Ascension was a featured presenter at the annual 2020 J.P. Morgan Healthcare Conference, held earlier this month in San Francisco. Some 9,000 attendees, representing more than 450 companies, gathered to hear from dozens of health-related companies including 25 of healthcare’s most prominent not-for-profit health systems, including Ascension.
Joseph R. Impicciche, President and Chief Executive Officer; Eduardo Conrado, Executive Vice President, Chief Strategy and Innovations Officer; and Liz Foshage, Executive Vice President and Chief Financial Officer, discussed several of Ascension’s innovations and initiatives. They talked about four key strengths of our faith-based ministry: leadership, innovation and digital transformation, size/scale, and financial performance and diversity of portfolio companies.
Joe provided an overview of Ascension, our commitment to our Mission, Vision and Values, and how our leaders and our size and scale lay the foundation for our innovation and transformation. Eduardo then addressed Ascension’s focus on innovation and digital transformation.
“Technology companies are figuring out healthcare faster than healthcare is figuring out tech,” he said. “Our approach is to leverage the best of the technology world to deliver on experiences our consumers and clinicians deserve.”
Eduardo described how Ascension is collaborating with best-in-class technology companies, in part to provide new products and services that will help deliver on our Mission-inspired Transformation 2025 consumer experience goals. In addition, he discussed how we are bringing health and healing to the home and designing the caregiver experience of the future. This provided the opportunity to highlight Ascension’s work with Google, which will streamline electronic health records and enable providers and caregivers to have the information they need at their fingertips – leading to more time for providers to spend with patients. Liz then shared information about Ascension’s strong financial foundation for innovation and growth. Ascension’s credit ratings were reaffirmed in 2019, with several operational and financial measures improving in FY19 over the previous year.
“In addition to the personalized, compassionate care we continue to provide, we’re delivering value through diversified services such as The Resource Group, Medxcel and Agilify, as well as through strategic partnerships with companies that are committed to the same vision for the future of healthcare,” Liz said.
“Our presentation highlighted the important work performed every day by associates, clinicians and leaders all across Ascension, and participants left knowing that Ascension is committed to transforming healthcare,” Joe said. “As the healthcare landscape changes, we are helping to drive that change.”
