Healthcare Technology Convergence: Smart Consumers Meet Care Delivery of the Future


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Fujitsu Labs of America Technology Symposium 2011
Healthcare Technology Convergence: Smart Consumers Meet Care Delivery of the Future
June 01, 2011

Welcome and Opening Remarks - Hitoshi Matsumoto, President & CEO, Fujitsu Laboratories of America

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  • Copyright 2010 FUJITSU LIMITED Welcome to our 5 th annual Fujitsu Laboratories of America Technology Symposium! I’m Hitoshi Matsumoto, President and CEO of Fujitsu Laboratories of America. We’re headquartered here in the Silicon Valley, where we support the Fujitsu Global R&D mission to create tomorrow’s ubiquitous networking world. Fujitsu is the world’s third largest IT services provider and number one in Japan, with annual revenue of $50 billion.
  • To achieve our R&D roles, we leverage our location here to develop an innovation ecosystem based on our “networked and open” approach. [ click ] This requires us to practice “open innovation” and to cultivate our human networks and collaborate with others like you. As our Fujitsu brand promise suggests, we’re “shaping tomorrow with you” and need your help to solve the bigger challenges of the 21 st century. That is why we’re gathered here today as we do each year to discuss the important paradigm shifts impacting society that can be helped by our innovative solutions. Today, our theme is “Healthcare Technology Convergence: Smart Consumers Meet Care Delivery of the Future”. We plan to explore the convergence of many emerging forces that are shaping healthcare and the way it is delivered to a public that is growing smarter as it uses ICT to record and access information and resources anytime/anywhere.
  • Copyright 2010 FUJITSU LIMITED We all know healthcare costs are spiraling out of control. The industrial revolution brought us a new prosperity with many great advances, including better health. Yet, we find in recent decades, our evolution has taken a turn for the worse. [ click ] Overall quality of health globally is in decline as chronic conditions affect more of our population and impact our productivity and quality of life. Chronic conditions are responsible for 75% of US health costs and $1 trillion in productivity losses. In the U.S., obesity alone costs employers an estimated $45 billion per year. Many of these conditions are related to lifestyle and environment, and are largely preventable. [ click ] Today, we’ll focus on the emergence of informed “smart consumers” and how they might reverse this trend by leveraging sensors, mobile devices, social networks and other ICT solutions to take charge of their health, and explore how this “participatory medicine” may impact care delivery in the future. Recently, we’ve been hearing inspiring stories about people like “e-Patient Dave” DeBronkart, [ click ] who was diagnosed with kidney cancer and given 24 weeks to live. He refused to accept his diagnosis, and turned to the Internet to find resources and others to connect with on the subject, where he found both the information and the inspiration to beat his disease. As social networks, sensors, and mobile apps converge, we’re finding more e-Patients like Dave getting empowered, engaged, equipped and enabled to create and manage their own health. In this new world of participatory medicine, we expect the relationship between patient and health care providers will change, and impact the future of care delivery and the economic models that sustain it. Benjamin Franklin once said, “An ounce of prevention is worth a pound of cure”, yet our models of healthcare could be described more accurately as “sickcare” – waiting until we’re diagnosed as chronically ill before doing anything. If we truly value our health as our wealth, we’ll need to find new business models and incentive structures that reward healthy lifestyles and environment, and better utilize the technologies of the information age that put the human front and center.
  • At Fujitsu, we refer to this approach as the “Human Centric Intelligent Society”. By adopting a human centric approach, we address many social challenges, and open new realms of possibilities by partnering across many inter-connected industries, including agriculture, energy, transportation, media, retail, and healthcare. We’re developing and collaborating to deliver these solutions by leveraging everything from “chips to the cloud”, from sensor networks to social networks. As we discussed at our previous events, we strive to help our customers and society achieve a healthy “triple bottom line”, which includes a healthy planet, healthy people, and healthy profits. We believe ICT can help this transformation if we design our solutions in harmony with nature and human biology, and shift our business models from industrial age models to information age models. We have a diverse lineup of visionaries joining us today to talk about this transformation - from government, academia, and the healthcare and ICT industries. We hope to discuss the challenges and opportunities that lie ahead, and explore how we can leverage technology to transform our system to one that values our health as our wealth. We hope to find more people like e-Patient Dave become self-trackers who have a healthy dialog with their healthcare providers, in a system that empowers, engages, equips, and enables us all to reduce healthcare costs while improving our collective health and wellness. Copyright 2010 FUJITSU LIMITED
  • Copyright 2010 FUJITSU LIMITED Thank you again for joining us today. We expect this to be a very interactive day, and we look forward to “shaping tomorrow with you”! I would now like to introduce our Master of Ceremonies for the day, Paul Blackburn. Paul is the Senior Vice President of Fujitsu Consulting, where he currently co-leads Fujitsu's Global Healthcare Community with Dr. Lester Russell (who will be moderating a panel this afternoon). We’re very pleased to have Paul join us today as our MC: Paul?
  • Healthcare Technology Convergence: Smart Consumers Meet Care Delivery of the Future

