Company Also Took Second Place in the Overall Competition to Find the State’s Best Breakthrough Business Idea.
MINNEAPOLIS, MN , Oct. 09, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Carrot Health, a leading provider of healthcare business intelligence powered by social determinants of health, was named the winner of the Life Sciences/Health IT division of the 2018 Minnesota Cup, and was runner up in the overall competition to identify the state’s top startup organizations. The recognition came after a judging process that spanned seven months and included working with experienced mentors to polish its business plan for presentation to the Grand Prize Award committee.
“Minnesota is the heart of the nation’s world-leading health technology cluster, so being named the state’s best new healthcare company is an amazing honor,” said Kurt Waltenbaugh, CEO of Carrot Health, which provides consumer data-driven insights that engage populations, improve health, and optimize performance. “Our MN Cup win is a testament to the ongoing efforts of the Carrot Health team, which is dedicated to making our vision of leveraging data to transform healthcare a reality. We are also grateful to all our customers who have supported our team of entrepreneurs.”
Carrot Health was one of 1,661 Minnesota-based companies that participated in the 2018 MN Cup, the nation’s largest competition of its kind. A free annual statewide competition, the MN Cup seeks to support and accelerate development of the best breakthrough ideas across nine divisions: Education and Training, Energy/ Clean Tech/ Water, Food/ Agriculture/ Beverage, General, High Tech, Life Science/ Health IT, Impact Ventures, Student, and Youth. Participants underwent three rounds of judging before reaching division awards. The nine division winners then presented live to the Grand Prize Review Board to determine the overall winner, with Carrot Health named runner up.
Carrot Health specializes in healthcare business intelligence software for health systems and payers. Its cloud-based platform, Carrot MarketView™, delivers actionable business insights on customer behavior, health, and engagement. It drives customer engagement and profitable revenue growth for payers and providers, improving decision-making, market share, growth, and the overall health of the consumers and communities served by its clients.
The company is also a finalist in the 2018 Tekne Awards in the Health IT division. Presented by the Minnesota High Tech Association (MHTA), the Tekne Awards honor Minnesota organizations and innovations that positively impact the global technology economy. The Health IT division award recognizes advances in the application of information technology to the healthcare sector, helping to diagnose diseases, increase efficiencies and improve patient outcomes. This category rewards technologies which have made a real impact to improve patient healthcare and quality of life.
About Carrot Health
Based in Minneapolis, Carrot Health, Inc., provides consumer data-driven insights that engage populations, improve health, and optimize performance. Its SaaS platform, Carrot MarketView, delivers analytics and predictive modeling to understand who customers are, what they want, and how best to engage them. For more information, visit www.carrothealth.com.