60 Best Startups in the Digital Health Sector 2022
The Top 10 Digital Health Startups to Watch in 2022
Healthcare systems have been under pressure in recent years; 2022 will see continuous investment in innovative technology to adapt and modernize care delivery methods. The startups highlighted below indicate the major market trends for the upcoming year.
Gaja
The disparities in the healthcare system have come to light as a result of the coronavirus outbreak. The phrase "social determinants of health" (SDoH), which refers to the social and economic factors that influence a variety of health and quality-of-life-related risks and outcomes, has gained popularity. Gaja Health is a virtual-first provider that offers "emerging risk" Medicaid enrollees equitable whole-person care. Their preventative programs are overseen by reputable neighborhood Community Health Workers (CHWs), who coach and support members' top goals while addressing health-related social issues.
An internal team of doctors with a strong understanding of local culture and community relationships works to close any identified gaps in clinical or behavioral health. Gaja Health is creating an agile CHW workforce using conversational AI, machine learning, and specially created software For clients of health plans, more data, better treatment, and lower prices are all priorities.
Gabbi
In the United States, 38,000 women of all ages and ethnicities pass away from breast cancer each year as a result of a delayed diagnosis; this number was computed before the pandemic's impacts could be taken into account. This not only results in the loss of priceless lives but also places a tremendous strain on the hospital system. Additionally, it costs payers $163 billion because of the high cost of healthcare and late diagnoses. Through a community-based, AI-enabled approach to holistic disease assessment and management, Gabbi seeks to address both issues.
In order to offer individualized assessments, custom action plans, and vibrant communities, Gabbi gathers important data. In order to reduce the rate of delayed diagnosis and illness occurrence, Gabbi's purpose is to empower women to understand their bodies, manage their health, and proactively seek the care they require. Beginning with breast cancer, Gabbi will move on to discuss other (treatable) malignancies as well as diseases like endometriosis and polycystic ovarian syndrome that are also preventable.
Prenome
As more and more treatment decisions are based on genetic testing, DNA will play a significant role in healthcare. Through a user-friendly, interactive companion app with research-based support, Prenome analyses genetics and social determinants of health to detect possible women's health issues and assist women in managing their risk. While Prenome intends to address anything from chronic diseases to pregnancy difficulties, they are starting with a prevalent and serious issue: gestational diabetes, the development of diabetes during pregnancy.
Currently, outdated pamphlets, instructions, and diaries are provided to pregnant women with gestational diabetes to track their meals, snacks, and blood sugar levels. Prior to or early in pregnancy, Prenome intends to identify those who are at high risk for gestational diabetes and work with them to prevent the hormonal changes that cause high blood sugar levels.
Drift Bio
The field of genomics faces a significant challenge when it comes to data analysis and the availability of expensive, specialized, difficult-to-find labor to write scripts that can have thousands of lines of code and maintain customized reference datasets. While the field's growing popularity is exciting. Software for swiftly and simply analyzing microbial genomes in the cloud is produced by Drift Biotechnologies. Drift reduces menial duties for businesses that already employ a bioinformatician, allowing them to concentrate on higher-order activities. Additionally, Drift enables businesses using sequencers to expand their product lines into microbiology without investing in new technology.
MajorBoost
It might be tedious and time-consuming to finish a task without a human on the other end because every call center today employs AI to move consumers through the queue. Verifying insurance and answering concerns about benefits and billing are time-consuming processes that enhance patient care for health professionals. In order to help providers perform more efficiently, electronic solutions are required because staff attrition and shortages are at an all-time high. MajorBoost automates insurance phone calls and provides consumers with the necessary information in a handy format.
DeepScribe
Charting is the second significant problem that plagues healthcare professionals. Providers must record the medical appointment, medications, referrals, and next actions in an electronic record whether it is done in person or through telemedicine. DeepScribe employs AI to speed up the process of digitizing medical records while improving the quality of the output. The use of voice technology is anticipated to rise in light of Cerner's plans to expand clinical voice assistants to physicians and the availability of comparable technologies to assist patients with medication reminders, care triaging, and other services via smart home devices. Cerner is a leading provider of electronic health records.
Redi.Health
When patients themselves are working and unable to handle their own care, services are provided during regular business hours where the fax machine still holds sway. These obstacles result in abandoned prescriptions for patients who require additional assistance to get and take their drugs. Redi. health is a health management platform that offers patients who have signed up with pharmaceutical companies simple and effective lifestyle tools to encourage daily participation in their overall health.
