Más contenido relacionado Más de Damo Consulting Inc. (20) IIT Bay Area Leadership Conference Presentation June 9, 20181. © Damo Consulting 2018
Innovations in Healthcare
Paddy Padmanabhan
paddy@damoconsulting.net
@paddypadmanabha
IIT Bay Area Leadership Conference | June 9,
2018
3. © Damo Consulting 2018
Healthcare trends driving innovation
Healthcare
Reform & shift to
value-based care
Emerging data
sources : IoT,
genomics, social
determinants
Shift towards
outpatient and
home-based care
Population health
management
Emerging
Technologies: AI,
blockchain, AR/VR
@paddypadmanabha 3
Rising healthcare
consumerism
5. © Damo Consulting 2018
Where is all the money going ?
@paddypadmanabha
On average, $5.2 billion was invested in the U.S. Health IT market in each of the last 5 years.
─ Healthcare Growth Partners, Jan 2018
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6. © Damo Consulting 2018
Innovation funds: how providers are supporting innovation
UPMC enterprises corpus: $120M
annually (a part of the UPMC R&D
budget - less than 1% of UPMC
revenue).
Partners Healthcare fund: $171.1
million to develop new technologies in
the laboratories of Partners HealthCare
system.
Mayo Clinic venture innovation fund:
4% of Mayo Clinic Ventures net
licensing income with a focus on early
stage and concept technologies.
Intermountain innovation fund: $35
million fund (launched in 2015 and
managed by Healthbox, a partner for
innovation and entrepreneurship in
healthcare).
Optum venture fund: $250 million
(launched in November 2017 to invest
healthcare data and insights
companies.
@paddypadmanabha 6
7. © Damo Consulting 2018
Non-traditional market partnerships driving innovation
Humana, MultiPlan,
Optum, Quest Diagnostics
and
UnitedHealthcare partner
to launch a blockchain
driven pilot program
JPM, Amazon, and Berkshire
form joint venture to focus on
using big data, virtual
technology, better customer
engagement and more
consumer choice to address
critical healthcare problems
and issues.
@paddypadmanabha 7
8. © Damo Consulting 2018
Innovation ecosystem*
*From The Big Unlock: Harnessing data and growing digital health businesses in a value-based care era
@paddypadmanabha
The custodians
We have the data and
the workflow
The enablers
We built it, you can
rent it
The arbitrageurs
We can do it for you
(and for less)
The innovators
We have a whole
new way of doing it
Healthcare
Enterprises
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We specialize in thought-leadership led brand transformation
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https://www.cio.com/blog/healthcare-technology-trends/