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Practical Healthcare Innovation  (and the rapid development and implementation of an Innovation Center) Julie Reisetter, VP, Innovation.

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Presentation on theme: "Practical Healthcare Innovation  (and the rapid development and implementation of an Innovation Center) Julie Reisetter, VP, Innovation."— Presentation transcript:

1 Practical Healthcare Innovation  (and the rapid development and implementation of an Innovation Center) Julie Reisetter, VP, Innovation

2 UCHealth CARE Innovation Center (est. 2016)
Bring together experts in clinical care delivery, informatics, analytics and implementation science to partner with industry to create innovative solutions to modern healthcare challenges Hub for developing, testing, and implementing healthcare innovations Springboard for launching process improvements and products, and bringing them to market in order to improve healthcare delivery What’s the vision Dr. Richard Zane Chief Innovation Officer Co-Founder, CARE Innovation Center Steve Hess Chief Information Officer Dr. Jennifer Wiler Executive Director and Co-Founder, CARE Innovation Center Julie Reisetter, MS, RN VP, Innovation

3 UCHealth Innovation Portfolio
Take inventory of your strengths Co-develop and/or test care innovations Clinical validation Evaluate scientific/market potential Consumer and clinician usability assessment Subject Matter Experts, technical, business, research, capital resources EPIC implementation across entire enterprise Startup company mentorship Entrepreneur in Residence Take Inventory of your strengths Oh, and those gaps…

4 Frequently encountered challenges to digital health partnerships
Limited access to Subject Matter Experts (SMEs) and care teams Lack of dedicated Project Management staff Lack of institutional clinical capacity for additional responsibilities Lack of access to broader patient populations Lack of institutional support for more than pilots Tick-tock, tick-tock… Check the challenges off the list Develop a strategy and focus

5 What would make us attractive for partnerships?
World Class Living Laboratory Rapid adoption Denver Ranked #1 Best Place to Live Product development and testing “shoulder to shoulder” with clinicians Colorado Digital Health Boom Connect with the innovators in your community and beyond

6 High Priority Focus Areas
Develop a strategy and focus Wayfinding Wearable devices Virtual Reality Condition-specific digital therapies Conversational AI Virtual Care Data science embedded in IT systems Remote surveillance Simplifying the external patient story EHR embedded pathways

7 Sourcing Opportunities Vetting Ideas and Opportunities
Put a process and structure in place High Level Partnership Process Sourcing Opportunities Vetting Ideas and Opportunities Iterate and Implement Clinically Validate Evaluate Scale

8 Innovation Advisory Council
Company provided feedback and dismissed Find the innovators and cultivate the ecosystem COMPANY PITCH Solves a high priority problem Leadership team strength Technical fit Co-Development opportunity Resource requirement Jen Potential Partner Move to Collaboration Assessment YES Diligence -> terms negotiation -> Innovation Steering Committee

9 CARE Innovation Portfolio
Over 260 local, national and international companies have sought partnerships with UCHealth Only the most promising technologies, developed by motivated teams committed to our vision of health innovation, make it through our pipeline. That means saying no – a lot! Measure it!

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13 Takeaways What’s the vision
Take inventory of your organizational strengths (and how will you address the gaps) Develop a strategy and focus Connect with the innovators within your organization, your community and beyond to cultivate the ecosystem Put a process and structure in place for advising and decision-making Measure it Check the typical challenges off the list Be fearless in the pursuit!

14 Be fearless in the pursuit
“Never innovate to compete, innovate to change the rules of the game.”  David O. Adeife


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