Hacking Medicine - Healthcare Automation & Supply Chain
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Hacking Medicine - Healthcare Automation & Supply Chain Presentation Transcript

  • 1. H@cking Healthcare Automation & Supply Chain ZEN CHU @ACCELMED ENTREPRENEUR-IN-RESIDENCE MIT ENTREPRENEURSHIP CENTER HackingMedicine.MIT.edu
  • 2. HACKABLE INTERSECTION OF HIGH TECH & MED TECH High Hackability
  • 3. SCALE MEDICINE SO INCREDIBLY INEFFICIENT IDEAL FOR ENGINEERS BETTER FASTER CHEAPER
  • 4. HACKABLE MEDICINE VERY SEXY USING EXISTING TECH SAVE LIVES & COSTS IMMEDIATE IMPACT
  • 5. WHERE TO FOCUS?
  • 6. FOLLOW THE MONEY 62% of $2.3 Trillion = Hospitals & Docs 2008
  • 7. FOLLOW THE MONEY 62% of $2.3 Trillion = Hospitals & Docs 2008 BIGGEST PROBLEMS HOSPITALS PHYSICIAN PRACTICES
  • 8. $600+B WASTED! BAD CARE,FRAUD, INEFFICIENCY
  • 9. SUPPLY CHAIN & AUTOMATION HACKABLE EXAMPLES SMALL & LARGE
  • 10. LITERALLY WASTE MedWaste 20+X Cost of Regular Trash Smart Trashcans to Change Behavior
  • 11. PYXIS DRUG ATMs CONTROL ACCESS, REDUCE ERRORS, CHARGE, REPLENISH
  • 12. REPLACE SURLY STAFF ROBOTS STARTING TO ROAM HALLS
  • 13. AUTOMATE WHOLE PHARMACY 10K SCRIPTS/DAY, ZERO ERRORS, NO CONTAMINATION
  • 14. SIMPLE HACKS SAVE LIVES RADIATION ONCOLOGY ERROR LIABILITY SOLUTIONS NEEDED NOW 49% of Mistakes = Wrong Dose, Wrong Patient (NYT)
  • 15. STUDIES PROVE SPECIALTY HEALTHCARE FACTORIES SUPERIOR QUALITY & COST
  • 16. MUST EVENTUALLY SOLVE PEOPLE ISSUES… LIMITED BY HANDS, TIME, CAPACITY & COMMUNICATION
  • 17. STAR TREK COMMUNICATORS DYNAMIC COMMUNICATION INCREASES THROUGHPUT, SAFETY
  • 18. VOCERA INC VOICE BADGES
    • 90% Revenues from Hospitals
    • Cut bed assignment time from 3h > 18 min
    • 80% reduction in ER ambulance diversion in 6 months
    • $3M increase in annual net revenues
    • NOT FDA REGULATED!
  • 19. OPENTABLE DOC APPOINTMENTS ZocDoc Raised $50MM @ $700MM Valuation 07/2011
  • 20. DIGITIZED DATA PROMISE BETTER QUALITY, COST, QUANTITATIVE IMAGING TELERADIOLOGY
  • 21. DIGITAL ENABLES NEW BIZ MODELS AUTOMATE ALGORITHMS DISRUPT WORKFLOWS PEAK LOAD BALANCE PORTABILITY OVERSEAS
  • 22. DIGITAL PATHOLOGY SAME TRAJECTORY AS RADIOLOGY NOW COMING
  • 23. CALL TO ACTION VISIT HOSPITAL BASEMENTS MUST BE HACKED ACCELERATED IMPACT ZEN CHU @ACCELMED ZENVEN @ MIT . EDU SLIDESHARE.NET/MEDICALVENTURES