VentureSprout: Recent Episodes
Crystal Mullis and Vizient’s Member-backed Ventures team
Hear about health care’s latest endeavors and pioneering ideas on VentureSprout, a podcast featuring spin-ups and newcos developed by Vizient members across the country. Part of Vizient’s Member-backed Ventures offering, VentureSprout connects you to newco executives and health system founders whose innovative ideas will transform health care. Hosted by Crystal Mullis and brought to you by the Vizient Member-backed Ventures Channel.
“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: mbv.info@vizientinc.com
Amber Fencl’s email: abfencl@novanthealth.org
Mike Anderes’ email: michael.anderes@froedtert.com
Mike McSherry’s email: mike.mcsherry@xealth.io
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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:Manav Sevak, BSFounder and Chief Executive OfficerMemora Health
Melissa Cohen, BSManaging DirectorNorthShore Edward-Elmhurst Health Venture Capital
Moderators:Crystal Mullis, RN, MBA, MHAVice President, Member Backed VenturesVizient
Heather Ramirez, MSVentures DirectorVizient
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: mbv.info@vizientinc.com
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: melissa.cohen@eehealth.org
Manav Sevak’s email: manav@memorahealth.com
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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: mbv.info@vizientinc.com
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: melissa.cohen@eehealth.org
Manav Sevak’s email: manav@memorahealth.com
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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: mbv.info@vizientinc.com
Jayme Zage’s email: jayme.zage@vizientinc.com
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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:Brianna Motley, MBAPrincipal, Sg2 IntelligenceVizient
Moderators:Crystal Mullis, RN, MBA, MHAVice President, Member Backed VenturesVizient
Heather Ramirez, MSVentures DirectorVizient
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:
mbv.info@vizientinc.com
Brianna Motley’s email:
brianna.motley@vizientinc.com
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: Soy Chen, MS Chief Data Scientist Jvion
Blake Marggraff, BS Chief Executive Officer CareSignal
Moderators: Crystal Mullis, RN, MBA, MHA Vice President, Member Backed Ventures Vizient
Heather Ramirez, MS Ventures Director Vizient
Show Notes:
[01:13] Augmenting and uplifting care structure already established
[03:32] Example of successful partnership
[04:47] Power of clinical, deviceless AI models to reduce readmissions
[05:57] Rationale for partnership
[07:27] Areas impacted
[10:18] The future: different from any other offerings
Links | Resources:
Vizient Member-Backed Ventures email:
mbv.info@vizientinc.com
Website for Jvion:
https://jvion.com/
Website for CareSignal:
https://www.caresignal.health/
Website for Lightbeam Health Solutions:
https://lightbeamhealth.com/
Soy Chen’s email:
schen@lightbeamhealth.com
Blake Marggraff’s email:
bmarggraff@lightbeamhealth.com
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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: Soy Chen, MS Chief Data Scientist Jvion
Blake Marggraff, BS Chief Executive Officer CareSignal
Moderators: Crystal Mullis, RN, MBA, MHA Vice President, Member Backed Ventures Vizient
Heather Ramirez, MS Ventures Director Vizient
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:
mbv.info@vizientinc.com
Website for Jvion:
https://jvion.com/
Website for CareSignal:
https://www.caresignal.health/
Website for Lightbeam Health Solutions:
https://lightbeamhealth.com/
Soy Chen’s email:
schen@lightbeamhealth.com
Blake Marggraff’s email:
bmarggraff@lightbeamhealth.com
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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: Tanveer Gaibi, MD Division Chief, Emergency Medicine Inova
Michelle Vassallo, MHA, RN, NE-BC, CEN Vice President, Nursing and Clinical Platforms Service Line Inova
Sara Crate, MBA Chief Commercial Officer DispatchHealth
Moderator: Crystal Mullis, RN, MBA, MHA Vice President, Member Backed Ventures Vizient
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: mbv.info@vizientinc.com
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: Tanveer Gaibi, MD Division Chief, Emergency Medicine Inova
Michelle Vassallo, MHA, RN, NE-BC, CEN Vice President, Nursing and Clinical Platforms Service Line Inova
Sara Crate, MBA Chief Commercial Officer DispatchHealth
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
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: mbv.info@vizientinc.com
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: Aaron Gerber, MD, MBA Chief Executive Officer and Co-Founder Reimagine Care
Clay Smith, MD Director, Blood Disorders and Cell Therapies Center Medical Director, UCHealth and CU Innovation Centers University of Colorado
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
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: mbv.info@vizientinc.com
Website for Reimagine Care: www.reimaginecare.com
Aaron Gerber’s email: agerber@reimaginecare.com
Clay Smith’s email: clayton.smith@cuanschutz.edu
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Making cancer care more affordable, accessible and home-centered is the goal of the partnership between Reimagine Care and CU Innovation Centers. This podcast episode highlights that partnership to show how digital technology solutions can revolutionize oncology care and bring it closer to the patient. And a leading expert from Sg2 weighs in on the latest trends that are moving toward new approaches in oncology.
