Category: Weblog

FTR4H is coming back to India: Meet us in Mumbai March 2020

Written by Francis Prashant, one of our Global Ambassadors, based in Bengaluru:

India offers a great market opportunity for healthcare start-ups around the world. With over 1.3 billion population majority of people pay for healthcare expenses out-of-pocket. Given this ecosystem, healthcare providers are driven to innovative ideas that improve care, increase accessibility and reduce costs.

The Indian healthcare market is expected to reach $280 billion by 2020 driven by rising incomes, greater health awareness, lifestyle related diseases and increasing access to payers. The current value of the medical device/diagnostics market is estimated at $5 billion and growing. In India, there is one doctor for every 1,457 people which is lower than the WHO norm of 1:1000. This goes on to show the huge potential lying in front of healthcare start-ups in the 1.3 billion plus people economy.

India is one of the nations where the mortalities and morbidities of both communicable and non-communicable diseases are very high – creating a strong need for technology intervention to manage these diseases effectively amidst current infrastructure shortage.

And health care start-ups have a critical role to play. In the last few years, digital health start-ups are bringing in novel technologies like AI, remote based monitoring, telemedicine and are now an integral part of the Indian healthcare ecosystem. Contributing factors could be many, but primarily attributing to the digital impetus from the government and the recent release of the national health policy, there is not only traction but exponential growth in the number of tech product start-ups and the funding that they are garnering.

FTR4H creates a global innovation ecosystem to drive digital health. Are you driving digital health in India? Join the global platform that explores how digital transformation effects the healthcare industry during our FTR4H @ Medical Fair India lounge, 5-7 March 2020, in Mumbai convention centre, in collaboration with NASSCOM CoE IOT & AI as Official Digital Transformation Partner, to showcase your technology, network with your peers and gain access to international markets through our international platform.

For more info see https://www.medicalfair-india.com/en/Special_Shows/FTR4H or connect directly with Mr. Adarsh Verma, Head of Project under vermaa@md-india.com See you there!

FTR4H - where Digital Health aficionados meet!

FTR4H Meetup at MEDICA 2019

This November, MEDICA– World Forum for Medicine – will once again be the center of the medical and healthcare universe.  MEDICA is the industry’s leading, largest, most comprehensive and most international life sciences event anywhere!  Held annually, on average it features over 5,200 exhibitors from 70 nations and hosts nearly two dozen educational conferences, forums, and special sessions.

Powered by MEDICA, FTR4Hwill be presenting the Future for Health Lounge in the USA Pavilion, Hall 16, booth H11-8.  Now in its third consecutive year, the Future for Health Lounge has evolved from an exhibit platform showcasing digital health companies, to now serve additionally as a FTR4H-ambassador hosted lounge for networking and the exchange of ideas about the digital disruption and transformation of the healthcare industry.

Returning as an exhibitor to the lounge this year, Los Angeles-based dms-servicewill again be presenting its advances in Ambulatory Monitoring technology.  This year’s highlights are a sneak preview of the myPatch®sb 30-day 3 channel monitor and their T-electrode providing the ability to record V1, V2 and L1 with no additional wires.

Joining as an exhibitor to the lounge this year, Duisburg-based Mutelcoroffers turnkey solutions focusing on remote patient monitoring (RPM) covering diagnostics, medical device integration, real-time vitals data transfer and more. Mutelcor’s Rural mHealth solution has successfully connected rural health centers in emerging areas of South Asia and Africa to district/city hospitals, able to run on low bandwidth, and thereby bridging the doctor-patient gap and enabling patients in remote areas to access quality care and timely treatments.

A visit to MEDICA will not be complete without stopping past the Future for Health Lounge!  And be sure to add the Future for Health Meetup to your calendar for Wednesday, November 20 to your schedule!  The hosted networking reception will start at 4:30 pm, offer refreshments, and serve up the exchange of ideas revolving around digital health and how Mobile, Data, IOT, Blockchain, Robotics and AI advances the whole health continuum.

For further information, contact Tom Mitchell (tmitchell@mdna.com)

We look forward to seeing you there!

Meet FTR4H at SXSW 2019!

FTR4H is back at SXSW this week, supporting the Healthtech Innovation Day organized by Startup Colors as part of Berlin Saloon.