Peachy
Despite improvements in accessibility and cultural sensitivity, the healthcare sector still has room for improvement in crucial areas like billing and payments. From the convenience of a smartphone, one may order a taxi, have groceries delivered, and create "buy now, pay later" payment arrangements for retail purchases. Trying to receive, comprehend, and pay a medical bill, though? This is a mess! Peachy makes it quick and simple for patients to pay their medical bills, whether they are paid in full at once or over a period of several months, by utilizing digital, text-delivered bills and automated payment plans. Peachy helps small-to-medium-sized healthcare providers who still mail paper bills to patients to collect patient responsibility payments to do so more effectively.
Dyad
While the healthcare sector continues to struggle with data interoperability, new automation technologies provide vital upgrades for improved cooperation, visibility, and trust in data. Applications from Dyad address administrative complexity, care coordination, and payer-provider workflows by standardizing and contextualizing healthcare operations data in close to real-time. Healthcare automation is also exciting because of the part technology will play in the transition to value-based care models.
Waspito
Patients are now looking for on-demand care without an appointment since they have grown accustomed to telemedicine. At the same time, healthcare professionals are increasingly using social media to offer medical information in user-friendly ways. By doing so, they are developing their personal brands, generating additional money for their practices, and gaining influence. By utilizing cutting-edge telemedicine technology, Waspito is leveraging these trends to improve patient engagement in Africa and expand access to healthcare.
SonderMind
5-year search growth: 1900%
Search growth status: Exploding
Year founded: 2014
Location: Denver, Colorado
Funding: $183M (Series C)
What they do: Using technology, SonderMind connects people with therapists who can best satisfy their unique mental health requirements. Quick matching, scheduling coordination for individuals, administrative capabilities to support therapists in providing care, and patient engagement are all features of their platform. Sean Boyd and Mark Frank, the company's co-founders, founded SonderMind after having firsthand experience with both the patient and therapist sides of a deficient mental healthcare system.
CareRev
5-year search growth: 9400%
Search growth status: Exploding
Year founded: 2015
Location: Los Angeles, CA
Funding: $51.3M (Series A)
What they do: CareRev is an online marketplace that links medical professionals and healthcare institutions. By giving employees the opportunity to select and set their own hours, the solution enables businesses to cut labor expenditures. With more than 30 hospitals and health systems, 500 outpatient facilities, and 11,000 healthcare professionals, the organization generates up to $100 million in revenue annually.
Breathe99
5-year search growth: 99X+
Search growth status: Exploding
Year founded: 2018
Location: Minneapolis, Minnesota
Funding: Undisclosed (Non-equity Assistance)
What they do: The B2 Mask, a stylish, simple-to-wear respirator mask, is produced by Breathe99. The business, whose mask may shield its user from allergens, pollution, and more, has so far only raised money through Kickstarter and philanthropic loans but is aiming for FDA approval. Breathe99 had nearly raised $500,000 on Kickstarter as of this writing.
Meru Health
5-year search growth: 509%
Search growth status: Regular
Year founded: 2016
Location: San Mateo, California
Funding: $53.3M (Grant)
What they do: Meru Health is a healthcare organization that specializes in giving people access to online programs that are backed by individual treatment and support groups. The business introduced a biofeedback gadget in 2019 to teach users how to regulate their breathing. Slack's most recent Series A funding round in 2020 included investments from Y Combinator, Slack, and other parties totaling $8.1M.
Modern Fertility
5-year search growth: 328%
Search growth status: Exploding
Year founded: 2017
Location: San Francisco, California
Funding: $22M (Series A)
What they do: Modern Fertility focuses on the healthcare needs of women, giving them access to fertility testing and reproductive health care that has never before been possible. After seeing the costly and difficult-to-access tools for female fertility testing, co-founders Afton Vechery and Carly Leahy decided to launch their own business. A Series A fundraising round leader from Forerunner Ventures, Kirsten Green, joined the organization's board in 2019, bringing her expertise in building B2C companies including Warby Parker, Glossier, and Dollar Shave Club.
Embleema
5-year search growth: 700%
Search growth status: Peaked
Year founded: 2017
Location: New York City, New York
Funding: $3.7M (Non-Equity Assistance)
What they do: Embleema's secure network provides patients authority over their own medical information, allowing them to share access with medical professionals and researchers and, if they so want, get compensated in cryptocurrencies for it. Pharmacist Group, a provider of healthcare IT, acquired 15% of the blockchain firm in 2019 with the intention of enhancing healthcare choices for their European clientele.
Headspace
5-year search growth: -24%
Search growth status: Peaked
Year founded: 2010
Location: Santa Monica, California
Funding: $215.9M (Secondary Market)
Lark’s
What is health
A complete condition of emotional and physical well-being is referred to as being "healthy." In order to maintain this ideal level of health, people can access healthcare.