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.
Admetsys
Boston, MA
www.admetsys.com
Admetsys has developed an artificial pancreas for hospital use that improves health outcomes and health economics through high-tech automation.
BrainCheck
Houston, TX
www.braincheck.com
BrainCheck allows users to track their brain health so they can check for significant changes and share results with their physicians.
Bullseye Dropper
Covington, KY
www.bullseyedropper.com
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
Philadelphia, PA
www.caregoals.com
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
Louisville, KY
www.inscopemedical.com
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
Rishpon, Israel
www.kyteratech.com
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
Louisville, KY
www.liberatemedical.com
Liberate Medical manufacturers non-invasive respiratory muscle stimulators to improve the quality and reduce the cost of care for patients with pulmonary disease.
LifeBio
Marysville, OH
www.lifebio.com
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.
Sensely
San Francisco, CA
www.sensely.com
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
Houston, TX
therightplace.com
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
Chicago, IL
www.vivor.com
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
Dallas, TX
www.ygeiagroup.com
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.
Careband
Chicago, IL
http://careband.co
CareBand is an innovative, patent-pending all in one safety bracelet for seniors that enables safety and quality of life as their illness progresses as well as peace of mind for caregivers and family members.
LifeAssist
San Francisco, CA
http://www.lat.care
LifeAssist has created innovative yet simple-to-use, connected solutions that promote active and independent living. Our solutions empower seniors to maintain a healthy and engaged lifestyle all the while helping caregivers balance stress, schedules and workload.
The Louisville Innovation Summit is a conference held annually that explores what’s new, important and trending in the Aging Care industry, including digital health, health data, new care models, entrepreneurship and much more.
The event is sponsored by more than 20 contributing sponsors, including Louisville-based Founding Partners, Delta Dental of Kentucky, Humana, Kindred Healthcare, PharMerica, Signature HealthCARE and Trilogy Health Services as well as the following sponsors: AARP, CDW, CareScriptions by Seremedi, Chrysalis Ventures, Cisco, Hall, Render, Killian, Heath & Lyman, HomeHero, Hosparus, Louisville Convention & Visitors Bureau, Louisville Forward, Louisville Metro Government, Masonic Homes of Kentucky, Inc., Norton Health Care, PwC, Southern Grazer’s Wine & Spirits and University of Louisville. Click here for a full list of sponsors
