Detroit’s Big Bet On Small Business

In Detroit’s “New Center” area north of Wayne State University, entrepreneur Anthony Hatinger and his business partners are making a bet: that decades from now, crickets and other bugs will have a place in the American palate as consumers become more attentive to the environmental costs and price of meat. But Hatinger and his partners

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Greater Cleveland Entrepreneurs Receive A JumpStart

When Kaye Ridolfi, our senior vice president for advancement, took her place behind the podium at tonight’s 2017 Annual Meeting presented by KeyBank, it was ostensibly to talk solely about Organizational Fund Partner Appreciation Week. While she did discuss the importance of recognizing the more than 170 Greater Cleveland nonprofits that have embraced the strategy

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7SIGNAL Names Software Veteran Russell Wangler As CTO

Today 7SIGNAL The Wi-Fi Performance Company announced Russell Wangler as the company’s new Chief Technology Officer (CTO) tasked with leading 7SIGNAL’s SaaS platform expansion to accommodate its rapid growth. The appointment places a 20-year software leader and architect at the helm of its cloud based W-Fi performance management platform. “Russ has a proven track record

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Mediware® And CoverMyMeds Announce New Electronic Prior Authorization Partnership

Mediware Information Systems, Inc., a provider of comprehensive post-acute healthcare software and CoverMyMeds, a leading electronic prior authorization (ePA) platform, announced today they have signed a partnership agreement which allows pharmacy providers access to electronically initiate and track prior authorization (PA) requests in workflow. Through the integration of Mediware’s CareTend pharmacy software and CoverMyMeds, pharmacists

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These 13 Tech Companies Sold For More Than $1 Billion

Gone are the days when headline-making tech acquisitions and IPOs come only out of Silicon Valley and New York City. Local tech and entrepreneurship communities are thriving across the U.S. in cities like Atlanta, Nashville, Raleigh-Durham, and Indianapolis. And savvy venture capitalists–within and outside of the coasts–are seizing the opportunity. Notable examples include AOL founder

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MacroPoint Continues To Enhance LTL Visibility In Partnership With Banyan Technology

MacroPoint, creator of patented freight tracking software designed to give shippers, brokers, 3PLs and carriers real-time visibility into load status and Banyan Technology, the leader and pioneer of live LTL carrier connectivity, today announced a partnership to expand the MacroPoint platform to include LTL carriers utilizing Banyan Technology’s live carrier and API (application program interface)

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Q&A: CoverMyMeds’ Alan Gilbert Discusses Startup Success In Ohio

Since its launch in Cleveland and Columbus in 2008, Ohio startup CoverMyMeds has grown tenfold. This JumpStart portfolio company is one of the fastest growing healthcare information technology companies in the U.S., and has processed more than 20 million prior authorizations (PAs) to help people get their medicine. CoverMyMeds automates the PA process and eliminates

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Endotronix Hires Three To Join Its Management Team

Endotronix recently announced it had recently hired several executives to join its management team. Katrin Leadley, MD, joins Endotronix as chief medical officer, Richard Powers is now the company’s chief information officer and Mike Dilworth joins as vice president of manufacturing and operations. Endotronix is developing the Cordella heart failure system, which consists of a

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CoverMyMeds Integrates With athenahealth EHR To Help Patients Fill Prescriptions Faster

athenahealth is teaming up with electronic prior authorization (“ePA”) platform CoverMyMeds for prescriptions that will automate the ePA process for providers using the athenaClinicals electronic health record service. Of the estimated 185 million prescriptions a year in the U.S. that require prior authorization from payers, 40 percent are eventually abandoned. One reason is because the process

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JumpStart Investment Lures Upscale Talent To Health-Tech Corridor

Cleveland-based venture development organization JumpStart Inc. is helping build up the city’s Health-Tech Corridor (HTC) with a $250,000 investment in Monarch Teaching Technologies, Inc., maker of a special education learning software. The investment comes from JumpStart’s $10 million Evergreen Fund, which focuses on companies that relocate to the rapidly growing 1,600-acre district that links downtown Cleveland to University Circle. Monarch’s move from Shaker

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Monarch Teaching Technologies Lands $250,000 Investment From JumpStart Inc., Plans Move To Cleveland

Cleveland venture development organization JumpStart Inc. said it has invested $250,000 in Monarch Teaching Technologies Inc., a Shaker Heights company that makes special education teaching software called VizZle. As a result of the investment, Monarch will move to Cleveland. The investment comes from the Health-Tech Corridor Attraction Fund, a $2 million carve-out of JumpStart’s $10

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