Webinar

Dec. 1, 2015 - Pilot Health Tech NYC Q&A Webinar


Funding program

Pilot Health Tech NYC provides  funding to  innovative pilot projects to take place in New York City. The program seeks to match early-stage health or healthcare technology companies (Innovators) with key NYC healthcare service organizations and stakeholders (Hosts), including hospitals, physician clinics, payors, pharma companies, nursing associations, major employers and retailers. The program seeks to fund projects that have a clear path to commercialization beyond the pilot. Each pilot project will test a technology prototype in a healthcare setting for a period of approximately 4-9 months in order to evaluate the technology for purchase by the Host.


Prizes and Perks

$1,000,000 over three years in total awards, plus workshops, recognition, conference demo is available to winners. For proposals due in December 2015,  Pilot Health Tech NYC anticipates awarding pilot projects as follows:

Complex Systems (One $100K award is available) - These proposals are characterized by:

  • Big, complex host settings
  • Large-scale deployment of custom-built hardware
  • Extensive systems integration on the back end
  • An innovator who directly provides patient support (e.g. call center, remote health coaches)

Scalable Solutions (Seven $50K awards are available) - These proposals are characterized by:

  • Moderately complex host settings
  • SaaS deployments with minimal-to-moderate systems integration

Turn-Key Projects (Two $25K awards are available) - These proposals are characterized by:

  • Minimally complex host settings
  • Deployment of a native app
  • Deployment of pre-existing hardware.

Pilot Health Tech NYC will fund up to 50% of the cost of winning pilots, up to a maximum value determined by the complexity of the pilot. If you are selected as a winner, a maximum of 50% or $33,333 of the award, whichever is less, will be paid upon completion of Declaration of Eligibility.

Winners also receive the following:

  • In-kind donation of services or resources from your partner Host or Innovator, including staff hours, IT resources, physician input, access to data as well as other costs associated with the pilot.
  • Pilot planning and implementation support from the program organizers, NYCEDC and Health 2.0.
  • Be invited to Grantee Day, an exclusive event for winners of the program, where Hosts and Innovators receive additional mentorship, enjoy networking and benefit from PR assistance and legal advice. Grantee Day helps winners ready their pilots for launch, with expert speakers providing guidance on measurement, evaluation and other best practices.
  • The opportunity to be featured on the main stage of Health 2.0's Fall Conference in front of 2,500 leaders in digital health.

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Timeline

Applicants:

  • Launch – Tuesday, September 8, 2015
  • Find a Pilot Partner Applications Due – Thursday, October 8, 2015
  • Notification of Match – Monday, October 19, 2015
  • Matchmaking Sessions – Wednesday, October 28, 2015
  • Informational Webinar (online) – Wednesday, November 4, 2015
  • Funding Program Q&A Webinar - Thursday, December 3, 2015
  • Deadline for Funding Program – Friday, December 18, 2015
  • Judging Period – January 2016
  • Pilot Day – Wednesday, February 17, 2016

For winners only:

  • Pilot planning and implementation: March 2016 and onwards
  • Grantee Day – Wednesday, March 30, 2016

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Eligibility

Host Eligibility: The Host must be a healthcare organization or employer with a strong presence in NYC (e.g. large employers, hospitals, physician clinics, payers, pharmaceuticals, nursing associations, universities, disease foundations, community health organizations, retailers etc.) and must meet the following eligibility criteria:

  • Both healthcare and non-healthcare organizations are encouraged
  • Healthcare organizations must serve no fewer than 150 patients (if a provider) in the NYC metropolitan area
  • Non-healthcare organizations must employ at least 250 people in NYC (with some exceptions)
  • Ability to allocate time and resources to plan and implement the pilot project
  • Allocate one business-minded champion to shepherd project from the initial application through the pilot’s implementation

Hosts should have well-defined organizational processes for the evaluation and deployment of new technologies. 
Innovator Eligibility: The Innovator (an early-stage healthcare technology company) must have robust, commercial solutions ready to deploy to hosts that can be tested in the host setting in NYC and meet the following criteria:

  • Demonstration of financial stability, managerial capacity, and scalability
  • Maximum number of 100 employees (with some exceptions)
  • Less than $50M in venture capital funding raised (with some exceptions)
  • Must have a primary place of business in NYC (>50% of employees work in NYC) at the time of the submission.
  • Innovator applicant has not previously won a Pilot award for the same product. 

