healthcare & technology - microsoft€¦ · healthcare consultant, specializing in start-up...
TRANSCRIPT
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Technology
for
Healthcare
Presented by Theresa Bateman for
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Agenda
My background 5 min
Problems to Solve in Healthcare 5 min
Healthcare Data & Technologies 10 min
Partners in Healthcare Technologies 5 min
Healthcare Technology Growth 5 min
Questions and Answers 10 min
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My
background
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Who am I?
Theresa Bateman
Grew up outside Detroit, MI and now live in Silicon Valley in CA
Healthcare consultant, specializing in start-up companies and
new products/services
Healthcare & technology are growing fields constant student
A patient and caregiver
My mission:
Enable exceptional patient care through advanced
technologies
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My Career Path
Education
In high school, participated in pre-engineering programs
B.S Electrical Engineering w/Mathematics minor - Western Michigan University
M.S. Medical Informatics - Northwestern University
Certified Professional in Heath Information Management Systems (CPHIMS)
Jobs
Engineer for medical devices used by diabetic patients
Information Technology “IT” business software for medical device company
Health technology solutions for developing countries
Startup for health data reporting to the US government
Startup for mobile apps used by doctors and patients
Independent consultant in healthcare
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Problems to
Solve in
Healthcare
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Healthcare Costs in US
Annual U.S. healthcare spending in 2013 was $2.9 Trillion1, the most
costly in the world. Estimated $24,671/year for family of four 2.
Annual U.S. healthcare spending is 17% of the overall US economy3,
where other countries are 8-9%.
Annual spending is expected to grow to 20% in 20204, due to:
Aging US population – 10,000 people turn 65yr. every day5
Increased life expectancy
Chronic health problems (Diabetes, high blood pressure, …)
Newly insured people with new policies (like Obamacare)1 https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NHE-Fact-Sheet.htmlhttp://www.forbes.com/sites/danmunro/2014/02/02/annual-u-s-healthcare-spending-hits-3-8-trillion/
2 http://www.milliman.com/mmi/
3 http://www.usgovernmentspending.com/percent_gdp
4 https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/ProjectionMethodology2013.pdf
5 http://www.pewresearch.org/daily-number/baby-boomers-retire/
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Proposed Solution: Triple Aim1
Enablers for this revolution are:
Pay for health outcomes,
rather than services
Patient empowerment/
engagement
Healthcare technology
tools
1http://www.ihi.org/engage/initiatives/tripleaim/pages/default.aspx
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Healthcare
Data &
Technologies
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Traditional Healthcare Data Sources
Electronic Medical/Health Records (EMR or
EHR)– Biometrics, symptoms, diagnosis, lab
results, radiology images, medications, doctor’s
notes, patient instructions for follow-up
Pharmaceuticals – outcomes or side-effects of
prescribed or over-the-counter drugs
Medical Devices - blood pressure,
medication pump/drip, robotic
surgery info, imaging systems,
camera pills, etc.
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Emerging Healthcare Data Sources
Consumer wearables - identify different states & duration in each state based on accelerometrydata. These may have bio-sensing abilities. Challenges include variation, missing data, and accuracy.
Genetics – Indicators to research and possibly predict/cure diseases. Challenges include ethical issues, government regulation, data analysis of enormous data sets.
Telemedicine – Mobile apps for diet/fitness,
med reminders, pre/post surgery checklist,
communicate with doctors, and many more.
Video doctor visits and remote-monitoring
devices on the rise. Challenges include
patient acceptance and doctor concerns of
malpractice.
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How can we make this data useful to
improve healthcare and health of individuals?
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Useful Data for Analysis & Decision Making
Standardize - data types and also data collected
Interoperable – to easily exchange data
Secure – To avoid data breaches with ability to
allow patients to decide who to share their data
Organize - sorting, grouping
Accessible – To clinicians, patients,
caregivers
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Partners in
Healthcare
Technologies
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Consumers of Health Technologies
Clinicians (doctors, nurses) – How to best treat their patients
Pharmacists – Ensure no drug interactions or allergies concerns
Technicians (lab, X-ray) – Ease to ensure accuracy
Patients – Understand health, hopefully to make healthier choices
Caregivers – Support patients
Health Coaches – Track behavior & results to motivate
Payers/Insurers – Confirm value and benefits
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Creators of Health Technologies
Definition - Marketing, Research & Development, Regulatory
Development – Engineers, Chemists, Micro-biologists, Psychologists,
Material Scientists, …
Testing – Clinical Studies, Quality Assurance
Launch - Sales, Distribution
Support - Customer Service
Administration - Executive Management, Finance
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Growth in
Healthcare
Technologies
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Opportunities
Digital Health = intersection of healthcare and technology. These are technology-enabled solutions for health, which excludes stand-alone items like medical devices and mobile phones.
In 2014, $4.3B invested in digital health, and 2015 is trending the same1.
Digital Health funding grows faster than other industries like software, biotech, and medical device sectors1.
Publicly-traded digital health stock outperformed the broader S&P 500 companies in the first half of 20151.
It’s projected that the number of jobs will grow 22% by 20222
1 http://rockhealth.com/reports/digital-health-2015-midyear/
2 http://burning-glass.com/wp-content/uploads/BG-Health_Informatics_2014.pdf
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Science, Technology,
Engineering, Arts & Math
(STEAM)
Building blocks for healthcare
and more