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Client
Fortune 1000 Information Management Firm
Year
2021
Industry
Information Management
Service
Innovation-as-a-Service
100+
Ideas generated and assessed

The Challenge

Our US-based client was looking to expand into adjacent industries and develop a vertical strategy. We focused on healthcare, and started with one of the largest problem statements we could find: healthcare billing fraud.

This costs the average US family $400-$700 per year in insurance premiums, and the total US market $183B per year. If we can solve healthcare billing fraud for payers, we can offer a solution with global impact and a multi-billion dollar annual total addressable market.

125+
Startups and incumbents analyzed

The Solution

Through  research, customer testing, executive interviews, prototyping, and cross-team collaboration we arrived at 3 prioritized solutions to solve healthcare billing fraud.

These were standalone disruptive solutions our client could build or partner to create and offer to the world. The result of our go / no-go decision meeting with the global CTO was to progress one of the concepts to a proof of concept build to validate our path to commercialization.

3
Concepts prioritized to move forward

Deliverables

Idea bank and prioritized solutions
Global competitive landscape & in-depth market research
Startup & Incumbent partnership assessments
Proposal to PoC and commercialization for prioritized concepts
1
Concept moved to proof-of-concept

Client Appreciation

Fortune 1000 Information Management Firm