Categories
Company Culture

Spotlight: Stacey Long, Chief Strategy Officer

OMNY Health™ talks to Stacey Long, our Chief Strategy Officer, about her experience at the company, her background in product management and consulting, and her interests in data analysis and engineering.

What leadership role were you holding before joining our team?

Prior to OMNY Health, I led the Real World Evidence team at IBM Watson Health where I oversaw the product management and consulting practices associated with IBM’s claims and EMR data products, analytical tools, and the associated consulting services organization.

What are the three words you would associate with OMNY Health and the team? 

Driven, creative, and fun!

What does your average day look like? 

As with many startups, I wear many hats on a typical day.  Primarily, I work with the leadership team to set the direction for the organization for our products, partnerships, and go-to-market approach.  I advise our Product Management and Engineering teams on developing and implementing our product roadmaps and help support the requirements building process.  In addition, I oversee our professional services team on client implementations building on my experience consulting and running consulting teams for the past 20 years.  I also spend a fair amount of time on research activities – staying up to date with industry trends and policy/regulatory changes related to our business activities so that we can ensure we are prepared to address industry pain points and remain compliant in our approaches.

What has been your favorite part of working here so far?  

I’ve really enjoyed digging into our existing data (I’m a data geek at heart) and working with the team to help shape the evolution of our platform and how we package the data and help our clients gain insights and value from the data, but most of all I’ve enjoyed getting to know the impressive OMNY Health team! Every day I am learning and innovating, which is very energizing!

What are your favorite pastimes outside of work? 

Taking long walks in nature with my family.  We live in upstate NY and are fortunate to have trails and beautiful waterfalls at our doorstep.

What is something that people would be surprised to learn about you?  

People are often surprised that I am relatively handy with machines.

My parents purchased a hundred year old farm home when I was a child and my father, who was an engineer, taught me at any early age how operate all types of equipment from an early age, not just the lawnmower, but things like chainsaws, log splitters, sanders, drills, etc.  My dad and I built our first computer together in the early 80’s, which got me hooked on programming and was influential in my career path.  I’ve just kicked off a project with my 10-year old daughter to build a treehouse in our backyard!

What future opportunities do you see for OMNY Health in the market?

With the rise of precision medicine, it’s an exciting time to be part of the data and analytics business, which shines in its ability to use advanced analytics to find the cohorts of patients or providers that would benefit most from greater access to targeted therapies.  We have a tremendous opportunity to bring together health systems, medical providers, manufacturers, and patients to improve care pathways and patient outcomes.

OMNY Health is unique in that we offer a secure, compliant platform to unite these stakeholders, as well as tools customized with patented technologies to deliver hard to extract insights from complex data streams such as physician notes, images, and labs.  The marketplace itself is easy to use and aims to provide either data or decision support tools to accelerate time to insights and improvements.

How do you see the company’s strategy evolving in these dynamic times? 

The availability of new streams of data from ‘omics, devices (e.g. IOT), and patient-reported outcomes provide new opportunities to deliver value back to health systems, providers, and patients to improve outcomes.  I foresee that we will continue to look at opportunities to bring these types of data together so that healthcare stakeholders can improve the quality of care that can be provided, but always focused on doing so in a secure and compliant environment.

Interested in learning more about OMNY Health? Set up a discussion today.

Categories
News

OMNY Health™ Debuts at Health 2.0 Launch!

Eight new digital companies took the stage at Health 2.0’s Annual Conference in San Francisco on September 20, 2019 to give the first public demos of their products for the show’s annual “Launch!” event.

OMNY Health™, which aims to disrupt data sharing and give providers more control over the data they sell, took home the audience vote and the $5,000 grand prize. All eight companies boasted interesting ideas and impressive accomplishments so far, and we are honored to be in their company.

To read more, please visit mobihealthnews.com.

Categories
News

HealthTech Arkansas Names Six Startups to Cohort

HealthTech Arkansas named six startup companies, including OMNY Health™, for its second cohort on August 6th, 2019. HealthTech is an accelerator program for healthcare technology startup firms that will collaborate with nine healthcare providers in Arkansas.

The six companies were selected from hundreds of applicants across 18 different countries and are headquartered in innovation capitals like San Francisco, New York, Boston, San Diego, and Seattle. According to HealthTech leaders, the six companies already have 177 full-time employees and have raised over $90 million of external capital after forming the companies.

To read more, please visit talkbusiness.net.

Categories
News

BTG and OMNY Health™ Partner to Improve Treatment

For the estimated 7,000 individuals bitten by rattlesnakes, copperheads, and cottonmouths in the U.S. each year, “time is tissue” and timely treatment is critical. Patients that are not quickly and appropriately treated are at risk of skin and tissue damage, limb function disability or loss, neurotoxic effects, dangerous internal bleeding, and systemic injury to the heart, stomach, and other organs. This makes it important to understand and manage antivenom stock levels.

Using the OMNY Health™ platform, near real-time data about CroFab® stock levels at participating healthcare institutions will be captured and securely shared with BTG and the Rocky Mountain Poison & Drug Center (RMPDC), and in time will expand to additional healthcare providers and poison control centers.

For more details, please read the press release.

Categories
Editorial

The Road to Recovery for Hospitals

Most health system executives will agree: this pandemic has made an already tough situation worse. According to a 2018 BCG report, around 50% of US hospital capacity had a negative operating margin. Health systems were facing financial insecurity long before COVID-19, mainly from the twin pressures of declining reimbursement rates and rising operating costs.

Unfortunately, the end of the pandemic might not mean the end to providers’ financial problems. With elective surgeries postponed during COVID-19, revenue projections for this year have dropped sharply; there are estimates that about 25% of rural hospitals are at risk of closing due to financial strain. To simply stay solvent, many hospitals have found themselves faced with the decision to lay off front-line workers at a time when they are needed the most.

As the country begins to normalize and we begin exiting our first post COVID-19 peak, leaders at hospitals will have to start facing some tough decisions. The stimulus bills passed by Congress have helped, but not enough, and at best hospitals will currently recover only a fraction of the costs they have incurred. Based on recent figures from the American Hospital Association hospitals stand to collectively lose $202.6 billion through June. Last month (April 2020) has been one of the worst on record for hospital finances: operating margins plummeted almost 300% compared to the same period last year. The solutions for hospitals in the past have always been operations focused: opportunities around system efficiencies, revenue cycle management, and value-based care to improve cost-savings. New challenges require new approaches, and we at OMNY Health™ feel there is an important untapped channel to explore: leveraging data to create new opportunities for healthcare systems.

Over the past two years, our team at OMNY Health have worked with some of the largest health systems in the country to operationalize their data assets and drive new innovations in the life sciences space. In partnership with our team, these providers have taken control of their data’s destiny via our secure, compliant, and friction-less platform. Via OMNY, our health system partners have turned their latent data assets into a means to support patient care and clinical innovation. In this current crisis, every healthcare organization needs to explore new options to stabilize their future – our nation’s health care infrastructure depends on it.