Leaning into the Innovation CurveCathy Jacobson, President & CEO, Froedtert Health
Becker's Hospital Review 5th Annual CEO + CFO RoundtableNovember 8, 2016
Delivery System:
• 3 Hospitals – Including a 550 Bed Academic Medical Center
• 1,319 Provider Faculty Practice
• 494 Provider Community Based Physician Practice
• Various Other Health Care Companies
Health Plan/TPA:• 50/50 Ownership of Network Health with Ascension
• 2nd largest Medicare Advantage Plan in Wisconsin 65,000 Lives
• Medicare Advantage 4.5 Stars
• FH Ownership of TPA (Exceedent)
Digital/Innovation Hub:• Created to drive innovation and collaborate with innovative companies to address
health care problems, develop new ideas, and scale solutions across the health
network.
150,000 Enrolled
Mission
Froedtert & the Medical College of Wisconsin advance the health of the communities we serve through exceptional care enhanced by innovation and discovery.
Vision
Froedtert & the Medical College of Wisconsin will be the region’s premier health system by demonstrating superior value through an academic-community partnership and aligning health care delivery across the region.
Shared Mission and Vision
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Froedtert & MCW Strategic Plan
Strategic Initiatives
Disruption in health care
What is different today?
• Health care is crossing over to digital
Records, testing, delivery of care, treatments, research
• Capital inflows (Google, Apple, etc.)
$16.4 billion in investment (2015)
• Power of the consumer
• Incentives for health care vs. sick care
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Perceived change
Digital change
Disappointment
Disruption
• Separate LLC
• Small Board (CEO, CMO, CFO, Dean, president IH)
• Protected funding
• Focused attorney
• Priority IT resources
• Consolidated digital health/telehealth and Innovation
• Many “key advisors” from health network – but without veto authority
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Innovation mandate
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Incremental Semi-radical Radical
Perceived change
Digital change
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Early Results
Incremental Semi-radical Radical
Digital Wayfinding Digital MedicinesDigital Consumer Engagement
Better together: AVIA Innovator Network members are dedicated to transforming care through digital solutions. Our rigorous, collaborative process empowers members to achieve more at a faster pace and with less risk.
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World of health innovation
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Single organization’s innovation contributionAcademic and research
Corporate
Start-ups
International
Inception Health
Person
Network
Organization
Startup Company
Category
VC groups
SocialCapital
Glooko
Chamath Palihapitiya
Syapse PritzkerGolden Angels
Jump Capital
Disruptive Technology
DH Accelerators
Rock Health
Startup Health
Matter madison Denver
Singularity
EmTech / MIT
Sentrian
Enlitic
UCSF Grassley Lab
DMI Lab
Informal Relationship
Formal Relationship
AVIAEric Langhur
HealthfinchBinary
FountainGauss
SurgicalPatient Wisdom
P
George Day /
Wharton
Medicalis
ConnexientMental Health
Summation ventures
Aaron Martin
Brant Heise
Providence
Cedars S
Gregory Makoul
Healthloop
Artificial Intelligence
Biome
Genomics
Telemedicine
Robotics
3D Printing
Advanced Laboratory
Sensors
Human Longevity
Inc
Virtual Reality
Jibo /Pepper
UBIiome
Miroculus
3D Systems
Cloud Dx
Tess Sense.ly Lark
Second Genome
Second Genome
Syapse Arivale
Curely
Carena
Thought Leader
Connections
Sg2 CB Insights Gartner
Medtronic Muse
Allison Hedon
Chris Cornue
Avasure
YaleIowa
Sieva
Cambia
Ben Albert
Roy Rosin
Darren Dworkin
Rishi Sikka
Rich Roth
Penn
Advocate
Dignity
GE
Garrett Vygantas
Stuart Weitzman
Adam Swick
Nicole Bell
Steven Collens
Jeffrey Nathanson
PDS
Asif Naseem
Andrew Swinand
Mass Gen
Chris WaughSutter
Bright.MD
MySugr
Mathew Warrens
OSF
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Artificial Intelligence
Precision Medicine
Internet of Things
Next Generation Lab
RoboticsDisruptions to Watch
Perceived Change
Digital Change
What if you could screen for cancer
with a finger prick?
What if sequencing a full genome cost less than a dollar?
What if your smartphone knew more about your health than
your provider?
What if a computer was more accurate diagnosing and planning
treatment than a provider?
What if a robot could help people
age safely at home?