ClinicNote wins award to explore market demand
DES MOINES, Iowa — ClinicNote, a startup company founded by three Iowa State University students, recently received a $25,000 grant from the Iowa Economic Development Authority (IEDA). The young company has worked with the Global Insurance Accelerator. That experience provided them with $40,000 in seed funding and 100 days of fast-track business development.
Tyler Fox, Morgan Hampel and Justin Coaldrake are working on a solution to streamline the reporting process from speech-language pathologists (SLPs) to insurance companies. Their product is a medical note taking platform designed for SLPs that allows the aggregation of individual session notes into a progress report for health insurance companies. Their initial focus is private practice SLPs with plans to eventually expand into schools and hospitals. As they continue to grow, they have plans to build out functionality for other therapy disciplines including physical therapy and occupational therapy.
The grant from IEDA comes from the Proof of Commercial Relevance Fund. The purpose of the fund is to assist businesses that are pursuing proof of commercial relevance and marketability of a technology.
Source: The Des Moines Register