New York Digital Health Accelerator Gears Up for 2014 Class
Anticipating many innovative entries, the New York Digital Health Accelerator program has extended the application deadline to April 18, 2014. The Accelerator, formed by a partnership between the New York eHealth Collaborative (NYeC) and the Partnership Fund for New York City, supports early and growth stage companies developing innovative technology products for healthcare providers and patients in the areas of care coordination, patient engagement, predictive analytics and workflow management. After the success of the 2013 program, expectations are high for the incoming class. “As New York’s Tech Sector continues to thrive, we expect the second class of the Digital Health Accelerator to quickly enable some of the best companies out there to develop the newest health information technology tools,” said NYeC Executive Director, David Whitlinger.
The initial 2013 class of eight companies that wrapped up in May raised over $12 million post-graduation, which allowed them to significantly grow their businesses. The companies created over 120 high tech jobs in New York and launched 17 pilots with the participating healthcare organizations. In addition, two of the companies were acquired within six months after graduation.
About the Program
The five-month Accelerator program focuses on technological developments in the areas of care coordination, patient engagement, predictive analytics and workflow management. In addition to obtaining feedback from leading New York health organizations, participants will receive $100,000 in up-front funding. Participating healthcare institutions range from hospitals and long-term providers to community health centers and primary care physicians. The selected companies will have access to an entrepreneurial leadership program and to the wealth of health data accessible via the Statewide Health Information Network of New York (SHIN-NY).
Who Should Apply?
The program is designated for early- and growth-stage companies where access to clinical and technical feedback from provider organizations could have a meaningful impact on the company’s development prospects. At a minimum, the company should have a beta version of its technology.
The application is open to any company, although the company must have a New York presence, at least for the duration of the program. Pharmaceutical, biotech, surgical medical device, and diagnostic companies do not qualify for the program.
Products and technologies focused on these 4 focus areas are invited to apply: Care Coordination, Patient Engagement, Predictive Analytics and Workflow Management.
Just one week left to apply, application deadline is Friday, April 18. Apply here!