LifeBridge Health system and Healthworx, the innovation and investment arm of health insurer CareFirst BlueCross BlueShield, have debuted a new startup incubator near Baltimore, Md.
The incubator, called 1501 Health, takes its name from its home address. It aims to provide access to expertise and resources from both the health care provider and insurance sides of the industry. Companies selected to participate in the incubator program will receive up to $100,000 in investment, along with mentorship and support from experts within LifeBridge and CareFirst. They will also participate in networking and educational events with other startups, investors and stakeholders. Read More: BizJournals