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Michael Ferro

Founder and CEO at Merrick Ventures

Miami, United States

Michael W Ferro, jr is a healthcare tech entrepreneur. Michael founded or led multiple companies, including Click Commerce, acquired for $292M. He also founded Higi, Merrick Ventures, and the Michael and Jacqueline Ferro Foundation. Through Merrick Ventures, Michael took a controlling stake in Merge Healthcare, building it up from almost-bankrupcy to be acquired by IBM for $1B. He is an expert in Artificial Intelligence, and has been granted many US patents for his work in AI imaging analysis. Michael was recently named Healthcare Tech Entrepreneur of the Year 2021.

Michael FerroPoints
Academic0
Author7
Influencer34
Speaker10
Entrepreneur425
Total476

Points based upon Thinkers360 patent-pending algorithm.

Thought Leader Profile

Portfolio Mix

Company Information

Company Type: Company

Areas of Expertise

AI 38.46
Analytics
Big Data
Business Strategy 30.14
COVID19
Digital Disruption
Digital Transformation
Emerging Technology
Entrepreneurship 70.29
Health and Wellness 32.50
Healthtech 99.02
Mergers and Acquisitions
Startups 36.11

Industry Experience

Healthcare

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Publications

7 Article/Blogs
Democratizing Behavioral Health
Medium
April 13, 2021
While Behavioral Health innovations, new business models and the shift to virtual care were already booming before the covid19 pandemic, they have gained center stage in 2020 and 2021. AI is helping to democratize behavioral healthcare in many ways

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Tags: Startups, Healthtech, Entrepreneurship

Virtual Reality Therapeutics: part of the AI in Healthcare Series with Michael Ferro
Medium
March 23, 2021
Virtual Reality software used in healthcare for pain management, stroke rehabilitation, brain injury and PTSD

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Tags: AI, Healthtech, Entrepreneurship

Remote Patient Monitoring: AI-based software and clinical grade consumer devices
Medium
March 16, 2021
Remote Patient Monitoring - RPM

AI-based software and clinical grade consumer devices

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Tags: AI, Healthtech, Business Strategy

Artificial Intelligence Voice Technology in Healthcare
Medium
March 09, 2021
New trends in AI Voice Bots and Vocal Biomarkers in Healthcare

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Tags: AI, Healthtech

Who Pays for Artificial Intelligence Enabled Software in US Healthcare?
Medium
March 02, 2021
Overview of some of the basics on who pays for FDA cleared AI enabled software to be used in US healthcare, from the doctors, to the payers, to the patients.

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Tags: AI, Entrepreneurship, Healthtech

Digital Therapeutics Overview: DTx
Medium
February 23, 2021
Overview of some of the top funded and interesting digital therapeutics and disease management platforms in healthcare..

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Tags: Entrepreneurship, Health and Wellness, Healthtech

Artificial Intelligence in Healthcare
Medium
February 16, 2021
Overview of a series on artificial intelligence that touches patient care directly through diagnostics, disease management or treatments.

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Tags: Entrepreneurship, Health and Wellness, Healthtech

3 Founders
Founder of Higi
Higi
March 01, 2012
Founded by Michael Ferro in 2012, Higi is a leader in consumer health engagement and healthcare technology, providing innovative ways to make better health more accessible and affordable for all. Higi is a healthcare engagement platform that helps consumers easily track, measure, and utilize health data and resources through a network of over 10,000 FDA-approved smart health stations. These health stations are located at pharmacy retailers, worksites, and other community locations all across the United States. The Higi platform also includes more than 80 integrated health devices and apps that connect consumers to their health data and trusted healthcare organizations in real-time right from their mobile phones.

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Tags: Entrepreneurship, Health and Wellness, Healthtech

Founder and CEO
Merrick Ventures
December 15, 2006

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Tags: Entrepreneurship, Healthtech, Startups

Founder and Chairman
Michael and Jacqueline Ferro Foundation
December 15, 2006

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Tags: Entrepreneurship, Healthtech, Startups

1 Industry Award
2006 Ernst & Young Entrepreneur of the Year
Ernst & Young
March 13, 2016
2006 Ernst & Young Entrepreneur of the Year

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Tags: Entrepreneurship

6 Influencer Awards
Top Healthcare Tech Entrepreneur of the Year
IAOTP
January 26, 2021
Michael Ferro Jr. selected as Top Healthcare Tech Entrepreneur of the Year by IAOTP

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Tags: Entrepreneurship

The CEC to Honor Glenn Tilton, Michael Ferro, and Three Growth Companies at the 2012 Momentum Awards Dinner
CEC
February 01, 2019
The CEC's Fifth Annual Momentum Awards Dinner will be held on October 24 at Millennium Park. At the event, Michael Ferro, Chairman and CEO of Merrick Ventures LLC, will be honored with the CEC's 2012 Entrepreneurial Champion Award. The Entrepreneurial Champion Award honors a prominent member of the business and entrepreneurial community who not only is successful in their own business ventures, but is also concerned with the success of their surrounding entrepreneurial community.

