SlideShare a Scribd company logo
Digital Transformation in Health Care
Opportunities & Trends
presenting:
Thank you!
… and everyone else who helped this event happen!
We Would Like to Thank:
Proprietary & Confidential. © 2018 Business of Healthcare3
Prior experience
Senior Vice President, Mercy Virtual
Mercy (St. Louis)
Vice President, Sales & Marketing; Acting CEO
Advanced Practice Strategies (buyer: Relias Learning)
Vice President & General Manager
Healthcare Business of Thomson Reuters (buyer: IBM)
Director of Sales & Consulting
APACHE Medical Systems (buyer: Cerner)
Early Career: 1 IPO, 1 liquidation, 1 spin-off, 2 debt financings
Matthew E. Hanis
Founder & Executive Producer
Business of Healthcare
Proprietary & Confidential. © 2018 Business of Healthcare4
BOHSeries.com
Healthcare
Mission & Margin
Watch, Read, Listen
Proprietary & Confidential. © 2018 Business of Healthcare
5
Audience: 19,000 Decision Makers ~ 16% of healthcare
Proprietary & Confidential. © 2018 Business of Healthcare6
U.S. Healthcare: $3.8 trillion segment (estimated 2018)
Sellers Buyers
7
Study Group: 300 patients
• 2 or more chronic conditions
• 6+ ambulance & acute visits per year
• Medicaid or Dual Eligible
Goal: Reduce ED Transport & Acute Admits
300 * 6 * $25,000 =
$45 million medical spend
Digital Transformation Example:
Mercy Virtual
Health System Operating Unit
Revenue: $325 million
EBITDA: $113 million
Profit: $10 million
Study Group
300 * 6 * $25,000 =
$45 million REVENUE
$15 million EBITDA
Outcomes
Overall Profitability: $10 M to -$5 M
12 FTEs cut
‘Free Care’ Reduced
Project Cut
New project: Fee-for-Value Contracting
10
Please meet the experts:
Lisa Tweardy
lisa@unyq.com
609.304.1617
The Innovation Engine accelerates the transformation of
Atrium Health by...
Employing
human-centered
design methods
to inform
strategy and
approach.
Leading
business model
innovation to
develop new
models of care.
Forming strategic
partnerships with
tech startups,
Fortune 500
companies and
other health
systems to build
and test solutions.
Generating
alternative
revenue sources
by
commercializing
solutions outside
our System.
michael.johnson@atriumhealth.org
Dr. Waseem Ghannam
MD MBA MHSA
CEO and Co-Founder
Ghannam@telehealthsolution.com
704-726-1587
Creating a new standard of care to
optimize matching healthcare service
Supply & Demand
Access to Care
According to WHO, nearly 400 million do
not have access to essential health care
Cost
Cost reduction by having physician
access at a lower rate, avoiding ED
visits, and hospital readmissions
Physician Shortage
According to AAMC, physician shortage
expected to reach 100k by 2030
Readmission Penalties
Avoid penalties by reducing CMS
Mandated 30-Day readmissions
21Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved.
The Problem The Solution
• Physician Access: Multi-Specialty Physicians on call
across the continuum of care.
• Ease of Client Use: Call Center & Reporting Application
• Technology Powered By AMD Global: Telemedicine
technology that puts our physicians bedside virtually.
22Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved.
Rural HealthCare
Deserts
23Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved.
** (https://www.beckershospitalreview.com/healthcare-information-technology/telemedicine-to-attract-7m-patient-users-by-2018-12-statistics-on-the-thriving-market.html)
24Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved.
End Of Speaker Slides
Questions & Answers
March, 2019
IoT 101: Opening a New World of Possibilities
Through Data
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TechTalks | Digital Transformation in Healthcare: Opportunities and Trends

  • 1. Digital Transformation in Health Care Opportunities & Trends presenting:
  • 2. Thank you! … and everyone else who helped this event happen! We Would Like to Thank:
  • 3. Proprietary & Confidential. © 2018 Business of Healthcare3 Prior experience Senior Vice President, Mercy Virtual Mercy (St. Louis) Vice President, Sales & Marketing; Acting CEO Advanced Practice Strategies (buyer: Relias Learning) Vice President & General Manager Healthcare Business of Thomson Reuters (buyer: IBM) Director of Sales & Consulting APACHE Medical Systems (buyer: Cerner) Early Career: 1 IPO, 1 liquidation, 1 spin-off, 2 debt financings Matthew E. Hanis Founder & Executive Producer Business of Healthcare
  • 4. Proprietary & Confidential. © 2018 Business of Healthcare4 BOHSeries.com Healthcare Mission & Margin Watch, Read, Listen
  • 5. Proprietary & Confidential. © 2018 Business of Healthcare 5 Audience: 19,000 Decision Makers ~ 16% of healthcare
  • 6. Proprietary & Confidential. © 2018 Business of Healthcare6 U.S. Healthcare: $3.8 trillion segment (estimated 2018) Sellers Buyers
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  • 8. Study Group: 300 patients • 2 or more chronic conditions • 6+ ambulance & acute visits per year • Medicaid or Dual Eligible Goal: Reduce ED Transport & Acute Admits 300 * 6 * $25,000 = $45 million medical spend
  • 9. Digital Transformation Example: Mercy Virtual Health System Operating Unit Revenue: $325 million EBITDA: $113 million Profit: $10 million Study Group 300 * 6 * $25,000 = $45 million REVENUE $15 million EBITDA Outcomes Overall Profitability: $10 M to -$5 M 12 FTEs cut ‘Free Care’ Reduced Project Cut New project: Fee-for-Value Contracting
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  • 11. Please meet the experts:
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  • 18. The Innovation Engine accelerates the transformation of Atrium Health by... Employing human-centered design methods to inform strategy and approach. Leading business model innovation to develop new models of care. Forming strategic partnerships with tech startups, Fortune 500 companies and other health systems to build and test solutions. Generating alternative revenue sources by commercializing solutions outside our System. michael.johnson@atriumhealth.org
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  • 20. Dr. Waseem Ghannam MD MBA MHSA CEO and Co-Founder Ghannam@telehealthsolution.com 704-726-1587 Creating a new standard of care to optimize matching healthcare service Supply & Demand
  • 21. Access to Care According to WHO, nearly 400 million do not have access to essential health care Cost Cost reduction by having physician access at a lower rate, avoiding ED visits, and hospital readmissions Physician Shortage According to AAMC, physician shortage expected to reach 100k by 2030 Readmission Penalties Avoid penalties by reducing CMS Mandated 30-Day readmissions 21Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved. The Problem The Solution • Physician Access: Multi-Specialty Physicians on call across the continuum of care. • Ease of Client Use: Call Center & Reporting Application • Technology Powered By AMD Global: Telemedicine technology that puts our physicians bedside virtually.
  • 22. 22Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved. Rural HealthCare Deserts
  • 23. 23Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved. ** (https://www.beckershospitalreview.com/healthcare-information-technology/telemedicine-to-attract-7m-patient-users-by-2018-12-statistics-on-the-thriving-market.html)
  • 24. 24Confidential and Proprietary. Copyright (c) by TeleHealth Solution. All Rights Reserved.
  • 25. End Of Speaker Slides
  • 27. March, 2019 IoT 101: Opening a New World of Possibilities Through Data Join us @ our Next Event: