“It’s not like if you run out of milk you’re fine, we’ll go without milk,” says Chris Godfrey. “If you run out of blood, there are lives at risk, so the stakes are very high.” Most hospitals rely on regional blood centers, which is why Godfrey started Bloodbuy. It’s like Priceline, but for blood products – a cloud-based platform connecting supply with demand in a multibillion-dollar industry.
To listen to the radio excerpt from Marketplace, please click here
Read MoreThe Forum on Healthcare Innovation, a collaboration between Harvard Business School (HBS) and the Harvard Medical School (HMS), recently announced the finalists of their Harvard Health Acceleration Challenge: Bloodbuy, I-Pass, Medalogix and Twine.
Read MoreThe Forum on Health Care Innovation, a collaboration between Harvard Business School (HBS) and Harvard Medical School (HMS), announced today the four finalists in its Health Acceleration Challenge, which focuses on taking compelling, already-implemented health care solutions and helping them to grow and increase their impact through powerful networking and funding opportunities.
Read MoreA Dallas company that allows blood to flow where it is needed - in a geographic rather than circulatory sense - has won a prestigious award from the Harvard Forum on Healthcare Innovation.
Bloodbuy capitalized on the fact that blood is a core commodity of health care and built a cloud-based platform that addresses the uneven geographic distribution of available blood supply, in real-time.
Read MoreA Brown University School of Professional Studies graduate student has been named a finalist in a Harvard-sponsored competition to promote ideas that improve health care. Chris Godfrey of Dallas-based Bloodbuy will share a $150,000 award from the Health Acceleration Challenge with three other finalists. For developing a way to overcome the geographic unevenness of the nation’s blood supply, Chris Godfrey, a graduate student in Brown University’s Masters in Healthcare Leadership program has won a share of $150,000 in a Harvard-sponsored healthcare innovation competition.
Read MoreA third finalist is Bloodbuy, a Dallas company that designed a price-matching system, similar to Priceline, to link hospitals with blood banks. The cost and supply of donor blood varies with geography and season. Bloodbuy allows hospitals to choose a location and set pricing for the supply they need, then matches them with blood centers that qualify.
Read MoreAs the US healthcare system stumbles toward a new consensus built around the "triple aim" of increased access, improved quality, and lower cost, the push is on for new ideas that can test the boundaries of current practice. The Affordable Care Act (ACA) creates a range of incentives to promote this goal, which has added to the momentum around novel reform approaches.
Read MoreBloodbuy’s online network facilitates the efficient distribution of lifesaving blood products.
