Webinar: Digital Health Strategy: Leveraging Emerging Technologies in Healthcare
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The document discusses a digital health strategy focusing on leveraging emerging technologies in healthcare, particularly in response to the COVID-19 pandemic. It highlights the exponential growth of global healthcare data, projections for various market segments including telehealth and mHealth, and the increasing role of AI and IoT in the sector. Challenges such as clinical staff shortages and technology adoption by health insurance are identified, along with proposed solutions including telemedicine and digital transformation for insurance management.
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Webinar: Digital Health Strategy: Leveraging Emerging Technologies in Healthcare
- 1. Digital Health Strategy: Leveraging Emerging Technologies in Healthcare
- 2. TIM KOZAK Solution Architect Experience: 10+ years DIANA KOCHEVA Business Development Manager Experience: 7+ years Speakers
- 3. HQ & Strategic Delivery Locations OSLO NEW YORK LONDON KYIV MINSKPALO ALTO > with over 5 years of IT experience76% > Master’s degree or higher81% > total attrition rate~14% > target attrition for 2019~12% Intellectsoft Team Key Figures Hong Kong representative office establishment is in progress RIVNE HONG KONG
- 4. For over 13 years, Intellectsoft has been helping Fortune 500 companies and established brands build solid software foundations for their businesses. Intellectsoft Key Clients
- 5. Global Healthcare Industry Overview & Technologies DIANA KOCHEVA Business Development Manager at Intellectsoft
- 6. COVID-19: Greatest Health Crisis in a Century COVID-19 pandemic threatens to become one of the most difficult tests faced by humanity in modern history. As confirmed cases of COVID-19 spread, it has the potential to take lives, overwhelm health systems, and trigger lasting changes. The International Monetary Fund says the global economy now faces its worst downturn since the Great Depression, and half a billion people could be pushed into poverty. The bad news is — no one knows when the pandemic will end.
- 7. An Increasing Global Healthcare Data The amount of global healthcare data is expected to increase dramatically by the year 2020 due to obvious reasons. Despite the growing amount of data, there is not enough storage space to accommodate the data being generated. It is projected that by 2020 there will be 985 exabytes of storage available for healthcare data but there will be 2,314 exabytes of healthcare data generated.
- 8. Global Healthcare Big Data Market It is estimated that the size of the global big data market related to healthcare from 2016 to 2025 will increase from around 11.5 billion to nearly 70 billion U.S. dollars.
- 9. Global Digital Health Market by Numbers By leveraging the power of leading-edge solutions, healthcare-based organizations can effectively solve once-impossible challenges and issues. The digital health market is forecast to expand over $200 billion by 2020 driven particularly by the mobile health market.
- 10. The Future of Telehealth Global telemedicine market size is forecast to reach more than $41 billion by 2021, according to Statista research. TeleHealth virtual visits versus office visits (2017-2025) Benefits of telemedicine solutions: 1. Increased access to medical care 2. Improved quality of care delivery: a. 38% fewer hospital admissions b. 31% fewer hospital readmissions c. 63% more likely to spend fewer days in the hospital 3. Reduced healthcare costs 4. Enhanced traditional face-to-face medicine 5. Improved patient engagement and satisfaction
- 11. The Rise of Mobile Health (mHealth) The total global mHealth market is expected to reach $100 billion by 2021, according to Statista. According to the Wolters Kluwer Health infographic, that’s what medical professionals search while using mobile devices: ● 72% search for information on drugs ● 63% perform a medical search from tablets ● 44% communicate with staff 3 FEATURES Patients Desire in Healthcare Mobile Apps Access to their EHR/EMR (electronic health/medical record) Ability to book, cancel, and reschedule appointments Ability to process refills on their prescriptions
- 12. IoMT and Remote Patient Monitoring The IoMT-based solutions help experts greatly and will definitely change the whole medicine sector shortly. In compliance with the survey of the Research and Markets, the total amount of the IoMT devices is forecast to reach $20-30 billion by 2020. IoT can reduce the costs of operational and clinical inefficiencies by $100B or 25% per year. 60% of healthcare organizations already implement IoT in their facilities. 40% of all IoT technology will be health-related by 2020. 47% of companies are expected to increase their use of connected health devices.
