“The critical nature of emergency medicine lends itself perfectly to new and better ways of working,” said Tobin Arthur, CEO of AngelMD.
Seattle, WA (PRWEB) November 01, 2017
On October 30th and 31st, 2017, AngelMD hosted a startup pitch event during the American College of Emergency Physicians (ACEP) 2017 Scientific Assembly. The pitch event, which was held as part of the incubatED section of innovatED, highlighting eight early stage healthcare companies from around the United States.
AngelMD is an investment platform and network where physicians and investors have the opportunity to analyze, advise and invest in companies that show high potential for success in the healthcare field. ACEP’s focus on new technologies was an ideal match for AngelMD, and allowed ACEP members unprecedented access to the next generation of healthcare innovators.
“The critical nature of emergency medicine lends itself perfectly to new and better ways of working,” said Tobin Arthur, CEO of AngelMD. “The teams selected to present at ACEP were selected from a much larger field of applicants, and we look forward to working with each of these winners as their companies gain traction in the market.”
Each day, four of the companies had the opportunity to present their ideas to a team of five emergency medicine expert judges, with the audience acting as the sixth judge. The teams were competing for a cash prize from TMCx, the healthcare innovation accelerator arm of the Texas Medical Center, as well as a spot in the center’s 2018 cohort.
The Digital Health winner was EvidenceCare from Nashville, TN. The company focuses on delivering evidence-based protocols to providers and hospitals. EvidenceCare impressed the judges with not only their unique approach to the problem, but also their business acumen.
The Medical Device winner was Forest Devices from Pittsburgh, PA. The company has developed a novel approach to stroke detection called AlphaStroke. The product can detect a stroke in as little as one minute, leading to dramatically reduced effects related to delayed treatment.
Forest Devices is a graduate of TMCx, which opened the door to the third-place finisher in the competition to take the prize of a slot in the 2018 cohort. That honor went to Adroit Surgical. Based out of Oklahoma City, OK, the company has developed a patented method for securing difficult airway openings in emergency medical situations.
“Our relationship with AngelMD was instrumental in pulling together this value-added piece of the annual ACEP conference,” said Sudave Mendiratta, FACEP (Fellow of the Emergency College of Physicians). “For emergency physicians, a spotlight on innovation is an opportunity to look into the future and see what the next generation of healthcare will hold.”
The incubatED pitch event was held as part of a broader relationship between AngelMD and ACEP. The relationship gives ACEP members access to curated news, data, and content related to innovation in emergency medicine.
AngelMD is an investment and networking platform connecting innovative medical startups, physicians, investors, and industry partners. Leading physicians from all over the US have joined AngelMD to help source, evaluate and advise companies in biotechnology, medical device, and healthcare technology. For more information, visit http://www.angelmd.co.