Each month, we round up breaking news featuring 1501 Health, our cohort companies and partners.
July features a recap of the 1501 Health Cohort Showcase + Demo Day from The Daily Record and thoughts from our new Co-Manager, Soo.
“1501 Health Graduates First Cohort of Innovators”
The Daily Record | July 10, 2022
1501 Health, an incubator for health care startups, graduated its first cohort of participants May 17 as the companies take the lessons from their intensive, accelerated year of business development, networking and mentorship and pitch their innovative solutions to investors.
The graduating cohort includes two Maryland and three California-based companies. Over the past year at 1501 Health, these companies have expanded their products, customers, and funding. Now, the cohort is ready to talk to other investors and partners to further evolve their work.
“The Significance of Trying: Advice from our 1501 Health Co-Lead”
Healthworx | July 8, 2022
Soo Jeon never thought she had a career in healthcare, until she followed her instinct to try.
As the new co-lead for 1501 Health, we asked Soo to give us all the details on how she found her way into the healthcare industry, what excites her about 1501 Health, and the advice she has for startup founders.
Q: Given your background as a founder, do you have any advice to share with entrepreneurs in healthcare?
First off, every founder should know that even just trying is unbelievable. It’s so brave, daring, and respectable to combat a huge problem. Taking a little healthy risk is necessary to succeed.
That’s why I'm in this program. To encourage entrepreneurs to continue pushing boundaries and ask daring questions, because there's potential and space for all.
Every startup founder know that every day is a new game but having the right expert and peer mentors by your side can make all the difference, much like the dynamic within the 1501 Health ecosystem.
To learn more about our 1501 Health program, head here.
About 1501 Health
1501 Health is a unique partnership between Healthworx and LifeBridge Health, representing expertise in both health insurance and financing (payers) and healthcare delivery and services (providers). The investment and incubation program empowers entrepreneurs to get their innovative solutions to market and expand their impact in healthcare quality, access and affordability. To learn more about 1501Health, visit www.1501Health.com.
Healthworx operates at the intersection of healthcare and innovation by creating, co-creating and investing in companies that are improving healthcare quality, accessibility, affordability and equity. As the innovation and investment arm of CareFirst, Healthworx envisions a healthier future for all people by changing the way health works. To learn more about Healthworx, visit https://www.healthworx.com.
About LifeBridge Health
LifeBridge Health is one of the largest, most comprehensive providers of health services in Maryland. LifeBridge Health includes Sinai Hospital of Baltimore, Northwest Hospital, Carroll Hospital, Levindale Hebrew Geriatric Center and Hospital, Grace Medical Center and related affiliates. For more information, visit www.lifebridgehealth.org.