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Top 5 Impactful Healthcare Leaders to Watch in September 2023

In this edition of Insights Care, ‘Top 5 Impactful Healthcare Leaders to Watch in September 2023, you will discover Leading Healthcare Leaders

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Data-Driven
Leadership
Leveraging Analytics
for Improved Healthcare
Decision-Making
Ken
Dychtwald, PhD
Healthy Longevity at the Tipping
Point: A Five-Part Solution
Hlthre
Leadeto Watch
in 2023
Top 5 Impactful
September
Issue 02
2023
Ken Dychtwald, PhD
Founder & CEO
Age Wave
Leading the
Transformation
Strategies for Healthcare
Leaders in a Changing
Landscape
Be er Health and
a better way of life.
Top 5 Impactful Healthcare Leaders to Watch in September 2023
Note
n a world where healthcare stands as a beacon of hope
Iand resilience, we are pleased to bring you the latest
edition of Insights Care, showcasing the "Top 5
Impactful Healthcare Leaders to Watch in 2023." This issue
is a witness to the tireless efforts of individuals who have
dedicated their lives to preserving health while paving the
way for progress in the ever-changing healthcare system.
As we navigate these transformative times, it is critical to
recognize the importance of preserving the core values of
healthcare. Our featured leaders embody this spirit as they
work relentlessly to ensure that quality patient care remains
at the forefront of their missions. From groundbreaking
research to compassionate patient interactions, these leaders
demonstrate firm dedication to preserving the fundamental
principles of medicine.
However, progress is equally vital, especially in an era
where technology and innovation are reshaping healthcare
as we know it. The leaders we present to you preserve the
essence of healthcare and drive forward, propelling us into
a promising future. Their innovative approaches, whether
through digital health solutions, novel therapies, or
enhanced patient engagement, reshape the healthcare
landscape.
We firmly believe that showcasing these healthcare leaders
can inspire others to join in preserving the best of
healthcare while embracing progress. Their stories serve as
signs of hope, illustrating that dedication, innovation, and a
commitment to excellence can lead to transformative
changes in healthcare.
We hope this edition of Insights Care will inform and ignite
your passion for healthcare preservation and progress. As
we celebrate these remarkable leaders, we invite you to
reflect on how you can contribute to the noble cause of
enhancing healthcare for all.
Hope you have an inspiring read!
-Pooja Shah
Pja Sh
Preservation
and Progress
18
Shai Policker
Pioneering the Future
of Healthcare
28
Stéphane Woerly
Leadership in
Neurotechnology for
Spinal Cord Innova on
32
Strategies for Healthcare
Leaders in a Changing Landscape
Leading the Transformation
Leveraging Analy cs for
Improved Healthcare
Decision-Making
Data-Driven Leadership
22
Articles
C
O
N
T
E
N
T
S

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Top 5 Impactful Healthcare Leaders to Watch in September 2023

  • 1. Data-Driven Leadership Leveraging Analytics for Improved Healthcare Decision-Making Ken Dychtwald, PhD Healthy Longevity at the Tipping Point: A Five-Part Solution Hlthre Leadeto Watch in 2023 Top 5 Impactful September Issue 02 2023 Ken Dychtwald, PhD Founder & CEO Age Wave Leading the Transformation Strategies for Healthcare Leaders in a Changing Landscape
  • 2. Be er Health and a better way of life.
  • 5. n a world where healthcare stands as a beacon of hope Iand resilience, we are pleased to bring you the latest edition of Insights Care, showcasing the "Top 5 Impactful Healthcare Leaders to Watch in 2023." This issue is a witness to the tireless efforts of individuals who have dedicated their lives to preserving health while paving the way for progress in the ever-changing healthcare system. As we navigate these transformative times, it is critical to recognize the importance of preserving the core values of healthcare. Our featured leaders embody this spirit as they work relentlessly to ensure that quality patient care remains at the forefront of their missions. From groundbreaking research to compassionate patient interactions, these leaders demonstrate firm dedication to preserving the fundamental principles of medicine. However, progress is equally vital, especially in an era where technology and innovation are reshaping healthcare as we know it. The leaders we present to you preserve the essence of healthcare and drive forward, propelling us into a promising future. Their innovative approaches, whether through digital health solutions, novel therapies, or enhanced patient engagement, reshape the healthcare landscape. We firmly believe that showcasing these healthcare leaders can inspire others to join in preserving the best of healthcare while embracing progress. Their stories serve as signs of hope, illustrating that dedication, innovation, and a commitment to excellence can lead to transformative changes in healthcare. We hope this edition of Insights Care will inform and ignite your passion for healthcare preservation and progress. As we celebrate these remarkable leaders, we invite you to reflect on how you can contribute to the noble cause of enhancing healthcare for all. Hope you have an inspiring read! -Pooja Shah Pja Sh Preservation and Progress
  • 6. 18 Shai Policker Pioneering the Future of Healthcare 28 Stéphane Woerly Leadership in Neurotechnology for Spinal Cord Innova on 32 Strategies for Healthcare Leaders in a Changing Landscape Leading the Transformation Leveraging Analy cs for Improved Healthcare Decision-Making Data-Driven Leadership 22 Articles C O N T E N T S
  • 7. Ken Dychtwald, PhD Healthy Longevity at the Tipping Point: A Five-Part Solu on 08 Cover Story