 

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Priority Areas

The New York City healthcare community – including healthcare providers, payors, academic medical institutions, and entrepreneurs – participated  in the Eds & Meds 2020 strategic review of the healthcare technology sector led by the New York City Economic Development Corporation (NYCEDC). These stakeholders identified priority areas below in which innovative technologies can help address the Affordable Care Act by improving the quality of care and reducing healthcare costs. Applicants are encouraged, but not required, to address these priority areas with their technology submissions.

Novel Technologies:

  • Wireless health and home monitoring devices
  • Enterprise technology
  • Medical devices
  • Tech-based medical devices (i.e. with software component)

Data Use:

  • Data analysis to improve outcomes and/or reduce cost of care
  • Population level data analytics and predictive modeling

Patient Management:

  • Tools to improve patient compliance and disease management
  • Medication adherence and medication checking
  • Tools to improve communication and patient satisfaction metrics
  • Tools to manage clinical trials and patient networks
  • Effective marketing methods for new patients

Process Improvement:

  • Care coordination and integration
  • Productivity enhancements and streamlining processes

Consumer well-being and engagement:

  • Fitness and wellness
  • Healthy eating
  • Access to data and patient empowerment

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Submission Requirements

Check back soon for more details!

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Evaluation Criteria

Applications will be evaluated by an expert judging panel using six key criteria and weights listed below:

  • Pilot Proposal & Design (25%): Includes the quality of the pilot concept, feasibility, potential for success and ability to meet all milestones, cost-effectiveness, sustainability and scalability of the pilot to a broader population in the long term
  • Innovator company’s product potential (20%): Includes innovativeness of technology product, capabilities and potential for commercial success
  • Strength of Match (10%): How well the Host and Innovator fit together
  • Pilot Budget and Scale (10%): Includes the efficiency, completeness and realism of the pilot’s budget. The Pilot Health Tech NYC organizers value a diversity of pilots by size and type
  • Potential for health impact (10%): Includes the potential impact on critical health care needs
  • Potential of Impact of NYC (25%): Includes the potential impact on the creation of NYC-based healthcare technology jobs. This includes existing jobs or plans for presence in NYC with regards to the number of employees, office space, or potential for growth. The highest scores will be reserved for companies that submitted a Memorandum of Understanding between the two parties that will lead to a commercial contract, if certain pilot metrics are met.
     

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Milena Adamian, Director at Life Sciences Angel Network

Deborah Estrin, Professor of Computer Science at Cornell Tech

Richie Etwaru, Chief Digital Officer at IMS Health

Richard Forman, Managing Partner at Health Venture Group

Jeff  Frey, ‎IT Director of Digital Experience at MD Anderson

Vivek Garg, Director of Medical Operations at Oscar

Tina Joros, Business Development at Allscripts at Allscripts

Lexie Komisar, Business Development Lead  at IBM Watson

Andy Krackov, Sr. Program Officer at CHCF

Craig Lipset, Head of Clinical Innovation at Pfizer

Cecil Lynch, CMIO at Accenture

Jeff Makowka, Director, Market Innovation at AARP

Sandeep Patel, Open Innovation Manager at US Department of Health and Human Services

Todd Pietri, General Partner at Milestone Venture Partners

Erik Pupo, Managing Director, North America Clinical and Health Management Services at Accenture

Mitesh Rao, Co-Director, Center for Innovation & Scholarship at Stanford HealthCare

Jeffrey Ries, Manager at Intermountain Innovation Fund

Elizabeth Rounsavall, Director, Research & Analytics at Chrysalis Ventures

Sonia Samagh, Director, Innovation and New Market Transformation at DaVita Partners

Shahid Shah, Chairman at HealthIMPACT

Jason Sibley, Director at GE Ventures

Susan Siegel, GE Corporate Vice President and CEO, healthymagination GE at GE healthymagination

Bryan Spielman, EVP Strategy and Corporate Development at Medidata Solutions Worldwide

Tamara St.Claire, Chief Innovation Officer at Xerox

 

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