20 Chicago Companies Redefining Healthtech

Chicago is a nerve center for healthcare technology. Here are the companies to know.

Written by Alyssa Schroer
Published on Jul. 19, 2024
doctor with computer in healthcare setting
doctor with computer in healthcare setting

Access to healthcare and the quality of care is a hot topic in Washington these days, but key players in the tech space have been working on these issues for decades. Chicago is a nerve center for health tech and we've rounded up some startups and tech companies working on everything from helping hospitals reduce infections to making office dwellers healthier while sitting at their desks.

Top Healthcare Companies in Chicago

  • GoHealth
  • Pareto Intelligence
  • Tempus
  • VillageMD
  • Higi
  • Visibly
  • PhysIQ
  • Intelligent Medical Objects

 

Founded: 2012

Procured Health is the creator of a software suite that helps healthcare providers spend wisely on medical supplies, devices and drugs. (Update: Procured Health is now Lumere.) The platform’s three solutions, IntelligencePRO, EvaluationPRO and PipelinePRO, mine data and use clinical evidence to rid providers of wasteful spending, ultimately lowering costs for patients and improving overall care.

 

Founded: 1987

PatientPoint makes healthtech for doctor’s offices and hospitals, providing health education and doctor-patient communication that’s designed to improve outcomes and patient satisfaction. It works with more than 140,000 medical providers in nearly 40,000 offices. PatientPoint says its products are behind measurable positive healthcare outcomes, such as increases in proactive health services in the form of mammograms and colon cancer screenings.  

 

Founded: 2014

HealthJoy’s software platform connects employees with their healthcare benefits. The service is available on both a mobile app and through a live concierge team to help employees navigate often confusing insurance and reimbursement systems in order to minimize out-of-pocket expenses. HealthJoy is a remote-first company, but its office in River North is available for in-person collaboration.

 

Founded: 2016

Kalderos is a healthtech company that uses data analytics to reduce waste and inefficiencies in medical administration. Using extensive data on drug discounts, the company built the first-ever discount management platform for prescription drugs, which helps push the pharma industry toward pricing transparency for patients.  

 

Founded: 2012

Higi is a health station that lets users track their health. Going beyond steps and heart rate, the Higi informs on a variety of health factors like Body Mass Index, pulse, weight, blood pressure and body fat percentages. Higi station checks paint a full portrait of a user’s health, and its mobile app lets them monitor progress from anywhere at anytime. Higi also has a built-in community where users can find friends to follow and groups to join for that extra bit of support.

 

Founded: 2015

Upfront Health is creating a more efficient system to handle large volumes of in-office patient visits. Upfront’s program evaluates each visit at a practice, analyzing schedules and logistics to determine the best actions for avoiding wasted or unnecessary appointments, incomplete tests and no-shows.

 

Founded: 1994 

Intelligent Medical Objects has developed a slate of IT solutions to ensure healthcare organizations keep their electronic health records up to date. The company also provides tools to establish terminology, enabling providers to operate with efficiency and confidence. The healthcare industry can seem disorganized at times, so Intelligent Medical Objects is simplifying operations. Providers can now access patient data, enrich their surgical dictionaries, and keep track of billing records. By harnessing the capabilities of technology, Intelligent Medical Objects is empowering providers to deliver a more satisfying patient experience. 

 

Founded: 2015

Tempus is creating the largest library of clinical and molecular data in the world. The goal is to ultimately bring cancer treatment into the 21st century with data-driven insights physicians can use to make more effective and personalized treatment decisions. Tempus is working to make each patient experience better than the last and have partnered with a swath of prominent institutions like Mayo Clinic, Northwestern Medicine and Rush University Medical Center.

 

Founded: 2014

PreparedHealth creates software that makes it easier to deliver home care. Prepared’s platform enables smooth facility-to-home transitions, stronger communication, real-time updates and services ranging from meal delivery to home-based caregivers.

 

Founded: 2007

Evive creates customized tools to help users stay on top of their health needs. The technology analyzes and translates data points into suggestions like an alert for a user with seasonal allergies during a high pollen streak, or a recommendation to schedule an annual screening. Evive is a big-data-meets-behavior solution, giving people the ability to make better preventative health decisions that ultimately result in millions of dollars in cost savings.

 

Founded: 2013

PhysIQ monitors the vitals of each patient with biosensor technology to provide a more complete patient profile. With the collected data, providers can understand individual patterns and know when someone is in a healthy state. Instead of reacting to issues, providers can now take a more preventative approach to healthcare. PhysIQ’s data enables professionals to spot when someone’s health is out of sync. They can then notify the patient and determine if any next steps are needed.

 

Founded: 2010 

Q-Centrix helps health organizations unlock the potential of clinical data with its Enterprise Clinical Data Management platform. The company boasts a community of over 1,000 members, leveraging expert insights to organize and distribute clinical data across various departments. Instead of investing time and resources in training staff, healthcare teams can rely on the platform to filter immense amounts of clinical data. Q-Centrix enables companies to tailor its flexible technology to meet the needs of professionals in cardiology, oncology, and other areas. 

 

Founded: 2001

GoHealth's platform is a beacon in the often  confusing and complicated world of health insurance. Not just for consumers, the company offers solutions for every player in the industry, including carriers and insurance agents. GoHealth has helped over 2 million users find the right coverage while providing the information and insight needed to fully understand their plans.

 

Founded: 2020

Avaneer Health offers a decentralized healthcare ecosystem, the Avaneer Ecosystem, that functions as a peer-to-peer network for healthcare organizations. Participants use the network to collaborate across organizations and share real-time data, with the aim of streamlining the administrative side of healthcare. The network is used by prominent organizations including Aetna, CVS Health and Cleveland Clinic.  

 

Founded: 2005

Software company Medtelligent specializes in innovative solutions for senior living communities. Its flagship platform, ALIS, or Assisted Living Intelligent Solutions, provides tools that enhance communication, simplify documentation and streamline management processes. ALIS helps assisted living communities eliminate tedious paperwork, empower staff, communicate with families and improve portfolio performance. Medtelligent’s offices are in River North.

 

Founded: 1989

Jellyvision is a healthtech company that offers software and tech for employee benefits management. Its platform’s offerings include benefits counseling, personalized enrollment support, engagement tools and company-specific custom options. Jellyvision aims to demystify the complicated and frustrating landscape of benefits for employees, with the goal of supporting them in accessing all the benefits they’re entitled to.  

 

Founded: 2013

Pareto Intelligence is a data and analytics company providing insights that help healthcare organizations manage risk, revenue and cost. The company enables healthcare providers, systems and plans to identify risks and inefficiencies, improving their long-term financial performance. To date, Pareto has already analyzed over 100 billion dollars in medical costs and claims. 

 

Founded: 1996

Strata Decision Technology provides cloud-based financial planning, decision support and performance analytics for the healthcare industry. The company helps finance professionals elevate their performance by acquiring insights, accelerating decisions and advancing business plans. Strata has two campuses: its headquarters in downtown Chicago and a second location just outside St. Louis, Missouri.

 

Founded: 2016

Carrot Fertility has filled one of the toughest gaps in the healthcare space: fertility. Providing diverse benefits for “family-forming journeys” with or without an infertility diagnosis, the company’s care platform is sold as an add-on to employee benefits packages. Carrot Fertility facilitates services including egg, sperm and embryo freezing, IVF, gestational surrogacy and pregnancy and postpartum care.

 

This article was originally published in 2017. Margo Steines and Dana Cassell contributed reporting to this story.

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