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Healthcare IT Accelerator Launched
Date:2/24/2012

CLEVELAND, Feb. 24, 2012 /PRNewswire/ -- The Health IT Accelerator (H.I.T. Accelerator), designed to grow health care IT companies in the Cleveland region, is being launched today by BioEnterprise in partnership with a number of Cleveland region health care, research, and medical payer organizations.  The novel platform for emerging companies recognizes the growing interest in and opportunities for IT entrepreneurs in the health arena.

"The H.I.T. Accelerator is a new approach to growing the region's health IT companies.  It harnesses the expertise of the region's health care leadership to assist emerging companies," said Baiju R. Shah, President & CEO of BioEnterprise.  "The focus is on assisting companies by providing them access to customers and business advice, putting them in a better position to continue to grow their ventures."

The H.I.T. Accelerator provides emerging health IT companies access to IT executives and decision-makers at their targeted customers, including Cleveland Clinic, University Hospitals, Summa Health System, MetroHealth System, Akron General, SummaCare, Medical Mutual, and Case Western Reserve University.   The organizations will provide critical feedback and also engage with selected companies for demonstration projects.  In addition, selected companies will receive entrepreneurial assistance and mentoring by BioEnterprise, including support for business development and fundraising. 

"Receiving feedback from national leaders - such as the H.I.T. Accelerator institutions - is the acid test of an emerging company's product or service," said Tim Kulbago, President and CEO of ImageIQ, a Cleveland health care IT start-up.  "Armed with advice from the H.I.T. Accelerator, an emerging company can make better-than-ever strategic business decisions, knowing the advice came from objective, knowledgeable industry leaders."

"Medical Mutual of Ohio sees tremend
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