With national healthcare spending projected to grow to $3.6 trillion in 2019, up 4% from $3.5 trillion in 2018, healthcare remains a top issue for Americans. To keep up with the changing world, the healthcare industry needs to change the way healthcare is delivered and the way it’s consumed. Additional opportunity lies in payment reform, increasing transparency in pricing, as well as capitalizing on data and analytics. Launch Health Accelerator powered by Nueterra Capital aims to foster new ideas and support companies that are working on transformative solutions in each of these areas.
LaunchKC has partnered with Nueterra Capital to produce a healthcare-focused accelerator. The accelerator will focus on a minimum of five healthcare startup companies with equity investments into each participating company. Additionally to the equity investments, LaunchKC will be providing $5,000 credits per company in pro bono legal services from Husch Blackwell and $10,000 credits per company for software development with Full Scale. The program will continue to add more professional services throughout the application and judging phases. If selected the companies would locate to Kansas City, Missouri to partake in a 60 day business accelerator to be run by Don Peterson, LaunchKC staff and Nueterra Capital.
LaunchKC has partnered with Nueterra Capital, a healthcare-focused venture capital firm that invests in companies on the leading edge of healthcare reform. Nueterra Capital invests in healthcare providers, services, and technology companies whose business model reshapes the healthcare industry through advanced payment methods, innovative risk transfer models, data analysis, and advocating patient consumerism. Nueterra Capital has offices in Leawood, KS and Nashville, TN. To learn more about Nueterra Capital, visit www.nueterra.com.
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