hero – Innovation Engines
THE HEALTHCARE INDUSTRY IS IN THE MIDST OF A HISTORIC PERIOD OF CHANGE.
Intro
Innovation is hard everywhere.
It’s even harder in health.
By joining The Health Innovation Platform powered by Boomtown, corporate partners leverage the power of open innovation to solve complex business challenges, reduce the existential threat of disruption, increase cost effectiveness of health care, and advance healthier outcomes for everyone. The platform connects major industry partners with the best health startups and innovators worldwide, then facilitates structured and focused collaboration over time as all parties work together to overcome the validation obstacles blocking industry acceptance for new innovations.
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Healthcare Financial Management Association (HFMA)
innovation focus areas
Innovation Focus Areas
Virtual Care
COVID-19 accelerated a significant trend towards remote care, where much of healthcare can be performed and monitored in the patient’s home.
Dual Focus on Chronic Care & Population Health
With 90% of healthcare spending going to treat patients with chronic conditions, providers and payers are looking for ways to improve care and reduce costs, and simultaneously investing much more in proactive solutions to keep people healthy.
Mental & Behavioral Health
Behavioral Health has become a top priority as the stigma associated with mental health care is lessening, and the demand for services is skyrocketing.
Consumers as Decision Makers
More of the decision-making and costs associated with healthcare are shifting to consumers, and they are demanding a better user experiences and more economical solutions.
Self-Insured Employers (SIEs)
Large employers are aggressively looking for creative and cost-effective ways to provide better and more economical care for their employees.
Health Equity
All businesses in the US need to be clear about how they are addressing Equity in general, and Health Equity specifically as it relates to their employees and customers.
Womens’ Health
Women’s health is a global health priority. The push is on to address sexual and reproductive health, as well as other health issues that occur throughout life.
Wellness & Lifestyle
This multi-trillion dollar market presents an incredible opportunity to leverage the combination of increased consumer interest and widely available enabling technologies.
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