Led by PrIME Health Collaborative, the Colorado Health Challenge is one of only a few such programs in the U.S, including those at Brigham and
"Emerging digital health startups crave two things above all else: capital and relationships with health care providers and payers for the purpose of creating new solutions to big, expensive problems," said
Each of the companies that are accepted into the challenge will receive business plan review and assessment and pitch coaching from a group of mentors that include experienced entrepreneurs, health care payers or providers, digital health investors and angel investors.
At the end of the three month course, the companies will present their product to a panel of health care executives and investors. Based on the final presentation, the winners could receive either funding or the opportunity to pilot their prototype at a major health care system or in a patient population of a payer network.
While the challenge is designed to support all
"We know that venture investment in digital health both nationally and here in
In the past several years, Denver South's 60 bioscience companies have expanded operations, received financing and have pushed the envelope when it comes to innovation in healthcare technology.
Take for instance,
And while big companies are thriving in Denver South, with support from organizations such as PrIME, startups are also continuing to grow and develop. One such example: MDValuate is a mobile, on-demand physician performance intelligence solution that empowers hospital executives to improve margins by maximizing the value of their physician network. The company launched in
"As a healthcare startup we have found the access to talent, community energy and programs such as the PrIME//Source initiative are plentiful and valuable in Denver South," said
The Challenge will accept applications for its three-month course through
Keywords for this news article include: Hospital, Chemicals, Chemistry, Bioscience, Technology,
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