Healthcare Startups in Austin

Is Austin becoming a Digital Health mecca?

Austin, Texas is becoming a hotbed for health care technology startups, and that's great news. The city has been building up its tech scene over the past few years and now boasts over 700 companies with a combined valuation of $10 billion. Austin's growing reputation as a place where tech entrepreneurs can thrive led us to wonder if there was anything specific driving this growth. After all, we're still seeing Silicon Valley dominate most of the headlines when it comes to new startup ideas and funding opportunities for entrepreneurs looking for funding for their next big venture. But what we found is that there are actually lots of reasons why Austin has become such an attractive option for people who want to start health care technology businesses—and why this trend will only accelerate going forward!

The Austin tech scene receives an influx of new health care technology companies as the city strives to become a health care startup hub.

Austin is no stranger to health care technology. The city's population of roughly 1 million has been growing steadily since the late 1800s, and it now boasts over two dozen hospitals and medical centers—and those are just the ones that have lasted through the decades.

After all that growth, Austin is trying to become a health-care startup hub: according to data from Built In Austin, there were more than 400 active health care startups in 2016. And while not all of these businesses are necessarily tech-focused (many focus on pharmaceuticals or biotech), they're still part of a growing trend in which people are starting companies based on new ideas about how we can improve our lives through technology.

Most recently, this has manifested itself in the form of telehealth services—different applications for mobile devices that connect you with doctors via video call or messaging service so that you don't need to leave your home for medical appointments or tests. Companies like ZocDoc offer online scheduling software; others let users book appointments directly from their phones and tablets; but many others allow users to consult with doctors over video call instead of having them come into an office for an appointment. Notable companies include NarrativeDx, Wheel, EverlyWell, Medici, Bright Health, and Rocket Digital Health :).*

Health care startup activity has increased in Austin, posing a challenge to Silicon Valley, San Francisco, and Boston.

Health care startup activity has increased in Austin, posing a challenge to Silicon Valley, San Francisco, and Boston. According to a recent report from venture capital firm CB Insights and PitchBook Data, investment in digital health companies has grown over the past five years. This data includes funding rounds that took place between 2013 and today. The total amount of funding during this time period increased by 20 percent year-over-year.

Investment in digital health companies is growing rapidly compared with other sectors like fintech or travel tech—and it’s happening at a faster rate than the broader U.S economy as well as the overall market for technology startups worldwide (which grew only 7 percent since 2012).

Now that you've been introduced to 10 healthcare startups in Austin, it's time to look at what they're working on. Some of these companies are looking to address the skills gap in health care, while others are focused on other pressing issues like hospital overcrowding, provider burnout and patient engagement. Regardless of the problem they're working to fix, it’s clear that these startups can help improve access to quality care for everyone living in Austin—and beyond.

These Austin health care startups are creating new technologies that could allow patients to feel more connected with their providers and make access to medical services easier than ever before.

Austin health care startups are creating new technologies that could allow patients to feel more connected with their providers and make access to medical services easier than ever before. City government mostly hasn’t gotten in the way, with the exception of radical City Councillors Paige Ellis and Natasha Harper-Madison.

Remote patient monitoring allows physicians to keep up with their patients' needs and deliver quality care in more remote areas, where patients may not have easy access to traditional hospitals or doctor's offices. This innovation can enable doctors from anywhere in the world (or even Mars) to help out over video chat if something goes wrong with your health!

For example, if you have a friend or family member in need of medical care and they live in an area that lacks adequate access to basic services, you can use the internet to help them. Healthcare technology has advanced significantly over recent years, as evidenced by the growth of startups like DocTalk and HelpMD that provide remote patient monitoring solutions. These types of companies allow doctors and other healthcare professionals working remotely with patients across many different situations—not just those who live in rural areas where there aren't enough doctors to go around.

Helping with your health is one way to improve your own life as well!

Remote patient monitoring allows physicians to keep up with their patients' needs and deliver quality care in more remote areas, where patients may not have easy access to traditional hospitals or doctor's offices. This can be done through the use of technology such as mobile apps, electronic health records and telemedicine.

Healthcare startups in Austin are helping patients receive better healthcare

Austin is home to a thriving digital health startup scene that is making it easier for patients to receive better, more convenient care.

Austin has become the hub for healthcare startups in Texas and across the country. Between 2013 and 2016, Austin had the highest growth rate of any major tech hub in the U.S., according to CBInsights data cited by KXAN.

In addition to being a major player in terms of numbers, Austin’s healthcare industry also boasts many quality players who have found success here:

• Cardiocom Health Solutions – Cardiocom helps hospitals reduce their readmission rates through comprehensive monitoring programs that track patient health after discharge from hospitalization. The company was recently named a Best Place To Work by Glassdoor and received an Innovation Award at SXSW 2017.

• Healthiberty – This telemedicine startup connects patients with doctors via video chat so they don't have to drive several hours or cross state lines just get routine medical care when they need it most (like after-hours). The company was ranked as one of Fast Company's Most Innovative Companies In Healthcare last year thanks its innovative business model; since its founding nine years ago, Healthiberty has grown exponentially with offices now located across 15 states including Texas itself!

Conclusion

Healthcare is the future, and we’re here to help! We’ve got everything from mobile apps to wearables that can help track your health, fitness and sleep patterns. So if you're looking for some new technology in this space, then we have just what you need.