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Creating Patient & Economic Value
 

Creating Patient & Economic Value

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III Edició "The British Experience in Technologies for Health". Hospital de Sant Pau, Barcelona. 9 de novembre de 2011. Esdeveniment organitzat per la Fundació TICSalut i el Departament de Comerç i ...

III Edició "The British Experience in Technologies for Health". Hospital de Sant Pau, Barcelona. 9 de novembre de 2011. Esdeveniment organitzat per la Fundació TICSalut i el Departament de Comerç i Inversions del Consolat General Britànic a Barcelona, UK Trade & Investment, per posar en contacte oportunitats i coneixements entre el Regne Unit i Catalunya.

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  • For 7 years, market failed to produce a solution via traditional procurement routes Approached NIC and we ran a WIBGI Once needs had been assessed we ran competition. Appointed two contractors who took two products through to prototype. One was selected and now with OJEC to find manufacturing partner
  • Conventional treatment for varicose veins can be painful, time-consuming and expensive with about a third of all patients require an overnight stay in Hospital. Recovery can take several weeks. The VNUS Closure® Procedure is minimally-invasive and carried out under local anaesthetic, Does not require an operating theatre, A hospital stay of just a couple of hours, Has much faster recovery time; patients can usually walk out of the treatment room unaided and are usually able to return home and  resume work within a day with little or no pain, The procedure that is much less resource-intensive than surgery. By not using theatre time the NHS is free to treat other serious conditions more quickly and so reduce waiting-times. Availability: the procedure is currently used in over 60 Trusts across England Mike Branagan-Harris was the MD of VNUS Closure. He now heads UK MedTech Market Access & Reimbursement, advising companies on how to get their products into the NHS. Here is Mike sharing some of his experience s and thoughts
  • Replaces traditional finger stick testing of blood glucose Hand held non-invasive device shines a beam into the eye to take a reading Socially acceptable, painless and fast Potential annual savings of more than £100 million Lein Diagnostics was a spin out from Reading University of Reading. Here MD, Dr Dan Daly, talks about his experiences.
  • Trains in skill of piercing veins - venepuncture Use sensation of touch – highly realistic! Ensures more comfortable procedure for patient because staff are skilled Saves NHS estimated £20 million in disposables Add up to date company info Here is MD, Gary Todd, talking about how the NIC helped him

Creating Patient & Economic Value Creating Patient & Economic Value Presentation Transcript

  • Creating Patient & Economic Value Jonathan Wong
  • What we do
    • Support the develop of innovations for UNMET NEEDS
        • The starting point for everything we do
    • Focus on pre-commercial technological innovation development
      • Innovations in early stage development
    • Collaboration (National & International)
      • Europe, The Americas, Asia
    • Innovation Management Systems
      • Blended online and offline services
  • The NHS
    • Nationwide, the NHS employs more than 1.5 million people.
    • 100’s of different organisations operating nationally, regionally and locally.
    The Problem
    • The UK economic downturn and large budget deficit means that the NHS needs to save £15 to £20 billion.
    The Solution
    • Develop innovation to increase the quality of patient care, reduce costs and stimulate economic growth.
  • How we do it Define Need Design Solution Develop Opportunity Demonstrate Benefit Distribute Product
    • Wouldn’t it Be Great if…
    • Statement of Clinical Need
    • Scorecard
    • NHS Key Informants
    • Innovation Surgeries
    • NIC investment
    • Brokerage to:
    • Economic analysis
    • Collaboration partners
    • Appropriate Govt/public sector
    • Funding
    • Brokerage to:
    • Clinical Champions
    • Contacts for trials
    End user engagement throughout whole development process (increases the likelihood of adoption & diffusion)
    • Auctions
    • NHS Supply Chain
  • Benefits of a multi-stage approach
    • Allows proportionate spend profile: e.g. small spend on front-end de-risking of R&D without commitment to large spend on volume production
    • Avoids becoming ‘locked-in’ to any specific supplier for the whole life of the development - different skills required at different stages
    • Allows go/no-go decisions on project continuation - useful where several different approaches are being explored (e.g. PCP)
    • Puts you in control of rate of progress – speeds time to market
  • New Blood and Transfusion Donor Chair
    • For 7 years, market failed to produce a solution via traditional procurement routes
    • Approached NIC and we ran a WIBGI
    • Once needs had been assessed we ran competition (Pre-commercial Procurement)
    • Appointed two contractors who took two products through to prototype.
    • One was selected and now with OJEC to find manufacturing partner (Forward Commitment)
  • VNUS Closure
    • Conventional treatment for varicose veins can be painful, time-consuming and expensive. Recovery can take several weeks.
    • The VNUS Closure® Procedure is minimally-invasive and carried out under local anaesthetic. Patient walks home after procedure.
    • We set up trials and assessed the economic and patient value of the procedure. This evidence helped with the diffusion of the innovation.
    • The procedure is currently used in over 100 Trusts across England.
    • Potential £17mil per annum saving.
  • NHS Temporary Side Room
    • We worked with SME’s from unmet needs assessment through to final product development engaging with all key stakeholders throughout the process.
    • NHS saving of £4,000 per HCAI avoided.
  • Virtual Reality Training Solutions in Venepuncture
    • Trains in skill of piercing veins – venepuncture.
    • Uses sensation of touch – highly realistic!
    • We supported the company to develop their innovation a matter of weeks before they were about to go in liquidation.
    • Now have an international order book worth £70mil.
    • Saves NHS estimated £20mil per annum in disposables.
  • Non-invasive Glucose Meter
    • Improve control, removes the pain of finger-pricking and cut costs by creating a mobile phone-sized device that reads sugar levels by simply scanning the eye.
    • We fast-tracked their technology, helping with funding and opening doors to break down the bureaucracy.
    • We also brokered introductions to international markets.
  • The Benefits
    • Value to the economy:
    • The NIC supports innovators to develop innovative solutions to patient and staff needs. With the support of the NIC, a number of innovations have been able to attract significant funding (£350mil).
    • Potential Value to NHS:
    • The NIC has supported the development of innovations that would improve the quality of the patient experience and generate potentially significant cost savings to the NHS (£240mil).
  • Supporting the adoption of innovation
  • Key Messages
    • Economic stimulation is important but, for public authorities, genuine procurements of current unmet or future anticipated needs must come first.
    • Collaboration spreads risk and increases capacity and capability.
    • Innovation development releases you from the constraints of ‘what is available today’.
    • Bring new players into traditional markets.
    • Innovation development can raise quality performance levels whilst driving down cost.
    • Thank You!