New partnerships strengthen CVS Health's Boston ties
CVS Health will partner with startup accelerator MassChallenge and digital health venture fund Rock Health to drive innovation for connected health solutions.
CVS Health announced its Digital Innovation Lab in June.
“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,” said Brian Tilzer, CVS Health's senior vice president and chief digital officer, in a release. “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.”
As part of its digital strategy, CVS Health is focusing on innovation areas including mobile, personalization, connected health and digital therapeutics.
The relationship with MassChallenge will help CVS Health further its connections in the Boston technology community, according to the release. MassChallenge runs startup accelerators in Boston, Israel and the U.K., designed to connect high-impact startups with the resources they need to launch and succeed. Through the partnership, high-potential startups will have access to CVS Health’s resources to help facilitate the development of the next generation of customer-centric products.
California-based Rock Health is the first venture fund dedicated to digital health. The two organizations plan to share each other's resources to "deepen relationships with key stakeholders that share the goal of solving today’s healthcare challenges."