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MedTech & The Future of Care

Texans for Economic Progress, in partnership with Seton Medical Center at The University of Texas, hosted a sold-out event titled “MedTech & The Future of Care” in Austin on July 29. The Medical Center is an incredible economic opportunity for the region and seeks to usher in a new era of MedTech innovation.

2014-07-29-088 TEP Executive Director, Chelsea McCullough, opened the event with a welcome and emphasized how the MedTech community “gets it” related to tech policy given how the sector is influenced by so many federal and state regulations. McCullough stressed how smart tech and tax policy encourages competition, investment in infrastructure and is also flexible enough to accommodate innovation that doesn’t yet exist. She also educated the audience on issues related to Title II, a far reaching reaction to the Net Neutrality debate that would regulate the Internet like a utility, a move that would have devastating effects on the MedTech community.

Next featured a panel of Seton and Dell executives including Mike Minks, CIO, Ascension Health Information Services (AHIS); Mike Millard, Director of Innovation, Seton Healthcare Family; Jim Stikeleather, Executive Strategist / Chief Innovation Officer, Dell; Cliff Bleustein, MD, MBA, Chief Medical Officer & Global Head of Healthcare Consulting, Dell; who provided expert insight to the future of MedTech especially as related to the Seton Medical Center. Policy and regulatory issues were center of the discussion on how futuristic technologies  can integrate with legacy systems and challenging regulatory environments.

Next, six Texas startups were featured during the MedTech Showcase: Patient IO; TeVideo Biodevices; Pristine IO; Accordian Health; Clarify; Cloud9 Counseling who pitched technologies from mobile apps to cloud-based platforms that are being developed to address pressing healthcare needs.

2014-07-29-048The Texas tech community was well represented and included leadership from Austin Technology Incubator, Austin Technology Council, The Austin Chamber, The University of Texas as well as investors and entrepreneurs. Both the Austin Business Journal and Community Impact provided several pre-event coverage including this focus on biotech (link) as well as post event coverage (link to community impact).

The enthusiasm before, during and following the event is a sure sign that MedTech is poised to explode in Texas. This engaged group is well versed on how the right policies and regulations play an important role in the future of innovation.  This was an outstanding opportunity for TEP to be publicly partnered with Seton Healthcare and provided a platform for TEP to deliver priority messaging to a curated audience of tech leaders.

Categories Entrepreneurship, Innovation, Issues, MedTech, TEP Focus | Tags: | Posted on August 5, 2014