Henry Ford Innovation Institute and Health 2.0 Bring Health Tech to DetroitBy Elisabeth Seigle on March 10th, 2014 /
In a true show of commitment to innovation, Henry Ford Innovation Institute (HFII) partnered with Health 2.0 for its first annual Health Tech Challenge. The challenge began in October of 2013, with a specific focus on reducing avoidable emergency department and in-patient readmissions. The result was seventy entries from over ten countries.
Five finalists were announced in February and traveled to Detroit this past week in hopes of winning the HFII Health Tech challenge. The five finalists were companies from New York to Wisconsin with three having previously participated in the BluePrint Health incubator. Below are the startups that participated in the event.
AdhereTech– Inventors of the smart pill bottle, a solution to increasing medication adherence.
Aidin– Streamlining the post acute referral process and increasing transparency around the facility that is best for an individual patient.
Fit4D– Applying an effective diabetes “coaching” model to the readmissions space and allowing patients one point of contact.
Health Recovery Solutions– Offering patients an adherence plan loaded onto a tablet and e-monitors to reduce post acute care readmissions.
Wellbe– Creator of CarePath, a solution that allows for customizable patient guidance plans spanning from pre-surgical or pre-acute care to post-acute care and recovery recommendations. This solution spans the entirety of the patient experience while allowing the patient a clear picture of what is next.
Each of these teams presented a 15 minute pitch on Wednesday to a panel that included leaders in the medical space and champions of health tech investment. The winner will be offered collaboration with Henry Ford Health System, support from TechTown Detroit, and an investment of up to $100,000.
In creating this challenge and garnering national attention, HFII has done a huge service to our local Health Tech entrepreneurs. This challenge represents Detroit’s first nationally collaborative commitment to health tech innovation and has the potential to connect a community that has historically existed in silos.
Congratulations Henry Ford on taking the first step towards a more connected innovations environment. And to the winning team, welcome to Detroit!