healthcare Archives - FTR4H - The Future 4 Health

What will technology bring to the healthcare market in India?

Written by Tjasa Zajc on March 9, 2018. Posted in India, MEDICA.

FTR4H is returning to India on March 16th this year. Last year prior to the conference held in New Delhi, we prepared an overview of things to watch for when entering the market in India. At the event, we dived into opportunities in India from the VC perspective, and we also highlighted problems startups are facing when looking for investments.

This year at India’s 24th International exhibition and conference Bombay convention & exhibition centre in Mumbai we prepared three days of exciting content:

One of our speakers will be Pratistha Jain from Vibazone, who shared some of her thoughts on the industry.

“FUTURE OF HEALTHCARE IS BRIGHT”

“A couple of impediments have stifled the Indian healthcare market; the technology penetration in Tier II and III cities is a challenge due to lack of affordability, cost involved, demographics, income and awareness. The med-tech industry has not been regulated all these years, with inconsistent interpretation and application of regulatory standards being the norm. The new medical devices rules that have been executed this January, the Medtech entrepreneurs will have more clarity and specificity on the policies,” writes Prathistha Jain in her opinion piece on Youstory.

The healthcare landscape has evolved over the last few years. The image of a person getting a check-up has changed; in the twentieth century, the doctor would come over armed with a bag of tools and old-fashioned medical know-how. Some interesting digital healthcare solutions that have been showing promise include imaging, analyzing, processing and computing software with deep learning capabilities, a collaborative space for connecting healthcare stakeholders, telemedicine addressing the lack of accessible healthcare, management tools and platforms to standardize procedures, care delivery, prevention and wellness solutions and non-invasive point-of-care diagnostics.

Digital transformation will have a great impact on the healthcare space. This transformation could be through various new technologies such as mobile (feature phones, smartphones, phablets, tablets, wearables AR/VR, voice assistants) mobile tools and apps to improve efficiency and patient safety, manage addiction treatment and chronic diseases, IoT (Internet of Things, sensors, drones, robots, 3D printer, smart cars and homes to improve care delivery systems and emergency systems, data (big data, smart data, genomics data, bio-informatics) to quantify risk, precision medicine and disease diagnosis and artificial intelligence (medical diagnosis, robo-doc, health advisor, machine learning, health assistant, new health) to augment the diagnosis and treatment process.

Looking at the trends the future for healthcare looks bright and promising with some minor impediments to be faced through the journey.

Read the full story HERE.

The place to be for digital health start-ups in November!

Written by Tjasa Zajc on August 6, 2017. Posted in MEDICA.

The world’s leading trade fair for the medical industry will take place in Düsseldorf between 13 – 16 November 2017.

MEDICA World Forum for Medicine in Düsseldorf has a 45 years long tradition! As a startup, there are at least three reasons why you might be interested in attending this year.

First, there will be more than 5,100 exhibitors and 127,000 visitors there. Plenty new people to meet!

Second, to gain visibility, you can apply to the MEDICA App COMPETITION, compete for rewards, meet our experts.

FTR4H ambassadors: Dr. Hu Junhao, Entrepreneur, Mark Wächter, Entrepreneur, Dr. Ashish Atreja, Gastroenterologist & CTO at Icahn School of Medicine at Mount Sinai, Dr. Klaus Stöckemann, Venture Capitalist, Maren Lesche, Entrepreneur and Communications Manager, Muthu Singaram, Entrepreneur & Venture Capitalist, Tjasa Zajc, Journalist and Audience Developer.

The most important reward for the winner of the MEDICA App Competition is certainly the global awareness created at MEDICA as well as through MEDICA means.

What else?

