mhealth israel_cleveland clinic_mark stovsky_medicine: anytime, anywhere
TRANSCRIPT
“Bringing world class innovations to market by bridging
discoveries into commercial products.”
MEDICINE:ANYTIME ANYWHERE
mHealth IsraelJune 29, 2015
Tom SudowDirector , Business Development
Mark Stovsky, M.D. Science and Technology Innovations Officer
Disclosures• Mark Stovsky, MD
- Cleveland Diagnostics, Inc. - Advanced Decision Modeling, LLC- Advanced Urology Products, LLC- Advanced Medical Devices, Inc.- Science Analytic Advisors, LLC- ForTecLitho, LLC
• Tom Sudow- Appearance at mHealth funded by SCI
• Cleveland Clinic Innovations- Partner in eHealth Ventures
Since 1921A Unique Model of Care
Since 1921A Unique Model of Care
• Four doctors share a vision- Non-profit, physician-led
group practice
- Collaboration across disciplines
- All physicians are salaried
- Patient-centered mission
FRANK E. BUNTS, MD
JOHN PHILLIPS, MD
GEORGE CRILE SR., MD
WILLIAM E. LOWER, MD
• 6.5M Patient Visits
• 43,430 Employee Caregivers
• 27 Institutes providing care in 120 subspecialties
• Locations• Main Campus• 8 Community Hospitals • 16 Family Health Centers in NE Ohio• Facilities in Florida, Nevada, Toronto & Abu
Dhabi
• EMR Leader – My Chart
• Top 4 Hospital by U.S. News & World Report
Cleveland Clinic
Cleveland Clinic Innovations
We promote innovation and expand treatment of the sick through the deployment of technologies developed by Cleveland Clinic and our Healthcare Innovations Alliance Partners.
Through commercialization, we translate emerging diagnostics, therapies, devices, health IT and business solutions into beneficial medical products through spin-off companies, licenses and equity partnerships.
Innovations ScorecardInnovations Scorecard
• 2,850 Patent Applications• 450 Royalty Licenses• 75 Spin-Offs• $833M in Equity Investments• $70M to Inventors• $168M in State & Federal
Grants• 1,200 Jobs Created• World-Wide Recognition
Macro Drivers in a Changing Environment• Demographic/Clinical Trends
− A rapidly aging population;need for long term chronic disease management
− Preventable Diseases− Our bodies out living our brains
• Healthcare Reform− Payors taking action to reduce reimbursements,
placing increasing pressure on hospitals to manage costs
− Beyond the Hospital a continuum of care
• Regulatory Environment− FDA uncertainty; longer, more expensive approval
cycles
• Private Financing Trends− Venture financing availability severely limited− Early stage funding challenging
The New World in Healthcare DeliveryVolume-Based Value-Based
Payment Fee-for-Service Outcome Based
Incentives Volume Value
Focus Acute Episodes Populations
Role of Provider Single Episodes Care Continuum
Information Retrospective Predictive
New Economics Drive New NeedsNew Needs Drive New Innovation
ClevelandClinic
HHFairview Hospital
Lakewood Hospital
HH
Lutheran Hospital
HH
Ashtabula County Medical Center
HH
Euclid Hospital
HH
Hillcrest Hospital
HH
South PointeHospital
HH
Marymount Hospital
HH
ClevelandClinic
Florida
HHMedinaHospital
HHLorain Family HealthAnd Surgery Center
FHCFHC
Elyria FamilyHealth Center
Westlake FamilyHealth Center
FHCFHC
FHCFHC LakewoodFamily Health
Center
FHCFHC
Strongsville Family Health and Surgery Center
FHCFHC
Brunswick FamilyHealth Center
FHCFHCWooster FamilyHealth Center
FHCFHC
Independence FamilyHealth Center
FHCFHC Solon FamilyHealth Center
FHCFHC
Chagrin Falls FamilyHealth Center
FHCFHC
Beachwood FamilyHealth and Surgery Center
FHCFHC
Willoughby HillsFamily Health Center
FHCFHC
FHCFHC
R.E. JacobsHealth Center
Lou Ruvo Centerfor Brain Health
Las Vegas, Nevada
FHCFHC
ClevelandClinic
Toronto
FHCFHC
S.T.J. Health Center
HC HC
Twinsburg FamilyHealth Center
FHCFHC
Serving 6.4M PatientsAcross a Broad SystemServing 6.4M PatientsAcross a Broad System
Care System
Cleveland Clinic Integrated Care ModelCleveland Clinic Integrated Care Model
Retail Venues Home
CC ClinicCommunity- Based
Organizations
Ambulatory D&TIndependent Physician
Offices
Hospitals
Rehab
Skilled Nursing Facilities
MyChart
EmergencyPost-Acute(other)
MyPractice:Electronic Medical
Record System
MyPractice:Electronic Medical
Record System
Dr.Connect:Improved
Communication; Improved Care
MyPractice:●
Community
eHealth Services
VirtualVisit:Patient/Physician
Interaction Globally
MyConsult:Your First Choice for
a Second Opinion
MyChart:Your Personal Health
Connection
MyMonitoring:Ongoing Condition
Reporting from Home
Providers Patients
MyPractice●
Hospital
Expand access to healthcare with 24-hour MyCare Online
Expand access to healthcare with 24-hour MyCare Online
Explorys, an IBM Company
Unlocking the power of BIG DATA to improve healthcare for everyone
Explorys, an IBM Company
Unlocking the power of BIG DATA to improve healthcare for everyone
mHealth InnovationmHealth Innovation
• Meaningful and useable information in a format that can enhance the care process ACTIONABLE INFORMATION
• Patient Involvement “The Patient will see you Now”
• Wellness• Population Management• Process and Proceedure
2015 Medical Innovation Summit2015 Medical Innovation Summit
Register Today!Visit – www.ClevelandClinic.org/summitPhone – (216) 445-5004Email – [email protected]
“The future belongs to those who seize the opportunities created by innovation."
Delos M. Cosgrove, MD CEO & PresidentCleveland Clinic