ForaHealthyMe Inc. Among Four Canadian Personal Health Record Systems Recognized as IDC Innovators
by Jason Bremner, Mark Schrutt January 22, 2018
On January 22, 2018, International Data Corporation (IDC) Canada released an IDC Innovators report recognizing four Canadian personal health record startups with revenue under C$100 million.
ForaHealthyMe Inc., along with three other health companies, were named.
IDC selects vendors as IDC Innovators if they offer an innovative new technology, a ground-breaking approach to an existing issue, and/or an interesting new business model in a specific market.
"It is no longer a question of if patients wanted or needed access to their personal health records. Attention has turned to how patients would use this information and who they would share it with. " says Mark Schrutt, Strategic Advisor, Public Sector & Innovation Research at IDC Canada.
The new report, IDC Innovators: Canadian Personal Health Record Startups, 2018 document examines solution providers with revenue of less than $100 million with a product, service, or business model with a specific use case.
About IDC Innovators
IDC Innovators reports present a set of vendors – under $100M in revenue at time of selection – chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. Vendors in the process of being acquired by a larger company may be included in the report provided the acquisition is not finalized at the time of publication of the report.
Vendors funded by venture capital firms may also be included in the report even if the venture capital firm has a financial stake in the vendor's company. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc. For more information about IDC Innovators research, please contact Karen Moser at firstname.lastname@example.org.
To learn more about IDC, please visit www.idc.com
Innovation: Start-Ups in Canadian Healthcare
IDC, a global provider of market intelligence, advisory services,
and events for the information technology, telecommunications,
and consumer technology markets have published a feature entitled - Innovation: Start-Ups in Canadian Healthcare.
They report focused on the opportunities, challenges and experiences of startups in the Canadian Healthcare market.
They interviewed a few startups. ForaHealthyMe was one (...)
"Unfortunately, the current healthcare system cannot get close to meeting the expectations of the digital economy," says Mark Schrutt, strategic advisor, Innovation and Public Sector research. The desire is there. Clinicians and patients alike want to communicate together as patients progress through the cycle of care. Hospitals also want to tap into the innovation community.
The report summarizes, there is a tremendous gap between the way healthcare sees research the way startups are transforming and disrupting other industries.
Nothing is quick in healthcare and a zero-defects mentality shapes current thinking.
Extract - Many of the research projects academic and research hospitals work on are initiated by the hospital ' s staff: physicians or scientists. This environment has created silos within many hospitals — islands of data that make it difficult for CIOs to integrate and support systems. Department heads and influential physicians are also instrumental in securing support, funding, and potential technology partners.
This was the case with ForaHealthyMe, a remote care start-up that worked with the OCE to obtain funding for projects at St. Michael's (Peripheral Arterial Disease and Chronic Kidney Disease) and UHN (Spinal Cord Injury and support). "Funding goes hand in hand with research," commented ForaHealthyMe founder Courtney Cole. "These are long-term projects; they take a lot of time and resources, but the OCE Health Technology Fund can run just under a half a million dollars, which is a great boost to build, test, validate, and commercialize."
ForaHealthyMe Launches eHealth Platform with Ontario’s Health Technologies Fund
by Emily Milling December 7, 2017
Toronto and the Greater Toronto Area (GTA) have world-class healthcare facilities that attract people from across Ontario. Ontario healthcare budgets are weighted to fund “larger hospitals and those in high growth areas and those that have highly specialized services like provincial childrens’ hospitals,” and hospitals develop research projects and provide patients with the most recent innovations in healthcare.
But what about those who can’t easily travel or live several hours away by plane? Or those who require an integrated
treatment plan that requires more than one element of care? For patients living with spinal cord injuries located outside of the GTA this is an issue often overlooked and ignored.
Enter Courtney Cole, Founder and President of ForaHealthyMe, a virtual healthcare platform. Cole teamed up with Spinal Cord Injury Ontario, Toronto Rehabilitation Institute and the Centre for Family Medicine to address the accessibility of care issue for patients living with spinal cord injuries throughout Ontario by developing a virtual integrated platform under the theme “Better Care Closer to Home.” The official launch of their platform “Virtual Integrated Platform for Spinal Cord Injuries” (VIP4SCI), was announced Wednesday, November 1, 2017 at the Toronto Rehab Clinic, Lyndhurst Centre.
The objective of the platform is to “build a solution that revolves around patient care,” says Cole who has been working with ventureLAB, an innovation hub that helps accelerate technology companies, to scale his platform and business based in York Region. “We are building a virtual clinic to enable patients with spinal cord injuries to access care through a suite of virtual applications. These include video-based solutions for one to one consults with a family physician or a specialist, self-assessments, goal setting and peer to peer engagements.”
ForaHealthyMe Inc. and partner Spinal Cord Injury Ontario awarded Health Technologies Fund Grant
April 3, 2017 12:50 P.M.
Announced on April 3, 2017, ventureLAB entrepreneur ForaHealthyMe Inc.
in partnership with Spinal Cord Injury Ontario, Toronto Rehabilitation Institute and the Center for Family Medicine, has been
from the Ontario Health Technologies Fund granting program.
The grants provided by Ontario’s Ministry of Health and Long-Term Care will support the development of software and mobile devices that focus on the delivery of
better home and community care(Jensen/Ministry of Health and Long-Term Care, 2017).
The project will enhance the support and services to patients with spinal cord injuries and other mobility disabilities from acute care, through rehab and during the transition back home. Without the proper support, many spinal cord injury patients default to returning to their rehab hospital or visiting an emergency department when disability-specific experience and community supports are not available –a costly healthcare option.
ForaHealthyMe Inc. and partner, York University Awarded e-HIPP Grant
November 28, 2016 3:35 P.M.
ForaHealthyMe Inc. has also developed several local and international partnerships
that help grow the company. These include a collaborative project called "
The Mindfulness Virtual Community (MVC)," that was the
result of a Canadian Institutes of Health Research (CIHR) eHealth Innovation Partnership Program
(eHIPP) funding round. This project is in partnership with York University.
MVC is focused on helping students coping with mental health issues, namely stress, anxiety and depression. Using the ForaHealthyMe Inc. virtual care applications, students have access to tools including key elements of peer-to-peer online support groups, live video-based consults with a clinical psychologist, and e-education mindfulness-based self-help modules (MBSH). The goal is to help users adopt mental health-promoting behaviors while awaiting clinical counselling and/or psychiatric services. The project is valued at approximately C$1 million.