  • 8. Copyright © 2023 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights success. Reprint rights remain solely with Insights Success Media and Technology Pvt. Ltd. Insights Care is powered by Insights Success Media and Technology Pvt. Ltd. September, 2023 sales@insightscare.com Follow us on : www.facebook.com/InsightsCare/ https://twitter.com/Insightscare Contact Us: Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - +1614-602-4132 Email: info@insightscare.com For Subscription: www.insightscare.com Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Office No. 512, Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027. Phone - India: 7410033802, 8956487823 Email: info@insightscare.com For Subscription: www.insightscare.com Editor-in-Chief Chidiebere Moses Ogbodo Managing Editor Pooja Shah Executive Editor Nisha Mehra Visualiser David King Art & Design Head Mrunalinee Deshmukh Co-designer Paul Belin Art & Picture Editor Deepanjali Jena Business Development Manager Emily Jones Marketing Manager Bill Thompson Business Development Executives Anna Smith, Jack Miller Sales Executives Mike, Carl, John Technical Head Jacob Smile Assistant Technical Head Prashanth Hiremath Technical Consultants David, Robert Digital Marketing Manager Alina Sege Assistant Digital Marketing Manager Sagar Lahigade SME-SMO Executives Gemson Research Analyst Eric Smith Circulation Manager Tanaji Fartade We are also available on :
  • 9. Brief Company Featuring Person Ken Dychtwald Founder and CEO Age Wave agewave.com Since 1986, Ken has been the Founder and CEO of Age Wave, an acclaimed think tank and consultancy focused on the social and business implications and opportunities of global aging and rising longevity. Shai Policekar CEO MEDX Xelerator medxelerator.com In the last 20 years, Shai has been leading development, clinical validation and commercialization of innovative medical devices for various indications. He is an inventor of over 40 issued patents. Rom Mendel CEO Optinova optinova.com Rom Mendel is an experienced Executive and leader from international MedTech, Life science and technology companies. Tzali Cnaani CEO Carmel Diagnostics Ltd carmel-diagnostics.com Tzali Cnaani has a proven track record in all facets of leading R&D and businesses, from inception to fund raising, product strategy, operations and sales management. Stéphane Woerly President & Chief Medical Officer NeuroBioMat neurobiomat.com Stéphane Woerly brings more than 30 years of experience in the field of biomaterials, biotechnology, and regenerative medicine. Hlthre Leadeto Watch in 2023 Top 5 Impactful
  • 10. Ken Dychtwald, PhD Healthy Longevity at the Tipping Point: A Five-Part Solution As the Founder and CEO of Age Wave, Ken has dedicated his career to understanding and addressing the challenges and opportunities presented by the aging population. Cover Story
  • 11. Ken Dychtwald, PhD Founder & CEO Age Wave
  • 12. The world has reached a critical juncture, facing a pressing issue that demands immediate attention: the escalating challenge of unhealthy aging. As our population ages at an unprecedented rate, societies around the globe find themselves at a tipping point. The implications of this growing problem encompass not only social and economic aspects but also profound healthcare, marketing, financial, and workforce considerations. Having immersed himself in these dynamic issues for nearly fifty years, Ken Dychtwald, Ph.D., has emerged as North America's foremost visionary and original thinker regarding the social, economic, healthcare, marketing, financial, and workforce implications of the "age wave"—a term he coined in the 1980s. In this exclusive article for Insights Care Magazine, Ken Dychtwald shares his provocative views about how to heal our ailing healthcare system. Let's delve into it to know more! Birth of a Visionary Ken is a multidimensional personality. In addition to being the Founder and CEO of Age Wave, he is a psychologist, gerontologist, documentary filmmaker, and best-selling author of 19 books. Some of his noteworthy works include 'What Retirees Want: A Holistic View of Life's Third Age,' 'Radical Curiosity: My Life on the Age Wave' and bestseller, 'Age Wave: The Challenges and Opportunities of an Aging America.' With an impressive client list that encompasses more than half the Fortune 500, Ken has established himself as one of the most sought-after experts in the fields of aging and longevity and their related domains. Journey of Revolutionizing Healthcare In the late 1960s, as mass media and mind-expanding education began, Ken's journey in transforming healthcare also began with the anti-authoritarian attitudes of his generation—the Baby Boomers who were being taught to question authority. What emerged was an anti-authoritarian mood; a rebellion against militarism, materialism, gas- guzzling cars, the sexual mores of our parents' and grandparents' generations, and even medicine. Women (led in the late 1960s by the Boston Women's Health Collective) and then men, began to believe that people should have knowledge about and control of their own bodies. Hoping to make a positive impact on this, a group of people—including Gay Luce Ph.D., Eugenia Gerrard M.A., Ken Pelletier Ph.D., M.D., Len Duhl M.D., and Ken—came together in the early 1970s in Berkeley, California and formed a study council to create a new mashup of mind/body medicine. They called this holistic health. Ken was 24, completing his doctorate on the 'Psychology of the Body' and writing his first book 'Bodymind'. Around the same time, a young California physician named John Travis, who trained at Tufts and Johns Hopkins, found himself inspired by psychologist Abraham Maslow's innovative suggestion that one didn't have to be mentally ill to focus on being more mentally well. Travis applied that notion to medicine and popularized the word wellness. In subsequent years, a flow of inventive and high-minded people worked to pursue a new health paradigm. Dr. Dean Ornish followed up on Pritikin's diet with a more comprehensive program of nutrition, yoga, meditation and supportive group co-counseling sessions. Dr. Andy Weil conjured integrative medicine, Dr. Deepak Chopra attempted to blend an east/west approach and Mark Hyman was crafting functional medicine. Now, in the far more entrepreneurial, capitalistic era—driven by the aging of the Boomers—there is a new spectrum of skin preparations, hormone therapies, vitamins, bio-hacks, prepared meals, pillows, mantras, brain hacks, self-help apps, and exercise technology, along with books and seminars. Ken says, "Over the past 50 years, I have heard and seen a thousand different experts make the case that they've got the secret sauce or treatment that can cure almost everything." The "age wave" has emerged as a powerful force shaping society, the economy, healthcare, and various other sectors around the globe. As the Founder and CEO of Age Wave, Ken has dedicated his career to understanding and addressing the challenges and opportunities presented by the aging population. Coined by Ken in the 1980s, the term, "age wave", refers to the unprecedented demographic shift caused by the aging of the Baby Boomer generation and its subsequent impact on different aspects of life. In this context, Ken stands as a visionary and original thinker, offering profound insights into the social, economic, healthcare, marketing, financial, and workforce implications of the "age wave". Top 5 Impac ul Healthcare Leaders to Watch in 2023
