Magnolia Reporter: Consortium Announces Health Care Innovation Developers

Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences (UAMS) and BioVentures announced Tuesday the six companies selected to participate in the 2018 Health InnovatAR health care accelerator program. Magnolia Reporter

Arkansas Money and Politics: Healthcare Accelerator Selects Six Startups for 2018 Program

Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences (UAMS) and BioVentures today announced the six companies selected to participate in the 2018 Health InnovatAR healthcare accelerator program, which is supported in part through a grant from the Arkansas Economic Development Commission. The selected startups include: Day Zero Diagnostics (Boston, MA); Ejenta (San Francisco, CA); ExplORer Surgical (Chicago, IL);Lapovations (Fayetteville, AR); Macro-eyes (Seattle, WA); and Medical Informatics Corp (Houston, TX). Arkansas Money and Politics

Northwest Arkansas Democrat-Gazette: UA Startup Chosen For Accelerator Spot

A University of Arkansas, Fayetteville startup company is one of six chosen to participate in the Health InnovatAR health care accelerator program.

Lapovations LLC recently won the graduate division of the annual Governor's Cup competition. In all, Lapovations has won five business-plan competitions, finished second in two others and won $300,000.

Lapovations is developing a noninvasive alternative for lifting the abdominal wall in laparoscopic surgeries.

The other health care startups in the program are Day Zero Diagnostics of Boston, Ejenta of San Francisco, ExplORer Surgical of Chicago, Macro-eyes of Seattle and Medical Informatics Corp. of Houston.

The six companies were selected from hundreds of applicants from 20 countries.

The announcement was made Monday at Arkansas Heart Hospital. Other partners in the program are the University of Arkansas for Medical Sciences and BioVentures. Winrock International is administrating the program.

NWA Democrat-Gazette

Arkansas Business: Health InnovatAR Accelerator Participants Announced

Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences and BioVentures hosted a reception at AHH in Little Rock late Monday to announce the six startups that have been selected to participate in the inaugural Health InnovatAR health care accelerator. Arkansas Business

Health InnovatAR Healthcare Accelerator Announces Six Startups Selected for 2018 Program

Accomplished Collection of Early Stage Healthcare Companies Begin Work in Arkansas

LITTLE ROCK, Ark. — June 5, 2018 — Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences (UAMS) and BioVentures today announced the six companies selected to participate in the 2018 Health InnovatAR healthcare accelerator program, which is supported in part through a grant from the Arkansas Economic Development Commission. The selected startups include: Day Zero Diagnostics (Boston, MA); Ejenta (San Francisco, CA); ExplORer Surgical (Chicago, IL); Lapovations (Fayetteville, AR); Macro-eyes (Seattle, WA); and Medical Informatics Corp (Houston, TX). 

The announcement was held at the Arkansas Heart Hospital with a welcome from Dr. Bruce Murphy, followed by a message from Governor Asa Hutchinson and short presentations from each of the six companies in the cohort. 

The six companies were selected from hundreds of applicants across 20 different countries and are based in the foremost healthcare innovation capitals across the U.S. The strength of this cohort is evident in the fact that these companies already have 46 full-time employees and have raised over $15 million of external capital. 

“The hospital involvement from Arkansas Heart Hospital and UAMS in this accelerator program is immersive and intensive, setting it apart from other healthcare accelerator programs in the country,” said Health InnovatAR director Jeff Stinson, a member of Winrock International’s Innovate Arkansas team. “This unfettered hospital access has allowed us to attract exceptionally accomplished companies to the program. The disruptive technologies these six companies bring to our hospital partners will help Arkansas Heart Hospital and UAMS continue their commitment to innovation and to deliver the highest quality care possible.” 

Participating in a five-month program, the cohort will build solutions to challenges specifically identified by Arkansas Heart Hospital, UAMS and BioVentures as areas of opportunity within their organizations, including digital health platforms, medical devices and diagnostics. Each company will receive seed investment as well as the development and execution of a custom work plan governing their work with the hospital partners over the next five months. 

The six companies will be in Little Rock to meet mentors and hospital management teams and to begin custom work plans. Throughout the program, companies will be working not just with Health InnovatAR’s hospital partners, but also with subject matter experts in the fields of HIPAA compliance, FDA/regulatory approval, intellectual property law, sales and marketing, and procurement. 

“Arkansas is an emerging world leader in driving innovation in the delivery of healthcare,” said AEDC Executive Director Mike Preston, “and Health InnovatAR provides access to world-class clinical skill and knowledge, and investment capital. By supporting seed investments into start-up companies from across the nation, we are accelerating both growth and innovation in this important sector of our state’s economy.” 

Healthcare is a growing industry for the state, comprising 16 percent of all Arkansas jobs with a 64-percent higher wage rate than the mean wage. In an effort to support this important economic contributor, Health InnovatAR and its partners will also be working with Arkansas-based healthcare startups in parallel with the six cohort companies. 

Day Zero Diagnostics, Boston, MA
Uses genome sequencing and machine learning to modernize infectious disease diagnosis and treatment. 