Guest speakers: Aaron Gerber, MD, MBA Chief Executive Officer and Co-Founder Reimagine Care
Cory Jones, MBA Associate Principal, Sg2 Intelligence Oncology and Orthopedic Service Line Vizient
Clay Smith, MD Director, Blood Disorders and Cell Therapies Center Medical Director, UCHealth and CU Innovation Centers University of Colorado
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[01:07] The state of the cancer service line and the move to the home setting
[06:08] Mission of Reimagine Care and the rationale for a new approach in oncology
[07:51] Strategic and financial challenges in the oncology service line
[09:46] Partnership of Reimagine Care and CU Anschutz
[10:45] Getting bone marrow transplant patients out of the hospital
Links | Resources:
Vizient Member-Backed Ventures email: mbv.info@vizientinc.com
Website for Reimagine Care: www.reimaginecare.com
Aaron Gerber’s email: agerber@reimaginecare.com
Clay Smith’s email: clayton.smith@cuanschutz.edu
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This podcast episode continues our discussion with Emily Goetz of Bright.md, a leading provider of asynchronous care expertise and technology, and Matthew Warrens of UnityPoint Health Ventures, the innovation arm of a leading health care organization.
Guest speakers: Emily Goetz Vice President, Commercial Bright.md
Matthew Warrens, MBA Managing Director, Innovation UnityPoint Health Ventures
Moderator: Crystal Mullis, RN, MBA, MHA Vice President, Member Backed Ventures Vizient
Show Notes:
[00:57] Platform’s ease of use
[01:39] Reaching consumers and providers
[03:07] UnityPoint’s scaling plan: building the platform’s success
[04:44] Patient reaction
[05:55] What’s next
[07:27] Beyond urgent care
[09:29] Reimbursement
[10:07] Solving the staffing problem
Links | Resources:
Vizient Member-Backed Ventures email: mbv.info@vizientinc.com
Bright.md: https://bright.md
Emily Goetz’s email: emily@bright.md
Matthew Warrens’ email: matthew.warrens@unitypoint.org
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Asynchronous health, which removes the need for direct patient-provider contact except when critical, has emerged as a care approach that improves efficiency for patients and providers both. This podcast episode features a leading company that provides technology and expertise for asynchronous care and its partnership with a leading health care organization.
Guest speakers:
Emily Goetz Vice President, Commercial Bright.md
Matthew Warrens, MBA Managing Director, Innovation UnityPoint Health Ventures
Moderator:
Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[00:45] Background on Bright.md
[01:32] UnityPoint Health and the rationale for partnering with Bright.md
[03:45] UnityPoint’s direct investment fund
[05:40] Defining asynchronous care
[07:23] Higher-acuity patients and asynchronous care
[10:00] Benefits of the partnership
[11:20] Providing multiple access points
Links | Resources:
Vizient Member-Backed Ventures email: mbv.info@vizientinc.com
Bright.md: https://bright.md
Emily Goetz’s email: emily@bright.md
Matthew Warrens’ email: matthew.warrens@unitypoint.org
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This is part four of our four-part series highlighting interviews from our Member-backed Ventures Summit. In this episode, we focus on how health care organizations can further their provider-patient experiences.
Guest speakers: Srulik Dvorsky, GMBA Chief Executive Officer and Co-Founder TailorMed
Kyle Kiser Chief Executive Officer RxRevu
Benton Barney Chief Commercial Officer RxRevu
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[01:13] Srulik Dvorsky – trends creating a challenge for health care providers
[02:31] Guiding concepts: three pillars
[03:40] Kyle Kiser and Benton Barney – the days of providers not considering cost and coverage information while making care decisions are behind us
[02:24] Working with Gyant to help patient interaction
[04:51] Sitting between insurance and providers and how to make it work
Links | Resources:
TailorMed website: https://tailormed.co/
RxRevu website: https://rxrevu.com/
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This is part three of our four-part series highlighting our Member-backed Ventures Summit, featuring interviews with our distinguished panel of digital health entrepreneurs. In this episode, we focus on how both sides of the health care market – from start-ups to providers – can assert themselves as health care partners and leaders.
