VentureSprout

“I have observed where there have been leaders in roles that introduce new technology but didn’t follow sound change management practices to build that adoption, to build that buy-in.” So says Amber Fencl, one or our guests on this episode of VentureSprout. She believes leaders should focus on technology adoption at the very beginning of the process and not in the middle of the production stage. This episode also brings in two other leaders who talk about how to develop technology and innovation to take health care beyond the conventional approach focused within the four walls of the hospital.

Guest speakers:

Amber Fencl, BBA

Senior Vice President

Chief Digital Health Officer

Novant Health

Mike Anderes, MBA, PT, FACHE

President, Inception Health

Chief Innovation and Digital Officer

Froedtert Health and the Medical College of Wisconsin

Mike McSherry, BA

Chief Executive Officer

Xealth

Hosts:

Corey Pegg, MHA

Associate Vice President

Member Backed Ventures

Vizient

Heather Ramirez, MS

Ventures Director

Vizient

Show Notes:

[01:22] Mike Anderes’ story: from PT to digital health

[03:00] Amber Fencl’s story: from financial services to digital health

[05:37] The need for sound change management practices in adopting technology

[07:19] Mike McSherry’s story: from Microsoft to digital entrepreneur to health care

[10:41] Overview of Froedtert and Inception Health: from failure to innovation

[13:05] “Outside-in”

[14:45] Investment and working with outside companies

Links | Resources:

Website for Novant Health: https://www.novanthealth.org/

Website for Inception Health: https://www.inceptionhealth.io/

Website for Xealth: https://www.xealth.com/

Vizient Member-Backed Ventures email: [email protected]

Amber Fencl’s email: [email protected]

Mike Anderes’ email: [email protected]

Mike McSherry’s email: [email protected]

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This episode continues the discussion with two entrepreneurs who are leading efforts to bring care seamlessly to the home through a digital approach.

Guest speakers:

Melissa Cohen, BS

Moderators:

Heather Ramirez, MS

Show Notes:

[01:45] Extending the reach of Memora Health through partnerships

[05:06] “Mass personalization”

[07:25] Easier ways for providers and patients to get in touch

[10:39] Meeting future challenges

Links | Resources:

Vizient Member-Backed Ventures email: [email protected]

Website for Memora Health: https://www.memorahealth.com/

Website for NorthShore University HealthSystem: https://www.northshore.org

Website for Edward-Elmhurst Venture Capital: https://eeh.vc

Melissa Cohen’s email: [email protected]

Manav Sevak’s email: [email protected]

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In the past few years, as care more and more moved outside the traditional walls of the hospital, “the one thing that was abundantly clear was that there really was no good underlying technology or infrastructure to manage and support patients in that way.” So observed Manav Sevak, one of the venture entrepreneurs on today’s program. He has joined forces with our other featured guest, Melissa Cohen of Northshore Edward-Elmhurst, to address, in her words, “the importance of digital health and how it could impact the stakeholders across the entire healthcare ecosystem.” Their partnership to support the move of care to the home is the focus of this podcast episode.

Guest speakers:

Manav Sevak, BS

Founder and Chief Executive Officer

Memora Health

Melissa Cohen, BS

Managing Director

NorthShore Edward-Elmhurst Health Venture Capital

Moderators:

Crystal Mullis, RN, MBA, MHA

Vice President, Member Backed Ventures

Vizient

Heather Ramirez, MS

Ventures Director

Vizient

Show Notes:

[01:05] Overview of Memora Health

[02:10] The EMR is not designed to support patients outside the healthcare organization

[02:20] An example of care challenges for a patient with a chronic condition

[02:57] Automating how care teams manage their patients

[04:30] Three big ways the Memora Health approach impacts care

[05:25] Two core components of the Memora platform

[07:55] Overview of Northshore Edward-Elmhurst Health Venture Capital

[09:33] Partnership of Memora Health and Northshore Edward-Elmhurst Health

[11:32] Use cases for the platform at Northshore Edward-Elmhurst Health

Links | Resources:

Vizient Member-Backed Ventures email: [email protected]

Website for Memora Health: https://www.memorahealth.com/

Website for NorthShore University HealthSystem: https://www.northshore.org

Website for Edward-Elmhurst Venture Capital: https://eeh.vc

Melissa Cohen’s email: [email protected]

Manav Sevak’s email: [email protected]

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This episode continues our examination of the need for health care organizations to consider new approaches to care and, particularly, care at home. A leading expert from Sg2 joins the podcast to discuss the strategic imperative of going beyond the ambulatory space to provide better patient care.

Guest speaker:

Jayme Zage, PhD

Principal, Sg2 Intelligence

Vizient

Moderators:

Crystal Mullis, RN, MBA, MHA

Vice President, Member Backed Ventures

Vizient

Heather Ramirez, MS

Ventures Director

Vizient

Show Notes:

[03:33] Imperatives and innovations driving the movement to care in the home

[05:44] Sg2 Strategy Accelerator: describing patient populations at the forefront

[07:19] Payment uncertainty

[08:20] Areas of opportunity and necessity of key partnerships

[13:24] Meeting the challenge of the disruptors, and the role of virtual health

[16:22] Linking areas to consider in care at home – creating efficiencies in the process

[18:13] The business perspective

Links | Resources:

Sg2 Case Study: Care Connectivity Begins at Home: Click here

Vizient Member-Backed Ventures email: [email protected]

Jayme Zage’s email: [email protected]

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Two market forces emerging into the health care arena are poised to play a huge role in the future. The so-called market disruptors, in the words of our guest expert, “are better funded, better capitalized, and … have that knowledge and expertise in how you deliver on an excellent consumer experience.” Payers represent the other force growing stronger in health care delivery, as they move out of their traditional role. Both forces bring strong technology infrastructures to pose critical challenges to conventional health care organizations that are trying to succeed in the future, and this episode examines new models, particularly moving of care to the home, that organizations can adopt to meet these challenges.

