How to Become the Nation’s Top Health Innovation Ecosystem

Two weeks ago, Steve Case, one of the founders of America Online and a partner at the investment firm Revolution Growth, visited Denver. He arrived aboard a large bus in which he had been travelling the country, driving from one startup hub to another in search of America’s most innovative companies.

As one of the stops on his Rise of the Rest tour, Case’s visit to Denver was part of an effort to highlight our nation’s up-and-coming innovation clusters, the hotspots of entrepreneurism that are appearing in cities like Baltimore, Omaha, and Phoenix. But when he stepped from his bus on the morning of Oct. 3rd, Case had an important message for the members of our thriving startup community.

In many ways, he explained, we’ve already made it. From his perspective, our innovation ecosystem – which spans the Front Range, from Fort Collins in the north to Colorado Springs in the south – is already an economic powerhouse.

His assessment of Colorado’s booming startup economy led me to reflect on several recent developments in our state’s health innovation ecosystem. I began to think about the opening of Startup Health Colorado, the preparations occurring at the future site of Catalyst HTI, and the upcoming Prime Health Challenge.

And I realized something.

Ranking Ecosystems

For years now, we’ve been ranking regional health innovation ecosystems according to a single metric. Whether compiled by Rock Health on the West Coast or Startup Health on the East Coast, annual reports on the state of digital health in America have consistently portrayed funding levels as the principal measure of an ecosystem’s success.

But there’s a problem with this approach. If we use investment numbers to rank regional health innovation ecosystems, the regions with the largest concentrations of capital will always rank highest, because capital tends to stay in its area of origin.

And while access to funding is critical for startups, funding alone won’t guarantee the adoption of innovation within the healthcare system. To accomplish this, startups need access to a wide range of individuals and organizations, including healthcare providers, corporate partners, and regulatory bodies.

If we are going to rank our country’s regional health innovation ecosystems, it should be according to how well they help their members achieve this larger goal.

The Right Metrics

In order to rank ecosystems according to this new standard, we will need a different set of metrics. Fortunately, the Rotman School of Management at the University of Toronto developed just such a set of metrics when it performed a broad assessment of health innovation hubs in 2013.

By adapting the evaluation criteria they used, a series of questions can be derived. It is my belief that these questions can provide us with a more accurate means of ranking health innovation ecosystems, while also serving as a blueprint that ecosystems everywhere can follow to attain the highest possible rankings.

1. Is there a focus on creating digital health solutions in the ecosystem?

2. Do the members of the ecosystem have experience supporting large-scale initiatives?

3. Is the ecosystem partnered with healthcare providers?

4. Is the ecosystem partnered with corporations?

5. Is the ecosystem partnered with investors?

6. Is the ecosystem partnered with governmental and regulatory bodies?

7. Does support for the development and scaling of innovation exist within the ecosystem?

8. Does a virtual and physical support structure exist for the entrepreneurs within the ecosystem?

9. How accessible is information within the ecosystem?

10. What evidence exists to support the efficacy of the ecosystem in driving innovation?

Strengthening Our Ecosystem

At Prime Health, we’re currently engaged in a three-month-long process, known as the Prime Health Challenge, which is intended to strengthen our ecosystem according to each of these metrics. This year’s Challenge began with the meticulous assessment of several health-tech startups, from which six finalists were chosen.

On September 29th, these finalists met briefly with representatives from major healthcare providers, including Centura Health and Kaiser Permanente. This Wednesday, they will have the chance to convince these organizations to pilot their solutions before an audience of hundreds at the EXDO Event Center.

In its three years of operation, the Challenge has helped startups land pilots with major providers, secure partnerships with large organizations, and attain millions of dollars in funding. It has brought together clinicians, executives, investors, entrepreneurs, technologists, academics, and more to accelerate the adoption of innovation within the healthcare system. But the success of this process has only been possible because of the participation of members of our ecosystem like you.

Please join us on October 19th at the EXDO Event Center, and let’s show the nation why we deserve to be ranked the top health innovation ecosystem.

Jeffrey Nathanson
President & CEO
Prime Health

It Takes More than a Village — Thank You

They say it takes a village, but we had a whole metropolis supporting Prime Health in bringing together leaders and key stakeholders to explore how, together, we can enhance healthcare in our local communities and across the U.S., through digital health innovations.

