Presentation "7 Ideas in 7 Minutes" with Jason Bhan, MD, EVP, CMO, Co-Founder
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Transcript of Presentation "7 Ideas in 7 Minutes" with Jason Bhan, MD, EVP, CMO, Co-Founder
MEDIVO INC. - CONFIDENTIAL AND PROPRIETARY, NOT INTENDED FOR FURTHER DISTRIBUTION. All Rights Reserved.MEDIVO INC. - CONFIDENTIAL AND PROPRIETARY, NOT INTENDED FOR FURTHER DISTRIBUTION. All Rights Reserved.
7 Innovations in 7 MinutesIt’s All About the Data
Jason Bhan, MDCo-Founder and Chief Medical Officer, Medivo
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Re-Think EHR Acquisition (Collect the Data)
Traditional Process● High initial cost● Intense IT setup● Policies, processes, and
procedures● Deployment success
varies
Novel Approach● Partner with a larger
institution● Benefit from established
IT infrastructure and processes
● Experienced in successful deploymentExample: Epic
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Traditional Process● HL7 translations● CCD/CCR● Silos between systems
and regions● Acquisitions and
integrations
Novel Approach● Find a Partner● Share your troubles● Implement a solution● Save $$$
Interoperability and Data Sharing
Example: Big Pharma
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Traditional Process● Maintain in-house
hardware and infrastructure
● High cost environments● Off-site backup facilities
Novel Approach● HIPAA compliant cloud
based infrastructure● Lower costs● Break up processes
Data and Application Storage
Example: CLEARData
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Traditional Process● Chart Reviews● Nurse Manager phone
calls● ICD-9 and Rx outcomes
analysis
New Approach● Passive data collection● Predictive analytics● Nurse manager alerts
Real Time Disease Management
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Example: Ginger.io, Vheda Health
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Population Health Management
Traditional Process● Hospital/System CME● Hospital/System Patient
Education● MCO disease
management programs
New Approach● 3rd party collects and
analyses data● 3rd party reports
outcomes● 3rd party works with
hospital/system and implements programsExample: Crimson, Explorys, Health Catalyst, Lumeris,
Optum-Humedica, Phytel, Premiere
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Data Analytics
Traditional Process● Chart reviews● Clinical pathways● Nurse evaluations
New Approach● Data sharing● Predictive analytics● Early warnings and
alerts
Example: LuminaCare, Arpeggi
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Creating New Value from Data
Traditional Process● Reduce costs● Improve outcomes● Educate patients and
providers
New Approach● Anonymize/De-Identify
data● Aggregate with 3rd party● Create value for smaller
data sets
Example: Medivo, Humedica, IMS, Pharma
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