Session ID: 
319

Create Value for the Buyer and the Innovator to Support Emerging Technologies

10:45am - 11:45am Friday, March 13
Orlando - Orange County Convention Center
W207C

Description

This session will go into detail around the roles, resources and incentives to deal with common pitfalls that slow innovation within healthcare such as: executive alignment, end user/stakeholder support, return on investment and capital allocation, legal requirements, clear expectations of the innovator, and the need to commit resources upfront. The speakers will discuss the two requirements for any successful collaboration and innovation: (1) creating value for the buyer, while (2) simultaneously creating value for the innovator by addressing their top needs at the time (i.e., business model definition, maturing of the solution, case studies, and/or support for plans to scale beyond the health system.) This session will share examples of how they forged a successful partnership.

Learning Objectives

  • Assemble a multi-disciplinary team to define and operate a process for finding, evaluating and partnering with innovative companies
  • Create value for the buyer and the innovator
  • Align your legal team with the innovation process to minimize the pain for entrepreneurs
  • Assign resources to potential innovations early in the process for continuity and to ensure the rollout is efficient and fast upon contract execution

Speaker(s)

Chief Executive Officer,
Prepared Health
Senior Vice President, Jefferson Strategic Ventures,
Thomas Jefferson University Hospital

Continuing Education Credits

ABPM
1.00
ACHE
1.00
CAHIMS
1.00
CME
1.00
CNE
1.00
CPHIMS
1.00

Audience

CIO/CTO/CTIO/Senior IT
CEO, COO
Chief Quality, Chief Clin Transformation Officer

Level

Introductory