Have an idea for a health care startup?

DreamIt, UPenn, and IBC offer you an unfair advantage.

I sit down now and then with Roy Rosin at the East coast hub of health care business networking, the Gryphon Cafe in Wayne, PA. (I’m saying that only slightly tongue in cheek.) Roy was the long-time Chief Innovation Officer at Intuit and now holds that role with the University of Pennsylvania Health System. Our conversations tend to be wide ranging, but this morning he let me know that he’s been working on a partnership between Penn Medicine and Independence Blue Cross to fund a health care incubator with DreamIt Ventures in Philadelphia.

If you are working on a health-related startup this is worth your time because it’s being funded by the largest provider and payer in the region. This will give your startup access to both sides of the payer/provider equation in a meaningful way (the aforementioned “unfair advantage”). The application deadline is coming up fast on February 8. Details can be found here.

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  • http://www.unitedvirtualoffice.com/ David Nikolic

    Jim i think, things like-Sufficient funds, Talk with other doctors who have successful operating Medical Startups, Join associations, Know your strengths and weaknesses, Watch your expenses, Determine what need your Medical startup meets, Know your cash flow, Do it because you want to do it, Don’t hire family and friends, Don’t forget about regulatory and insurance issues should be considered for health startups.