This webinar went over details for the HFII Health Tech Challenge and answered questions from participants.

1. HFII HEALTHTECH CHALLENGE
WARD DETWILER – HENRY FORD HEALTH SYSTEM INNOVATIONS
HEMALI THAKKAR – HEALTH 2.0 DEVELOPER CHALLENGE

2. ON THE LINE: HFHS INNOVATIONS TEAM
Ward Detwiler
Project Manager
Joe Jankowski
Senior Advisor
Dr. Steve Bartol
Senior Advisor & Orthopedic Surgeon

3. AGENDA
1. System Introduction & Challenge
Overview
2. Round 1 Requirements & Judging Criteria
3. Finalist Requirements & Selection Criteria
4. Q&A

4. HENRY FORD HEALTH SYSTEM
7 hospitals with over 40 specialties
93,000 admissions and 3 million patient contacts
annually
2011 Baldrige Award winner for quality
2,100 beds and 1,200 employed physicians
Comprehensive integration and wholly owned insurer
500 residents and $70M in annual research

5. HENRY FORD INNOVATION INSTITUTE
Leveraging Henry Ford’s intellectual
assets to commercialize concepts
drawn from:
Mission Based
Employees
Companies
Community

6. DIGITAL SOLUTIONS TO READMISSIONS
Targeting innovators
across the globe
5 finalists each awarded
a $10,000 prize
Finalists compete for an
investment of seed capital
and commercialization
support

7. THE COMMERCIALIZATION INVESTMENT
Seed
Capital
Developme
nt Support
Clinical
Coordinatio
n

8. SEED CAPITAL
• Up to $100k for technology development
– Delivered in tranches aligning to milestones
• 3 potential forms of investment
– Convertible debt
– Equity
– License

9. DEVELOPMENT SUPPORT
Commercialization
Validation
Development
Inception
Ideation
Invention
Disclosure
Market
Assessment
Prototyping
Product Design
Business Development
IP Protection
Material Testing
Market Validation
Clinical Trials
Business Planning
Capitalization

10. DEVELOPMENT SUPPORT
• Up to 9 months of support
– Aligned with milestones
• 15 hours/month of HFII staff support
• In-kind support from legal, technical, and insurance partners
• Expertise in:
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Early stage development
Solution pilots
Healthcare delivery & payment models
Commercialization/licensing
Strategy
Sales & marketing
Growth capital

11. CLINICAL COORDINATION

12. KEY DATES
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Submission Deadline: January 3
Finalists Notified: February 3
Finalist Pitch Event: March 5
Development Period Begins: Early April

13. AGENDA
1. System Introduction & Challenge
Overview
2. Round 1 Requirements & Judging Criteria
3. Finalist Requirements & Selection Criteria
4. Q&A

14. ROUND 1: SUBMISSION REQUIREMENTS
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Product should be website, mobile, app, portable medical device, or other digital platform
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10 slide pitch deck explaining the proposed solution, including:
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Problem statement
Target users
Example use cases
Development plan
Marketing plan
Business model
Team profile
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3 minute video explaining or demonstrating solution
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2 page Executive Summary
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Core team resumes

15. ROUND 1: EVALUATION CRITERIA
• Innovation and unique qualities of application
• Potential to reduce readmissions
• Usability and design of solution
• User appeal and potential for widespread adoption
and scale
• Degree of development of application (prototype
vs. polished product)
• Potential of partnership and future work with HFII

16. AGENDA
1. System Introduction & Challenge
Overview
2. Round 1 Requirements & Judging Criteria
3. Finalist Requirements & Selection Criteria
4. Q&A

17. FINALISTS: SUBMISSION REQUIREMENTS
• Written overview of Development Period
proposal
• Development Period budget
• Development Period proposal slide deck
(10 Slides)

18. FINALISTS: JUDGING CRITERIA
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Development Period proposal and design
Product innovation capabilities and design
Alignment to HFHS/HFII assets
Potential to reduce readmissions
Cost effectiveness, market potential,
sustainability of business model, and
scalability of product
• Team experience and strength of match

19. FINALISTS: JUDGING EVENT
• Live judging conducted at Henry Ford
Innovation Institute or via video
(international)
• Panel of 5-10 expert judges
• Submission materials reviewed ahead of
live session
• 10 minute live pitch, with AV support

20. AGENDA
1. System Introduction & Challenge
Overview
2. Round 1 Requirements & Judging Criteria
3. Finalist Requirements & Selection Criteria
4. Q&A

21. QUESTIONS?
www.HealthTechChallenge.com