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2025 Healthy Care, Healthy Costs Innovation Challenge

Reducing costs. Improving lives. Transforming healthcare.

Parkview Health, in collaboration with Hylant and Butler University, invites global innovators to join the fifth installment of its innovation competition, the Healthy Care, Healthy Costs Innovation Challenge—a bold initiative aimed at reducing preventable healthcare costs and improving outcomes for high-risk populations through scalable, forward-thinking solutions.

Meet the Healthy Care, Healthy Costs innovation competition semi-finalists

Bedside Bike - Newburgh, IN
Bedside Bike is an early stage mobility company aimed at breaking the cycle of post-acute care disability and immobility related complications by transforming hospital beds into mobility devices with a bedside attachment, enabling patients to stay active and control their recovery.

Walqer - Newburgh, IN
Walqer is focused on leveraging prosthetic technology to enhance human mobility. Our marquee product is the Walqer X which is a walking augmentation device that uses a carbon fiber base to provide optimal elastic recoil at heel-strike, mid-stance and toe-off. This design promotes a more biomechanically efficient gait, alleviates pain associated with knee osteoarthritis, and enhances stability during ambulation.

ResperCare - Pittsboro, IN
ResperCare is transforming patient care with our PneumaNode patch; a wireless, AI-powered, wearable device that integrates continuous auscultation and core vital sign monitoring into a single, disposable, bandage-sized solution. Our innovative technology enhances diagnostic accuracy, streamlines healthcare workflows, and empowers healthcare professionals to deliver better, faster, and safer patient outcomes.

APARC - Indianapolis, IN
Purdue’s Accessible Precision Audiology Research Center (APARC) uses state-of-the-art audiology, auditory neuroscience, and AI-driven data analytics to reimagine hearing health for those living in urban and rural communities within Indiana and beyond. Our innovative and forward-thinking approach aims to increase hearing health equity by 1) informing diverse populations of Hoosiers about the many health and economic burdens associated with untreated hearing loss; 2) providing research-grade standardized audiological assessments for community members; and 3) developing an open-source data hub of standardized hearing measures with AI-enabled analysis tools/services to facilitate accessible precision audiology at scale. APARC is currently making all parts of our comprehensive hearing evaluations portable with the goal of upending the traditional care model of needing to come to a specialized office to receive hearing care and instead bringing quality audiological care directly to rural communities.

TheraMotive - Brooklyn, NY
TheraMotive is a New York City–based health tech company delivering mobile physical therapy via fully equipped, AI augmented clinics on wheels, alongside wearable sensors and virtual-reality tools designed to bring personalized rehabilitation, and preventive care, directly to communities across all NYC boroughs. Step into the future where clinics are delivered on the go, and physical therapy meets people where they live, work, and age. At TheraMotive, we've built a platform that makes physical therapy as accessible as an Uber ride: available on-demand for all.

Kilele Health - Oakwood, OH
Kilele Health is developing a series of wearable blood chemistry sensors to reshape how chronic disease are managed by providing real-time actionable insights to patients and care teams. This new data enables shifting chronic disease care from crisis-based care to status-based care.

FallGuard - Zionsville, IN
FallGuard is committed to reducing elderly falls through a shared platform which caregivers can analyze a senior citizen's fall risk through key metrics such as fall history and exercise, while senior citizens stay engaged with their personalized fall prevention program.

Septo - Munster, IN
Septo creates simple, at-home solutions to identify infections before overt symptoms appear. Our X-shaped bandage sits comfortably around common joints where bedsores form, visually alerting caregivers to potential infections early. We aim to empower proactive care and reduce preventable hospitalizations.

NeuroChat - Wilson, NC
NeuroChat is a free, web-based screening tool that helps detect early signs of neurodegenerative diseases using yes/no questions. The AI-powered platform makes cognitive health screening simple, accessible, and affordable especially for elderly individuals and underserved communities. NeuroChat is designed for regular people, not just professionals, at no cost to users.

Virtual event: 2025 Healthy Care, Healthy Costs Innovation Competition

Join us Thursday, August 28 at 4:00 PM ET for the exciting semifinal pitch event! Watch top teams present bold solutions to reduce healthcare costs and improve outcomes—and help determine the winning team.

An expert panel of judges—featuring leaders in healthcare, investment, and innovation—will evaluate the pitches and select the winners. Don’t miss this unique opportunity to witness groundbreaking ideas in action and explore what’s next in the future of care.

