I have expressed the opinion in numerous posts on this blog that true innovation in health care will not come from big providers, big health plans, and certainly not from big government. But, maybe, just maybe, it will come from a group of medical students. At least we will have the chance to find out when the judges decides who will win the 2009 Healthcare Innovation Challenge.
The Healthcare Innovation Challenge is being operated by Idea Crossings and the Arizona State University College of Nursing and Healthcare Innovation. Innovation, entrepreneurship, and collaboration will come together in a forum designed to transform the quality, efficiency, safety, and effectiveness of healthcare.
Hereís the idea. Cross-disciplinary teams of three to five graduate students will choose one of three question categories, write a three page concept plan, and submit the plan to the judging panel. Six teams will go to the final round where they will present their ideas at a one-day Healthcare Innovation Conference. This year, $8,000 in cash will be awarded to the most innovative teams for developing a groundbreaking business model, product, service or strategy for healthcare.
For more information check out the website at: http://healthcare.innovationchallenge.com/index.html
Health Innovation Take: This is an exciting initiative and I canít wait to see the ideas that come out of this competition.