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Insights for innovators from a payer perspective at Healthcare's Grand Hackfest

At Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, at Massachusetts Institute of Technology, day two of the program began with presentations from a panel of keynote speakers who shared some words of wisdom for innovators in the group.

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Nicola Parry
on March 15, 2014
Category:  Ideation 
Healthcare's Grand H@ckfest starts now

Healthcare's Grand H@ckfest, a collaboration between the Kauffman Foundation and MIT's H@cking Medicine, kicks off tonight in Boston.

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Zen Chu
on March 14, 2014
Category:  Ideation 
Definition: Bootstrapping

Bootstrapping refers to sustaining a business through personal investment and without external help.

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Christina Hernandez Sherwood
on March 12, 2014
Category:  Creation 
Why healthcare entrepreneurs shouldn’t get caught up in features

Hermes IQ is a healthcare IT company that creates software to manage clinical information. Like many other healthcare startups, regulatory strategy has been a major issue for the company.

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Christina Hernandez Sherwood
on March 11, 2014
Category:  Creation  Execution 
What are the different tech accelerators vs. health tech accelerators?

Accelerators are organizations that support entrepreneurs and their startups.

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Zen Chu
on March 10, 2014
Category:  Ideation  Creation 
How open innovation can overcome the complexity of healthcare entrepreneurship

Physician-inventors often spend the majority of their time secretly gathering data for a clinical paper or patent filing, convinced they have a billion-dollar idea and reticent to discuss it publicly. But the reality is that most inventions fail to address clinical efficacy.

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Zen Chu
on March 07, 2014
Category:  Ideation 
Healthcare tech entrepreneurs can take the Shark Tank plunge in Boston

Early-stage health technology entrepreneurs and startups can plunge into the "shark tank" at Brigham and Women's Hospital next month for the chance to find a clinical partner.

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Christina Hernandez Sherwood
on March 06, 2014
Category:  Ideation  Creation 
Definition: Clinical trials

Clinical trials are research studies to test the effectiveness of new medical approaches in people.

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Christina Hernandez Sherwood
on March 05, 2014
Category:  Execution 
Why healthcare entrepreneurs should focus on meaningful metrics

When patients, doctors, hospital executives, and payers all care about a different metric, finding a measurable return on investment (ROI) can be difficult for healthcare entrepreneurs.

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Christina Hernandez Sherwood
on March 04, 2014
Category:  Creation  Execution 
What are the open APIs available to access medical data?

The term "open API" refers to technologies that allow two different computers to talk to each other. Healthcare entrepreneurs can use open APIs to access medical data that will help them develop their product or service.

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Zen Chu
on March 03, 2014
Category:  Ideation