Global Innovation Search - Louisville Healthcare CEO Council

The Global Innovation Search (GIS) provides innovators from around the world with an opportunity to showcase their operational efficiency and workforce engagement solutions and gain access to customers, capital, and mentorship.

GIS finalists will be selected to participate in the CareTech Pitch competition at OPTIMIZE, the premier aging innovation conference, held September 27-28, 2023, in Louisville, KY, USA. At least one finalist will win the opportunity to participate in a paid pilot program and receive potential investment from the CEO^cfund.

The 2023 CEO^cDiscovery Lab Findings Report – Operational Efficiency & Workforce Engagement provides additional information on the opportunities for innovation. GIS is targeting innovations that address the wishlist items discussed in the report.

VIEW DISCOVERY LAB REPORT

Important Information

TOPIC: Top Innovations Requested
- Task automation, reducing administrative burden, allowing clinical staff to focus on providing quality care.
- Scheduling optimization for improved outcomes in both patients and providers.
- AI and machine learning tools to augment and support clinical decisions, leveraging evidence-based guidelines and recommendations.
- Optimization of care mix based on reimbursement level and payor mix, including digital therapeutics, telemedicine, and remote therapeutic monitoring.
- Automation, centralization, and standardization of compliance, including credentialing and prior authorization.
- Facilitate communications and continuity of care during transitions, supporting a comprehensive care management plan leveraging interoperability.
CRITERIA: Evaluating Proposals From Innovators
- Impact on Operational Efficiency and Workforce Engagement: The potential of the product to address the challenges identified in the Discovery Lab Wish List.
- Product Idea: Clarity and importance of the problem, quality of overall concept, differentiation of the product, and the practicality of product or service.
- Implementation: How innovators present their idea, including diversity and strength of team, and clarity of stage, scalability, and strategic plan.
- Integration: How well the innovation integrates into potential workflows, demonstrates a solid understanding of the market dynamics, existing players, and public and private reimbursement schemes. How responsive is the innovator to mentoring and adapting to the challenges of the healthcare system?
TIMELINE
- Applications open: May 17 – June 14, 2023
- Aging2.0 nomination period: May 17 – June 23, 2023
- Evaluation period: June 24 – 25, 2023
- Online public voting: July 3 – 7, 2023
- Expert voting: July 8 – 18, 2023
- Finals at CareTech Pitch at OPTIMIZE: September 28, 2023
GUIDELINES
- The most competitive applicants will be commercial-stage companies (late venture or early growth) with actively developed and marketed products addressing the challenges associated with an increasing older-adult population and able to benefit from the unique position CEO^c and Aging2.0 have created to gain insight and data from member companies.
- Products must be on the market for less than 3 years from the date of the pitch event (if it has launched).
- Founders or C-level executive (or equivalent) must be the person presenting.
- Innovators must apply via the application form linked below.
- If selected, innovators are able to pitch at multiple Global Innovation Search events.
- GIS is not only open to startups. Established companies and nonprofits are welcome to apply if they have recently (within the last 3 years) launched an innovative solution to improve the lives of older adults.
- The search does not have a specific geographic focus, but will leverage the unique value proposition of CEO^c and its member companies to move companies to Louisville, Kentucky, USA, when mutually beneficial to support company growth and economic vibrancy.