Guest speaker:

Moderators:

Heather Ramirez, MS

Show Notes:

[03:05] Moving care to the home: key insights on an emerging force

[04:21] Competing in the new market

[05:00] Digitization and technology

[05:27] Staffing

[07:11] Projecting trends: rising length of stay

[08:38] Projecting trends: SNFs, oncology and home care

[10:13] What providers can do to meet the trends

[12:34] Embracing the new care model

Links | Resources:

Vizient Member-Backed Ventures email:

[email protected]

Brianna Motley’s email:

[email protected]

Sg2 website:

www.sg2.com

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This episode continues the discussion with two leaders who are championing a new way to deliver care and minimize healthcare disparities.

Guest speakers:

Blake Marggraff, BS

Moderators:

Heather Ramirez, MS

Show Notes:

[01:02] Augmenting and uplifting care structure already established

[03:21] Example of successful partnership

[04:35] Power of clinical, deviceless AI models to reduce readmissions

[05:46] Rationale for partnership

[07:15] Areas impacted

[10:07] The future: different from any other offerings

Links | Resources:

Vizient Member-Backed Ventures email:

[email protected]

Website for Jvion:

Click Here

Website for CareSignal:

Click Here

Website for Lightbeam Health Solutions:

Click Here

Soy Chen’s email:

[email protected]

Blake Marggraff’s email:

[email protected]

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To improve and enhance the venture experience for Vizient members, this podcast will leverage a digital strategy execution that will de-risk investments and procurement decisions. This episode features two leaders who are championing a new way to deliver care and minimize healthcare disparities.

Guest speakers:

Blake Marggraff, BS

Moderators:

Heather Ramirez, MS

Show Notes:

[01:22] Overview of Jvion

[01:58] Overview of CareSignal

[02:43] Overview of Lightbeam Health Solutions

[04:37] Key use cases for Jvion

[05:44] Key use cases for CareSignal

[08:09] Driving success for value-based populations

[10:12] Providing assessment and insights from built-in up-to-date patient data

[11:28] Going after the toughest populations

[12:13] Efficiency and efficacy to allow more time spent with the patient – examples

Links | Resources:

Vizient Member-Backed Ventures email:

[email protected]

Website for Jvion:

Click Here

Website for CareSignal:

Click Here

Website for Lightbeam Health Solutions:

Click Here

Soy Chen’s email:

[email protected]

Blake Marggraff’s email:

[email protected]

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DispatchHealth brings the services of an emergency room to the patient’s door, providing convenience and lower costs without sacrificing care. This episode continues our discussion on how the DispatchHealth approach has benefitted patients of a large health system in Northern Virginia.

Guest speakers:

Michelle Vassallo, MHA, RN, NE-BC, CEN

Sara Crate, MBA

Moderator:

Show Notes:

[00:46] Bringing ED care to the home: the patient experience

[02:01] Benefits to the patient

[04:08] Patient response

[05:35] Plans for the future

[08:31] Provider response

[10:19] Transitional care

[11:05] Partnership with American College of  Cardiology

[12:15] Closing thoughts: the growth of a service

Links | Resources:

Vizient Member-Backed Ventures email: [email protected]

Website for DispatchHealth: www.dispatchhealth.com

Website for Inova: www.inova.org

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This episode highlights the partnership between DispatchHealth and the health system Inova in Northern Virginia. Already, the partnership is showing great benefit in delivering the services of an emergency department to patients at home, with the attendant convenience and lower costs. It has already proven a revolutionary approach to emergent care.

Guest speakers:

Michelle Vassallo, MHA, RN, NE-BC, CEN

Sara Crate, MBA

Moderator:

Show Notes:

[00:47] The DispatchHealth story: finding a better way

[02:50] Inova

[05:03] Hospital-level care in the home and its results

[07:12] Services DispatchHealth provides

[09:01] Value to Inova patients

[13:42] The business model and patient experience

Links | Resources:

Vizient Member-Backed Ventures email: [email protected]

Website for DispatchHealth: www.dispatchhealth.com

Website for Inova: www.inova.org

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This podcast episode continues our discussion with Dr. Aaron Gerber of Reimagine Care, a leading provider of cancer care in the home, and Dr. Clay Smith of CU Innovation Centers, the innovation and development arm of a leading health care organization.

Guest speakers:

Clay Smith, MD

Moderator:

Show Notes:

[00:43] Addressing key needs in the market

[02:00] Changing an archaic approach in home care

[02:44) New sophistication with proactive, at-home patient monitoring

[03:42] New approach of clinical trials at a distance

[04:10] Ongoing testing of the Reimagine Care model

[05:17] Need for seamless monitoring and for payor recognition

[06:37] The Reimagine Care model: how it works

[09:43] Three main highlights in the Reimagine Care approach

[11:39] Future direction

Links | Resources:

Vizient Member-Backed Ventures email: [email protected]

Website for Reimagine Care: www.reimaginecare.com

Aaron Gerber’s email: [email protected]

Clay Smith’s email: [email protected]

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