Stanford Startups Focus on Health Care
The fall class of startups out of Stanford University demonstrated their products Thursday night at StartX Demo Day. StartX is an accelerator that provides mentorship, workshops and free business resources, like office space in AOL’s Palo Alto offices, to Stanford student founders. Of the nine startups that demoed, five companies aim to tackle problems in health care ― from ensuring that instant messages in the hospital are securely transferred, to making health care costs more transparent. You can click here to watch most of the premieres (some of the companies are still keeping a low profile).
The video below shows Pratik Verma, a Stanford chemistry PhD and founder of AgeTak, explain how his company plans to privacy protect Big Data for health care. AgeTak has already generated over three million dollars in revenue and has worked with UnitedHealthcare and the Centers for Medicare and Medicaid Services on securing data for the Multi-Payer Claims Database, which will support comparative effectiveness research.