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Panel

Championing Innovation and ROI in Women's Health Care | Global Conference 2024

  • Recent Policy & Funding Initiatives

    • The White House announced a $100 million initiative to jumpstart investment in women's health research (heart disease, Alzheimer's, menopause).
    • SteelSky Ventures facilitated follow-up advocacy resulting in a request for Congress to approve $12 billion for women's health research and innovation.
    • The American Heart Association (AHA) supports $500 million annually in research, exceeding the initial White House allocation.
    • The AHA is partnering with the Rockefeller Foundation and Kroger on a $250 million "Food is Medicine" research initiative to validate reimbursement models for nutritional interventions.
  • Health Disparities & Mortality Data

    • Women pay an 18% out-of-pocket premium over men for non-pregnancy related care, totaling approximately $15.4 billion extra annually.
    • Cardiovascular disease is the leading cause of death for women in the U.S., causing more deaths than all cancers combined.
    • 70% of U.S. women over age 20 have at least one risk factor for heart disease; over 50% of women of childbearing age do not start pregnancies in optimal health.
    • Maternal mortality rates for Black women in the U.S. are two to three times higher than for white women due to systemic dismissal of symptoms.
    • 92% of maternal deaths in Arkansas are preventable, yet the state has the highest maternal mortality rate in the country.
    • Less than 5% of participants in disease research studies (cardiovascular, cancer) are Black women, despite their higher mortality rates.
    • Cervical cancer kills 3,000 U.S. women annually (one every two hours) but remains preventable; U.S. HPV vaccination rates are lower than Rwanda's.
  • Systemic Gaps in Care & Clinical Trials

    • Women-specific treatment guidelines for heart disease were created by the AHA 20 years ago following "Go Red for Women" due to high rates of misdiagnosis (e.g., symptoms attributed to anxiety).
    • 30% of U.S. counties lack a licensed obstetrician; in Arkansas, 60% of counties have zero providers licensed to deliver babies.
    • Clinical trials frequently lack diverse representation; a recent major cardiovascular trial presented had fewer than 30% women and under 15% non-Caucasian women on its advisory board.
    • The AHA launched "Research Goes Red," a platform leveraging 44.5 million volunteers and 2,400 hospitals (mostly non-academic) to improve trial recruitment diversity.
    • 30% of women presenting with MI (heart attack) have unobstructed coronary arteries (MINOCA), a condition traditionally overlooked in women's diagnostics.
  • Technological & Investment Innovations

    • Maven Clinic raised $300 million over 10 years to provide virtual care, employing a culturally competent model that reduced C-section rates by 60% for Black women and 30% for white women via doula support.
    • SteelSky Ventures and Ingeborg Investments are actively funding the "full female experience," noting that women-managed funds manage less than 3% of LP dollars despite women controlling ~20% of GDP through health spending.
    • Midland Health (menopause), Pelvic Health Solutions (pelvic floor therapy), and Flow Living (cycle-synced diet/hormones) are seeing rapid growth due to pent-up demand in overlooked market segments.
    • Maven reported that 60% of women seeking HRT for menopause did not require it, while 40% did, highlighting the need for personalized, non-stereotyped treatment plans.
    • Nutrition interventions in Maven's high-risk maternity programs have demonstrated a 14% reduction in per-member costs via reduced preterm births and NICU stays.
  • Workforce & Structural Barriers

    • Provider burnout and fee-for-service models limit patient visits to roughly 9 minutes, hindering "whole person" care and trust-building.
    • Only 3% of physical therapists are trained in pelvic floor therapy, a standard of care in Europe/Asia but rarely available in the U.S.
    • The "pink tax" and lack of provider representation in rural/minority communities drive distrust, particularly following historical medical malpractice against communities of color.
    • Medicaid reimbursement rates for midwives and doulas are often missing or too low to incentivize providers, particularly in states like Arkansas where over 50% of births are Medicaid-funded.
  • Future Outlook & Strategic Shifts

    • Panelists agree that solving for women of color often solves systemic issues for the broader population ("fixing the hardest case fixes all").
    • Personalized medicine and genomics are viewed as the future standard, potentially reducing the need for gender-based distinctions in research once diverse genetic data is integrated.
    • The "Food is Medicine" paradigm requires behavioral economics approaches to ensure low-income patients actually utilize prescribed nutritional benefits (e.g., SNAP adoption).
    • Investors are shifting focus to the "full lifecycle" (menstruation to menopause), driven by the economic argument that healthy women are breadwinners for two-thirds of families.
    • Final Sentiment: The consensus action items are "Hope," "Persistence," "Don't accept the status quo," and "Invest in women" to unlock economic and health ROI.