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20 Digital Health Accelerators to Know for 2022 (US and Remote)

A list of the top digital healthcare accelerator programs in the US or with a virtual option

By Derek Strauss (COO)
July 8, 2022
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Top digital health accelerators graphic

In addition to our first piece about digital health communities, we're helping you build out a Digital Health Toolkit to help you launch and scale your startup. You might also find our companion piece on digital health incubators to be helpful.

This article will showcase the Top 20 U.S. and Virtual accelerators that are specific to digital health or that have a digital health-related program. 

Our next article will highlight the Top 10 Digital Health Incubators, and future pieces will help you with how to think about deciding which tools you should consider when building your company.

We're including Techstars and MassChallenge because of our experience with those programs. Others are based on feedback we've heard from other founders, forums, and discussions.

We'd be happy to provide feedback about these specific programs, and if you think Tellescope could help you build out or scale your patient management workflows we'd love to chat. Reach out to us at: inquiries@tellescope.com

 

Accelerators in alphabetical order:

AWS

AWS Healthcare Accelerator

Overview: The AWS Healthcare Accelerator is a 4-week virtual program is suited for U.S.-based healthcare startups or international healthcare startups that have existing U.S. operations that have established product-market fit with existing customer and revenue. The program is aimed at improving patient experience, clinician experience, better health outcomes, and lower cost of care. 

Typical Stage of Companies: Seed, Series A, Series B

Program Terms: Equity Free

Notable Program Companies: b.well, OneRecord, GYANT, AIVA

 

Cedars Sinai

Cedars Sinai Accelerator

Overview: Based in Los Angeles, CA, the Cedars-Sinai Accelerator supports the growth and development of early-stage companies focused on improving healthcare and healthcare delivery.

Typical Stage of Companies: Pre-Seed, Seed, Series A

Program Terms: $100k convertible debt note with a $5 million cap and no discount.

Notable Program Companies: NarrativeDx, WELL Health, Noteworth, Lumeon, GYANT, AIVA

 

Dreamit HealthTech

Dreamit HealthTech

Overview: Dreamit Healthtech focuses on digital health, medical device, and diagnostics startups. Dreamit company founders have myriad opportunities to meet, pilot, and partner with leading health systems, payers, pharmaceutical companies, medical device manufacturers, and self-insured employers. 

Typical Stage of Companies: Startups that are ready to scale and have early revenue or pilots

Program Terms: Up to $500k investment

Notable Program Companies: Eko, Redox, Wellth, Nueroflow, Sana

 

Health Wildcatters

Health Wildcatters

Overview: 12-week program that begins in late August and ends in the beginning of November. The accelerator program is a fast and furious time period in which Health Wildcatters connects you to our vast network of mentors and investors and presents a diverse curriculum to accelerate the startups growth.

Typical Stage of Companies: Pre-Seed, Seed

Program Terms: $30k for 8% equity and an opportunity for a follow on convertible note for up to a $380k maximum potential investment

Notable Program Companies: A LaRue Company, ClaraPrice, Health Haven Rx

 

HealthTech Arkansas

HealthTech Arkansas

Overview: 

Virtual accelerator and early-stage investment fund that guarantees at least two pilot projects or clinical trials for each early-stage company admitted to the program. These pilots are conducted by the 12 provider organizations in our statewide coalition. They target three areas of healthcare innovation: digital health (software), medical devices and diagnostic platforms. Their program is for providers and by providers, so they seek technologies that can improve their providers’ operations by improving quality of care, enhancing efficiencies, reducing costs, etc. 

Typical Stage of Companies: Need to have already raised $500K in external capital and be ready to conduct a pilot project on Day 1 of the program

Program Terms: $75k SAFE or convertible note

Notable Program Companies: Lumi Health, Ejenta, OMNY Health, Health Note

 

HealthTech Product Accelerator by Benestudio

HealthTech Product Accelerator by Benestudio

Overview: Non-equity, online HealthTech Product Accelerator by bene : studio. In contrast to other business accelerators, they focus exclusively on the enhancement of your design and technology, providing excellent, time-efficient results.