More than 100 organizations joined forces with us this year to make the 2016 Prime Health Innovation Summit the largest gathering of its kind in Colorado’s history — and we couldn’t be more grateful.

Please join us in thanking each one of our sponsors, exhibitors and speakers.

Sponsors:

Colorado Health Foundation

Aetna

iTriage

Kaiser PermanenteE&YViaWest

Denver South Economic Development Partnership

Denver Office of Economic Development

Anabliss

Garlic Media

Storyvine

MyRounding

Brownstein Hyatt Farber Schreck, LLP

Twentyseven Global

Zayo

Exhibitors:

Absio

Aetna/iTriage

Agathos

Allergy Solutions, Inc.

Brownstein Hyatt Farber Schreck

C3LX

Catalyst HTI

CirrusMD

Colorado BioScience Association

Countermind, LLC

E&Y

EmPowerYu

Garlic Media

HAP Innovations

Motus Health Tech

Novum Concepts

NymblScience

Otto Healthcare

Play-it Health

Prime Health/Valid Eval

Quantant Technology, Inc.

Radish Systems

Revolar

RxREVU

Storyvine

Symbia Allergy

Tapis

Test Appropriate

The Lonely Entrepreneur

Twentyseven Global

ViaWest

Weigh and Win

Zayo

Speakers

Adam Brickman, Director of Strategic Communication & Public Policy, Omada Health

Amy Latham, VP, Philanthropy, Colorado Health Foundation

Ashley Simmons, Director of Innovation Development, Florida Hospital

Barbara Martin, Interim Colorado SIM Office Director

Bert Miuccio, CEO, HealthTeamWorks

Brett Peterson, Venture Development, CU Innovations

Brian Garcia, SVP, CTO/CPO, Welltok

Bruce Brandes, CEO, Lucro Marketplace

Carm Huntress, CEO, RxRevu

Chip Blaufuss, Chief Development Officer, HCA

Christi Zuber, Director, Innovation Consultancy, Kaiser Permanente

Christian Dwyer, SVP, Revenue Products & Distribution, Healthgrades

Christopher Khoury, VP, Environmental Intelligence & Strategic Analytics, American Medical Association

Dr. David Kibbe, President & CEO, Co-founder, Direct Trust

David Marshall, Founder, MyRounding

Debra Loggia, Sr. Mgr. Digital & Emerging Technologies, Ernst & Young

Derek Baird, VP, Growth & Business Development, AVIA

Dick Thompson, Executive Director & CEO, Quality Health Network

Doug Krug, el Solutions

Ed Cantwell, Executive Director, Center for Medical Interoperability

Dr. Foster Goss, Emergency Physician, CU Anschutz Medical Center

Frank Ricotta, Managing Partner, BurstIQ

Gabe Varela, CTO, CirrusMD

Gary Loveman, Ph.D., Executive Vice President, Consumer Health & Services, Aetna

Dr. Halee Fischer-Wright, President & CEO, MGMA

Hans Lundin, CFO, Point B Capital

Heidi Dohse, Program Manager, Google

Jake Rishavy, Director of Innovation and Entrepreneurship, DSEDP

Jane Chiang, SVP of Medical Affairs, American Diabetes Association

Jason Carolan, CTO, ViaWest

Dr. Jay Want, Chief Medical Officer, CIVHC

Jeff Waggoner, Partner, TechCXO

Jim Greiner, Business Advisor

Jody Holtzman, SVP, Enterprise Strategy & Innovation, AARP

Joe Sammen, Executive Director, Colorado Coalition for the Medically Underserved

Katie Richardson, Director of Physician Experience, Kaiser Permanente

Katya Hancock, Director of Strategic Partnerships, StartUp Health

Kay Cowling, CEO, Cowling Advisory Services

Kevin Riddleberger, Chief Strategy Officer, DispatchHealth

Dr. Kimberly Gandy, CEO, Play-it Health

Kurt Brenkus, Founder, Aver Informatics

Liz Coker, COO, 3P Health

Margaret McGuckin, Principal, M. McGuckin Group

Mark Mescher, Regional Business Director, angelMD

Matt Guy, Executive Director, Pueblo Triple Aim Coalition

Matt Hinchey, Innovation Imagineer, Mercer

Matt Sopcich, President & Co-Founder, MyStrength

Michael Dermer, Founder & CEO, The Dermer Group

Mike Biselli, President, Catalyst HTI

Mike Freeman, CEO, Innosphere

Morgan Honea, CEO, CORHIO

Patrick Spear, President & CEO, Global Market Development Center

Peter Kung, System Vice President, Virtual Health, SCL Health

Renae Pemberton, ACO Program Director, Centura

Richard Zane, Executive Director, Emergency Services, CU Anschutz Medical Center

Sean Kennedy, Healthcare & Life Sciences Solution Architect, Salesforce Health Cloud