  • 13. Health, Science and Sociology: An Evolving Relationship Over the years, healthcare has made significant strides, leading to a decline to the acute infectious diseases and a rise in life expectancy. Until relatively recently, most people died swiftly and relatively young of infectious diseases, accidents, or childbirth. Twentieth-century breakthroughs in healthcare aided in eliminating many of those threats. The death rate from tuberculosis—one of the leading causes of premature death a century ago—has been reduced by more than 99 percent. Similarly, once-fatal illnesses such as measles, streptococcal infections, pneumonia, influenza, whooping cough, syphilis, typhoid, and diphtheria, are no longer major epidemic diseases. When the first U.S. Census was taken in 1790, half the population was under the age of 16 and less than two percent were 65 and older. As a result, society was not concerned with the health needs of its aging citizens. During the past century, advances in public health and sanitation, medical diagnostics, pharmaceuticals, surgical techniques, and nutrition have eliminated many acute problems or infectious diseases that once caused premature death. However, the focus has been on prolonging lifespan rather than healthspan. Ken emphasizes the need to align health span with lifespan, as the later years should not be th dominated by illness and suffering. He shares, "In the 20 century, average life expectancy increased by 29 years, but for many older adults, the later years are a time of illness, pain, disability and suffering. Today, the average American will spend 12.4 years (16 percent of their lifespan) living with a disability or disease." According to the World Health Organization, 58 countries can boast a higher life expectancy than the U.S., ranging from Switzerland to Japan, New Zealand to Peru and Hungary to China.
  • 14. The relatively mediocre rating is not because of inadequate funding. Each year, the U.S. devotes an increasing percentage of its resources to health care. In 1960, healthcare expenditures were five percent of the gross domestic product (GDP). By 2020, healthcare spending in the U.S. was estimated at 20 percent of the GDP. As the Baby Boomers age and the demographic landscape changes, the intersection of health, science and sociology becomes increasingly crucial in addressing the challenges posed by unhealthy aging. At the Tipping Point: Addressing Unhealthy Aging Ken firmly believes that the world has reached a tipping point, necessitating bold action to address unhealthy aging. In his book 'Radical Curiosity: My Life on the Age Wave', he presents a five-part solution to create healthy longevity for everyone, ensuring a better quality of life in the later years. Ken says, "We need to create a new healthy longevity vision and infrastructure. Below is my recommended five-part solution for creating a scientific grand concerto to create healthy longevity for everyone." Solution 1: Gerontology and Geriatrics Expertise To cater to the aging population's unique needs, Ken advocates for recruiting and training healthcare professionals with expertise in gerontology and geriatrics. Despite the demographic shift, the number of geriatric specialists remains significantly low. By prioritizing and incentivizing these fields, society can better care for its older adults, reducing costs and improving overall health outcomes. Ken shares, "Medicare is the largest funder of medical residency training in the U.S. Yet only 315 medical residents (out of around 148,000 medical residencies that Medicare helped to support) specialized in geriatrics during the academic year 2021-2022. This statistic is insane – almost criminal." He also emphasizes improvement in care, "If we required physicians, nurses and other health professionals to attain basic geriatric competencies in order to be eligible for reimbursement, geriatric skills would swiftly improve, mistakes and do-overs would shrink; and we'd have better- cared-for elders at a far lower cost."
  • 15. Ken is a multidimensional personality, a psychologist, gerontologist, documentary filmmaker and best-selling author of 19 books. Some of his noteworthy works include 'What Retirees Want: A Holistic View of Life's Third Age', 'Radical Curiosity: My Life on the Age Wave' and 'Sages of Aging: A Guide for Changemakers'. Solution 2: Harnessing the Power of Medicine, Technology and AI Ken says, "Since there might be thousands of biomarkers to measure and thousands of ways to improve one's health, how can every individual doctor know which approach or combination of approaches will get the best results? It's not humanly impossible." Exponential advances in artificial intelligence and machine learning offer a promising path to precision medicine. By leveraging AI and extensive data on individual biomarkers and outcomes research, a personalized approach to health management can be developed, improving the overall effectiveness of medical treatments and interventions. He shares, "Utilizing AI and possibly ChatGPT, it will become possible to make sense of thousands—even millions—of individual biomarkers and then, like a kind of Health Waze, provide direction to every individual so that they can live better longer." Solution 3: Prioritizing Prevention and Wellness One seldom-discussed problem with our healthcare system is that many men and women take poor care of themselves on the way to maturity and old age. Unhealthy behaviors are not unique to the elderly, but the older we get, the more problematic they are. Lack of proper self-care hurts our elders, their families and the economy. Talking about the facts, Ken shares, "According to the CDC, only 15 percent of men and 11 percent of women age 65 and over meet the physical activity guidelines for aerobic and muscle-strengthening activities, approximately two-thirds of those age 65 and older are overweight or obese and more than eight percent of the elderly still smoke."
