A look at the business trajectory of telehealth compared with the video rental to video streaming industry - from the Telehealth Failures & Secrets To Success Conference
2. Over the last 5 years we have seen the
transformation of the healthcare industry shift
from a physical to a digital platform just like
the entertainment industry changed the way
we view media in a digital age.
6. Trivia Time:
“What new innovative product
started in the 70’s that offered
affordable, convenient access and
kick started a multi-billion dollar
industry?”
9. Moving from Blockbuster to Netflix
Healthcare is heading for the Netflix model.
It’s coming home. This shift should have
happened already, but traditional health
systems have been smug and haven’t had
competition.
13. The technology industry has entered the field of medicine and
aims to eliminate disease itself.
It may well succeed because of a convergence of
exponentially advancing technologies, such as artificial
intelligence, sensors, and genomic sequencing.
We’re going to see more medical advances in the
next decade than happened in the past century.
14. • New AI and VR systems to help medical practitioners make
sense of big data for better diagnosis
• Digital Health Innovation is making it practical
to manage chronic patients at home
• Streaming Data between doctors and patients during daily
activities
• Telehealth will be as common as ATMs
The Future Platform for Healthcare
It is time to bring medicine home. To be truly patient-centric, we need to think about the patient before he or she leaves home, not just when the patient’s in the doctor’s office or hospital.
There’s an interesting and growing role for business in this shift. These new alliances can change how we deliver health care. The trick is to match the consumer movement of engaged patients with the developing new platforms for care. This is exciting—a chance for us to work together to make significant advances in health.
I see in this change a parallel that I call “moving from Blockbuster to Netflix.” Medicine is heading for the Netflix model. It’s coming home. This shift should have happened already, but I think traditional health systems have been smug and haven’t had competition.
Digital health is causing a paradigm shift in the way that healthcare is being delivered. With the advent of these sophisticated technologies, physicians and patients alike are turning to on-demand care. From mobile access to medical records, to remote doctor tele-visits, to physicians being equipped with patient data anytime, anywhere, this individualized approach is revolutionizing the care landscape.
Prime AI applications include clinical decision support, patient monitoring and coaching, automated devices to assist in surgery or patient care, and management of healthcare systems.
Virtual Reality as a platform for surgical training allowing us to train thousands of surgeons at the same time with gloves and body suits allow us to touch and feel things in the virtual world
Telemedicine will be as common as ATMs, allowing us to schedule appointments and connect with doctors anytime, anywhere