In addition the solution ranked number 1 will be rewarded with EUR 2,000, the number 2 with EUR 1,000and the number 3 with EUR 500.
Our partner SXSW grants two (2) ‘SXSW 2018 Interactive badge registrations’ worth USD 1,325 per pass to the winning team for accessing the cult event SXSW 2018 in March 2018 in Austin, TX (USA).
Our partner Startupboothcamp (SBC) Digital Health sponsors following vouchers for the top 3 places:
– 1st price winner gets one (1) exclusive ticket to attend SBC Masterclass in Berlin during the next SBC Health program
– 2nd price winner gets a SBC mentoring dinner in Berlin
– 3rd price winner gets 1 hour of SBC online mentoring

Applications are open until 30 September 2017.

Third, you can buy your spot at the MEDICA Start-Up Park.

For the first time, 20 start-ups up to 3 years old will get a chance to present themselves to the visitors throughout the duration of the fair. Don’t think twice about meeting key industry players from Siemens, Philips, Mindray, Toshiba, Compugroup Medical and many more. A pitch at MEDICA CONNECTED HEALTHCARE FORUM. is included in the price of a spot at the MEDICA Start-Up Park. More info here.

See you in November!

China, we’re coming back!

Written by Tjasa Zajc on June 16, 2017. Posted in China, MEDICA, Trends.

Medical Fair China saw the successful launch of the FTR4H platform at the 2nd China Medical Innovation Forum in Suzhou from June 10 to 11 2017.

The FTR4H Talk & Lounge was a combination of an inviting meeting spot – where Startups, Corporates, VCs and other Digital Health aficionados mingled and discussed the Future for Health in a market like China – with a half-day session in the conference forum on the latest developments in Health-Tech.

FTR4H Talk & Lounge

The partners of the FTR4H Talk & Lounge covered the whole spectrum of the Digital Health Continuum. We had hospitals, researchers, startups and corporates sharing their latest products, services and ideas around how Mobile, IOT, AI and Data are transforming the healthcare sector.

Special focus was put on elderly care with the support of digital solutions, which is a worldwide, not only Chinese challenge. Dr. Junhua Hu, CEO of DARMA INC, a Shenzhen based Digital Health Startup grown up in the famous HAX accelerator ecosystem, rocked the stage with valuable insights and a comparison of the US and Chinese markets.

Sebastien Gaudin from the Shanghai based startup The CareVoice, explained, how close HealthTech and InsureTech are, with demoing the partnership with AXA on the field of a trusted and reliable platform to improve patient experience.

The highlight of our FTR4H inaguration in China was a Fire Side Chat moderated by Mr. Mobile and FTR4H Chief Evangelist, Mark Wächter. All participants agreed, that the Golden Age for Digital Health in China is just beginning.

FTR4H society will be back for sure at Medical Fair China in Suzhou in September 2018!

In the meantime, we will establish a network of digital health movers & shakers in China. We are proud that we won Junhua as our first FTR4H Ambassador in and for this unique market. He will start to extend the FTR4H society now – watch out 🙂

Who will be the guest startup at FTR4H Lab&Lounge at MEDICA 2017?

Written by Tjasa Zajc on May 30, 2017. Posted in MEDICA.

Nine startups were presented at the INFUSE Digital Health Networking Event, the first FTR4H partnership event, which took place in Ljubljana, Slovenia in May. The winning team – a Croatian startup Toothcam – will visit MEDICA Trade Fairin November 2017 in Düsseldorf as a guest startup at the FTR4H Lab&Lounge.

INFUSE Digital Health Networking Event consisted of a short conference program and presentation of digital health startups in the Balkan region. Three startups were chosen to continue discussions about their solution with experiences industry opinion leaders from Startupbootcamp Digital Health Accelerator and Bayers Grants4Apps Accelerator. The jury members were:

Dr. Jesus del Valle, Head of Bayer’s Grants4Apps Accelerator
Dr. Klaus Stöckemann, Managing Partner at Peppermint Venture Partners
Dorjan Marušič, Practicing Cardiologist, Former Member of the Panel of Experts, DG Sanco,
Stanislav Sirakov, Partner at LAUNCHub
Dr. Axel Polack, General Partner at the Joint Polish Investment fund
Alex Farcet, co-founder of Startupbootcamp – global network of industry-focused startup accelerators

Prior to the startup competition a panel on business models in digital health was held with the jury members. You can listen to it on Medicine Today on Digital Health Podcast on Soundcloud or iTunes.

