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Transcript of ViTALeconomy.com ©2006 ViTAL Economy, Inc. Healthcare COI Milestone Meeting #1 John A. Logan...
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COIMilestone Meeting #1
John A. Logan CollegeJuly 12, 2006
1:30-4:30 PM
Building a Collaborative Regional Economic Strategy Enabled By Broadband Connectivity
Leading With Healthcare
CONNECT SI
Frank Knott, PresidentViTAL Economy, Inc.
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Agenda - Healthcare COI Milestone #1 Meeting
0.00 - Welcome & Introductions of Participants
0:15 - Overview of Connect SI Initiative ……………………………..Slides 3-10
0:45 - Role & Definition of Healthcare COI…………………………..Slides 11-16
1:15 - Break
1:30 - Healthcare COI Implementation Plan…………………………..Slides 18-22
2:00 - Begin Milestone Meeting #1 Work Plan………………………..Slides 22-31
2:45 - COI Call to Action………………………………………………Slides 32-33
3:00 -Adjourn Milestone Meeting
*Addendum - VE Process Slides………………………………………Slides 34-43
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Connect SI Region130 Miles East-West
100 Miles North
to South
Population=423,670
Workforce=195,429
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Connect SI: Strategic Goals
• Create a broadband enabled 20-county economic strategy
• Build network provider, CED and health COI’s for regional economy
• Communicate enabling economic role of connectivity to region
• Benchmark impact of healthcare on regional economy
• Develop connectivity business case for at least 3 Tele-health apps
• Create GIS broadband demand aggregation map and peering solution
• Build strategies to improve employee retention & raise wages in SI
• Establish long-term regional framework to sustain initiative
• Implement a successful collaborative funding strategy
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Greater Egypt COI Strategy
Southeastern COI Strategy
Southern Five COI Strategy
Greater Wabash COI Strategy
Connect SIRegional CED COIStrategy
Phase 1 Outcomes
GIS Asset Maps
Broadband Strategy
Economic Benchmarks
Regional Economic Strategy
Healthcare Strategy
Regional EconomicFramework
Five-Year Measurable Goals
Implementation &Funding Plan
Phase 2
Connect SI 20-County Phase 1 Roadmap “Led By Connect SI Core Leadership Team”
GIS Mapping Team Supports COI’s
HealthcareProviders
COI Strategy
Network Providers
COI Strategy
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
CONNECT SI Draft Rollout Plan Overview
Getting Started and Organized Feb 2006 -----> May 2006
Phase 1 Investor Recruitment Feb 2006 --------------------------------------------------> Jun 2007
Phase 1 COI Recruitment Feb 2006 ------------------------> Dec 2006
GIS Initiative Mar 2006 ---------------------------------------------> Jun 2007
Healthcare COI Jul 2006 ------> Mar 2007
Connectivity Provider COI Jun 2006 -----------------> Apr 2007
CED COI - Five Milestone Mtgs
- Greater Egypt Region Jun 2006 -----------------> Apr 2007
- Southeastern Region Jul 2006 -----------------> May 2007
- Southern Five Region Sep 2006 -----------> Jun 2007
-Greater Wabash Region Oct 2006--------->Jul 2007
COI Input to Regional Strategy Mar 2006 ---------------------------------------------------> Aug 2007
Build SI Regional Strategy Jun 2006------------------------------> Aug 2007
Phase 2 Implementation Plan Approved --------------------------------------------------------------> Sep 2007
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Why the Priority Focus on Healthcare?
