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Healthbox Expands to European Startups

Healthbox is known for helping new business startups by providing them with seed capital. The company has recently announced it would be expanding its services to London. In July, Healthbox began the search for health tech startups that will bring change to health care in Europe.

They hosted the first of many events across Europe to bring in potential startups, and the final selection was set to take place in September. The startups that were selected are set to receive £75,000 of seed capital, access to Healthbox’s mentors, wider industry network,  and access to Healthbox’s London offices.

Commenting on the launch of Healthbox’s accelerator in London, Nina Nashif, Founder of Healthbox, described why London was chosen to be the hub in Europe, and her feelings about the program:

London was the obvious place to come be part of the UK’s world-renowned academic institutions, science and tech traditions as well as being a gateway to the rest of Europe. It is the natural seedbed for new, passionate entreprenerus looking to grow their ideas. We are looking forward with some amazing people. Healthcare has traditionally been a challenging sector for innovation because by its very nature it has been risk averse. Healthbox has developed a new ecosystem and culture for stimulating change by bringing together early-stage companies with strategic organisations, individuals and investors who mutually benefit from working together on new ideas that transform health. We believe in the power of having a global network for exchange of ideas and learning.

There are several firms that are supporting the program, which include Bupa and Secro and Zone Digital, and there will be mentors from companies such as Care UK, Novo Nordisk, Dell, Deloitte, and DocCom.

October 12, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

EHR Related Stocks Up 82% Since EHR Stimulus Package

If you’re like me and work in the healthcare IT industry, you know that we’re in a really amazing environment right now. Turns out, healthcare IT related companies are enjoying the EHR stimulus money from the HITECH act as much or more than anyone else.

In an analysis by USA Today, they found that since 2009, the healthcare IT related companies stock value increased by an average of 82%. 11 of the 45 companies they analyzed they increased by a combined total of at least $20 billion since the HITECH act was passed.

They also break down how much each healthcare IT and EHR related stock increased since the HITECH act took effect:

  • 194% for Cerner;
  • 134% for Allscripts Healthcare Solutions;
  • 105% for Computer Programs and Systems;
  • 105% for McKesson;
  • 96% for Siemens;
  • 89% for UnitedHealth Group;
  • 83% for Accenture;
  • 55% for athenahealth;
  • 51% for Dell;
  • 34% for General Electric.
  • During that time, the stock value for Quality Systems dropped by 3%

Some pretty amazing numbers. Plus, it’s interesting to think that the stimulus money is just getting started. Greenway EHR users have gotten $5 million and Cerner EHR users have gotten well over $2.2 million in EHR incentive money.

I’m not stock analyst, but I’m sure these stocks will continue to grow in this frothy healthcare IT environment.

November 22, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.