The Healthy Physician Foundation Announces New Award October 2, 2024
Written by MSDC Staff
The Healthy Physician Foundation and MSDC are pleased to announce a new award - The Innovation in Healthcare Technology Award.
The Innovation in Healthcare Technology Award will recognize and support DC area companies that show a spirit of innovation by leveraging technology to address critical healthcare challenges and improve the practice of medicine.
The award is granted annually to a company located in DC, Maryland, or Virginia that is creating or marketing a technology that improves the practice of medicine, helps patient outcomes, and reduces physician burnout and distress. The award is presented annually as part of the Capital Healthcare Honors awards ceremony, which annually recognizes individuals and organizations improving medicine. The award includes a monetary award and a public relations campaign to draw attention to the award and recipient.
Information about the award application
The award application is now open and will be available until November 15 at 5 PM ET. All applications received by this time will be sent to an awards committee, composed of DC area physicians. Those physicians will evaluate the applications based on the criteria listed below and, if an applicant meets the criteria well and funding is available, the company will be notified in December of the award.
The award itself will be presented at the Capital Healthcare Honors in March 2025.
Eligible companies will be evaluated based on the following criteria:
- Innovation: The degree of novelty and creativity in the technological solution
- Impact: Potential or demonstrated ability to improve healthcare delivery or outcomes
- Accessibility: Focus on improving healthcare access for underserved populations
- Scalability: Potential for widespread adoption and implementation
- Sustainability: Long-term viability of the solution and the company
- Partnerships: Existing relationships with DC/MD/VA healthcare institutions