Largest and fastest growing industry of the regional economy
Supplies a growing number of higher wage knowledge based jobs
Key quality of life attraction component for future work and workers
Issues of access to services impacts economic attractiveness of regional economy
Economic benchmarking of healthcare industry impact on regional economy can
assist industry leaders in connecting issues of healthcare policy and regulation to
regions economic growth and prosperity
Broadband connectivity can facilitate regions ability to address healthcare issues of
Access to remote resources, limited specialty services & shared information
Critical skills shortage and workforce development
Improved patient and community health outcomes and education
Lost healthcare revenues to Indiana, Missouri and Kentucky
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Connect SI Potential Outcomes, VE Sees As Possible,If Measurable Goals are Set and Acted Upon
Connect SI Possible Five-Year Measurable Outcome Goals:
• Create 10,000 new jobs paying $43,500/year plus health benefits=$435 million/year
• Raise average wage by $3,400/year for regions workforce=$571.6 million/year
• Reduce region poverty rate to state average of 10.7% from 16.4% affects 22,000
• Reverse health service revenue migration to increase revenues by $100 million/year
• Reduce regions real unemployment rate to state average=6.1%
• Increase broadband penetration rates by 50% to finance ubiquitous broadband access
Projected Five-Year Measurable Outcome Goals versus ViTAL Economy Client History:
• Job creation goal is 40% of average client experience for comparable employment base
• Average wage goal is 52% of average client community experience
• Annual wage creation is 42% of average client community experience
• Healthcare revenue creation goals are 20% of average client community experience
• Unemployment rate goal is 50% of average client community experience
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Collaborative Investment Builds Regional Ownership of Strategy
Healthcare Providers Invest 2006/07 @ $100,000/Year = $200,000 over 2 years
Connectivity Providers Invest 2006/07 @ $100,000/year = $200,000 over 2 years
Reg’l Communities invest 2006/07 @ $100,000/Year = $200,000 over 2 years
Corporations/Foundations invest 2006/07 @ $100,000/Year = $200,000 over 2 years
State/Federal Governments invest 2006/2007 @ $100,000/Year = $200,000 over 2 years
ViTAL Economy Recommended Funding Model
HealthcareNetwork ProviderReg'l CommunitiesFoundationsState/Federal
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
What is Going To Make Your Investment of Time, Talent and Treasure in the Healthcare COI and Connect SI Worthwhile?
Your ideas…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
The Healthcare Community of Interest (COI)
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Role of the Healthcare Community of Interest?
• Champion a collaborative Southern Illinois healthcare marketplace
• Map patient to provider value-chain elements of the region’s healthcare industry
• Prioritize solutions to critical skills shortage and link to workforce development
• Identify health services & patient outcomes that will benefit from e-health network
• Create regional strategy for improved healthcare access, outcomes and revenues
• Develop the business cases for sustainable shared-use of e-health networks
• Collaborate with other COI’s to identify who else benefits from shared access
• Assess and quantify the impact and import of healthcare on the regional economy
• Improve through healthcare the attractiveness of SI for work and workers
• Link the COI strategy to Connect SI strategy for regional economic transformation
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Creating a Integrated Southern Illinois Healthcare Marketplace Requires Regional Collaboration
Union
Williamson
Alexander Hardin
Hamilton
Johnson
White
Saline
Randolph
Jackson
PulaskiPerry
Massac Pope
Jefferson
Gallatin
FranklinWayne
Wabash
Edwards
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
What is a Healthcare Community of Interest
Acute Care Hospitals
Nursing Homes & Assisted Living
Centers
Life Care Communities
Mental Health Professionals
Medicare and Medicaid
3rd party Payers
Managed Care Providers
Patients at Home & On the Go
Prisons, Jails, Homeland Security
Primary Care Givers
Mental Health Providers
Community & School-Health Clinics
Dentists and School of Dentistry
Employers
Health profession education centers
Clinics, Pharmacies, Laboratories
GP and Specialized Physicians
Primary & Tertiary Care Specialists
Schools of Medicine, Nursing, etc
State and Federal Regulators
Public Health Service Providers
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
What Are The Regional and Healthcare Industry Challenges to Collaboration?