Startups, presented at INFUSE Digital Health:

Toothcam (NR.1!)

Is a digitalized dental mirror for better insight and easier work for dentists. The team observed dentists suffer from back pain due to constant bending during their work. Toothcam aims at solving a problem with a camera. This reduces the need for bending and allowing easier, faster, cheaper, and better dental service by improving dentists’ vision.

GlutenTag

GlutenTag is an app for people who do not tolerate gluten. It could pass between two hours to two days (depending on a person’s physiology) between an ingested meal with traces of gluten and the symptoms harming celiac patients. By labelling past meals / restaurants as safe / non-safe on the digestive tract of gluten intolerant person (or persons, through aggregation), the user can easily detect problematic food products.

Anti-stress clinic

Anti-stress clinic is an app to support stress management, mental strength and mental health.

Feelif

Feelif enables blind and visually impaired people to feel on a standard touch screen. Current tools for the blind are expensive and/or one-dimensional, big, not interactive, not fun and not creative. Feelif is a standard tablet. By putting a special grid on top of the touchscreen, and installing a special app, Feelif signals to the blind person what’s beneath her fingers with the use of vibrations, sound and speech. Feelif enables the user to feel shapes/geometric functions, draw, learn Braille, exchange knowledge, watch interactive stories, play games…

Mediately

Mediately is the name of a company working on an app. The doctor can check how to dose the drugs, there are any unwanted interactions with other drugs, and other aspects of care. In addition, he can use various diagnostic tools in the app to help him diagnose the condition, and then help him treat the patient.

Top three teams selected by the jury – Blaž Triglav (Mediately), Ivan Guć & Tomislav Mamić (Toothcam), Željko Khermayer (Feelif).

Zavest d.o.o.

The Insulated Multimedia Space invention – The Awakening Room® – boosts the natural self-healing properties of the immune system with the help of a focused energy field. It solves the problem of vitality and courage in life for everyone, including the patients before and after major medical procedures.

FlySentinel

The system supervises the physical condition of a pilot and his entire flight. In case of a problematic interference affecting the pilots piloting capabilities, the pilot gets warned about the source of the problem. After the flight, the pilot can save all the data gathered in the cloud for later analysis.

Tobiar

Tobiar is a massage device with a USB charging option, intended to primarily massage the wrist, the carpal tunnel area and by that prevent repetitive strain injury. It can also be used to massage other parts of the body, suffering due to repetitive strain injuries.

iEmbryo

IEmbryo is a kit to help prevent a miscarriage. It embeds the embryos of the embryo. In case of suspicious events, the mother can connect to the doctor through the platform to get advice or act before misfortunate event for the baby.

Opportunities in India from the VC perspective

Written by Tjasa Zajc on April 7, 2017. Posted in Data, India, MEDICA, Mobile.

“Just creating an app does not mean you have a company. The key key question is: are you solving a problem?” These were the opening words of Pradeep K. Jaisingh, Founder of HealthStart India, at the VC Panel at #FTR4H program at MEDICAL FAIR India in New Delhi. Panel was organised by HealthStart. The main aim was to highlight VC perspective on the digital health startups scene in India.

As said by Mr. Jaisingh, the basic background of technology needs to be that it improves the outcome. A solution needs to solve a problem and be sustainable. From the macro perspective, potential for disruptive innovation in India is big, said Mr. Jaisingh. Especially in terms of diagnostics, treatment and management of chronic diseases.

The doctor’s expectations in the near future are high. Artificial intelligence can be utilized to effectively synthesize patient information before his visit in the hospital or a doctor’s office.

What do the doctors need?

Private Equity Professional Mayur Sirdesai, Director at Somerset Indus Capital Partners, warned, the key issue in digital health technology and innovation is probability of adoption. “When a doctor has a line of patients in the waiting room, he can’t be bothered by entering data in the computer,” he mentioned. The second challenge is payment for digital solutions. Revenue model of a startup is crucial to implementation of a solution in practice. In India, most payments are still out of pocket which might change with the development of the insurance market.

