|
Dynamic Clinical Systems (DCS)
Chris Weiss '82, president and CEO of Dynamic
Clinical Systems (DCS) presented his company.
DCS uses software and clinical processes to
collect, manage, and analyze patient-reported health status information
using statistically valid, condition-specific surveys. DCS is among
the first to combine a series of patient- reported
subjective data with clinical diagnosis and treatment data over
a large patient population. Beyond its value for research and quality
initiatives, patient-reported information and clinician observations
are combined and used to make adjustments in patient care at the
point of need.
The core software, the Integrated Survey System
(ISS)ô, is presently deployed for spine conditions, which account
for $26 billion a year, or 2.5 percent of this country's total health-care
bill. The software is being extended rapidly to cover other aspects
of health care, including chronic diseases, acute pain, and hip
and knee conditions.
DCS enables access to the ISS via the Web from
its own professionally managed servers; no significant hardware
investment is required by DCS customers. At the same time, the ISS
can interface with other clinical systems.
A close relationship with Dartmouth-Hitchcock
Medical Center and development activities with leaders such as Cleveland
Clinic and UMDNJ give the company a unique advantage in product
research and development, pilot testing, and data collection. Of
the 640,000 practicing clinicians in the United States, over 60
percent practice in large group or institutional settings. DCS estimates
the addressable market at $1.5 billion. Already, Cleveland Clinic,
Marshfield Clinic, Mayo Clinic, UMDNJ, and Dartmouth-Hitchcock have
approached DCS to implement ISS for spine and other conditions.
Blue Cross of Idaho is integrally involved in a groundbreaking implementation
in Boise.
To date, the founding team of Chris Weiss,
Bob Annis (chief technology officer), Dave Christopher (chief financial
officer) and Lisa Torrey Weiss (vice president for product development)
have contributed more than 1,500 days of effort and over $100,000
in cash to DCS. In February 2004, DCS closed a friends and family
debt financing of $300,000.
Back to Business Plan
Competition |
