Recently, Janssen Healthcare Innovation announced the Janssen Connected Care Challenge for enterprising individuals and developers. The goal of the challenge is to provide technical solutions that improve the transition for a patient from the hospital to their home.
Jannssen Healthcare Innovation is a company that is part of the larger Janssen Global Services. Their overeall goal is to empower healthcare consumers and modernize healthcare delivery. The Connected Care Challenge is designed to spur innovation and drive action towards achieving better care and better health at lower cost through continuous improvement.
Diego Miralles, M.D., Head of Janssen Healthcare Innovation, explains the contest.
“Within Janssen, we support continuous innovation – both internally and externally – to develop the tools, frameworks and standards that will transform healthcare. We hope that the Janssen Connected Care Challenge will inspire the best and the brightest entrepreneurs to develop effective, scalable solutions that can be deployed and truly make a meaningful impact in patients’ lives.”
Care transitions was identified by Janssen as an area that needs to be improved and streamlined. Janssen contends that a large driver of health costs is the lack of coordinated care when patients are discharged after a surgery or other inpatient stay.
“One in three patients aged 21 and older, discharged from a hospital to the community does not see a doctor within 30 days of discharge. These patients are at the highest risk of being readmitted to the hospital. While this is a problem for all payers, the estimate for Medicare is that readmissions cost $15 billion a year and $12 billion of these readmissions are considered preventable.”
The Janssen Connected Care Challenge is looking for approaches that will improve a physician’s connectivity to patients during the recovery process as well as after they are discharged from the hospital. They have a particular interest in technology that increases communication and facilitates information sharing between hospitals, patients, care givers, and community-based doctors. Ideally, these approaches will be affordable for both patients and hospitals, and can include “low tech” solutions such as text messages reminding patients to schedule a followup appointment with their doctor.
Submissions for the contest will be accepted from February 27, 2012 until March 25, 2012. From those submissions, there will be three finalists who will be awarded $50,000 each and have the opportunity to work with healthcare experts to refine their solution.
Each finalist will present their ideas to a panel of judges at a Demo Day in May. The final winner will be selected on May 23, 2012 and awarded $100,000 to help bring their concept to market. A total of $250,000 will be given away as part of the contest. Janssen Healthcare Innovation is also collaborating with the National Transitions of Care Coalition (NTOCC), which is providing valuable input on the evaluation criteria for submissions as well as identifying care transition experts to participate in the panel of judges.
Source: Wall Street Journal