Date: August 28, 2025
Time: 4 - 5 p.m. EST
Format: Virtual

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Competition details

Challenge statement, prize opportunities and more

Our focus

Indiana consistently ranks among the 10 least healthy states in the U.S., grappling with high rates of chronic disease, significant health disparities, and avoidable hospitalizations. During the recent Total Cost of Care Data Challenge, student teams from Butler University analyzed Medicaid data, uncovering critical trends and identifying the urgent need for preventive strategies. These include interventions that address chronic conditions, behavioral health, and social determinants of health—particularly among aging adults and rural populations.

Key insights include:

  • Over 30% of Indiana seniors experience a fall each year, leading to serious injuries and costly hospitalizations.
  • Only 1 in 4 adults aged 65+ meet recommended physical activity guidelines, contributing to rising rates of obesity, diabetes, and heart disease.
  • One-third of adults skip or delay care due to cost, even when insured—driving up emergency care use and worsening chronic conditions.
  • Many rural counties in Indiana have only one primary care provider, leading to care delays and preventable complications.

Together, these findings highlight the cost of inaction—and the opportunity for bold, innovative solutions to reshape the future of care delivery.

Check out a recap of the 2025 innovation competition kickoff event

Challenge statement

How might we reduce preventable healthcare costs and improve outcomes for high-risk populations—particularly aging adults and those with chronic conditions—through scalable, sustainable innovations?

 

We are seeking solutions that address key cost drivers, such as:

  • Chronic disease prevention and management (e.g., diabetes, hypertension, obesity)
  • Behavioral health and lifestyle factors (e.g., inactivity, falls, smoking)
  • Rural health disparities and limited access to preventive care
  • Proactive screenings and early identification models
  • Cross-sector collaborations to improve population health

In partnership with Butler University and Hylant, Parkview is sourcing innovative, scalable, and sustainable solutions or services—including but not limited to:

  • Medical devices
  • Digital health platforms
  • Public health campaigns
  • New models of care delivery
  • Preventative approaches that reduce the onset or severity of costly health conditions

If it has the potential to improve outcomes, reduce costs, or advance equity - we want to see it.

Prizes and opportunities

One winning team will receive a $10,000 cash prize and up to four additional finalists will be selected to join the Healthy Care, Healthy Costs Accelerator program and gain high-level exposure to executive leaders, potential funders, and customers, along with the opportunity to pilot their solutions and pitch directly to potential adopters. Finalists will also receive access to a wide range of institutional resources, including:

  • Real-world piloting opportunities within care settings
  • Visibility among healthcare executives, investors, and potential adopters
  • Executive mentorship and faculty expertise
  • National risk mitigation insights and financial modeling
  • Marketing and student collaboration support
  • Access to Butler's faculty, staff and campus resources
  • Exploration of partnership opportunities with Parkview Health
  • Exposure to Indiana's entrepreneurial ecosystem

This is a unique opportunity to drive innovation and make a measurable impact on the future of care.

Learn more about the value of the Accelerator program

Be part of the solution

This is more than a competition—it’s a call to action. Join us in reimagining healthcare that is smarter, more equitable, and more efficient for everyone. Whether you’re building transformative technology, rethinking care models, or uncovering insights through data—this is your platform for impact

Competition timeline

Application Period

Application period: May 1 - June 29, 2025

Apply with a detailed description of your proposed solution.


Selection Semi-Finalists

Semi-finalist selection: July 7, 2025

8-10 teams will be selected.


Innovation Competition

Innovation Competition: August 28, 2025

Semi-finalist teams will present their solutions virtually to the selection committee, with one standout team earning a $10,000 cash prize.

Up to 5 teams will be selected as finalists to advance to the virtual accelerator supported by Parkview, Hylant, and Butler representatives for the chance to further co-develop their solution.


Accelerator

Accelerator: September 8 - October 31, 2025

Up to 5 finalist teams will develop and refine their concepts in a 2-month accelerator where they will build and test their solution with mentors and stakeholders from across the Indiana economic ecosystem.

Time commitment: Finalist teams must commit to participating in an 8-week accelerator program, with an estimated time requirement of approximately 4 hours per week. Teams are also expected to arrive 3-5 days prior to the final pitch day (November 20, 2025) for in-person programming.


Final Pitch Day

Final Pitch Day: November 20, 2025

Finalist teams will present to a community of healthcare professionals, executive leaders, potential funders, and customers to pitch their innovative solution.

Explore more about the competition

Background information

Get more details about why we've selected the Healthy Care Healthy Costs topic.

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Patient profiles

Find inspiration in our example patient profiles.

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Frequently asked questions

See answers to common questions about the competition.

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Terms and conditions

Find the terms and conditions for this year's competition.

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Contributing partners

Parkview is proud to also be partnering with Butler University and Hylant for this innovation competition. With our community coming together toward this common goal, the impact will be much greater than if done alone.

© 2025 Parkview Health Innovation.

Please contact us with any questions or comments at innovation@parkview.com.