Senior Healthcare Innovation Consortium

What Senior Healthcare Innovation Consortium does

Senior Healthcare Innovation Consortium (SHIC) is an education and scientific research consortium managed by Advanced Technology International (ATI) that convenes healthcare organizations, academic and research institutions, industry and startup innovators, and government stakeholders to address senior healthcare challenges in the United States. The consortium frames its mission around improving senior population health, safety, illness prevention, and reducing social costs amid a rapidly aging U.S. population (over 54 million Americans aged 65 or older, projected to exceed 85.7 million by 2050) and persistent healthcare staffing shortages. SHIC's focus areas span aging population economics, holistic elder care, risk mitigation, age-related cognitive and chronic disease, interoperable solutions for independent living, rural and under-represented communities, nutrition and food safety, and drug management.

SHIC's underlying operational model is the Other Transaction Agreement (OTA) consortium vehicle, which enables federal agencies including HHS, DoD, DHA, NIH, NSF, CMS, VA, and FDA to award prototype and research contracts to member organizations through streamlined, non-FAR-based procurement terms. Membership is currently free with no dues, and the consortium has 130+ member organizations spanning small and large businesses, non-profits, and academic institutions. The reported average of 80% new/emerging innovations among awardees underscores SHIC's positioning as a conduit for non-traditional federal contractors.

SHIC does not produce a unified product; instead it facilitates innovation across technology domains including telemedicine, wearable health technologies, predictive and diagnostic tools, AI-enabled electronic health records, remote patient monitoring, telehealth, smart assistive technologies, interoperable solutions integrating low-cost sensors, body area networks, AI, and IoT. Revenue mechanics for the consortium itself are not disclosed in available sources, and contract value accrues to member organizations rather than to SHIC. The consortium's go-to-market combines event-driven engagement (e.g., the October 2023 C2SHIP/SHIC Workshop on home health care with interoperable medical devices), content marketing via its website, and OTA educational resources, with distribution concentrated in federal government buyers.

Name

Senior Healthcare Innovation Consortium

Legal name

Senior Healthcare Innovation Consortium

Website

https://shiconsortium.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SHIC is a U.S.-based education and research consortium managed by Advanced Technology International that convenes 130+ healthcare, academic, industry, and government members to drive senior healthcare innovation through Other Transaction Agreement (OTA) federal contracting.

Ownership category

akta.pro rank

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. OTA Contract Awards: SHIC operates as an Other Transaction Agreement (OTA) consortium. The consortium enables government agencies to award prototype and research contracts to members through streamlined OTA vehicles. Revenue flows through government contract awards to member organizations for technology development and demonstration projects.
2. Membership Services: Currently no cost to join and no membership dues. The consortium provides value through market expansion opportunities, government alignment, and faster contracting speed for members.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

SHIC is an education and scientific research consortium that connects healthcare organizations, academic and research institutions, industry and startup innovators, and government leaders to address senior healthcare challenges through collaboration and Other Transaction Agreements (OTAs). It facilitates faster government contracting for prototype and research projects in senior healthcare technology, while providing members with market expansion opportunities and access to federal agencies including HHS, DoD, DHA, NIH, and NSF.

Product overview

SHIC is an education and scientific research consortium dedicated to leveraging technology and data to positively impact senior healthcare treatment and delivery models. It operates as a membership-based organization that connects Healthcare Organizations, Academic & Research Institutions, Industry & Startup Innovators, and Government Leaders (local, state, federal) to address critical senior healthcare issues through collaboration and Other Transaction Agreements (OTAs). The consortium does not offer a unified product but facilitates innovation across focus areas including Telemedicine, Wearable Health Technologies, Predictive and Diagnostic Tools, Smart Assistive Technologies, Virtual Exercise Programs, Fall Prediction Systems, AI-Enabled Electronic Health Records, Remote Patient Monitoring, Telehealth, Remote Drug Delivery Systems, Food Technology, and Prescription Drug Management Systems. Member organizations (128 total) provide diverse healthcare solutions ranging from small businesses to large organizations and academic institutions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Goal: Reduce trips to emergency room, hospital, or skilled nursing facility through improved monitoring and diagnostic tools
• +2 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

One partnership is on record.

• Center to Stream Healthcare In Place (C2SHIP)coreStrategic or Co-development Partner · 27 October 2023C2SHIP and SHIC co-hosted a hybrid workshop on October 27, 2023 at University of Southern California Capital Campus in Washington DC. The workshop focused on Improving the Quality of Home Health Care with Interoperable Medical Devices, covering clinical opportunities and regulatory science gaps. Sessions addressed home monitoring use cases, engineering interoperable device systems, making use of all data, navigating regulatory pathways, and data security and sharing.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• SOFWERX: Partnered with the same ATI management umbrella and operates as a government-industry collaboration hub for Special Operations. Same consortium management DNA and federal contracting thesis as SHIC.
• BioMADE: DoD-funded, ATI-style manufacturing innovation consortium focused on bioindustrial manufacturing. Comparable as a federally enabled, membership-based R&D consortium using the same OTA contracting template that SHIC operates under.
• Center to Stream Healthcare In Place (C2SHIP): An NSF-supported Engineering Research Center explicitly focused on home-based health monitoring and interoperable medical devices — the exact thematic focus of SHIC's October 2023 workshop. Directly comparable in mission and stakeholder mix (academia, federal agencies, industry).
• Medical Technology Enterprise Consortium (MTEC): Federally-funded OTA consortium focused on military medical and health technology prototyping. Directly comparable as a healthcare-adjacent OTA consortium competing for similar DoD/DHA and HHS award pools that SHIC targets.
• National Spectrum Consortium: Another OTA consortium managed by Advanced Technology International (ATI), directly comparable in structure, governance, and federal contracting model. Operates with similar membership and award-flow mechanics across wireless/spectrum domains — making it the cleanest structural analog to SHIC.
• Medical Device Innovation Consortium (MDIC): Public-private partnership that accelerates medical device innovation through coordinated regulatory science, reimbursement, and technology development. Overlaps with SHIC on the medical-device, FDA-aligned components of senior healthcare innovation.
• BioFabUSA (ARMI): Member-based, federally-supported consortium advancing regenerative manufacturing and tissue engineering. Operates with the same coordinated OTA-style member services and federal-industry alignment playbook as SHIC.
• ARM Institute: Manufacturing USA innovation institute operating as a public-private consortium to bridge federal agencies, academia, and industry for technology development. Structurally parallel to SHIC's consortium model even though the domain (robotics/manufacturing) differs.

Broad incumbents

• Booz Allen Hamilton: Major federal health consulting incumbent that supports HHS, DoD, NIH, and VA on health innovation, digital health, and program management. Adjacent rather than overlapping — competes for the same federal health modernization mandates from a different angle.

Emerging players

• Health Care Payment Learning & Action Network (LAN): CMS-anchored collaborative of payers, providers, and other stakeholders advancing value-based care. Comparable as a federally-backed member consortium where SHIC's value-based-care ambitions could overlap.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/SHIConsortium
• LinkedInlinkedin.com/company/senior-healthcare-innovation-consortium

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Senior Healthcare Innovation Consortium