The New Jersey Innovation Institute (NJII), an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners and Hackensack University Medical Center John Theurer Cancer Center hosted an Entrepreneur Showcase on May 25, 2016.
As a health care Charter Member of NJII, Hackensack University Medical Center (HackensackUMC) has partnered with NJII’s Healthcare Delivery Systems Innovation Lab (iLab) and HealthIT Connections Program to make meaningful advances in care using innovative healthcare technologies and software solutions.
This inaugural Entrepreneur Showcase was held at HackensackUMC’s John Theurer Cancer Center (JTCC) in which Dr. Andrew Pecora, HackensackUMC’s chief innovations officer and vice president of Cancer Services, Anthony delCampo, HackensackUMC’s executive director of the office of commercialization and technology ventures, and Tomas Gregorio, senior executive director of NJII’s healthcare delivery systems iLab, opened the day’s welcoming remarks in the spirit of bringing technology to the doorstep of Hackensack’s clinical teams.
Dr. Andrew Pecora began with highlighting HackensackUMC’s focus on research and innovation as an institutional place of discovery and encouraging the clinical audience members to engage with the entrepreneurs’ presented solutions. Anthony delCampo stated, “Hackensack Innovation Showcase, in partnership with NJII, featured 10 entrepreneurs focused on presenting their companies’ patient-centered healthcare information technology (HIT) solutions in line with our vision at Hackensack University Medical Center to provide innovative medical care.” Tomas Gregorio added that the NJII iLab aimed to provide “a different perspective and lens based on the needs of HackensackUMC’s organization.”
The main goal of the event was to allow NJII-vetted entrepreneurs the opportunity to demonstrate how their technologies and software would solve healthcare problems or help to create a better patient experience at HackensackUMC. Related goals included providing feedback from the HackensackUMC audience members to companies and fostering interest in developing a collaborative pilot program between HackensackUMC and the companies.
Companies that presented and generated significant interest among audience members included: Angels Mobile, CareNav, IHadCancer.com, Mana Health, Medivizor, MedM, PayPerks, Totally Pregnant, VOX Telehealth and WatchRx, Inc. These companies “have traction, active pilots, and paying customers as they generate revenues ranging from $250,000 to $5 million,” said Travis Kahn, the program manager of the NJII HealthIT Connections Program, which helps entrepreneurs to scale their information technology companies and take their businesses to the next level. Six of the companies are incubating in the NJII HealthIT Connections Program and four of the companies are partners from the Israeli Economic Mission represented by Rebecca Weinberg.
Tom Bartiromo, NJII Health iLab chief technology officer added that “These events are where preparation meets opportunity; creating the conditions necessary for a pipeline of innovative companies and solutions to advance care based priorities.”
Dr. Pecora concluded, “It was a wonderful morning for our physicians and staff to take part in an exchange with aspiring companies who aim to facilitate our efforts to improve care and the lives of our patients. Our relationship with NJII has accelerated our efforts to become a major enabler of entrepreneurship in the healthcare sector.”
Those interested in setting up a similar activity with the NJII Healthcare Delivery Systems iLab at their hospital should contact Carly Cricco at (973) 642-4055.
Startups that wish to join the HealthIT Connections Program, should contact Judith Sheft at (973) 596-5825.
The New Jersey Innovation Institute (NJII) is an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners. Through its Innovation Labs (iLabs), NJII brings NJIT expertise to key economic sectors, including healthcare delivery systems, bio-pharmaceutical production, civil infrastructure, defense and homeland security, and financial services.