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		<title>Big Tech&#8217;s Entry into Healthcare: Analysing the Disruptive Potential</title>
		<link>https://innohealthmagazine.com/2023/research/big-techs-entry-into-healthcare-analysing-the-disruptive-potential/</link>
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		<pubDate>Fri, 23 Jun 2023 05:12:31 +0000</pubDate>
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					<description><![CDATA[<p>The healthcare landscape is witnessing an unprecedented era of transformation, with Big Tech companies like Google, Apple, Amazon, and Microsoft making substantial forays into the sector. This development, driven by...</p>
<p>The post <a href="https://innohealthmagazine.com/2023/research/big-techs-entry-into-healthcare-analysing-the-disruptive-potential/">Big Tech&#8217;s Entry into Healthcare: Analysing the Disruptive Potential</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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<p>The healthcare landscape is witnessing an unprecedented era of transformation, with Big Tech companies like Google, Apple, Amazon, and Microsoft making substantial forays into the sector. This development, driven by advances in artificial intelligence, data analytics, and digital technology, is poised to disrupt traditional healthcare models, offering novel possibilities for patient care, disease management, and healthcare delivery. The entry of Big Tech into healthcare brings with it immense potential for innovation, but also prompts critical questions about privacy, regulation, and the future role of these tech giants within the healthcare ecosystem. This article delves into the disruptive potential of Big Tech&#8217;s incursion into healthcare, evaluating the opportunities, challenges, and implications for the future of healthcare.</p>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Introduction: The Intersection of Big Tech and Healthcare</h2>



<p>Over the last few years, the boundaries between the technology and healthcare sectors have started to blur, leading to an exciting intersection of Big Tech and healthcare. This fusion is largely driven by technological advancements and increasing consumer demand for personalized, efficient, and accessible healthcare solutions.</p>



<p>Big Tech companies, such as Google, Amazon, Apple, and Microsoft, with their vast resources, technical expertise, and user-centric approach, are uniquely positioned to revolutionize the healthcare sector. The strengths of these companies align with many of the needs of modern healthcare, including data management and analysis, seamless user experience, interoperability, and digital innovation.</p>



<p class="has-text-color" style="color:#0f855a;font-size:23px"><strong>Some key areas at the intersection of Big Tech and healthcare</strong></p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="537" src="https://innohealthmagazine.comwp-content/uploads/2023/06/smart-art-1024x537.png" alt="" class="wp-image-17689" srcset="https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-1024x537.png 1024w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-300x157.png 300w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-768x403.png 768w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-1536x806.png 1536w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2048x1075.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Big Tech&#8217;s Motivations: Exploring the Factors Driving Entry into Healthcare</strong></h2>



<p>There are several compelling reasons why Big Tech companies like Amazon, Google, Apple, and Microsoft are increasingly venturing into the healthcare sector. The confluence of these motivations is setting the stage for potentially disruptive changes in how healthcare is delivered and managed.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="312" src="https://innohealthmagazine.comwp-content/uploads/2023/06/smart-art-2-1024x312.png" alt="" class="wp-image-17695" srcset="https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2-1024x312.png 1024w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2-300x91.png 300w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2-768x234.png 768w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2-1536x468.png 1536w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-2-2048x624.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>The motivations driving Big Tech&#8217;s entry into healthcare are multifaceted, combining financial, technological, consumer, and societal factors. However, this move also presents significant challenges, including regulatory complexities, privacy and security concerns, and the need to build trust with patients and healthcare providers. How well Big Tech companies navigate these challenges will largely determine their success in the healthcare sector.</p>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Transforming Healthcare Through Technological Innovations: Big Tech&#8217;s Role in Access, Engagement, and Improved Outcomes</h2>



