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What is HealthBound?


HealthBound

Reducing Patient Wait Times in a St. Michael's Hospital Outpatient Clinic

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What is HealthBound?


HealthBound

Reducing Patient Wait Times in a St. Michael's Hospital Outpatient Clinic

WHAT

 

Six weeks. Four startups. One Winner.

 

St. Michael's Hospital has identified an opportunity for process improvement in an outpatient clinic involving patient wait times.

No-show visits lead to wasted time and registration processes can be time consuming, needing to be completed each visit. Further, patients are often subject to long wait times with limited transparency. Without knowing how long they will have to wait, patients are unable to plan around appointments.

Together with St. Michael’s Hospital, the Biomedical Zone is addressing this challenge with startups based in the Greater Toronto Area. Selected startups will receive direct clinical and administrative access and mentorship and support from St. Michael’s IT, business advisors, clinicians and end users.

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How it works


How it works


VALUE

The winner of the competition  will receive a cash prize, begin a paid pilot at the hospital, and be considered for procurement by a downtown, urban, acute care hospital.

 

Biomedical Zone’s HealthBound II value is unique:

  1. Direct Support From Clinicians, End Users, Hospital IT and Administrators. Startups that participate in HealthBound II will receive guidance from key stakeholders, accelerating their validation period and de-risking the company.

  2. Cross-Domain Mentorship.  St. Michael’s is committed to supporting the startup’s development process, and startups will have direct access and support from Biomedical Zone and its advisors, including IT integration, business development, and clinical validation.

  3. Globally Relevant Clinical Challenge. St. Michael’s has identified a significant clinical challenge with global relevance, and the startup will have the opportunity to vet and validate their technology.

  4. A Cash Prize for the Winning Company: The selected company will receive a $5000 cash prize and consideration for a partially funded pilot with St. Michael’s Hospital, scheduled to begin April 1.

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The Challenge


The Challenge


ELIGIBILITY

To be eligible for the program, startups must demonstrate the following:

  • A relevant product that is either a functioning prototype or at the beta stage at time of applying (i.e.Technology Readiness Level 6 or 7)

  • A product that is either a strong fit for the clinical need or can be easily modified to meet the needs of the Clinic

  • A dedicated team and the resources and interest to complete the Rapid Development phase and support implementation across the hospital

  • A commitment to being physically present for the duration of the program and a subsequent pilot, if applicable, with St. Michael’s Hospital (i.e. January 15, 2018 to January 1, 2019)

  • A demonstration that they uphold the privacy and security requirements of the hospital and can show compliance, documentation, and protocols as required

  • Flexibility and adaptability around the needs of St. Michael’s Hospital with respect to required functionality, timelines, implementation, and other parameters

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Why Participate


Why Participate


WHY PARTICIPATE

HealthBound participants will work directly with Hospital IT, clinicians, administrators and the Biomedical Zone to refine their technology and business plans.  They will also be coached by leaders in lean methodologies, design thinking, health IT, regulatory, and more, while receiving exposure to national media outlets.

 

Two to four startups will be selected to participate. Selected startups will receive

  • A dedicated Project Manager to support the running of the project;

  • The opportunity to network with hospital administrators, including senior-level executive staff;

  • Guidance and support from an Outpatient Clinic at St. Michael’s, including clerical and clinical, and the hospital’s IT department;

  • Real-world, hands-on experience and access to end users to refine their technology and business plans; and

  • Access to business development and privacy/security mentorship from the Biomedical Zone team and advisors.

 

At the end of the program, one startup will be selected as the winner, receiving residency in the Biomedical Zone and a $5000 cash prize.

 

Intellectual Property

100% inventor owned.

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Timeline


Timeline


TIMELINE

The Biomedical Zone will support 2 to 4 startups in a competitive 6-week program to develop a functional product for a St. Michael’s Outpatient Clinic.

Company Selection and Rapid Development

  1. December 1: Call for Applications

  2. January 5: Applications close and committee reviews all applications. Promising applicants are invited to pitch to the Biomedical Zone HealthBound Committee.

  3. January 15: 2-4 startups are selected by the HealthBound committee.

  4. January 15-March 1: Startups enter into Rapid Development phase, where they refine their technology based on feedback from St. Michael's IT, the outpatient clinic,  and Biomedical Zone. This includes mentorship, hospital support, and development of both a validation and funding plan.

  5. March 1: Demo Day - Winner Announced  and demos functioning product.

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When is kick-off?


When is kick-off?


APPLY

Apply here

Applications due January 5, 2017.