Tags: digital health investment | Drive Capital | HIMSS | HIMSS 2015 | New York eHealth Collaborative | Pritzker Group |
Value-based care, patient engagement, and data analytics are three of the biggest trends in healthcare, according to a panel of health investors that spoke at HIMSS 2015 in Chicago this week. Anuj Desai, Vice President of Market Development at the New York eHealth Collaborative, Adam Koopersmith, a Partner at the Pritzker Group, and Ned Schwartz, a Partner at Drive Capital, shared some of their insights on trends in health investment and tips for companies seeking funding.
Two big trends that are shaping the sorts of companies investors bet on are value-based care and consumer-centric healthcare. Koopersmith noted that customers are both taking on more financial risk for their healthcare through changing how they interact with payers, and increasingly taking charge of their personal wellness through data-gathering connected wearables.
“As the consumer is becoming more influential in the healthcare space, a lot of the traditional B2B players, whether that’s providers or insurers, need to have a much more consumer-facing orientation, and a technology that can help them make that transition is great,” he said. Keep reading>>
Tags: Apple Watch | athenatext | BACtrack | cFHR | DocNow | Doximity | DrChrono | HCSC | HealtheLife | InstaMed | Medisafe | One Drop | Qardio | SmartWatch | Vocera | Walgreens | WebMD |
WebMD’s Apple Watch app
The Apple Watch is set to launch in just a few days. And in the past few weeks, a number of health and wellness-focused companies have announced their soon-to-launch Apple Watch apps.
At the end of March, MobiHealthNews counted at least 19 new health and fitness apps that were announced for the Apple Watch. Since then, there’s been at least another 18.
Here are 18 more apps that that will offer Apple Watch app versions at launch (or soon after):
Walgreens — Walgreens’ Apple Watch app, which was announced at the HIMSS conference in Chicago, will focus on medication adherence. At the conference, Alex Gourlay, president of Walgreens and EVP Walgreens Boots Alliance, said: “We are launching our new Apple Watch app in May. Our first iterations are designed to help patients manage their medication regimen. Patients will be alerted on the watch when it’s time to take their medication. The watch is a great way to improve med adherence, we believe, because tasks can be accomplished with a quick glance and the touch of a button.” Keep reading>>
Tags: Apple | Cleveland Clinic | Explorys | IBM Watson | Johnson and Johnson | Medtronic | Phytel | Watson | Watson Health | Watson Health Cloud |
IBM Watson has taken a giant step deeper into the healthcare industry with the formation of a new business unit called Watson Health and a new cloud offering called the Watson Health Cloud. The move also includes some big name partners — Apple, Johnson and Johnson, and Medtronic — and two acquisitions: Cleveland-based Explorys and Dallas-based Phytel.
Watson has been involved in healthcare since just after the technology was first introduced to the world on Jeopardy! One of its first use cases was in oncology at Memorial Sloan-Kettering, and IBM’s first Watson ecosystem partners, WellTok and MDBuyline, were also health-related. So it’s not a huge surprise that the company is now creating a full business unit dedicated to health. Watson Health will be based in Boston and will have at least 2,000 people on staff including consultants, medical practitioners, clinicians, developers, and researchers.
“Watson Health builds on years of collaborative relationships with leaders across the healthcare ecosystem,” Michael Rhodin, senior vice president of IBM Watson said in a statement. “The groundbreaking applications of Watson’s cognitive computing capabilities by medical clients and partners clearly demonstrated the potential to fundamentally change the quality, efficiency and effectiveness of healthcare delivery worldwide. We’re excited to broaden access to world-class technology and to work with our partners to transform health and wellness for millions of people.” Keep reading>>
Tags: activity tracking wearable | connected fitness device | connected fitness tracker | digital fitness adoption | digital health adoption | fitness tracker adoption | health tracking | Parks Associates |
Sixty million US households will own at least one connected fitness tracker by the end of 2019, according to a report from research firm Parks Associates.
“Standards-based connectivity technologies such as Bluetooth/Bluetooth Smart have been key enablers for wearable mobile device platforms such as fitness trackers and smart watches,” Parks Associates Research Analyst Tejas Mehta said in a statement. “These new device platforms are leveraging Bluetooth connectivity to open up a range of applications and use cases ranging from fitness and health tracking to proximity marketing and home automation.”
In February, Parks also reported that 5 percent of US broadband households use a smart watch that offers health and fitness tracking features and 8 percent of US broadband households use a digital pedometer or activity tracker.
Mehta pointed out at the time that unless smartwatch makers can convince consumers that these devices offer features separate from their smartphone, they won’t see adoption. Keep reading>>
Tags: HIMSS | HIMSS 2015 | HIMSS Survey | hospital app | mobile technology | patient app | patient engagement |
Nearly a third of healthcare providers offer organization-specific apps for their patients, according to a small survey of healthcare providers conducted by HIMSS. The 2015 HIMSS Mobile Technology survey included 238 respondents.
In addition to the 31 percent of respondents who offer a patient app, another 30 percent are in the process of developing one. And 10 percent of respondents have created an app store to distribute apps either internally or externally.
More generally, 90 percent of respondents said they use mobile devices in their organization for patient engagement. Seventy-three percent used app-enabled patient portals, but only 36 percent found that to be a “highly effective means of engaging patients”.
Two thirds of respondents (67 percent) told HIMSS that at least some amount of information from a mobile device is uploaded into their EHR, but only eight percent said all the data from mobile devices went into the EHR.
Respondents said that the most impact from mobile technology was on telehealth interventions, including remote ICUs, teleradiology services, and care coordination, including remote patient monitoring tools. Keep reading>>