News Article

Analytics company Accordion Health receives federal grant
Date: Dec 19, 2014
Author: Christopher Calnan
Source: bizjournals ( click here to go to the source)

Featured firm in this article: Saltare Systems LLC of Austin, TX



Accordion Health Inc., a health care analytics company, has received $60,000 through the National Science Foundation.

The capital is expected to help the Austin startup with its first commercial contract. The funding, in the form of a matching grant, doubles the value of services Accordion can provide customers, according to a company announcement.

Accordion Health, founded in July, develops software designed to generate predictive data analytics used in health care decisions. The company employs 11 workers.

President and co-founder Sriram Vishwanath said data based on an employer's health care plan is the first step in helping consumers and employers gain access to quality health care at a low cost.

Vishwanath is also a computer networking professor at the University of Texas, according to his online profile.

Accordion Health plans to apply for a National Science Foundation matching grant to fund research into the development of its technology, the release indicates.