Florida Blue Health Innovation Competition
2019 Competition Flyer "Big Data to Solve Chronic Health Conditions in the U.S."
2018- 12 finalist teams- presenters during the pitch competition
2018- Awardees (from left to right): Sirikanya Sellers, Michael Jernigan, Jordan Douglass, Chelsea Reeves,Tram Pham , Evita Conway, Michael Klienman,Fiorella Marquez
2019 COMPETITION THEME:
Innovations to solve major problems in treating and managing Obesity, Diabetes and/or Heart Disease using Data Analysis
ABOUT THE COMPETITION:
- Open to all Undergraduate, Graduate, PhD and Medical students at any university or college in Florida.
- Innovations cannot have been incorporated for longer than 12 months or have investment or annual revenues in excess of $100,000.
- Offers the opportunity for selected ideas to be mentored and further developed during the summer and early fall.
- The event concludes with a pitch competition in early Fall when finalists present their solutions to a panel of health care experts, successful entrepreneurs and business executives.
COMPETITION AREA OF FOCUS
Competitors should submit innovative solutions to Obesity, Diabetes and/or Heart Disease leveraging big data. The National Center for Health Statistics (NCHS) estimates the prevalence of obesity was 39.8% and affected about 93.3 million of US adults in 2015-2016. Obesity-related conditions include heart disease, stroke, type 2 diabetes and certain types of cancer that are some of the leading causes of preventable, premature death.
“Big data in health care” unlock abundant health data amassed from numerous sources. By leveraging innovative software and analytics tools, big data has the potential to accelerate the movement toward value-based health care and to drive remarkable advancements that improve health outcomes and reduce costs.
Source: Adult Obesity Facts- Center for Disease Control and Prevention Link: https://www.cdc.gov/obesity/data/adult.html
Healthcare Big Data and the Promise of Value-Based Care- Massachusetts Medical Society Link: https://catalyst.nejm.org/big-data-healthcare/
CHRONIC DISEASE IMPACT
- More than 100 million U.S. adults are now living with diabetes or prediabetes, according to a new report released today by the Centers for Disease Control and Prevention (CDC). The report finds that as of 2015, 30.3 million Americans – 9.4 percent of the U.S. population –have diabetes
- According to CDC Heart Disease in the United States. About 610,000 people die of heart disease in the United States every year–that's 1 in every 4 deaths. Heart disease is the leading cause of death for both men and women. More than half of the deaths due to heart disease in 2009 were in men.
Source: New CDC report: More than 100 million Americans have diabetes or prediabetes Link: https://www.cdc.gov/media/releases/2017/p0718-diabetes-report.html
CDC Report -Heart Disease Facts https://www.cdc.gov/heartdisease/facts.htm
BIG DATA IMPACT
- The implementation of big data provides better alerts for patients and caregivers.
- With the wealth of information that healthcare data analytics provides, caregivers and administrators can now make better medical and financial decisions while still delivering an ever-increasing quality of patient care.
- Many industries have reported big data processing as “successful,” and big data initiatives have been “transformational” for their firms
- First place $15,000
- Second place $5,000
- Third place $2,500
- March 15th: Applications Open
- June 1st: Final day to apply
- Mid-June: Up to 12 team competition finalists will be notified
- May - September: Mentorship and development of innovations are offered by health care professionals.
- September: The pitch competition takes place in at the GuideWell Innovation CoRE in Orlando’s Lake Nona Medical City- September 18th-19th
The program is available thanks to contributions from USF Center for Entrepreneurship at the Muma College of Business, Florida Blue and the GuideWell Innovation CoRE.
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