|[June 24, 2014]
Healthbox Expands to Salt Lake City and Diversifies Industry Partners
SALT LAKE CITY --(Business Wire)--
Healthbox, a leading business accelerator focused on healthcare
technology and technology-enabled companies, today confirmed it is
taking its accelerator program to Salt Lake City this August. Through
partnerships with innovative organizations Intermountain Healthcare and
HealthEquity, in addition to Zion's Bank and BD (Becton, Dickinson and
Company), Healthbox is sourcing companies, regardless of development
stage, that meet the needs of a rapidly changing healthcare industry.
The companies selected for the 16-week program will have unique access
to Healthbox strategic partners, gaining an understanding of the key
challenges plaguing these organizations and how to adapt their solutions
to truly solve these challenges.
"We are thrilled to expand to Salt Lake City and build relationships
with the local community. Utah has one of the fastest growing economies,
and we believe there is a large opportunity to elevate the recognition
of the area's talented healthcare entrepreneurs," says Nina Nashif,
founder and CEO of Healthbox. "As Healthbox continues to grow, it is
important that we commit to communities with both strong local health
economies and an interest in advancing innovation."
Healthbox will collaborate with a portfolio of companies that span from
the ideation phase to those that have already generated significant
revenue and raised rounds of financing. Healthcare entrepreneurs
continue to need support as they scale within a complicated industry,
and the program is able to provide the guidance and introductions to
significantly expedite growth.
"To increase quality and service while containing costs, we need to
expand our thinking and partner with new solutions to drive real
system-wide improvements," says Bert Zimmerli, Intermountain
Healthcare's chief financial officer and executive vice president.
"Through the accelerator, Intermountain Healthcare will be a resource
for the companies on the frontlines of innovation, supporting their
Healthbox Salt Lake City is capitalizing on the intense market pessure
to think differently about how to solve critical challenges in the
industry. In particular, the partnership of Intermountain Healthcare, BD
and HealthEquity is focused on the rising role of the consumer in
healthcare and the applicability of data analyses in improving clinical
decision-making. The need for innovation has never been greater, but
organizations must find technologies that are going to incorporate
easily into established workflows and immediately provide value.
"We are excited to collaborate with a variety of industry organizations
through Healthbox Salt Lake City," says Stephen D. Neeleman, MD, founder
and vice chairman, HealthEquity. "To continue to succeed in this
changing industry, we recognize the need to partner not only with other
healthcare institutions but with emerging companies building solutions
that push our boundaries."
Passionate companies with innovative solutions and eagerness to be part
of the Healthbox community are encouraged to apply. Applications are
open on the Healthbox website through July 20 at http://www.healthbox.com.
Check the Healthbox website, Twitter page and Facebook (News - Alert) page for more
details on timing and additional locations.
is the preeminent source of healthcare innovation and drives actionable
collaboration between inventors, entrepreneurs and the healthcare
industry. Our accelerators offer serious entrepreneurs the candid,
unparalleled healthcare industry access and insight needed to succeed in
a complex marketplace. We also partner with leading healthcare
organizations to advance a culture of idea generation, business creation
and external collaboration. With operations in Boston, Chicago, Florida,
Salt Lake City, Nashville and London, Healthbox is building a strong,
global community dedicated to driving change in healthcare. Healthbox
has a portfolio of more than 50 active companies and strategic
partnerships with more than 20 healthcare organizations.
Intermountain Healthcare is a Utah-based not-for-profit system of 22
hospitals, 185 clinics, a Medical Group with about 1,300 employed
physicians, a health plans division called SelectHealth, and other
health services. Intermountain is widely recognized as a leader in
transforming healthcare through high quality and sustainable costs. For
more information about Intermountain, visit www.intermountainhealthcare.org.
Founded in 2002, HealthEquity is one of the nation's oldest and largest
dedicated health savings custodians. The Company's innovative technology
platform and tax-advantaged accounts help members build health savings,
while controlling health care costs. HealthEquity works with 57 health
plan partners and services more than 1.3 million healthcare accounts for
employees at 25,000+ companies across the United States. To learn more,
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