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Economic impact assessment of ANDHealth+ and Masterclass: ACCELERATE programs

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ANDHealth's unique industry-led programs, ANDHealth+ and Masterclass: ACCELERATE, continue to drive remarkable advancements in Australia's digital health sector. 


  • ANDHealth+ has supported 19 SMEs, raising $144.8M in capital, creating 412 jobs, and impacting nearly 642,000 patients.

  • Masterclass has empowered 184 attendees from 49 companies with essential commercialization skills, leading to $17M raised, 35 innovative projects initiated, and 100 new jobs created.


Impact Analysis by L.E.K. Consulting:

  • ANDHealth+ companies raised 1.9x more capital and created 1.4x more jobs than their non-participating counterparts.

  • When compared to four other leading Australian health & tech accelerator programs, ANDHealth+ participants raised 2.5-13x more capital, created 1.6-4.7x more jobs, and generated 2.2-2.9x more revenue.


With ongoing support from the health technology industry and government, ANDHealth is poised to continue refining and enhancing our offerings, ensuring they remain best-in-class and support the growth of our country's digital health industry, both domestically and internationally. Read more here.


Stay updated on ANDHealth’s latest developments here



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