Stephen Konya, Senior Innovation Strategist, Office of the National Coordinator for Health IT, U.S. HHS

Steve Adams, CEO, Leo Technologies

Steve Lindseth, Senior Advisor, Triple Tree Capital Partners

Sumanth Channabasappa, Founding Director, The CORE

Tod Baker, CEO, MDValuate

Todd Evenson, COO, MGMA

Tom Base, Managing Director, Boomtown Accelerator

Tom Higley, CEO, 10.10.10

Toma Bedolla, Founder & CEO, House of Genius

Tracey Campbell, VP, Strategy & Business Development, CIVHC

Uri Neren, President and Founder, Innovators International

Vic Ahmed, Founder, Innovation Pavilion

Yaniv Kanfi, President, iTriage/WellMatch

Value = (Quality=Outcomes)/Cost. Does that cover it?

Value. It’s driving a lot of change in the industry, but what does it really entail? Does “value” mean the same thing to a consumer/patient as it does to a provider? With more emphasis on the consumer experience, does it contain elements of patient satisfaction? Of convenience? What about the provider’s experience? How do performance and cost transparency play a role?

As we surge toward a value-based system, it would help if we were all striving to achieve the same vision. Maybe it’s time to reevaluate our vision of “value.” What do you think?

Don’t miss the Value = (Quality=Outcomes)/Cost discussion at Monday’s Prime Health Summit. You’ll have the opportunity to join moderator Jim Greiner and other healthcare industry leaders to discuss and debate a revised definition of healthcare value. Plus, panelists will share specific value-driven implementation or results from their organizations.

In the morning session, you’ll hear from:

  • Tod Baker, CEO, MDValuate
  • Jay Want, Chief Medical Officer, CIVHC
  • Dick Thompson, Executive Director and CEO, Quality Health Network
  • Bert Miuccio, CEO, HealthTeamWorks

And in the afternoon, you can join the conversation with:

  • Kurt Brenkus, Founder and CEO, Aver Informatics
  • Morgan Honea, CEO, CORHIO
  • Hans Lundin, CFO, Point B Capital
  • Tracey Campbell, VP, Strategy and Business Development, CIVHC

Register here for the 2016 Prime Health Summit if you haven’t already.

Health Data Program Presented by Colorado Bioscience Association and Prime Health

The Health Data program held on April 27th was the second program offered jointly between Colorado BioScience Association (CBSA) and Prime Health.  It brought together a unique mix of individuals from the life sciences, the healthcare industry, and more to contemplate the transformation of healthcare through data.

“The Colorado Bioscience Association is pleased to be aligned with Prime Health on driving strategy on the transformation of healthcare through data and data analytics,” said April Giles, the President of CBSA. “Our joint partnership to launch an annual health data forum proved to be highly successful. By bringing together thought leadership on critical data considerations and highlighting Colorado’s expertise and aligned leadership, we can create a national model.”

Rather than taking the traditional “sit and listen” approach, roundtable discussions were led by key opinion leaders and featured a free exchange of ideas with the audience. The discussions took on complex topics such as the definition of value-based care and the role that data plays in this, as well as the identification of problems in Colorado that the deployment of data can help solve.  Other issues addressed at the summit included where to find data sets, how to merge, combine or make sense of disparate data, and the analytic data elements that healthcare needs to improve costs and care.

Reed Smith, Senior Vice President of CoBiz Insurance, outlined a number of the challenges in the “Healthcare Revolution” during his keynote speech. He made the point that we need to think of healthcare as a revolution, where the population is rising up in revolt against current practice, instead of an evolution, where there is a gradual development of something from a simple to a more complex form. His conclusion? Changing the business practice of healthcare from earning per share (EPS) to one of net promoter score (NPS) should be the focus to ultimately drive towards the triple aim of better outcomes, lower costs and patient satisfaction.

