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Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director ST.921 HST.922 HST.923 HST.924 Spring 201 Bryan Bergeron, MD Assistant Directors Chandrika Samarth, MBA Course Fellow

Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

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Page 1: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Enabling Technology Innovation in Healthcare and the Life Sciences

Steven Locke, MDCourse Co-Director

Mirena BagurCourse Co-Director

HST.921 HST.922 HST.923 HST.924 Spring 2014

Bryan Bergeron, MDAssistant Directors

Chandrika Samarth, MBACourse Fellow

Page 2: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Agenda• Course Mission Statement• Course Overview

– Faculty, Students, and Sponsors– Lectures – Tutorials– Practicum – Projects and Final presentations

• FAQs– Registration & Credit

• Q&A• Contact

Page 3: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

HST.921: Enabling Technology Innovation in Healthcare and the Life Sciences

http://hst921.org

Lectures: Tuesdays, 4:00-5:30pmTutorials/Lab: Tuesdays, 5:45-7:00pm

Place: MIT E51-151 Classes start Tuesday, Feb 4th

Page 4: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Mission Statement

To empower students to:critically analyze a current -- or future -- problem in health care and the life sciences, and working in teams, develop a novel solution using information technologies.

Page 5: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Course Faculty

Steven Locke, MDResearch Psychiatrist, Division of Clinical InformaticsBeth Israel Deaconess Medical Center Associate Clinical Professor of Psychiatry,Harvard Medical SchoolAffiliate Faculty, Division of Health Sciences and

Technology, MIT

Bryan Bergeron, MDPresident, Archetype TechnologiesAssistant Professor of Health Sciences

and Technology, MIT

Chandrika Samarth, MBA

Course FellowDirector of research at a grant funded start up

Mirena BagurCONTeXO GroupThe Capital NetworkMIT Enterprise ForumMTLCAffiliate Faculty, Division of

Health Sciences and Technology, MIT

Page 6: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Industry Mentors• Winfried A. Burke

– CEO, iGetBetter; serial entrepreneur/software

• Francis X. Campion, MD– Vice President of Clinical Affairs, Alere Analytics – Diplomate, Clinical Informatics, American Board of Preventive

Medicine

• Renu Chipalkatti– Executive Director, Healthcare and Incubation @ Verizon

Enterprise Solutions

• Greg Erman– CEO, lecturer, serial entrepreneur, med devices

• Mark Hauser, MD– OnSite Psychiatric Services

Page 7: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Expert Panelists

• Daniel Sands, MD Change Agent in Doctor Patient Comm• Lynne Dunbrack Analyst, IDC – Health Industry Insights• David Judge, MD CIMIT• Craig Schneider, Ph.D Mass Health Data Consortium• Al Lewis, JD Founding President, DMAA• Christian Cortis Partner, ATVentures• Anita Goel, MD, Ph.D CEO, Nanobiosym• Deb Theobald CEO, VECNA • Richard Anders Investor, Mass Medical Angels • Peter Lomedico Juvenile Diabetes Foundation• Josh Feast CEO, Cogito Health• Stan Nowak CEO, SilverLink• Michael Lemnitzer Philips Telehealth

Page 8: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Student Comments"HST921 was an incredible experience for me. It was an excellent opportunity to meet face-to-face with recognized leaders in the field who are working on really difficult problems and willing to mentor students who are interested in getting involved. HST921 is both an industry overview and an entrepreneurship class in one - which was exactly what I was looking for.”

-- Krishna Yeshwant, Harvard MD/MBA 2009

2008 MIT $100K Competition winner

and 2008 Harvard Biz School Competition winner

Page 9: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

StudentsHarvard• HMS• HSPH• HBS• KSG• HGSE• FAS• HLS• Affiliated hospitals

MIT• HST• Computer Science• Electrical

Engineering• Biomedical

Engineering• Media Lab• Sloan School

Page 10: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Sample lectures & tutorials

Title Faculty Tutorial/Practicum

Welcome & Course IntroductionLecture: A Perspective on HIT and Innovation

Course Faculty Projects’ descriptions and overview

Industry Overview: The Future of Healthcare

Steven Locke, MD + expert panel Project presentations

Federal Policy as a Driver for HIT Innovation

Karen Bell, MD, MPH Project Assignments

Medical Network Daniel Sands, MD, MPH Tutorial: Makings of a team

Innovation in an Enterprise/Intrapreneurship

John Glaser, PhD Definition of Elevator PitchKey Elements of Business Plan

Classroom simulation: product design process

Bryan Bergeron, MD Simulation debrief

Population Management and Patient Engagement in Self-Care

Steven Locke, MD + expert panel Practice elevator pitch

Investors’ View of Startups Eugene Hill, MBA Deliver “elevator pitch”

Consumers in Healthcare: Patient Power, Medical Home, Patient-Centric Care

Bryan Bergeron, MD + expert panel Mentor/Team Session

Starting Up: Funding Sources for For-profit and Social Entrepreneurship

expert panel Mentor/Team Session

Innovation Examples in Various Companies

Expert panel Mentor/Team Session

Entrepreneurs Panel Steven Locke, MD + entrepreneurs Final Team Q&A w/Mentors

Project Presentations I Student teams

Project Presentations II Student teams

Page 11: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Projects & Final Presentation

