About the Competition
Last year, the 2022 virtual Penn Healthcare Case Competition (PHCC) represented the third annual healthcare case competition here at Penn. We received 60 team applications from over 23 prestigious universities including the University of Pennsylvania, Columbia, Harvard, MIT, Yale, University of California Los Angeles, Johns Hopkins, and Michigan. This year, to further solidify the PHCC as a healthcare-focused case competition, we are pleased to announce that Penn Biotech Group and PennHealthX are jointly organizing the 2023 Penn Healthcare Case Competition taking place virtually on Saturday, November 18th.
To build off the prior years’ success, we have decided to further diversify the competition by allowing applicants from international universities. We fully believe that opening up the competition internationally will grow the impact of the PHCC and bring together the brightest minds at the intersection of biotech, healthcare, and business.
The virtual PHCC is an opportunity to learn and grow as problem solvers and leaders. Throughout the competition, participants will have opportunities to build personal connections with other excellent, business-minded students, as well as professionals from top consulting and healthcare firms.
ABOUT THE ORGANIZATIONS
PBG is a cross-disciplinary, student-run graduate organization through Wharton School at the University of Pennsylvania that focuses on addressing the challenges and obstacles facing the life sciences industry today. Our multidisciplinary teams in the Healthcare Consulting Division have worked successfully for both Fortune 500 and start-up companies, consulting on real life projects from Strategy to Marketing, from Pricing to Revenue Modeling, and from Operations to IP. We have a 23-year track record of generating impact in the healthcare industry through 400+ consulting projects and through the cultivation of future healthcare leaders
PennHealthX is a student-led organization within the Perelman School of Medicine at the University of Pennsylvania with the mission of supporting students with interests in healthcare management, entrepreneurship, technology, and business. Since our founding in 2013, we have provided non-dilutive seed funding for over 20 student run startups, funded over 20 nontraditional student internships, and hosted over 100 lecture series.
MISSION STATEMENT
The Fall 2023 Penn Healthcare Case Competition is a virtual event organized by PBG and PennHealthX. We are two cross-disciplinary graduate and professional degree student organizations at the University of Pennsylvania for those interested in management/strategy consulting, venture capital in life sciences, biotech, and pharmaceutical industries. Our mission is to highlight the talents and problem-solving strengths of students from top-tier graduate and professional degree programs, along with postdoctoral fellows, while also providing a platform for them to connect with other outstanding participants and highly accomplished judges from top-tier firms.
TIMELINE
Tuesday, September 19:
In-person Team-Building Coffee Chat #1, 6 - 7 pm [Location TBD]
Tuesday, September 26:
Virtual Team-Building Coffee Chat #1, 6 - 7 pm on Zoom
Thursday, September 28:
In-person Team-Building Coffee Chat #2, 6 - 7 pm [Location TBD]
Monday, October 2:
Application Opens
Tuesday, October 10:
Virtual Team-Building Coffee Chat #2, 6 - 7 pm on Zoom
Monday, October 16:
Application closes at 11:59 PM EST
Wednesday, October 18:
Virtual Skill Building Course Day 1, 6-7:30 pm
Tuesday, October 24:
Accepted teams and Case prompts announced via email
Wednesday, October 25:
Virtual Skill Building Course Day 2, 6-7 pm [winning team presentations]
Tuesday, October 31:
Case materials (.ppt recording) submitted by 11:59 PM EST (First Round)
Wednesday, November 8:
Finalists announced (with feedback from judges returned)
Saturday, November 18:
Final Round (Live via Zoom)
Saturday, November 18:
Winners announced
ELIGIBILITY CRITERIA
Students from graduate programs, professional degree programs (PhDs, MBAs, MDs, JDs, Masters, DMDs, etc.), as well as Postdoctoral Fellows/Scholars, are welcomed to apply. Applicants must be enrolled in their respective university or training program either full-time or part-time for the Fall 2023 semester. Applicants from a non-US based university are permitted to apply.
