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Applications Are Now Open for the PMI Challenge for the Underserved. Define Solutions Using Tools and Tech and Win $25k in Cash Prizes. Pre-proposal Deadline November 21st
Applications Are Now Open for the PMI Challenge for the Underserved. Define Solutions Using Tools and Tech and Win $25k in Cash Prizes. Pre-proposal Deadline November 21st
A call for all innovators inspired to build digital health tools that connect underserved populations to the Precision Medicine Initiative (PMI). Partners, rules, application and more at PMIChallenge.org
WASHINGTON D.C. – On Wednesday, November 4, 2016, The National Health IT Collaborative for the Underserved (NHIT Collaborative) and its partners announce the official opening of a challenge with cash prizes for “Advancing Health Equity through Precision Medicine Tools." Pre-proposal submissions are due November 21, 2016.
For more information, visit the PMIChallenge.org website for the application details.
This challenge is made possible through the collaboration of stakeholders from the public and private sector, including NHIT Collaborative, Partners Healthcare, TracFone, HIMSS and The National Human Genome Center at Howard University. Prizes totaling $25,000 will be funded by the Gordon and Betty Moore Foundation. The Consortia for Improving Medicine with Innovation and Technology (CIMIT) at Massachusetts General Hospital is providing the Challenge application management infrastructure.
“Now more than ever there is understanding that engagement and inclusion of people from underserved communities and communities of color will be vital to the success of the PMI initiative. The array of partners participating in this challenge is a testament to this,” said NHIT Collaborative CEO Luis Belen.
The challenge is the first-of-its-kind initiative to inspire and fund entrepreneurs building digital health tools that:
- Address the Precision Medicine needs of people in underserved and medically underserved communities
- Facilitate participation of people from underserved and medically underserved communities to the Precision Medicine cohort
- Promote the use of open health platforms to expand the breadth, depth and interoperability of digital health tools and associated data to support the Precision Medicine Initiative
In addition to prize money, entrepreneurs selected in the challenge will receive mentorship from challenge partners in their journey from envisioning to deploying and potentially commercializing these solutions.
“Partners Healthcare and other challenge partners are excited to collaborate with challenge entrepreneurs in areas such as use of standards and interoperability of solutions into the broader health and health IT ecosystem,” said Dr. Julian Goldman, who leads the MGH / Partners Medical Device Plug and Play Interoperability Program.
Challenge finalists will be announced at the Third Annual NHIT Collaborative Conference, “The Perfect Storm: Genomics, Precision Medicine, and Health IT Innovation Creating Opportunities in Underserved Communities,” December 11-14, in conjunction with the HIMSS Connected Health Conference, Washington, DC. The final awards will be announced at the HIMSS Annual Conference February 20-23rd in Orlando.
National Health IT Collaborative for the Underserved
1629 K Street, NW, Suite 300 | Washington, DC 20006
http://www.nhitunderserved.org
About NHIT Collaborative
Since 2008, NHIT Collaborative has focused on the elimination of health disparities and attainment of optimal health for multicultural underserved communities. NHIT Collaborative works in partnership with organizations and individuals to assure that members of these communities’ benefit fully from HIT advances.
Publications
Accelerating Innovation Through Coopetition: The Innovation Learning Network Experience
Coopetition, the simultaneous pursuit of cooperation and competition, is a growing force in the innovation landscape. For some organizations, the primary mode of innovation continues to be deeply secretive and highly competitive, but for others, a new style of shared challenges, shared purpose, and shared development has become a superior, more efficient way of working to accelerate innovation capabilities and capacity. Over the last 2 decades, the literature base devoted to coopetition has gradually expanded. However, the field is still in its infancy.
Navigating The HealthTech Innovation Cycle
The journey from identifying and articulating an important unmet medical need to developing an innovative solution which becomes the standard of care is long and challenging, with most teams failing somewhere along the way. The odds of successfully navigating the journey significantly increase if teams have the experience and skills needed to anticipate and address challenges along the way. We believes that innovation in HealthTech is a learnable process. We have created a roadmap to help budding entrepreneurs successfully navigate the journey by learning from and building on the experiences of others.
Avoiding Deal Killers
In today’s environment, even promising healthech innovations fail to get investments from financially motivated investors. As a result, solutions do not survive the so-called Valley of Death. There are numerous good reasons why investors choose not to invest. In many cases, it is because the innovator did not anticipate and prepare a response to a question about a particular risk. This can be traced back to the fact that innovators often fail to put themselves in an investor’s shoes. Doing so is critical to understanding why they may not invest in their solution—the “deal killers”.
National Institute of Biomedical Imaging and Bioengineering Point-of-Care Technology Research Network
This paper describes the POCTRN and the three currently funded Centers as examples of academic-based organizations that support collaborations across disciplines, institutions, and geographic regions to successfully drive innovative solutions from concept to patient care.
Healthcare Commercialization Programs
Healthcare commercialization programs (HCPs) are described and proposed as an option that institutions can add to their portfolio to improve translational research. In helping teams translate specifc healthcare innovations into practice, HCPs expand the skillset of investigators and enhance an institution's innovation capacity. Lessons learned are shared from configuring and delivering HCPs, which build on the fundamentals of the National Science Foundation's Innovation Corps program, to address the unique challenges in supporting healthcare innovations and innovators.
2014 CIMIT Clinical Impact Study Update
This is an ongoing, work-in-process update of CIMIT’s Clinical Impact Study (CIS). First conducted in 2009, the CIS is a self-assessment by CIMIT faculty and investigators of its project portfolio and Accelerator Program and now includes projects initiated between 1998 and 2012. The innovation portfolio, an important subset of the ways in which CIMIT helps speed innovations into patient care, represents an investment of almost $70M over 14 years. It also represents a rather unique longitudinal set of experiences from which to learn.
IEEE Pulse Featuring CIMIT
If ever an industry was in need of both incremental and disruptive innovation it is today's health care industry. Realizing the full potential of innovation across the spectrum of health care environments is critical to address the well-documented, emerging global crisis generated by the aging of the population, the obligation to increase access for all to the best standard of care, and the societal imperative to contain costs.
Facilitating Translational Research
Would a carpenter be asked to manage building a new housing development? Probably not. More likely a real estate developer with the skills, experience and knowledge of the local market and trades, including carpentry, would manage such an undertaking. Good developers anticipate and address the challenges of building and selling homes. Delivering attractive appropriately priced homes on time and on budget requires that developers use their knowledge, experience, and judgment to make numerous decisions that engage the right talent at the right time to balance development risks and costs.
Venture Findings Featuring the CIMIT Model
The Consortia for Improving Medicine with Innovation & Technology (CIMIT) was established in 1998 by four leading academic medical centers and universities in the greater Boston area to leverage the value of a consortium to improve patient care through Deep Innovation using medical technology to solve pressing unmet medical needs.