From the perspective of Shuchin Bajaj, Founder Director at Cygnus Medicare, a big potential in India is in putting more effort into medical education of other specialists and healthcare providers, apart from doctors. “We are to doctor-centric. I am a big fan of personalized medicine and “ayurveda” in that sense. These sciences look at the patient as an individual while medicine takes the patient as a dataset. Ayurveda does not treat the disease,” he said.

Needs and payments

Partha Dey, Healthcare Leader and SME at IBM India mentioned the need for more collaboration: “It is clear and we agree we need to walk together and collaborate. Technology can work as a platform and our idea is to use it to solve real life problems. We are working on longterm solutions. The first issue is always the business case. What do users need? What are they prepared to pay for? A lot of startups have ideas, but struggle with translation and implementation in practice.”

Vikram Gupta, Founder and Managing Partner at IvyCap Ventures Advisors described India as a unique market because of the payment system. “In the developed world insurance takes care of healthcare. Our environment drives behaviour. Hence healthcare consumption is different compared to the rest of the world. The opportunities here are of different nature than in other countries. One thing to look at is infrastructure. Ratio of hospitals does not match population needs.” Huge opportunities lay in financial assistance for healthcare, concluded Vikram Gupta.

Top 5 things on healthcare business in India

Written by Tjasa Zajc on April 3, 2017. Posted in India, IoT, MEDICA, Mobile.

FTR4H is in full preparations for MEDICAL FAIR INDIA 2017. Before arrival, we talked to Incubators, Companies, Start-ups, Experts… Here’s what you might find useful if you’re thinking about doing business in India.

1. Make good market research

India ranked at 130 out of 189 economies in 2015 according to the World bank. 4% of the GDP go to healthcare; around 60% of expenses for healthcare are out of pocket, according to OECD. Almost a third of the population is supposed to own a smartphone by 2019, claims GSMA report. All this goes in favour to digital health or at least mHealth solutions, but keep in mind plenty of good startups on the ground are busy tackling everyday issues.

The country is extensively working on using all the advantages of digital solutions to improve people’s lives and health. Heard of Aadhar? It’s unique-identity number issued to all Indian residents based on their biometric and demographic data such as eyes and finger prints. Nishal Arvind Singh, Founder NASS & Associates IPR Boutique law firm and Legal policy advisor to Honourable Health Minister Satyendra Jain of the Delhi Government explains the plan behind the project: “All payments will be linked with aadhar, to avoid duplicity, promote increase in online payments and disbursement to beneficiaries under many governmental schemes for education, pension etc. This will enable direct transactions into beneficiaries bank account, which will prevent corruption,” says Arvind, adding that in time, it will be connected with healthcare. The unique identification number of a person will prevent duplication and confusion in data management and insurance claimes with others with the same name.

2. Do you have enough time for business here?

According to a World bank report from 2006, it takes 56 procedures and approximately four years for a simple commercial contract in India. As explained by Prabhu Guptara, a distinguished Professor of Global Business, Management & Public Policy at William Carey University, India, a Member of Boards of different companies in the UK, Germany and Switzerland, the problem is the bureaucratic system. It takes years for the legal claims to be processed, let alone enforced. It is a slow system, so brace yourself with energy and patience to conquer it.

3. Know that India has very good medical doctors

Top class. World renowned. There’s a reason medical tourism flourishes here. However, as Sachin Gaur warns, 80% of people live in rural areas and only 20% of facillites are there. There are different initiatives to improve access, such as the the mohalla (neighbourhood) clinics. As explained by the hindustantimes, they were started with the aim of taking diagnostics and treatment of simple ailments to people’s doorstep and reduce the footfall in tertiary care hospitals.

