X Prize for a New Health Care Paradigm

The X Prize Foundation has announced a $10+ Million prize to the person or group that creates a fundamentally different US healthcare delivery system.  I think the private medical practice community can win this prize!

In the description directly from the X Prize website it states “This first-of-its kind competition will focus on reinventing the health care system in a bold, measurable and scientific fashion to catalyze dramatic improvements in health and health care value in the United States. The Grand Challenge for the Healthcare X PRIZE is to create an optimal health paradigm that empowers and engages individuals and communities in a way that dramatically improves health value. The proposed prize is designed to improve health value by more than 50 percent in a 10,000 person community during a three year trial.”

The rest of the details can be found on the X Prize website if you want to start imagining how your ideal system would function.

Several private medical practices located relatively close in one region could easily create and treat a community of at least 10,000 patients. These practices could pool resources and create a microcosm, a medical utopia of sorts, along a new paradigm to show that patients received comprehensive care (including preventive care and education), while the small business community of private medical practices also thrived. We have to think big ideas in this uncertain time, and come out stronger and better. The X Prize might provide the impetus for positive change. What do you think? Can we private practice docs pull this one off?

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