To celebrate the start of many new chapters for 1501 Health, we gathered on April 11 to graduate our second cohort and officially welcome our third cohort.
CareFirst president and CEO Brian Pieninck welcomed the crowd by reflecting on the purpose of our incubator program saying, “We’ve got to give space to new opportunities, new ideas, new perspectives, stronger representation from a broader scope of the community in order to have the impact that we want and need to have in healthcare to drive a better future and better outcomes.
Not all of the best ideas, not all of the greatest value, not only all the biggest impact will come from existing players.”
We were glad to have our cohort one alums, David Black and Heather Townsend of Even Health, back at our headquarters to host our Q&A session, where cohort 2 shared their hot takes and perspectives in healthcare innovation.
Graduating cohort 2 companies include: Candoo Tech, Health in her HUE and Lantern of New York, Flowly of Los Angeles, Frame Fertility of San Francisco, Ryse Health of Arlington, Va. and Baltimore, and Xploro of Cleveland, Ohio.
The third cohort was chosen from a competitive pool of 147 international applicants, including Athelo Health of Nashville, Tenn., CareAdvisors of Chicago, Ill., Delfina, Gritwell and Mighty Health of San Francisco, MapHabit of Atlanta, Ga., Tembo Health of New York, and Visana Health of Minneapolis.
Our event was covered in a few local media outlets below:
1501 Health celebrates health care’s newest innovators - The Daily Record | April 26, 2023
National Healthcare Incubator Graduates 7 Startups, Welcomes 8 More - Citybizlist | April 12, 2023
To get more insights about our 1501 Health cohorts, head here.
About 1501 Health
1501 Health is a unique partnership between Healthworx and LifeBridge Health, representing expertise in both health insurance and financing (payers) and healthcare delivery and services (providers). The investment and incubation program empowers entrepreneurs to get their innovative solutions to market and expand their impact in healthcare quality, access and affordability. To learn more about 1501Health, visit www.1501Health.com.
Healthworx operates at the intersection of healthcare and innovation by creating, co-creating and investing in companies that are improving healthcare quality, accessibility, affordability and equity. As the innovation and investment arm of CareFirst, Healthworx envisions a healthier future for all people by changing the way health works. To learn more about Healthworx, visit https://www.healthworx.com.
About LifeBridge Health
LifeBridge Health is one of the largest, most comprehensive providers of health services in Maryland. LifeBridge Health includes Sinai Hospital of Baltimore, Northwest Hospital, Carroll Hospital, Levindale Hebrew Geriatric Center and Hospital, Grace Medical Center and related affiliates. For more information, visit www.lifebridgehealth.org.