While Australia has a very good health system by world standards, like all industries it faces increasing disruption, says Dr Mark Cloney, convener for the 2020 Innovation in Health Forum (#IHF2020), taking place at La Trobe University Melbourne Campus on the 25th and 26th of June 2020.

Innovation in Health Forum 2020

So, where are the areas for innovation and improvement? Is it in patient care and outcomes or access; affordability or technological innovation; e-health or assistive technology; next generation sequencing, 3d-printed devices, point of care diagnosis, or biosensors and trackers? Or, is it in shifting the focus from treatment to prevention; exploring the role of nutritional food or alternative medicines in sustaining good health and wellness? 

A changing business model

A recent report by PWC[1] shows, Australia’s health system faces similar pressures to others globally including rising costs driven by increasing incidence of chronic diseases, an aging population, inequitable access to services, and gaps in workforce and infrastructure. In addition, changing customer expectations, under the NDIS for example, are driving a need for more personalised, digital, seamless and integrated care experiences.

In short, the business model for the health and wellness sector in Australia is rapidly changing and, as PWC concludes, providers, clinicians, and broader industry players are at varying levels of maturity in terms of adapting to this change. 

Partnership with NORTHLink

The La Trobe Business School will again partner with NORTHLink for its third innovation forum to present a range of industry and academic perspectives, world class speakers and deep dive sessions over two days, exploring the future of Australia’s health and welling industry in June 2020. 

La Trobe’s $5 billion University City of the Future Project[2] has identified a focus on this sector with:

  • a major Health and Wellbeing Hub with improved access to health services and includes a private hospital, aged care facilities and additional childcare; 
  • a world-class Sports Park for teaching, research, community participation and elite sport; 
  • a transformed Research and Innovation Precinct focussing on our world-class strengths in Agri-bioscience, Food and Fibre, Health and Wellbeing, Digital Technology and Cyber. 

NORTHLink’s 2018 Investment Attraction Strategy also focuses on innovation in the emerging health and wellbeing sector targeting sport and sports medicine, aged care, mental health, allied health, emerging medical products and assistive technology for the NDIS as future job generators for Melbourne’s north. 

Innovation in Health Forum

Given this level of partner commitment, research effort and investment, it is timely to explore how the 4th Industrial Revolution and what innovations are impacting and shaping patient care and, more broadly, the Australian health and nutritional eco-systems of tomorrow.

Specifically, then:  

  • How can the health and wellbeing sector and universities harness these research, technological and digital innovations in the most productive and ethical ways?  
  • Where within the Australian health and food ecosystems do the greatest business growth and research opportunities lie?  
  • What are the key challenges the sector faces?  
  • Are we strategically prepared?  
  • And, can the sector adapt to potential disruption and opportunities quickly? 

As well as several industry presenters, the 2020 Innovation in Health Forum will present the latest cutting science and research on health and wellbeing from La Trobe’s Science, Health and Engineering College, the Institute for Agriculture & Food (LIAF), AgriBio, Centre for Agricultural Bioscience, and provides greater detail of its City of the Future Project’s health and wellness ambitions. This maximises the potential of future industry and government engagement, breaks down silos, and creates space for enhanced collaborative research and investment opportunities in this sector.

We anticipate 350 delegates at the event with the formal marketing campaign, schedule, keynote and speakers list, and panellists to be available in late February 2020.

Why should you attend?

The benefits of attending the 2020 forum include:

  • Opportunities for research or business collaboration
  • Access to first-hand knowledge-sharing and latest trends
  • Keeping pace with the constantly changing world and latest technology
  • An opportunity for you to be challenged and grow
  • Getting into the right network

The target audience is stakeholders able to effect and/or influence innovation and change at the health care and wellness industry, at the systems, research and/or practice level. This includes business and NFP’s active in: assistive technologies, primary care, aged-care, allied health, disability service, medicinal medicines, e-health, agribusiness, banks and institutional investment, health insurance, general practice, medical specialists, hospitals, state and local government, researchers and academics.

Very pleasingly, we have already secured sponsorship from DPV Health and the Victorian Department of Jobs, Precincts and Regions for the event with several more industry participants and sponsors to be announced in the New Year.

You can register your interest in attending and/or direct general enquires for the event to: LBSinnovationforum@latrobe.edu.au or contact the people listed below.

Contact 
Dr Mark Cloney
La Trobe Business School
T: 9479 5621|E: M.Cloney@latrobe.edu.au 
Contact
Professor Jane Hamilton
Dean & Head of La Trobe Business School
T: 9479 5264 |E: Jane.Hamilton@latrobe.edu.au 

[1] See https://www.pwc.com.au/health/health-matters/the-future-of-health-in-australia.html

[2] See https://www.latrobe.edu.au/future-city