<p>The relentless march of technology has dramatically transformed countless sectors, and healthcare is no exception. Today, the convergence of healthcare and technology is at an unprecedented level, with Big Tech companies such as Google, Apple, Microsoft, and Amazon becoming major players. With their robust technological capabilities, these giants are reshaping access to healthcare, fostering greater patient engagement, and improving health outcomes. In this cection we will focus into how Big Tech&#8217;s technological innovations are revolutionizing the healthcare landscape, highlighting their transformative potential and the challenges that lie ahead.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Digital Health Platforms: Revolutionizing Access and Patient Engagement</strong></h2>



<p>Digital health platforms are a pivotal innovation brought forth by Big Tech. Google&#8217;s health data management tool, Google Health, and Apple&#8217;s Health Records are prime examples. These platforms centralize health data from multiple sources, providing patients and healthcare providers with comprehensive health insights. They facilitate patient engagement by allowing individuals to manage their health data, track their wellness, and share information seamlessly with healthcare providers. These platforms also expand access to care, allowing patients to seek health advice, schedule appointments, and manage their medications online.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Data Revolution: Leveraging Big Data and Analytics for Improved Healthcare Outcomes</strong></h2>



<p>Big Tech companies are masters of big data and analytics, and their entrance into healthcare brings these capabilities to the sector. With the massive volume of health data generated from electronic health records, wearables, and genomics, there&#8217;s an opportunity to extract meaningful insights to improve patient outcomes. Big Tech firms like Google and Amazon use sophisticated analytics and machine learning algorithms to identify patterns, predict disease trajectories, inform treatment decisions, and drive preventive healthcare.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Empowering Patients: Opportunities for Consumer-Centric Healthcare in the Era of Big Tech</strong></h2>



<p>Big Tech is instrumental in shifting healthcare towards a more consumer-centric model. Wearable technologies like Apple Watch and Google&#8217;s Fitbit provide consumers with tools to monitor their health, promoting preventive care and self-management of chronic conditions. These companies also develop user-friendly apps and platforms that provide personalized health insights, medical resources, and telemedicine services, enhancing patient autonomy and engagement in their healthcare journey.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Enhancing Efficiency and Cost Savings: The Potential Financial Impacts of Big Tech&#8217;s Disruption</strong></h2>



<p>Big Tech&#8217;s entry into healthcare can drive efficiencies and cost savings in several ways. Their expertise in automation and AI can streamline administrative tasks, reduce manual errors, and improve healthcare operations, leading to cost reductions. Cloud-based solutions offered by companies like Amazon and Microsoft enable efficient data storage and interoperability, reducing IT costs. Furthermore, innovations in preventive care, telehealth, and AI-driven diagnosis could potentially lead to early disease detection and management, reducing expensive hospitalizations and treatments.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Artificial Intelligence in Healthcare: Unleashing the Potential of AI for Diagnosis and Treatment</strong></h2>



<p>Big Tech is playing a key role in integrating artificial intelligence (AI) into healthcare. AI has immense potential for improving diagnosis and treatment. Google&#8217;s DeepMind has developed AI algorithms capable of diagnosing eye diseases and certain types of cancer with high accuracy. AI can also support clinicians in treatment decision-making by predicting patient responses to different therapies. Furthermore, AI can enhance patient care by personalizing health recommendations based on individual health data.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Telehealth and Remote Monitoring: Big Tech&#8217;s Role in Remote Healthcare Services</strong></h2>



<p>The COVID-19 pandemic has underscored the importance of telehealth and remote monitoring, areas where Big Tech is making significant contributions. Amazon Care, for instance, offers virtual medical consultations and home health services. Apple and Google&#8217;s wearable technologies enable continuous health monitoring, alerting users, and healthcare providers about potential health issues. These services expand access to care, enable early intervention, and provide convenience for patients, especially those with mobility issues or living in remote areas.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Mental Health Technology: Big Tech&#8217;s Contributions to Mental Wellbeing and Support</strong></h2>