4. Can you make a subscription plan under a dollar a month?

India has 1.3 billion people, the majority is poor. “2/3 of the population can’t be your target market. 30% of the population lives on less than 2.5 dollars/day, another third 5 dollars/day. Which still leaves you with 400 million people you could address,” says Prabhu Guptara. However, given the number of people, if you can design a subscription model for around 20 cents, than you might address the poorer population, says Sachin Gaur, Director Operation at InnovatioCuris. Taking into account the volume you could reach, it can turn out to be a viable business model.

“If you can design a subscription model for around 20 cents, than you might address the poorer population,” says Sachin Gaur, Director of Operations at InnovatioCuris.

5. Ask, connect to people on the ground

Have you heard of HealthCode.io? It’s a platform for healthcare professionals where you can find people interested in co-creation, consulting, commercialisation, fundraising, mentoring, investing, validation. The app, as the founders claim, already has members from 52 countries, so you might find useful connections even outside India!

Be sure to check the two episodes of Medicine Today on Digital Health! Praphu Guptara speaks about differences in the healthcare systems in India, Switzerland or England. Sachin Gaur talks about the innovative solutions in India and problems of digital solutions and cyber security. You can find it on iTunes or Soundcloud.

“Many good Indian startups don’t get funding if their founders are not from a first-class Indian engineering college”

Written by Tjasa Zajc on March 27, 2017. Posted in India.

eSec Forte Technologies is a Global Consulting and IT Services company with expert offerings in Enterprise Application Development Services, Mobile App Development, Information Security Services, Supply Chain Management Solutions and Corporate Training. eSec Forte Technologies is a FTR4H ecosystem partner and some representatives will be present at our FTR4H Lab & Lounge at MEDICAL FAIR INDIA 2017.

*Surbhit Bansal, Business Manager at eSec Forte*

Curious about the program of FTR4H Lab & Lounge? Check it our here.

We talked to their Business Manager Surbhit Bansal about the company, their collaboration with Start-ups and presence in the Healthcare sector.

eSecforte focuses on IT and security – how active are you in the area of healthcare? Where are you present in India?
Surbhit Bansal: We are a company with our core business of IT and Security. We are present in India and abroad in the healthcare domain, working with organizations such as Ministry of Health, AIIMS, Max Healthcare, NACO, SOS Children’s Village International, NARI, United Health Group, Images Radiology. At Medical Fair India we will focus on presenting our Clinic Management System and Supply Chain Management System.

How do you collaborate with the Ministry of Health?

We have been developing software projects for the Ministry of Health through global NGOs and through direct contacts with couple of departments at AIIMS (All India Institute of Medical Sciences). The projects are generally being used for educational purposes and streamlining processes in rural India. As far as cyber security is concerned, we provide the required security services or product licenses as required by the departments.

According to Mandiant Consulting’s “M-Trends 2016, Asia-Pacific Edition,” Indian organizations are more susceptible to data breaches because of poor investments in high-end security solutions. When it comes to health, cybersecurity is, in the era of growing telemedicine and mHealth solutions, so much more important. Do you know of any major health data thefts/threats/problems etc?

The data is centralized and mostly with NIC (National Informatics Centre) servers and highly secure. It’s a false impression that Indian health data is being leaked. Yes, it is as vulnerable as other data but adequate security measures are being taken by the government to prevent data leakages.

What does your Clinic Management System encompass? Is it only an IT system with the main purpose of enabling adequate billing or is there also any inclusion of clinical support, EHR development etc.?

It includes clinical support and EHR development. Details can be viewed on our website http://www.esecforte.com/clinic-management-system/

How can startups collaborate with you?

We can support them right from conceptualization, design, development, testing and delivery of their products. Another area is helping them launch their product’s MVP by the time they establish their team and processes using our years of experience.

So these are potentials what you could offer. Are you actively seeking startups to work with or acquire? What is the basic model of your collaboration with startups? If you help them, do you take equity, do you charge them a fee or something else?

We are not actively seeking to acquire any startup at the moment. We prefer a Fee-based model and in case any startup looks promising we can work on equity model providing the required technical support.

