VentureSprout Crystal Mullis and Vizient’s Member-backed Ventures team

“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, 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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