New York Program Aims To Promote Health IT Innovation, Create Jobs

The New York City Investment Fund, New York eHealth Collaborative and New York State Department of Health have launched a new program designed to promote health IT innovation and create 1,500 jobs in New York state, Healthcare IT News reports.

About the Program

The New York Digital Health Accelerator program will select 12 early- and growth-stage technology companies that are developing innovative tools for care coordination, patient engagement, analytics and alerts for health care providers.

Each selected company will receive up to $300,000, as well as mentoring from senior-level executives representing New York hospitals and health care providers (Monegain, Healthcare IT News, 4/26). The selected companies also will have access to the IT infrastructure of the Statewide Health Information Network of New York.

The awards aim to help the companies develop technologies to support New York's new Medicaid medical home program.

Companies must submit applications for the accelerator program by June 1.

Funding Support

The accelerator program is funded by $4.2 million in contributions from:

  • Aetna;
  • Milestone Venture Partners;
  • New Leaf Venture Partners;
  • New York City Investment Fund;
  • Quaker Partners;
  • Safeguard Scientifics; and
  • UnitedHealth Group.

In addition, three organizations -- the New York eHealth Collaborative, Empire State Development Corporation and Health Research -- will provide additional funds and services to operate the program (Goedert, Health Data Management, 4/26).

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