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Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity
 

Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity

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Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity

Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity

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    Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity Connecting Medical Devices to People, Workflow & Information Systems - Transition to Connectivity Presentation Transcript

    • Transition to Connectivity4th Annual Medical Device Connectivity Conference & Exhibition, Boston 1
    • Transitions in Healthcare Dependent upon Transition to Connectivity From... ...ToOne Size Fits All APPROACH Individualized MedicineFragmented, One-way INFORMATION FLOW Integrated, Two WayProvider Centric FOCUS Patient CentricCentralized, Hospital-based LOCATION Decentralized, Community-basedFragmented, Specialized TREATMENT Collaborative, Shared InformationBased on Individual Expert DECISION MAKING Based on Protocols and AnalyticsTreating Sickness OBJECTIVE Preventing Sickness (Wellness) Source: Frost & Sullivan analysis. 2
    • Connected Environments Will Serve as the Infrastructure for ThatTransition More Emphasis on Diagnosis, Monitoring, and Prevention Healthcare Spending by Type of Activity 100% 10 12 16 90% 80% 70% The effectiveness of this shift 60% towards Diagnosis and 66 51 Monitoring will depend to a large 70 extent on the Connected Health 50% Infrastructure 40% 30% 20% 21 15 17 10% 12 5 7 0% 2007 2012 2025 Prevention Diagnosis Treatment Monitoring Source: Frost & Sullivan analysis 3
    • The Connected Health Ecosystem – The Big Picture Connected Health Systems, Segmentation, Global, 2012• Video Diagnostic • Home and Disease Consultation Management Monitoring• Remote Doctor/Specialist • Activity Monitoring   ¤ ¡ ¢ £ ¡ Services • Diabetes Management ¥ § § ¤ £ ¦ £ ¨ ¦ ©• Distance • Wellness Programs Learning/Simulation • Remote Cardiac ECG• Retail Telehealth • PERS• TeleImaging • Medication Management " §  ¡ £ !      ¤ ¡ ¡ ¢ ¡ ¢ ¡  § §  ¦ ¡• Electronic Health Records • Professional (EHR) Apps• Health Information Exchange • Wellness Apps (HIE) • Fitness Apps• Patient Portals  §  §   ¤      ¡ • Texting    ! ¤• Hosted Cloud Infrastructure ¡    ¡ ¨ Informational• Medical Device Services Interoperability Source: Frost & Sullivan analysis. 4
    • Aligning Goals of Stakeholders• Monetizing Connected • Improve Delivery of Care Services • Improve Workflow I• Industry Collaboration on • Identify Administrative I• Tracking Utilization W Waste Medical Device Healthcare Manufacturers Providers Payors/ Patients Regulators• Patient Empowerment nt • Collect and Analyze Big• Improved Outcomes Data• Quality of Life • Eliminate Unnecessary T Treatments and Care 5
    • Professional Consumer Spectrum• An essential part of assessing a client on this spectrum is knowing who the customer is.• Understanding where your product is or wants to be is essential in understanding the value of a product. Telehealth Industry: Professional Consumer Spectrum, North America, 2012 FDA Approval Reimbursed Direct Payment Physicians Nurses Case Managers Motivated Self Care Giver Consumer Source: Frost & Sullivan analysis. 6
    • Key Influencers in the Near Term To Adoption HHS Low High Health Quality Outcomes and Research Low High Regulatory Agencies Low High HMO’s-VHA Low High •HTA & MDPnP Low High Provider Organisations Low High Medical Device Manufacturers, GPO’s Low High Insurance Low HighKey Takeaway: The medical device manufacturers need to take ownership as they are the keyagents who would promote and produce interoperable medical devices and would createawareness among the clinicians by highlighting benefits.. Source: Frost & Sullivan Analysis 7
    • Leveraging Industry Feedback in Development of Tools and Services How are the priorities for Factors evaluated during product selection product specifications defined? Mean rating Mean on a rating 1-5 Awareness about the needs of interoperability Do insurance companies influence adoption and directives for interoperability among clinicians? of interoperable devices? Source: Frost & Sullivan Survey 8
    • Prioritize and Plan Adoption Timeline ƒ Organize cross functional team to evaluate the complete spectrum of connected health and Phase 1 interoperable medical device solutions. Target specific departments/services. ƒ Develop method for down selecting technologies based on ease of integration, Phase 2 relevancy to institution needs, and financing considerations. • Execute strategy, build case studies, maximize Phase 3 utilization, make future acquisitions that enhance existing platform. 9
    • Technology TrendsSelect upcoming technology trends in the field of medical device connectivity Infusion Pumps, Respirators, and other equipment capable of adjusting therapy based on patient health. Adaptive TherapyAsset and Supply Track medical devices and other resources through the Tracking entire supply chain. Implants, supplies, capital equipment. From OEM, to distributor, to hospital, and reprocessing.. Systems capable of analyzing large patient data sets to Analyzing Big help optimize care and diagnosis. Data Support for aging in place. Providing patients and their loved Healthcare ones the ability to track health metrics. Everywhere 10
    • Connected Health 2020- Augmented Reality Surgery Bone Fractured Avoid Artery In Insert Pin Here Ligament Damage 11
    • Connected Health 2020- Custom ImplantsUnique Patient 3D Imaging 3D Printer Custom Implant 12
    • Connected Health 2020- Health Enabled Vehicles •Connectivity to in home wellness and monitoring devices.•Emergency alertsand patient historysent to hospital •OnStar likeahead of arrival. connectivity to live network of health professionals to discuss various mental and •In vehicle alerts physical health including: allergy, needs. blood sugar, fatigue. •Automatic vehicle take over and stabilization in event of distress. 13