Hot Startups on AWS – October 2017
- November 1, 2017
In 2015, the Centers for Medicare and Medicaid Services (CMS) reported that healthcare spending made up 17.8% of the U.S. GDP – that’s almost $3.2 trillion or $9,990 per person. By 2025, the CMS estimates this number will increase to nearly 20%. As cloud technology evolves in the healthcare and life science industries, we are seeing how companies of all sizes are using AWS to provide powerful and innovative solutions to customers across the globe. This month we are excited to feature the following startups:
ClearCare envisions a future where home care is the only choice for aging in place. Home care agencies play a critical role in the economy and their communities by significantly lowering the overall cost of care, reducing the number of hospital admissions, and bending the cost curve of aging. Patients receiving home care typically have multiple chronic conditions and functional limitations, driving over $190 billion in healthcare spending in the U.S. each year. To offset these costs, health insurance payers are developing in-home care management programs for patients. ClearCare’s goal is to help home care agencies leverage technology to improve costs, outcomes, and quality of life for the aging population. The company’s powerful software platform is specifically designed for use by non-medical, in-home care agencies to manage their businesses.
Founder and CEO Geoff Nudd created ClearCare because of his own grandmother’s need for care. Keeping family members and caregivers up to date on a loved one’s well being can be difficult, so Geoff created what is now ClearCare’s Family Room, which enables caregivers and agency staff to check schedules and receive real-time updates about what’s happening in the home. Since then, agencies have provided feedback on others areas of their businesses that could be streamlined. ClearCare has now built over 20 modules to help home care agencies optimize operations with services including a telephony service, billing and payroll, and more. ClearCare now serves over 4,000 home care agencies, representing 500,000 caregivers and 400,000 seniors.
Using AWS, ClearCare is able to spin up reliable infrastructure for proofs of concept and iterate on those systems to quickly get value to market. The company runs many AWS services including Amazon Elasticsearch Service, Amazon RDS, and Amazon CloudFront. Amazon EMR and Amazon Athena have enabled ClearCare to build a Hadoop-based ETL and data warehousing system that processes terabytes of data each day. By utilizing these managed services, ClearCare has been able to go from concept to customer delivery in less than three months.
To learn more about ClearCare, check out their website.
DNAnexus (Mountain View, CA)
DNAnexus is accelerating the application of genomic data in precision medicine by providing a cloud-based platform for sharing and managing genomic and biomedical data and analysis tools. The company was founded in 2009 by Stanford graduate student Andreas Sundquist and two Stanford professors Arend Sidow and Serafim Batzoglou, to address the need for scaling secondary analysis of next-generation sequencing (NGS) data in the cloud. The founders quickly learned that users needed a flexible solution to build complex analysis workflows and tools that enable them to share and manage large volumes of data. DNAnexus is optimized to address the challenges of security, scalability, and collaboration for organizations that are pursuing genomic-based approaches to health, both in clinics and research labs. DNAnexus has a global customer base – spanning North America, Europe, Asia-Pacific, South America, and Africa – that runs a million jobs each month and is doubling their storage year-over-year. The company currently stores more than 10 petabytes of biomedical and genomic data. That is equivalent to approximately 100,000 genomes, or in simpler terms, over 50 billion Facebook photos!
DNAnexus is working with its customers to help expand their translational informatics research, which includes expanding into clinical trial genomic services. This will help companies developing different medicines to better stratify clinical trial populations and develop companion tests that enable the right patient to get the right medicine. In collaboration with Janssen Human Microbiome Institute, DNAnexus is also launching Mosaic – a community platform for microbiome research.
AWS provides DNAnexus and its customers the flexibility to grow and scale research programs. Building the technology infrastructure required to manage these projects in-house is expensive and time-consuming. DNAnexus removes that barrier for labs of any size by using AWS scalable cloud resources. The company deploys its customers’ genomic pipelines on Amazon EC2, using Amazon S3 for high-performance, high-durability storage, and Amazon Glacier for low-cost data archiving. DNAnexus is also an AWS Life Sciences Competency Partner.
Learn more about DNAnexus here.