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New York Digital Health Accelerator adds patient engagement, predictive analytics targets

The New York eHealth Collaborative and Partnership Fund are looking for applications from digital health startups for their second accelerator class. Although care coordination was the dominant theme last year, the next class has a more expansive set of targets. The accelerator will pick up to 10 early- and growth-stage health IT companies developing innovative […]

By Stephanie Baum on March 06, 2014

The New York eHealth Collaborative and Partnership Fund are looking for applications from digital health startups for their second accelerator class. Although care coordination was the dominant theme last year, the next class has a more expansive set of targets.

The accelerator will pick up to 10 early- and growth-stage health IT companies developing innovative technology to solve challenges across patient engagement, predictive analytics and workflow management for healthcare providers as well as care coordination.

Each class member will get $100,000 in investment capital and access to mentoring from executives at hospitals and other providers in New York. The companies also will get access to the state’s technology platform that’s connecting electronic health records across New York State, the Statewide Health Information Network of New York. The deadline for applications is April 11.

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Thirteen providers will participate in the program including Community Healthcare Network, FEGS Health and Human Services System, Hudson River Health Care, Maimonides Medical Center, Montefiore Medical Center, Mount Sinai Medical Center, NYC Health and Hospitals Corporation, New York Hospital Queens, New York-Presbyterian Hospital, North Shore LIJ Health System, NYU Langone Medical Center, Stony Brook University Medical Center and Winthrop University Hospital.

An investor syndicate that includes Baxter Ventures, Deerfield Management Company, Milestone Venture Partners, New Leaf Venture Partners, and the Partnership Fund for New York City is providing the investment capital. Genentech (part of Roche Group), Infor, Merck, and Pfizer will provide funds for operations and pilots. The Empire State Development Corporation and New York eHealth Collaborative will also provide funding to run the accelerator. Safeguard Scientifics doesn’t appear to be participating this time around.