Chicago-based company wins summit startup contest
Chicago-based Vivor won the 2016 Louisville Innovation Summit Startup Pitch Contest.
Vivor features PayRX, a way to reduce patient out-of-pocket costs. As the winner of the contest, the company received $10,000 in cash, one seat for one year at iHub, a six-hour mentoring session with Ted Smith, CEO at Revon Systems, and two complimentary registrations to the 2017 Louisville Innovation Summit.
Vivor is being used by hospitals and providers for sick patients using the most drugs, who are dealing with situations where drug costs can be devastating.
“We saw an amazing array of senior care products, from simple items, like a better eyedropper, to better medical equipment like a new laryngoscope, to advanced databases for finding the right bed referral for acute care patients,” said Lisa Bajorinas, Executive Director of EnterpriseCorp and director of the Kentucky Innovation Network. “But, at the end of the day, we were impressed by Vivor's database technology, which makes it easy for hospitals and providers to match up patients with hundreds of pharma relief programs. Its potential to impact the industry could be exponential.”
The Louisville Innovation Summit is sponsored by more than 20 contributing sponsors.