Tag: patient

3 reasons why wearables are dead

Wearables and measurements. Which Point of Care devices are just gadgets and which ones bring actual better outcomes for patients? Here’s what’s wrong with wearables.

 

1. Questionable data gathering

When used for prevention, it has become clear by now, that a person gets tired of using a wearable or a health app in only a few months. It is important to note that this holds true mostly for relatively healthy people, not patients with serious illnesses.

2. We are measuring what we can, not what we should

British researcher Prof. Dr. Anthony Turner, Head of The Biosensors and Bioelectronics Centre at Linköping University Sweden: “we haven’t yet made the sensors we really need, we are using the sensors that we happen to have.” That is why in recent years investors have been more interested in other sensors: ingestibles, implantables, etc..
We are entering an era of sensors for complex chemical reactions and molecular recognition in the body. “This requires more regulation and caution in testing and development,” says Prof. Dr. Turner. However, we can expect more significant improvements and outcomes.

3. Questionable measurements

Apart from data being questionable due to inconsistent data gathering by the user, another issue is data reliability. If you wear your phone with a tracker and two tracking wearables for activity measurements, you are bound to get different results. Similar is true for home Point of Care devices. Are they then useful or harmful?
If you will ask laboratory technicians, they will tell you that Point of Care devices are far from laboratory accurate. But in which cases is that relevant? As Prof. Dr. Turner says, “from a laboratory perspective and for research purposes you always look for the best. However, Point of Care devices for patients just need to be good enough for managing conditions and early warnings. Personal devices for diabetes are not as accurate as clinical laboratory, but it doesn’t matter – they are good enough for management decision.”

You can listen the whole conversation with prof. dr. Anthony Turner here.

 

So what can we conclude out of all this? Wearables are simply a step in the evolution of health technology. Sensors are still promising us all a bright future. They bring:

1. Automation

More and more of them are embedded in the environment. Measuring is becoming seamless, taking away the issue of consistency with gathering data.

2. Savings

Biosensors have had a very long and successful history of miniaturization. “It took 20 years for that to happen for wearable blood glucose monitors, while glucose meters evolved from a huge instrument of 40,000 dollars to a device which today costs 7-17 dollars,” illustrates Prof. Dr Turner. For inventors, the biggest issue is, what kind of business model will work. But the final judgement from a financial perspective is clear: massive savings could be achieved.

 

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

Future 4 Health - © Mikko Lemola/Shutterstock

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.”

Ashish Atreja

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.

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.