The Collaborative aims to nurture from-concept-to-market innovations that aim to solve health care issues tied to chronic disease, which usually requires advancements in many interlocking disciplines including prevention, care delivery, treatment methods, administrative and payment processes, etc.
The call, which has received 28 applications to date and has 107 additional applications in progress, will accept submissions through January 15, 2016, at this page. It is open to individuals as well as companies, domestic and international. Priority will be given to applicants whose ideas represent opportunities to reduce costs tied to healthcare, potentially benefit patients or healthcare consumers, and have a positive impact on one or more socioeconomically disadvantaged population.
In addition to the applications completed and in progress, the application system has more than 144 company profiles (the majority of these companies are startups) and more than 210 individual profiles set up by users. While approximately 70% of the companies completing profiles are from the Greater Philadelphia region, there is interest from across the rest of the United States, Canada, United Kingdom, Australia, India, Israel and South Africa.
Created by the CEO Council’s Health Care Innovation Task Force, co-chaired by John Fry, president of Drexel University and Daniel J. Hilferty, president & CEO of Independence Blue Cross, the Collaborative represents a new model for collaboration among healthcare providers, academic research institutions and the investor community, which work together to leverage the assets of the Greater Philadelphia region to accelerate and lead the development of innovation in healthcare technology and delivery.
Founding Members include Ben Franklin Technology Partners of Southeastern Pennsylvania, The Children’s Hospital of Philadelphia, Comcast, Drexel University, Independence Blue Cross, Safeguard Scientifics, Thomas Jefferson University and Jefferson Health, and University of Pennsylvania Health System.