Overall, the day was positive for bringing people together.  Those who had been asking questions in isolation found a forum for asking the same questions in a community setting.  While not actionable, it was ground-breaking as the start of a continuing Colorado dialogue on the challenges and opportunities of leveraging health data as the prime strategy for improving our system.

How Prime Health Is Enhancing Collaboration Throughout the Digital Health Ecosystem

Erica Kuhl, the Vice President of Community at Salesforce, describes the benefits of collaborative platforms like Prime Health Collaborate.

DENVER – Prime Health launched a first-of-its-kind online collaborative platform, Prime Health Collaborate, last Monday at its monthly meetup. Developed in partnership with Salesforce, the platform will give members of the Colorado digital health ecosystem a means of continuing the collaborations that characterize Prime Health’s gatherings and events.

“Last year we held a strategic planning session to talk about what Prime Health could do to support the digital health community,” explained Jeffrey Nathanson, the President and CEO of Prime Health. “What we learned was that we needed a better way to collaborate and communicate across Colorado.”

According to Nathanson, the planning session inspired Prime Health to begin exploring options for a collaborative platform that would enhance its qualification process, Prime Health Qualify, while facilitating communication between the members of its community. At last Monday’s meetup, it became clear that Prime Health had found the perfect foundation for this collaborative platform in the Salesforce Community Cloud.

“It’s amazing what putting a platform like this in place can do for collaboration,” said Erica Kuhl, the Vice President of Community at Salesforce. “This is the future. It’s peer-to-peer. This is what people want. They want to talk to each other, ask questions and get quick answers from one another.”

According to Kuhl, the Salesforce Community Cloud currently has over 2 million members, with more than 130,000 of those members active on the platform each month. Most notably, “one hundred percent” of the thousands of questions that have been asked on the platform have been answered, turning the Community Cloud into what Kuhl described as “the de facto place for people to get their questions answered.”

Prime Health will use the platform to connect local digital health startups with healthcare organizations around the country by offering the startups opportunities to network, discussion forums for sharing knowledge and vetting ideas, and a listing in the platform’s Digital Health Directory. Prime Health also has plans to use the platform to collaborate with digital health ecosystems around the country, a possibility it will explore further at its 2016 Innovation Summit on May 16th.

Throughout last Monday’s meetup, the members of Prime Health were encouraged to sign up for the platform by filling out the “Get Involved” form on the organization’s homepage. The success of the platform was directly tied to the Colorado digital health ecosystem’s level of participation.

“This will only work if you are a part of it,” explained Emanuel Seewald of upsourceIT, which has partnered with Prime Health to implement the platform. “If you actively use this platform as a tool to collaborate, you might find a partner that will help you in the future, or you might be able to sell your product because a healthcare provider found you through the platform.”

 

Join over 40 thought leaders from Google, HCA, Florida Hospital, and more in collaborative discussions on integrating health innovation at the 2016 Prime Health Innovation Summit. Register today to make sure you don’t miss out on one of the largest gatherings of health and innovation leaders in Colorado’s history.

Everything You Need to Know About the 2016 Prime Health Innovation Summit

Are you considering attending the 2016 Prime Health Innovation Summit, but aren’t quite sure what to expect? Read on to learn why you don’t want to miss this hallmark event!

 

What is the goal of the 2016 Prime Health Innovation Summit?

This year’s summit will provide a forum for participants from digital health ecosystems around the nation to share ideas and discuss best practices in integrating health innovation. We’re bringing nationally recognized leaders like Joe Sowell, the Vice President of Corporate Development and Innovation Strategy at HCA, and Gary Loveman, the Executive Vice President at Anthem and the President of Healthagen, together with members of the digital health ecosystem to explore the integration of health innovations and their potential impact on the healthcare experience.

Achieving interoperability, providing quality care with good outcomes, ensuring patient and provider satisfaction, and managing chronic diseases are all top concerns for the healthcare system, which is why we’ve created a series of collaborative discussions that will address each of these concerns at the summit. While these discussions will be led by experts in the fields of healthcare and innovation, summit attendees will be able to participate as well, ensuring that everyone who is passionate about re-imagining healthcare is heard.