    1. 1. Fujitsu Laboratories of America Technology Symposium 2011 Healthcare Convergence: Smart Consumers Meet Care Delivery of the Future Hitoshi Matsumoto President and CEO Fujitsu Laboratories of America June 1st, 2011 Copyright 2011 FUJITSU LIMITED
    2. 2. Networked and Open <ul><li>Networked </li></ul><ul><ul><li>Working closely with partners in our innovation ecosystem </li></ul></ul><ul><li>Open Innovation </li></ul><ul><li>Annual Symposia </li></ul><ul><ul><li>2007: “Monetary and Social Economics of Information Sharing” </li></ul></ul><ul><ul><li>2008: “Full Circle of Trust: Technology, Economics, and Social Implications of Trust and Security” </li></ul></ul><ul><ul><li>2009: “Cloud Computing: Beyond the Hype” </li></ul></ul><ul><ul><li>2010: “Smart Grid: When Energy Meets the ‘Internet of Things’” </li></ul></ul><ul><ul><li>2011: “Healthcare Convergence: Smart Consumers Meet Care Delivery of the Future” </li></ul></ul>Copyright 2011 FUJITSU LIMITED Copyright 2011 FUJITSU LIMITED
    3. 3. <ul><li>The Health Crisis </li></ul><ul><ul><li>75% of health costs in US attributable to chronic conditions which are largely preventable </li></ul></ul><ul><ul><ul><li>lifestyle choices and environment have big impact </li></ul></ul></ul><ul><li>DIY Healthcare </li></ul><ul><ul><li>Information and Communications Technologies (ICT)  informed and inspired “self-trackers” </li></ul></ul><ul><ul><li>Anytime/anywhere access to knowledge and support </li></ul></ul><ul><ul><li>Participatory medicine </li></ul></ul><ul><ul><ul><li>Empowered, engaged, equipped, and enabled </li></ul></ul></ul><ul><li>Shifting Economic Paradigms </li></ul><ul><ul><li>“ An ounce of prevention is worth a pound of cure” - Benjamin Franklin </li></ul></ul><ul><ul><li>Industrial Age  Information Age </li></ul></ul><ul><ul><li>Can ICT improve quality of life while reducing costs? </li></ul></ul><ul><ul><ul><li>“ Sickcare”  healthcare </li></ul></ul></ul><ul><ul><li>Our health is our wealth </li></ul></ul><ul><ul><ul><li>Business models and incentive structures that reward healthy lifestyles and environment </li></ul></ul></ul>Emergence of the Smart Consumer Copyright 2011 FUJITSU LIMITED Source: MIT/Stanford Venture Lab Source: The Economist, 2003 Source:
    4. 4. Fujitsu Human Centric Approach Copyright 2011 FUJITSU LIMITED More Details: Kazuo Murano, PhD, “ Towards the Human-Centric Intelligent Society ”, November, 2010
    5. 5. Copyright 2010 FUJITSU LIMITED