How do Mid-size Health Systems get Funding for Investments That Will Spark Innovation?
May 20, 2022: How do mid-size health systems get funding for investments that will spark innovation? Joel Vengco, SVP and Chief Information & Digital Officer at Hartford HealthCare and Jeffrey Sturman, Senior VP & CIO at Memorial Healthcare System join us today to discuss. How do you narrow down your investment focus? What are the primary benefits of an innovator working with a health system? How does this funding stand up from a governance standpoint? What role do other health systems play in the investing process? How do you de-risk investments?
Key Points:
- What defines success for your innovation program?
- What if we created a channel, an environment, a platform where our internal and external collaborators could work with us to solve problems?
- What are some of the innovation opportunities that come out of venture capital relationships?
- Health systems are working together to de-risk some of the things that they’re doing