violet was built.

Klarah

Klarah

Klarah helps people in the diaspora provide quality healthcare to their loved ones in Africa. Over $25B in remittances to Africa is spent on medical bills annually.

Hospitals remain severely underfunded, overcrowded and inconveniently inaccessible. At Klarah, they enable experienced nurses to be able to care for patients in their homes through the use of mobile applications and multisided dashboards.

Klarah is building the Uber for nurses in Africa.

Relay

Relay

Relay is an app that helps people overcome addiction through peer support and accountability – starting with pornography addiction. It’s like if Alcoholics Anonymous were invented in 2022.

For example, when someone is struggling in isolation, Relay matches them with 3-7 other peers with the same challenge, makes it easy to reach out for help when vulnerable, and enables change through shame-free accountability and facilitated connection.

Reviving Mind

Reviving Mind

Navigating chronic illness is an isolating and lonely process which ultimately reduces medical adherence and adversely impacts outcomes. There are over 100 deadly chronic conditions as 1 out of 2 Americans is currently living with at least 1 chronic condition.

Reviving Mind is an in-network tele-health provider that improves clinical outcomes and program adherence for the senior medicare and medicare-advantage population that is plagued with loneliness and chronic illness.

This is done through a novel and proprietary clinical program and technology platform that integrates virtual, private, curated, and professionally led groups that scale up to 8-patients with individualized and goal oriented lifestyle medicine coaching that is automated but managed by a licensed provider.

In conclusion, HealthTech startups are revolutionizing the way we deliver healthcare services. With the help of cutting-edge technology, these companies are creating innovative solutions that can enhance patient care, reduce costs, and improve overall outcomes. Ultimately, HealthTech startups have the potential to revolutionize healthcare delivery around the world.

This brief provides a general overview of HealthTech startups and their impact on healthcare delivery. It is intended as a starting point for further research into this exciting and rapidly evolving field. As always, it is important to consult with a healthcare professional before making any decisions about your health or the healthcare options available to you.

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