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News Tech


TAKEAWAYS FROM HLTH 2022: AN OVERVIEW



Guest Authored by Eric Thrailkill

 * More in this series:
   * Read HLTH Overview Here
   * Read Part One Here
   * Read Part Two Here
   * Read Part Three Here
   * Read Part Four Here
   * Read Part Five Here

The fifth annual HLTH conference from Las Vegas was the biggest and boldest
yet.  

HLTH was founded in 2018 by two fintech entrepreneurs, both venture partners
with Oak HC/FT.  Jonathan Weiner and Anil Aggarwal formed HLTH after the
successful formation (and exits) of ShopTalk (a platform conference event for
technology and retail) and Money 20/20 (a platform conference event for fintech)
with an initial venture investment of $5 million.  HLTH conducted the first
conference in 2018 with 80 speakers and 3,000 attendees.  

A look back at speakers and sessions gives us an indication of how far we’ve
come as an industry and, frankly, how much work is left to do to deliver on the
promise of superior health outcomes, an improved patient experience, lower
overall costs to deliver health services – all the while reducing the stress on
clinicians delivering care.

Three key topics discussed in 2018 were:

 * People with multiple chronic conditions – particularly diabetes,
   hypertension, hyperlipidemia, asthma, and depression
 * Patients who drive a large percentage of total health care costs
 * Patients discharged from the inpatient setting

In addition, also in 2018. the Healthcare Executive Group (a national network of
select healthcare executives, thought leaders, and industry professionals from
health systems, payers, provider organizations, and health technology vendors)
summarized the need to advance value-based care discussions as follows:

“While the rise of personalized medicine, targeted therapies, specialty
pharmaceuticals, and molecular diagnostics offer tremendous opportunity, payers
are still growing their sea legs figuring out how to measure outcomes and
associated value models – at the same time as providers and the healthcare
supply-side are beginning to demonstrate outcome values in risk-based payment
contracts.”

In addition to the plethora of society meetings, associations such as HIMSS
(Health Information Management Systems Society) and CHIME (College of Healthcare
Information Management Executives), as well as other industry conferences and
meetings, HLTH fills a necessary void to foster discussion, and collaboration,
among the industry incumbents, investors, and innovators.  

HLTH also announced the creation of HLTH Europe (Amsterdam in 2024) and widely
promoted the upcoming ViVE event (March of 2023, Nashville), partnering with
CHIME.  

Sporting a new logo and featuring a concert from entrepreneur, philanthropist,
and entertainer Chris Bridges (aka Ludacris, fresh off his honorary degree from
Georgia State University),  HLTH attempted, and succeeded, in bringing various
stakeholders together to work together (“radical collaboration”) on the
transformation necessary to ensure a more accessible, affordable, and equitable
system.  

HLTH 2022 consisted of eight stages, where overflow audiences attended
presentations and panel discussions with a central theme of partnerships,
alliances, consortia, and yes – radical collaboration (unprecedented
next-generation relationships among various stakeholders)  historically
operating in siloed “lanes” despite an industry approaching 20% of the gross
domestic product.  This purposeful and deliberate approach to building the
healthcare ecosystem was on full display at the conference stages, exhibit
areas, and networking events.

Only at HLTH would you see Main Stage presentations from the CEOs of HCA
Healthcare and Instacart – back to back – a reflection of the importance of the
intersection of existing healthcare operational excellence and new technology to
support the “drivers of health” (frequently referred to as the social
determinants of health), including nutrition services.

Boasting over 9,500 attendees (double from 2021), over 300 speakers, and over
800 sponsors, HLTH raised the bar on post-pandemic conferences and meeting
experiences.  It remains to be seen how this novel approach to ecosystem
building (modeled after very successful retail and fintech platforms) will
impact industry stakeholders, align objectives, and ultimately contribute to
healthcare challenges. However, we can all agree the “conversation” among
participants needs to continue.

Unlike any other major healthcare and health tech conference, HLTH brings
together providers, payers, employers, government, investors, life sciences,
startups, media, and the patient community.  HLTH attempts to make good on its
promises of learning, connecting, discovering, networking, inspiring, and
creating an enjoyable ecosystem experience.  In my opinion – thank you,
congratulations, and well done!

Over the next week, I’ll take you through five themes evident at the HLTH
conference. 


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