Healthworx Launches New Accelerator Program To Help Scale Healthcare Startups

By Amit Chowdhry • Jul 21, 2024

Healthworx is an agile group of healthcare experts featuring equal parts investment arm, strategic partner, commercialization engine, and launch pad. The team has introduced a reimagined accelerator for healthcare startups seeking funding and mentorship.

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

Healthworx Accelerator offers a new approach to health accelerators. And its 12-week focused curriculum will fast track companies with the knowledge and resources they need to disrupt a crowded healthcare ecosystem.

This program provides expert mentorship from every corner of the healthcare industry, ranging from product development to payer/provider system navigation to marketing. And the Healthworx Accelerator was designed to provide a streamlined insider’s perspective and education that would otherwise take years to acquire, handing each participating company the opportunity to leverage education, mentorship, and networking to increase growth and impact.

The applications for the 2024 Healthworx Accelerator cohort will open next month.

KEY QUOTES:

“The U.S. healthcare system is falling short, and is becoming increasingly expensive and inaccessible for millions. 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 startups stuck trying to break through in the competitive healthcare market.”

“Other programs offer a generalized approach to success, but Healthworx Accelerator should be viewed as the graduate school for startups. Thanks to the marriage of traditional healthcare experience and the deeply rooted goal of solving the problems plaguing our current healthcare system, this program is the best way for innovators in this space to truly make their mark.”

– Doba Parushev, Managing Partner at Healthworx