<p>Big Tech companies are increasingly focusing on mental health, developing tools and platforms for mental health support. For example, Google Search now provides anxiety self-assessment tools, and Apple Watch has integrated features for stress management and mindfulness. These technologies provide accessible mental health resources, support self-care, and could potentially help users identify when professional help may be needed.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Rural and Remote Healthcare: Overcoming Geographical Barriers through Technological Solutions</strong></h2>



<p>Big Tech&#8217;s technological innovations, particularly in telehealth and remote monitoring, are crucial in addressing healthcare disparities in rural and remote areas. By offering virtual healthcare services and tools for self-monitoring, Big Tech can help ensure people in remote areas have access to quality healthcare. Moreover, data-driven insights could aid in resource allocation and strategic planning to improve healthcare delivery in underserved regions.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Health Education and Empowerment: Big Tech&#8217;s Role in Promoting Health Literacy</strong></h2>



<p>Big Tech companies, with their wide-reaching platforms and advanced AI capabilities, have the potential to significantly promote health literacy. Through informational websites, health-focused apps, and AI-powered virtual assistants, these companies can provide accurate, easy-to-understand health information to a broad audience. For instance, Google&#8217;s search algorithms and health-focused initiatives aim to present users with reliable health information, while Apple&#8217;s Health app educates users about various health metrics. Such efforts can empower individuals to make informed decisions about their health.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Virtual Reality and Augmented Reality in Healthcare: Immersive Technologies for Enhanced Care</strong></h2>



<p>Big Tech companies like Google, Apple, and Facebook (Meta) are investing heavily in Virtual Reality (VR) and Augmented Reality (AR) technologies. In healthcare, these technologies have a wide range of applications, from medical training and patient education to pain management and mental health therapy. For example, VR can provide immersive experiences for medical students, improving their understanding and skills before they perform real procedures. AR can enhance surgical precision by overlaying digital information onto the surgeon&#8217;s field of view.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Social Determinants of Health: Big Tech&#8217;s Potential Impact on Addressing Social Factors</strong></h2>



<p>Big Tech has the potential to significantly impact social determinants of health, which include factors like socioeconomic status, education, neighbourhood and physical environment, employment, and social support networks. Through data analytics and AI, these companies can help identify patterns and correlations that influence health outcomes at a population level. For instance, Google&#8217;s &#8220;Project Sunroof&#8221; uses AI to map solar potential, indirectly influencing environmental health determinants. Meanwhile, partnerships with community organizations can help address factors like food insecurity or health access.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Bioinformatics and Genomics: Big Tech&#8217;s Influence on Advancements in Genetic Research</strong></h2>



<p>Big Tech, with its vast data processing capabilities, is playing a significant role in bioinformatics and genomics. These fields require analysing enormous amounts of data to draw meaningful conclusions, something Big Tech companies excel at. For instance, Google&#8217;s DeepVariant is an AI tool that uses machine learning to generate accurate genomic data, leading to improved genetic research.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Health Monitoring and Predictive Analytics: Early Detection and Prevention with Big Tech&#8217;s Tools</strong></h2>



<p>Big Tech companies are developing tools for health monitoring and predictive analytics, helping to identify health risks and prevent adverse outcomes. Wearable devices like Apple Watch and Fitbit (owned by Google) continuously collect health data, enabling early detection of issues like irregular heart rhythms. AI and machine learning algorithms can analyze this data to predict potential health problems, leading to timely interventions.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Remote Monitoring and Wearable Technology: Advancing Healthcare Beyond Traditional Settings</strong></h2>



<p>Big Tech companies are transforming healthcare delivery through remote monitoring and wearable technology. These technologies allow for continuous monitoring of patients outside traditional healthcare settings, promoting early detection, chronic disease management, and independent living for older adults. Devices like the Apple Watch provide a range of health tracking features, while Google&#8217;s Nest devices support home-based patient monitoring.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Precision Medicine and Personalized Healthcare: Big Tech&#8217;s Impact on Targeted Treatments</strong></h2>



