CTA for Health IT - PAeHIPhiladelphia_(Health_IT).pdfCTA for Health IT Vincent Finn Trade ......
Transcript of CTA for Health IT - PAeHIPhiladelphia_(Health_IT).pdfCTA for Health IT Vincent Finn Trade ......
CTA for Health IT
Vincent Finn
Trade Commissioner – Life Sciences/Health IT
Consulate General of Canada
Presentation for the PAeHI Road Show
Drexel University
Thursday, October 17, 2013
Canadian Consulate General
Based in New York City• Office in Philadelphia which specializes in Life Sciences
& Health IT
• Report to Foreign Affairs, Trade & Development Canada (DFATD)
• Represent Canada's political, economic, cultural & immigration interests in – New York, New Jersey, Connecticut, Pennsylvania &
Delaware
My Background• Over 7 years as a Trade Commissioner for Foreign Affairs,
Trade & Development Canada (DFATD)
– Mandate is to improve the access of Canadian companies to key
markets, capital, technology, talent, & trade-promotion & partnership-
development support.
• Over 25 years experience in international sales &
marketing/product development /sourcing/manufacturing
– United States: Telecommunications/Systems Integration
» Clients : Fortune 500 pharmaceutical, financial & manufacturing.
– Far East: Product Outsourcing & Relocation
» Clients: US & Chinese OEM’s.
– Europe: Purchasing & QC.
» Clients : Major Retailers in UK & Europe.
– Africa: Commodities & oil services:
» Clients: Government & Multinationals
Canada & the United States
• World's largest & most comprehensive trading
relationship
• United States' largest export market
• Bilateral trade -- $1.6 billion a day• PA = 1/3 of exports go to Canada
• $24 Billion in trade/year
• 300,000 jobs
• Canada is 2nd largest supplier of imports
• Largest supplier of energy
• Fifth-largest foreign investor
Canadian Technology Accelerators
CTA program US locations:• SF (Life Sciences/Cleantech, ICT)
• NYC (CleanTech/Digital Media),
• Philadelphia (Health IT)
• Boston (Life Sciences/Cleantech, ICT)
Objectives:• In-depth assessment & sales strategy for the U.S. market
• Strategic partnership development & new client acquisition
• Connectivity with regional funding organizations, angel
groups & venture capital firms
• Evaluation of the need for a U.S. presence
CTA @ Philadelphia Health IT
WHY CANADA?• Vibrate health/life sciences community• Less barriers to innovation
• ICD10 – deployed over a decade• Telemedicine – largest system in the Americas• Interoperability – baked in• Data analytics – nationwide ocology registry
WHY PHILADELPHIA?• Strategic location • 2nd largest cluster of pharmaceutical companies in US• Birthplace of US Medicine
CTA @ Philadelphia Health ITELIGIBILITY• Canadian-based/export-ready • Focused on patient-centered solutions
• utilizing health information technology mobile communication devices and/or telemedicine
• Improve clinical processes, patient compliance/health & wellness• Already demonstrated proof of concept & market acceptance
through pilot studies/revenue generation• Strong management capabilities including financial management &
business strategy• Competitive/no charge for eligible companies
The Program :• Run twice a year (May & September)
• Three month cycle – can be extended to six months• Open to up to six startup companies in each cycle
Participating companies receive the following services:• Communal working space at the Science Center
• Access to mentoring sessions with local experts• Workshops & seminars • Demo Day where companies will present to local prospects and/or
investors
End Result:• Open local office
• Increased economic activity/job creation both Canada & US• Help to brand Philadelphia as major health IT hub
CTA Spring CohortInfonaut Inc
Evidence-based Disease Surveillance solutions for public health,
hospitals and the healthcare system.
Pulse Infoframe
Database-driven informatics platform that creates, maintains,
organizes, models, and shares data anonymously, securely and
easily
Sensory Technologies
Virtual hospice homecare for Adult Palliative Care and PediatricComplex Care
CTA Fall CohortInterfaceware
Help hospitals double the number of patient visits with their existing
resources, applications and equipment
MetricAid
Reduces ED patient wait times and increases throughput
IMPETUS Healthcare
Designs, hosts and manages privately branded, password protected
online healthcare communities that allow for sharing and
collaboration anywhere, anytime
CTA Technology Day!Tuesday 19th NovemberAt the Science Center
• 10 minutes presentations by all CTA companies
• Opportunity to network with companies & other healthcare professionals
• Breakfast & lunch provided
Hacking Health +A collaborative computer
programming environment where small projects can be tacked in a weekend. +Common in software and web
companies where an idea can be prototyped and tested quickly, applying this model in healthcare is a first, and a real phenomenon!+Healthcare and business VIPs
network with teams, physicians and healthcare professionals, entrepreneurs, decision makers, investors…
Our Mission
Hacking Health is designed to improve healthcare by pairing technological innovators with healthcare experts to build realistic, human-centric solutions to front-line healthcare problems.