Join us March 9th at 12pm at the corner of 6th street and Brazos, for a healthy lunch powered by FTR4H. It will be followed by the exciting program curated by Startup Colors’ team, with inspiring talks, expert and fireside chats and networking sessions covering the following topics:

  • The role of nurses in leading innovation
  • The human digitome: the 1st digital representation of human health
  • The power of voice-based AI in healthcare
  • How new hard- and software solutions can make you move and heal
  • How Blockchain technology can increase the impact in healthcare and
  • Patient empowerment or how we can own our own data

20 inspiring speakers will take the stage to share their work and view on the future of healthcare. Amongst them:

  • Michelle Longmire, CEO, Medable (USA)
  • Erik Gerritsen, Vice Minister of the Dutch Ministry of Health, Welfare and Sport (The Netherlands)
  • Michael Docktor, Pediatric Gastroenterologist, Clinical Director of Innovation at Boston Children’s Hospital (USA)
  • Shawna Butler, EntrepreNURSE in residence (The Netherlands, USA)
  • Rasu Shrestha, Chief Strategy Officer, Atrium Health (USA)
  • Dennis Grishin, Chief Scientific Officer, Nebula Genomics (USA)
  • Aline Noizet, Healthcare Connector at Startup Colors (Spain)

Visit the website to check all the speakers and the complete program and to reserve your free ticket. Discover with us all colors and shades of innovation in Healthcare during this special day at SXSW 2019 and how we can make a change together!

Register here!

Going West: Join FTR4H on our SXSW Pre-Tour in the US!

Hit the road and join us on our first meetup tour in the USA. In preparation of FTR4H@SXSW 2019, together with our community partner Dataconomy we travel across a complete continent to find the best speakers, connect with interesting partners and talk to all the digital health entrepreneurs we can find!

Join us in 6 awesome healthcare hubs…..!

We confirmed a few speakers already but are still open for your pitch!

So if you are interested to speak at any of the locations above, please fill out and return this form!

And also save-the-date for SXSW 2019 in Austin. The FTR4H crew will be there from March 8th till March 12th. Last year we brought together more than 30 speakers on a stage that welcomed more than 600 attendees overall.

Reach out to Maren Lesche if you need further information!

Medical Fair Asia: Welcome to Medikabazaar

From 29th till 31st of August, FTR4H will present selected digital health startups from Asia at the Medical Fair Asia in Singapore. One of it is Medikabazaar from India. We sat down with its CEO Vivek Tiwari for an interview.

PS: Save the date for his talk “How AI & ML help build efficiency in healthcare procurement” at 3:30 pm on August 29th

FTR4H: Vivek, what are you doing at Medikabazaar?

Vivek “Medikabazaar is India’s largest B2B online medical supply platform enabling hospitals and other medical establishments to search and order quality medical equipment and supplies. The medical supply chain in India is highly fragmented at the moment. I myself had experienced this during my earlier assignment of setting up and managing multi-location tertiary care clinics in tier 2 and 3 cities in India. These cities and remote locations in India struggle to get quality and timely medical supplies because conventional distribution networks do not have presence in such places.

It is a well-known fact that medical supplies constitute the second biggest cost in a hospital’s total cost of operations (TCO). Medikabazaar is currently working on a proprietary tool named VIZI that uses AI to help hospitals reduce the total cost of operations thereby contributing to making healthcare more affordable. By using VIZI and online procurement, medical establishments can reduce their TCO by about 25% and therefore contribute to making healthcare more affordable and accessible in developing countries like India.”

FTR4H: You have been an activist for digital health in Asia for a quite a while. What are the latest trends in eHealth in Asia?

Vivek: “The biggest need in Asia is healthcare accessibility and affordability. Patients don’t have access to quality healthcare products, uniform pricing, and services. The doctor-patientratio is also poor. Remote locations lack basic healthcare facilities. Similarly, those who have already set up healthcare facilities in such locations, face challenges in procuring advanced medical technology, products, and their deliveries. Thus, failing to provide service to the patients. Many trends pick this up: The latest consumer trends in eHealth in Asia are virtual consultations electronic health records, telemedicine, online pharmacy, lab tests at home, home health care, fitness apps and wearable devices to monitor lifestyle. Primarily all are consumer centric and focusing on serving the consumer at his doorstep. Healthcare providers are also adopting Internet for enhancing the productivity of their processes and clinical outcome.”