Your thoughts and strategies to address these challenges…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Examples of Economic Regions With Effective Broadband Enabled Collaborative Healthcare Strategies
Western New York
Maryland
North Carolina
Olympic Peninsula of Washington State
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Break
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI Implementation Plan
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI Implementation
1 - Organize COI, Issue ID, Priorities & Goal Setting Jul - Sep 2006
2 - Map COI Value Chain, Conduct Gap Analysis, Oct - Dec 2006 Quantify Economic Impact
3 - ID & Quantify Connectivity Implications Jan - Feb 2007 for Healthcare Providers and Patients
4 - Prioritize & Define 3 Tele-Health Apps Mar - Apr 2007 & Value Propositions
5- Develop Economic/jobs strategy & Connect COI Strategy May 2007 to Region Strategy
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI Work Plan Prior To October 2006-1
1. Establish a leadership team to manage the work of the healthcare COI
2. Develop a champion and investor recruitment plan to sustain Connect SI
3. Identify healthcare industry research reports for Connect SI team
4. Clarify how Connect SI could help accelerate/benefit existing initiatives
5. Define what will enable and sustain regional collaboration versus competition
6. Clarify how the sub-regional input & involvement can be maximized by COI
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI Work Plan Prior To October 2006-2
7. Establish strategies that will address challenges to regional collaboration
8. Complete, and prioritize issues of challenge and opportunity
9. Prioritize definition of measurable goals for COI
10. Select the issue that creates the greatest sense of urgency for the COI
11. Focus on collaborations that can result in short term wins linked to process
12. Define what makes your investment of time, talent and treasure worthwhile…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI, Connect SI and SIU’s Proposed Virtual School of Rural Public Health
• SIU invitation to COI for advisory role to SIU
• July 13 initial advisory board meeting
• Your view on how SI could benefit from this concept Region…
• Indications of interest in COI advisory role to SIU…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Issues of Challenge and Opportunity
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
The Value Linkage Process Start With Issues of Challenge and Opportunity
Reap Rewards andAddress More Issues
What will bring people together to address these issues?
Issues
How will the participants
benefit?
What are the benefits of
collaborating?
What is the business
case?
What solutions
and services
are needed to address
these issues?
How will the solutions and
services be implemented?
How will results be measured?
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Identify Critical Healthcare Issues of Challenge that a
Shared Use e-Health Network Could Help Address?
Your ideas…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Identify Critical Healthcare Issues of Opportunity that a
Shared Use e-Health Network Could Help Address?
Your ideas…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Setting Measurable Goals
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
VE’s Essential Guiding Principle“If You Cannot Measure It, You Cannot Manage It!”
Vision and/or Mission Must Be Achievable, Believable and Transforming
Benchmarks For Where We Are Today Must Be Established
Measurement of Accomplishments Between Benchmark and Vision Is Critical
Goals Must Enable The Realization of the Mission and Be Measurable
Strategies Enable Measurable Accomplishment of a Specific Goal
Action Plans Are Measurable Implementations of a Strategy
All Actions Are Measured and Related Back to the Intended Goal, Strategy and Vision
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Attaining Outcomes, Requires Setting Measurable Goals
• What Healthcare COI goals are important to you and why….
•
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Successful Regions Use TheEight Steps for Managing Change
Establish a Sense of Urgency
Form Powerful Guiding Coalitions
Create a Vision
Communicate the Vision
Empower Others to Act on the Vision
Plan for, Create, and Communicate Short Term Wins
Consolidate improvements and Produce More Change
Institutionalize New ApproachesSource: Harvard Business School
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
What Will Establish A Sense of Urgency for Healthcare?
Your ideas…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Call To Action & Next Steps
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Healthcare COI Volunteers, Leaders?
Your ideas…
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
ViTAL Economy Process
Healthcare COI Addendum
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Linking Connectivity and Economic Growth
ViTAL Economy ApproachComponents Overview
• Approaches economic development from a practical, business standpoint--we focus on measurable outcomes and benchmarks
• Provides all the components needed to drive economic growth
– economic development industry cluster strategy
– sources of new business financing
– business innovation– connectivity strategy
• Insures that all initiative efforts are focused and consistent by linking the financing facility strategy, the business incubator strategy and connectivity strategy to the C&ED strategy
Integrated Finance & FundingStrategy
Economic &Community
DevelopmentPlan
Innovation&
Incubation
Connectivity Enabled Strategy
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Challenges that Define Realities for Regional Economies
Global competition in a 24x7 world is intensifying.
