In 2019, a collaboration between LifeBridge Health, a Baltimore-based healthcare system, and Healthworx, the innovation division of CareFirst BlueCross BlueShield, resulted in the establishment of a startup incubator called 1501 Health. The Canton-based incubator for healthcare solutions recently announced the eight companies, whose innovations span such fields as oncology and behavioral health, in its latest cohort.
Soo Jeon, the incubator’s co-lead, said that the latest group was selected from a pool of 147 highly qualified applicants — the largest in the incubator’s history. The incubator is not restricted to Baltimore-based companies, which had no presence in this cohort.
“We’re looking for the companies that fill the most important gaps for the members and patients who we serve in the region, so these happened to be the best potential solutions and innovations for those we serve in greater Baltimore,” explained Emily Durfee, the co-manager of the cohort and Healthworx’s director of corporate venture capital, to Technical.ly.
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