december 2011 delivering on the promise of connected, patient-centric care
TRANSCRIPT
December 2011
DELIVERING ON THE PROMISE OF CONNECTED, PATIENT-CENTRIC CARE
“Information is the lifeblood of modern medicine, and health information technology is destined to be its circulatory system.”
– David Blumenthal, Former National Coordinator for U.S. Health Information Technology
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Episodic, single-patient care
Provider-centric
Fee-for-service
Silos
Continuous population management
Patient-centric
Payment for value
Systems
MANAGING A SEISMIC SHIFT IN HEALTHCAREThe major shifts impacting healthcare require improved insights and flexibility
FROM TO
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COMMON VISIONWe share a common vision to create a more connected, more patient-centric healthcare system – and a common understanding that uniting forces will bring more value, more quickly
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BRINGING TOGETHER COMPLEMENTARY CAPABILITIES TO REALIZE OUR VISION
Capabilities in platformand ecosystem development
Capabilities in clinical and administrative workflow solutions
A joint venture that when launched will develop and market an open, interoperable technology
platform and innovative clinical applications
Our goal is to enable care teams to improve quality, performance and the patient experience through a focus on population health management
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THE INFORMATION IMPERATIVEBy integrating data across silos of care and delivering the right information to the right person at the right time, we can help to drive better care coordination and performance improvements
Data generationand capture
Data integration and transformation
Applications and decision-support
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BUILDING THE FOUNDATIONTo activate our vision, both GE Healthcare and Microsoft will contribute a substantial number of employees and significant intellectual property to the global venture
• Amalgaan enterprise health intelligence platform
• Vergencesingle sign-on and context management
• expreSSOan enterprise single sign-on solution
• Qualibriaa clinical knowledge application environment
• eHealtha health information exchange platform
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DELIVERING ON THE PROMISE:Open Platforms with Collaborative Healthcare Applications
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PROMISE OF NEWCO’S OFFERINGSThe new company’s offerings will deliver on the promise of healthcare information technology to improve patient, system and population outcomes
Empowering patients to become more involved in the care process
Providing clinicians with real-time insights to enable better decisions
Patient Outcomes
Seamlessly linking transitions across the continuum of care
Improving operational efficiency and financial performance
System Outcomes
Simplifying and optimizing the delivery of care across populations
Proactively managing chronic illness with preventative care
Population Outcomes
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Healthcare Data Sources
Consolidate
Create
Collaborate
Amalga data aggregation platform
Qualibria clinical element models
Joint software development toolkit
GEHealthcare
apps
Analytictools
3rd Partyhealthcare
apps
Integrated Care / IDNs / Hospital networks / Payors
Raw andDisparate Data
Transformed Data
Intelligence and Foresight
A GLIMPSE OF THE FUTUREOur goal is to create new value by delivering a healthcare performance management suite – an open, interoperable technology platform, combined with applications that drive new clinical and administrative insights, supported by a robust ecosystem of application developers
Health InformationExchange
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Disparate data sources
Amalga Platform
TAKING THE BEST OF AMALGAThe new company will utilize Microsoft Amalga’s ability to extract and enhance data from any system and enable new insights in real-time
Applications and users
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Addresses quality management by providing timely and actionable information
Enables clinicians to deliver the most appropriate and highest quality careto patients
Simplifies and optimizes the delivery of care across systems and populations
Allows providers and payers to manage costs and coordinate higher quality care for a community of patients
Connects multiple IT systems to create comprehensive view of a patient’s condition
Enables providers to reduce quality and safety errors during care transitions – one of the most challenging pointsof care
Applies algorithms against patient data to determine risk factors for readmission
Enables providersto focus on at-risk patients to avoid readmission – reducing system-wide costs
ADDING THE BEST OF GE HEALTHCARE’S eHEALTH and QUALIBRIAThe new company will also utilize healthcare delivery management applications from GE Healthcare’s eHealth and Qualibria solutions, such as:
Hospital Readmissions
Clinical Surveillance Dashboard
Population Health Management
Hospital Care Transitions
Health Information Exchange
Connects IT systems across a community to create a longitudinal medical record
Enables providers to make informed decisions based on a more comprehensive view of their patient
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NEWCO WILL BE A GLOBAL COMPANYWe will first focus on delivering against customer demands within countries we both serve today
Initial target countriesUS; Canada; Brazil; UK; Germany; Switzerland; Saudi Arabia; China (includes Taiwan and Hong Kong); Australia; New Zealand
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Amalga Qualibria
STARTING FROM A STRONG FOUNDATION The pedigree of our current Almaga customers, and our Qualibria application development partners, are a testament to the potential of our approach
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NEXT STEPS FOR NEWCO:Bringing the venture to life
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• Proposed NewCo announced
• Continued focus on serving existing customers
• NewCo formation
• NewCo platform– Extract and enhance
disparate data
• Initial joint applications– Pop. Health mgmt.– Clinical surveillance– Care transitions– Readmissions
• Next generation clinical applications
• Next generation patient engagement– Integrate new forms
of PHR, etc.
• 3rd party applications to improve user experience
• 3rd party services– Systems integration,
consulting, etc.
2011
Setting the Foundation Integrating Technology Expanding the Ecosystem
2012/13 2014 2015
NEWCO DEVELOPMENT PLAN
3rd-party application development
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NEWCO LEADERSHIPThe new leadership will help guide the strategic direction of the JV after launch
Michael Simpson currently serves as a Vice President and General Manager for GE Healthcare IT.
Michael SimpsonCEO
Current GE HCIT responsibilities• Lead product management, marketing,
engineering and service strategies for the clinical knowledge platform, Qualibria
• Manage GE’s partnerships with Intermountain Healthcare and the Mayo Clinic
Prior experience• Senior Vice President of Product Strategy and
Development at QuadraMed• Multiple executive roles at McKesson Corp.,
including Senior Vice President and Chief Technology Officer
• General Manager at Unisys Corporation• 10 years at Novell Corporation as Vice President
and General Manager responsible for Novell’s enterprise platform business and Novell India
• Bachelor of Science degree in Management from the University of Phoenix
• Masters degree in design engineering technology from Brigham Young University