Sway Medical emerges from 'valley of death'

The Tulsa company is two years old, but already has secured FDA approval of its diagnostic tool and obtained new funding.
Published: July 9, 2013
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Perhaps most significantly, Sway Medical expanded its target market from athletic concussions to a much broader market with their balance tests, which fits right into the accountable care direction for Medicare/Medicaid reimbursable services.

“It's been an amazing two years,” Chase said. “We are going to shift the way these diagnostics are done. People have no idea what is possible.”

Sway Medical is up to seven employees and growing. The Sway Balance application goes on sale this month in the iTunes store.

It's amazing what a focused entrepreneur can accomplish in two years with a bit of help. At i2E, it's why we do what we do.

Scott Meacham is president and CEO of i2E Inc., a nonprofit corporation that mentors many of the state's technology-based startup companies. i2E receives state appropriations from the Oklahoma Center for the Advancement of Science and Technology. Contact Meacham at i2E_Comments@i2E.org.

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DID YOU KNOW?

Football is the most common sport with concussion risk for males (75 percent chance). Soccer is the most common sport with concussion risk for females (50 percent chance).

Source: Sports Concussion Institute

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