Neighbors next door are no longer our competition
Perception that current economic pie of opportunity is limited not expansive
Knowledge is driving growth even in traditional resource sectors
To compete businesses must become continuous innovators.
Innovative businesses learn to specialize.
Creation of fertile climates of innovation is key.
Need for sufficient critical mass to compete requires collaboration of
business sectors, governments and community resources
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
The World is Flat-10 Flatteners“Why We Must Change the Way We Organize to Succeed”
1. Berlin Wall Comes Down November 1989
2. When Netscape Went Public, August 1995 from PC to Internet Based Platform
3. Workflow software enables a global supply chain
4. Open Sourcing-Shareware
5. Outsourcing-Y2K-Using telecom to contract to another firm in another country
6. Off Shoring - Moving a U.S. factory to another country
7. Supply Chaining - Connected throughout the chain without owner control
8. In Sourcing - UPS into your company
9. Informing - The ability to build and deploy your own personal supply chain-a supply chain of information, knowledge, and entertainment. (Google, Yahoo, MSN Web Search)
10. The Steroids -Digital, Mobile,Wireless, Personal and Virtual
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Successful Response To Integrated MarketplaceRequires ViTAL Economy’s 3 C’s for Economic Development
CollaborationBuilds Sufficient Critical Mass to Compete Globally, while
Emerging Cluster Strategies Assure Regional Growth+
ConnectivityLinks Geographically Remote Resources to Increase Access, while
Creating Opportunity, Building Diversification, Enabling Collaboration+
Changed SpendingIncreases Productivity and Revenues
Opens New Markets, Expands Opportunity,
Establishes Measurable Benchmarks and Goals
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
ViTAL EconomySuccess Cycle
Starts With Knowing Who
We Are and What Makes Us Unique
ViTAL Economy
Innovation
Opportunity Realized
Measures of Success
Short / Long Term Wins
Connect the Dots
Barriers
Barrier Strategies
Local Opportunity
Local Innovation
Global Innovation
Industry / State
Best Practices
Who are we?
Knowledge
Milestone Meeting #2 & 3 Activity
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Communities Leveraging Their Economic Advantage
• Coachella Valley, California - Desert Valley, Infrastructure, Film
• Nova Scotia, Canada - Youth, Eco-system, Environmental Skills
• Western New York - Geography, Connectivity, Health Community
• Clallam County, WA - Micro-Climates, Forests, Water, Venues
• Karlstad, Minnesota - Red River Valley Spring Mud Conditions
• Lanark County, Ontario - Lakes, Clean Air Rights and Proximity
• Tasmania, Australia - Micro-Climates, Forest Tech, Antarctica
• Singapore - Youth, Fresh Water, Pacific Rim Location, Networks
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
Move Up the Value Chain, Capture Greater Share of Value Chain
Margins, Increase Economic Prosperity
Economics 101
Friction is the Cost of Getting From P to CP C
P C
P=Producer & C=Customer
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
All Strategies, Action Plans and Task Teams Should…
Enable the region to become a robust integrated marketplace
Exhibit the 3 C’s of a ViTAL Economy
Leverage the uniqueness of your region
Move regional economic activity closer to C than to P
Follow the eight steps for managing change
Apply the value linkage process to define the business case for all actions
Establish and achieve measurable goals
Move region away from a limited view of economic growth to a climate of
ever expanding economic opportunity
Take advantage of VE processes for organization and self improvement
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
VE Process Creates a Climate of Economic Opportunity
“The unique thing about ViTAL Economy is the way that its
process creates an ongoing climate of economic opportunity.”
Director of Economic Development
ViTALeconomy.com
©2006 ViTAL Economy, Inc.
The Reason for Action
A changing economy impacts the way welive, work, learn, govern and connect.
We can’t run a 21st century business, community or government
on 20th century rules.