<p>Precision medicine is about tailoring healthcare to individual patients based on their genetic, environmental, and lifestyle factors. Big Tech&#8217;s prowess in data analysis and AI can greatly enhance this personalization. For example, Google&#8217;s DeepMind has made strides in protein folding prediction, a complex problem with implications for personalized medicine and drug discovery.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Population Health Management: Utilizing Data Insights for Public Health Initiatives</strong></h2>



<p>Big Tech can play a significant role in population health management through their data analysis capabilities. They can use AI and machine learning to analyze large datasets, identify health trends, predict disease outbreaks, and inform public health strategies. Google&#8217;s &#8220;Project Baseline&#8221; aims to map human health and understand health determinants at a population level.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Chronic Disease Management: Big Tech&#8217;s Innovations in Supporting Long-Term Conditions</strong></h2>



<p>Through smart devices, AI, and telehealth platforms, Big Tech companies are providing innovative solutions for managing chronic diseases. These technologies can help monitor disease progression, facilitate virtual consultations, and deliver personalized interventions. For example, Amazon&#8217;s Alexa can provide medication reminders, while Apple&#8217;s Health app can help manage conditions like diabetes.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Blockchain in Healthcare: Revolutionizing Data Security and Interoperability</strong></h2>



<p>Blockchain technology, with its potential for secure and transparent data transactions, is being explored by Big Tech for healthcare applications. It can enhance data security, patient privacy, and interoperability of health records. For instance, IBM has been working on blockchain solutions for secure exchange of patient data across different healthcare providers.</p>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Disruptive Technologies: Analysing the Potential Impact of Big Tech on the Healthcare Industry</h2>



<p>The entry of Big Tech companies like Amazon, Google, Apple, and Microsoft into healthcare introduces a host of disruptive technologies with the potential to profoundly transform the industry. Here, we explore several key areas where these technologies are likely to have significant impact:</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong><strong>Artificial Intelligence (AI) and Machine Learning (ML)</strong></strong></h2>



<p>AI and ML are driving unprecedented advancements in healthcare, with Big Tech at the helm. These technologies allow for sophisticated data analysis, predictive modeling, and automation. For example, Google&#8217;s DeepMind has developed AI algorithms that can predict eye disease and protein structures, potentially revolutionizing diagnostics, and drug discovery. Similarly, Amazon&#8217;s AWS offers machine learning services to healthcare organizations to accelerate research, improve operational efficiency, and enhance patient experiences.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong><strong><strong>Cloud Computing</strong></strong></strong></h2>



<p>Cloud computing offers healthcare organizations the capability to store, manage, and analyze vast amounts of data securely and cost-effectively. This can significantly improve efficiency, interoperability, and patient care. For instance, Google Cloud and Microsoft Azure provide cloud services that empower healthcare organizations to manage electronic health records, facilitate telemedicine, and perform data analytics on a large scale.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Wearables and Remote Monitoring</strong></h2>



<p>Wearable devices, such as the Apple Watch and Google&#8217;s Fitbit, enable continuous monitoring of health metrics outside the traditional healthcare setting. These devices can track various health indicators like heart rate, physical activity, sleep patterns, and more, empowering individuals to take proactive control of their health and enabling physicians to monitor patients remotely. This can be especially valuable for managing chronic diseases and preventing health complications.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Telemedicine and Virtual Care</strong></h2>



<p>The COVID-19 pandemic has accelerated the adoption of telemedicine, with Big Tech offering solutions to facilitate this. For example, Amazon Care provides telehealth services to its employees and other companies, offering virtual consultations, medication delivery, and home visits. This shift towards virtual care can increase access to healthcare services, reduce healthcare costs, and offer more convenience to patients.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Blockchain</strong></h2>



