New York Digital Health Accelerator Reveals Inaugural Class | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

New York Digital Health Accelerator Reveals Inaugural Class

October 15, 2012
by Gabriel Perna
| Reprints

The New York eHealth Collaborative (NYeC), the New York City-based not-for-profit organization aimed at improving health IT implementation in the state has announced the inaugural class for its New York Digital Health Accelerator (NYDHA) along with the New York City Fund (Partnership Fund). The NYDHA is a program is the largest-funded health IT accelerator program in the United States, aimed at stimulating development, innovation, and jobs within the state.

The eight early-and-growth-stage companies were selected among 250 applicants across 27 states and 10 countries, each company will be awarded $300,000 and receive mentoring from senior-level executives at leading hospitals and other providers in New York for nine months. Each company says it will open an office in New York State.

“The Accelerator provides much-needed, valuable tools for providers in support of New York State's Medicaid Redesign initiative," New York State Health Commissioner Nirav R. Shah, M.D., said in a statement.  "The initiative, which promotes a shift from the costly fee-for-service model to a more effective and efficient managed care approach, is resulting in better care - at lower cost - for patients across the continuum of care.  The Accelerator is an essential first step to stimulate the market and nurture innovation within the entrepreneurial community.”

The eight companies are: AdhereTx, Aidin, Avado, CipherHealth, Cureatr, MedCPU, Remedy Systems, SpectraMD. The investment capital was provided by a syndicate of investors, including Aetna, Janssen Healthcare Innovation, Milestone Venture Partners, New Leaf Venture Partners, Partnership for New York City Fund, Quaker Partners, Safeguard Scientifics, and UnitedHealth Group. The Empire State Development Corporation, Health Research Inc., and NYeC also provided funds.

Topics

News

Former Health IT Head in San Diego County Charged with Defrauding Provider out of $800K

The ex-health IT director at North County Health Services, a San Diego County-based healthcare service provider, has been charged with spearheading fraudulent operations that cost the organization $800,000.

Allscripts Touts 1 Billion API Shares in 2017

Officials from Chicago-based health IT vendor Allscripts have attested that the company has reached a new milestone— one billion application programming interface (API) data exchange transactions in 2017.

Dignity Health, CHI Merging to Form New Catholic Health System

Catholic Health Initiatives (CHI), based in Englewood, Colorado, and San Francisco-based Dignity Health officially announced they are merging and have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system.

HHS Announces Winning Solutions in Opioid Code-a-Thon

The U.S. Department of Health and Human Services (HHS) hosted this week a first-of-its-kind two-day Code-a-Thon to use data and technology to develop new solutions to address the opioid epidemic.

In GAO Report, More Concern over VA VistA Modernization Project

A recent Government Accountability Office (GAO) report is calling into question the more than $1 billion that has been spent to modernize the Department of Veterans Affairs' (VA) health IT system.

Lawmakers Introduce Legislation Aimed at Improving Medicare ACO Program

U.S. Representatives Peter Welch (D-VT) and Rep. Diane Black (R-TN) have introduced H.R. 4580, the ACO Improvement Act of 2017 that makes changes to the Medicare accountable care organization (ACO) program.