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Sensentia Accepted to Healthbox Studio

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Sensentia Accepted to Healthbox Studio

Sensentia Accepted to Healthbox Studio

MIAMI, Florida - May 6th 2015 - Sensentia is pleased to announce that it will be participating in the Healthbox Studio commencing on May 6th in Miami, Florida at The Idea Center at Miami Dade College.

Healthbox selected Sensentia for the Studio through a rigorous, competitive process in collaboration with anchor partner GuideWell, the parent company of Florida Blue. Together they selected a total of ten companies based upon their potential impact on care delivery and further advancement of Florida's innovation and economic ecosystems. Through its partnership with GuideWell, Healthbox is rotating the program across Florida with Miami as the new location for 2015. This is the first Florida program using the new Healthbox Studio model and builds upon its successes over the past three years across the state.

Sensentia is providing artificial intelligence solutions in which consumers and providers have real time access to health plan benefit and eligibility information. Sensentia's technology was tested and challenged in a pilot study with a major health plan, the company's benefit and eligibility inquiry system had nearly perfect accuracy in answering member and provider requests. Overall, Sensentia's system had better results than the health plan's call centers which resulted in a significant return on investment.

"Healthbox is one of the best programs for a promising healthcare technology company. The evolution of their approach from an accelerator model to a studio concentrating on mature start-ups ready to commercialize their product is the right fit for Sensentia," said Jan Jungclaus, CEO of Sensentia, "We are really looking forward to working with such a strong team as Healthbox. Especially given the strength of the other companies in this cohort. They are a testament to how the entrepreneurial community has blossomed in southern Florida."

About HealthBox

Healthbox is the preeminent source of healthcare innovation which drives actionable collaboration between inventors, entrepreneurs and the healthcare industry. Healthbox's studio programs offer serious entrepreneurs the candid, unparalleled healthcare industry access and insight needed to succeed in a complex marketplace. They partner with leading healthcare organizations to advance a culture of idea generation, business creation and external collaboration. With operations in Boston, Chicago, Florida, Nashville, Salt Lake City and London, Healthbox is building a strong, global community dedicated to driving change in healthcare. Healthbox has a portfolio of more than 75 active companies and strategic partnerships with more than 30 healthcare organizations. For more information, visit www.healthbox.com.

About Sensentia

Sensentia is an artificial intelligence company focused on enhancing consumer and provider access to health plan information allowing them to make better and more appropriate decisions about their healthcare. Sensentia's mission is to drive down the cost of healthcare operations through their innovative technology solutions. Sensentia emerged from the highly-rated Californian digital health incubator, Rock Health, in 2013. The company is headquartered in San Francisco, California, and has offices in Miami, Florida. For more information, visit www.sensentia.com.