Santa Ana, CA - October 31, 2017 – Three exceptional companies won ABBY Awards at the 18th Innovations in HealthcareTM ABBY Awards event, on October 25, 2017, in Long Beach, CA. Presented by the Adaptive Business Leaders (ABL) Organization, this event and its awards recognize and celebrate organizations with innovative technologies and approaches that are dramatically reducing the cost of quality healthcare.
And the 2017 ABBY Award Winners are:
Marc Grossman, MD, Founder and CEO of PriceMDs (PMDs), received the Diamond ABBY Award for his company’s proprietary, enterprise-facing bundled-pricing health insurance solutions that empower and benefit self-insured employers, their employees, health plans, and other healthcare payers. PMDs' surgical network includes 1,100+ outpatient surgical centers (and other facilities) in 44 states throughout the U.S., and the physicians who participate in PMDs’ network offer pre-negotiated, all-inclusive bundled prices for these procedures and specialty drugs at prices which represent savings of typically 25%-50% and as high as 75+% compared to prices currently paid by major health plans. Beneficiaries save money, too.
Eric Stone, Co-Founder and CEO of Velano Vascular, received the Platinum ABBY Award for his company’s commitment to changing the way hospitals draw blood - to make the experience less painful, or even painless - using PIVO, a needle-free blood draw device. PIVO repurposes an existing peripheral IV line for inpatient blood draws, aiming to enable more compassionate care for hospital inpatients, a safer practice for caregivers, and a more financially responsible alternative for health systems for one of the most common, invasive procedures conducted in hospitals every day. PIVO addresses the billions of dollars spent annually on wasted materials, rejected blood samples, injury risks, delayed results, labor costs, central line escalations, and more.
Dave Skibinski, President and CEO of SnapMD, received the Gold ABBY Award for his company’s Virtual Care Management (VCM) telemedicine platform - a full-service, white-label platform that allows providers to extend their reach of care by leveraging secure one-on-one live video, audio, and text message consultations between ambulatory patients and their primary and specialty care physicians. As a cloud-based solution that is hardware agnostic, SnapMD's VCM platform provides an enterprise-level tool that can typically be configured to integrate with existing EMR, scheduling and billing systems. Plus, SnapMD's customers keep 100% of their encounter service revenue.
At the Event, the three ABBY Award Winners were among nine innovative healthcare companies who vied for the 2017 ABBY Awards, which honor companies which have developed ways to lower the cost of providing quality healthcare through their medical or health IT/telecommunications technologies, or innovative approaches to the delivery of healthcare The nine Finalists were previously selected by a committee composed of 21 ABL Members with deep industry domain knowledge. Three ABBY Award Winners were chosen via secret ballot by the healthcare executives attending the October 25th Event, after viewing presentations made by the CEO or senior executive representing each Finalist company. Attendance was open to ABL Members and their guests, as well as non-Member senior executives of healthcare providers and payers, health IT, medical technology, and services firms.
Pictured above, Top Row, left to right:
George Carpenter, CEO of MYnd Analytics; Marc Grossman, MD, CEO of
PriceMDs; Eric Stone, CEO of Velano Vascular; Dave Skibinski, CEO of
SnapMD; Rick Altinger,
Glooko; Andrew Utt, EVP of Aira; and Eric Van Horn, CBO of
“ABL originated the ABBY Awards in 1999, before ‘Value’ became a dominant word in the healthcare lexicon,” according to ABL president and the event’s founder, Mimi Grant. “Looking at increases in annual healthcare premiums – which reflect the escalating cost of care, it was becoming obvious that healthcare was simply getting too expensive. Clearly, if medical trends continued on their upward trajectory, quality healthcare would be out of reach for all but the country's wealthiest citizens – or bankrupt the country. Even today,” Grant continues, “while more Americans have health insurance, without innovations that enable the medical equivalent of ‘better, faster, cheaper,’ medical spend will continue to spiral out of control, and tough medical problems will continue to go unsolved.”
Also at the Event, George Carpenter, CEO of MYnd Analytics Inc., gave the keynote presentation and was honored with the “Leadership in Innovation” Award. His predictive medicine company brings objective physical findings to psychiatric treatment in order to reduce trial-and-error prescribing in mental health. In July 2017, the company successfully completed its re-capitalization and up-listing to the NASDAQ Capital Market under the symbol MYND, following the completion of its $8.79 million public offering. Other recent milestones include: >Four-way collaboration on a clinical study for the treatment of patients with depression – with Horizon Healthcare Services of New Jersey, Cota, Inc., and Hackensack Meridian Health, a comprehensive and integrated healthcare network – to confirm improvement in clinical outcomes and deliver enhanced value to the healthcare system. >MYnd Analytics and Harbin Clinic, of Northwest Georgia, have teamed to provide personalized mental healthcare to patients. >MYnd Analytics and Carolina Partners in Mental Healthcare, of North Carolina, have teamed to provide personalized care to veterans and civilians seeking quality evidence-based mental healthcare.