At Prime Health, we believe that the more we share with one another, the more we learn, the more we spark creativity, and the more we inspire the development of much-needed enhancements to our healthcare system. If you feel the same way, register for the 2016 Prime Health Innovation Summit today, and join the conversation on health innovation.

 

What are the benefits of attending the 2016 Prime Health Innovation Summit?

By attending the 2016 Prime Health Innovation Summit, you’ll be able to take part in collaborative discussions on relevant topics with thought leaders from across the nation. Interested in learning what kinds of innovation the healthcare system needs most? Ashley Simmons, the Director of Innovation at the Florida Hospital System, will be leading a conversation on this topic alongside Joe Sammen of the Colorado Coalition for the Medically Underserved and several others. Want to know more about building digital health care models? Adam Brickman of Omada Health, Matt Sopich of MyStrength, and many more will be holding a discussion on this topic that will be open to all participants. (Read the full agenda here.)

For newcomers to digital health, the keynote speeches and collaborative discussions at the 2016 Prime Health Innovation Summit will provide a solid understanding of how new technologies are transforming healthcare. Veterans to the field of health innovation will gain a deeper sense of the healthcare system’s current needs and how innovators are trying to meet those needs. And if you’re a digital health entrepreneur, you’ll have the opportunity to showcase your company at the summit’s expo, which is being held to give executives, clinicians, and investors the chance to learn more about the latest in health innovation.

During the 2016 Summit, we’ll also be sharing the initiatives that we’ve developed to streamline the adoption of digital health technology. We’ll be offering a public demonstration of Prime Health Qualify, a first-of-its-kind tool that will allow digital health companies to gain traction in the healthcare system by helping them demonstrate clinical efficacy. Prime Health Collaborate, an online collaborative platform built in partnership with Salesforce, will also be demoed at the summit to encourage members of other regional ecosystems to join our community of digital health innovators.

And we’ll be announcing the dates for our 2016 Digital Health Challenge!

 

Join the Health Innovation Movement

As an attendee of the 2016 Prime Health Innovation Summit, you’ll be able to engage in relevant discussions with thought leaders from major organizations like Google, MGMA, and Kaiser Permanente, ensuring that your voice is heard in the national conversation on digital health innovation. Register today to attend the summit, and join hundreds of digital health entrepreneurs, healthcare executives, clinicians, investors, and more in deciding the future of innovation in healthcare.

 

Interested in volunteering for the 2016 Prime Health Innovation Summit? Sign up here to become a summit volunteer.

2016 Prime Health Innovation Summit & Expo – May 16 & 17 AGENDA

Integrating Health Innovation: Connecting the Dots & Building Best Practices

May 16 – 17, 2016 // 7:00 a.m. – 5:30 p.m. // Colorado Convention Center, Denver, CO

Over 50 national health innovation thought leaders ready to discuss with attendees the greatest health innovation needs and best practices in integrating innovation into care models, patient satisfaction/engagement, enhancing value and interoperability. Tickets at Eventbrite

Monday, May 16th, Open Summit 

7:00 – 7:55 a.m. Registration & Networking

8:00 – 8:15 a.m. Welcome and Remarks: Jeffrey Nathanson, CEO, Prime Health

FORMAT: Every session is a discussion with an audience in the round outside the main table for further discussion

8:15 – 10:00 a.m. Morning Keynote/Roundtable Discussion – Introduction by Jake Rishavy, Director, Innovation and Entrepreneurship, DSEDP

8:15 – 8:45 a.m. Keynote: Uri Neren, CEO, Innovators International

8:45 – 10:00 a.m. Roundtable: The Market pain, our greatest needs for innovation

Moderator: Kay Cowling, Cowling Advisory Services

  • Amy Latham, Vice President of Philanthropy, Colorado Health Foundation
  • Ashley Simmons, Director of Innovation Development, Florida Hospital
  • Joe Sammen, Executive Director, Colorado Coalition for the Medically Underserved
  • Katie Richardson, MD, Director of Physician Experience, Colorado Permanente Medical Group
  • Matt Guy, Executive Director, Pueblo Triple Aim Coalition
  • Matt Hinchey, Founder, Mercer Health Innovation LABS, Mercer

10:00 – 10:30 a.m. Networking Break & Health Innovation Expo (day-long Expo)