Typical Stage of Companies: Designed for advanced startups with $1M+ yearly revenue or overall funding

Program Terms: Equity Free, $400 to $5.5K cost(100% money-back guarantee)

Notable Program Companies: Lifecuff Technologies

Innovaccer Innovation Accelerator

Innovaccer Innovation Accelerator

Overview: The Innovation Accelerator program involves 14 digital health partners. Their solutions will be promoted and available to Innovaccer’s health system customer base. The arrangement will allow innovators to create interoperable solutions and enhancements that leverage the Innovaccer Health Cloud’s ability to collect, connect, and activate healthcare data from a variety of sources, including EHRs, HIEs, payers, pharmacies, and labs.

Typical Stage of Companies: Series A, Series B, Series C

Program Terms: N/A

Notable Program Companies: RubiconMD, PatientPing, Suki, PeerWell, Perception Health, Wysa

 

Jumpstart Foundry

Jumpstart Foundry

Overview: Jumpstart Foundry, is a Nashville-baed program with a goal for companies to make something better in healthcare. They are able to do this through investing in top healthcare startups and their founders that have the skill, expertise, and drive to bring real solutions to the healthcare industry. 

Typical Stage of Companies: Pre-Seed

Program Terms: $150,000 SAFE (simple agreement for future equity) with a $2M or $4M valuation cap, in exchange for a one-time $50k membership fee for their value-added services. This means $100k lands in your bank account and a slew of services at your fingertips.

Notable Program Companies: Welnys, Live Chair Health, Lena Health, elly, Samaritian, Uptime Health, Clearstep

 

KidsX Accelerator

KidsX Accelerator

Overview: KidsX brings together the top children’s hospitals and talented digital health companies to build, test and deploy software solutions to make pediatric care exceptionally effective, safe, efficient and convenient for children and families.

Typical Stage of Companies: Ideally seed stage companies with 12-18 months of runway. However, they also accept later stage companies who are interested in validating their products and/or business models in the pediatric market.

Program Terms: Equity Free

Notable Program Companies: Kiddo, Kintsugi, Dock Health, Rose Health, Limbix, WELL Health

 

Launch Lane Digital Health

Launch Lane Digital Health

Overview: Launch Lane is a Philadelphia-based program that helps tech and tech-enabled digital health startups transition from prototype to sales and customer acquisition. The accelerator utilizes an anonymous application to de-bias the selection process. This proven methodology has resulted in over half of their participants being women or minority-led and with 85% of participants still in business.

Typical Stage of Companies: For companies that have a product or prototype built but is looking for ways to grow, commercialize, and expand operations and revenue.

Program Terms: $50k uncapped SAFE

Notable Program Companies: Kiira Health, Maia, Lara Health, Clinicor, Neuralert,  PopCheck Technologies

 

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MassChallenge HealthTech

MassChallenge HealthTech

Overview: To support digital health startups, the City of Boston, MeHI, MACP, and MassChallenge established the digital health innovation hub MassChallenge HealthTech. At MassChallenge HealthTech, we work to accelerate high-impact digital health startups by forming partnerships with industry-leading Champions. Every startup at MassChallenge HealthTech receives at least one partnership through our matchmaking process (MCHT startups average over three partnerships each).

Typical Stage of Companies: To be eligible, you must be a digital health startup that has less than $10M in funding and less than $10M in revenue.

Program Terms: Equity Free

Notable Program Companies: Carium, HeyRenee, Juli, Kintsugi, Patientory

 

MedTech Innovator

MedTech Innovator

Overview: The Accelerator commences with the MedTech Innovator Summit in San Francisco in June and concludes in  October at The MedTech Conference in Boston. Opportunities include networking, workshops, and pitching to investors, manufacturers, providers. In addition to receiving the above Showcase benefits, Accelerator companies will be assigned mentors from one or more of MedTech Innovator’s corporate partners, receive complimentary AdvaMed Accel membership for 2022, and compete for up to $500,000 in non-dilutive cash prizes and awards including incubator space from Johnson & Johnson Innovation – JLABS. 

Typical Stage of Companies: Early- to mid-stage medical device, diagnostic or digital health companies who have not yet closed a Series B.