FTR4H: You are a young startup yourself. What have been the biggest hurdles in your journey from a bootstrapped company to India’s largest B2B marketplace for medical devices?


Vivek:
“Indian e-commerce space is still in its nascent stage. While the B2C models have gained popularity in recent years, B2B markets still remain fairly untouched. We at Medikabazaar aim to disrupt the B2B space. Adoption of the online platform by business buyers posed many challenges to us. We had to do massive ground activation to explain the concept to the customer. We had to make similar efforts to get manufacturers and sellers on board as the concept was entirely new to them.

Another major challenge was faced when we scaled from one location to setting up operations and fulfillment centers across multiple locations in India. From centralized operations, we moved to decentralized operations. New team members from various backgrounds joined in all these locations. Soon we realized that the uniformity in execution was missing. We had to bring in the standard operating procedures to streamline our business processes and bring in a seamless experience for the customer.”

FTR4H: What challenges do digital healthcare companies face while scaling up in Asia – be it from India to Singapore or from Germany to Asia?

Vivek: “The first and foremost challenges are

  • a) limited funding and
  • b) talented team.

With limited funds and resources, a better strategy is to focus on the domestic market. Since technology businesses do not have entry barriers, by the time a startup gears up to make an entry into a new market, many competitors already exist. Therefore, strategy and timing are really critical for the international launch and go-to-market. Another challenge for scaling up internationally lies in finding the right talent who can work with an entrepreneurship zeal to replicate and adapt the same model for the new market.” 

FTR4H: What can other entrepreneurs learn from your startup journey?


Vivek:
“Planning, hard work,and team spirit are three mantras that every entrepreneur should have. I too followed this. Nothing can work without a detailed plan, sharing the vision with the team and micro-management in the initial years. The reason is that the team and every process is new and both need to undergo a journey to get streamlined. Unless and until an entrepreneur is involved at the ground level, they will not understand execution challenges.

Do not get discouraged by initial feeble customer response. If your concept truly fills a gap in the market, it will work. Team up with people whom you can rely upon. Those who will not be a deadweight but a lifeboat for your company. The most important thing in an organization is creating a positive work environment and sometimes throwing a pizza party goes a long way for the employees.”

FTR4H: What are you looking forward to in Singapore?

Vivek: “Apart from India, we are expanding our operations in neighboring countries, Middle East and Africa. Being the largest hub of Asia, Singapore attracts many visitors and manufacturers in the expo. We plan to network with the manufacturers and international buyers to share our concept and opportunities.”

Thanks for the interview and see you at Medical Fair Asia 2018 in Singapore!

AI, DNA sequencing, blockchain, data tsunami in healthcare, and more

…these are all topics of this years’ accompanying program of the MEDICA APP COMPETITION, taking place on November 14th 2018 from 1 pm to 6 pm at the CONNECTED HEALTH FORUM in Hall 15 of the MEDICA WORLD FORUM FOR MEDICINE in Düsseldorf.

We will start with a general overview of how mobile, IoT, data, AI & robotics are transforming healthcare, thoughts on innovation in healthcare, AI, and blockchain, we will touch upon the future of medication management and more, before hearing pitches of pre-selected healthcare startups.

Do you have a mobile healthcare solution you would like to present? See the rules and application details for the MEDICA APP COMPETITION 2018 HERE.  (Or go to the original MEDICA APP COMPETITION WEBSITE with last years winners and jury members HERE. )

Full program:

moderated by Mark Wächter, Mobile Strategy Consultant

When: Wednesday, 14 November 2018, 13:00 h to 18:00 h

Where: MEDICA Exhibition Centre, hall 15 / stand 15C24

13:00 h – 13:05 h Future for Health: How mobile, IoT, data, AI & robotics transform healthcare (Mark Wächter, FTR4H Chief Evangelist)

13:05 h – 13:20 h Making the world healthier and more sustainable through innovation (Peter Vorländer, Innovation Lead Germany, Philips HealthWorks)

13:20 h – 13:35 h Sequencing – The new power in fighting serious diseases with big data (Dr. Fang Chen, Director of R&D Center, MGI)

12:35 h – 13:45 h The AI revolution in medicine (Agnieszka Walorska, CEO, Creative Construction Heroes / BVDW Lab AI & Health)

