The Global Center for Health Innovation (GCHI), Cuyahoga County,BioEnterprise, and HIMSS (Healthcare Information and Management Systems Society) are pleased to announce the inaugural Medical Capital Innovation Competition participants. Registered teams represent a variety of big data healthcare categories including patient engagement and compliance, clinical trial optimization, EHR (electronic health records) optimization, and decision support.

Following are the selected competitors:

“The Innovation Competition attracted 180 applications from industry professionals and university students,”said Carla Smith, executive vice president of HIMSS. “I am thrilled to see the level of interest and expertise in this first inaugural Medical Capital Innovation Competition applicants and I am especially looking forward to observing the new health IT solutions that develop.”

The inaugural Medical Capital Innovation Competition “All Things Data in Healthcare,” will be held in the HIMSS Innovation Center at the GCHI, Cleveland, OH, April 25-26, 2017. Professional and collegiate teams will compete for $100,000 in prizes, mentoring, and access to business advisors, including world-class

healthcare systems and collaborators. Interested individuals, community members, and friends and family are invited to watch the presentations on the second day of the competition, April 26^th. Admission is free. For more information, and to register: www.medicalinnovationcompetition.org.

“One of the key strengths of Cuyahoga County is healthcare and it makes good sense to build upon those assets,” said Cuyahoga County executive Armond Budish. “This competition promotes a culture of healthcare innovation and fosters further economic development - creating new products and services, helping businesses flourish and supporting job creation.”  

The healthcare industry generates massive amounts of data. Emerging trends, including Internet of Things (IoT) and Bring-Your-Own-Device (BYOD), magnify not just the volume of data, but also the number of sources and formats. The industry is only beginning to scratch the surface of managing and optimizing all of the data collected. 

“Cleveland, The Medical Capital, continues to build upon the strengths of its health IT assets,” said Aram Nerpouni, president and CEO, BioEnterprise. “In the health IT and service sector alone, Cleveland-area startup funding more than doubled from $20 million in 2015 to $50 million in 2016. The Medical Capital Innovation Competition will only further future growth of this important sector.”

For more information: www.TheMedicalCapital.com.