Moving Health Care Forward by Bringing Technological Innovation Mainstream
Members of the health care innovation community have great products that can improve the U.S. health care system and make life better for patients and care providers. However, effecting actual change is extremely difficult due to the high barriers to entry in the health IT space. Once an innovative new product has been developed, it needs to be tested in real-life care settings.
Understandably, providers can be hesitant to host this testing for a myriad of reasons – they may have had bad experiences in the past, be anxious about deploying new tools that could disrupt their workflows, or be wary of encountering more problems than the solution solves.
Without this, it cannot be determined how well the product actually works, making it difficult for the developers to identify the changes that need to be made to the product to make it more effective. Furthermore, without evidence of successful product use and customer satisfaction it is that much harder to acquire the venture funding that can fuel further advancement and allow it to perform well in the marketplace.
The Market R&D Pilot Challenge is intended to help bridge this gap by bringing together health care organizations (“Hosts”) and innovative companies (“Innovators”) through pilot funding awards and facilitated matchmaking. The Challenge may award pilot proposals across the four domains:
- Clinical environments, such as hospitals, ambulatory care, surgical centers
- Public health and community environments with community-based personnel such as public health departments, community health workers, mobile medical trucks, and school-based clinics
- Consumer health, such as pharmacies and laboratories
- Research and data that, for example, provide novel ways of collecting data from patients
Hosts and Innovators submit joint pilot proposals, with the winners, as determined by an expert panel, proceeding to implement their pilots.
The Challenge’s primary goals are to: