Eight health care startups will show their products to a team of insurance and health care experts at the Smart Health Innovation Lab in Lancaster next year.
The lab’s 12-week program is taking applications from businesses ready to put their health care products on the market.
Participants will test the products in a simulated hospital room, apartment and doctor’s office and work with experts to reach goals like getting a product into hospitals or creating a reimbursement model with an insurer.
“If you have a market-ready product that solves a challenging care delivery problem in health care, we want to hear from you,” the lab wrote on its LinkedIn page last week. “Work with our unique team of experts to build your product’s commercialization plan, and finalize clinical workflows and reimbursement strategies.”
Harrisburg-based Capital BlueCross opened the lab in 2018 through a partnership with Lancaster General Health, Aspire Ventures, a Lancaster-based venture capital firm, and Clio Health, a health care provider looking to build a campus in Lancaster.
The lab was created to help accelerate health care technologies that can have trouble finding a foothold with providers or find coverage by insurances.
An early graduate of the program was Quebec-based Emovi, which joined the program to get help with breaking into the American market with KneeKG, a technology that measures a patient’s knee in 3D while it’s moving.
The lab is located at 100 N. Queen Street and plans to begin work with the eight startups it chooses in 2020.