Ejenta, San Francisco, CA
A platform with remote monitoring and patient engagement applications to improve the lives of patients with chronic health conditions. 

ExplORer Surgical, Chicago, IL
A workflow management tool with an interactive surgical playbook for live use during surgery. 

Lapovations, Fayetteville, AR
A laparoscopic surgery device that uses existing operating room wall suction to lift and hold the abdominal wall more reliably and less invasively than current alternatives. 

Macro-eyes, Seattle, WA
A predictive scheduling application that cuts revenue loss due to no-shows with a seamless add-on to existing scheduling systems. 

Medical Informatics Corp, Houston, TX
A Clinical Intelligence Platform that transforms patient data into actionable information in a single, unified dashboard. 

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ABOUT ARKANSAS ECONOMIC DEVELOPMENT COMMISSION

Created in 1955 to make Arkansas more competitive in the post-World War II era, the Arkansas Economic Development Commission (AEDC) seeks to create economic opportunity by attracting higher-paying jobs, expanding and diversifying local economies in the state, increasing incomes and investment, and generating positive growth throughout The Natural State. Arkansas is a pro-business environment operating leaner, faster and more focused through a streamlined state government designed to act on corporate interests quickly and decisively. 

ABOUT ARKANSAS HEART HOSPITAL

Arkansas Heart Hospital (AHH) is a nationally recognized and award-winning hospital dedicated to the prevention, diagnosis and treatment of cardiovascular disease. AHH offers advanced technology teamed with a highly trained support staff and Arkansas’ leading cardiologists and cardiovascular surgeons. AHH operates a 112-bed hospital, nine catheterization labs, three heart operating suites, and a 24-hour Emergency Center; and, with over 25 clinics statewide, we perform more heart procedures than all hospitals in the state. Arkansas Heart Hospital is also a training center for physicians from all over the world. For more info visit ARHeart.com. 

ABOUT BIOVENTURES

BioVentures is a technology commercialization organization and startup incubator focused on promoting the biomedical technology industry for Arkansas and translating research into products that benefit human health. BioVentures links the healthcare research minds to global markets in order to advance Arkansas’ scientific and economic development. 

ABOUT INNOVATE ARKANSAS

Innovate Arkansas helps scale promising Arkansas technology ventures. Funded by the Arkansas Economic Development Commission and administered by Winrock International, Innovate Arkansas assists technology entrepreneurs in turning startup companies into viable commercial enterprises. As a result of Innovate Arkansas' programming, the state of Arkansas has benefited from the launch of more than 100 startup companies, the creation of more than 600 Arkansas jobs, a sizable $226 million in revenue generated by these growing ventures, and a total of $265 million raised by our clients in private investment, public investment and federal grants. 

ABOUT UAMS

UAMS is the state’s only health sciences university, with colleges of Medicine, Nursing, Pharmacy, Health Professions and Public Health; a graduate school; hospital; northwest Arkansas regional campus; statewide network of regional centers; and seven institutes: the Winthrop P. Rockefeller Cancer Institute, Jackson T. Stephens Spine & Neurosciences Institute, Myeloma Institute, Harvey & Bernice Jones Eye Institute, Psychiatric Research Institute, Donald W. Reynolds Institute on Aging and Translational Research Institute. It is the only adult Level 1 trauma center in the state. UAMS has 2,834 students, 822 medical residents and six dental residents. It is the state’s largest public employer with more than 10,000 employees, including 1,200 physicians who provide care to patients at UAMS, its regional campuses throughout the state, Arkansas Children’s Hospital, the VA Medical Center and Baptist Health. Visit www.uams.edu or www.uamshealth.com. Find us on Facebook, Twitter, YouTube or Instagram. 

ABOUT WINROCK INTERNATIONAL

Winrock is a recognized leader in U.S. and international development with a focus on social, agricultural and environmental issues. Inspired by its namesake, Winthrop Rockefeller, Winrock combines scientific and technical expertise with entrepreneurial innovation to deliver market-based solutions that improve lives around the world. Winrock's mission is to empower the disadvantaged, increase economic opportunity and sustain natural resources across the globe. 

CONTACT
Chris.Hancock@Winrock.org
501-319-2033 

RSVP for the Health InnovatAR Accelerator Kick-Off Reception

Join Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences (UAMS), and BioVentures as we kick off the Health InnovatAR healthcare accelerator with a reception to announce and welcome the new cohort to Little Rock. The reception will be held at the Arkansas Heart Hospital on June 4, 2018 at 5:00 PM with a welcome from Dr. Bruce Murphy, followed by a message from Governor Asa Hutchinson and short presentations from each of the six companies in the cohort.

The reception is free and open to the press and public. Please RSVP here.

For any additional questions, please contact admin@innovatearkansas.org

Daily Record: Local healthcare accelerator aims for lasting economic impact

From both an economic and industry standpoint, Central Arkansas is ripe for healthcare startup companies to call home. In 2016, in conjunction with Baptist Health and Arkansas Blue Cross & Shield, the Arkansas Regional Innovation Hub conducted a healthcare accelerator program called HubX-LifeSciences, designed to support the medical industry and provide economic growth surrounding offshoot companies. Daily Record