HFII HEALTHTECH CHALLENGE

WARD DETWILER – HENRY FORD HEALTH SYSTEM INNOVATIONS

HEMALI THAKKAR – HEALTH 2.0 DEVELOPER CHALLENGE

ON THE LINE: HFHS INNOVATIONS TEAM

Ward Detwiler Project Manager

Joe Jankowski Senior Advisor

Dr. Steve Bartol Senior Advisor & Orthopedic Surgeon

AGENDA

1. System Introduction & Challenge

Overview

2. Round 1 Requirements & Judging Criteria

3. Finalist Requirements & Selection Criteria

4. Q&A

HENRY FORD HEALTH SYSTEM

7 hospitals with over 40 specialties

2,100 beds and 1,200 employed physicians

Comprehensive integration and wholly owned insurer

2011 Baldrige Award winner for quality

93,000 admissions and 3 million patient contacts

annually

500 residents and $70M in annual research

HENRY FORD INNOVATION INSTITUTE

Employees Companies Mission Based Community

Leveraging Henry Ford’s intellectual

assets to commercialize concepts

drawn from:

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

THE COMMERCIALIZATION INVESTMENT

Developme

nt Support Seed

Capital

Clinical

Coordinatio

n

SEED CAPITAL

• Up to $100k for technology development

– Delivered in tranches aligning to milestones

• 3 potential forms of investment

– Convertible debt

– Equity

– License

DEVELOPMENT SUPPORT

Inception

Development

Validation

Commercialization

Ideation Invention Disclosure Market Assessment

Prototyping Product Design Business Development IP Protection

Material Testing Market Validation Clinical Trials

Business Planning Capitalization

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: – Early stage development

– Solution pilots

– Healthcare delivery & payment models

– Commercialization/licensing

– Strategy

– Sales & marketing

– Growth capital

CLINICAL COORDINATION

KEY DATES

• Submission Deadline: January 3

• Finalists Notified: February 3

• Finalist Pitch Event: March 5

• Development Period Begins: Early April

AGENDA

1. System Introduction & Challenge

Overview

2. Round 1 Requirements & Judging Criteria

3. Finalist Requirements & Selection Criteria

4. Q&A

ROUND 1: SUBMISSION REQUIREMENTS • Product should be website, mobile, app, portable medical device, or other digital platform

• 10 slide pitch deck explaining the proposed solution, including: – Problem statement

– Target users

– Example use cases

– Development plan

– Marketing plan

– Business model

– Team profile

• 3 minute video explaining or demonstrating solution

• 2 page Executive Summary

• Core team resumes

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

AGENDA

1. System Introduction & Challenge

Overview

2. Round 1 Requirements & Judging Criteria

3. Finalist Requirements & Selection Criteria

4. Q&A

FINALISTS: SUBMISSION REQUIREMENTS

• Written overview of Development Period

proposal

• Development Period budget

• Development Period proposal slide deck

(10 Slides)

FINALISTS: JUDGING CRITERIA

• 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

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

AGENDA

1. System Introduction & Challenge

Overview

2. Round 1 Requirements & Judging Criteria

3. Finalist Requirements & Selection Criteria

4. Q&A

QUESTIONS?

www.HealthTechChallenge.com