mHealth Israel_Cleveland Clinic_Mark Stovsky_Medicine: Anytime, Anywhere
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"Medicine: Anytime, Anywhere": Presentation by Dr. Mark Stovsky, Science and Technology Innovations Officer, Cleveland Clinic, at the the mHealth Israel Investors Summit, June 29, 2015
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mHealth Israel_Cleveland Clinic_Mark Stovsky_Medicine: Anytime, Anywhere
- 1. “Bringing world class innovations to market by bridging discoveries into commercial products.” MEDICINE: ANYTIME ANYWHERE mHealth Israel June 29, 2015 Tom Sudow Director , Business Development Mark Stovsky, M.D. Science and Technology Innovations Officer
- 2. 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
- 3. Since 1921 A 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
- 4. • 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
- 5. 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.
- 6. Innovations 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
- 7. 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
- 8. The New World in Healthcare Delivery Volume-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 Needs New Needs Drive New Innovation
- 9. Cleveland Clinic H Fairview Hospital Lakewood Hospital H Lutheran Hospital H Ashtabula County Medical Center H Euclid Hospital H Hillcrest Hospital H South Pointe Hospital H Marymount Hospital H Cleveland Clinic Florida H Medina Hospital H Lorain Family Health And Surgery Center FHC Elyria Family Health Center Westlake Family Health Center FHC FHC Lakewood Family Health Center FHC Strongsville Family Health and Surgery Center FHC Brunswick Family Health Center FHC Wooster Family Health Center FHC Independence Family Health Center FHC Solon Family Health Center FHC Chagrin Falls Family Health Center FHC Beachwood Family Health and Surgery Center FHC Willoughby Hills Family Health Center FHC FHC R.E. Jacobs Health Center Lou Ruvo Center for Brain Health Las Vegas, Nevada FHC Cleveland Clinic Toronto FHC S.T.J. Health Center HC Twinsburg Family Health Center FHC Serving 6.4M Patients Across a Broad System
- 10. Care System Cleveland Clinic Integrated Care Model Retail Venues Home CC Clinic Community- Based Organizations Ambulatory D&TIndependent Physician Offices Hospitals Rehab Skilled Nursing Facilities MyChart EmergencyPost-Acute (other)
- 11. 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
- 12. Healthspot
- 13. Expand access to healthcare with 24-hour MyCare Online
- 14. MyConsult
- 15. Explorys, an IBM Company Unlocking the power of BIG DATA to improve healthcare for everyone
- 16. mHealth 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
- 17. 2015 Medical Innovation Summit Register Today! Visit – www.ClevelandClinic.org/summit Phone – (216) 445-5004 Email – MIS2015@ccf.org
- 18. “The future belongs to those who seize the opportunities created by innovation." Delos M. Cosgrove, MD CEO & President Cleveland Clinic