Is there any specific issues you could outline you see startups in India are facing? Are the issues any different than abroad according to your expertise? Where would you say the biggest differences lie?

The major hurdles that we can see based on our experience is a lack in focus on operations by Indian startups. They focus too much on technology and spend heavily on resources allowing them to survive only until investor’s pockets are heavy. Secondly, many good startups don’t get funding if their founders are not from a first class Indian engineering college such as IIT. As a result many startups with solid ideas are unable to grow or survive.What are you going to talk about at Medical Fair India in New Delhi? We are going to talk about Digital Health Solutions alongside the healthcare continuum and how mobile health is restructuring healthcare delivery.

Join us! Get you free ticket here.

FTR4H Program for Digital Health Futurists at MEDICAL FAIR INDIA 2017 is out!

Written by Tjasa Zajc on March 27, 2017. Posted in MEDICA, Weblog.

If you’re a part of the Digital Health universe and based in India, there’s only one place you should be during 6-8 April. MEDICAL FAIR INDIA, taking place in New Delhi, invites you to explore the FTR4H Lab & Lounge at MEDICAL FAIR INDIA 2017, Pragati Maidan, New Delhi.

The event is sponsored by: IBM, Intel and eSec Forte.

Our ecosystem partners are: HealthStart, Medhoop, InnovatioCuris, T-hub, ib-hubs, Smart Cities Lab, InnovatioCuris, HealthCode.io.

AGENDA

April 6th (draft):

14:00 – 14:05 Introducing FTR4H / Mark Wächter, FTR4H Chief Evangelist / MWC.mobi

14:05 – 14:20 Digital Health – a global snapshot / Tjaša Zajc, FTR4H Global Audience Developer

14:20 – 14:40 Infrastructure Services for healthcare customers/ Mr Ashish Kothari, Associate Director – Infrastucture Services, IBM Global Technology Services – Cloud

14:40 – 15:00 Digital health Solutions alongside the healthcare continuum / Satish Choudhury, eSec Forte

15:00 – 15:10 DOC n Me / Samidha Garud

15:10 – 15:20 Track My Beat

15:20 – 15:40 Tech Mahindra

15:40 – 16:00 FTR4H Fireside Chat

FTR4H (Future For Health) is an international platform, which enables discussions, meetings, dialogs and networking among thousands of Digital Health start-ups, corporations and investors, including accelerators and media from around the world. We explore how Digital Transformation effects the healthcare industry: Mobile – Feature Phones, Smartphones, Phablets, Tablets, Wearables, VR Headsets, IOT – Internet of Things – Sensors, Drones, Robots, 3D-Printer, Smart Things like Cars and Homes, Data – Smart Data, Self Data, Genomics Data, Safe Data.Future for Health acts as a think tank and definer to connect all global Digital Health Ecosystems in markets like China, Europe, India, Israel and the US with MEDICA – a hashtag to categorize what drives Digital Health: #FTR4H

April 7th (draft):

12:00 – 12:05 Introducing FTR4H / Mark Wächter, FTR4H Chief Evangelist / MWC.mobi

12:05 – 12:20 Digital Health – a global snapshot / Tjaša Zajc, FTR4H Global Audience Developer

*Tjaša Zajc, Journalist, FTR4H Global Audience Developer*

12:20 – 13:20 HealthStart VC Talk

Pradeep K. Jaisingh (Chairman, HealthStart), Apoorva Patni (Currae Healthtech Fund), Mayur Sirdesai (Somerset Indus Capital Partners), Vikram Gupta (IvyCap Ventures Advisors Private Ltd.), Dr. Tarun R (Utilis Capital Advisors)

13:20 – 14:30 LUNCH BREAK

14:30 – 14:50 How Mobile Health restructures healthcare delivery / Kunal Bajaj, Director at eSec Forte

14:50 – 15:10 Digital hospital and Cognitive Technology / Mr Partha Dey, IBM

15:10 – 15:20 Digital Health Trends in Asia and Business Opportunities / Dr Karthik Anantharaman, CMO at BPL Medical Technologies

