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DELIVERING ON THE PROMISE OF CONNECTED, PATIENT-CENTRIC CARE. December 2011. “Information is the lifeblood of modern medicine, and health information technology is destined to be its circulatory system.” – David Blumenthal, Former National Coordinator for U.S. Health Information Technology.
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DELIVERING ON THE PROMISE OF CONNECTED, PATIENT-CENTRIC CARE December 2011
“Information is the lifeblood of modern medicine, and health information technology is destined to be its circulatory system.”– David Blumenthal, Former National Coordinator for U.S. Health Information Technology
MANAGING A SEISMIC SHIFT IN HEALTHCARE • The major shifts impacting healthcare require improved insights and flexibility FROM TO Episodic, single-patient care Continuous population management Provider-centric Patient-centric Fee-for-service Payment for value Silos Systems
COMMON VISION • We share a common vision to create a more connected, more patient-centric healthcare system – and a common understanding that uniting forces will bring more value, more quickly
BRINGING TOGETHER COMPLEMENTARY CAPABILITIES TO REALIZE OUR VISION • Our goal is to enable care teams to improve quality, performance and the patient experience through a focus on population health management A joint venture that when launched will develop and market an open, interoperable technology platform and innovative clinical applications • Capabilities in clinical and • administrative workflow solutions • Capabilities in platformand ecosystem development
THE INFORMATION IMPERATIVE • By integrating data across silos of care and delivering the right information to the right person at the right time, we can help to drive better care coordination and performance improvements Data generationand capture Data integration and transformation Applications and decision-support
BUILDING THE FOUNDATION • To activate our vision, both GE Healthcare and Microsoft will contribute a substantial number of employees and significant intellectual property to the global venture • Amalgaan enterprise health intelligence platform • Vergencesingle sign-on and context management • expreSSOan enterprise single sign-on solution • Qualibriaa clinical knowledge application environment • eHealtha health information exchange platform
DELIVERING ON THE PROMISE:Open Platforms with Collaborative Healthcare Applications
PROMISE OF NEWCO’S OFFERINGS • The new company’s offerings will deliver on the promise of healthcare information technology to improve patient, system and population outcomes Patient Outcomes System Outcomes Population Outcomes • Empowering patients to become more involved in the care process Seamlessly linking transitions across the continuum of care • Simplifying and optimizing the delivery of care across populations Providing clinicians with real-time insights to enable better decisions Improving operational efficiency and financial performance Proactively managing chronic illness with preventative care
A GLIMPSE OF THE FUTURE • Our goal is to create new value by delivering a healthcare performance management suite – an open, interoperable technology platform, combined with applications that drive new clinical and administrative insights, supported by a robust ecosystem of application developers Integrated Care / IDNs / Hospital networks / Payors Intelligence and Foresight GEHealthcare apps 3rd Party healthcareapps Analytic tools Collaborate Joint software development toolkit Create Transformed Data Qualibria clinical element models Consolidate Amalga data aggregation platform Healthcare Data Sources Health Information Exchange Raw andDisparate Data
TAKING THE BEST OF AMALGA • The new company will utilize Microsoft Amalga’s ability to extract and enhance data from any system and enable new insights in real-time Applications and users Amalga Platform Disparate data sources
ADDING THE BEST OF GE HEALTHCARE’S eHEALTH and QUALIBRIA The new company will also utilize healthcare delivery management applications from GE Healthcare’s eHealth and Qualibria solutions, such as: Health Information Exchange Clinical Surveillance Dashboard Population Health Management Hospital Care Transitions Hospital Readmissions Connects IT systems across a community to create a longitudinal medical record Enables providers to make informed decisions based on a more comprehensive view of their patient Addresses quality management by providing timely and actionable information Enables clinicians to deliver the most appropriate and highest quality careto patients Simplifies and optimizes the delivery of care across systems and populations Allows providers and payers to manage costs and coordinate higher quality care for a community of patients Connects multiple IT systems to create comprehensive view of a patient’s condition Enables providers to reduce quality and safety errors during care transitions – one of the most challenging points of care Applies algorithms against patient data to determine risk factors for readmission Enables providersto focus on at-risk patients to avoid readmission – reducing system-wide costs
NEWCO WILL BE A GLOBAL COMPANY We will first focus on delivering against customer demands within countries we both serve today Initial target countries US; Canada; Brazil; UK; Germany; Switzerland; Saudi Arabia; China (includes Taiwan and Hong Kong); Australia; New Zealand
STARTING FROM A STRONG FOUNDATION The pedigree of our current Almaga customers, and our Qualibria application development partners, are a testament to the potential of our approach Amalga Qualibria
NEWCO DEVELOPMENT PLAN • NewCo formation • NewCo platform • Extract and enhance disparate data • Initial joint applications • Pop. Health mgmt. • Clinical surveillance • Care transitions • Readmissions • Next generation clinical applications • Next generation patient engagement • Integrate new forms of PHR, etc. • 3rd party applications to improve user experience • 3rdparty services • Systems integration, consulting, etc. • Proposed NewCo announced • Continued focus on serving existing customers 3rd-party application development Setting the Foundation Integrating Technology Expanding the Ecosystem 2011 2012/13 2014 2015
NEWCO LEADERSHIP The new leadership will help guide the strategic direction of the JV after launch Michael Simpson CEO Michael Simpson currently serves as a Vice President and General Manager for GE Healthcare IT. • Current GE HCIT responsibilities • Lead product management, marketing, engineering and service strategies for the clinical knowledge platform, Qualibria • Manage GE’s partnerships with Intermountain Healthcare and the Mayo Clinic • Prior experience • Senior Vice President of Product Strategy and Development at QuadraMed • Multiple executive roles at McKesson Corp., including Senior Vice President and Chief Technology Officer • General Manager at Unisys Corporation • 10 years at Novell Corporation as Vice President and General Manager responsible for Novell’s enterprise platform business and Novell India • Bachelor of Science degree in Management from the University of Phoenix • Masters degree in design engineering technology from Brigham Young University