The Capital Network: Deep Dives: Working with Hospitals - LSFT2016
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Innovation The Capital Network: Working with Hospitals February 25, 2016 Troy Keyser, MA Brian Mullen, PhD
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Transcript of The Capital Network: Deep Dives: Working with Hospitals - LSFT2016
Innovation
The Capital Network:
Working with Hospitals
February 25, 2016
Troy Keyser, MA
Brian Mullen, PhD
Innovation
Agenda
Introductions
Partners HealthCare System
Partners Innovation
Brigham and Women’s Hospital
Brigham Innovation Hub (iHub)
Room survey
What we wish you knew
Your questions
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Innovation
Introduction
Troy Keyser, MA
HIT Program Manager
Partners Healthcare Innovation
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Innovation
Partners HealthCare System
The PHS network includes 10 hospitals (including community and specialty
hospitals) in addition to a physician network, home care agency, community
health centers, a managed care organization, long-term care services, other
health-related entities and an academic institute:
Partners HealthCare
System is an integrated
health care network
founded by Brigham and
Women’s Hospital and
Massachusetts General
Hospital in 1994.
BWH MGH
Innovation
Partners HealthCare System by the Numbers
60,600employees physicians
6,500nurses
8,300
$10Brevenue
1.5Mpatients served annually
500,000lives at risk
3,050active principal
investigators
CLINICAL
RESEARCH
$1.5Bresearch revenue
Innovation
Partners Innovation
Group of 70 (made up of PhDs, JDs, MBAs) that:
Engages industry, i.e., collaboration, sponsorship,
commercialization of inventions, etc.
Evaluates inventions through a disclosure process
(required of medical/professional staff/employees)
Collaborates on appropriate IP protection
Valuation/Protection of IP
Develops commercial strategies
Licensing/Collaboration/Asset Transfer Terms
Negotiations and associated transactions
Innovation
Introduction
Brian Mullen, PhD
Innovation Strategy Manager
Brigham Innovation Hub
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BWH Overview
Brigham and Women’s Hospital is a scientific, clinical
and academic powerhouse with world renowned
faculty and a long history of medical firsts
• Consistently rated one of top healthcare institutions in US• Teaching hospital affiliated with Harvard Medical School • Multiple specialty areas ranked in top 5 nationally: Gynecology,
Cancer, Cardiology/Heart Surgery, Nephrology and Rheumatology
• One of top 2 NIH funded hospitals in country• Numerous internationally acclaimed clinicians & leaders• Partners Healthcare: One of top 10 most innovative companies
in 2014
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Expanding a Tradition of Innovation
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Clinical & Scientific Pioneer
World-renowned faculty and a long history of
medical firsts.
Born out of the President’s Fund
Hospital leadership recognized the need for a program to break down
these barriers.
Untapped Innovation Potential
A 2013 survey showed critical barriers, in order of impact:
1. Clarity on Next Steps2. Funding3. Time
Brigham Innovation Hub
VISION:Disrupt traditional medicine and reinvent healthcare by unleashing knowledge and expertise of BWH clinicians and staff.
MISSION:Foster innovation at BWH at all stages of development and transform ideas from creation to dissemination.
GOAL:Support innovators where they are, regardless of experience or idea stage.
What Makes iHub Programs Different
iHub Other Programs
Innovation
Room survey
What industry sector are you in?
IT / Enterprise
Device / Medtech
App / Digital Health
What are you looking to do with a hospital?
Approaching / Connect
Advice / Vetting innovation and ID Clinical Champion
Piloting
Clinical Trial
Larger system or hospital sell
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Innovation
What we wish you knew
We are here to help and we want to do this
General sales process
Clinical Champion
Demonstrate value (data) – pilot
The “so what?” question
Next level budget
Our challenges - Risk
Patient safety
Security
Legal – BAA, SOW, MSU, etc.
Cost/ Resources
A lot of new innovations – who has value?
Activation energy & switching costs
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Innovation14
Brian Mullen, PhD
Innovation Strategy Manager
Brigham Innovation Hub
Troy Keyser, MA
HIT Program Manager
Partners Healthcare Innovation
