Archive for May 18th, 2011
May 18, 2011
Innovation in healthcare is now pervasive. To continue the wave of innovation, hospitals can now earn new incentives based on competitions. These are government-sponsored, industry-sponsored challenges, and even have the potential for becoming business ventures. Here are some competitions hospitals can enter to help expand industry innovation:
- Health Challenges at Challenge.gov – These include video challenges, National Library of Medicine apps, Flu apps and more. Many offer monetary rewards.
- Health 2.0 Developer Challenge – Developed by the Health 2.0 Conference folks, this includes online challenges and live competitions including a Code-a-Thon which most recently occurred in February A Code-a-Thon is a day long competition to build an application. Winners included a meta-analysis engine, Healthy people 2020 tracker, and an epidemic finder.
- Veterans Affairs Innovation Initiative (VAi2) – This includes everything from equipment sterilization, blue button technology, prosthetics and rehabilitation. It encourages submissions from its own employees, as well as healthcare industry leaders.
A new player in this arena is Innocentive, an online business built around challenge-driven innovation. While not specifically focused on healthcare, it does have a Global Health Pavilion, featuring challenges from cell biology to caregiver communities. These challegnes promote the idea of an Open Innovation Marketplace, which is the topic of its new book.
For each of these healthcare challenge websites, the basic concept is open innovation. By utilizing competition for a financial reward, the government, an NGO, a private sector company and healthcare providers can generate low cost solutions. But the inventor/innovator needs to keep in mind their intellectual property rights if these are not spelled out clearly up front.
Nonetheless , the potential for healthcare innovation and problem solving are yet to be measured. Perhaps someone will some develop a site or app which aggregates these challenges and their successful solutions. Aggregation of healthcare innovation challenges would help inventors find opportunities which are sprouting up from government, conferences and corporations.
This post was originally published on Hospital Impact on May 18, 2011.Share this: