WiserCare Named Winner of the HX360 Innovation Challenge
HX360 recently announced that WiserCare won the inaugural HX360 Innovation Challenge competition, which sought to recognize digital health companies that best demonstrate an ability to improve the patient experience in healthcare provider settings. Along with co-winner Ginger.io, WiserCare was selected from an original field of eighty-three entrants, with four finalists presenting their solutions live before an esteemed judging panel during the HX360 program at HIMSS15 last week in Chicago.
Entrants were judged on several criteria, including demonstrated patient satisfaction improvements, increased patient convenience and access, empowerment with health information, proof of positive impact and market readiness. Technical considerations included interoperability with existing IT systems, workflow impact, superior user interface and scalability. Judges included senior health system executives, HIT executives and venture capitalists.
“WiserCare’s novel approach to shared decision making demonstrates how profoundly their technology-enabled solution can transform the patient experience by guiding smarter, more confident treatment choices,” said Roy Smythe, MD, CEO of HX360. “Our congratulations to the WiserCare and the other finalists. The impressive field of applicants points to the rich potential of emerging companies in driving innovation.”
As a winner of the challenge, WiserCare will receive $75,000 in prize money and legal services that will be used to fund new pilot programs at U.S. not-for-profit health systems using WiserCare’s personalized shared decision making platform. WiserCare will operate its pilots at a healthcare system to be identified by AVIA, the provider-led healthcare accelerator that co-founded HX360 with HIMSS.
The HX360 Innovation Challenge was made possible through the sponsorship and support of Philips, Providence Health Systems, McKesson Ventures, the California Health Care Foundation, Azul7, HLM Venture Partners, Matchpoint Partners and Chrysalis Ventures; Morrison & Foerster was the exclusive sponsor representing the legal services industry.
WiserCare: uses a patented intelligent agent to analyze the patient’s clinical situation, quality of life preferences and treatment goals, and provide personalized, evidence-based guidance on what treatments fit best. This equips patients and physicians to act as decision partners in ways other tools and approaches simply can’t.
HX360, co-developed by HIMSS and AVIA, invites health system leaders to reinvent care delivery by harnessing the potential of next generation technologies, and focuses on the structures and processes that will make their use more effective. HX360 focuses on improving the way health care is delivered by both inspiring and facilitating the adoption and use of next generation (non-EHR platform) technologies by provider organizations, in areas where health system executives are passionate to combine the right mix of resources, process and technology.
AVIA is the provider-led healthcare technology accelerator. AVIA addresses healthcare’s most pressing challenges by working with provider organizations to identify and implement the best emerging tech-enabled solutions. AVIA’s business model tackles the biggest problems in healthcare through its Innovation Cohorts. Innovation Cohorts are a group of provider organizations focused on solving a common challenge, they work through AVIA to strategically source and implement the best solutions. This offers providers a higher probability of success and a quick path to impact. AVIA is headquartered in Chicago and currently partners with several large healthcare providers in delivering innovation and change necessary in today’s healthcare environment.
HIMSS is a global, cause-based, not-for-profit organization focused on better health through information technology (IT). HIMSS leads efforts to optimize health engagements and care outcomes using information technology. HIMSS is a cause-based, global enterprise producing health IT thought leadership, education, events, market research and media services around the world. Founded in 1961, HIMSS encompasses more than 52,000 individuals, of which more than two-thirds work in healthcare provider, governmental and not-for-profit organizations across the globe, plus over 600 corporations and 250 not-for-profit partner organizations that share this cause. HIMSS, headquartered in Chicago, serves the global health IT community with additional offices in the United States, Europe, and Asia.