“Amazon Web Services (AWS) is creating a new accelerator aimed at the digital health space that will give 10 startups operating in the U.S. a four-week crash course in technical training and business development, and includes a mentorship component.”
“AWS Healthcare Accelerator’s first cohort will be done in partnership with KidsX, a pediatric-focused digital health incubator that launched in September of 2020. However, the new AWS accelerator does not have a pediatric focus, and companies in the accelerator program can cater to any patient population.”
“‘The program is tailored to accelerate growth in the cloud, with a focus on solutions like remote patient monitoring, voice technology, analytics, patient engagement and virtual care,’ Sandy Carter, VP of partners and programs for the worldwide public sector at AWS, wrote in a statement.”
“Carter said the accelerator will be looking for companies that ‘improve patient care, better health outcomes, and lower cost of care.'”
“Applications are currently open and close on July 23…”
WHY IT MATTERS
“Digital health startups are having their day in the spotlight, in part due to the global COVID-19 pandemic. In 2020, Rock Health reported a whopping $14 billion in digital health venture deals. That momentum has not appeared to have stopped. In April, Rock Health reported a record-breaking $6.7 billion in first-quarter funding for digital health companies.”
“But it’s not just investors who are turning toward digital, but also big tech companies, like Amazon. Google, Apple, Facebook and Amazon have all rolled out new digital health-focused initiatives within the last year…” Read the full article here.
Source: AWS looks to digital health with new accelerator – By Laura Lovett, June 21, 2021. MobiHealthNews.
Amazon Web Services (AWS) was named to the list of NXT UP firms poised to make big waves in the Federal sector in 2020 and for years to come.
