The Business School Alliance for Health Management (BAHM) will host its annual case competition on March 21, 2020 at the Boston University Questrom School of Business. Due to the increasing impact and uncertainty of COVID-19, BU Questrom has converted the event to a virtual case competition.
This year’s competition topic is “Home & Community-based Care Challenge – Expanding Precision Medical Care via Business-based Technology.” Students have the opportunity to apply classroom knowledge and innovative business models to encourage healthy choices. Each BAHM member school can enter one team with up to three students into the competition.
Teams will have the opportunity to:
- Compete for first-, second-, and third-place prizes of $10,000, $5,000, and $2,500, respectively;
- Meet other BAHM-alliance graduate students from across the country; and
- Network with business peers and professionals.
The winning project will be considered for publication in BAHM’s Health Management, Policy & Innovation journal.
Home & Community-Based Care Challenge – Expanding Precision Medical Care via Business-based Technology
Healthcare is in need of significant reform. Affordable, accessible care is a major issue in the current U.S. presidential race and figures prominently in other countries worldwide. Advances in technology have provided greater resources for patient-centered healthcare delivery by leveraging home-based and community-based care platforms. Additionally, the use of technology to deliver healthcare in these settings offers the possibility of greater access to care, improved health outcomes, and reduced costs. These technologies could support care to the aging, the poor, rural populations, and those requiring end-of-life care.
BAHM is looking for new business models to encourage more home and community-based care that responds to the pressing needs of vulnerable populations. Technologies with the potential to redesign healthcare include, but are not limited to, telemedicine and computer-decision support for patients, providers, and family caregivers. Data analytics offers the possibility of tailoring care and services to provide more “precision medical care” (particularly in the era of genomics). In addition, digital assistants (computer– based coaches or conversational agents) and devices such as “Medical Alexa” (and AI) have the potential to enhance health literacy, while facilitating compliance with and organization of medical care. Smart phones offer the possibility for improving the delivery of care through a range of attributes, including organizing care, capturing personal medical information for secure sharing with selected providers, and monitoring changes in medical and mental health conditions. New business models for healthcare delivery could also address social determinants of care.
The 2020 BAHM Case Competition challenges student teams to identify communities and/or subpopulations and propose a business-based technology solution that delivers home-based or community-based care.
The innovation should be personalized (patient–centered), extend access to vulnerable populations, improve quality, lower cost, and create sustainable systems. It may include computer-assisted technology, better analytics, the internet of (medical) things, better systems designs, better linkages of interoperable data, patient-empowerment technology and services, and patient-provider decision-support linkages.
The business model should:
- Identify target clients/customers (providers, employers, plans, consumers);
- Develop and validate potential financing models (fee-for-service, case rates, capitation, value-basedpayments/bonus models, mixed models); and
- Comment on the potential sales process and sales cycle for the solution.
Solutions will be judged on overall feasibility, the strength of proposed business model, the impact on target populations, and scalability.
Agenda
Agenda Overview:
BAHM Case Competition activities will be located at the Boston University Questrom School of Business, 595 Commonwealth Avenue, Boston, MA
Friday, March 20 2:00pm-6:00pm: Team rooms available by request
Friday, March 20 6:00pm-8:00pm: Welcome Reception and Dinner
Saturday, March 21: 8:30am: Breakfast and Case Competition Overview
Saturday, March 21: 10:00am-4:00pm: Case Competition and Related Activities (lunch included)
Saturday, March 21: 4:00pm-5:00pm: Reception and Winners Announced
Written Paper Criteria:
- An Executive Summary
- A general reflection on the impact of available technologies related to home-based and community care
- An indication of the community and/or sub-population that is addressed, and the proposed solution(s) to be implemented to improve health outcomes
- A description of the demographics of the community and/or sub-population
- Competitive analysis
- Implementation strategy, timeline, and potential barriers
- Revenue model and scaling plan
- Paper requirements:
- A five to six-page paper, not including exhibits. Papers will be judged anonymously, therefore do not include school names.
