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UPDATE: Tallwave Kicks-off Global Entrepreneurship Week With High Tide for Healthcare IT Startup Competition and Innovation Search


November 19, 2013 - SCOTTSDALE, AZ

Joining participants across the entrepreneurship spectrum in celebration of Global Entrepreneurship Week (GEW) November 18-24, Tallwave today announced the kick-off of its High Tide for Healthcare IT startup competition and innovation search. From a pool of over 110 applicants from across the country, 11 consumer and B2B healthcare entrepreneurs seeking to disrupt healthcare as we know it were selected by Tallwave and its world-class board of High Tide for Healthcare IT advisors to advance through the leading lean business competition.

GEW inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. As a "commercializor" and venture development firm, Tallwave is known for its ability to build value for startups and help them grow rapidly, while minimizing risk for entrepreneurs and their investors.

Since first announcing its High Tide for Healthcare IT program, Tallwave has been in close discussions with global healthcare brands like Mayo Clinic, Humana and Phoenix Children's Hospital, and dedicated healthcare businesses inside companies like Citibank, GE and IBM, who are closely aligned with the program's goals of nurturing innovators who launch startups that bring ideas to life, drive economic growth and solve real-world healthcare issues.

"Synchronizing our healthcare vertical High Tide program with industry advisors and supporters of healthcare IT innovation and job creation was a natural fit," said Donna Kent, senior vice president, Venture Development for Tallwave. "Tallwave's High Tide for Healthcare IT program has built a smart-and-targeted network with partners and investors whose interests are specifically focused in development of early stage healthcare IT companies. This program is our way of showcasing entrepreneurs in a critical industry during a time of year when global entrepreneurship is center stage."

The next generation of Healthcare technology companies was ushered in at a special event held November 15 at Kerr Cultural Center in Scottsdale, Arizona presented by NextCare Urgent Care. The event included a keynote speech by John Julian, CEO of Nextcare and Tallwave High Tide for Healthcare IT advisor, as well as remarks by the honorable Mayor W.J. "Jim" Lane of Scottsdale, Arizona. Like Tallwave's High Tide for Healthcare IT program, Scottsdale's recently announced Cure Corridor initiative seeks to drive more healthcare business development in the region that will drive economic growth and improve human welfare.

Tallwave High Tide for Healthcare IT Program Participants are:

  • Dental Cloud 9, Buckeye, Arizona, integrates with existing medical software and fills gaps to offer a comprehensive dental practice management solution for desktop, tablet and mobile.
  • ErrorTec, Carefree, Arizona, provides a telemedicine solution for medication administration using near field communication that eliminates errors, monitors patient vitals, and communicates with the patient's physician.
  • INSPIRE, Fairfax, Virginia, provides a respiratory monitoring device with a unique algorithm that allows for early detection of child pneumonia.
  • Health Options Worldwide, Somerset, New Jersey, uses behavioral psychology to increase employee engagement with health plans and reduce reactive care spend.
  • Imanin, Tempe, Arizona, provides physicians with a quick and easy to interpret solution for the reading of the carotid intima-media thickness (CIMT) predictive tests used to detect and prevent cardio vascular disease.
  • ProNex, Deer Park, Illinois, offers EMR-type software for obesity management, lifestyle modification and other co-morbidities that enable cost-effective treatment and management for patients and doctors.
  • Performance 3D, Scottsdale, Arizona, provides 3D motion capture and analysis technology that improves fitness performance and reduces the risk of injury.
  • Sleep Evolution, Florence, Arizona, provides a web-based sleep apnea disease process management system that allows for more effective and cheaper treatment.
  • Triage Now, Gilbert, Arizona, provides telemedicine support for employers to appropriately triage workplace injuries, prevent over-treatment, and speed up creation and filing of compliance paperwork.
  • Nightingale Apps, Boston, Massachusetts, improves communication during shift changes amongst nurses in hospital settings, allowing them to better know their patients.
  • Willowglade Technologies, Trabuco Canyon, California, provides a personalized patient experience for cancer patients and their families, caregivers, and friends by integrating all aspects of treatment into a mobile app.

"I was truly impressed with the caliber of all the applicants, representing healthcare entrepreneurs from throughout North America," said Julian. "Not only are they all innovative, they have convincingly demonstrated viable business models that can be validated and accelerated through Tallwave's High Tide program."

The Tallwave Commercialization Fund (the Fund) funds $450,000 in services and cash to select participants who advance through the six month program. These entrepreneurs and their startups proceed through rigorous validation, acceleration and commercialization bootcamps, move-the-needle competitions and local, regional and national investor pitches in "pass/fail" scenarios.

Tallwave extends its appreciation to High Tide for Healthcare IT sponsors and community partners that were also recognized at the kick-off event:

Ballard Spahr, BlueCross BlueShield of Arizona, City of Scottsdale, Dignity Health, Ernst & Young, Greater Phoenix Leadership, Infusionsoft, Lovitt & Touche, Newlaw U.S., NextCare, Silicon Valley Bank, Weiss Brown.

About Tallwave:

Tallwave is a commercializor.

Headquartered in Scottsdale, AZ, with offices in San Francisco and Los Angeles, the company creates and maximizes commercial success and shareholder value for entrepreneurs and investors by validating, scaling and managing early-stage and growth ventures with a hands-on approach.

The combination of Tallwave's proprietary lean Business Blueprint™ system for product and company validation, and go to market strategy; its unique Operator Model™ for resource development and management, and the access to pre-seed through series A capital Tallwave makes available, sets the company apart from incubators, accelerators and venture capital firms whose business models limit the range of resources they provide.

For more information about Tallwave, visit www.tallwave.com.

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Media Contact:
Linda Capcara
TechTHiNQ
linda.capcara@techthinq.com
480-229-7090

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