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HEP Strategic Investing Summit: Options, Tradeoffs, and Pitfalls to Avoid

The last ten years have seen an explosion of health systems and health plan-based venture and innovation funds. The acceleration of digital adoption throughout COVID, the migration to new payment models, a rapidly consolidating competitive landscape, and the incursions of big tech and retail into healthcare have led many payers and providers to aggressively seek opportunities “outside the core” for growth. Ezra Mehlman, a healthcare growth equity investor and professor at Columbia Business School, will organize a discussion for hospital and health plan senior executives who are interested in standing up and operating strategic venture funds. The summit will feature a panel showcasing the perspectives of leading strategic VCs as well as venture-backed companies who have raised money from strategic funds.

The last ten years have seen an explosion of health systems and health plan-based venture and innovation funds. The acceleration of digital adoption throughout COVID, the migration to new payment models, a rapidly consolidating competitive landscape, and the incursions of big tech and retail into healthcare have led many payers and providers to aggressively seek opportunities “outside the core” for growth. Ezra Mehlman, a healthcare growth equity investor and professor at Columbia Business School, will organize a discussion for hospital and health plan senior executives who are interested in standing up and operating strategic venture funds. The summit will feature a panel showcasing the perspectives of leading strategic VCs as well as venture-backed companies who have raised money from strategic funds.Speakers:Ezra Mehlman, Managing Partner, Health Enterprise PartnersJeff Stolte, Senior Partner, Providence VenturesTherasa Bell, President and CTO, Kno2Jessica Zeaske, Partner, Echo Health VenturesLeah Sparks, CEO and Founder, Wildflower HealthChase Tacker, SVP, Corporate DevelopmentDave Ross, CTO, Health Catalyst

Partner Programs

Which Digital Mental Health Front Door Will You Choose?

There are more mental health and substance use point solutions than ever, how is a health plan, employer, and most importantly, patient, to know which solution they should use to forge a path to meaningful behavioral health outcomes? Behavioral Health Tech is the largest community focused on expanding access to mental health and substance use services through technology, health equity and innovation. This year, we&#39;re bringing together health plans, providers, investors and more to discuss how to bridge the supply-demand conundrum in behavioral health, all while prioritizing affordability, access, and seamless patient experiences.

How Technology is Unlocking the Digital Front Door to Address Our Nation’s Mental Health CrisisThe nation’s mental health crisis is now termed the &#39;Crisis of our Time,&#39; with alarming figures revealing that more than 1 in 5 U.S. adults are currently living with a mental illness and over 60% of adolescents with serious depression aren&#39;t receiving treatment. As health care leaders and stakeholders grapple with these challenges breakthroughs in technology and A.I., revamped care delivery models, and innovative digital interventions are paving the way to better care accessibility. This multifaceted panel will journey through these innovative advancements, focusing on early identification of at-risk youth, facilitating personalized treatment options, and the instrumental role of payers, providers and employers working together to elevate adoption of mental health solutions that actually work.Panelists:Andrew Cylkowski, Chief Commercial Officer, LucetSusan Solinsky, Co-Founder and Chief Growth Officer, Ellipsis HealthDr. John Langlow, MD, MBA, Medical Director, LucetDr. Bipin Mistry, MD, MBA, Chief Medical Officer, Alight Solutions How Addiction Robs the Workplace: What are Employers and Health Plans Doing About ItWe all know someone from our workplace who is either fighting an addiction right now or has a loved one battling it. Or at least, with less stigma, the odds are, we do know someone in that situation and could be doing more to support them. The stigma of addiction keeps many from seeking help whether for themselves or for their family. Many employees will avoid using their health benefits for fear of being discovered. This leads to high out-of-network treatment with poor outcomes as well as productivity losses and high turnover. Fortunately, the tide is changing; employers are looking to tackle substance use and its impact on the workplace. Employers and health plans are working together to develop solutions to raise awareness and remove barriers to access. Some have created new “front doors” for addiction treatment with positive results, including new partnerships to ensure employees are able to get quick access to, engage in high quality treatment, and have the necessary supports to maintain their recovery. This session will explore how health plans are focused on building awareness, partnerships, and pathways for employees to access high quality treatment when they need it. Panelists:Deb Adler, CEO, Navigator HealthcareSalma Sparklin, MPH, Business Strategy and Transformation Manager, CareFirst BlueCross BlueShieldDr. Stuart Lustig, MD, MPH, National Medical Executive for Provider Partnerships, Evernorth Behavioral HealthManny Arisso, Chief Network Officer and President of the Employer Division, Carelon Behavioral Health  Unlocking multiple front doors: How to meet patients where they are with life-saving mental health careAccording to recent research by Evernorth, individuals often delay seeking care for depression for up to 10 years after its onset. The path to care is complicated–with ups and downs, starts, and stops, and many factors along that way that influence how, when, and where an individual decides to get care. This implies that there isn’t a singular &quot;digital front door,&quot; but rather multiple entry points. Effective digital solutions need to be there for all of those entry points. They must show up at the critical moments of an individual&#39;s care journey to build trust and familiarity and encourage them to walk through their door when ready. Simultaneously, payers need to partner with digital solutions who understand this, and have built solutions that are able to find and activate individuals seeking care outside of their own directories, especially for those in crisis or with higher severity needs. In this panel, we will discuss how Brightside Health and Evernorth have worked together to form a data-driven partnership that ensures every Evernorth member is receiving the highest quality care, and is leading the way toward value-based contracts. Speakers:Brad Kittredge, Founder and CEO, Brightside HealthDoug Nemecek, MD, Chief Medical Officer for Behavioral Health, Evernorth Health Services

The Loneliness Epidemic: The Case for Inclusive Belonging at Work

The Health Action Alliance is a unique partnership between leading business, communications and public health organizations designed to strengthen the business community’s response to COVID-19 and other infectious diseases, improve workplace mental health, and help employers prepare for future public health emergencies. Health Action Alliance is a joint initiative of Ad Council, Business Roundtable, the CDC Foundation, the de Beaumont Foundation, and the Robert Wood Johnson Foundation — in partnership with Meteorite.

Lonely No More: The Case for Inclusive Belonging at Work

Earlier this year, the U.S. Surgeon General sounded the alarm on an epidemic of loneliness in the United States. Loneliness has detrimental effects on both the health of your workers and your business - leaders who recognize and address this challenge can create workplaces where team members feel connected and empowered. In this session, we’ll delve into the critical connections between addressing loneliness and creating a robust mental health program that meets the unique needs of a diverse workforce, emphasizing the importance of equity and inclusion. A powerful slate of speakers will join us to:<ul><li>Explore ways you can assess the impact of loneliness in your organization, and get tips from business leaders and industry experts to foster connection and belonging.</li><li>Reveal why inclusive leadership and robust diversity, equity, and inclusion (DEI) commitments are not just buzzwords but critical pillars for supporting the mental health and well-being of all workers.</li><li>Discuss how addressing the loneliness epidemic can bring groups together to create stronger community and culture</li><li>Highlight strategies to address remote workers&#39; unique mental health challenges by intentionally creating more collaborative and supportive hybrid work environments.</li></ul>Attendees can expect to leave equipped with valuable insights and actionable strategies to create more equitable, inclusive, and mentally healthy workplaces for all. Speakers:Natasha Bowman, Author, Attorney, Mental Health AdvocateBilal Khan, Chief Financial Officer, TwillSteven Levine, Co-Founder of Health Action Alliance and the Civic AllianceMark SooHoo, Executive Director, Health Action Alliance (moderator)