VentureSprout
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.
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Episodes
Tuesday May 30, 2023
Tuesday May 30, 2023
“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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Thursday Feb 16, 2023
Thursday Feb 16, 2023
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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Monday Feb 06, 2023
Monday Feb 06, 2023
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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Friday Jan 20, 2023
Friday Jan 20, 2023
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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Thursday Dec 29, 2022
Thursday Dec 29, 2022
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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Monday Nov 21, 2022
Monday Nov 21, 2022
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, MSChief Data ScientistJvion
Blake Marggraff, BSChief Executive OfficerCareSignal
Moderators:Crystal Mullis, RN, MBA, MHAVice President, Member Backed VenturesVizient
Heather Ramirez, MSVentures DirectorVizient
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:
mbv.info@vizientinc.com
Website for Jvion:
Click Here
Website for CareSignal:
Click Here
Website for Lightbeam Health Solutions:
Click Here
Soy Chen’s email:
schen@lightbeamhealth.com
Blake Marggraff’s email:
bmarggraff@lightbeamhealth.com
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Monday Nov 14, 2022
Monday Nov 14, 2022
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, MSChief Data ScientistJvion
Blake Marggraff, BSChief Executive OfficerCareSignal
Moderators:Crystal Mullis, RN, MBA, MHAVice President, Member Backed VenturesVizient
Heather Ramirez, MSVentures DirectorVizient
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:
Click Here
Website for CareSignal:
Click Here
Website for Lightbeam Health Solutions:
Click Here
Soy Chen’s email:
schen@lightbeamhealth.com
Blake Marggraff’s email:
bmarggraff@lightbeamhealth.com
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Monday Sep 12, 2022
Monday Sep 12, 2022
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, MDDivision Chief, Emergency MedicineInova
Michelle Vassallo, MHA, RN, NE-BC, CENVice President, Nursing and Clinical Platforms Service LineInova
Sara Crate, MBAChief Commercial OfficerDispatchHealth
Moderator:Crystal Mullis, RN, MBA, MHAVice President, Member Backed VenturesVizient
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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Tuesday Sep 06, 2022
Tuesday Sep 06, 2022
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, MDDivision Chief, Emergency MedicineInova
Michelle Vassallo, MHA, RN, NE-BC, CENVice President, Nursing and Clinical Platforms Service LineInova
Sara Crate, MBAChief Commercial OfficerDispatchHealth
Moderator:Crystal Mullis, RN, MBA, MHAVice PresidentMember Backed VenturesVizient
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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Monday Aug 22, 2022
Monday Aug 22, 2022
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, MBAChief Executive Officer and Co-FounderReimagine Care
Clay Smith, MDDirector, Blood Disorders and Cell Therapies CenterMedical Director, UCHealth and CU Innovation CentersUniversity of Colorado
Moderator:Crystal Mullis, RN, MBA, MHAVice PresidentMember Backed VenturesVizient
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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