Guest speakers: Niko Skievaski, MA Co-Founder and President Redox
Mike Phillips, MD, MBA Partner and Managing Director Intermountain Ventures
Sefan Behrens, PhD CEO and Co-Founder Gyant
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[01:06] Niko Skievaski – trends accelerated by the pandemic
[01:47] Look internally in your organization before looking at the external market
[02:28] Mike Phillips – reaching patients where they are at a very low cost
[02:54] Working with Gyant to help patient interaction
[03:51] Stefan Behrens – consumer expectations and engagement with the health care providers and health plans have completely changed
[04:48] Need for automation to overcome challenges
Links | Resources:
Redox website: www.redoxengine.com
Intermountain Healthcare website: https://intermountainhealthcare.org
Gyant website: https://gyant.com
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Health equity has become a dominant and urgent undertaking in patient care, and investment in health equity is on the increase. This episode features one of the drivers of that investment, Health Enterprise Partners, and the discussion will range from defining health equity to describing the various undertakings and investments, along with the attendant challenges, happening in the field today.
Guest speaker: Ezra Mehlman, MBA Managing Director Health Enterprise Partners
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[01:30] Defining health equity
[02:37] Care that is not culturally competent is inferior care
[03:37] Omnipresence of fee-for-service
[04:20] Challenge of tracking data
[05:15] Challenge of finding an ROI
[06:18] Solutions
[09:20] Where investment is headed
[11:16] Considerations for investment
Links | Resources:
Health Enterprise Partners website:
www.hepfund.com
Ezra Mehlman’s email:
emehlman@hepfund.com
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This is part two of our four-part series highlighting our Member-backed Ventures Summit, featuring interviews with our distinguished panel of digital health entrepreneurs. In this episode, we focus reducing the fragmentation of care delivery and empowerment of consumer-patients through digital solutions. These solutions provide autonomy to the consumer and an advantage to health care organizations who use them.
Guest speakers: Kristen Valdes Founder and Chief Executive Officer b.well Connected Health
Meghan Robb Vice President Sg2 Product Management Vizient
John Bardis Chairman and Chief Executive Officer ShareMD
Adrian Lawrence Chief Technology Officer ShareMD
David Harvey Chief Executive Officer Panda Health
Moderator: Crystal Mullis, RN, MBA, MHA Vice President Member Backed Ventures Vizient
Show Notes:
[01:22] Kristen Valdes – the rules have changed; new opportunities are emerging
[03:34] Health care is missing a necessary layer of technology
[05:36] Meghan Robb – digital technologies and the consumer
[07:36] John Bardis – a time that has never existed before
[07:47] Clinical economic philosophy
[09:03] A prospective process
[10:11] Adrian Lawrence – consumer environments have more of an impact on health than care received
[13:40] David Harvey – patients are not constrained by loyalty or proximity
Links | Resources:
Member Backed Ventures Summit Panel Keynote – Kristen Valdes Click here
b.well Connected Health website: www.icanbwell.com
ShareMD website: https://sharemd.com/
Panda Health website: https://panda.health/
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This is part one of our four-part series highlighting our Member-backed Ventures Summit and interviews with our distinguished panel of digital health entrepreneurs. In this episode, we focus on the need for organizations to deliver digital health care in this era of heightened consumer/patient expectations. COVID-19 accelerated these expectations, and our panel relates how their digital solution companies, working with member health care organizations, deliver this needed transformation in care delivery.
Guest speakers:
Derek Streat, BA
Chief Executive Officer
DexCare Health
Pippa Shulman, DO, MPH
Chief Medical Officer
Medically Home
Brooke LeVasseur, BA
Chief Executive Officer
AristaMD
Glen Olson
Vice President
Business Development
AristaMD
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President
Member Backed Ventures
Vizient
Show Notes:
[01:30] Derek Streat – consumers expect it all; providers need to be more nimble
[06:22] Dr. Pippa Shulman – two major care shifts providers need to understand
[07:36] Patients are comparing their office visit to their experience with Amazon
[09:33] Brooke LeVasseur – being consumer- and physician-friendly
[12:21] Glen Olson – supporting the primary care physician
[13:55] Gigantic network of specialists – digital access is critical
Links | Resources:
Member Backed Ventures Summit Panel Keynote – Kristen Valdes Click here
DexCare Health www.dexcarehealth.com
Medically Home www.medicallyhome.com
AristaMD www.aristamd.com
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This episode continues the discussion around the benefits of b.well Connected Health, a digital solution that minimizes the fragmentation patients usually experience when accessing health care. It gives them the ability to create and customize their access and allows them to pull in their data from across the spectrum of care.
