Meet the four startups of Hatch Health 2021!
Esmeralda Montas, Nomin Baatarkhuu, Kathy Peng, Jonathan Alvarado Salinas
So many aspects of our lives are centered around convenience, why not healthcare? At Parami, our mission is to make getting a medical checkup as convenient as ordering a Lyft. Our aim is to create, ‘mobile hubs’ where patients would be able to get healthcare check-ups done any time or anywhere. Through our innovative data analytics and integration, we envision a more streamlined and data-driven healthcare system.
Katie Hsia, Racheal Arewa, Rafaela Fajardo, Sophia Gauri, Jonathan Alvarado Salinas
DocuHealth aspires to ease the burden of documentation on physicians and minimize taxing paperwork for patients. The software seeks to create a physician-directed H&P that tailors additional educational material to the patient’s appropriate language and health literacy level by integrating the patient chart into an EHR. By minimizing the time spent on note-taking, DocuHealth hopes to bolster more interpersonal conversations between patients and physicians.
Soryan Kumar, Daniel Chan, Cat Nguyen
With the US Census Bureau projecting that minority groups will make up more than 50% of the US population by 2050, these demographic changes call for increased attention to expanding healthcare access to our diversifying population. Our team aims to increase minority access to healthcare resources by connecting individuals with culturally-competent healthcare providers. We see cultural competency as something greater than just a spoken language: it encompasses an individual’s personal, socioeconomic, and cultural experiences. We envision our solution as an online platform for certifying physician practices as culturally-competent and for helping minority patients find a doctor that they can identify with so that they can receive the highest quality care possible. We are currently working with the Hispanic population of Rhode Island to evaluate what factors they value most in establishing a mutually beneficial relationship with their doctors.
Jack Schaeffer, Eliza Sternlicht
MediCircle addresses the two-sided problem of medical waste and healthcare disparities through pharmaceutical redistribution. Through our partnerships with specialty pharmacies and insurance companies, we collect leftover cancer medication. Once the medication arrives at our facility, our team of pharmacists, through the help of our FDA-supported technology, perform quality assurance measures and certify the medication. The medication is then redistributed to financially burdened patients, free of charge.
Responses to "How do you envision the healthcare landscape evolving in the next 50 years?"
"We lived in an age of unprecedented technological advancement. However, this advancement has yet to diffused into the healthcare field. As it stands, the healthcare industry has seen about a seventeen year lag in technological adaption compare to other industry. That said, within the next fifty years, I believe that the powers of technology will help make healthcare more accessible and integrated into our daily lives. It would also bring data-driven early-detection and prevention to the forefront of care and have people become active participants in understanding the care they received. In short, I envision a revolution where problems such as affordability, accessibility and patient literacy are going to addressed."
"Healthcare in the United States is an incredibly complex and expensive industry that is dominated by opposing incentives. With a shift towards value-based care over traditional fee-for-service, there is hope that the growth rate for medical expenditures will diminish. Of course, novel technology will continue to be developed due to financial incentives, which will add to overall healthcare costs. The interests of patients must remain the focus of healthcare, and the rising prevalence of preventive and holistic medicine will help with the general population health. Unless major reforms in education or payment systems occur, healthcare is likely to still be dominated by specialty medicine rather than primary care, which will also continue to contribute to high expenditures."
"The healthcare industry must reform to become more efficient. While the United States spends the most on healthcare per capita, we also have the highest burden of chronic disease and poor population health outcomes. The fragmented nature of healthcare is not sustainable, especially considering the rising average population age. Stakeholders will be forced to wake up to the massive amount of waste produced. In addition, the inefficiencies present within systems such as organ donations and electronic health records will have to be fixed. Value-based care will become a standard in the industry to reduce costs and align incentives. Overall, the healthcare changes will be geared towards increasing efficiencies and reducing costs without diminishing quality of care, whether that occurs through market consolidation or a public payer system."
"I envision the healthcare landscape will change primarily through the empowerment and mobilization of underrepresented minorities who will begin to repeat historical trends of advocating for their right to quality affordable healthcare in a modern context. This mobilization and awareness of discrepancies in health services and outcomes will affect all aspects of the provision of healthcare services, from the development of non-discriminatory technologies to the roll out of new legislation. Ultimately changing demographics and increasing awareness of the intersection between identity and health will inform how health is viewed and the ways in which equity in the field manifests itself."
