Children's Hospital Association: Platform Accelerates Pediatric Innovation
When it comes to health care innovation, pediatrics is often left behind. Children represent 23% of the population but only 10% of national health care funding. Recognizing this disparity, Children’s Mercy Kansas City created an ecommerce platform, PedsMrkt, to accelerate pediatric innovation and collaboration across a historically fragmented market.
PedsMrkt provides a curated space for product awareness, intellectual property promotion, and resource sharing among buyers, sellers, and partners in pediatrics. Dawn Wolff, vice president of strategy, innovation, and partnerships for Children’s Mercy’s Center for Pediatric Innovation, said this can be revolutionary for smaller hospitals who may lack resources and pediatric startups who struggle to connect with children’s hospitals.
“Children’s hospitals need a way to disseminate their innovative pediatric solutions so all children can benefit,” Wolff said. “Limited resources, high development costs, and fragmentation present huge barriers to getting pediatric innovations into the market.”
Read the full article via the Children's Hospital Association