10:30 a.m. – Noon Breakout Roundtables / Morning Tracks (4)

1) Building Care Models with Digital Health

  • Adam Brickman, Director Strategic Communications & Public Policy, Omada Health
  • Chris Khoury, Vice President, Environmental Analytics, American Medical Association
  • Jane Chiang, Senior Vice President for Medical Affairs, American Diabetes Association
  • Jayla Sanchez, Director, Area Agency on Aging
  • Matt Sopcich, President & Co-Founder, myStrength, Inc.
  • Richard Zane, Executive Director, Emergency Services, UC Denver

2) Patient Satisfaction/Engagement

Moderator: Margaret McGuckin, Principal, M. McGuckin Group

  • Brian Garcia, Senior Vice President, CPO/CTO, Welltok
  • Kevin Riddleberger, Chief Strategy Officer, Dispatch Health
  • Michael Dermer, President and CEO, The Dermer Group
  • Patrick Spear, CEO, Global Market Development Center
  • Tony Gorski, CEO, MyRounding
  • Yaniv Kanfi, President, iTriage/WellMatch

3) Quality=Value=Outcomes/cost

Moderator: Jim Greiner, Business Advisor, Consultant

  • Dick Thompson, Executive Director & CEO, Quality Health Network
  • Jay Want, MD, Chief Medical Officer, CIVHC
  • Joe Piper, Managing Director, Point B Capital
  • Kurt Brenkus, Founder and CEO, Aver Informatics
  • Tracey Campbell, Vice President, Strategy & Business Development, CIVHC

4) Interoperability

Moderator: Sumanth Channabasappa, Co-Founder & CTO, eyeBot, LLC

  • Carm Huntress, CEO, RxRevu
  • David Kibbe, President and CEO, Direct Trust
  • Ed Cantwell, Executive Director, Center for Medical Interoperability
  • Frank Ricotta, Managing Partner, BurstIQ
  • Heidi Dohse, Google
  • Sean Kennedy, Healthcare & Life Sciences Solution Architect, Salesforce Health Cloud
  • Stephen Konya, Senior Innovation Strategist, U.S. Department of Health and Human Services, Office of the National Coordinator for Health Information Technology (ONC) (tentative)

Noon – 1:30 p.m. Lunch & Keynote Speaker – Innovating and Integrating Health

  • Gary Loveman, Ph.D., Executive Vice President, Consumer Health & Services, Aetna, and President, Healthagen/Aetna Consumer Services
  • Christi Zuber, Founder, Innovation Consultancy, Kaiser Permanente

1:30 – 2:00 p.m. Networking Break & Health Innovation Expo

2:00 – 3:30 p.m. Breakout Roundtables / Afternoon Tracks (continuation of morning sessions)

1) Building Care Models with Digital Health

  • Fiji Goss, MD, CU Anschutz Medical Center
  • Jody Holtzman, Senior Vice President, Enterprise Strategy and Innovation, AARP
  • Peter Kung, System Vice President, Virtual Health, SCL Health
  • Steve Adams, CEO, Leo Technologies
  • Vic Ahmed, Co-Founder & Chairman, Kidz Fit Tech, Innovation Pavilion

2) Patient Satisfaction
3) Quality
4) Interoperability

3:30 – 4:00 p.m. Networking Break & Health Innovation Expo

4:00 – 5:30 p.m. Afternoon Keynote Roundtable – Healthcare Innovation

Moderator: Mike Biselli, President, Catalyst HTI

  • Derek Baird, Vice President, Growth, AVIA
  • Halee Fischer-Wright, MD, President and CEO, MGMA
  • Joe Sowell, Senior Vice President & Chief Development Officer, HCA
  • Peter Kung, System Vice President, Virtual Health, SCL Health
  • Renae Pemberton, ACO Program Director, Centura

5:00 – 8:00 p.m. Welcome/Networking Reception

 

Tuesday, May 17th, Invitation Only: Speed Dating & Executive Roundtables

7:00 – 8:00 a.m. Registration & Networking

8:00 – 8:30 a.m. Welcome and Remarks

8:30 – 9:30 a.m. Morning Keynote

9:30 – 12:00 p.m. Presentations/ Roundtable Discussions

Noon – 1:30 p.m. Lunch

1:30 – 3:00 p.m. Executive Roundtable Discussions – Building Innovation Ecosystems

