The convergence of heatlhcare and it ausmedtech may 2103

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An overview of the four forces that are driving the convergence of IT and healthcare and the implications for product developers

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  • The covergence of the healthcare and IT industries has 4 drivers, only some of which are technology related. And of course, that oil of industry ,money, plays a major role as we will seeAs the Chinese say may you live in interesting times - and for anyone playing at the intersection of these 4 drivers, as most of you are, they are interesting times indeedSo lets look at the 4 areas in a bit of detail…
  • A graph of life expectancy vs % of GDP spent on health care.Most countries spend around 7-10%. Pretty reasonable. One Outlier – the US and its clear why there is so much interest in home health care in the country
  • Recent research shows that 40 percent of all chronic conditions are attributable to our behaviour. IT based health solutions can monitor, analyze, encourage and ultimately change behaviour. And the earlier it does in the sickness prevention cycle the lower the tax payer burdenVerizon Wireless recently estimated that mobile broadband solutions improved U.S. health care productivity at a savings of almost $6.9 billion. That figure is expected to increase to $27.2 billion by 2016.According to Cambridge Consultants, 75 percent of healthcare providers, patients, payers and technology enablers believe that connected health preventative services could cut healthcare expenses by 40 percent.
  • Historically health care lags other sectors in terms of technology adoption (ie paper based medical records, pagers etc), but recent signs point to a sea change in this lag and a number of changes that will accelerate wireless health::Many facilities now use wifi to support initiatives such a IP telephony, data connectivity etcAccording to Manhattan Research of the US :99% of doctors physicians use the internet in their practices80+% of nurses direct patients to health-related websites
  • This slide really captures everything we are saying in a single graph. The acceleration of our understanding of the human body, combined with machines that can capture and decode information, again combined with Moore’s law that says computers get twice as smart and half as expensive every 18 months, means that we are at a tipping point of mass computer controlled healthcare in our homes, offices and ultimately our bodies.
  • More than 14000 health related apps on the Apple app store + many 1000’s under the heath and fitness heading + for iPad. + medical and health apps available on the other 12 (yes 12) app stores = many 10,000s available and being used every dayCTIA: 78% of US is interested in mobile health solutions. 40% said mobile health would supplement the medical care they receive from their doctor; 23% believe mobile health services could replace doctor visits altogether.PWC found 73% of US consumers would use biometric electronic remote monitoring services to track their chronic condition or vital signs.And in mid-2010 Best Buy announced that 40 of its stores in the U.S. had begun offering personal health solutions devices like pedometers, Bluetooth-enabled weight scales and blood pressure monitors
  • Most areas of healthcare will be affected
  • Another reason why so many device manufacturers are interestedAnd as the old saying goes, if I got just 1% of that market …
  • Hydrix are one of the biggest and most experienced designers and developers of biomedical devices in the region with clients across Australia and the world.
  • The main difference between a good device and a great one is that people like using it
  • And with a tip of the hat to apple (again) they make complicated things easy.
  • And with a tip of the hat to apple (again) they make complicated things easy.
  • The biggest single issue is through life running and maintenance costs – so modular designs are called for to enable easy replacement of failed components and sub-systems
  • The influence of Apple continues. But companies realise that there is often no need to build a custom display device when they can use the heavyweight computing grunt of an iPhone or Android device .
  • This is all about the internet of everything. Devices and their owners will know where they are, how they are being used, and then transmit that information to wherever it is required.
  • With the increasing trend to portability, ready access to a power supply, or long life batteries, are a constant design issue. Expect new innovations in this space soon
  • And India. Remember to keep it simple – and sue what tools you have to hand.
  • The convergence of heatlhcare and it ausmedtech may 2103

    1. 1. The Convergence of Healthcare and ITPeter Lewis, Director - Hydrix
    2. 2. Four different forcesare aligning to drivethe convergence ofhealthcare and ITRising Healthcare CostsIncreased use of IT by DoctorsEnabling TechnologyConsumer EmpowermentAnd these four forces are accelerating …
    3. 3. Rising Healthcare CostsIrelandDenmarkS. KoreaUKGermanyNetherlandsFinlandSpainItalySwedenSwitzerlandFranceAustraliaCanadaJapanUnited StatesUS Health Care reachedUS$2.5Tn in 2009(OECD, US Dept of Health Human Services, CSMG)
    4. 4. MediApps.comRising Healthcare Costs
    5. 5. Increased use of IT by Healthcare Professionals99% of doctors physicians use theinternet in their practices80+% of nurses direct patients tohealth-related websitesManhattan Research 2010
    6. 6. Enabling TechnologyFreedomainradio.com
    7. 7. Consumer EmpowermentMore than 13,000 health appsintended for use by consumersavailable for download in Apple’sAppStore + the plethora of sources ofinformation…Mobihealth News
    8. 8. The combination of the four forces driving theconvergence is causing a steady migration ofresponsibility for healthcare fromhospital clinician’s office home body
    9. 9. As a result we are seeing innovation across many areas:MonitoringPERSTelemedicineMobile Medical EquipmentMobile Health InfoRFID TrackingHealth & Fitness SW
    10. 10. How Big is the PersonalHealth Opportunity ?
    11. 11. So as a designer & developer ofadvanced medical devices, what am Ihearing from our clients ?
    12. 12. Make devices people want to use
    13. 13. Make them intuitive and super easy to use
    14. 14. Make them as portable as possible
    15. 15. Make them cheap - not so much Capex but Opex
    16. 16. Develop smart phone front ends for consumer devices
    17. 17. Wireless-enable and location-enable everything
    18. 18. Battery life … battery life … battery life
    19. 19. And Finally….A Lesson from IndiaIt does not have to be expensive• 1.4bn people – 2bn cellphones• 300,00 remote and rural villages …. but all with cellphone towers• Occasional visiting nurses are the main source of healthcareinformation• Significant push by many companies to develop ultra-lowcost cellphone based home and village health hubs• Now selling into Africa• Sub $50
    20. 20. Thank You !Peter Lewispeter.lewis@hydrix.com

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