Guest speakers:
Kristen Valdes
Founder and Chief Executive Officer
b.well Connected Health
Imran Andrabi, MD
President and Chief Executive Officer
ThedaCare
John Lock
Chief Digital Transformation Officer
MedStar Health
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:43] The b.well team
[02:15] Consumers as custodians of their own data
[03:27] Need for industry core knowledge
[05:15] Adapting to needs fostered by COVID
[09:10] The ThedaCare experience
[10:14] The MedStar Health experience
[11:30] Patient over a hundred years old using b.well
[12:20] What’s next?
Links | Resources:
b.well Connected Health Click here
ThedaCare Click here
MedStar Health Click here
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When Kristen Valdes learned her daughter had a significant autoimmune condition, it started a long, arduous journey through the health care system to find diagnosis and treatment. This experience formed the basis for b.well Connected Health, a health care solution that allows individual patients to take control of their care experience. This episode will feature a discussion about the b.well platform and how it integrates data, insights and partners into a single, customized solution for patients and providers.
Guest speakers:
Kristen Valdes
Founder and Chief Executive Officer
b.well Connected Health
Imran Andrabi, MD
President and Chief Executive Officer
ThedaCare
John Lock
Chief Digital Transformation Officer
MedStar Health
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[01:37] Bailey’s story: the origin of b.well Connected Health
[04:07] Healing fractured, fragmented care: why organizations work with b.well
[07:32] The b.well experience for patients and providers
[13:38] How to engage with the platform
[16:12] Vetting the platform: seamlessness and interoperability
[17:28] The business model
Links | Resources:
b.well Connected Health Click here
ThedaCare Click here
MedStar Health Click here
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“All of the plans that I’ve seen … have always tried to restructure health care based on moving the money. … The real focus needs to be on the movement of care and the change of care.” These are the words of today’s guest, who continues his discussion about Medically Home, where the emphasis is the relationship to the patient in the home environment rather than a relationship with a payer. Medically Home is uniquely suited to deliver care to patients and families in their preferred location: the home.
Guest speaker:
Raphael Rakowski
Executive Chairman and Chief Business Development Officer
Medically Home
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:44] Experience with Mayo and caring for complex patient conditions
[02:04] Making the investment
[04:57] Other partners
[05:32] Need for focus on three groups of complex patients
[06:42] Shifting from provider-payment model to care in the patient home
[07:45] Bundled payment for all care delivered
[08:09] Focus on movement of care and change of care not movement of money
[09:53] Enhanced ability to care for dispersed patient populations
[10:15] Working with the states
[11:00] House call from an angel: the power of a healer
Links | Resources:
Medically Home Click here
Raphael Rakowski bio Click here
Mayo Clinic and Kaiser Permanente Invest $100 Million in “Hospital Care at Home” Venture (Forbes) Click here
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Only 35 percent of the cost of care in this country is devoted to actual clinical care of patients. The rest is used for overhead – bricks and mortar. Today’s guest discusses the alternative, which is decentralizing much of this care and moving it into the patient home. His systematic approach, which he describes as a four-legged stool,” is the heart if this venture, Medically Home. We’ll examine his revolutionary, comprehensive strategy in this episode.
Guest speaker:
Raphael Rakowski
Executive Chairman and Chief Business Development Officer
Medically Home
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[01:19] Three medical errors
[01:58] Decentralizing health care—the rise of home care
[03:20] High-acuity, complex patients represent 25-30% of patients in hospitals
[03:40] Fusing acute care, post-acute care and population health
[04:53] Four-legged stool: the major functions within the Medically Home operation
[07:42] Examples of patient experiences
[11:22] Convincing providers: capacity, exposure to cost, dropping ED volumes
Links | Resources:
Medically Home Click here
Raphael Rakowski bio Click here
Mayo Clinic and Kaiser Permanente Invest $100 Million in “Hospital Care at Home” Venture (Forbes) Click here
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Adapting principles from the gaming industry, Gyant has created a digital platform to create better patient experiences, improve workflow and reduce costs. Join us as we continue our discussion about this powerful front door software and the benefits health care organizations can derive from partnering with Gyant.