<p>Blockchain technology, known for powering cryptocurrencies, is being explored for its potential in healthcare, primarily for securing patient data and enhancing interoperability. For example, IBM&#8217;s blockchain technology provides a secure, consent-driven way to share health data across different providers, ensuring privacy and fostering cooperation in the healthcare sector.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>Genomics and Precision Medicine</strong></h2>



<p>Big Tech is also stepping into genomics and precision medicine. By harnessing their computational power, these companies can process and analyze large genomic datasets, contributing to advancements in personalized medicine. Google&#8217;s DeepVariant is an AI tool that applies machine learning to genomic data to create a more accurate picture of an individual&#8217;s genetic makeup, with significant implications for disease diagnosis and treatment.</p>



<p>In conclusion, the disruptive technologies introduced by Big Tech have the potential to significantly impact the healthcare industry. While these changes present promising opportunities for enhanced patient care, they also introduce new challenges, particularly around data privacy, ethical considerations, and regulatory compliance. As Big Tech&#8217;s presence in healthcare continues to grow, these technologies will play a critical role in shaping the future of the industry.</p>



<h2 class="has-text-color wp-block-heading" style="color:#2139a3;font-size:23px"><strong>How Big Tech Could Transform Healthcare Delivery?</strong></h2>



<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://innohealthmagazine.comwp-content/uploads/2023/06/smart-art-3-1024x966.png" alt="smart art 3" class="wp-image-17705" width="512" height="483" srcset="https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-3-1024x966.png 1024w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-3-300x283.png 300w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-3-768x725.png 768w, https://innohealthmagazine.com/wp-content/uploads/2023/06/smart-art-3.png 1171w" sizes="(max-width: 512px) 100vw, 512px" /></figure>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Privacy and Security Concerns: Addressing Challenges in Big Tech&#8217;s Healthcare Ventures</h2>



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<p class="has-black-color has-text-color has-background" style="background-color:#eaf3ef">As Big Tech companies further infiltrate the healthcare industry, concerns around privacy and security become increasingly significant. These companies are privy to vast amounts of sensitive health data, raising critical questions about how this information is stored, used, and shared. Here are the key challenges and how they are being addressed:<br><br><strong>Data Privacy:</strong> Healthcare data contains sensitive information, and there are legitimate concerns about how Big Tech companies handle this data. They must ensure compliance with regulations like the Health Insurance Portability and Accountability Act (HIPAA) in the U.S., and the General Data Protection Regulation (GDPR) in the EU. These laws stipulate stringent requirements for the protection of personal health information. Companies must also be transparent about their data practices, informing users about what data is collected, how it&#8217;s used, and with whom it&#8217;s shared.<br><br><strong>Data Security:</strong> As custodians of vast amounts of health data, Big Tech companies face significant data security challenges. They must protect against data breaches, which can have severe consequences given the sensitivity of the information involved. To counter this, companies invest heavily in security measures, including encryption, secure data storage, and advanced threat detection systems. For instance, Google Cloud offers several layers of security, including data encryption at rest and in transit, identity and access management, and network security controls.<br><br><strong>Blockchain for Health Data:</strong> Blockchain technology is being explored as a potential solution to the security and privacy challenges of health data. Its decentralized, tamper-proof nature makes it well-suited for securely storing and sharing health data. IBM, for example, has developed a blockchain-based system for managing consent and sharing of health data, which offers enhanced security and patient control over their information.<br><br><strong>AI and Privacy Concerns:</strong> The use of AI in analyzing health data can also raise privacy concerns. Techniques like differential privacy and federated learning are being developed to enable data analysis while preserving privacy. For example, Google&#8217;s Federated Learning of Cohorts (FLoC) allows the company to analyze trends across large groups of users without accessing individual browsing data.<br><br><strong>Trust and Transparency:</strong> Trust is a critical aspect of healthcare, and Big Tech companies must work to earn the trust of users. This involves being transparent about data practices and engaging with users, healthcare providers, and regulators in an open dialogue about privacy and security issues.<br><br><strong>In conclusion, </strong>while Big Tech&#8217;s entry into healthcare brings significant potential for improved health outcomes, it also introduces substantial privacy and security challenges. Addressing these effectively will be critical to the success of Big Tech&#8217;s healthcare ventures and to ensure the benefits of these technologies can be realized without compromising privacy and security.</p>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Ethical Implications: Balancing Innovation, Profit, and Patient Welfare in Big Tech&#8217;s Healthcare Ventures</h2>



