Banking & Finance  November 17, 2015

Boomtown teams with medical group for ‘health-tech’ accelerator program

BOULDER — Startup-accelerator Boomtown is teaming with the Colorado Permanente Medical Group to launch a 12-week mentoring program for entrepreneurs who want to launch “health-tech” companies.

Boulder-based Boomtown has selected veteran health-care professional Tom Base to be the managing director for its HealthTech accelerator, which will invest in 10 to 12 startups during 2016. The startups will receive mentoring and seed-stage investments.

Applications for the session are being accepted here.

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“Health-care systems around the globe are in the early stages of a monumental transformation to more innovative, patient-centric and value-based care models,” Base said. “Technology is one of the key drivers that will help us get there. We are very fortunate to partner with such a forward-thinking medical group like CPMG which will provide resources and serve as a validation platform for new and cutting-edge ideas.” Previously, Base was with Foothills Health Solutions, Mental Health Center of Denver and CHDI Management Inc.

Selected startups will benefit from the new Boomtown Connectivity Lab, sponsored by Comcast Labs, which will allow users to access the latest hardware and software in the Internet of Things market — including wearables — explore interactivity and communicate across virtually every major traditional and mobile operating platform. The lab is expected to open next month at Boomtown’s headquarters in Boulder.

Toby Krout, Boomtown’s co-founder and executive director, said he is excited to partner with CPMG. “They have a wealth of knowledge in health and a passion for innovation.”

The Colorado Permanente Medical Group is comprised of more than 1,110 physicians who care for more than 623,000 Kaiser Permanente Colorado members.

The fourth Boomtown is in session. Ninety percent of Boomtown’s first three classes are still in operation, and 78 percent of them are generating revenue, according to a prepared statement.

BOULDER — Startup-accelerator Boomtown is teaming with the Colorado Permanente Medical Group to launch a 12-week mentoring program for entrepreneurs who want to launch “health-tech” companies.

Boulder-based Boomtown has selected veteran health-care professional Tom Base to be the managing director for its HealthTech accelerator, which will invest in 10 to 12 startups during 2016. The startups will receive mentoring and seed-stage investments.

Applications for the session are being accepted here.

“Health-care systems around the globe are in the early stages of a monumental transformation to more innovative, patient-centric and value-based care models,” Base said. “Technology is one of the key…

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