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Techniker health insurer becomes first co-founder of Health Innovation Port

Philips' Health Innovation Port becomes Hamburg's first co-working hub for e-health - start-ups and people in health sector come together

The health insurer Techniker Krankenkasse (TK) is to become co-founder of Hamburg’s first “Health Innovation Port” (HIP) or co-working hub focusing on e-health and medical technology in Philips Deutschland headquarters, a press release said Monday. So far, five fledgling start-ups have set up their companies in HIP.

Dr. Jens Baas, CEO of TK, said: “We are delighted to be the first co-founder of HIP. Knowledge and contacts are very important for start-ups to establish their innovations on the first health market.” TK is also offering an accelerator programme for start-ups in 2017. During a 100-day boot camp, TK mentors will advise three select teams of founders on how to further develop their ideas.

Power of innovation meets know-how

Start-ups can find ideal framework conditions at Philips 24/7, spread across 1,000 square metres of office space with modular, state-of-the art facilities and infrastructure as well as laboratories. Up to 50 people can work there. Various partners such as Techniker Krankenkasse and the Free and Hanseatic City of Hamburg are funding collaborations and helping start-ups gain contacts to hospitals, universities and other firms. Philips gains more innovative power and speed in return.

Peter Vullinghs, Managing Director of Philips GmbH Market DACH, said: “We have the Techniker Krankenkasse, Germany’s biggest statutory health insurer, at our side. An essential part of health care in future is creating improved and more affordable care models that are adjusted to demographic change.”

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