The call for nominees ran February 1 - March 8, 2010. Award applicants were asked to articulate how their application or solution can reduce healthcare costs and improve healthcare outcomes in one of three categories. From a pool of more than 75 nominees, a panel of independent judges (individuals affiliated with the Wireless-Life Sciences Alliance) are currently in the process of selecting finalists to attend and present in panel discussions at the invitation-only Wireless-Life Sciences Alliance (WLSA) Investor’s Meeting on May 11, 2010 in San Diego.
Three winners will be selected from the 12 finalists in three categories:
AWARD CATEGORIES
- Best Operational Effectiveness Solution — The mobile or wireless solution that reduces costs and improves operational efficiency.
- Best Clinical Application — The mobile or wireless-life science solution that enriches clinical care.
- Best Consumer Experience Solution — State-of-the-art mobile or wireless experience for the consumer or patient.
VENUE:
The Wireless-Life Sciences Alliance (WLSA)
Investor’s Meeting & Convergence Summit
May 11-13, 2010 | Estancia Hotel La Jolla, CA
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The WLSA Investor’s Meeting is an information exchange between capital sources and emerging companies in the wireless and mobile health sectors. The Summit is a gathering of 150 business, medical, scientific and academic leaders who are committed to the convergence of wireless and mobile health technologies with life sciences solutions.
HOW IT WORKS:
Finalists will be notified the week of March 15, 2010 and will be provided a complimentary pass for their CEO to attend the WSLA Investor’s Meeting & Convergence Summit.
The I Award® for the WLSA Investor’s Meeting & Summit is sponsored by TripleTree, a founding member of the Alliance. TripleTree is an independent, middle market merchant & investment bank focused on mergers and acquisitions, capital formation and strategic advisory services for healthcare and technology firms. For more information, visit www.triple-tree.com or call (952) 253-5300.
2010 I Award® for the Wireless-Life Sciences Alliance Criteria & Scoring
1) MARKETPLACE
KEY METRIC: The scale and scope of problem being addressed
a. Size of market and does it have global applicability
b. Significance/severity of the problem
c. Magnitude of the costs (direct/indirect)
2) COMPANY OVERVIEW
KEY METRIC: The innovation and disruptive qualities of the solution
a. Manner by which the solution changes existing approaches to the problem and overcomes obstacle.
b. Number of installations/deployments, or lives served
c. Critical milestones in the maturation of the solution
d. Key partnerships & alliances
e. Annual revenue
f. Sales, delivery, and pricing model
3) SOLUTION
KEY METRIC: The measurable results and effectiveness of the solution
a. Standards, regulatory, or compliance certification(s) required and awarded
b. Ability to integrate with other solutions
c. Analytics/dashboards, compliance, content management, collaboration, workflow and
administrative capabilities
d. Technical and/or clinical ability required to use the solution