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<p class="has-black-color has-text-color has-background" style="background-color:#f8f1f2">As Big Tech firms make significant strides into healthcare, their actions intersect with numerous ethical implications. While technological innovation in healthcare carries the promise of improved patient outcomes and operational efficiencies, these advancements must be balanced with ethical considerations related to patient welfare, data privacy, equitable access, and more. Here are the critical ethical implications:<br><br><strong>Patient Welfare:</strong> Patient welfare should always be at the forefront of any healthcare initiative. While tech companies strive to innovate, the safety and efficacy of their solutions must be thoroughly evaluated. Rigorous clinical testing and adherence to regulatory standards is critical to ensure the technologies do not harm patients or provide ineffective treatment.<br><br><strong>Data Privacy and Consent:</strong> Healthcare data is sensitive, and the handling of such information should respect patients&#8217; rights to privacy. Clear communication about data usage, potential risks, and data rights, as well as obtaining informed consent, is essential. Big Tech companies need to ensure they are transparent about their data usage policies and provide patients with control over their data.<br><br><strong>Profit vs. Patient Care:</strong> As profit-driven entities, Big Tech firms could face conflicts between their financial interests and the best interests of patients. Companies must navigate this carefully, ensuring profit motives do not compromise patient care. Robust ethical guidelines and oversight mechanisms can help balance these interests.<br><br><strong>Equitable Access:</strong> The use of advanced technologies in healthcare can exacerbate health disparities if not managed carefully. Big Tech must consider equitable access when developing and implementing their healthcare solutions. This means ensuring their products are affordable, accessible to people with different abilities and digital literacy levels, and available to people in different geographical locations.<br><br><strong>Impact on Healthcare Professionals:</strong> AI and automation in healthcare could potentially replace certain roles performed by healthcare professionals. Companies need to consider the ethical implications of job displacement and work towards solutions that aim to augment, rather than replace, human roles.<br><br><strong>Data Bias and Fairness:</strong> AI models are only as good as the data they are trained on. If the training data lacks diversity or contains biased information, the AI models could perpetuate these biases, leading to unfair or inaccurate outcomes. It&#8217;s crucial to ensure that AI models are trained on diverse and representative data sets.<br><br><strong>Transparency and Trust:</strong> As Big Tech moves into the healthcare space, they need to build trust with patients, healthcare providers, and society at large. This involves being transparent about their intentions, operations, and outcomes, and demonstrating commitment to ethical principles.<br><br>Navigating these ethical implications is a complex task, requiring ongoing dialogue with stakeholders, robust ethical frameworks, and a commitment to doing what is right. Balancing innovation, profit, and patient welfare is a significant challenge, but it&#8217;s crucial for ensuring that Big Tech&#8217;s entry into healthcare delivers true benefits for patients and society.<br><br></p>



<h2 class="has-black-color has-text-color wp-block-heading" style="font-size:27px">Future Outlook: Predicting the Long-Term Disruptions and Transformations in Healthcare</h2>