  • 16. Creating age-friendly living environments and communities is essential to support healthy aging. Ken advocates for reimagining housing, transportation and urban planning to cater to the needs of older adults. Prevention and wellness play a pivotal role in promoting healthy longevity. Ken emphasizes the need to shift the focus from reactive healthcare to proactive measures that prevent diseases and promote well-being. This includes implementing policies and programs that prioritize preventive screenings, lifestyle modifications and health education from an early age. Regular exercise, proper nutrition, maintaining a healthy body weight, not smoking and limiting alcohol intake can improve lifespan by an estimated 12-14 years. Maintaining a healthy lifestyle can reduce heart disease, hypertension, non-insulin-dependent diabetes mellitus, colon cancer and osteoporotic fractures—the most common diseases of aging. Healthy behaviors have also been shown to increase bone mass, mineral content and lean muscle mass; improve metabolic rate, balance, coordination, strength, elimination efficiency, and heart/stroke volume fostering a sense of well-being. By investing in prevention and wellness, society can reduce the burden of chronic diseases and enhance the overall health of individuals as they age. Solution 4: Redesigning Living Environments and Communities Creating age-friendly living environments and communities is essential to support healthy aging. Ken advocates for reimagining housing, transportation and urban planning to cater to the needs of older adults. This includes designing accessible and inclusive housing options, promoting walkability, ensuring transportation options for older adults and fostering intergenerational social connections and community engagement. By creating environments that enable independence, social interaction and access to necessary services, older adults can maintain their well- being and lead fulfilling lives.
  • 17. Solution 5: Develop a Humane Approach to the End of Life th Until the 20 century, death was no more strongly associated with old age than with any other time of life. In fact, one of the riskiest periods was infancy and early childhood. Dying was an integral part of everyday experience. Adults and children alike observed it regularly- animals killed for food and family members dying not only of old age but also of disease and accidents. Death, like birth, mostly occurred at home. The deathbed scene was a communal experience shared by family and friends. When the end of life is near, older adults should be helped to whatever extent possible to have a "good" death. This includes enacting advance directives to ensure their final wishes are respected, having access to spiritual and emotional support, taking steps to minimize discomfort or suffering and dying with dignity. Hospitals, health systems and home care programs can help with this by offering education for older adults and their families on advance directives, palliative and hospice care programs and education for caregivers on end-of-life options. Palliative care needs to be the emphasis for the dying patient—relieving symptoms, controlling pain and providing emotional and spiritual support for the patient and their family. Such treatment requires relatively little apparatus and technology and is far less costly than the procedures currently in place in most hospitals. Ken says, "If we allowed elderly patients the dignity of dying a 'good' and natural death at home supported by family and capable hospice and palliative professionals, we could save both human suffering and tens of billions of dollars each year." Embracing a Brighter Future Ken's five-part solution presents a comprehensive framework for addressing the challenges of unhealthy aging and creating a future of healthy longevity. By incorporating gerontology expertise, harnessing the power of medicine and technology, prioritizing prevention and wellness, redesigning living environments, rethinking work and retirement, society can embrace the "age wave" as an opportunity for growth, innovation and improved well- being for people of all ages. With concerted efforts and visionary thinking, we can build a future where individuals can age healthily, maintain independence and contribute to the betterment of society. If we allowed elderly patients the dignity of dying a 'good' and natural death at home supported by family and capable hospice and palliative professionals, we could save both human suffering and tens of billions of dollars each year. www.agewave.com
  • 20. Shai Policker CEO MEDX Xelerator 18| September 2023|www.insightscare.com
  • 21. Shai Policker Pioneering the Future of Healthcare verybody wants financial freedom, to live Eindependently, and retire at an early age. But if you see, this goal is mainly desired by the people who want to meet their end needs. Business leadership in medtech requires a combination of entrepreneurial vision, strategic planning, and a deep understanding of the healthcare industry. Here's the difference, leaders in healthcare maintain a patient-centric approach and the goal is to enhance access to care, and positively impact people's lives through technology-driven solutions. A combination of strategic thinking and collaboration, with a strong commitment to improving healthcare, Shai Policker has worked within the medical startup ecosystem in the US, EU, and Israel for more than 20 years. Over the years, Shai has worked with various hospitals and medtech manufacturers around the world, providing solutions to an ever-growing stream of clinical problems. With such a diverse background, we at Insights Care interviewed Shai to know about his journey so far. Below are the highlights of the interview: Brief us about yourself and shed some light on your journey so far. What inspires you to serve the healthcare industry My background is in electrical engineering (Technion, Israel) and business (Columbia University, NY) and I have been working within the medtech startup ecosystem in the US, EU and Israel for more than 20 years. From a young age, I was always intrigued by the complexity and fine balance of the human body and as early as my initial engineering studies, I was excited to create new solutions to solve therapeutic and diagnostic problems. Can you elaborate upon the core values, vision and mission based on which your services are aligned with MEDX Xelerator? MEDX Xelerator advances excellent teams who grow companies that solve a clinical unmet need and this fits very much with what I like to do. One of the fun elements of this industry is that you get to work with a very diverse group of people from many backgrounds, ages and experiences, so the ability to make an impact on the lives of different types of patients and entrepreneurs plays an important part in driving us at the incubator. What areas in your opinion, does the health system struggle with, when it comes to caring for/treating patients? The two main problems we are facing today are lack of capacity and cost. Both are manifested by limited access to some populations. The challenge is to add innovation that will enable better care while reducing the burden on healthcare personnel as well as lower costs for payers and providers. Top 5 Impactful Healthcare Leaders to Watch in 2023 I wear two hats: one is the hat of an investor looking for the best solutions for clinical unmet needs and the other is operational – supporting our portfolio companies and making sure they reach their milestones. 19| September 2023|www.insightscare.com
