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Healthcare 2.0 - The Alluring Elixirs
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Healthcare 2.0 - The Alluring Elixirs

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This talk outlines opportunities, disruptions and innovations in Healthcare. Devices both consumer and medical, data science, and creative destruction of medicine (Doctors 2.0) will help create value ...

This talk outlines opportunities, disruptions and innovations in Healthcare. Devices both consumer and medical, data science, and creative destruction of medicine (Doctors 2.0) will help create value for patients, providers and payers!

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  • Botanical Cocktails: http://bartanica.com/
  • Venture funding in Digital startups is growinghttp://www.slideshare.net/RockHealth/2013-midyear-digital-health-funding-by-rockhealth-23728823?ref=http://rockhealth.com/2013/07/2013-midyear-digital-health-funding-update/https://www.pwcmoneytree.com/MTPublic/ns/nav.jsp?page=industry
  • The healthcare landscape is very complicated and often times very disjointed. Silos are characteristic of data in the HealthCare Ecosystem. When you get sick you go your family Physician who (if at all) stores data for your visit in a local electronic medical record system.  Your prescriptions get filled by a prescriptions network and Labs by the Lab network, which have their own interchange protocols and data standards. The payers or Health Plans pay for you visit using their own Electronic data interchange based standards. There are consumer service like WebMD which you use to get information from. And then there are the big Enterprise Hospitals which have a set of Silos themselves!
  • Interesting problems- How should data be viewed by physicians or medical professionals.
  • Cover data science for Patients (Quantified Self) : Doctors : Lab ReportsPayers (Community) : Flu TrendsData Sourceshttp://www.healthdataconsortium.org/data-sources
  • http://www.nature.com/news/when-google-got-flu-wrong-1.12413

Healthcare 2.0 - The Alluring Elixirs Healthcare 2.0 - The Alluring Elixirs Presentation Transcript

  • Healthcare 2.0 – Innovation & Disruption Opportunities THE ALLURING ELIXIRS @vaibhavb
  • THE ALLURING ELIXIRS Future Health Disruptions Innovations Opportunities
  • DIGITAL HEALTH FUNDING Over the past two years, there has been overall YoY funding growth of over 23% and deal growth of over 17%. Source: PwC Money Tree & Rock Health For first half of 2013 digital health funding growth is over 12% leading traditional healthcare but trailing software. 38% Medical Devices 12% -2% -29% -6% Bio Tech All Sectors Digital HealthSoftware 2013 vs. 2012
  • DISRUPTORS DIGITAL HEALTH Devices Data Science Digital Doctors Patients Providers Payers HealthCare 2.0 DRIVERS Drivers & Disruptors
  • MODERN HEALTHCARE IS EPISODIC
  • Data Islands
  • Hemodynamics Electronic Medical Record Mobile Data Labs Imaging Clinical Notes Pharmacy Medication Administration Procedure Documentation Orders Medication Dispensing CPOE Pathology Dictation Charting Nursing Workflow/ Documentation Cardiology OR Management Emergency Department ICU/Critical Care RIS PACS Image Distribution Advanced Analytics SILOS IN THE ENTERPRISE – “ON THE FLOOR”
  • Registration Document Imaging Bed Management Business Decision Support Financial/ERP Claims Management Contract ManagementEnterprise Scheduling Medical Records Coding Staff/Nurse Scheduling Transcription Revenue Management Call Management Access Management Purchasing Inventory Physician Practice Outcomes Management SILOS IN THE ENTERPRISE – “BEHIND THE SCENES”
  • PAPER FACTS It costs nearly $250 BILLION to process 30 BILLION healthcare transactions each year 86% of mistakes made in the healthcare industry are administrative Organizations, on average, make 19 COPIES of each document, spend $20 in labor to file each document and lose one of every 20 documents SOURCE: http://www.thepaperlessproject.com
  • SECURE INTERNET-BASED DIRECT COMMUNICATION • SIMPLE. Connects healthcare stakeholders through universal addressing using simple push of information. • SECURE. Users can easily verify messages are complete and not tampered with in travel. • SCALABLE. Enables Internet scale with no need for central network authority or multiple implementations. • STANDARDS-BASED. Built on common Internet standards for secure e-mail communication. Direct Project specifies a simple, secure, scalable, standards-based way for participants to send encrypted health information directly to known, trusted recipients over the Internet. b.wells@direct.aclinic.org h.elthie@direct.ahospital.org vaibhav@direct.healthvault.com
  • WEARABLE DEVICES – EMPOWERING THE CONSUMER
  • PERSONAL DATA SCIENCE
  • COMMUNITY DATA SCIENCE
  • PROVIDER DATA SCIENCE
  • DOCTORS 2.0
  • SOLVING DATA LIQUIDITY WITH BLUE BUTTON
  • DISRUPTORS DIGITAL HEALTH Devices Data Science Digital Doctors Patients Providers Payers HealthCare 2.0 DRIVERS THE ALLURING ELIXIRS..
  • STAY IN TOUCH! MIXOLOGIST, LIB13 AUTHOR, O’REILLY MEDIA DIRECTOR OF PRODUCT MANAGEMENT, OPTUM TWITTER – @vaibhavb E-MAIL – vaibhavb@vitraag.com BLOG – http://healthblog.vitraag.com ME – http://about.me/vaibhavb http://www.enablingprogrammableself.com