Colorado’s got its head in the healthtech game, with organizations like Catalyst HTI preparing to bring private enterprise, government, nonprofit and academic organizations together in order to revolutionize healthcare.
And while many of Colorado’s top healthtech companies are new to the scene, we’ve also got some companies that continue to make an impact on the industry, decades after getting their start.
We've rounded up 11 promising healthtech players — both new and old — shaking up this rapidly-changing landscape.
What they do: Global Healthcare Exchange (GHX) helps healthcare organizations save money and provide better care through cloud-based technology. GHX’s solutions include supply chain optimization, business intelligence implementation and compliance training.
What they do: NextHealth’s enterprise SaaS platform works by analyzing which members of a healthcare plan have high costs associated with them and finding ways to “nudge” them toward smarter or lower-cost choices. NextHealth’s platform then measures the outcome to optimize for future consumer interactions.
Funding: $9.5 million
What they do: Healthgrades’ mission is to ensure people have access to information about medical care. The site initially focused on hospital ratings but has expanded to include patient-sourced reviews of providers and a feature allowing patients to search for providers based on factors like specialty and procedures.
Funding: $18 million
What they do: OrthoFi helps orthodontists grow their businesses and simplify their lives. Their software and service solution works with orthodontists’ practices to pull in new patients and manages insurance, along with patient processing and collection. From the consumer side, OrthoFi helps patients find orthodontists based on skill, specialty and experience — and it gives consumers the power to create payment plans to fit their budgets.
Funding: $3.7 million
What they do: iTriage and its sister company WellMatch seek to provide patients with cost transparency and information to help them decide what level of care they need. They focus on making it easy to know how much certain provider visits and procedures will cost — and whether those visits or procedures are necessary in the first place.
Funding: Acquired by Aetna in 2011; had raised a $3 million Series A in 2010
What they do: With more than 1,200 members, Prime Health’s goal is to stimulate the local digital health ecosystem. They’ve developed a process with which to qualify, test and assist their member companies in the development of new innovations while helping to integrate them into the healthcare delivery system. They also partner with larger organizations to plan events, summits, bootcamps and challenges all designed to support Colorado’s digital health community.
Funding: Members have raised more than $34 million
What they do: C3LX focuses on encouraging patients to choose healthy behaviors in order to prevent disease and illness. Their mobile app tackles prediabetes prevention, walking consumers through important behavioral changes while taking psychological, social and behavioral factors into account. Users have access to gamified challenges, integrations with tools like Fitbit and a supportive community.
What they do: Welltok works with health insurance companies to incentivize consumers to make healthier choices. Their CaféWell platform gives patients the ability to set goals, and then offers them customized guidance so they can achieve those goals.
Funding: $192 million
What they do: mimi helps people find local assisted living care homes for their parents, grandparents or other family members in as little as 24 hours. mimi’s online platform gives care homes the ability to market their services and control their consumer pipelines with real-time inventory and a feature called Care Match, which makes sure families are only shown homes capable of handling their loved one’s needs.
What they do: Aventura uses situational awareness to create a personalized desktop that makes it easier for clinicians to enter and access data. Their platform also works with Electronic Health Record (EHR) programs and other third-party apps, all while keeping patient and secure.
Funding: $38 million
What they do: Graduates of both the Stanford Ignite Program and Techstars Boulder, Orderly Health’s platform uses natural language processing to make it easier for patients to understand their healthcare costs. Patients can text Orderly Health questions related to issues like account and deductible balances, the location of in-network providers and the cost of medications. Employers connect the platform to the company’s health plans so it has the most up-to-date information.
Photos via company websites and social media.