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Hacking Medicine - Healthcare Automation & Supply Chain

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Hacking Medicine - Healthcare Automation & Supply Chain

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

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