Arizona Business and Health Summit 2024

In collaboration with the Arizona Biomedical Research Center, the W. P. Carey School of Business at ASU is hosting the third annual Arizona Business and Health Summit (ABHS). The summit is a place for researchers, clinicians, practitioners, public policymakers, and community partners to advance business and health throughout Arizona through increased collaboration.

The conference is a not-to-be-missed event: A full day focusing on the discovery environment in Arizona for those conducting and using health- and business-related research.

Arizona Business and Health Summit focus areas for 2024

The 2024 Arizona Business and Health Summit explores factors impacting the goal of innovation for value in the health sector — essentially, more significant benefits to patients at lower costs. Investment firms, entrepreneurs, and biomedical sector companies are going through challenging times to meet healthcare provision goals in an environment of conflicting pressures. Demands emanating from the COVID-19 supply chain disruptions, a changing policy environment, resulting pressures from regulations, such as the Inflation Reduction Act of 2022, and continued cost escalation test conventional strategies across the care delivery ecosystem and its upstream resource-producing organizations.

Presenters will discuss strategies employed in the face of challenging healthcare reimbursement schemes, stakeholder expectations, and heightened concern for preparedness and resilience. Speakers will present case studies of innovations for value, and attendees will participate in roundtable discussions. We'll gear these activities toward developing a framework to:

1. Influence value enhancement for the patient, for whom value relates to improved health.
2. Influence value enhancement for investors who, depending on their role, seek a return on the capital transferred.
3. Meet continued challenges associated with health maintenance/prevention.
4. Consider the clinician's role in moving toward value.
5. Craft a population view of health.

Sessions during the day will prepare you to:

• Learn how the construct "value" is interpreted and motivates entities across the healthcare ecosystem to take action.
• Understand factors impacting innovation for value in the health sector.
• Understand how investors assess innovative products and processes and the likelihood of success in the choice of strategies and implementation.
• Become an orchestrator of change by recognizing the importance of innovators, clinicians, and providers partnering with innovators, clinicians, and providers ring to inform needed innovation.
• Craft a framework for development plans to ensure successful development and adoption of innovation.

Insights will be forthcoming from recognized experts in the field, including:

Cara Christ, MD, MS. — Dr. Christ oversees the Healthcare Quality Assurance (HQA) department at Blue Cross/Blue Shield of Arizona, where she represents clinical and non-clinical teams aiming to make health care sustainable for our marketplace and enhance the quality of care.

Denis Cortese, MD — Dr. Cortese is director of the Health Care Delivery and Policy Program at ASU and emeritus president and CEO of Mayo Clinic.

Jim Eckler, MS — Mr. Eckler is an ASU adjunct faculty member, co-founder of Healthcare Supply Chain Excellence, and former COO of Health Shared Services BC, the provider of shared services for the health care system across British Columbia.

Lara Ferry, PhD — Lara Ferry is the vice president of research for the Knowledge Enterprise and a President's Professor. In her administrative role, she focuses on research and strategic initiatives for the university.

Ohad Kadan, PhD — Kadan is dean of the W. P. Carey School of Business and holds the Charles J. Robel Dean Professor of Finance and W. P. Carey Distinguished Chair.

Joan Koerber-Walker — As the president and CEO of the Arizona Bioindustry Association, Inc., Koerber-Walker works on behalf of the Arizona Bioscience and medical technology industry to support the growth of the industry, its members, and the community on the local and national level. Koerber-Walker is also a life science investor and has served on the boards of numerous for-profit and non-profit organizations.

Todd LaPorte — As president and CEO of Honor Health, LaPorte has shaped a system with many access points to provide convenient, high-quality care for patients and with the ability to coordinate care efficiently and effectively. HonorHealth governs with its medical staff one of the country's highest-performing ACOs.

Chuck Lehn — As president of Banner Health Network, Lehn is responsible for developing accountable care solutions for Banner Health and its affiliated physicians. In his three decades at Banner, Lehn has served in corporate finance, rural health care administration, provider network development, managed care, and health plan leadership.

