The 2016 Prime Health Challenge took place in Denver last week on Oct. 19th with the goal of solving healthcare industry woes. Six leaders of digital health startups pitched their ideas and visions to a panel of 15 representatives from major healthcare corporations including HCA, Kaiser Permanente and Centura Health. The event was presented by Prime Health, a business ecosystem of healthcare that’s committed to advancing the healthcare industry through digital health innovations, according to their website.
According to Cyber Med News, the six finalists were chosen from 30 digital health startups who applied for the Challenge through a rigorous selection process known as Prime Health Qualify. With the help of clinicians, executives, investors, and technologists, Prime Health Qualify evaluated the health tech startups and selected the companies that offered innovations that are ready to be adopted within the healthcare system.
Each of the startups that pitched last Wednesday aimed to solve a problem in the healthcare industry. For example, Chris Lee of Quantant Technology recognized that the process of medical image sharing between hospitals was inefficient. Lee noted that many healthcare professionals are still using antiquated technology such as CD’s to view and share images. The company’s technology, Quantant Share, allows clinicians to view and share images securely, while adhering to HIPAA compliance, amongst healthcare providers.
The Challenge is in its third year of operation and has helped several startups secure valuable partnerships with large healthcare companies. Prime Health has been a key player in putting Colorado on the digital health industry map and events like the Prime Health Challenge and Innovation Summit continue to keep the healthcare innovation spirit alive and well.