  • 22. Dimoveo CEO and CTO developing system at MEDX Xelerator Lab Please highlight your roles and responsibilities at MEDX Xelerator I am the CEO of the incubator, and, as other members of the incubator team, I wear two hats: one is the hat of an investor looking for the best solutions for clinical unmet needs and the other is operational – supporting our portfolio companies and making sure they reach their milestones. It's a diverse role in a very dynamic environment and is very rewarding. What endeavors are you currently pursuing to improve the care/treatment measures for your patients? We are working on various ways to improve care through our portfolio. Some examples: Ÿ A device that can perform a rapid physical exam of Dialysis patients without touching them. This saves time at the clinic and improves outcomes. (PatenSee) Ÿ A home-use wearable device to help COPD patients clear their lungs providing patient-tailored, chest physiotherapy. (Synchrony Medical) Ÿ A system for fighting infection following total knee replacement. (Dimoveo) What are some of the challenges you face when conducting projects and how do you turn them into opportunities for growth? One of the main challenges is to grow the initial core team of founders into a fully-staffed company, without losing the fighting spirit and short-range communication. This is a challenge to which we pay special attention. Another important challenge is of course funding, which is always a major issue for any early stage medtech project. That said, I am happy that the efforts along the years have created a nice network which we are able to regularly reach out to and has helped generate some creative funding models that we are using until today. Share with us some of the strategies that have helped you in your position as a leader. How do you keep up with specific responsibilities at MEDX Xelerator? What helped me the most is the amazing group of people that I work with. My two partners at the leadership of MEDX Xelerator alleviate much of the potential loneliness of facing the occasional stressful situation. My advice to any leader out there is not to compromise on the people you work with. It pays off big time. Another relevant strategy is diversity in talents, backgrounds and experience. This is a known subject but in medtech this is especially important – the problems are so multi-disciplinary that the only way to solve them effectively is with a team that comes from diverse backgrounds. What advice would you like to give to budding entrepreneurs and enthusiasts who desire to venture into the healthcare sector? As a "recovering engineer" I used to think that technology is what counts the most, where in fact, product-market fit is so much more important. So my advice is to always start from the clinical unmet need and willingness to pay and make sure you understand those very well before starting to work on a solution. How do you envision scaling your services and operations in 2023 and beyond? We are currently raising our next fund which will allow us to expand our model and continue to invest in later stage companies while keeping our incubation "engine" running. This is our main goal for the coming year. What also helps us scale is the unique collaborations we have created over the years with hospitals and medtech manufacturers around the world that provide an ever growing stream of clinical problems for us to address. 20| September 2023|www.insightscare.com
  • 25. Decision-Making Leveraging Analytics for Improved Healthcare ata has become an essential part of any process due Dto the rise of digital processes. There is an increasing use of data-centric approaches across all fields of work. Leaders utilize this vital resource to make wise decisions. Data-driven leadership is based on facts rather than assumptions and intuitions. The healthcare industry is evolving, with huge volumes of patient data being generated on a daily basis. Using this data for making better decisions can help in providing more personalized and effective patient care. This approach can transform the healthcare sector and pave the way for a more secure, efficient and advanced healthcare system. Let's delve into the world of healthcare analytics and how it can be used for improved decision-making. Transforming Healthcare Using Data Analysis Data analytics can aid healthcare providers in making more informed and calculated decisions. In times of crisis, healthcare professionals may often come across challenging situations where they need to make a quick decision. These situations are a test of time as the decision will directly impact the patient's health. Data-Driven Leadership 23| September 2023|www.insightscare.com
  • 26. Having a system in place with all the necessary information and analyzed data can help doctors come up with improved solutions. Having chunks of data is not helpful until it is analyzed properly. It is important that data is analyzed so that redundant and irrelevant can be removed or deleted from the system. Healthcare analytics is the systematic use of data and statistical analysis techniques. These techniques involve collecting, managing, analyzing and visualizing data that can help in deriving insightful information to make informed decisions. Key Components of Healthcare Analytics: Data Collection Data collection is the first and most crucial step in healthcare analytics. It involves patient records, clinical data and medical research. The quality of data will define the quality of results. Data collected should be relevant, reliable and representative of the patient population. Data Management Data collected must be managed effectively to ensure the accuracy, security and accessibility of healthcare information. Data must be stored and maintained in a structured manner. Data Analysis At the core of healthcare analytics lies data analysis. Statistical methods and techniques are applied to fetch meaningful information from the collected data. Data Visualization Presenting and reporting data in a visually appealing manner is critical to effectively communicating the