- 13. Healthcare Cloud Computing Market Driven by the two most critical reasons: to reduce costs and improve the quality of services, medical institutions embrace cloud computing globally. COMPOUND ANNUAL GROWTH RATE (CAGR) 2019-2025 15% Non-clinical segment 15.7% Private cloud computing sector >15% Services segment 15.7% Pharmacies end-use sector 2018 $20B CAGR (2019-2025) 15.7% 2025 >$55B
- 14. Artificial Intelligence in Healthcare 75% of medical companies and institutions are planning to implement AI algorithms into their ecosystems within a few years. Overall, the healthcare artificial intelligence industry value, worth USD 750 million in 2016, is predicted to hit USD 10 billion by 2024. Drug Discovery Wearables Others U.S. Healthcare Artificial Intelligence Market Size, By Application, 2018 —2025 (USD Million) 2000.0 1800.0 1600.0 1400.0 1200.0 1000.0 800.0 600.0 400.0 200.0 0.0 2018 2025 Medical Imaging & Diagnosis Hospital Workflow Others Therapy Planning Virtual Assistants
- 15. Blockchain Technologies in Healthcare Since the amount of generated data from various IoMT devices and other healthcare technology solutions is enormous, it’s vital to provide the reliable security and integrity level and Blockchain is an excellent solution here. Compound Annual Growth Rate (CAGR) 2019-2025 67% Drug supply chain integrity sector 65.7% Health payers segment
- 16. Healthcare Leaders Invest in Emerging Technologies The challenges before the global health care sector are plenty. But so are the opportunities. As health care sector stakeholders prepare their roadmap for the future, it is important for them to have a panoramic view of what’s working and what’s not, what’s redundant and what’s hot in their circles. PATIENTS NEW ENTRANTS PROVIDERSPOLICY MAKERS PAYERS Consumerization Personalization convenience and value Consolidation Service-line excellence sophistication Customer-centric Automation pay for performance Real-world evidence Safety label expansion Investments Disruption partnership with incumbents STAKEHOLDERS
- 17. Emerging Technologies Use Cases in Healthcare TIM KOZAK Solution Architect at Intellectsoft
- 18. Challenge: Medical Treatment and Diagnosis in Lockdown Reality The ongoing global crisis forced healthcare institutions and regulatory bodies to turn to alternative ways of providing healthcare while limiting exposure to the virus. Just a couple of months ago, no one could have predicted the extent of the COVID-19’s effect on society. Entire countries are under lockdown in a bid to limit the spread of the virus. Digital health fares as an adequate solution in these circumstances. Telemedicine is presenting itself as the ideal quick fix to these woes by limiting patient displacement to hospitals, allocating hospital capacity to important cases, all while curbing the disease spread.
- 19. Solution: Telemedicine Healthcare Solutions FEATURES 1. Online video appointments 2. Search for a necessary specialist 3. Appointment scheduling 4. Patient data storage 5. Built-in payment gateway 6. Integrated maps with local pharmacies to buy prescription drugs 7.
- 20. Challenge: Clinical Staff Shortages Hundreds of health care workers have been sent home from work due potential exposure to the new coronavirus. Dozens of others have gotten sick with it. Health experts from all over the world are concerned that the growing number of cases could leave hospitals short-staffed. The shortage of medical resources during the COVID-19 crisis likely will lead to new efforts to build large reserves of necessary staff for a variety of pandemic scenarios as well as regulation and incentives to enable manufacturing to quickly ramp up production.
- 21. SOLUTION FEATURES Solution: Healthcare Staff Management The idea behind this solution is to empower medical professionals with a simple tool that gives them flexibility, control, and more. An on-demand healthcare staffing solution consisting of two parts: ● iOS and Android app with an Uber-like feel (for the Nurse role) ● Web admin panel (for hospital administrator or security supervisor role) ● Authentication and registration ● Accounts and credentialing management ● Nurse and hospital management ● Shift management and calendar ● Notification center ● Check-in and check out ● Payments ● Data export
- 22. Challenge: Lack of Expert Knowledge Database and Access to Health Information The healthcare industry is constantly facing problems with a lack of good resources. The processes in hospitals are too complicated and lengthy. So where is the main problem? The job of healthcare IT professionals is not to complicate the already lengthy processes but is to infuse feasibility. And the same can be achieved with the application of the latest technologies. Technologies such as machine learning, artificial intelligence and more will assist the IT professionals to create channels or a single platform from which the structured data can be retrieved and efficient and personalised care can be given to patients.
