Exploring market failures– defining an X PRIZE for health
Apologies for the silence…its been an interesting start to the year.
As some of you know, I’ve taken a new role with the X PRIZE Foundation…they offered me an amazing role in designing a X PRIZE for healthcare– finding the market failure in the health sector that can best be solved by a competition for a $10M+ prize.
The mission is amazing…define a competition to showcase competitors that will definitively improve quality while reducing costs. The execution will be challenging– defining the appropriate scope of this particular prize where teams can clearly understand the start and finish lines and a clear winner can emerge.
At present, we’re looking to define the best space to start, so please let me know if you would like to share your insights on addressable issues that would make for a good competition.
HealthShoppr.com continues to grow…we’ve seen an amazing growth in massage therapists posting profiles over the past 6 weeks and look forward to continuing to push the boundaries of transparency and personalization in finding a best fit health professional.
