Five finalists pitched their informatics innovations to a panel of judges at the American Medical Informatics Association annual symposium
Ai2, the Accelerator for Informatics Innovation, and LOF, LLC were once again co-sponsors of the AMIA Pitch IT competition in Washington DC on November 17, 2019.
The medical informatics innovation challenge was launched in 2017 to accelerate the application of innovative, standards-based terminology solutions to problems in healthcare. Over 80 teams applied to the competition this year, for a chance to pitch innovative concepts that use medical and biomedical informatics to improve clinical outcomes, drive down the cost of care, and improve the healthcare experience for patients, care providers, medical professionals, and institutions.
The top five applicants were selected as finalists to compete before a panel of judges for up to $25,000 in grants from LOF, LLC, with additional possible investment of$500,000 from MedStartr Ventures and partners.
The finalists were:
IANN: Inference Analytics Neural Network improves physician productivity and quality by understanding notes, reports and other unstructured data in health systems through its proprietary platform.See their project and get involved with itat https://www.medstartr.com/project/detail/201062
Iris OB Health: Nurturing Healthy Motherhood – Iris OB Health applies a patent-pending, risk stratification algorithm to clinical data in order to identify and offer appropriate treatment to women at risk of developing postpartum depression. See their project and get involved with it at https://www.medstartr.com/project/detail/201099
iRxReminder is a medication management platform, IoT, pharmacy-filled pill dispenser with smart alerting to improve medication adherence of mental health patients, and providing agencies monitoring and added revenue. See their project and get involved with it at https://www.medstartr.com/project/detail/200264
MedAux is automating outpatient follow-ups from preparation to post-discharge. See their project and get involved with it at https://www.medstartr.com/project/detail/201094
StoCastic’s E-Triage platform supports emergency department triage decision-making to improve risk-stratification and decrease patient waiting time. See their project and get involved with it at https://www.medstartr.com/project/detail/201101
The panel of expert industry judges included:
Craig Feied, MD Chief Strategy Officer, Microsoft Health Solutions
Michael KaufmanMBA, MSW Managing Partner, KBT
Frank Naeymi-Rad, Ph.D., Chairman and Co-Founder, Intelligent Medical Objects
Andrew ParkManaging Director, Warburg Pincus
Barbara Rapchak Chief Innovation Officer, LOF LLC
Charles Safran, MS,MD,FACP Professor of Medicine, Harvard Medical School
Steven TollePartner, HLM Venture Partners
The judges selected three winning pitches from the five finalists, each receiving grants in order of placement for $12,500, $7,500 and $5,000 to be used to further develop a prototype or proof of their concept for the selected innovation.
This year’s winner was iRxReminder,a pharmacy-filled pill dispenser, followed by IANN,Inference Analytics’Neural Networkin second place, and StoCastic’s E-Triageemergency department triage platform.
It’s not too early to start planning to enter next year’s competition November 14-18, 2020 in Chicago, IL. Hope to see you there!