The recipient entity's physical address:
           1514 Jefferson Highway
New Orleans, LA 70121

The recipient entity's mailing address (if different):
           Same as above

Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          n/a

The last four digits of the entity's taxpayer ID number:  2505

What is the dollar amount of the request?  $3,500,000

What type of request is this?  Capital Outlay Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           Board:

Andrew B. Wisdom
Thomas Davis (Duncan)
William H. Hines
R. Parker LeCorgne
James E. Maurin
Suzanne Mestayer
Jefferson G. Parker
Robert J. Patrick
Kenneth Polite
Jose S. Suquet
Karen Blessey, M.D.
Pedro Cazabon, M.D.
George Loss, M.D.
Leonardo Seoane, M.D.
Dana H. Smetherman, M.D.
Victoria Smith, M.D.
David E. Taylor, M.D.
Timothy Riddell, M.D.
Vincent “Butch” Adolph, M.D.
Executives:

Warner L. Thomas
President and Chief Executive Officer

Michael Hulefeld
EVP and Chief Operating Officer

Scott Posecai
EVP and Chief Financial Officer

Pete November
EVP and Chief Administrative Officer


Addresses:
1514 Jefferson Highway
5th Floor
New Orleans, LA 70121

Provide a summary of the project or program:
           The Center for Innovation will be healthcare infrastructure asset for the state that will help establish the region as a hub for healthcare innovation. The Center will serve as the hub for innovationOchsner (iO), an innovation lab Ochsner formed in 2015. iO uses technology and data to create patient-centered solutions to keep patients healthier and providers more efficient. For example, iO pioneered new digital medicine programs that have dramatically improved health outcomes for patients with chronic diseases such as high blood pressure. Through the Optimal Hospital Initiative, iO is using new technologies to improve health outcomes in the in-patient setting.
The Center for Innovation will be approximately 22,500 sq/ft and will be built on approximately one acre of land owned by Ochsner. To fund construction, Ochsner will contribute approximately $2.4 million, GE Healthcare will invest $400,000, and the federal Economic Development Administration will invest $1.5 million. Requested capital outlay funds would be used for planning and construction. In addition, Ochsner will fund FF&E ($860,000), Information Technology expenses ($510,000) and all other expenses associated with Center. The total budget for the project as of October 2018 is approximately $9,700,000. Ochsner will bear most of this cost.
The Center for Innovation will: be a catalyst for job creation and private investment in the Jefferson Highway Economic Development District and the Greater New Orleans region; establish the region as a hub for healthcare innovation; and provide job training and job placement opportunities for residents in the surrounding distressed community.
It will also be: a destination for the development, testing, and implementation of innovative healthcare solutions with a focus on digital health and precision medicine; and a state-of-the-art space for partners to collaborate, co-develop, pilot and validate solutions with access to Ochsner’s world-class physicians and diverse patient population.
Key Components of the Center include: a makerspace, where new technologies can be created; a prototype lab, featuring a full-scale mock hospital room, waiting room, and exam room where new technologies can be tested; flexible office space for visiting partners and digital health technology companies; and a training center to host national and local conferences and community events, including job trainings, business assistance programs, and educational seminars. The Center will serve as the headquarters for iO and its team of product engineers, data analysts, physicians, nurses, health coaches, and technicians. Regional Partners include the five leading economic development organizations: The Jefferson Parish Economic Development Commission (JEDCO), Greater New Orleans Inc. (GNO, Inc.), the New Orleans BioInnovation Center, Idea Village, and Propeller.
In a feasibility study of the Center, GNO Inc. noted that at critical stages in their growth, new companies in the region lack access to testing grounds for their innovations. The Center will be a bridge for these new companies by providing access to Ochsner’s physicians, patients and facilities.
The Center will generate job and training opportunities in a distressed community. The per capita income for Residents in Block 1, Census tract 247 is $16,868. The Center will transform a surface parking lot into a Center for Innovation in an area in need of investment.
The Center will accelerate innovationOchsner's progress in using technology and data to create patient-centered, precision-focused solutions to keep patients healthier and providers more efficient. These healthcare breakthroughs benefit people of all genders, ages, races and socio-economic statuses, but they are of particular benefit to underserved individuals.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $652,780
          Contracts . . . . . . . . . . . $6,527,797
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $0
          Other Charges. . . . . . . $652,780

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          

What is the entity's public purpose, sought to be achieved through the use of state monies?
          As a global medical and academic leader, Ochsner saves and changes lives. To help support its mission, the organization is seeking state funds to support construction of a Center for Innovation.
The Center will accelerate innovationOchsner's progress in using technology and data to create patient-centered, precision-focused solutions to keep patients healthier and providers more efficient. These healthcare breakthroughs benefit people of all genders, ages, races and socio-economic statuses. Ochsner has already been nationally recognized for its efforts in this area, which have have resulted in a number of groundbreaking innovations that are measurably advancing the quadruple aim of health care: improve the patient experience of care, improve the health of populations, reduce the per capita cost of health care, and improve the work life of the provider of care.

What are the goals and objectives for achieving such purpose?
          In a feasibility study of the Center, GNO Inc. noted that at critical stages in their growth, new companies in the region lack access to testing grounds for their innovations. The Center will be a bridge for these new companies by providing access to Ochsner’s physicians, patients and facilities.
The Center will generate job and training opportunities in a distressed community. (The per capita income for Residents in Block 1, Census tract 247 is $16,868.) The Center will transform a surface parking lot into a Center for Innovation in an area in need of investment.
The Center for Innovation will:
- be a catalyst for job creation and private investment in the Jefferson Highway Economic Development District and the Greater New Orleans region;
- establish the region as a hub for healthcare innovation; and
- provide job training and job placement opportunities for residents in the surrounding distressed community.
The Center will be:
- a destination for the development, testing, and implementation of innovative healthcare solutions with a focus on digital health and precision medicine; and,
- a state-of-the-art space for partners to collaborate, co-develop, pilot and validate solutions with access to Ochsner’s world-class physicians and diverse patient population.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           Planning and construction is expected to last approximately twenty months

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                 N/A
    
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                 

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               N/A

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
              

          Provide the name, address, and office of the official to whom the person is related:
               

          What is the nature of the relationship? 

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                 N/A

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               N/A


Contact Information
name:  Catherine Levendis 
                                       address:  Catherine Levendis
1450 Poydras Street, Suite 2220
New Orleans, LA 70112
                                       phone:  504-842-3228
                                       fax: 
                                       e-mail:  clevendis@ochsner.org
                                       relationship to entity:  Employee