“Helping people on their path to better health” is the mission-mantra of CVS Health. Re-branded from its previous identity as CVS/pharmacy, the organization convened a Health Innovation Summit with its vendor partners whose products fill the front-of-store shelves to empower, inspire and support consumers to manage health and wellness for themselves and their families.
I was grateful to provide the first talk for the day, setting the day’s context with a discussion of the evolving retail health/care landscape with the consumer at the center. The consumer is, at any point in a 24-hour day, a person wearing many hats (a worker, a parent, a social animal, a community volunteer, with a spiritual life); a patient, sometimes; and, a payor, bearing more costs for healthcare.
Steve Laughlin who leads IBM’s global consumer distribution effort then discussed the growing role of data in retail, and how the company’s cognitive computing and analytics engines can work in health to anticipate emerging epidemics and health trends in communities. Key retail trends to watch for are direct-to-consumer, hyper-personalization, re-imagined stores (brick & mortar) and new business models. “Just doing efficiency” doesn’t work in retail anymore; the sector must re-build the sort of intimacy it once had with customers when we purchased meat from the butcher, hand-picked and pinched produce at the green grocer, and worked across the counter with the department store make up consultant for best advice on skin care. “The last best experience anyone has anywhere becomes their expectation everywhere,” Steve has learned, asserting the importance of customer experience in retail. This is highly relevant for health/care, as well.
Helena Foulkes, President CVS Pharmacy, shared some of CVS Health’s latest innovation news to address consumers’ retail pain points coming out of the CVS digital learning lab based in Boston. CVS Pay addressed the challenge for a consumer whose family may have several famly members filling prescriptions at the same time. The company developed technology to consolidate all of these separate patient transactions onto one bar code requiring one swipe at the point of purchase. Another project, CVS curbside, has the scenario of mom or dad driving home from work, stressed out with kids in the back seat of the car. Mom/Dad needs to pick up 3 things at the store without getting out of the car, so CVS will provide curbside delivery with underlying technology that knows when the consumer is driving up to the store. This “concierge” approach was discussed later in the day by a Kimberly-Clark representative who made the case for Boomer healthcare that’s served up with a high degree of customer service.
Google’s health leader, Ryan Olahan, covered the “10x Mindset,” and how companies need to think and go beyond incremental thinking and goal-setting to truly innovate health and healthcare. 40% of Google Ventures funding is going toward healthcare, so the company continues to have a strong focus in the sector. One in 20 Google searches is health-related. Now that 86% of consumers do health information searches on Google, a growing cadre of people are looking for good (I’d say evidence-based) health content on YouTube. There can be 2 million views of a teenager talking about her experience with acne treatments, but for scientific content, not nearly so many. Olahan, who is the father of several children, showed a provocative slide showing curves of search frequencies for “baby crying” and “baby formula.” Interestingly, at 4 am, Ryan noted, moms aren’t looking for information about formula but for how to ease a baby’s cries. This is an opportunity for health ecosystem players in the “Mom and baby business” to provide helpful advice in that targeted, lonely early am timeframe when a Mom can feel quite alone, frustrated and worried.
Under Armour’s first product was a compression garment, launched over 20 years ago. Since then, the company has been morphing from a strictly athletic garment manufacturer to an organization committed to supporting consumers in being the best athlete they can be.
The brand’s mission is, according to Chris MacAuley, VP of Connected Fitness, “To make all athletes better through passion, design, and the relentless pursuit of innovation.” Chris played a wonderful video featuring some of UA’s history, focusing first on its Baltimore Harbor HQ and incorporating a video of Bill Clinton waxing lyrically, “Baltimore’s great shining jewel of a company is Under Armour.” The company has played an important and pivotal role in Baltimore’s economic development, bringing jobs back to the city. “We’re not going anywhere,” a company leader asserts on the video, stating the UA’s commitment to Baltimore. [I will note that financial wellness, jobs, and a strong local economy help foster positive determinants of health for people in a community].
The company’s mantra among consumers is “I Will” or more specifically, “I Will What I Want.”
As we were convening at an “Innovation Summit,” Chris explained that UA’s definitely of “innovation” is simple and practical: it’s the process of going from invention to adoption. And with wearables, sustained adoption is a major success factor. So UA’s community of 210 million registered users of its apps, logging 2.5 million workouts a day and countless food choices and recipe shares, makes it among the largest databases of healthy people data on the planet. The company believes it’s the largest connected health and fitness community in the world, which makes its database extremely powerful. Its scale is huge: the community has lost 200 millions pounds to-date, and realizes an 88% success rate for weight loss among people who log for 7 days straight.
The money quote here is Chris’s statement that UA’s is “community of people who share with us their greatest fear as and vulnerabilities.”
UA launched a sleepwear line this year (which I favorably reviewed at CES 2017 in Las Vegas in January). The company worked with Johns Hopkins to develop a sleep recovery system to track and understand personal sleep patterns: sleep volume, consistency and quality.
A fun story: Tom Brady is the celebrity endorser of the UA sleep line and Chris learned that Tom takes sleep very seriously indeed: he goes to bed by 9 pm at night. As Chris opined, “It’s hard to be great.”
Another innovation of interest to me and my health-everywhere ecosystem paradigm is UA’s work with Marriott, the hotel chain. UA has worked with Marriott’s Residence Inn hospitality brand to develop local running routes outside of the hotels to help travelers maintain healthy lifestyles while working on the road. I covered the health-hospitality convergence just last week in Health Populi, and this Marriott/Residence Inn program is part of that market trend.
Two panels discussed health innovations from consumer pharma, technology, and direct-to-consumer genomics companies, all of which are operating or undergoing consumer testing in the market. It was encouraging to see that each of these efforts had done their homework on consumer demands and design considerations, whether focused on helping people age with independence (the wearable watch, UnaliWear) or manage pain for greater mobility (which is the goal of the inspiring pioneer, BraceUnder). Bayer talked about value beyond the pill (thus, their development of the Aleve-branded pain management device), and Kimberly-Clark, how Boomers can life with gusto using well-designed personal care products.
The day’s content generated many conversations about partnering, experimenting, and risk-taking for the benefit of expanding health beyond healthcare legacy players. For CVS Health, it provided scores of ideas for innovative products, strategies, and plans.
Health Populi’s Hot Points: The necessity and importance of collaboration and partnering cannot be over-stated for building a health/care system that pays attention to the social determinants of health. The U.S. does trauma and intensive sick care pretty well compared with other developed countries. But when it comes to noncommunicable diseases such as cardiovascular (heart), metabolic (diabetes), respiratory conditions (like COPD) and some cancers borne through lifestyle choices (such as lung), it takes more of it-takes-a-village approach to prevent the onset of disease and then address, early, the onset of such diseases.
Today, I heard about innovative collaborations across the pharmacy channel, over-the-counter medicines, and digital technologies both wearables and platforms (e.g., Facebook, Google). I used the Optum ad shown here as my last slide in my talk about the health/care ecosystem. Breaking down internal corporate silos, and partnering for an “us” versus a “you plus me” with the consumer ruthlessly focused at the core of the partnership is the required approach. Some retail health players will be open to going deep and doubling down on this strategy, particularly those players who will share patient/consumer data for the ultimate benefit of that patient. My ask: companies, please do not hoard the patient data for just your own company’s benefit.
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