Success Stories
BOSS Medical, LLC
BOSS Medical LLC was founded in 2011 by biomedical engineers from the Johns Hopkins Center for Bioengineering Innovation and Design as well as leading spinal surgeons from the Johns Hopkins Medical Institute. The Company was established with the mission of developing better orthopaedic spinal solutions that improve clinical outcomes while decreasing healthcare costs compared to current procedures and devices. We are a passionate team of entrepreneurs dedicated to commercializing our technologies in order to improve the lives of our patients.
Health Recovery Solutions
Jarrett Bauer reports that his team has not stopped working since the JHU Business Plan competition. They changed the name from Basic Health to Health Recovery Solutions shortly after the competition. "The Business Plan Competition was really amazing experience and I loved that Business Plan class too" states Jarret Bauer..
Health Recovery Solutions provide hospitals with an early warning system to prevent HF readmissions. CNN Money described their solution best:
“Health Recovery Solutions helps hospitals reduce congestive heart failure re-admissions. A 250-bed hospital can lose $250K or more in Medicare payments if it is not able to maintain an acceptable CHF readmission rate in 2012. HRS provides a care management service that scores patients on their re-admission risk daily and intervenes when necessary. HRS provides a software platform on tablets that patients take home with them from the hospital and trained health coaches and nurses that intervene with patients when needed.”- CNN Money
Articles and news broadcasts about Health Recovery Solutions:
1) http://medcitynews.com/2012/09/early-warning-system-for-providers-could-reduce-patient-re-admissions-for-heart-failure/
2) http://gigaom.com/2012/07/19/meet-health-tech-accelerator-blueprint-healths-new-class-of-startups/
3) Health Recovery Solutions on Fox Business
To learn more about Health Recovery Solutions, please visit their website at: http://www.healthrecoverysolutions.com/
MAGPIE SENSING
In 2011, three Johns Hopkins University undergraduates, Thomas Smith, Robert Douglas and Brendan Ebers entered the JHU Business Plan Competition. Their company, Magpie Sensing, took home 1st place in the General Business category. Almost two years later, Magpie Sensing now includes JHU Alumni Jon Smalletz and Amy Smith, and analytics intern Sinan Ozdemir. Magpie Sensing is currently beta testing with Johns Hopkins University, the University of Maryland and the Maryland Department of Health and Mental Hygiene.
Magpie Sensing is a healthcare analytics company that helps doctors and researchers safeguard their temperature sensitive vaccines, thereby saving money, time and lives. We provide a suite of cold chain monitoring and analysis technologies for the healthcare industry. Our shippable, wireless temperature and humidity monitor provides real-time, location aware tracking of cold chain products during shipment. Our real-time, fixed location monitoring device then safeguards products from their arrival at a lab or clinic until the moment of use. At the core of Magpie Sensing's solutions are rich analytics algorithms which leverage data from our monitoring devices to improve cold chain processes and predict cold storage problems before they occur. Please visit http://magpiesensing.com for more information or to signup for updates
RehabSolutions
RehabSolutions is a stealth-mode medical device company. RehabSolutions aims to develop a low-cost and effective rehabilitation therapy for millions of patients who suffer from stroke and need physical rehabilitation. RehabSolutions (formerly Stroke Solutions) won the 3rd prize in the social enterprise track of Johns Hopkins University Business Plan Competition. Since then, it has been under rapid development and right now it is in the process of designing version-2.0 prototype.
In order to fund the company further, RehabSolutions has successfully applied and been awarded a National Collegiate Inventor and Innovation Alliance (NCIIA) Advanced E-team Grant and the founding team members were invited to train the VentureLab workshops held by NCIIA. Right now RehabSolutions is in the middle of incorporation and official company registration.