key insights derived from healthcare analysis. Data visualization tools can help transform complex raw data into intuitive charts, graphs and dashboards. Utilizing the Data for Enhanced Patient Care Utilizing data for enhanced patient care involves analyzing patient data, gathering real-world information, leveraging data and analytics tools, fostering collaborative decision- making, and using data analytics to gain timely access to patient data. By leveraging data-driven strategies, healthcare organizations can improve patient outcomes, enhance patient experience, and deliver better patient services. Here are some ways to leverage data for improved decision-making: Analyze the Data Properly The growing complexity of medical data has increased the digitization of healthcare records. These large volumes of data hold critical patient information. It becomes crucial to carefully process this data which is why healthcare analytics is emerging as a powerful tool in leveraging this vast amount of information. Foster Collaborative Decision-making Once the data is collected, managed and transformed in understandable format it can be forwarded to all respective stakeholders and decision makers. This comprehensive approach will help healthcare systems make better decisions for its patients and communities. Real-world Information for Real-world Results The COVID-19 pandemic brought a huge change in the way healthcare systems operate. Decision-makers in the healthcare space had to make quick decisions and come up with innovative solutions. Real-world data helped these decision-makers in understanding the impact of measures like social distancing or a 14-day quarantine. Ensure that the Data is Accurate, Timely and Actionable. With so much patient health data getting generated every second, it becomes crucial to verify and validate the data. It is essential that the data collected is accurate and actionable as it will directly impact big decisions. Even small incorrect data can alter these results. Conclusion The decisions taken by healthcare leaders today will impact the future greatly. That is why it is important that these decisions are well-informed. These analytics and insights will enhance the treatments and even alert healthcare providers of any potential adverse events. Data-driven leadership in healthcare involves using data and analytics to inform decision-making, drive accountability, and build a data culture within healthcare organizations. By leveraging data-driven strategies, healthcare organizations can enhance medical care, streamline administrative procedures, cut costs, and improve patient outcomes. - Nisha Mehra 24| September 2023|www.insightscare.com
  • 28. Subscribe Today Stay in Touch. Subscribe to Insightscare Get Insights Care Magazine in print, & digital on www.insightscare.com Corporate Office Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin,OH 43017, United States Phone - (614)-602 - 1754,(302)-319-9947 Email: info@insightscare.com For Subscription : www.insightscare.com Cheque should be drawn in favor of : INSIGHTS SUCCESS MEDIA TECH LLC www.insightscare.com
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  • 30. NBM's values reside in its commitment to improving the lives of people with spinal cord injuries by developing a solution that aims to restore certain neurological functions and thus reduce the burden of disability. Stéphane Woerly President & Chief Medical Officer NeuroBioMat 28| September 2023|www.insightscare.com
  • 31. Stéphane Woerly Leadership in Neurotechnology for Spinal Cord Innovation ife is all about deals, some deals we do, take our Lcareer to the peak while some others can land us in trouble as well. It is the vision and understanding that makes anyone stand above the rest. Technology adds here to the advantage for the industry and for business leaders. Neurotechnology is the result of one such technology that is providing new hope and possibilities for individuals with spinal cord injuries. Business leaders in these fields are at the forefront of these developments, shaping the future of healthcare and bringing hope to individuals living with spinal cord conditions. With this vision Stéphane Woerly is committed to patient well- being at NeuroBioMat (NBM), where the team improves the life of people with spinal cord injuries. This cutting-edge technology requires expertise in several specialities and Stéphane certainly helps with his role as a President and Chief Medical Officer at NeuroBioMat. Appreciating his contribution, we at Insights Care interviewed Stéphane to know the workings of this groundbreaking technology. Below are the highlights of the interview: Brief us about yourself and shed some light on your journey so far. What inspires you to serve the healthcare industry? My career that spans more than 30 years has focused primarily on the design and evaluation of biomaterials to repair lesions of the nervous system. After a doctorate in medicine from the Louis Pasteur University of Strasbourg (France), I pursued a research career via a PhD in Neuroscience at Laval University (Canada). In order to gain expertise in biomaterials, particularly polymer-based hydrogels, I went to the Institute of Macromolecular Chemistry in Prague for a year. I had the chance to be at the forefront of macromolecular chemistry, because it was in this institute that contact lenses were invented in 1961. At that time it was a huge challenge to bring together the field of advanced polymeric biomaterials with the biology of spinal cord repair. My pioneering work based on a conceptual breakthrough, has engaged a new technology in the field of tissue neuroengineering using hydrogel-based scaffolds. I have held a variety of roles in both academics as a professor of biomaterials at the Quebec Biomaterial Institute and in private settings as a manager when I founded Organogel, a biotechnology company in Quebec in Canada. Later, I co-founded NeuroBioMat which is developing a polymer-based medical device to treat post- traumatic spinal cord injuries. I wanted to translate advances in research and development into medical devices for the healthcare industry. My inspiration was driven by the science of biomaterials. As early as 1986, I saw the science of biomaterials as having the potential to make a significant contribution to the development of innovative treatments in organ repair. This was the starting point of my motivation to serve the healthcare industry specially in the field of neurotrauma. I could say that my research has been a pioneering work that has greatly contributed to a novel neurorestorative approach to treat lesions of the spinal cord using polymer scaffolds. Can you elaborate upon the core values, vision and mission based on which your services are aligned with NeuroBioMat? Spinal cord injury (SCI) is a devastating neurological disorder that affects 2.5 million people worldwide. The disruption of motor and sensory nerve tracts results in significant morbidity including loss of motor and sensory function as well as respiratory deficiency, bladder and bowel dysfunction. So, SCI affects almost every aspect of the patient's life and represents a high level of unmet therapeutic area along with high costs to payers. 29| September 2023|www.insightscare.com