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Tags: Entrepreneurship

Tech's 100 Highest Rollers by Forbes
Forbes
April 02, 2018
The top 100 people in technology according to Forbes

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Tags: AI

2016 Emmy Award Nominee for Best Documentary, “Life Itself: The Roger Ebert Story”
Academy of Motion Picture Arts and Sciences
January 01, 2016
2016 Emmy Award Nominee for Best Documentary, “Life Itself: The Roger Ebert Story”

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Tags: Business Strategy

Forbes Tech 100 Highest Rollers
Forbes
March 03, 2015
https://www.forbes.com/asap/2001/0402/078_print.html

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Tags: Entrepreneurship

National CEO Conference Names Michael Ferro to Hall of Fame
Collegiate Entrepreneurs’ Organization
January 01, 2003

Click Commerce, Inc. founder, Michael Ferro was named to the Collegiate Entrepreneurs’ Organization’s Hall of Fame in 2003. Ferro was recognized for his monumental impact on the foundation and groundwork of the research software solution company. His work with Click Commerce, Inc. established him as an early pioneer in the sphere of eResearch Portals and Research Administration Solutions.

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Tags: AI

1 Keynote
Michael Ferro, Chairman
Sun Times
May 24, 2013

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Tags: AI, Entrepreneurship

6 Media Interviews
AI In Healthcare Series with Michael Ferro Featured Alacrity Care
PR Newswire
April 01, 2021
The 5th installment of the Artificial Intelligence Series with Healthcare Tech Entrepreneur Michael Ferro Jr focused on remote patient monitoring (RPM) and featured Alacrity Care

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Tags: AI, Healthtech, Entrepreneurship

Michael Ferro Contributes $1M+ to Melanoma Research
Melanoma Research Alliance
March 10, 2021
Michael Ferro, Jr donates $1M to melanoma research through the Michael and Jacqueline Ferro Foundation

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Tags: AI, Healthtech, Health and Wellness

Who Pays for Artificial Intelligence Enabled Software in US Healthcare?
Medium
March 02, 2021
Interview on how AI software is paid for in the healthcare setting

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Tags: AI, Healthtech, Entrepreneurship

Roger Ebert Documentary ‘Life Itself’ Gets U.S. Distribution
Variety
February 04, 2021
The film, directed by Steve James (“Hoop Dreams”), is based on Ebert’s memoir and filmed largely during the last five months of his life.

Zak Piper, James and Garrett Basch produced the film. Martin Scorsese, Steven Zaillian, Michael W. Ferro Jr., Gordon Quinn, Justine Nagan, Kat White, Mark Mitten, Vinnie Malhotra and Amy Entelis exec produced.

The film began production in December, 2012, four months before Ebert’s death. CNN holds first-window broadcast rights to the film.

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Tags: Entrepreneurship

Michael Ferro Jr. selected as Top Healthcare Tech Entrepreneur of the Year by IAOTP
IAOTP
January 26, 2021

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Tags: Entrepreneurship, Healthtech

The Excellence in Entrepreneurial Leadership Award in Honor of Michael W. Ferro, Jr
ADA25
December 18, 2020

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Tags: Entrepreneurship, Healthtech

1 Miscellaneous
Advisory Board of LifeBoat Foundation
LifeBoat Foundation
March 01, 2019
The Lifeboat Foundation is a nonprofit nongovernmental organization dedicated to encouraging scientific advancements while helping humanity survive existential risks and possible misuse of increasingly powerful technologies, including genetic engineering, nanotechnology, and robotics/AI, as we move towards the Singularity.

Lifeboat Foundation is pursuing a variety of options, including helping to accelerate the development of technologies to defend humanity such as new methods to combat viruses, effective nanotechnological defensive strategies, and even self-sustaining space colonies in case the other defensive strategies fail.

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Tags: AI, Emerging Technology

1 Miscellaneous
Michael Ferro Contributes $1M+ to Melanoma Research
Melanoma Research Alliance
March 10, 2021
Michael Ferro, Jr donates $1M to melanoma research through the Michael and Jacqueline Ferro Foundation

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Tags: AI, Healthtech, Health and Wellness

9 Patents
Systems and methods for remote diagnostic imaging
USPTO
June 25, 2019

Patent Number 10332251

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Tags: AI, Entrepreneurship, Healthtech

Methods and systems for automatically determining diagnosis discrepancies for clinical images
USPTO
April 30, 2019
Methods and systems for automatically determining diagnosis discrepancies for clinical images. One system includes a server including an electronic processor and an interface for communicating with at least one data source. The electronic processor is configured to receive a first diagnosis from the at least one data source over the interface. The first diagnosis is specified by a diagnosing physician for an anatomical structure represented in an image. The electronic processor is also configured to determine a second diagnosis for the anatomical structure. The second diagnosis is generated after the first diagnosis. The electronic processor is also configured to store the first diagnosis and the second diagnosis in a data structure. The electronic processor is also configured to automatically determine a discrepancy between the first diagnosis and the second diagnosis based on the data structure.