- 23. Solution 1: Medical Treatment AI-based Tools A model based on a segmentation of health records k-means, etc. A therapy- personalized model based on regression A model based on socio-demographic profile A model built on the co-occurence A model based on collaborative filtering A user-personalized model based on regression SHORT HISTORY GOOD HISTORYNO HISTORY ENOUGH HISTORY MIDDLE HISTORY LONG STABLE HISTORY ● Use three different Machine Learning modules that compete with each other to improve predictions ● Continuously improve medical treatment results prediction● Integrate with CRMs and wearables ● Provide data tools for medical experts and nursery to support patients SOLUTION
- 24. SOLUTIONS FEATURES BENEFITS Solution 2: AI-enabled Diagnostics and Medical Predictions Chatbot Platform 1. iOS application that allows you to interact with a chatbot by entering your freeform symptoms and get information about possible diseases. App also included knowledge base and local medical partners directory. Our company was responsible for App UI. 2. Custom website chat widget that can be integrated on any website and adds the same chatbot functionality available in the app. 3. Admin Panel for professional doctors that were used for knowledge base content management, versions management, and symptoms training. Built by doctors, data scientists, and digital experts, the platform helps anyone anywhere find safe and personalized information, guidance, and support for their health for free, through proprietary an AI engine.
- 25. Challenge: Lack of Tech Adoption by Health Insurance The impact on health insurance is hard to determine at a global level because the impacts will be very different country by country. This is both because the number of actual cases and deaths could vary greatly between countries/regions, and because of the varied makeup of health coverage itself. In some countries, such as the US for example, most healthcare is privately provided (except for the elderly where Medicare plays a big role), while in others, such as Europe and Canada, there is much higher public provision.
- 26. Solution: Digital Transformation for Healthcare Insurance ● We have created an app that helps the users manage every step of the insurance process easier, from making appointments and claims to children insurance management ● We have integrated the app with the most widespread banking account authorization system to make the in-app authorization and signing documents quick and easy ● The app was also integrated with the most popular doctor booking service in Sweden. We removed the paperwork from getting a refund: a user needs to take a photo of the check, fill out a few forms, and click on a button. The app is a scalable and secure solution that was integrated into the company’s infrastructure and with the external APIs
- 27. Challenge: Higher Risks for Vulnerable Groups of Patients The coronavirus crisis underscores the need for strategies that identify people who are at higher risk or vulnerable. ● Elderly people ● Transplant patients ● Patients with mental diseases ● Women who are isolated with their abusers and other vulnerable people are the largely silent and sometimes overlooked victims of the pandemic.
- 28. Solution: Mental Well-Being & Stress-Reducing Apps Transplant Hero is a beautifully crafted app that helps transplant patients deal with the seemingly impossible task of taking their immunosuppression medications in a timely fashion. Transplant Hero App
- 29. Digital Health Strategy: Healthcare Strategic Priority TIM KOZAK Solution Architect at Intellectsoft
- 30. Product Vision and Technical Design Workshop SUPPORT Launch Sprint 0: Project initiation DISCOVERY PHASE WORKSHOP User Acceptance Testing Iterative Development: UI/UX Design, Development, QA MVP/Soft Launch “We cannot solve our problems with the same thinking we used when we created them.” Albert Einstein
- 31. Ecosystem Analysis | Timeline & Objectives WEEK 1 Functional & Tech Analysis WEEK 2 Workshop (Onsite Or Remote) WEEK 3-4 Solution Proposal & Project Plan ● Introduction ● Review business processes and understand business needs ● Existing Architecture and Technical Specification Study ● Interviews with stakeholders, documentation study, contextual research ● Working on the systems and feature list with their prioritization ● High-level roadmap definition ● Technology stacks preliminary selection ● Technical assumptions ● Desired hosting approach (cloud/on-premise/hybrid) ● Solution proposal ● High-level architecture ● Detailed requirements specification ● Project approach and high-level project plan (i.e., sprints quantity, key milestones, etc.) ● Team and resource plan (weekly FTE plan) ● Budget - estimation ● Project risks PM, BA Solution Architect Client Team PM, BA Solution Architect Software Engineers (optional) Client Team PM, BA Solution Architect Software Engineers (optional) Client Team * usually is performed remotely * onsite presence is recommended * usually is performed remotely
- 32. Q&A DIANA KOCHEVA TIM KOZAK Solution Architect at Intellectsoft Business Development Manager at Intellectsoft
- 33. Thank You! Intellectsoft HQ 721 Colorado Avenue, Suite 101, Palo Alto, CA 94303 +1 (650) 300 4335 +1 (855) TOP DEVS Intellectsoft UK 22 Great Marlborough Street, 1st floor, London W1F 7HU +44 20 3887 0078 Intellectsoft Norway Bogstadveien 27B, 0355 Oslo, Norway +47 21 08 18 50 [email protected]@intellectsoft.net