HHS names first DSIIS meeting participants and date to unlock obstacles to health IT investing and innovation

Initiative will bring together venture capitalists, startups and government officials, Deputy Secretary Eric Hargan said.
By Diana Manos
12:44 PM
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Photo by Mark Wilson, Getty Images

The U.S. Department of Health and Human Services announced that Dec. 18, 2018 will be the first quarterly meeting of the Deputy Secretary’s Innovation and Investment Summit (DSIIS).

Deputy Secretary Eric Hargan announced the yearlong collaboration of stakeholders -- including HHS officials -- who will discuss ways to accelerate healthcare IT innovation in September.

Participants in the Dec. 18 DSIIS meeting will kick off the initiative by identifying areas of interest to be explored and discussed in future meetings, as well as providing their perspectives on healthcare innovation and investment. HHS said working groups may also evolve out of DSIIS.

HHS selected the DSIIS participants from among applications it received Sept. 19 through Oct. 3, based on the applicants’ experience, knowledge and leadership in innovation and investment in the healthcare sector.

WHY IT MATTERS

DSIIS will produce “high-level dialogues” between HHS officials and private sector innovators, driving new investments in health IT. Deputy Secretary Hargan said the initiative is the first time HHS has reached out to investors to understand what is holding innovation back.

THE BIGGER TREND

Hargan has said that HHS sees the investment community’s buy-in on health IT innovation as key for bringing about the wellbeing of the American people. As part of the initiative, on May 24, HHS held Startup Day in Chicago, to bring together government agencies and prospective health IT investors.

HHS is working with Healthbox, a HIMSS innovation company and sister unit of Healthcare IT News, to help better understand the barriers to innovation.

ON THE RECORD

In mid October Hargan told us: "This is going to be the first time we formally engage the investment community. We work with providers, payers, pharma, medical device companies all the time – but we never talk to the people who are funding those to understand their challenges." 

WHAT OTHERS INVOLVED IN HHS INNOVATION INITIATIVES HAVE TO SAY

ALL THE PARTICIPANTS SLATED FOR DECEMBER 18

HHS on its website listed all the digital health leaders who it considers “initial DSIIS core participants.”

Anna Haghgooie-Managing Director, Sandbox Industries

Annie Lamont-Managing Director, Oak HC/FT

Anthony Davis-Co-Founder and President, Linden Partners

Barry Uphoff-Founder and Managing Partner, Martis Capital

Bill Geary-Co-Founder and Partner, Flare Capital

Brian Thompson-CEO, UnitedHealthcare Medicare & Retirement

Dean Harrison-President and CEO, Northwestern Memorial HealthCare

Ezra Perlman-Co-President, Francisco Partners

Jim Rogers-Chair, Department of Business Development, Mayo Clinic

Matt Hermann-Senior Managing Director, Ascension Ventures

Mo Makhzoumi-Head of Global Health, New Enterprise Associates

Robbert Vorhoff-Managing Director and Global Head of Healthcare, General Atlantic

Scott Hilinski–Managing Director, Nautic Partners

Stephen Kraus-Partner, Bessemer Ventures

Todd Fruchterman-President/GM, 3M