Matt Hermann, Senior Managing Director, Ascension Ventures, is part of a new coalition designed to break through the silos in healthcare and bring about real change.
The Oliver Wyman Health Innovation Center (OWHIC) Leaders Alliance is composed of senior executives from all areas of healthcare who have committed to work collaboratively on key issues impacting consumer value and overall industry sustainability.
“Oliver Wyman’s goal is to use creative thinking to address complex industry challenges and support both our clients and society at large. We are delighted to convene this important group and support collaboration around the biggest issues facing healthcare today,” said Scott McDonald, President and CEO of Oliver Wyman Group, a global leader in management consulting.
The Leaders Alliance will focus on major challenges that are impeding healthcare industry progress, where no one organization or sector can adequately address the issue on its own. The group will develop a vision for industry change and outline a broad agenda to achieve that vision. The Leaders Alliance will use the collective power of the group to advance innovative, multi-stakeholder solutions at scale.
“I am hoping that my participation in this esteemed body can help drive collaboration and needed change for healthcare in this country, while simultaneously identifying business opportunities of interest for the Ascension Ventures ecosystem,” Matt said.
“Our belief is that healthcare can and must compete on value and consumer empowerment, and that the industry must be redesigned from the individual’s perspective,” said Sam Glick, Oliver Wyman partner and co-director of the OWHIC Leaders Alliance. “This vision cannot be achieved without significant cross-industry communication and collaboration, which is why it is so valuable to bring together the distinguished group of healthcare professionals in our new Leaders Alliance.”
OWHIC Leaders Alliance members include representatives from healthcare providers, health plans, pharmaceutical companies, venture capital firms and business accelerators, and more.
Ascension Ventures is a strategic healthcare venture fund focused on the medical device, healthcare technology and healthcare services sectors with $550 million in capital under management. Its limited partners are some of the most respected, values-driven nonprofit healthcare systems in the U.S. As a strategic investor, Ascension Ventures adds value by sharing its portfolio companies’ solutions across its limited partner base. The work of Ascension Ventures generates returns to its limited partners that help support their missions to provide care to those who are poor and vulnerable.
