InnovaHealth Partners and Fletcher Spaght Discuss COVID Recovery in Newest Webinar

We are pleased to report another successful webinar last Thursday, July 30^th. It was the second round of our firm’s webinar series, InnovaHealth Talk Live. This time, we partnered with our long-term strategy advisor, Fletcher Spaght, Inc. on the topic of Transformation 2020: What’s Next for Hospitals, Providers and the Medtech Industry in the COVID-19 Era.

We should add that our next webinar will be held on September 10^th at 10am and will feature Mike Mussallem, CEO of Edwards LifeSciences.

Last week’s roundtable discussion featured Tim Berkowitz, President and CEO of InnovaHealth Partners, Dr. Toby Cosgrove, our Senior Partner and former CEO of Cleveland Clinic, John Fletcher, Managing Partner and Lisa Granick, Senior Vice-President of Fletcher Spaght, respectively.

The conversation opened with Lisa Granick’s presentation of Fletcher Spaght’s recent survey of hospital CEOs and C-suite leadership on the impact of COVID-19 on their operations followed by Toby Cosgrove’s perspective. John Fletcher then provided their analysis on implications for medtech companies and Tim Berkowitz provided positive insights on how our portfolio companies and our investment strategy have been responding to the current trends.

Key takeaways were:

– Increased reliance on ambulatory surgery centers to accommodate the backlog of elective surgical procedures.

– Telehealth opportunity is expected to keep growing as health systems are looking to invest in virtual patient visits to sustain a high level of virtual care.

– Medical device technology companies have adapted to COVID-19 quickly and creatively with remote marketing, educational webinars and new strategies for training, recruiting, product development and launch opportunities.

– Hospitals, now more than ever, are stressing the importance of medical device innovation as central to optimizing patient outcomes, medical economics and their capital purchasing decisions.

We are pleased to provide you with a replay of the webcast by clicking here or by copying this link in your browser: www.anymeeting.com/044-476-690/EA52DF87844B3E. To obtain the slides presenting the results of the Fletcher Spaght survey, please e-mail updates@innovahp.com.

We look forward to your participation at our next webinar on September 10^th.