Vizient Announces Participants for the 2018 Innovation Challenge

IRVING, Texas–(BUSINESS WIRE)–Vizient
today announced the participants for the sixth annual Innovation
Challenge
, an event designed to highlight the best new ideas in
healthcare today. The Innovation Challenge will be held on Oct. 3 at
3:45 p.m. as part of the opening general session for the 2018 Vizient
Connections Summit to be held at The Wynn in Las Vegas.

The Innovation Challenge is an interactive pitch competition that offers
a unique opportunity for health care startup companies who are revenue
producing and have market traction but still in the early growth stages
of their business. This year’s competition will feature finalists in
virtual care/remote monitoring and care coordination and communication
domains. The participants in the respective domains are:

Virtual Care/Remote Monitoring

  • VitalConnect:
    Their Vital SolutionTM biosensor provides continuous
    patient monitoring, anytime anywhere – enabled by VitalPatch®, a
    state-of-the-art wireless, wearable biosensor monitoring eight
    physiological measurements continuously, in real time. They are all
    connected through user-friendly web connected interfaces and the cloud.
  • Moving
    Analytics
    : Movn is a digital cardiac rehab and secondary
    prevention program for cardiovascular disease. Designed specifically
    for low to moderate risk patients with CAD or CHF and comorbidities
    like diabetes and COPD, at one-fourth the cost of current care while
    three times higher in participation of current care.

Care Coordination/Communication

  • PreparedHealth:
    enTouch keeps a patient’s entire health care team in touch in
    real-time, making it easier for providers to connect and collaborate.
    With the enTouch Network, everyone stays connected via HIPAA-compliant
    communication, receiving care updates as they happen, with automated
    alerts and artificial intelligence flagging opportunities for
    intervention and improving the odds a patient’s in-home care will be a
    success.
  • CoHealth
    (formerly ScoutMD): CoHealth is a personal health manager delivered to
    patients at the point of care. Health care organizations create custom
    aftercare content, digitize the discharge process and improve the
    ability of patients to take care of themselves through ScoutMD.

The competition will include two contestants each going head-to-head in
the virtual care/remote monitoring and care coordination/communication
domains. Each contestant will deliver an eight-minute product pitch then
participate in a five-minute question and answer session from an expert
panel that includes two CEOs from Vizient member hospitals, an investor
and Vizient’s President and CEO Byron Jobe. A live audience, made up of
roughly 2,000 health care professionals attending the 2018
Vizient Fall Connections Summit
, vote for their favorite innovation
during the head-to-head portion of the competition in each of the
domains. The overall winner will be selected by a second live audience
poll based on their response to an audience question.

“We are excited about the companies competing in this year’s Innovation
Challenge. This competition is an entertaining and interactive way to
bring some of the newest and smartest technology to our members and to
also raise awareness of these companies who are working on solutions
that help improve patient care,” said Bharat Sundaram, president,
analytics and advisory services for Vizient.

For more details about the competition visit: http://www.cvent.com/events/2018-vizient-fall-connections-summit/custom-118-cc7e0bfe0cda4b419bf82edb2418b916.aspx

About Vizient, Inc.

Vizient, Inc., the largest member-driven health care performance
improvement company in the country, provides innovative data-driven
solutions, expertise and collaborative opportunities that lead to
improved patient outcomes and lower costs. Vizient’s diverse membership
base includes academic medical centers, pediatric facilities, community
hospitals, integrated health delivery networks and non-acute health care
providers and represents approximately $100 billion in annual purchasing
volume. The Vizient brand identity represents the integration of VHA
Inc., University HealthSystem Consortium and Novation, which combined in
2015, as well as MedAssets’ Spend and Clinical Resource Management (SCM)
segment, including Sg2, which was acquired in 2016. In 2018, Vizient
again received a World’s Most Ethical Company designation from the
Ethisphere Institute. Vizient’s headquarters are in Irving, Texas, with
locations in Chicago and other cities across the United States. Please
visit www.vizientinc.com
as well as our newsroom,
blog,
Twitter,
LinkedIn
and YouTube
pages for more information about the company.

Contacts

Vizient, Inc.
Angie Boliver, 972-830-7961
angie.boliver@vizientinc.com

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