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Boomtown and Colorado Permanente Medical Group Announce Launch of Colorado’s First HealthTech Accelerator

BOULDER, Colo.–(BUSINESS WIRE)–Today Colorado Permanente Medical Group (CPMG) and BOOMTOWN announced the launch of a specific track for HealthTech entrepreneurs in the BOOMTOWN accelerator. The BOOMTOWN accelerator nurtures selected startups through a 12-week mentoring program and provides a seed-stage investment.

“Healthcare systems around the globe are in the early stages of a monumental transformation to more innovative, patient-centric and value-based care models. Technology is one of the key drivers that will help us get there”

“At CPMG we strive to create opportunities to optimize health so that people can live their best possible lives. We believe that supporting new health and wellness focused technologies enhances our vision for creating healthy communities and for meeting our patients where they are,” said Bill Wright, MD, executive medical director of CPMG.

BOOMTOWN has named veteran healthcare professional Tom Base managing director for the HealthTech accelerator, which will invest in 10 to 12 HealthTech startups during 2016.

“Healthcare systems around the globe are in the early stages of a monumental transformation to more innovative, patient-centric and value-based care models. Technology is one of the key drivers that will help us get there,” said Base. “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,” he added.

Read the full story on BusinessWire.