CVS partnering with MassChallenge, Rock Health to drive health care innovation

IN AN effort to drive health care innovation, CVS Health said it is partnering with startup accelerator MassChallenge and digital health venture fund Rock Health.
IN AN effort to drive health care innovation, CVS Health said it is partnering with startup accelerator MassChallenge and digital health venture fund Rock Health.

WOONSOCKET – In an effort to drive health care innovation, CVS Health said it is partnering with startup accelerator MassChallenge and digital health venture fund Rock Health.
“We know that some of the best digital health innovations are already being developed, so we’ve made partnering a key part of our digital efforts,” Brian Tilzer, senior vice president and chief digital officer for CVS Health, said in a statement on Wednesday. “We have broad scale and resources; MassChallenge offers a competitive startup accelerator program and Rock Health has an impressive portfolio of market-leading companies. By working collaboratively with each, we can rapidly design and test new ideas, ultimately bringing solutions to our customers that will dramatically impact the way they manage their health.”
CVS said that by forming new relationships in key markets – Boston for health care, where it opened a Digital Innovation Lab in June – and San Francisco for technology, it plans to collaborate with organizations to develop health care solutions to helps its “100 million customers proactively and better manage their health care needs.”
Through its digital strategy, CVS Health is focusing on areas including mobile, personalization, connected health and digital therapeutics.

The nonprofit MassChallenge runs startup accelerators in Boston, Israel and the United Kingdom, providing entrepreneurs with mentorship, office space, education, access to its network and other resources during four months of acceleration.
“We’ve seen steady growth in the number of digital health startups that are seeking entrepreneurial resources,” Scott Bailey, managing director of MassChallenge Boston, said in a statement. “We hope that by working with CVS Health, these startups will gain access to an even greater network of resources, helping them to develop their products, make new discoveries and rapidly grow their businesses.”
California-based Rock Health is the first venture fund dedicated to digital health.
“With its unparalleled consumer reach, CVS Health is in a unique position to deeply impact the future of health care in the U.S. and we’re honored they’ve chosen to work alongside Rock Health,” Malay Gandhi, managing director of Rock Health, said.

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