The Buffalo News has a fascinating story on three regionally focused home-healthcare startups that have banded together at our member the Thomas Beecher Jr. Innovation Center at the Buffalo Niagara Medical Campus. The independent but highly synergistic businesses that now share a suite at the Innovation Center are:
- Mobile Pharmacy Solutions, founded by graduates of UB’s School of Pharmacy. The company intends to compete with national pharmacy chains by offering customized home-delivery services. It moved from a suburban location to the downtown Innovation Center last December, opening a retail storefront and a compounding lab, and boosting its weekly prescription count by about 50% since then;
- Advantage Home Telehealth, which remotely monitors patients’ vital signs; and
- Mobile Primary Care, a team of traveling nurse practitioners.
The three are jointly marketing as a network called Mobile HealthCare Connections. Their work strikes us as a prime example of how a local entrepreneurial ecosystem can support the testing and tuning of potentially disruptive business models. The News story is here.