1501 Health
HealthTech & MedTech · Run by Healthworx (CareFirst BlueCross BlueShield) and LifeBridge Health · Baltimore, MD
Every field is checked against a primary source where we can. How we verify.
The facts
All fields verified Jul 22, 2026- Terms model
- Equity for cashInvests cash in your company and takes equity (an ownership stake) in return.
- Investment
- up to $125,000
- Equity taken
- Not publishedYear-long incubation + investment program: up to $125k per startup paid quarterly on progress, invested either on the terms of a concurrent priced/lead-investor round or via a standard SAFE (equity % therefore varies; null). Site fetched July 2026 still says 'Applications are Currently Closed' referencing the 2023 cohort; latest cohort announcement found was cohort 3 (Feb 2023, 8 startups). DEADLINE/STATUS NOTE: Marked possibly_inactive: no cohort announcement found after Feb 2023 and program site references the 2023 cohort as most recent; could not confirm a 2024-2026 cohort.
- Program length
- 52 weeks
- Format
- Hybrid
- Location
- Baltimore, MD
- Cohorts per year
- 1
- Cohort size
- 5-8
- Stage focus
- early-stage healthcare
- Sub-vertical
- Not published
- Demographic focus
- Not published
- Backers
- CareFirst BlueCross BlueShield, LifeBridge Health
- Notable alumni
- Not published
Terms notes: Year-long incubation + investment program: up to $125k per startup paid quarterly on progress, invested either on the terms of a concurrent priced/lead-investor round or via a standard SAFE (equity % therefore varies; null). Site fetched July 2026 still says 'Applications are Currently Closed' referencing the 2023 cohort; latest cohort announcement found was cohort 3 (Feb 2023, 8 startups). DEADLINE/STATUS NOTE: Marked possibly_inactive: no cohort announcement found after Feb 2023 and program site references the 2023 cohort as most recent; could not confirm a 2024-2026 cohort.
Get HealthTech & MedTech deadline alerts
One digest a week. Deadline alerts only for verticals you pick. Unsubscribe anytime.
Terms in plain English
1501 Health is a year-long incubation and investment program in Baltimore run by Healthworx (CareFirst BlueCross BlueShield) and LifeBridge Health. Its published deal is up to $125,000 per startup, paid out quarterly based on progress, invested either on the terms of a concurrent lead-investor round or via a standard SAFE, with no exclusivity and no restrictions on future fundraising. The time commitment is light, a few hours a month of events and meetings. Note that these are the terms from the last active cycle; the program has not announced a new cohort since 2023.
Who this is actually for
Early-stage healthcare startups that want payer and health-system partners in the mid-Atlantic, particularly those who could pilot with CareFirst or LifeBridge. Because no cohort has run since 2023, do not build your fundraising or pilot timeline around this program without confirming directly that it will run again.
Application windows
No application window is on record for this program yet. Check the official website for the next cohort.
Compare this program
Put 1501 Health side by side with up to two others to weigh cash, equity, and timing.
Compare 1501 HealthGuides that explain these terms
Plain-English mechanics, with worked hypothetical numbers.
More like 1501 Health
Sources
Everything above was checked against these, verified Jul 22, 2026.
- https://www.1501health.com/
- https://www.healthworx.com/blog/eight-healthcare-startups-selected-for-1501-health-incubator-in-most-competitive-cohort-yet
- https://www.healthworx.com/blog/event-recap-1501-health-graduates-seven-companies-and-welcomes-new-class-of-innovators
- https://www.prnewswire.com/news-releases/healthworx-partners-with-highmark-inc-lifebridge-health-for-new-accelerator-program-302205388.html