  • Katya Hancock, Director of Strategic Partnerships, StartUp Health (New York, NY)
  • Mike Biselli, President, Catalyst HTI, (Denver, CO)
  • Mike Freeman, CEO, Innosphere (Fort Collins, CO)
  • Tom Base, Managing Director, Boomtown (Boulder, CO)
  • Tom Higley, CEO, 10.10.10 (Denver, CO)
  • Toma Bedolla, Co-Founder & CEO, House of Genius (Denver, CO)
  • Steve Collens, CEO, MATTER (Chicago, IL)
  • Vic Ahmed, Co-Founder & Chairman, Innovation Pavillion (Centennial, CO)

Speed Dating Schedule

Qualified, vetted and curated digital health companies from participating ecosystems and purchasers from healthcare organizations will gather for 15 minute speed dating segments to meet, greet and get to know one another for potential future discussions.

8:30 – 10:05 a.m. Speed Dating Sessions

10:05 – 10:30 a.m. Break

10:30 – 12:05 p.m. Speed Dating Sessions

12:05 – 1:30 p.m. Lunch

1:30 – 3:00 p.m. Speed Dating Sessions

3:00 – 5:00 p.m. VIP Reception

 

In partnership with Aetna, iTriage, Colorado Health Foundation, Ernst & Young, Kaiser Permanente, ViaWest

U.S. Rep. Diana DeGette Says 21st Century Cures Act Will Fuel Modern Health Research

A bipartisan bill to streamline regulation and provide $8.75 billion for health research will speed up much-needed innovation in the healthcare industry, U.S. Rep. Diana DeGette, D-Denver, said during a joint gathering of the 10.10.10 and Prime Health communities.

The 21st Century Cures Act takes aim at regulatory and research funding practices that made sense in the early part of the 20th Century, but which do not accommodate nimble research techniques and the use of large, multi-site data sets.

DeGette fielded questions from the audience of nearly 100 healthcare entrepreneurs and leaders meeting at INDUSTRY, a collaborative workspace in Denver’s blooming RiNo District. She had attracted a special convening of Prime Health, Colorado’s Digital Health ecosystem, and 10.10.10, the organization, which fosters focus on “wicked problems” such as the nation’s healthcare system. Most questions sought to discover how the bill might remove barriers that Colorado innovators encounter, such as lack of funding and arcane rules of government agencies such as the Center for Medicare and Medicaid Services.

DeGette said her 21st Century Cures Act, which she co-sponsored in the House with Republican Rep. Fred Upton of Michigan, was written after she and other members of the House Commerce Committee spent a year listening to the health research community. They heard about costly and time-consuming research review processes that discourage risk and complicate collaboration among different universities and research labs. They heard that funding favors research focused on single diseases and overlooks treatments that can be used across disease states. They learned it can cost $2 billion and ten years to bring a drug to market, much of that spent on late-stage trials that may be unnecessary.

She described a bill with many interconnected parts, not the least of which is a proposed infusion of $8.75 billion to fund “high-risk, high-reward” research that currently does not get funding under play-it-safe research funding rules. DeGette is hopeful of passage, despite the partisan atmosphere in Washington. She noted that the House passed the bill with 344 votes and that the Senate is fashioning its own complementary version of the legislation. Sen. Lamar Alexander, R-Tennessee, chairman of the Senate Health, Education, Labor and Pensions Committee, has said the bill stands a chance of becoming law in 2016, even thought it’s an election year.

DeGette said she was encouraged by the growing power of the digital health industry in Colorado. Before taking the microphone, she had heard Kimberly Gandy, MD, CEO of a digital health startup company, describe the support she received from Prime Health: mentors who helped her team hone their pilot proposal and their investor pitch and introduction to decision makers at health systems across the country. “What normally takes us a year to do, Prime Health put together in a month,” said Gandy, a pediatric heart surgeon who is leading Play-it Health, which has developed a personalized mobile software solution to simplify individuals’ health information and provide them with clear steps toward improving their health. Her company, currently headquartered in Kansas City, is looking to move to Denver to be closer to the digital health action, she said.

