Rimidi Diabetes took the top prize at the inaugural Healthways Innovation Living Lab (HILL) Pitch Fest ‘16, recognizing the most exciting companies in well-being technology and health innovation.
Rimidi, a startup in the Advanced Technology Development Center’s ATDC Signature portfolio of companies, was awarded $5,000 for its Diabetes+Me solution, a cloud platform that empowers patients and providers to identify gaps in diabetes management, the necessary steps to close them, meet patient glucose targets, and create a more efficient cycle of care.
Ten companies presented a four-minute business pitch at Healthways’ Franklin, Tenn., headquarters to a panel of judges, to compete for the prize money and the opportunity to introduce their ideas to Healthways, and other leaders in the well-being improvement industry.
HILL is dedicated to creating new solutions for improving population health and wellbeing through the use of human-centered design principles. Through events such as Pitch Fest, HILL will continue to gain insights by collaborating with forward-thinking partners to offer innovative programs, the company said.
“The award is a wonderful endorsement of our technology,” said Dr. Lucie Ide, CEO of Rimidi. “We look forward to working with Healthways and their clients.”
Shawn Nason, chief operating officer of Population Health and the Healthways Innovation Living Lab, said, “It’s very exciting to meet entrepreneurs focused on healthcare transformation, and hear their fresh perspective and innovative ideas for overcoming the challenges that face the healthcare consumer of today. I was impressed by not only the quality of presentations, but also the passion each entrepreneur brings to their organization.”
The judges evaluated each pitch on four key areas: effective delivery of the pitch, product simplicity for consumers, overall creativity and market viability.
Rimidi has received plenty of attention in recent years having won an award in 2016 for being a Technology Association of Georgia “Georgia Top 10 Most Innovative Company.” In 2014, the company won a $50,000 investment from Village Capital for creating a solution that addresses a social need.