The winners of the inaugural Medical Capital Innovation Competition have been announced this week. Competing teams represented a variety of big data healthcare categories including patient engagement and compliance, clinical trial optimization, EHR optimization, and decision support.
The Innovation Competition attracted 180 applications from industry professionals and university students from across the world. The final participants included 27 teams – 22 Professional and 5 Collegiate– from 11 U.S. states and Canada. In addition to $100k in cash prizes, the winning teams will receive meaningful assistance, including mentoring and access to world-class healthcare systems and collaborators.
Here is a look at the winners:
1st Place/$50,000: MedRespond, Pittsburgh, PA – Patients often have questions about their medical treatment. Sometimes they don’t know what to expect and are thus nervous, or misunderstand instructions given in the doctor’s office. MedRespond simulates a conversation online, providing answers to medical questions while also collecting vital patient information.
2nd Place/$25,000: Rubitection, Pittsburgh, PA – Rubitection’s product is a low cost, noninvasive handheld tool for early bedsore assessment. Utilizing optical technology, the Rubitect Assessment System includes a measurement probe with a sterile cover and data tracking software.
3rd Place/$15,000: Hyr Medical, Cleveland, OH – To address the many problems of hospital staffing,
Hyr Medical connects doctors and hospitals via a web-based platform – bypassing inefficient locum agencies.
1st Place/$6,000: NeuroRad Vision, Cleveland, OH – NeuroRadVision is a computerized decision support software toolkit, employing novel and advanced artificial intelligence and image analysis algorithms to differential recurrent brain tumors from benign radiation-induced treatment effects.
2nd Place/$3,000: HealthTech Solutions, Iowa City, IA – HealthTech Solutions is developing a mobile application called Organizer, which facilitates instantaneous communication and information flow for organ procurement organizations.
3rd Place/$1,000: EXAID, Pittsburgh, OH – EXAID is developing a HIPAA-compliant clinical trial matching application to quickly match oncology patients with trials and expedite the drug validation process.