***MEET, GREET and MINGLE WITH THE DIGITAL HEALTH COMMUNITY***

16:00 – 16:45 Pitches for the FTR4H India Award

16:45 – 16:55 Jury Deliberation*

*The jury:

Dr Vishal Bansal – Investor, Mentor, Technology Enthusiast & Docpreneur

Pradeep K. Jaisingh – Chairman HealthStart India

Mark Wächter – FTR4H Chief Evangelist & Mobile Strategist

Dr. Tarun Ramole – Digital Health Evangelist, Director Utilis Capital

Tjaša Zajc – FTR4H Global Audience Developer & Journalist
Muthu Singaram, CEO, IIT Madras HTIC Incubator

16:55 – 17:10 Award Ceremony

17:15 – 18:00 Mingle and network with the Digital Health community

Join us at our Meet, greet and mingle event. Register HERE.

This event is enabled by:

Future 4 Health - © Mikko Lemola/Shutterstock

5 reasons why hospital mHealth apps are a win for patients and doctors

Written by Tjasa Zajc on March 3, 2017. Posted in Mobile, Trends.

There are currently more than 260,000 mHealth apps on the market, according to data from Research2guidance. Whereas this may be exciting news, the sheer number may also be overwhelming for patients and doctors. How can you know what is useful and what is not? One way hospitals are solving the app reliability challenge is by building in-house innovation incubators.

To get to know how that works, listen to a conversation with Ashish Atreja, the CTO of Sinai AppLab at Mount Sinai, in the fourth episode of Medicine Today on the Digital Health podcast.

He are 5 reasons why in-house innovation incubators are good news.

1. Accelerating change

Innovation arms in hospitals are exciting because they help introduce novelties into the rigid healthcare systems.

2. Providing reliability

New solutions are designed by high profile specialists in hospitals. Consequently, solutions are tested inside the hospitals and perfected before they are put on the market.

“I would never give or prescribe medicine to any of my patients that has not been approved in some formal capacity. Why should I prescribe an app?” says gastroenterologist Ashish Atreja, MD, MPH. If you’re a startup, he might take a look at your solution. Why?

One of his jobs as the CTO of Sinai AppLab is onboarding new technologies built by startups outside Mount Sinai. After all, he emphasizes, “it’s impossible for one incubator to do and know everything.”

3. Ease of recommendation

It is easier for doctors to recommend in-house solutions, because they have better access and understanding of the innovation process and reliability of an app compared to the flood of other mhealth digital health offerings on the market.

As Ashish Atreja explains, Mount Sinai even build a platform which allows physicians to prescribe evidence based apps. “We curate the best apps based on the evidence, security and safety. There’s a whole team of people rating the best apps, looking at the published evidence and bringing them to the market place.”

4. Financial benefit

Innovation arms generate new revenue streams for hospitals.

5. Encouraging innovation

When a support environment for creativity is in place, doctors who want to innovate can test and develop their ideas. They also get all the entrepreneurial support in scaling and improving their ideas, so they can reach patients faster.

In 2012, Cleveland Clinic experts designed the Medical Innovation Playbook – a detailed report on the diverse and rapidly evolving technology commercialisation programs of the USA’s top medical centres. It includes an overview of nearly 10,000 invention disclosures, 6,400 patent applications and almost 2,000 issued patents.

Want to know more? Tune into the fourth episode of Medicine Today on Digital Health podcast. You can find, listen, subscribe, rate, follow, share the podcast in Soundcloud or in iTunes.

Digital Health Startups from India, are you ready to join the future?

Written by Tjasa Zajc on March 3, 2017. Posted in India.

MEDICAL FAIR INDIA 2017 is approaching fast and Future For Health team (FTR4H) is very excited! Why? Because lively discussions, inspiring pitches, good energy and networking with creative people is always something to look forward to! That is exactly how our FTR4H Lab & Lounge at MEDICAL FAIR INDIA 2017 will look like. Join us!

