Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Baltimore, MD-based Healthworx, which describes itself as an agile group of healthcare experts that is equal parts investment arm, strategic partner, commercialization engine, and launch pad, is introducing its reimagined accelerator for healthcare start-ups seeking funding and mentorship.

The Healthworx Accelerator, formerly known as 1501 Health, will equip start-ups with the tools and knowledge they need to break into and grow within complex, entrenched healthcare markets. The program is designed to help new healthcare ventures who have seen some traction to bridge the gap and fully establish themselves in a sector that is traditionally dominated by large corporate powers.

“The U.S. healthcare system is falling short, and is becoming increasingly expensive and inaccessible for millions,” said Doba Parushev, Managing Partner at Healthworx. “Healthworx Accelerator will serve as a strategic partner as corporations start to overhaul the system and provide higher-quality, more affordable care to Americans while also serving as a catalyst for start-ups stuck trying to break through in the competitive healthcare market.”

The program provides expert mentorship from every corner of the healthcare industry, ranging from product development to payer/provider system navigation to marketing. Healthcare is historically heavily nuanced in a way that makes early traction for innovators nearly impossible. As such, Healthworx Accelerator was intentionally designed to provide a streamlined insider’s perspective and education that would otherwise take years to acquire, ultimately handing each participating company the opportunity to leverage education, mentorship, and networking to increase growth and impact.

Applications are opening this month. In the meantime, those interested can review the Accelerator Program Guide at this link.

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