Spotlight On: Daryl Tol, President & CEO, AdventHealth — Central Florida Division

Spotlight On: Daryl Tol, President & CEO, AdventHealth — Central Florida Division

By: Yolanda Rivas

2 min read January 2020 — The increase in free-standing healthcare locations across the nation continues to be a great part of many healthcare institutions’ renovation efforts. Faith-based, nonprofit organization AdventHealth has been expanding its free-standing locations in response to this trend. AdventHealth is also re-designing its system to adjust to the diverse population moving to Florida. President and CEO of AdventHealth’s Central Florida Division Daryl Tol spoke with Invest: about the network’s efforts to respond to national and local trends. 

What are the fastest-growing areas of service and care in Orlando?

 

There are several. One is the free-standing emergency room. We have added quite a number of free-standing locations with doctors and emergency services in areas of need, instead of having to build a whole hospital. We are growing our academic work around community cancer research. The cardiovascular institute is seeing high demand as well. We are also redefining our primary care model to include virtual care, which will allow patients to connect via video or text messages with their doctor.

What has been the impact of the healthcare industry as a dominant growth driver in the region?

 

If you look at Florida, and Central Florida in particular, growth is happening here in a significant way. We are managing a considerable line of growth in the senior and multicultural population. People from all kinds of backgrounds are moving into the state. We are responding to that in the way we design our system. We provide care for seniors and for people from all kinds of different backgrounds to communicate more clearly, enhance translation services and build locations in new communities, including communities of need that haven’t had healthcare historically. We believe our network should be accessible to everybody.

 

What are some of Advent Health’s strategies for innovation in providing quality care and patient experience?

 

The Center for Genomic Health is an important effort. It will focus on personalization around the patient’s personal profile. It will help us understand which medications and types of treatments work better for each person and identify risk factors. We can start really investing in each patient’s particular needs. A second effort is putting technology in the hands of consumers through our mobile app, which will launch its 2.0 version this year. It will alert people about care that is needed, help them in the scheduling of certain services and create price transparency. We have also launched a command center — the largest of its kind in the nation, both in size and scope of operations — where artificial intelligence will be used to provide the best care in how people get to our locations.

 

We’re a significant leader in robotic surgery. For a long time, our Nicholson Center has been a training center for robotic surgery. We have a number of robots there that surgeons use to perform surgery. In 2018, we were the first to purchase and perform a procedure with a new robot. We see robot technology improving, and we’re on the leading edge of that work as well.

 

To learn more about our interviewee, visit:

AdventHealth: https://www.adventhealth.com/hospital/adventhealth-orlando 

Spotlight On: Joseph Culley, Head of Capital Markets Group, Janney Montgomery Scott LLC

Spotlight On: Joseph Culley, Head of Capital Markets Group, Janney Montgomery Scott LLC

By: Yolanda Rivas

2 min read January 2020 — An increase in high-net-worth investors, financial professionals moving back to the city and changes to organizational structures are some of the trends financial institutions are experiencing in Philadelphia. Janney Montgomery Scott LLC Head of Capital Markets Group Joseph Culley shared with Invest: some of the adjustments it has implemented amid the change in demographics and advances in technology.

What are some trends in Philadelphia’s financial sector?

 

We are starting to see more finance professionals leave cities like New York when they are at the age to start a family and coming back to Philadelphia. Although young talent retention has been a challenge, Philadelphians who moved to other cities after they graduated college are relocating back to the area. Our education system, arts and culture, transportation system, housing affordability and diverse environment are some of the drivers for residents.

 

What impact is technology having on banking?

 

The pace of change is happening more rapidly due to the disruption of technology in financial services. We have invested significantly in our technology platform and recently hired some of our first data scientists. Our company culture is starting to feel less like an investment firm and more like a technology firm. While we provide our client base with human experience and advice beyond investments, we are focusing on offering them more technological, mobile-friendly and artificial intelligence types of innovations and solutions.

 

What is the investment profile in Philadelphia?

 

We have seen an increase in high-net-worth investors coming to Philadelphia. We have significantly addressed the need we had for higher-end, condo-type properties that we lacked for years, and with that has come more international investment and out of state investment. One of our newer initiatives is focused on investment education and ways to provide more basic, fundamental knowledge about saving for retirement and investing.

 

What are some of the challenges facing financial institutions in today’s landscape?

 

The change in demographics is one of the challenges we are facing. Based on our internal projections, our workforce will be majority millennials within six years. That creates numerous opportunities for a firm like us to modernize and adjust. We recently made changes to our employee benefits, parental leave and dress code policies, based on feedback from our employee population. Organizational development and diversity and inclusion are some of the other areas we have been investing in due to these demographic and generational changes.

 

To learn more about our interviewee, visit:

Janney Montgomery Scott LLC: https://www.janney.com/