13:45 h – 14:00 h How blockchain is impacting healthcare (Tjaša Zajc, Business Developer, and Healthcare Communications Manager, Iryo)

14:00 h – 14:15 h Manage the digital health data tsunami (Elena Poughia, MD at Dataconomy Media and Data Natives Founder)

14:15 h –14:30 h Medication management into the future (Lea Dias, Healthcare & Robotics Expert)

14:30 h – 14:40 h Beyond the pond: The promise of mHealth in Africa (Dr. Moka Lantum, MD, MS, CEO MicroClinic Technologies)

14:40 h – 14:50 h Beyond the pond: The health InsurTech revolution in China (Sebastien Gaudin, CEO & Co-Founder, The Care Voice)

14:50 h – 15:00 h FTR4H @ SXSW 2019 festival – an inspiring fusion (Tom Mitchell, President & CEO, Messe Düsseldorf North-America Mirko Whitfield, International Development SXSW EMEA & Asia)

[Version: 27 July 2018, subject to changes]

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endorsed by

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7th MEDICA App COMPETITION (#7MAC)

15:00 h – 15:05 h Welcome & introduction 7th MEDICA App COMPETITION (Christian Grosser, Deputy Director MEDICA, Messe Düsseldorf GmbH Mark Wächter, Moderator and Host of MEDICA App COMPETITION)

15:05 h – 15:25 h Panel discussion: Global status in medical mobile solutions

Lars Buch, Managing Director, Startupbootcamp Digital Health
Dr. Klaus Stöckemann, Managing Partner, Peppermint Venture Partners
Moderator: Muthu Singaram, CEO, IIT Madras HTIC Incubator & Founder, VibaZone

15:25 h – 15:35 h Bayer #G4A: Hacking corporate culture through start-up collaboration (Oliver Gassner, Head of Digital Health Intelligence EMEA, Bayer)

15:35 h – 15:40 h MEDICA App COMPETITION: Rules, prices & 7MAC starting grid (Mark Wächter, Moderator and Host of MEDICA App COMPETITION)

15:40 h – 16:40 h MEDICA App COMPETITION: Live-pitch of 10 medical applications

3 minutes pitch & 2 minutes Q&A each

16:40 h – 16:55 h MEDICA App COMPETITION: Deliberation of jury & announcement of TOP 3 apps (Muthu Singaram, Jury Captain MEDICA App COMPETITION)

16:55 h – 17:00 h MEDICA App COMPETITION: Award ceremony (Mark Wächter, Moderator and Host of MEDICA App COMPETITION)

17:00 h – 18:00 h Drinks reception & celebration of the MAC winners

6 Must See Companies at Medical Fair Asia 2018

Medical Fair Asia 2018 is bringing in a fresh and new set of some great healthcare-based companies. These companies have taken the old way of healthcare thinking and modernized it in a way that is keeping up with our fast evolving society. Medical Fair Asia 2018 will be held in Marina Bay Sands, Singapore from August 29-31.

Image result for d-heart logo

D-Heart, a company just founded back in 2015 by Nicolò Briante and Niccolò Maurizi, has developed a major breakthrough in ECG   (Electrocardiogram) technology. What you would usually have to do at a hospital, you can now do in the comfort of your home, thanks to D-Heart’s at-home ECG device. Before D-Heart, at-home ECG’s were attempted to be made, but were complicated with wires and users had to perform intrusive skin preparation before using the machine. Now, there is a simple, yet reliable, ECG device that is user-friendly and safe, while still providing medically professional results. D-Heart hopes to gather the data collected by their ECG machines and perhaps use it to unveil some of the mysteries still surrounding one of the most important organs in our bodies.

Another big push in the healthcare industry recently is returning to the idea of at-home, personal care. A company that is capitalizing on this push is Jaga-Me. Founded in mid-2016, Jaga-Me is a company that provides multiple at-home medical services. Their mission is to enhance the well-being of patients and their families by providing personalized healthcare experiences. To just name a few of their services, Jaga-Me provides nursing procedures and healthcare at the patient’s home, no matter what level of healthcare it is. Along with these, Jaga-Me also has a medical escort service, driving patients to their appointments if they or a loved one is not able to. Jaga-Me also helps with things like personal care and hygiene, medication reminders, and companionship. With a small membership fee based on a per hour system, anyone is able to access this great service.

