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Jumpstart Foundry, GMDC Partner To Advance Consumer Health Innovation

July 12, 2016

Johnson & Johnson, Wakefern Food Corp. executives to reveal health & wellness retail trends

 

NASHVILLE, Tenn., July 12, 2016 – Jumpstart Foundry and Global Market Development Center – a leading retail trade association – have partnered to advance consumer health and wellness innovations in an evolving and rapidly changing marketplace.

Through its Health:Further and Retail Tomorrow initiatives, the partnership will help fuel the growing movement from physician-centric to patient-centric care, where increasingly consumers are driving health care insurance choices, product purchases and wellness – a “health care = self care” model.

“We are excited about partnering with GMDC to explore new levels of health and wellness innovation and engagement for entrepreneurs,” said Vic Gatto, founder and CEO of Jumpstart Foundry. “The industry is moving toward more patient-centric solutions and responsibility is being transferred from insurance companies and employers to consumers. There’s a migration of care out of the hospital and toward retailers, home settings and to patients.”

The first Health:Further – Retail Tomorrow partnership initiative will feature executives from Johnson & Johnson and Wakefern Food Corp. during the Health:Further 2016 conference Aug. 23-24 at the Music City Center in Nashville, Tenn. Geoff Betrus, senior director of shopper solutions for Johnson & Johnson and Chris Skyers, vice president of health and beauty care for Wakefern Food Corp. will reveal how the evolving health care landscape is driving consumer behavior – and how retailers are challenging manufacturers to think differently to impact a new shopping culture in the Affordable Care Act era.

“Now more than ever, the most important customer is the patient, who is empowered within the health care industry value chain. This shift is driving innovation downstream with the potential to generate immense and consistent sales and profit growth at the retail level,” said Patrick Spear, president and CEO of GMDC. “With our new Jumpstart Foundry partnership, we will advance an innovative Health:Further – Retail Tomorrow culture, where health care is transforming into self care.”

GMDC is an official supporting organization of Health:Further and as a result, members receive a 35 percent discount to attend. 

In an uncertain health care atmosphere and average consumer costs increasing 20 percent year-over-year, Health:Further recognizes a need for innovation that drives opportunity in the industry. The Nashville-based conference series seeks to bring established retailers and suppliers to the same table as innovators and investors to foster the conversations that are moving health care forward. In its first year, Health:Further attracted more than 600 attendees for a sold out crowd at the OMNI Nashville Hotel. The program featured C-level speakers from major healthcare companies like HCA and Saint Thomas Health as well as pitches from some of the most innovative emerging health care companies. The 2016 Health:Further Summit will build on this success to fill the Music City Center with more than 1,000 attendees targeting health care industry executives, entrepreneurs, investors, and Fortune 500 companies. In addition to exceptional programming, Health:Further 2016 will feature new experiences, including investor matchmaking and mentor hours.

For more information about Health:Further and the upcoming conference, visit http://www.healthfurther.com.