Disruptive healthcare Winners Receive $100,000 in Cash Prizes and Access to Cleveland’s World-class Healthcare Expertise
Theme: Disruptive Technologies: The Next Generation of Healthcare: How big data, artiﬁcial intelligence, enhanced reality and other disruptive technologies will engage patients and clinicians, and take healthcare to new levels.
CLEVELAND – April 24, 2018 – BioEnterprise, in partnership with the Global Center for Health Innovation (Global Center), Cuyahoga County, and Healthcare Information and Management Systems Society (HIMSS) announce’s nGageIT as the second place finisher of the second annual Medical Capital Innovation Competition, “The Next Generation of Healthcare”.
nGageIT is pleased to announce placing second place in the annual Medical Capital Innovation Competition with a $25,000 cash prize including partnering opportunities with leading health systems. 22 Outstanding Companies from around the world were selected to compete in a “pitch “ competition in front of a panel of 20 judges that included high profile executives, physicians, venture capitalists and health system leaders . Winners were also awarded collaboration contracts with leading health systems . nGageIT is pleased to announce its collaboration contract with its leading health system partners MetroHealth and Community Care Network of Virginia, Inc. (CCNV ) .Supporting sponsors include: Cleveland Clinic Innovations, Case Western Reserve University, Develoco, Jumpstart, The MetroHealth System, and University Hospitals.
MetroHealth is a leading innovative hospital system in the NorthEast with over 700 beds and sees over 1 Million patients per year in its emergency departments. It is affiliated with Case Western Reserve University School of Medicine. MetroHealth is a Level I Trauma and Burn Center.
Since 1996, Community Care Network of Virginia, Inc. (CCNV), has been a trusted support system, training partner and business process expert for health providers, including Federally Qualified Health Centers (FQHC), private practices, hospitals, managed care organizations, and provider networks.
nGageIT plans to plan strategic deployment and testing of its NanoSmart sensor technology and SmartInjector in collaboration with its partners.
From: Toronto, Ontario
Team Lead: Raj Reddy
nGageIT’s platform detects and verifies the unique fingerprint of medication you take or inject. Using smart health tools and the world’s ﬁrst ingestible nanoparticle “bar coding” technology, nGageIT measures medication treatment effectiveness, enriches the patient experience, and helps physicians optimize clinical outcomes.
Team Member: Jennifer Murdoch
About The Medical Capital
The Medical Capital initiative is a collaboration of Cleveland’s internationally renowned clinical, educational, and research institutions, philanthropies, government, and economic development engines. Convened by BioEnterprise, the initiative promotes the vibrant biomedical and healthcare industry in the 18-county Northeast Ohio region. The Medical Capital includes more than 700 biohealth companies, 30 clinical, research and educational institutions, $735 million annually in research funding, and more than $200 million annually in private startup funding. For more information: TheMedicalCapital.com.
BioEnterprise is a business formation, recruitment, and acceleration effort designed to grow the Northeast Ohio healthcare industry. Located in Cleveland, at the Global Center for Health Innovation and in University Circle, BioEnterprise provides management counsel and support services to health IT, medical device, and biopharmaceutical companies. In addition, BioEnterprise convenes and leads strategy for industry-building initiatives such as The Medical Capital, HIT in the CLE, and the Global Center for Health Innovation. BioEnterprise founders are Case Western Reserve University, Cleveland Clinic, and University Hospitals. Additional technology partners include the NASA Glenn Research Center, Cleveland State University and BioOhio. Since 2002, BioEnterprise and its partners have created, recruited and accelerated more than 350 health IT, medical device, and biopharmaceutical companies, and have helped these companies raise more than $2 billion in new funding. To learn more: BioEnterprise.com.
About Cuyahoga County
Cuyahoga County is home to world-renowned healthcare facilities, including Cleveland Clinic, University Hospitals and the MetroHealth System. It is also home to 1.2 million people and is comprised of 59 unique and distinctive communities, with Cleveland as its nucleus. The county is the economic center of Northeast Ohio. With more than 120,000 healthcare professionals, the healthcare field is the largest employer in Cuyahoga County. Additionally, Greater Cleveland has a booming biotechnology and biomedical industry, with more than 700 companies employing 230,000 people.
HIMSS is a global voice, advisor and thought leader of health transformation through health information and technology with a unique breadth and depth of expertise and capabilities to improve the quality, safety, and efficiency of health, healthcare and care outcomes. HIMSS designs and leverages key data assets, predictive models and tools to advise global leaders, stakeholders and influencers of best practices in health information and technology, so they have the right information at the point of decision.
HIMSS drives innovative, forward thinking around best uses of information and technology in support of better connected care, improved population health and low cost of care. HIMSS is a not-for-profit, headquartered in Chicago, Illinois, with additional offices in North America, Europe, United Kingdom and Asia.
About The Global Center for Health Innovation
The Global Center for Health Innovation is a convening platform for multi-partner public, private and philanthropic collaborations on healthcare matters of global interest. Capitalizing on Cleveland’s healthcare assets and resources, it acts as the gateway between Ohio’s healthcare and biomedical communities and the rest of the world. Connected to the Huntington Convention Center of Cleveland, the Global Center was built to attract additional investment and convene biomedical and healthcare activities that lead to ongoing innovation. To learn more: TheGlobalCenter.com.