Webinar: Digital Health - The New Rx for USA Healthcare Ecosystem
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Digital health solutions are significantly transforming the healthcare industry, and revolutionizing the healthcare experience. Digital solutions not only make a profound impact on our lifestyle, but also offer better ways for providers to connect, understand, and engage with the patients - clearly paving the path for enhanced quality patient care and better health outcomes. A recent report from IHS Technology estimates a rise in users of Mobile Consumer and Fitness devices from 23 million in 2011 to 75.5 million devices by the end of 2018. Advancement in the field of IOT has further fueled innovative digital health solutions which are enriching patient’s life by quick and easy synchronization. According to a survey conducted by Rock Health, investments in digital health companies in 2014 were a staggering $4.1 billion, and large and midsized ISV’s were directly benefited by this move.
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Webinar: Digital Health - The New Rx for USA Healthcare Ecosystem
- 1. Welcome to the Webinar Digital Health: The New Rx for USA Healthcare Ecosystem by Harbinger Systems © Harbinger Systems | www.harbinger-systems.com
- 2. Panelists © Harbinger Systems | www.harbinger-systems.com Satish Bhor Associate Tech Lead Harbinger Systems Pulkit Kapoor Business Analyst Harbinger Systems Marketing Executive Harbinger Systems Sushant Saraswat
- 3. Agenda • Digital Healthcare - Overview • Impact of digitization on ISVs, Payers and Providers • Digital transformation of Healthcare processes a) Wellness & Fitness b) Patient Communication c) EMR/EHR d) Preventive Healthcare • Technologies and tools enabling Digital Health • Q&A © Harbinger Systems | www.harbinger-systems.com
- 4. Introduction and Evolution of Digital Healthcare © Harbinger Systems | www.harbinger-systems.com
- 5. Introduction Digital Health is an umbrella term for all healthcare-related Applications. It makes use of interconnected technologies to embrace the entire spectrum of healthcare providers, consumers and researchers, hence results in: – Improved Care Quality & Access – Improved Patient Engagement – Closing Communication Gaps – Identifying Patients' needs and tailoring services to meet them – Improved Decision-Making by Consumers and Providers – A Reduction in Healthcare Cost © Harbinger Systems | www.harbinger-systems.com
- 6. Digital Space © Harbinger Systems | www.harbinger-systems.com Source: startuphealth.com
- 7. Evolution of Healthcare Digitalization © Harbinger Systems | www.harbinger-systems.com Source: Gartner
- 8. Impact of Digitization ISVs, Payers & Providers © Harbinger Systems | www.harbinger-systems.com
- 9. Impact of digitization on ISVs • Healthcare represents nearly 18% of the United States’ economy, yet it is one of the last sectors to undergo technology-based transformation • Gartner Health forecasts funding of digital startups in the US healthcare market to double over the next three years, reaching $6.5 billion by 2017 • Various short and long term Digital healthcare startup accelerator programs like New York Digital Health Accelerator, Rock Health, Startup Health, Accelerace Life etc are available to provide funds to Digital Healthcare Startups © Harbinger Systems | www.harbinger-systems.com
- 10. Digital Health Start-Up Funding 2010-2014 © Harbinger Systems | www.harbinger-systems.com Source: startuphealth.com
- 11. Impact of Digitization on Providers • Meaningful Use – First Step for providers to digitize • With the advert of CMS EHR Incentive program the number of physicians using Electronic Heath Record System (EHR) has reached to 78% in 2013 from 18% in 2001 • More than $15.8 billion in Medicare and $8.1 billion in Medicaid payments were made between May 2011 and May 2014 • Scheduling & appointment booking apps and portals • Patient engagement portals and apps © Harbinger Systems | www.harbinger-systems.com
- 12. Impact of Digitization on Payers • Shift from B2B to B2C • Brand building on social media websites • Mobile Applications that help agents create scenarios for prospective customers • Digitization of data sets for – Provider Credentialing & Contract Management – Provider Network Management – Provider Performance Assessment • Member engagement portals & apps © Harbinger Systems | www.harbinger-systems.com
- 13. Digital Transformation of Healthcare Processes © Harbinger Systems | www.harbinger-systems.com
- 14. Wellness & Fitness • Health and Wellness Classes • Rewards Management • Disease management and clinical integration of programs • Weight Management • Employee wellness services • Counseling, stress reduction, acupuncture, cardiac and pulmonary rehabilitation • Individualized diet and exercise prescription © Harbinger Systems | www.harbinger-systems.com
- 15. Patient Communication • Engaging Patients (Social Media, Portals, apps etc) • Shared Decision Making • Movement from Task-based to Relationship-based Care • US TeleHealth market will grow from $240 million in revenue in 2013 to $1.9 billion in 2018 — an annual growth rate of more than 50% • Focus on Chronic Medical Illness © Harbinger Systems | www.harbinger-systems.com
- 16. Electronic Health Record © Harbinger Systems | www.harbinger-systems.com Patient Portal Provider Interaction Clinical Summary Personal Info Immunizat- ion Status Prescripti - on Refills Patient Health Record Provider Portal CPOE Clinical Quality Measures Billing BMA Patient EHR Transfer Clinical Practice Guidelines Direct Project DAM Patient Medical Record E-Prescrip -tion ADT Services Clinical Decision Support System (CDSS)
- 17. Preventive Healthcare • No insurance co-pays or other out-of-pocket costs for certain visits and preventive screenings • U.S. Preventive Services Task Force (USPSTF) • Diagnosis & monitoring of various chronic diseases with the help of portals & apps • Prescription reminder & monitoring apps, remote monitoring etc. © Harbinger Systems | www.harbinger-systems.com Source: cdc.gov
- 18. New Generation Healthcare © Harbinger Systems | www.harbinger-systems.com Telemedicine EHR/ Analytics Application Doctors
- 19. New Generation Healthcare Workflow © Harbinger Systems | www.harbinger-systems.com
- 20. Technologies & Tools Enabling Digital Health © Harbinger Systems | www.harbinger-systems.com
- 21. Tools & Technology © Harbinger Systems | www.harbinger-systems.com
- 22. Do’s and Don'ts • Do start implementing cloud-based(SaaS) services • Data Encryption and Application Security • User Friendly and Multi-Device Support • Light Weight • Scalable Frameworks © Harbinger Systems | www.harbinger-systems.com • Too Many Technologies • Put too much effort on the patient/consumer • Don't miss Healthcare compliance • Do not put any business logic at browser side
- 23. Q&A © Harbinger Systems | www.harbinger-systems.com
- 24. Thank You! Visit us at: www.harbinger-systems.com Write to us at: hsplinfo@harbingergroup.com Blog: blog.harbinger-systems.com Twitter: twitter.com/HarbingerSys (@HarbingerSys) Slideshare: slideshare.net/hsplmkting Facebook: facebook.com/harbingersys LinkedIn: linkedin.com/company/382306 © Harbinger Systems | www.harbinger-systems.com
Notes de l'éditeur
- Funding in the first three quarters of the year has skyrocketed past the total invested in 2013. Although deal volume is lower, investors are putting more money in fewer startups, indicating the market’s gradual maturation.
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