MediSprout was selected as one of 168 semifinalists to move on to the second phase of the LIVESTRONG Foundation’s inaugural Big C competition, aiming to change the way the world lives with cancer. MediSprout, which provides a virtual medical visit, will now compete for one of 20 spots in the contest’s next round, the venture accelerator program.
Headquarted in New York, MediSprout entered the competition in the Health track and is unique because we are the only company that provides a telehealth API to power the booming telehealth industry.
“All 168 entries have the potential to be game changers in improving the lives of people affected by cancer now,” said Heather Wajer, VP of marketing at the LIVESTRONG Foundation. “We’re so thrilled with the quality of the entries and are lucky to have so many entrepreneurs interested in helping cancer patients, survivors and caregivers.”
MediSprout will benefit cancer patients and doctors by improving the access to quality care and the speed at which that care can be delivered. MediSprout is a two-way secure, cloud based, medically specific video conferencing service which provides a telehealth option for the established provider who sees patients every day in their office.
The 168 remaining entries represent possible solutions to the biggest challenges people affected by cancer face following a diagnosis, according to LIVESTRONG Foundation research. Of the remaining ventures, 20 will move on to the venture accelerator phase from July 14-Sept. 15, where contestants will be paired with cancer survivors and business mentors to turn their ideas into action. On Sept. 29, five finalists will be announced and flown to Austin, Texas, to present their innovations during the Ride for the Roses weekend, where the grand prize winner will be selected. Sixty ventures will receive a total of $140,000 in seed funding, based on their innovation’s utility, ingenuity and benefits to cancer patients and survivors. The grand prize winner will receive $25,000.
MediSprout provides an easy to use, secure virtual office visit which gives providers greater efficiency and flexibility with increased revenue while for patients it creates convenience and greater patient satisfaction.
About the LIVESTRONG Foundation
The LIVESTRONG Foundation fights to improve the lives of people affected by cancer now. Created in 1997, the Foundation is known for providing free cancer support services and advocating for policies that improve access to care and quality of life. Known for its powerful brand – LIVESTRONG – the Foundation has become a symbol of hope and inspiration around the world. Since its inception, the Foundation has served 2.5 million people affected by the disease and raised more than $500 million to support cancer survivors. One of America's top non-profit organizations, the Foundation has been recognized by industry leaders including Charity Navigator, the National Health Council and the Better Business Bureau for its excellent governance, high standards and transparency. For more information, visit LIVESTRONG.org.