TEAM FORMATION AND APPLICATION INSTRUCTIONS
Team-Building Coffee Chat sessions are designed to facilitate team formation for participants looking for team members. We will host four Team-Building Coffee Chats, with two virtual and two in-person sessions. The first in-person event will take place on Tuesday, September 19th, 2023, at 6-7 PM EST. The second in-person one will be on Thursday, September 28th, 2023 at 6-7 PM EST. Please register to receive the location of the Team-Building Coffee Chat sessions. Food and refreshments will be provided! The first virtual Team-Building Coffee Chat will take place on Tuesday, September 26th at 6-7 PM EST. And the second Team-Building Coffee Chat will take place on Tuesday, October 10th at 6-7 PM EST. The Zoom links will be sent via email to those who have registered for the Team-Building Coffee Chat sessions using the the interest form
Each team must consist of 4 - 6 members, with up to 2 MBA student participants per team. Teams should be formed before the application is submitted and the names of all team members must be written on the application form. The application will be released on October 2nd. Please submit one application form per team by October 16th (11:59 PM EST). Within the form, you will be asked to provide each team member’s name, email address, school, and year of study (team members do not need to be from the same school).
You will also be asked to submit ONE cover letter (350-word limit) per team and the resumes (1-page limit) from all team members per team application. When submitting, please combine the cover letter and all resumes into ONE PDF attachment.
The Team Cover letter should:
Show strong intention or interest in participating
Show a clear idea of what members want to get out of the competition
Explain why applicants are good candidates for this year’s healthcare case competition
Mention relevant skills
Innovative & critical thinking
Problem-solving
Presentation
Communication
Interpersonal
SKILL BUILDING COURSE
SBC is a 2-day introductory crash course designed to equip students with a foundation to tackle the case competition. It is intended for those who have submitted their applications by the deadline. The course will take place on Wednesday, October 18th, 2023, from 6-7:30 PM EST, and Wednesday, October 25th, 2023, from 6-7 PM EST. Day 1 of the course will cover basic Financial Modeling and a Medical Device / Biotech industry overview. Day 2 of the course will cover a case study from prior competitions and touch upon PowerPoint Etiquette, Storytelling, and How to find resources (i.e. primary/secondary research).
FIRST ROUND (R1)
15-minute Pre-recorded Videos of Team Presentations
On Tuesday, October 24th, 20 teams will be selected to enter the First Round. Teams will be notified via email to their respective points of contact. The case prompt will be announced via email on Tuesday, October 24th at 9 AM EST. For this round, each team will be required to submit a video recording of a 15-minute presentation by Tuesday, October 31st, 2023 (11:59 PM EST). All team members must participate in the presentations for both rounds. If substitution of a teammate(s) is needed, we must be informed at least 3 days prior to the First Round submission deadline, i.e. by October 26th, 2023 (11:59 PM EST). Finalists will be announced on November 8th, 2023, and will receive feedback from judges to assist their preparation for the Final Round. Dress Code: Business Casual. Primary research IS permitted.
FINAL ROUND (R2)
A live Zoom event on November 18, 2023 (Starting time, TBD)
Six teams will each be assigned a time slot on Zoom to give a live presentation for up to 15 minutes (with an additional 5 minutes for setting up their presentation). The presentation will be immediately followed by a 10-minute Q&A with the judges. All members should present. If substitution of a teammate(s) is needed, we must be informed at least 3 days prior to the Final Round, i.e. by November 15th, 2023 (11:59 PM EST). Winners will be announced at the end of the competition.
Networking Session:
This is open to both first-round and second-round contestants and will occur after all teams have presented
Moderator(s) from our team will be present at each breakout room
Participants will have the opportunity to ask questions and have discussions with the judges from top-tier firms
Dress Code: Business Casual
PRIZES
PRIZES FOR THE WINNING TEAMS:
The first-place winners will receive $4,000 and a 6-months premium membership with CaseCoach
The second-place winners will receive $2,000 and a 6-months premium membership with CaseCoach
The third-place winners will receive $1,000 and a 6-months premium membership with CaseCoach
CONTACT US
EMAIL:
pennHCC23@gmail.com
LINKEDIN PAGE:
https://www.linkedin.com/company/phcc2023/