Efficiency is what drives industries forward, especially in healthcare. La Comanda was founded back in 2013, but is still developing new technology. La Comanda is an IoTH (internet of things and humans) company, which basically signifies a large, interrelated computing system. The idea behind this company and their technology is their “One Click” ideal, hoping to make tasks be able to be completed in one click. For example, if a family wanted to order a pizza, all they would have to do is click the “pizza” button on their La Comanda device, and it would e-order the pizza for them automatically. In healthcare, this technology has a ton of applications, whether it’s ordering a test, paging a doctor, administer medicine, the applications are really endless.

The main goal of healthcare is to save lives, simple as that. Rapid Response Revival is a company that is actively doing that very thing. Every year, 6 million people die from SCA (Sudden Cardiac Arrest). These victims end up dying because regular AEDs are large, expensive, and only in certain buildings. However, Rapid Response Revival created the world’s smallest AED. They will be made available for everyone, different from regular AEDs, fixing the difficult access to an AED in a medical emergency. These AEDs are small, easy to use, and fill a need in our society.

Quezapp takes on a more logistical healthcare problem. Doctors see hundreds of patients per week, which is hard to keep track of. Quezapp takes care of this. Providing doctors with the ability to automate patients’ visits and revisits, send referrals to other medical professionals, and have a constantly updating appointment scheduler, Quezapp takes a lot of stress out of doctors. Another perk of the app is the promotion side of it. If a doctor wanted to promote his practice, he can pay Quezapp and they will promote it. We want our medical professionals to be focused on saving lives and Quezapp helps them do that even better.

Medikabazaar is an India-based company that supplies top of the line medical supplies to every pin-code in India for an affordable price. How do they do this? Medikabazaar made an e-commerce website for purchase of supplies in order for clients to procure them more cost-effectively.  And it worked – more than a thousand hospitals, doctors, and healthcare establishments have registered on their website and made Medikabazaar their go-to supplier for medical supplies. Medikabazaar has accomplished a big feat – bridging the gap between healthcare providers and product suppliers allowing for increased access to quality healthcare products across India and the world.

Check out the complete program here.

Written by: Brett Babcock

Startupbootcamp Digital Health FastTrack Singapore

Are you the next big thing in Digital Health?

If yes, come and meet us! Our community partner Startupbootcamp China invites startups to APPLY for their Singapore FastTrack in association with FTR4H on 30 August 2018. 

What is a FastTrack?

A FastTrack is mini Startupbootcamp experience. The goal of this event is to offer startups the opportunity to present their ideas to experienced industry experts and get valuable feedback and advice on their ideas. You also get a chance to know more about Digital Health and Startupbootcamp China and how you can benefit from it. Startupbootcamp selects teams that they wish to invite to the FastTrack. So the earlier you apply, the better your chances in being selected for the FastTrack.

In Singapore you can expect:

  • Valuable insights and feedback from experts in Healthcare industry and Digital Health, which can set off your business in the right trajectory
  • Networking with some of the best Digital Health startups in your city
  • Increased chances of being selected for the Startupbootcamp China Scale program.

Who is Startupbootcamp looking for?

We want you to be a team, not an individual, and a great, complimentary team at that. A team with a great idea how to solve a REAL PAIN, clear plan for execution, working with clinical knowledge and discipline and a vision to take it to the next level. We do adore a unicorn, but we love elephants, they are larger and REAL. On the day of the FastTrack you will be asked to give a short presentation (maximum 7 minutes).

Feel free to reach out to us or the Startupbootcamp team directly via email at look@startupbootcamp.cn or APPLY via eventbrite.

We look forward to meeting you in Singapore!

Bringing the global overview of digital health to SXSW

This year’s SXSW was the second time Future for health attended one of the worlds liveliest innovation, music, entrepreneurship and latest tech trends festival. This year in Austin, Texas we hosted three companies in our pavilion in the exhibition space – G4A Generator and global FTR4H sponsors BGI and Philips Healthworks. The highlight, however, was the full-day conference, held on Sunday, March 11th.

See the full program here. 

The main focus of the program was to bring the international audience the best global speakers from various countries. After an introduction of FTR4 by its co-founder Tom Mitchell, President of MDNA, the opening keynote was in the hands of Rasu Shrestha, CIO at UPMC and Head of UPMC Enterprises.

