Challenge Seeks to Identify Digital Health Solutions that Address Gaps in Healthcare
(PRUnderground) February 6th, 2024
The HITLAB Breakthrough Alliance is holding a ‘Call for Applications’ for its annual Spring 2024 Breakthrough Alliance Challenge(BTA). The Alliance is looking for the world’s most innovative developing and early commercial digital health technologies that solve significant gaps in healthcare. The challenge is open to all new and innovative solutions across the healthcare spectrum.
For over twenty years, HITLAB has been a pioneer in the advancement of digital health research, strategy, and education. In 2016, the New York City Economic Development Corporation (NYCEDC) partnered with HITLAB to launch the Digital Health Breakthrough Network (DHBN) as part of its broader efforts to facilitate growth in New York City’s healthcare and life sciences sectors. HITLAB now independently operates this program and continues providing rapid solution verification services to the digital health ecosystem.
Chaired by Bill Taranto, President, Merck Global Health Innovation Fund The HITLAB Breakthrough Alliance (BTA) is a global consortium of member organizations with a shared mission to improve health outcomes and care delivery through research-backed technologies.
The Innovator’s Challenge is the cornerstone of our Breakthrough Alliance Program. The mission is to empower health technology enterprises with robust, cost-effective methodologies for cultivating substantial, evidence-driven data. This process aims to substantiate the viability of these innovations and ultimately entice clients and investors,” affirmed Stan Kachnowski, the Director of Columbia Business School’s Digital Health Program and Chair of HITLAB. “Past challenges have yielded a myriad of novel solutions, and we eagerly anticipate the submissions.”
Innovator applications will be accepted through April 12th. Submissions will be screened and evaluated by a panel of judges using several criteria, including:
- Innovation
- Scalability
- Sustainability
- Impact
The finalists will be contacted on April 24th. They will present their solutions live during New York City Health Innovation Week (NYCHIW) in May. Up to three winners will be chosen and announced by a panel of judges during New York Health Innovation Week in May.
The winning innovations will subsequently be evaluated in rapid-cycle studies with end-users providing key verification data and actionable insights regarding design, feasibility, and market potential. There is no cost to apply, no cost to participate, and no equity requested by HITLAB.
The application can be found here.
ABOUT HITLAB
HITLAB is a healthcare innovation lab specializing in digital health research, strategy, and education. We help leading organizations ideate, create, and evaluate technology-based solutions to pressing healthcare challenges across the globe. HITLAB works with a wide variety of stakeholders in both the public and private sectors to design and disseminate studies, programs, and products that improve healthcare access and delivery.
About HITLAB Breakthrough Alliance
HITLAB Breakthrough Alliance is an accelerator that helps early-stage startups conduct rapid pilot studies to test their products and move closer to market. Selected startups have their technologies tested in pilot studies with clinical partners and patients, gathering the data needed to accelerate their concepts. To source startups, Breakthrough holds open innovation competitions and networking events that bring together the digital health and investment ecosystem.
Breakthrough is membership-based and board members represent the best organizations in healthcare.
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Original Press Release.