Write to Bhardwaj Love (BhardwajL@md-india.com), to take part in our programme!

If you do not want to pitch, register for the “FTR4H: Digital Health futurists Reception” in Delhi on April 7th!

FTR4H Lab & Lounge at MEDICAL FAIR INDIA 2017

Which VIPs will you meet at the FTR4H – Lab & Lounge event at http://www.medicalfair-india.com/?

The FTR4H health lounge will be featured to the 13,000+ healthcare professionals who will be attending Medical Fair India 2017. In terms of Digital Health angels, mentors and the venture capital ecosystem, we have representatives present of companies like Bertelsmann India Invest, HealthStart, iB Hubs, Peppermint VenturePartners, pi Ventures, t-hub, Utilis Capital Advisor.

Will the Medical Fair India (MFI) floor be open to FTR4H – Lab & Lounge participants?

Yes, FTR4H is an integral part of Medical Fair India, and it will be open for MFI visitor to visit FTR4H and vice versa. MFI is expected to be attended by 13,000+ healthcare professionals.

“Will the Pitch Your Solution” be open for Medical Fair India participants & visitors, or will it be restricted to FTR4H Lab & Lounge visitors & participants?

The opportunity to pitch will be restricted to FTR4H lounge participants (Sponsors, Startups) but every visitor interested in Digital Health can attend it.

Who are the Industry experts who will be moderating and judging the Digital Health Panel discussion & the “Pitch Your Solution” competition?

Pitching your solution means that you will present it to the interested public. It is a great chance to test your own story. We will not judge the pitch. For selecting the best Digital Health solution a dedicated FTR4H Award ceremony will be held on Friday afternoon April 7 at the lounge. The following names are currently aboard for hosting and guiding the pitches:

Dr Vishal Bansal – Investor, Mentor, Technology Enthusiast & Docpreneur Pradeep K. Jaisingh – Chairman HealthStart India
Mark Wächter – FTR4H Chief Evangelist & Mobile Strategist
Dr. Tarun Ramole – Digital Health Evangelist, Director Utilis Capital
Tjaša Zajc – FTR4H Global Audience Developer & Journalist

[learn_more caption=”What is FTR4H?” state=”open”] FTR4H is an international platform, which enables discussions, meetings, dialogs and networking among thousands of Digital Health start-ups, corporations and investors, including accelerators and media from around the world. [/learn_more]

What are the parameters for presenting at “Pitch Your Solution”?

Each startup will have 5 minutes to pitch every day during the whole fair (3 times). This is no competition, but a presentation offering you an opportunity to practice your pitch among your targeted public and get valuable feedback.

What is the format of the “Digital Health Panel” discussion? When will the topics for the discussion be made known to the participants?

Each startup has one pitch and one panel discussion per day. The panel discussion will be held with 5 startups in total plus a moderator. The topic will be decided based on represented solutions. Overall topic is how Mobile, IOT, AI and Data changes healthcare in a mobile-only country like India.

Are both the “Pitch your Solution” and “Digital Health Panel Discussion” part of the FTR4H – India competition?

No. All exhibiting startups at the FTR4H lounge automatically qualify for participation. The FTR4H India Award is a dedicated award ceremony taking place on Friday, April 7th, at 4 pm at the FTR4H lounge.

What are the benefits of the FTR4H India Award? Are there mentorship opportunities to be gained from the award?

The winner of FTR4H will get a mentorship by HealthStart Accelerator for their upcoming Accelerator programme. FTR4H acts as a Think Tank and connector of Digital Health ecosystems in China, Europe, India, Israel and the US with the World of MEDICA. The winner of FTR4H India Award will receive a global recognition through our global initiatives and exposure on our website: www.FTR4H.org.

Who is in the audience for the Blog Post and the teasers? How big and diversified is this audience base?

The FTR4H website is promoted on all Medica Trade Fair websites corresponding with the global roadshow, therefore the attracted audience are experts from the MedTech industry from around the globe.

Tag: healthcare