  • 32. Top 5 Impac ul Healthcare Leaders to Watch in 2023 What areas in your opinion, does the health system struggle with when caring for/treating patients? As the healthcare industry continues to evolve, the quality of care for patients also improves. But contrary to other disciplines of medicine, neurological surgery is "the poor child of medicine" because this discipline deals with the general cure by just eliminating the problem like brain tumors but has no solutions to truly care for patients, e.g. restoring some neurological functions. In the case of spinal cord injury following trauma, there is a need to develop effective treatments that require developing innovative solutions and what NBM is working on for the benefit of neurological spinal cord surgery. For this discipline, the health industry must still make progress to provide more targeted and effective treatments to its patients. Please highlight your roles and responsibilities at NeuroBioMat. As CEO of NeuroBioMat, I have multiple responsibilities, but the most important is to drive a clear vision for NBM with the collaborators and to create enthusiasm to carry out the mission of NBM until the end of its course. This is accomplished by establishing overall direction and ensuring a logistics strategy to ensure workflow is optimized between key partners. Another job is building relationships with medical professionals as well as physical medicine and rehabilitation. I have also a key role in securing adequate funding to ensure financial solidity and scalability of the company. My concern is also to maintain solid protection of intellectual property. In what way do you consider NeuroBioMat's technological advances to be a pathway in conducting its operations effectively? The concept of the hydrogel device overcomes many obstacles in managing spinal cord injury in a way that promotes healing and regeneration. Our technology allows to rebuild the missing nerve connection at the level segment of the lesioned spinal cord and our device is "ready to use". It is a safer and more effective procedure compared for example, of injection of stem cells. This concept meets the needs of practitioners as it is a biomaterial on demand: it promotes cell regeneration that results to the restoration of the spinal cord, perfectly bio-compatible, easy to handle and easy to store which is a great advantage compared to techniques based on engraftment of cells. Moreover, the surgical technique is relatively straightforward. And beyond the advance that this technology represents for neurological surgery, it is also an interesting economic opportunity with Thus, NBM's mission rises to the challenge of meeting growing customer expectations for spinal cord injury. This mission is well aligned with its vision, as the task is to change the lives of SCI people while the vision is to become a leader in the SCI market. NBM's values reside in its commitment to improving the lives of people with spinal cord injuries by developing a solution that aims to restore certain neurological functions and thus reduce the burden of disability. Specifically, this breakthrough technology aims to rebuild missing spinal nerve connections to allow nerve impulses to once again travel to and from the brain along the spinal cord. Our solution is based on a tissue engineering approach, which promotes the self-healing ability of the spinal cord after the introduction of a three- dimensional porous scaffold at the injury site that provides structural support for tissue remodeling and healing. Afterwards, patients will follow a rehabilitation program to promote neuroplasticity. For this project, which requires expertise in several specialties, including macromolecular chemistry, neurobiology, tissue engineering and microsurgery, NBM has developed a professional network of first-rate strategic partnerships around its cutting-edge technology. 30| September 2023|www.insightscare.com
  • 33. SPINEREP, a highly porous polymer scaffold » www.neurobiomat.com according to the country. Another challenge will be to explore how healthcare professionals will accept our solution at product launch. Share with us some of the strategies that have helped you in your position as a leader. How do you keep up with specific responsibilities at NeuroBioMat? The only strategy is to stay ahead of cutting-edge technologies align with a robust intellectual property protection. What advice would you like to give to budding entrepreneurs and enthusiasts who desire to venture into the healthcare sector? First of all to have the necessary background in medicine and then to identify key unmet clinal need for which no cleared alternative exist. Also knowing how to surround yourself with the key technical skills for the project. Very important, have some knowledge of the target market, otherwise get some market research done and explores to establish strong intellectual property protection. Finally, be aware that it will be a long and very laborious journey so have a spirit of success. How do you envision scaling your services and operations in 2023 and beyond? At this stage, it is difficult to envision scaling before a clinical trial validated. However, beyond this stage, our economic model is based on the ramp-up of our service by gradually opening new centres where the surgery will be performed and by increasing the number of patients who will be operated on in each centre. So, we can expect future gradual market expansion, surgical technology with improvements to provide more efficient and effective care to patients, brand awareness, customer experience and operational efficiency. This means developing new partnerships with healthcare providers. Additionally, we believe that our technology has the potential to benefit a wide variety of therapeutic areas, and we will explore new opportunities to expand. a faster time-to-market than other medical devices: in fact, given its specificity which targets patients, our technology is confirmed eligible for the FDA's Streamlined Breakthrough Technology Registration Process. What endeavors are you currently pursuing to improve the care/treatment measures for your patients? The endeavor I am currently pursuing is to set up a First-in- Human (FIH) study with our SPINEREP product. This FIH is based on robust preclinical results that represent a solid scientific basis. It is the ultimate step in the development of medical device with the goal to assess safety and efficacy because this ensure the product/service to reach its full value for the patient. My current effort now is to organize the strategy to set up the logistics to properly conduct this trial which includes many different aspects including data monitoring plans and committees. What are some of the challenges you face when conducting projects and how do you turn them into opportunities for growth A significant challenge was to identify the right ISO 13485 certified contract manufacturing organization to manufacture our polymer hydrogel device to deliver safe and high-quality products. But the biggest challenge faced is regulatory compliance in Europe and the US, as the medical device regulatory landscape is complex, with regulations specific from various regulatory bodies 31| September 2023|www.insightscare.com