- Single-space
- 12-point font
- 1 inch margins
- Submit papers, by email in pdf, to ihsip@bu.edu
Written Paper: Due 12:00 PM (noon) EST Friday, February 28, 2020
Presentation Information:
- Teams of up to three students will have 25 minutes to present their project. They may choose to allocate their time any way they see fit between presentation and discussion and Q&A with the judges.
- Teams may determine their strategy for presenting the paper material (one student or all students presenting).
- Teams will present in a random order chosen on the morning of March 21.
- Teams will present in an open session. Schools will be permitted to watch other presentations, but will not be allowed to participate in the discussion or Q&A with the judges. All teams will present their innovation anonymously. That is, teams will not identify the school they represent to the judges. Judges will identify the team by the name of the innovation, not the name of the school.
- Final PowerPoint slide decks must be emailed to ihsip@bu.edu
- You may not make any changes to the deck once it is submitted.
- Please also bring a flash drive containing a copy of your presentation with you on the 21st of March as an emergency backup.
- Presentations will be pre-loaded on a computer and Questrom will provide a remote control/pointer to advance slides.
PowerPoint Submission: Due 12:00 PM (noon) EST Monday, March 16, 2020
Poster Information:
Student teams will be required to submit a poster outlining their innovation. Posters will be displayed in the Questrom Reception/Dining area.
- All teams will be required to use the same poster size and format.
- Poster specifications:
-
- Posters should be 24” x 36”.
- Logos, photos and graphics are encouraged. Refrain from using any school- identifying graphics
- Material should be well labeled and legible from a distance of 10-15 feet away.
- Lettering should be bold. Letters in the title should be at least 1 inch high. Use 1- inch margins. Use upper and lowercase letters. Sans serif fonts such as Veranda are much easier to read than Serif fonts.
- Images should be a minimum of 200 dpi at the size that they’ll be printed (e.g., if the photo that needs to be 10″ x 8″ on the poster, the image file should be 2000×1600 pixels).
- Teams are responsible for designing, printing and bringing the poster to the case competition.
- Posters will be tacked to the wall at the reception area Friday evening.
Evaluation Criteria and Judging:
- Oral Presentation: 60%
- Paper: 30%
- Poster: 10%
- Comprehensiveness of research
- Clarity of problem, assessment, and strategic solutions
- Strength of overall analysis
- Consideration of key uncertainties
Judging:
- Judges will be given the papers before the competition for review.
- 3 judges will be present in each presentation.
- The judging panel will be comprised of appropriate health care leaders. Top 3 scoring teams will advance to the final round.
Prizes:
- First Prize: $10,000
- Second Prize: $5,000
- Third Prize: $2,5000
Honor Code and Academic Credit:
- Papers should be based on students’ original work. Students can work with faculty to develop their assessments and arguments.
- Not all schools can give academic credit for the competition. For those that do, requirements will be determined by the school and may take the form of independent studies, field projects, or other project-based coursework. It is up to the participating students to understand the requirements of their school at the outset of this project.
Please schedule your plans to arrive in time for the Reception/Dinner Friday, March 20 and depart following the Reception on Saturday, March 21.
Lodging and Travel:
Students will be responsible for booking their travel. Student teams should consult with their university in regards to any travel authorization requirements or reimbursements.
Hotel Commonwealth (about a block from the Questrom School of Business)
- 4-Star Hotel
- 500 Commonwealth Avenue, Boston, MA 02215
- https://www.Hotelcommonwealth.com | (617) 933-5000
Boston Hotel Buckminster
- 3-Star Hotel
- 645 Beacon Street, Boston, MA 02215
- https://www.bostonhotelbuckminster.com | (617) 236-7050
Residence Inn by Marriot
- 3-Star Hotel
- 125 Brookline Ave, Boston, MA 02215
- https://www.marriott.com/hotels/travel/bosfn-residence-inn-boston-back-bay-fenway/ | (617) 236-8787
The Eliot Hotel
- 4-Star
- 370 Commonwealth Avenue, Boston, MA 02215
- http://www.eliothotel.com | (617) 267-1607