Guest speakers:
Michael Phillips, MD, MBA
Partner and Managing Director
Intermountain Venture Fund
Intermountain Healthcare
Stefan Behrens, PhD, MBA
Co-Founder and Chief Executive Officer
Gyant
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:46] COVID symptom and navigation tools—alleviating pressure on phone lines
[02:05] Taking advantage of an opportunity during a bad situation
[03:51] Positive momentum in the market and a look at the future
[08:24] A benefit to the caregivers
[10:08] Addressing health equity
Links | Resources:
Gyant Makes People Better Click here
Intermountain Healthcare Click here
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On this episode, we explore the partnership between Vizient member Intermountain Healthcare and Gyant, a digital front door software for hospitals and health systems to create better patient experiences, improve workflow and reduce costs.
Guest speakers:
Michael Phillips, MD, MBA
Partner and Managing Director
Intermountain Venture Fund
Intermountain Healthcare
Stefan Behrens, PhD, MBA
Co-Founder and Chief Executive Officer
Gyant
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[01:10] Stefan’s dad
[02:11] Out of the gaming experience
[02:29] The Gyant “tutorial” approach
[02:59] Intermountain Healthcare
[04:15] Value of Gyant: navigating health care
[09:40] Starting with an open question
[10:50] Cost-efficiency and ease of use
[13:24] A seamless handover
Links | Resources:
Gyant Makes People Better Click here
Intermountain Healthcare Click here
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Tip Kim, Chief Market Development Officer at Stanford Health Care, describes the value of e-consults in this way: “What we found was … the primary care physician had a pretty good bead on what should be done, but that additional consult … really empowered the physician to do more for [the] patient.” On this episode, we continue our exploration of what e-consults have achieved through the partnership of Stanford Health Care and AristaMD, a digital health platform that allows payers and providers to quickly launch e-consults with specialists.
Guest speakers:
Tip Kim, MBA
Chief Market Development Officer
Stanford Health Care
Brooke LeVasseur, BA
Chief Executive Officer
AristaMD
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:55] Rationale behind choosing to partner with AristaMD
[03:25] Deploying the team
[05:08] Increasing access to specialists and reducing care disparities
[07:07] How to discern the best of all the offerings marketed in health care
[08:10] Disruptors “running out of runway”
[09:30] Apps are not enough
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
AristaMD website Click here
E-consults save time, money, and lives by avoiding long specialist waits Click here
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AristaMD is a digital health platform that allows payers and providers to quickly and cost-effectively launch e-consults with specialists. On this episode, we’ll explore the value and rising popularity of e-consults and feature the partnership between AristaMD and Stanford Health Care. We’ll hear what they have learned and the benefits they have received.
Guest speakers:
Tip Kim, MBA
Chief Market Development Officer
Stanford Health Care
Brooke LeVasseur, BA
Chief Executive Officer
AristaMD
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[01:06] History and rationale behind AristaMD
[03:23] The Stanford Health Care experience
[07:34] Broader role of AristaMD in the health care industry
[11:50] Impact on patients and providers
[18:28] Value proposition and benefits
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
AristaMD website Click here
E-consults save time, money, and lives by avoiding long specialist waits Click here
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In this episode, we continue our discussion about AristaMD, a digital health platform that allows payers and providers to quickly and cost-effectively launch e-consults with specialists. We will examine AristaMD’s partnership with the University of Colorado School of Medicine, both the details involved in making the partnership work and the successes seen as a result.
Guest speakers:
Glen Olson
Vice President
Business Development
AristaMD
John “Fred” Thomas, PhD, MSSW
Executive Director
Peer Mentored Care Collaborative
University of Colorado School of Medicine
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:58] Specialists involved in e-consults
[02:47] Team members and their efforts
[05:48] Stakeholders
[09:40] E-consult first
[11:20] Health inequity
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
AristaMD website Click here
AristaMD/University of Colorado School of Medicine partnership Click here
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On this edition of the VentureSprout Podcast, we feature AristaMD, a digital health platform that allows payers and providers to quickly and cost-effectively launch e-consults with specialists. Specialists can be from the participating organization or from AristaMD’s board-certified panel. We will highlight how AristaMD and the University of Colorado School of Medicine have engaged in a successful partnership that has quickly grown in scope and popularity. We’ll hear about the benefits and what they have learned in this partnership.
Guest speakers:
Glen Olson
Vice President
Business Development
AristaMD
John “Fred” Thomas, PhD, MSSW
Executive Director
Peer Mentored Care Collaborative
University of Colorado School of Medicine
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[00:20] Introductions
[05:00] How AristaMD works
[10:13] Informing patients
[13:49] Provider investment
[17:20] Scope of practice and quality
[19:55] Who is the buyer?