George has won ABL's prestigious ABBY Award twice (for two different companies), for Workwell in 2004, and for MYnd Analytics in 2016. He joined MYnd Analytics (then called CNS Response) as President in 2007 and was named CEO in 2009. Previously, he was President and CEO of WorkWell Systems, Inc., from 2002 to 2007, a national physical medicine firm that manages occupational health programs for Fortune 500 employers.
Other ABBY Award Finalists and their presenters were:
Andrew Utt, EVP of Aira, which is developing transformative remote assistive technologies and services that bring greater mobility, independence, and self-confidence to people who are blind or visually impaired.
Jackie Larson, President of Avantas, whose predictive analytics solution forecasts staffing needs up to 120 days out from the shift, helping healthcare provider organizations optimize schedules and staffing plans.
Linda Ashcraft Hudak, CEO of George Mark Children’s House, the first freestanding, independent pediatric palliative care facility in the U.S., provides cutting-edge, interdisciplinary medical and psychosocial services to children facing life-limiting illness and their families.
Rick Altinger, CEO of Glooko, which is revolutionizing diabetes self-management and caregiver collaboration, offering a unified platform that brings together data such as blood glucose levels, diet, fitness, biometrics, insulin, and medication information.
Eric Van Horn, CBO of Landmark Health, a risk-bearing provider group that delivers in-home clinical care available around the clock, tailored to serve the needs of the most chronically ill.
Kimberlie Cerrone, Founder & Executive Chair of Tiatros Inc., which provides safe, affordable, and effective group psychotherapies inside secure, private social networks, based on Cognitive Behavioral Therapy augmented with Mindfulness Meditation (CBT+).
Past “Leadership in Innovation” and ABBY Award Winners
Previous “Leadership in Innovation” Award Winners have included Joe Kiani, Chairman and CEO of Masimo; Sanjeev Arora, MD, Founder of Project ECHO (Extension for Community Healthcare Outcomes); Thomas J. Fogarty, MD, Founder of the Fogarty Institute for Innovation and 30 medical device companies; Steve Plochocki, CEO of Quality Systems, Inc./ NextGen; Daniel Kraft, MD, CEO of Intellimedicine; Debra Reisenthel, CEO of Novasys Medical; Patrick Soon-Shiong, MD, CEO of NantWorks; Steve Case, CEO of Revolution Health Group; Steve Burd, CEO of Safeway Inc.; Ken Kizer, MD, Under Secretary for Health, U.S. Department of Veteran Affairs; Kent Thiry, CEO of DaVita, Inc.; and Leonard Schaeffer, CEO of WellPoint Health Networks. Previous ABBY Award Winners include over 50 companies that have made breakthroughs and transformative advances in medical devices, diagnostics, therapeutics, information technology, and digital solutions, as well as organizations that have applied innovative approaches and developed systems and technology for providing care and coverage, decreasing the numbers of uninsured, engaging healthcare consumers more actively in their care and health status, and reducing the cost of quality care.
About the Adaptive Business Leaders (ABL) Organization
Since 1983, the Adaptive Business Leaders Organization (ABL) has networked its Members to help them grow great companies through its Healthcare and Technology CEO Round Tables. Each month, in 10 separate Round Tables, Members leverage each other's skills, expertise, and connections, in confidential, personal advisory board settings. During each session, Members share best practices with their non-competitive peers as they share "What's Up?" and tackle topics like: “Leveraging Technology to Address Today's Clinician Shortage;” “How 'Direct Pay' Programs Are Changing Healthcare;” “How Diagnostics are Saving Lives;” and “Best Practices for Helping Seniors Age in Place.”
Each session also has a Featured Member or Guest Speaker who makes a Strategic Advisory Board presentation, imparting valuable insights and in return receiving leveraged feedback from the Group. Additionally, ABL Members are encouraged to attend frequent ABL Workshops and Conferences, among them the Innovations in Healthcare™ ABBY Awards event. Other recently held events include the 14th annual Top Tech Trends; Tech-Enabled Innovations in Care Transitions (held in both Newport Beach and San Francisco); and Healthcare Breakthroughs on the Home Front. In addition to the Members' peer mentors, each Round Table's professional facilitator serves as an objective business advisor, offering executive and industry insights and making valuable connections.
ABL's Healthcare Round Tables are held in Los Angeles, Orange County, San Diego, Silicon Valley, San Francisco, Oakland, and Sacramento. ABL's separate Technology Round Tables are held in both Los Angeles and Orange Counties. More information about and testimonials from ABL Members can be found here.
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