Also addressing the audience was Cheryl Kellond, a serial entrepreneur who participated in the 10.10.10 event focused on health earlier this year. She is putting together a “ninja team” to address the 3 percent of the population that accounts for 50 percent of healthcare costs.

Jeffrey Nathanson, CEO of Prime Health, said DeGette’s decision to explain her bill to the group is further evidence of the energy that is being amassed through Prime Health. “Prime Health has become a business ecosystem that is driving toward making Colorado the healthiest state in the nation and a hub for digital health innovation.”

Tom Higley, founder of 10.10.10, was pleased to see the progress being made in addressing problems outlined in his group’s February 2015 program on health issues. “Entrepreneurs today have more opportunities to deliver industry transforming innovations in health and healthcare than at any other time in human history. By engaging impact entrepreneurs, connecting them to health industry stakeholders and focusing their attention on wicked problems that can be addressed with market-based solutions, 10.10.10 acknowledges and embraces this historic moment. It was a privilege to co-host, with Prime Health, the Meetup featuring Congresswoman Diana DeGette as she outlined and discussed 21st Century Cures, the visionary legislation she co-sponsored that passed overwhelmingly in the House of Representatives.”

Colorado Digital Health Companies Impress Florida Hospital Executives During National Council of Presidents Meeting

Eight companies from Colorado’s digital health ecosystem presented their latest innovations to 250 Florida Hospital executives during the National Council of Presidents meeting in Orlando, Florida. The invitation-only competition drew healthcare executives from across the country to hear pitches from 23 health innovation companies.

Florida Hospital’s first ever Solution Company Presentations “shark tank” event was part of its biennial National Council of Presidents Conference, November 19th – 20th. The goal was to inspire the organization’s leaders, industry partners and community to help innovate care delivery models in areas focused around the Triple Aim – reducing cost, improving the consumer experience, increasing quality outcomes and enhancing patient relationships.

“Prime was asked to submit qualified ecosystem companies to help solve Florida Hospital’s key strategic challenges,” shared Jeffrey Nathanson, CEO of Prime Health. “Our team of 8 companies was quite impressive presenting their solutions. A constant question from fellow attendees: “What is going on in Colorado to have such innovative solution partners?”. I told them these companies were identified through our Value Integrator Model. We qualify, test and quantify value using these digital health products in the clinics and workflows of Colorado’s healthcare systems. We are pleased that Colorado’s digital health market leadership is being recognized.”

“We can’t solve today’s problems with yesterday’s thinking and we needed a faster pace method for introducing solutions to our executive leaders and providing a communication platform,” said Ashley Simmons, Director of Innovation Development at Florida Hospital. Many leads with the 23 companies who presented are already emerging within Florida Hospital toward next steps and potential partnerships. We look forward to reporting the number of engagements that come from this and more importantly, the impact on healthcare we make together.”

Ms. Simmons continued, “We were very impressed with the Prime Health companies who presented. These companies are in a ripe position to transform the future of healthcare with us.”

The eight Colorado digital health companies that presented were:

Founder and COO of My Rounding Solutions, David A. Marshall, stated, “We are very honored to be participants in the Florida Hospital National Council of Presidents as part of the Prime Health team, representing Colorado. MyRounding has continued to find tremendous value by being a part of the Prime Health ecosystem. The digital health community is thriving here in the state and we are proud to be working with Prime Health to extend that message and illustrate our success nationwide.”

“Telespine is very proud to be a Prime Health Partner in building the Colorado digital health ecosystem and representing Prime Health company innovation on the national stage at the Florida Hospital National Council of Presidents event,” said CEO, Mark Barnes. “The Florida Hospital system is obviously leading the charge through innovation and partnerships in creating true change for our country’s health and wellness. The event allowed us to highlight our core competencies in digital health in achieving the Triple Aim and also explore potential partnership opportunities with Florida Hospital.”

“We were thrilled to be part of the Colorado group of companies represented at the Florida Hospital National Council of Presidents,” said Carm Huntress, CEO, RxREVU, Inc. “It’s great to see the Colorado digital health ecosystem evolving to a point where it’s getting national recognition. This type of recognition continues to reinforce Prime Health and Colorado’s influence as being one of the best places to start and grow a digital health company. It has been a phenomenal home for us and we clearly recognize the impact its made on RxREVU’s growth and success.”

For more information, contact Leslie Reed at leslie@primehealthco.com.