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HIT startups: Get your video pitches ready for Monday deadline for Cleveland Clinic challenge

The Cleveland Clinic’s New Ventures Healthcare Challenge, which is searching high and low for an early-stage Health IT company, has extended its first round deadline to Monday, June 30, 2014. The challenge’s panel of experts will be looking for innovative ideas that will revolutionize the world of healthcare. According the the challenge’s website, “Whether your technology will […]

The Cleveland Clinic’s New Ventures Healthcare Challenge, which is searching high and low for an early-stage Health IT company, has extended its first round deadline to Monday, June 30, 2014.

The challenge’s panel of experts will be looking for innovative ideas that will revolutionize the world of healthcare. According the the challenge’s website, “Whether your technology will solve challenges in domains such as payment reform, access to care, consumer engagement, operational efficiency, or a domain we haven’t even thought of, we want to hear about it — and we want the world to know about it.”

The challenge website says the round one submission must be a 90-second video clip that lays out the big ideas of participating companies, including:

  • What is unique about your technology?
  • Why do you feel this technology will be game changing?
  • How big will the impact be?
  • What are your company’s strategic goals?

The challenge will kick off the Medical Innovation Summit on October 27. Companies will then have the opportunity to present their technology to an audience of healthcare industry professionals, clinicians, investors and of course the panel of HIT experts and investors.

According to the challenge’s website, after all three rounds of the competition are completed, the winner will receive, “a free consultation from commercialization experts at Cleveland Clinic Innovations and its Innovation Advisory Board. The winner will also have the opportunity to showcase its product to a select group of Cleveland Clinic caregivers.”

Dr. C. Martin Harris, the Clinic’s chief information officer, is one of the judges. Read what he said about HIPAA at a Congressional hearing this week and be equally bold when pitching your idea.