Yesterday, Department of Health and Human Services Deputy Secretary Eric Hargan announced the launch of the Deputy Secretary’s Innovation and Investment Summit (DSIIS).  DSIIS follows a June 2018 request for information to “develop a workgroup to facilitate constructive, high-level dialogue between HHS leadership and those focused on innovating and investing in the healthcare industry.”  The goal of DSIIS is “fostering a more value-based health care system.”

According to the announcement, DSIIS “will invite a range of healthcare innovators and investors on an annual basis to voluntarily participate in quarterly meetings, along with a comprehensive ‘Industry Day’ gathering following the fourth session.”

The release provided a bit of detail about the selection process to participate in DSIIS:

• Prospective participants will be evaluated on their experience, knowledge and leadership in innovation and investment in the healthcare sector.
• Selection criteria for prospective participants include:
  • Areas of educational focus,
  • Executive or other organizational leadership experience,
  • Private equity experience,
  • Venture capital experience,
  • Lending experience within the healthcare sector

Recommendations for nominees are being accepted through Oct. 3 and “must include a resume/CV and a brief description of why the individual recommended would be a good candidate to help deliver on and advance the goals of the DSIIS.”   Recommendations are to be submitted to DeputySecretary@HHS.gov  with the subject line “DSIIS Recommendation.”

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