National Business Incubator Association Names WellDoc® Outstanding Incubator Graduate Company of the Year

WellDoc’s Innovative Technology Solutions selected from Baltimore’s incubator, Emerging Technology Centers

BALTIMORE--(EON: Enhanced Online News)--WellDoc^®, a healthcare company that develops technology solutions to help improve the management of chronic disease, today announced that they have been named as the “Outstanding Incubator Graduate Company of the Year” by the National Business Incubation Association (NBIA) at their annual conference on business incubation in San Jose. WellDoc is a graduate of Emerging Technology Centers (ETC), Baltimore City’s incubator, which was also a finalist for the "Incubator of the Year" award.

“Our goal is to help technology companies like WellDoc move faster and further than they can on their own. We are proud to play a part in their successes.”

“We are thrilled to have been singled out from thousands of international companies for this award,” said Ryan Sysko, CEO of WellDoc. “ETC provided us the right connections, a great location, and services that have contributed to our success in improving the lives of patients with chronic disease.”

By deploying clinical and behavioral technology solutions across web and mobile platforms, WellDoc engages patients and enhances clinical outcomes. The company’s flagship product, DiabetesManager^®, is the first mobile health (mHealth) solution to be clinically validated and cleared by the Food and Drug Administration (FDA) for physician clinical decision support and real-time, automated patient coaching for adults living with type 2 diabetes.

“WellDoc is a great role model for other companies and entrepreneurs,” said Ann Lansinger, president of ETC. “Our goal is to help technology companies like WellDoc move faster and further than they can on their own. We are proud to play a part in their successes.”

In recent years, WellDoc has expanded operations by rapidly growing their headquarters in Baltimore and by acquiring and integrating both a software development company in Bangalore, India and Oncology Home Health Specialists, Inc. Furthermore, WellDoc has announced collaborations with large-scale commercial companies including AT&T^®, who is currently marketing and selling the WellDoc DiabetesManager across the healthcare ecosystem, including to payers, self-insured employers and disease management organizations. Under this collaboration, it was recently announced that Health Care Services Corporation (HCSC), the fourth largest health insurer in the United States and an operator of Blue Cross Blue Shield plans in several states, will initiate a DiabetesManager program as part of AT&T mHealth Solutions. WellDoc also announced the first mHealth integration into a leading EHR, allowing for the convenient meaningful use of the DiabetesManager Clinical Decision Support.

ETC works with early stage Baltimore-based technology entrepreneurs to help them more easily accelerate through their early stages of development. It is estimated that ETC companies have created in excess of $273.5 million in economic activity for the City of Baltimore.

NBIA is the world’s leading organization advancing business incubation and entrepreneurship serving more than 1,900 members from 60 nations. Approximately 25 percent of the NBIA membership is from outside the United States. Each year, the NBIA Incubation Awards honor business incubation programs, incubator graduates, and incubator client companies that exemplify the best of the industry.

About WellDoc

WellDoc®, a healthcare company that develops technology solutions to improve chronic disease management outcomes and reduce healthcare costs, is focused on simplifying the way chronic diseases are managed through a collaborative, life-changing approach that breaks down the barriers of engagement and adherence by providing patients and their healthcare providers with real-time, actionable information. WellDoc has developed an industry-leading, technology-based solution that helps people with chronic diseases better manage their conditions. For more information, visit www.welldoc.com.

About the Emerging Technology Centers (ETC)

The ETC, a venture of the Baltimore Development Corporation (BDC), is a non-profit business incubator focused on growing early-stage technology and biotechnology companies. The ETC promotes economic development, providing business, technical, and networking connections to help these companies grow and prosper – adding to both the job and tax base of Baltimore City. To date, ETC client companies have received over $1 billion in funding and have been issued over 200 patents. Since 1999 ETC has provided assistance to 231 companies; 80% of its graduate clients are still in business.

ETC’s incubator facilities provide participating companies with direct, customized business assistance, including technical assessment, marketing assistance, business modeling, mentoring, and access to funding sources in addition to a wide array of physical amenities, including fully wired office space, flexible leases, shared basic services and equipment, and technology support. For more information, visit www.etcbaltimore.com.