While there will be a number of additions to the agenda in the coming week, we have posted it here.
We are very excited about how the event is shaping up. The response from entrepreneurs and investors (from all over the country) has been overwhelming. If you are interested in joining us on May 12, you can click through here to register.
We are reaching out to the community for help in building the Capital Meets Innovation Summit’s panel of health care technology entrepreneurs.
We are looking for health care technology entrepreneurs to share unique fund raising strategies and/or their insights into coping with the difficult fundraising environment.
What has worked? What hasn’t? Have you closed a deal recently? Have you found alternative ways to finance the short term or adjusted your operating and growth strategies to survive the cold winter?
If you have a compelling story, or know of an entrepreneur who does, then please email Bob Crimmins (Bob.Crimmins@imedexchange.com).
Capital Meets Innovation Summit
Tuesday, May 12, 2009
8:00 a.m. – 12:00 p.m.
Davis Wright Tremaine
1201 Third Avenue, Suite 2200
Seattle, WA 98101
Davis Wright Tremaine, iMedExchange, Clarity Health and Faultline Ventures invite you to attend the innovateHealth inaugural Summit. This program will highlight successful strategies being used by health care entrepreneurs from the Pacific Northwest to access capital and build their businesses during “droughts” in the traditional funding markets. In addition, the Summit will feature an opportunity to introduce investors from across the country to the next generation of technology-enabled health care services companies clustered here.
To view the full agenda and register, please CLICK HERE.
For those looking for soft copies of the handouts from the March 3 innovateHealth event, please follow these links:
For Sheryl Skolnick’s report on Obama’s budget that Michael Burcham referenced, please click here. (opens a pdf)
Thanks again to Becky and Michael – the positive reviews on the event keep coming in.
Just a heads up to add innovateHealth’s first annual Capital Meets Innovation Summit to your calendars. We will use this event to introduce local health care entrepreneurs to successful strategies for accessing capital outside the region and to introduce investors from across the country to the next generation of technology enabled health care services companies that are clustered here.
More details will be released soon.
If you are interested in getting involved or sponsoring the Summit, please email Rob Coppedge at email@example.com.
Thanks to everyone who joined us Tuesday night at innovateHealth. Becky Williams of Davis Wright Tremaine and Michael Burcham a serial health care entrepreneur and professor at Vanderbilt University led a vibrant discussion about regulatory restrictions and entrepreneurial opportunities facing emerging health care companies. Thanks to Becky, Michael and the more than 50 representatives of the region’s most innovative companies who made the evening such a success.
Becky’s presentation updated the audience on the implications of the recent stimulus legislation on health care services and technology companies. The group was especially interested in the issues related to certification of electronic medical records. Not surprisingly, these certification standards are still TBA. There was also considerable interest in the changes to Business Associate rules – which could have far reaching impact on vendors and service providers (if they are phased in as planned).
Michael built on Becky’s presentation by discussing entpreneurial opportunities he is seeing amidst the market chaos. His presentation focused on five business opportunties that he finds particularly interesting in light of the Obama administration’s priorities and budget proposal, the economic downturn and other changes working their way through the system. In particular, he focused on the need to build businesses around managing and coordinating the handoff of patients being discharged from hospitals, ways to extend primary care resources (especially human capital), developing next generation disease managment business centered on the providers, opportinties to assimilate and draw actional conclusions from growing pools of health care data and general opportunities in the care for the elderly.
As usual, there was a vigourus discussion after the presentations – which continued after the event and on into email and blogs the next day.
Faultline Ventures, Clarity Health Services and iMedExchange have been pleased to organize and host innovateHealth’s inaugural events. We would love to include other organizers and sponsors, so please let us know if you are interested in getting involved.
iMedExchange + Clarity Health + Faultline Ventures
Invite you to attend
A panel discussion focusing on the impact of the Obama Administration and the deepening financial crisis on innovation in health care services
Becky Williams, RN, JD
Davis Wright Tremaine
Vanderbilt Owen School of Business; Long time Health Care Entrepreneur: Paradigm Health, Theraphysics
5:30-6:30 PM – Tuesday March 3, 2009
Drinks and light refreshments will be served
Second Floor Conference Center
600 Stewart Street
RSVP by emailing firstname.lastname@example.org
For those who weren’t with us at our first event in late 2008, we have linked to a few blog posts that were generated by that evening’s conversation.
If the Health Care Technology Network catches on as a formal group for regular networking (and potentially the promotion of the opportunities in this cluster) it could help the cause of attracting capital. It could certainly provide an platform for raising awareness of companies operating in this region. The most successful organization of this type, the Nashville Health Care Council, has succeeded in bringing cohesion and a professional framework to the Nashville market place.
As someone said at the first meeting of the Network: “Seattle is a brand”. Now, for those of us in the health care business, we need to make sure we agree on what that brand is conveying to our industry and begin turning up the volume.
Highlighting the advantage of Seattle’s entrepreneurial spirit and focus on innovation, [we discussed] that Seattle is not as risk averse as some other cities currently thought of as health care hubs such as Nashville and Louisville… the group discussed Seattle’s distinct attitude of “doing well by doing good’ and left the evening event feeling energized and looking forward to more gatherings where active collaboration and brainstorming is the focus.