TechConnect Innovation Program

Crowdsourced System Modernization

Republic Systems, Inc., CT, United States

TECHNOLOGY SUMMARY

Our product is a fully functional enterprise software system to enroll and manage (fraud) doctors and hospital systems who provide services for patients. The application was built 100% through crowdsourcing processes. The product is being marketed to states (medicaid/medicare) and health insurance companies nationally. The product is offered as SaaS.

Primary Application Area: IT, Cyber-Security, Software

Technology Development Status: Ready to Market

Technology Readiness Level: TRL 8

FIGURES OF MERIT

Value Proposition: The combination of crowdsourcing and select, mature open source software delivers high quality enterprise software very quickly and at a fraction of the cost of traditional approaches. The provider enrollment application we have built allows state governments and healthcare payers to identify fraud at the earliest possible point in time.

SHOWCASE SUMMARY

Organization Type: Early-stage Startup (Seed)

Showcase Booth #: 29M - 29T

Website: www.republicsystems.com

GOVT/EXTERNAL FUNDING SOURCES

Government Funding/Support to Date: The original application was built as a stand alone medicaid/medicare management module for the state of MN through funding from the federal Office of Management and Budget (OMB). The project also involved Harvard Business School (Crowd Innovation Lab at the Institute for Quantitative Social Science) to research and inform best practices in crowdsourcing and open innovation in technology.

Primary Sources of Funding: Angel, Friends, Family, Personal Savings

Looking for: Both Funding and Development Partners