Program Terms: Equity Free 

Notable Program Companies:  Cooler Heads, Pops Diabetes Care, Senzo, Tasso, Sana Labs

PharmStars

PharmStars

Overview: 

PharmStars is a 10-week pharma-focused accelerator for digital health startups, dedicated to driving digital health adoption to improve patient outcomes. They educate and mentor digital health startups seeking engagement with pharma and biotech firms. They are supported by pharma members who are committed to working with startups that graduate from our accelerator.

    

Typical Stage of Companies: Startups should have a prototype or product developed which they are ready to offer pharma

Program Terms: Equity Free, $2.5k Program Fee

Notable Program Companies:  Nori Health, Liyfe, Prsim Analytic Technologies, Tag.bio

 

Prosper HealthTech Accelerator

Prosper HealthTech Accelerator by gener8tor

Overview: The Prosper HealthTech Accelerator is a 12-week program in Birmingham, Alabama. Prosper is a coalition of community, civic and business leaders committed to creating a more vibrant and racially inclusive economy. Core to every action by Prosper is whether the action is equitable and whether it will invest in Birmingham’s Black community and women.

Typical Stage of Companies: Early-Stage

Program Terms: $60K in exchange for 6% common stock equity.

Notable Program Companies: N/A, first year of program is 2022

StartX Med

StartX Med

Overview: StartX Med is a medical vertical of StartX focused on accelerating the development of Stanford's top medical entrepreneurs through experiential education and collective intelligence. If your team does not have Stanford-affiliation you are still able to join as a "Visiting Founder".

Typical Stage of Companies: Idea and Early-Stage

Program Terms: Equity Free

Notable Program Companies: Lark, Remedly, Tombot, Spect

 

TMC Health Tech Accelerator

TMC Health Tech Accelerator

Overview: Through their 6-month Accelerator, emerging digital health and medical device startups have access to the world’s largest medical city. The TMC Innovation team enables connectivity to mentors, service providers, clinical champions, and corporate partners who share the commitment of improving access, quality, and cost of healthcare.

Typical Stage of Companies: Early-Stage

Program Terms: N/A

Notable Program Companies: Lena Health, Koda Health, NeuraStasis, VastBiome

 

UnitedHealthcare Accelerator

United Healthcare Accelerator (Previously UnitedHealthcare Accelerator Powered by Techstars)

Overview: The 4-month Minneapolis-based program is designed to help you accelerate your business through a combination of in-person and virtual sessions. You will gain access to relevant curriculum and an unparalleled network of collaborators invested in your success.

Typical Stage of Companies: Pre-Seed, Seed, Series A

Program Terms: $50,000 uncapped SAFE

Notable Program Companies: Clearstep, River Health, Kintsugi, Spora Health, Vincere, Koda Health, Tellescope, Kiddo, Clinify, Ruth Health

 

WhatIf Ventures Fellowship

WhatIf Ventures Fellowship

Overview: Their 8-week accelerator program offers a powerful community of investors, entrepreneurs, advisors, payers, and providers to help build and facilitate advancement of digital health and behavioral health businesses. They have a builder track for people who have identified a problem worth solving, who know what they want to build or have built it with initial traction and revenue. Additionally, their Explorer program is for those who want to help people with mental health, but you don’t know exactly what they want to build yet. 

Typical Stage of Companies: Pre-Idea Stage, Idea-Stage, Pre-Seed

Program Terms: Equity Free, $2.5k for the 8-week accelerator program. Discounts are available for the Explorer program.

Notable Program Companies: Healium, uMore, SelfSci, MiResource, MixLife

 

XLerateHealth

XLerateHealth

Overview: XLerateHealth is 12-week enterprise-focused accelerator that helps early stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers, Providers (hospitals, ACOs, nursing homes, home health and group practices), and customers (employers and/or consumers).

Typical Stage of Companies: MVP-built, Pre-Seed, Seed
Seed

Program Terms: Takes up to 2% equity

Notable Program Companies: Repaytient, RxLightning, Thrive365, Telasight

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Originally published: March 1, 2022
Last updated: July 8, 2022