The subject of his keynote was “Everybody wants to innovate, nobody wants to change”, and as he emphasized, the biggest danger to innovation is complacency of existing market players. When talking about innovation, we need to be aware it regards behavioral change, which requires deep design thinking. Only in such design technology can be invisible to the user and consequently effective.

Priscilla Beal, Head of G4A Generator, presented Bayers new, the US focused initiative for startups addressing self-care in the areas of sun and skin protection, external pain management, nutritional support and digital self-care.

Johannes Steger (left on the picture below), Journalist at Handelsblatt moderated the panel of patient self-care with panelists Jordi Piera Jiménez, Secretary of the Strategic IT Board at the Catalonian Healthcare Department and Jorrit Ebben, Co-founder & Managing Director, Academy Het Dorp.


Our global FTR4H Evangelist Mark Wächter talked to Brian Rosnov, Innovation Lead at Philips HealthWorks about solving Healthcare challenges via collaboration. HealthWorks a recently created unit within Philips has a mission to generate Breakthrough Innovation in the area of Healthcare particularly Digital Health. Working at a global level, HealthWorks is creating new methods of collaboration with external startups and the Healthcare eco-system to solve some of the bigger challenges that exist in Healthcare around the world.

The conversation on collaboration was followed by a debate on potentials of blockchain in healthcare with Eugene Borukhovich, the Global Head of Digital Health Incubation & Innovation at Bayer, Samson Williams, co-founder of Axes & Eggs, a cryptocurrency mining company and Michael Dillhyon, Co-founder of Swiss-based Healthbank. It was moderated by the  FTR4H Ambassador Tjaša Zajc, business developer at Iryo.

We are especially proud to offer the SXSW audience an insight into digital health development around the world. The session was moderated by Maren Lesche, eHealth Startup Expert, and Ambassador at FTR4H.

Jonathan Lee (picture above), Executive Director of Academy at MaGIC, presented Malaysia. Regine M.A. Th. Aalders, Counselor for Health, Welfare and Sport to Canada and the USA, Embassy of the Kingdom of the Netherlands presented the state of eHealth and digital health in the Netherlands. FTR4H Ambassador Moka Lantum talked about opportunities and specifics of the African market. We heard the presentation of approaches to digital health in Norway, presented by Nard Schreurs, Director eHealth, and smart living at IKT-Norge/ITK Norway.

Big Data and AI are buzzwords when it comes to healthcare future. From public health to personal patient data and transparency of medical documentation, to care personalization, to the future of work for clinicians, the expectations on Big Data impact are at times astonishing and at times alarming.

Elena Poughia, Managing Director At DataNatives and Dataconomy talked to Urška Sršen, Founder and CCO at Bellabeat, Anthony Gerardi, MBA, Chief Operating Officer of Enterprise Analytics, Gwynneth Ballentine, Digital Health Innovation Lead, TMC Innovation Institute, Sangeeta Chakraborty, CCO, Ayasdi and Wout Brusselaers, CEO, Co.founder Deep 6 AI.

After an open-mic session, we wrapped up the conference with genomics. Mark Wächter talked to dr. Wang Jingjing, a Product Manager at BGI International. Dr. Wang Jingjing gave a speech on the topic of “The Future of Genomics – Whole Genome Sequencing WGS.” She mentioned that in the field of pathogen detection, metagenomics sequencing provides a single, all-inclusive diagnostic test and allows actionable information to be obtained sooner than traditional techniques. In the future of personalized medicine, sequencing is easy to obtain, while the comprehensiveness of microbial WGS database and data interpretation will be the challenge. Metagenome sequence data will be an important tool to predict disease susceptibility and drug response.

FTR4H global sponsors:

Genomics Logo

SXSW 2018: Apply for our Open Mic Session on March 11!

As part of our FTR4H Conference we will also host an Open Mic Session.  Apply till March 8th online here and use your time to shine! You will need a maximum of 10 min to fill out our questionnaire!

We will give up to 10 healthcare startups in attendance at SXSW the chance to present their startups on stage! 1 min elevator pitch, 2-3 min grillling from the audience and some of our speakers! Don’t be shy. Walk-ins welcome!

This session is in collaboration with DataNatives!

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