  • 34. Healthcare Strategies for in a Changing Landscape ealthcare is a dynamic sphere and it's crucial to Hstay updated and equipped with technology, especially the leaders who face diverse sets of challenges and opportunities. With global health crises like the COVID-19 pandemic, the healthcare sector is constantly evolving, acquiring technical advancements and seamlessly lifting patient's expectations. In this scenario, healthcare leaders play the most vital role by being a guide to their organization by encouraging transformation. These leaders hold influential positions within healthcare organizations, spanning from hospitals and clinics to pharmaceutical companies and insurance providers. Their organization functions according to the leaders, and it's crucial to stay updated and equipped with technology, especially for the leaders who face diverse positions and directions, to make policies and practices. These leaders play a crucial role in shaping the direction, policies, and practices of their organizations, with a primary focus on providing effective and compassionate healthcare services to patients. The importance of skilled healthcare leaders cannot be overstated, as they directly impact the quality of Leading the Transforma on 32| September 2023|www.insightscare.com
  • 36. care delivered and the overall success of healthcare organizations. So, it's essential for them to work with strategies to change the healthcare landscape. This article will explore key strategies for healthcare leaders to navigate the changing healthcare landscape successfully. Leverage Technological Breakthroughs The global has experienced immense technological advancements and leaders must stay updated with emerging technologies and leverage them to improve patient care, streamline operations, and reduce costs. Operational efficiency and patient outcomes can be enhanced with the adoption of electronic health records (EHRs), telemedicine, artificial intelligence (AI), and data analytics. A culture of innovation and establishing collaboration between healthcare professionals and technologists should be encouraged by the leaders. They must also ensure that their teams are adequately trained to harness the power of technology and that cybersecurity measures are in place to protect patient data. Emphasize Patient-Centric Approaches Patients' outlook is changing and expectations are evolving with rising demand for personalized, patient-centered healthcare facilities. Healthcare leaders should preach the concept of a patient-centric approach across their organizations. This should focus on attentive engagement in patient input, grasping their necessities and preferences, and tailoring care plans accordingly. The linchpin of patient- focused care is the skillful exchange of information. Leaders should encourage open dialogue between healthcare providers and patients, fostering trust and empathy. Investing in patient engagement tools and initiatives can also help empower patients to take a more active role in their healthcare decisions. Cope with Regulatory Transformations Laws and Regulations of the healthcare industry are highly regulated and perpetually shifting. These changes should be well-informed to the healthcare leaders so that they can adapt and implement these changes efficiently in their organizations. Fidelity with healthcare reform laws, like the Affordable Care Act (ACA), and ensuring that data security and privacy regulations like HIPAA are rigorously followed. Additionally, leaders should actively engage with policymakers and advocacy groups to shape healthcare policy in ways that benefit their organizations and the patients they serve. Being proactive in regulatory compliance and advocacy can help healthcare leaders navigate the complex regulatory landscape. Encourage a Tradition of Constant Skill Enhancement In a swiftly shifting healthcare environment, knowledge and skills become antiquated soon. A culture of continuous learning and professional development should be encouraged by healthcare leaders. Inspiring staff to seek further education, certifications, and training programs ensures that they remain up to date with the latest healthcare trends and best practices. Leaders themselves should lead by example by seeking opportunities for personal growth and development. By fostering a culture of continuous learning, healthcare organizations can better adapt to change and thrive in the face of new challenges. Create Powerful Interdisciplinary Collaborations In healthcare, it's essential to collaborate among interdisciplinary teams. Healthcare leaders should nurture an environment where doctors, nurses, pharmacists, social workers, and other healthcare professionals work seamlessly together to provide holistic patient care. Interdisciplinary teams can help reduce errors, improve patient outcomes, and enhance the overall patient experience. Teamwork, effective communication, and a shared commitment to the organization's mission and values should be encouraged by the leaders. Creating opportunities for cross-functional collaboration and training can strengthen interdisciplinary bonds and promote a culture of collaboration. Conclusion With innovation in action healthcare leaders can strive and enhance the non-static medical sector. As the healthcare sector is brimming with opportunities, it still faces challenges and needs support. To successfully lead the transformation of healthcare organizations, leaders must embrace technological advancements, prioritize patient- centered care, adapt to regulatory changes, foster a culture of continuous learning, build strong interdisciplinary teams, invest in population health management, and enhance resilience and preparedness. In doing so, they contribute to the transformation of healthcare for the betterment of all. - Nisha Mehra 34| September 2023|www.insightscare.com
  • 38. Helping Technology Technology Technology Work With You & For You For You For You