Mike Long — As president and CEO at Lumeris, Long leads an organization with over $12 billion in medical spending dedicated to helping health systems and physician practices succeed in value-based care. Lumeris is recognized for providing the country's highest quality, most cost-effective health care.

Michael Nagel — As president and CEO of Vomaris Wound Innovations, Nagel has driven the company's growth, successfully introducing and marketing its bioelectronic wound-healing solutions in acute care, outpatient, and direct-to-consumer markets.

Adele Oliva — As co-founder of 1315 Capital in 2014, Oliva has been a healthcare investor for more than 20 years and focuses on commercial-stage medical technology, healthcare service, and specialty therapeutic investments to establish a firm focused on healthcare growth investing; the firm has $1 billion under management.

Mikaella Polyviou, PhD — As associate professor and co-director of the Supply Chain Resilience Initiative at the W. P. Carey School of Business, Polyviou has conducted numerous studies on risk and resilience in supply chains.

David Roe — As CEO of telehealth company CortiCare, Roe helps redefine remote EEG monitoring in critical care and EMU and expands the use of in-home ambulatory EEG.

Eugene Schneller, PhD — As a professor of supply chain management at ASU, Schneller also serves as interim co-executive director of CAPS Research. A nationally recognized authority in health sector supply chain management, he brings extensive expertise to both roles.

Benjamin M. Shao, PhD — As associate dean for Asia-Pacific Programs and Initiatives, professor of information systems, and the co-director of the Digital Society Initiative, Shao's research areas cover IT impacts, data analytics, digital platforms, IS security, health care IT, and IS/OM interface.

Jacque J. Sokolov, MD — As chairman and CEO of the SSB, a diversified U.S.-based health care management, development, and investment company, he has a history of supporting value-based care with a focus on provider organizations and clinicians.

Lars Thording, PhD — As vice president of Innovative Health LLC, Thording has spearheaded the launch of multiple market-disrupting solutions in health care, insurance, and technology. Innovative Health, an advanced FDA-regulated reprocessing company, specializes in Electrophysiology devices.

Natalia Wilson, MD, MPH — As executive director of the Center of Healthcare Delivery and Policy and an adjunct faculty member in the College of Health Solutions, Wilson's research area is implementing unique device identifiers (UDI) in health systems.

Pre-summit reading:

We suggest that attendees review the critical World Economic Forum's Insight report "Value in Healthcare: Laying the Foundation for Health System Transformation" — https://www3.weforum.org/docs/WEF_Insight_Report_Value_Healthcare_Laying_Foundation.pdf

Preliminary Agenda

• Welcome and background
• Advancing vision for value
• It takes an ecosystem of innovation focusing on value
• Innovation for patient care delivery
• Product device innovation
• Sustainability innovation
• Innovation through technology/telemedicine
• A Biopharma Perspective
• A payor's perspective
• Summary and discussion
• Reception: End-of-day networking for all attendees

Organizing Committee

• Cristina Baciu, PhD, Assistant Director Research, W. P. Carey School of Business
• Phillip Barr, Assistant Director, Operations and Courses, Center Healthcare Delivery and Policy
• Denis A. Cortese, MD, Professor and Director, Center for Healthcare Delivery and Policy
• Jim Eckler, MS, Visiting Professor, W. P. Carey Supply Chain Management
• Mikaella Polyviou, PhD, Assistant Professor, W. P. Carey Supply Chain Management
• Raghu Santanam, PhD, Senior Associate Dean for Executive Education, Corporate Partnerships and Lifelong Learning, McCord Chair in Business and Professor
• Eugene Schneller, PhD, Professor, W. P. Carey Supply Chain Management
• Jeffrey Wilson, PhD, Associate Dean of Research and Inclusive Excellence
• Natalia Wilson, MD MPH, Executive Director, Center for Healthcare Delivery and Policy, Adjunct Faculty College of Health Solutions