Page 12: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Group Design Projects• Student driven• Corporate partner driven• Multidisciplinary teams• Tracks

– Design, Business, Marketing, Trials

• Class exercises (design, elevator pitch)

• Group final presentations and paper

Page 13: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Common Elements

1. Objective of the group project2. Proposed product or service solution 3. Industry summary4. Analysis

o Problems with current solutionso Competitive analysiso Porter modelo Evaluation of macro-industry forceso Micro-stakeholder analysis

5. Interaction diagrams6. Reflection on cost, quality, and access

Page 14: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Project Track Selection• Track 1: Marketing Analysis• Track 2: Business Plan• Track 3: Product Design Plan• Track 4: Clinical Trial/Product

Evaluation

Each team chooses two out of four

Page 15: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Market Analysis and Plan1. Market Background 2. Future Directions of Market 3. Market Size/Forecast 4. Customers/Customer Segmentation 5. Target Market Segments 6. Product Description7. Pricing 8. Promotion 9. Sales and Distribution Strategy

Page 16: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Business Plan1. Partnering 2. Staffing Plans 3. Advisory Board 4. Risk Management ( analysis of specific

risks and address various scenarios ) 5. Financial Projections and Resources

Required 6. Near Term Milestones and Expenses 7. Long Term Projections

Page 17: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Product DesignThe Product 1. Product Definition

and Goals 2. Product

Requirements/ Specifications

3. Expected Product Lifecycle

4. Product Add-ons, Third Party Tool Sets

5. Follow-on Products

User Profile1. Job Description 2. User Skills,

Knowledge and Education

3. Work Style 4. Concerns 5. Wants 6. Requirements 7. Work Environment

Page 18: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Clinical Trial1. Rationale 2. Objectives 3. Study design and hypotheses4. Participants 5. Intervention 6. Primary and secondary endpoints 7. Sample size (optional) 8. Anticipate time frame for study completion 9. Data collection; sub-protocols, intervals,

encounters, events 10. Analysis

Page 19: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Sample Student Projects

• Student provided project: MedGenuity - Engineering a Premium Platform for Providers

• Dossia Consortium -Evaluating the Proposition for PHR: Strategic Analysis & Product Evaluation

• Intel - Medication Adherence 2.0• Insurance Company - Exploration of social networking technologies to

engage health care consumers• Symantec - Utilizing the latest technology to easily and securely view &

share diagnostic images and reports• J&J - Empowering Consumers and Physicians via Consumer-led Social

Media Networks• Healthways - Improving Physician Engagement Through Technology• Careplace - Online Health Consumer Empowerment, Advocacy, and

Support• Technology Opportunities in Healthcare for the Baby Boomer Generation• Computer-Assisted Disease Management to Improve Outcomes in

Diabetic Patients

Page 20: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Sponsors:

Corporate Partners

Other Participatin

g Organizatio

ns

• Archetype Technologies, Inc.• The CONTeXO Group• iHope, LLC

Page 21: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Student Comments“HST.921 unified business, science, and medicine with a set of uncommon learning objectives, focused on developing skills on how to pursue ideas and get things done in the real world. The curriculum was phenomenal. Best of all, I met some very talented classmates and teachers with whom I share ideas on a frequent basis. Two thumbs up!”

Eugene Chan, MDPhysician-Innovator-Entrepreneur

Director/The DNA Medicine Institute

Page 22: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

FAQ’s• Project selection• Required readings• Required paper• School-specific credit• Work load• Attendance• Professional standards• Course auditing

Page 23: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Registration and CreditsMIT StudentsGo to WebSIS (student.mit.edu) and follow links

to pre-registration. Add HST.921 and HST.923 to your pre-registration.

Harvard Studentshttps://crossreg.harvard.edu/OASIS/CrossReg/

Cross-Registration Credit Calculatorhttps://crossreg.harvard.edu/OASIS/CrossReg/credit.jsp

Page 24: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

  Grade HMS HSPH KSG HBS MIT

Lecture

HST.921

P/F 2 2.5  0.5  N/A* 9

HST.922

Ordinal 2 2.5  0.5 N/A* 9

Tutorial

HST.923

P/F 2 2.5  0.5  N/A* 3

HST.924

Ordinal 2 2.5  0.5  N/A* 3

  Full Credit 4 5  1  N/A* 12

  Half Credit 2 2.5  0.5  N/A* 9

Registration Credits

*can arrange as independent study for credit

Page 25: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Questions and Discussion

Page 26: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Workshop https://www.leapmotion.com/

Page 27: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

Workshop = 45 minutes

• Two teams• Each define their idea of how LeapMotion can

be used in healthcare or life sciences – 20 min brainstorm

• Answer these questions: – What does the product do?– How will you make money on the product? – How will you get the money to create a business that

will develop the product?

• One member of the team presents the group’s answers in about 5 min

• Follow-up conversation – 20 min

Page 28: Enabling Technology Innovation in Healthcare and the Life Sciences Steven Locke, MD Course Co-Director Mirena Bagur Course Co-Director HST.921 HST.922

HST921: Contact Info• Mirena Bagur

– 617-835-5019– [email protected]