Tuesday June 27, 2017 0 comments
DENVER -- Prime Health, in partnership with the Colorado Health Foundation, is launching its 4th Annual Prime Health Challenge to connect early-stage health tech entrepreneurs with pilot host institutions.
The Prime Health Challenge was created in 2014 to galvanize the burgeoning digital health ecosystem and accelerate digital health technology commercialization -- including mobile apps, medical devices, data analytics, and telehealth technologies, among others -- oriented toward achieving the “Triple Aim” of improved patient experience, improved population health and lower costs.
As of 2016, the scope of the Challenge was extended beyond digital health companies to include all health tech companies in a effort to seek a boarder spectrum of solutions for host institutions.
“No individual or organization has had more impact on our success than Prime Health,” said Chip Brunk, CEO of Test Appropriate and a former Challenge participant.
“Since the Challenge, we’ve been getting a lot of interest in the company and our valuation has gone up significantly.”
Applications to the 2017 Prime Health Challenge must be submitted by July 7 to Valid Eval.
Selected applicants will participate in a 3-month process, including a flash mentoring period to refine their plans and pitches for digital health companies seeking to pilot their products.
The program concludes with a “shark-tank” style event on Oct. 19, where finalists companies will pitch their products live in front of a panel of healthcare executives and an audience of hundreds to win a portion of $150,000 and the opportunity to pilot their product.
Applicants do not need to be a Colorado-based startup to participate. Questions regarding the 2017 Prime Health Challenge can be submitted to Jasmine Ewing at [email protected].
Established in 2012, Prime Health is a statewide business ecosystem of healthcare administrators, providers, technologists, academics, entrepreneurs and investors commercializing emerging digital health technologies to improve health outcomes and patient experience and lower healthcare costs.
The organization represents more than 125 Colorado-based digital health companies and more than 1,200 collaborators, with grassroots chapters in Denver, Boulder, Centennial, Colorado Springs and Fort Collins.
Ranking among the top 10 digital health ecosystems nationally, Prime Health’s goal is to make Colorado the top Digital Health and Health Innovation state in the U.S. by 2020.
To learn more, visit: www.primehealthco.comhttp://www.primehealthco.com.