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
AristaMD website Click here
AristaMD/University of Colorado School of Medicine partnership Click here
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Part two of our series with DexCare explores the challenges health care organizations face in digital health, from competitors and disruptors in the market to complex market demands to fixed costs that hinder development. In our discussion, we review approaches DexCare is using to meet those challenges and provide on-demand, high-velocity care for patients in multiple venues.
Guest speakers: Sara Vaezy, MHA, MPH Chief Digital Strategy and Business Development Officer Providence
Derek Streat, BA CEO DexCare
Moderators: Crystal Mullis, RN, MBA, MHA Vice President and General Manager Digital, Virtual and Ventures Vizient
Chris Pagano, MBA Senior Consulting Director, Intelligence Sg2
Show Notes:
[01:08] Looking at the market situation today: a change in perspective and pace
[02:29] Health care organizations encumbered
[04:49] DexCare takes a different (e-commerce) approach
[06:39] Business model: three components
[07:26] A solution that never existed before
[11:10] Addressing the mixed model in health care
[11:43] Moving DexCare forward – the national network
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
DexCare website Click here
Providence website Click here
“Providence pivots digital consumer tools for COVID-19 response” (Healthcare IT News) Click here
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This episode of the VentureSprout Podcast features DexCare, a digital health solution that Vizient member Providence founded several years ago to provide on-demand, high-velocity care to patients in multiple venues. Today, DexCare is growing into an integrated, broader capability offering a digitally driven patient experience, from scheduling to delivery. In this two-part series, we’lll hear the story of DexCare from those who experienced it, both the challenges they faced and the advances they’ve made.
Guest speakers:
Sara Vaezy, MHA, MPH
Chief Digital Strategy and Business Development Officer
Providence
Derek Streat, BA
CEO
DexCare
Moderators:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Chris Pagano, MBA
Senior Consulting Director, Intelligence
Sg2
Show Notes:
[01:25] Overview of DexCare
[04:53] Seamless connection
[05:28] Components of the solution
[08:37] A more distributed model
[10:02] Transformational impact of model
[13:12] Opening additional access to care
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
DexCare website Click here
Providence website Click here
“Providence pivots digital consumer tools for COVID-19 response” (Healthcare IT News) Click here
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In this episode of the VentureSprout podcast, we continue the discussion about the Panda digital marketplace and why it works as a “one-stop shop” for health systems not equipped to develop digital health solutions on their own. You’ll hear the rest of the story behind why three Vizient organizations created and developed this solution to connect their providers with innovative technology to transform patient care.
Guest speakers: Kenneth Holmen, MD President and CEO CentraCare Health
Rajesh Aggarwal, MD, PhD, FRCS, FACS Chief Growth and Strategy Officer Panda
Moderator: Crystal Mullis, RN, MBA, MHA Vice President and General Manager Digital, Virtual and Ventures Vizient
Show Notes: [01:17] Health care organizations are not in the digital solutions business [02:43] Cost to play with Panda [04:36] Value proposition of digital solutions – better care, lower costs [06:22] Progress so far and future steps [07:30] “Find the puck” – coming to grips with changes and expectations [10:19] Why health systems participate: patient concerns, future capacity, best solution
Links | Resources:
Practice and Policy Reset Post-COVID-19 Click here
Panda Health website Click here
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Welcome to the VentureSprout podcast where we feature exciting spin-ups and newcos created by Vizient hospitals and health systems around the country. These best in-class digital health solutions provide simple, fast, efficient connections to procurement that transform how health systems do business. On this episode, hear from the visionaries behind the founding of Panda, a digital health marketplace three Vizient organizations developed to join providers with innovative technology to transform patient care.
Guest speakers:
Kenneth Holmen, MD
President and CEO
CentraCare Health
Rajesh Aggarwal, MD, PhD, FRCS, FACS
Chief Growth and Strategy Officer
Panda
Moderator:
Crystal Mullis, RN, MBA, MHA
Vice President and General Manager
Digital, Virtual and Ventures
Vizient
Show Notes:
[02:15] Overview of Panda
[04:19] Panda: the health system founder perspective
[07:31] Accessing the Panda marketplace
[09:46] Challenge in choosing the right solution in a confusing marketplace
[11:15] Need for expertise
[12:26] Need for a solution that works
Links | Resources:
New Digital Frontier: Exploring Health Care Provider Spin-ups and NewCos Click here
Panda Health website Click here
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