By Joyce Deuley
Yesterday, the JBA team attended the opening of the TMCx Accelerator, a partnership between AT&T and the Houston-based Texas Medical Center, and is the latest addition to the Texas Medical Center Innovation Institute. TMCx is a 100,000 square foot facility with state-of-the-art equipment meant to assist disruptive digital health and medical device startups from ideation to commercialization. TMCx offers members office space, operational support, important events and networking opportunities, as well as connections to the press, investors, key stake holders, and industry experts.
Members also have access with over 20 top hospitals, more than $2 billion in funding, cooperation from 10 academic associations and universities, along with access to more than 8 million patient visits annually and 8,000+ hospital beds. Additionally, participating companies will have access to 150 advisors consisting of experts in care delivery, medical research, healthcare executives, and strategic corporate partners. These advisors are there to help companies navigate mission-critical aspects, such as HIPAA/HITECH and FDA regulations, clinical trials, hospital procurement for pilots, as well as fundraising, marketing, and accounting.
At the event, we met with several exciting participants, including companies such as Medical Informatics, CareSet, and 19 Labs. Medical Informatics is transforming patient monitoring by allowing medical professionals to customize patient monitors and better monitor and predict patient health and success via smartphone/tablet screens. CareSet works with Medicare to improve the efficiency in healthcare through data and software, without the liability of PHI. While 19 Labs is bringing sophisticated care into the home via its connected first-aid kit, Gale. Gale has an interactive screen interface that will take you through step-by-step instructions on how to treat anything from bug bites to broken bones, all while keeping track of supplies and will automatically mail supplies as needed.
Like so many of the possibilities that IoT enables, connected health has the ability to completely revolutionize healthcare, from patient-tailored care to breakthroughs in disease management and cures. Unfortunately, how we achieve those possibilities is still being figured out. That’s why leaders like AT&T have taken it upon themselves to fuel transformation through innovation and collaboration with entities like the Texas Medical Center in Houston, bringing us one step closer to making connected health a reality.