The Global Center for Health Innovation (GCHI), Cuyahoga County, BioEnterprise, and HIMSS (Healthcare Information and Management Systems Society) are pleased to announce the inaugural Medical Capital Innovation Competition – All Things Data in Healthcare - a two-day event to be held in the HIMSS Innovation Center at the GCHI, Cleveland, OH, April 25-26, 2017. The Medical Capital Innovation Competition is open to and encourages participation from professional and collegiate teams. $100,000 in prizes, mentoring, and access to business advisors, including world-class healthcare systems and collaborators, will be awarded.

“In Cuyahoga County we are laser focused on job creation and attraction,” said Cuyahoga County Executive Armond Budish. “Hosting this unique competition in the county’s Global Center for Health Innovation will attract and support start-up businesses as we continue to grow into the medical innovation hub of the world.”

The healthcare industry generates massive amounts of data. Emerging trends, including Internet of Things (IoT) and Bring-Your-Own-Device (BYOD), magnify not just the volume of data, but also the number of sources and formats.  The industry is only beginning to scratch the surface of managing and optimizing all of the data collected. The innovations that turn raw data into actionable tools will produce monumental change in the landscape of healthcare.

“HIMSS is thrilled to participate in this important quest for innovative information technology being harnessed to improve the quality, safety, cost-effectiveness, and access to optimal patient care,” said Carla Smith, executive vice president of HIMSS. “The Medical Capital Innovation Competition will pull together the smartest minds and the best ideas to solve some of our greatest challenges.” 

The Innovation Competition welcomes all innovators, collegiate and professional, focused on the collection, management, analysis and optimization of health data. Ideas will be judged by industry experts using specific criteria, including, but not limited to, commercial and technical viability and the strength of the team.

“Cleveland – The Medical Capital – continues to build upon the strengths of its health IT, biotech and medical device assets,” said Aram Nerpouni, President and CEO, BioEnterprise. “Our region celebrates entrepreneurialism and healthcare innovation, and the Innovation Competition catalyzes continued advancements in patient care and privacy, hospital operations, financial performance and cybersecurity.” 

The Medical Capital Innovation Competition is sponsored by Cleveland Clinic Innovations, University Hospitals Cleveland, Case Western Reserve University, Arras Keathley, Google Cloud, JumpStart, LeanDog, the Metrohealth System, Onix, SmartShape, and University Hospitals Cleveland.

Supporting the Medical Capital Innovation Competition are TeamNeo, Akron Children’s Hospital, NEOMED, Cleveland State University, Destination Cleveland, the Cleveland Health-Tech Corridor, the Louis Stokes Cleveland VA Medical System, and DHG Healthcare.

For more information and to apply: www.MedicalInnovationCompetition.org.