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Hospital Innovation Programs Directory

An independent editorial resource published by Lisa T. Miller

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Healthcare company-building profile

Philips HealthWorks

Royal Philips

AcceleratorMedtech acceleratorCorporateInactive or wound down

Source-based profile

Program at a Glance

Program type
Accelerator
Program category
Medtech accelerator
Organization
Royal Philips
Organization type
Corporate
Location
Cambridge, Massachusetts
Company stage served
Not publicly documented
Cohort or participation model
Themed challenge-based cohorts of roughly six months while operating
Investment or funding offered
Not publicly documented
Published investment terms
Not publicly documented
Equity or fee model
Not publicly documented
Clinical or hospital connection
Not publicly documented
Application status
Inactive or wound down
Founded
2016

Public description

About the program

Philips HealthWorks was Philips' health technology startup accelerator, running themed challenge-based cohorts that gave selected startups funding, Philips technology access and go-to-market support. It expanded from Europe to a North American program operating out of Cambridge, Massachusetts. Philips has since folded most external startup engagement into Philips Ventures and the accelerator no longer runs public cohorts.

What the program publicly emphasizes

Focus areas and features

Connected careDigital healthImaging and monitoringPopulation health
  • Category: Medtech accelerator
  • Program structure: Themed challenge-based cohorts of roughly six months while operating

Sources

External source links open in a new tab.

  1. healthworks.philips.com
  2. medcitynews.com
  3. philips.com