Slides on understanding, tracking, and delivering social return on investment prepared for a Health Technologies Fund Webinar

1. Understanding, Tracking, and
Delivering Social Return on Investment
July 31, 2017 Webinar for Health Technologies
Fund
July 31, 2017

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Today’s Focus
• Ontario’s Health Innovation Brokers
• Refining understanding, tracking, and delivery of social
return on investment
• Sources of on-going support

3. INNOVATION
BROKERS

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OCHIS Purpose
• To drive collaboration across the health care system to
accelerate the adoption and diffusion of new innovative
health technologies and processes to:
– Improve patient outcomes (in accordance with the Ministry of Health
and Long-Term Care's Patients First: Action Plan for Health Care)
– Add value to the system
– Create jobs in Ontario

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Ontario’s Health Innovation Brokers
• Work with innovators and health care providers to foster an even
greater culture of innovation across the province
• Help the Chief Health Innovation Strategist remove barriers, so
that new made-in-Ontario innovative technologies and processes
get into our health care system and to patients faster
• Link growing Ontario-based health technology companies
with opportunities, key players and supports, create and
enhance connections and collaboration, and help ensure success
• Working with health system partners, improve access to sources
of support, test sites for gathering feedback from patients and
clinicians, as well as guidance and mentorship in moving
innovation ideas from development to adoption and diffusion in
Ontario’s health care system

6. SOCIAL
ROI

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Demonstrating and Delivering Value
Expression
of Interest
Full
Application
Description of potential impact on:
• Health system performance
• Infrastructure
• Policy
• Economic development
• Industry
• Practitioners
• Patients

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What HTF is seeking
• Partnerships between publicly-funded healthcare service
providers, patients, academia and industry to drive
collaboration that:
– Improves patient outcomes
– Adds value to the health system
– Creates jobs in Ontario

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Thinking about Social ROI as You Finalize Your
Application
• Reflects ratio of value or impact to net cost
– Often used in a comparative analysis, e.g. compared to usual care
• Key principles (UK Cabinet Office)
– Involve stakeholders
– Understand what changes
– Value the things that matter
– Only include what is material
– Do not over-claim
– Be transparent
– Verify the result
• A story about change, with realized or expected outcomes
and costs

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6 Levers for Accelerating Health System
Improvement
Source: Canadian Foundation for Healthcare Improvement. http://www.cfhi-fcass.ca/PublicationsAndResources/ResourcesAndTools/six-levers

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Looking Ahead
• Consider what is needed to iteratively adapt and improve
your solution and its results
– Reflect needs of different stakeholders
– Evolving needs over the course of the project and beyond
– How will this information get to those who need it? How will they use it?
• Review opportunities to leverage existing sources of
data/evidence to minimize respondent burden and impact
on workflow
– Privacy by design principles
– Qualitative and quantitative
• Understand requirements for sustainability and/or
scale/spread
– These may differ across sectors and/or jurisdictions
– May include requirements for independent evaluation of results

12. 5 Questions
to Think About

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Resources & Support

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@jenzelmer
jzelmer@azimuthhealthgroup.ca
Questions?
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