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MA Invests $250K in Digital Health Innovation

The state’s digital health innovation investments will help to meet the growing demand for telemedicine and mHealth care.

MA invests $250k into digital health incubators

Source: Thinkstock

- The Baker-Polito Administration of MA is offering a sum of $250,000 to support designated Digital Health Innovation Labs within the state.

This is the second investment the governor's office has made as part of the Massachusetts Digital Health Initiative (DHI), which is used to support two digital health incubators in the state.

Of the total, $170,000 will go to the [email protected] hub in Boston while the remaining $80,000 will support Baystate Health’s TechSpring technology innovation center in Springfield.

The new awards are part of the state’s digital health Marketplace Program, which is an effort to build stronger ties between the region’s digital health innovators and healthcare customers.

“Both of these organizations are having real impacts when it comes to growing the digital health sectors in Eastern and Western Massachusetts,” said MA Housing and Economic Development Secretary Jay Ash. “We’re excited not only for the economic potential that these digital health startups hold for Massachusetts, but also the potential of their innovations to impact patients around the globe.”

Investments in digital health by state and local governments can play a significant role in promoting the use of advanced digital health tools. Financial support from these governments can promote the use of advanced treatment methods by providers, allow healthcare organizations to meet consumer demands, and provide accelerated care delivery to those who need it most.

Institutions such as hospitals see that digital health tools can help ease their operational burdens and promote online-driven health services for their patients. Recent data shows that 83 percent of healthcare organizations plan on investing in telehealth and mHealth tools in the near future.

Providers themselves are relying on telemedicine to enhance inpatient and outpatient services through remote patient monitoring, digital concierge services, and expanded counseling for treatments. According to HIMSS, 71 percent of providers have adopted some form of telemedicine or digital monitoring to care for their patients.

Previously, the governor's office made an investment of $10 million, as part of the DHI, in a digital health lab and medical device lab at Worcester Polytechnic Institute. The new investments are a continuation of the state’s financial commitment to harbor mHealth and digital health innovation.

“The Digital Health Initiative and our investments in these lab spaces will ensure Massachusetts can continue to be a leader in advancing technological innovation, economic growth for our residents, and better health care opportunities for patients around the globe,” said Governor Charlie Baker. “We look forward to continuing our work with the Digital Health Council and the advancements that will come from their collaboration with the growing number of digital health firms in Massachusetts.”

“Massachusetts is home to world-class hospitals, medical research institutions and universities that play a vital role in the future of healthcare,” continued Lieutenant Governor Karyn Polito. “Massachusetts has the ability to continue to attract this growing sector, shaping the future of the healthcare industry and creating new job opportunities for residents across the Commonwealth.”

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