Patent Number 10275877

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Tags: Entrepreneurship

Methods and systems for automatically scoring diagnoses associated with clinical images
USPTO
April 23, 2019
Methods and systems for automatically scoring diagnoses associated with clinical images. One system includes a server including an electronic processor and an interface for communicating with at least one data source. The electronic processor is configured to receive a diagnosis associated with an image of a patient from the at least one data source over the interface. The diagnosis is for an anatomical structure represented in the image. The electronic processor is also configured to receive a pathology result for the patient for the anatomical structure generated after the diagnosis from the at least one pathology result source over the interface. The electronic processor is also configured to automatically generate a score based on a comparison of the diagnosis and the pathology result. The electronic processor is also configured to display the score within a graphical user interface.

Patent Number 10269114

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Tags: Entrepreneurship

Methods and systems for automatically determining a clinical image or portion thereof for display to a diagnosing physician
USPTO
January 21, 2019
Methods and systems for automatically determining a clinical image or portion thereof for display to a diagnosing physician. One system includes an electronic processor and an interface for communicating with at least one data source. The electronic processor is configured to receive training information from the at least one data source and determine a subset of images included in each of the plurality of image studies displayed to one or more diagnosing physicians. The electronic processor is also configured to perform machine learning to develop a model based on the training information and the subset of images included in each of the plurality of image studies and receive the image study. The electronic processor is also configured to process the image study using the model to determine a subset of the plurality of images and flag the subset of the plurality of images for manual review by the diagnosing physician.

Patent Number 10169863

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Tags: AI, Entrepreneurship

Remote diagnostic imaging
Michael W Ferro, jr
August 15, 2017
Systems and methods for performing remote diagnostic imaging. One system includes a stand-alone imaging station including a first housing module and a diagnostic imaging device. The diagnostic imaging device is contained within the first housing module and includes a radiation source and a radiation detector. The imaging station also includes a door and a device. The door is coupled to the first housing module and configured to allow a patient to enter the first housing module. The device is configured to receive payment information for a diagnostic imaging procedure performed using the diagnostic imaging device. The device may be magnetic stripe reader, a bill pay unit, a user identification card dispenser, or a scanner.

Patent Number 9730670

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Tags: AI, Entrepreneurship, Healthtech

Remote diagnostic imaging
Michael W Ferro, jr
July 07, 2017
Systems and methods for performing remote diagnostic imaging. One system includes a stand-alone imaging station including a first housing module and a diagnostic imaging device. The diagnostic imaging device is contained within the first housing module and includes a radiation source and a radiation detector. The imaging station also includes a door and a device. The door is coupled to the first housing module and configured to allow a patient to enter the first housing module. The device is configured to receive payment information for a diagnostic imaging procedure performed using the diagnostic imaging device. The device may be magnetic stripe reader, a bill pay unit, a user identification card dispenser, or a scanner.

Patent Number 10368828

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Tags: AI, Entrepreneurship, Healthtech

Systems and Methods for Remote diagnostic imaging
Michael W Ferro, jr
July 07, 2017
Systems and methods for performing remote diagnostic imaging. One system includes a stand-alone imaging station including a first housing module and a diagnostic imaging device. The diagnostic imaging device is contained within the first housing module and includes a radiation source and a radiation detector. The imaging station also includes a door and a device. The door is coupled to the first housing module and configured to allow a patient to enter the first housing module. The device is configured to receive payment information for a diagnostic imaging procedure performed using the diagnostic imaging device. The device may be magnetic stripe reader, a bill pay unit, a user identification card dispenser, or a scanner.

Patent Number 8526573

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Tags: AI, Entrepreneurship, Healthtech

9462991
USPTO
October 11, 2016
Systems and methods for remote diagnostic imaging. The systems include a diagnostic imaging kiosk. The kiosk includes, for example, a first housing module and a second housing module. The first housing module is configured to house, among other things, a diagnostic imaging system (e.g., an X-ray system). The second housing module is configured to house electronics associated with the operation, control, and networking of the kiosk. The electronics include, for example, a primary controller, an X-ray controller, an X-ray generator, an internal display controller, an external display controller, one or more routers, and a digital radiology module. The kiosk is configured to communicatively connect to a remote technician's workstation, and a remote technician at the workstation is able to remotely control the kiosk through a packet-switched network.

Patent Number 9462991

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Tags: AI, Entrepreneurship, Healthtech

Methods and systems for automatically analyzing clinical images using rules and image analytics
USPTO
July 10, 2016
Methods and systems for automatically analyzing clinical images using rules and image analytics. One system includes a server including an electronic processor and an interface for communicating with at least one data source. The electronic processor is configured to receive training information from the at least one data source over the interface. The training information includes a plurality of images and graphical reporting associated with each of the plurality of images. The electronic processor is also configured to perform machine learning to develop a model using the training information and receive an image for analysis. The electronic processor is also configured to determine a set of rules for the image and automatically process the image using the model and the set of rules to generate a diagnosis for the image.

Patent Number 10360675

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Tags: Entrepreneurship

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