"I anticipate that human factors will become increasingly more pertinent to entrepreneurs entering the healthcare industry. The market for healthcare, especially in the United States, has a stigma of prioritizing profitability over people. This emanates from a history of mistrust between the American public and its healthcare systems. Healthcare industries need to acknowledge that solving people's unmet need requires industries to humanize those it wishes to serve. This is the understanding that more entrepreneurs are adopting as they enter the healthcare landscape."
"I envision the healthcare landscape to become one in which patients are able to take a more personalized approach to their care. I believe that patients will be able to have more direct involvement over their own health and be able to take preventive measures to keep themselves healthy and prevent diseases. I believe that technology will play a large role in not only facilitating these changes but also helping to advance the treatment of such diseases. I think that tools like AI for radiology and telemedicine will become commonplace. I also believe that technology will help in combating doctor burnout and improving the doctor-patient relationship. I am very optimistic that the evolution of the healthcare landscape will bring much-needed change and benefits for the healthcare industry as a whole."
"I would like to see healthcare become more equitable and accessible in the future. More and more people are beginning to rally around the idea that healthcare is a fundamental right, and I hope that we build off this momentum to make strides in healthcare improvement. My team and I are playing a small role in this movement to extend the scope of healthcare to high-need communities, such as the uninsured, underserved, and minority groups. I hope that our work can add meaningful progress to the field of healthcare innovation and bring quality care to people who need it the most."
"I envision the healthcare field to be much more personalized with some of today’s toughest challenges addressed through technological innovation. From rising healthcare costs to improving patient care, I believe opening the healthcare sector up to interdisciplinary ideas and approaches is required for tackling outstanding healthcare issues. As the pandemic over the past year has exacerbated inefficiencies in the healthcare space (especially for underrepresented populations), I see this as an opportunity to improve a field that has traditionally resisted outside change. As our team progresses through Hatch Health, I hope to continue learning from people across different disciplines and work towards creating a more equitable healthcare system."
"I believe the healthcare field will become much more data-driven with providers relying more on unexplored data resources and artificial intelligence for decision-making. As our society progresses closer to the digital age, I anticipate the various players of the healthcare ecosystem consolidating to provide integrated patient-centric care that is geared towards maximizing accessibility. I hope that future strides in healthcare would not only further the technology frontier, but also bring communities together outside of the digital realm. As minorities have been historically overlooked by healthcare solutions, our team hopes to bridge existing communication gaps and build a strong foundation for collaboration."
"I believe digitization and automation will be the key driver for innovation in healthcare for the next 50 years, with the use of autonomous vehicles for checkups, digitalized patient information for disease prediction and prevention, and most importantly, significant cost savings so that quality healthcare can be affordable to everyone."
"In the next 50 years, I hope that there will be some major strides in improving transparency and accessibility within healthcare. Choosing a healthcare provider or insurance plan should not be any more difficult than any other aspect of your life, and I think this can only be done by changing how care is given. Eventually, I think that getting access to a provider should be as convenient as getting takeout, and the care received should run on a value-based, patient- centered approach. There are many innovations currently taking place towards this, including in telehealth tools and 24/7 concierge services, and I think that the healthcare landscape will change dramatically for the better."
"Even though the healthcare landscape grows dramatically every year, I believe that technology becoming more prevalent in our lives will revolutionize the industry in no time. People are quickly becoming more and more accepting of technology in their daily
lives, and I believe that the cooperation between people and technology can lead to extraordinary achievements. Digital technologies are not only transforming medicine
and healthcare by providing more accessible, effective, and affordable solutions, but they are also transforming the healthcare experience by including connectivity apps in their patient care management, like we aimed to do with DocuHelp. Healthcare will not only be relevant when we feel sick, but it will create a new way of life centered around maintaining our wellbeing by accessing our vitals in our phones or smartwatches, and connecting with medical professionals with the tap of a finger."
"I hope that the healthcare landscape transforms to meet the needs of the moment. From examining the interplay of social determinants of health to focusing on preventative medicine, there are so many current issues affecting healthcare in America. I am personally interested in watching how technology transforms the interactions between the patient and the physician. I look forward to a future where workflows are more streamlined and allow the full focus on rest on a patient's health, instead of billing, insurance, or documentation. Overall, I look forward to the changes to come."
Built with Mobirise site themes