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<p class="has-black-color has-text-color has-background" style="background-color:#eaf3ef">The entry of Big Tech into healthcare signals the dawn of a transformative era for the industry. Their disruptive technologies, substantial resources, and innovative mindset are setting the stage for significant changes. Here are some potential long-term disruptions and transformations we might expect:<br><br><strong>Holistic Health Management:</strong> Big Tech’s integration of AI, wearables, and personalized data analysis will empower patients to manage their health more proactively. This could lead to a shift from the current reactive model to a more preventative and personalized one. With constant health tracking, early disease detection and intervention become possible, possibly reducing the burden of chronic diseases.<br><br><strong>Redefinition of Healthcare Delivery:</strong> The rise of telemedicine and remote monitoring technologies will likely redefine traditional healthcare delivery models. This shift will make healthcare more accessible, especially for rural communities and individuals with mobility issues. The notion of &#8216;going to the doctor&#8217; might change significantly, with virtual consultations becoming the norm for many health concerns.<br><br><strong>Data-Driven Decision Making:</strong> As Big Tech companies amass vast amounts of health data, decision-making in healthcare will increasingly become data-driven. This will enhance the precision of diagnoses, improve the efficacy of treatments, and potentially lead to breakthroughs in medical research. Furthermore, data-driven insights could inform policymaking, leading to more effective health strategies <br>on a population level.<br><br><strong>Empowered Patients:</strong> The influx of reliable health information and transparency around health data will likely lead to more empowered patients. Individuals will have more agency over their health, with tools to track their wellness, access to their health records, and resources to understand their conditions. This shift could transform the patient-provider relationship into a more collaborative one.<br><br><strong>Interdisciplinary Collaboration:</strong> The intersection of healthcare and technology will necessitate increased interdisciplinary collaboration. We can expect to see more partnerships between tech companies, healthcare providers, researchers, and policymakers. Such collaborations can drive innovation and ensure the effective and ethical implementation of new technologies.<br><br><strong>Ethical and Regulatory Challenges</strong>: As healthcare becomes more intertwined with technology, ethical and regulatory challenges will become more prominent. Issues around data privacy, equity of access to digital health technologies, and the impact of AI on healthcare jobs will need to be addressed. This could result in new regulations and policy frameworks for digital health.<br><br><strong>In conclusion</strong>, while the path ahead is filled with potential, it also brings unprecedented challenges. It will be crucial for Big Tech, healthcare providers, and regulators to navigate this terrain carefully, always prioritizing the health and wellbeing of individuals and communities.</p>



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<p style="color: #a13621;"><em><strong>Composed by: &#8220;Varsha, proficient as a Business Analyst, has an educational foundation in healthcare IT, acquired through a PGDHM from IIHMR Delhi. Her primary interest rests at the intersection of healthcare and technology, with a specific focus on harnessing cutting-edge tech solutions to revolutionize patient care and enhance healthcare systems. Her work areas comprise optimizing healthcare data flow and improving operational efficiency, driving enhanced patient care and system robustness.&#8221;</strong></em></p>
<p>The post <a href="https://innohealthmagazine.com/2023/research/big-techs-entry-into-healthcare-analysing-the-disruptive-potential/">Big Tech&#8217;s Entry into Healthcare: Analysing the Disruptive Potential</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>Healthcare IT market builds the foundation of Artificial Intelligence</title>
		<link>https://innohealthmagazine.com/2019/newscope/healthcare-market-builds-foundation-artificial-intelligence/</link>
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		<pubDate>Thu, 28 Mar 2019 11:09:41 +0000</pubDate>
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					<description><![CDATA[<p>The artificial intelligence-based healthcare system and the digitization has surely created an amazing era of healthcare IT.</p>
<p>The post <a href="https://innohealthmagazine.com/2019/newscope/healthcare-market-builds-foundation-artificial-intelligence/">Healthcare IT market builds the foundation of Artificial Intelligence</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p><em>Healthcare IT market builds the foundation of Artificial Intelligence-based Healthcare System and creates lucrative Job Opportunities.</em></p>
<p><em>New Job opportunities, the reduced communication gap between a patient and a doctor, the artificial intelligence-based healthcare system, and the digitization has surely created an amazing era of healthcare IT.</em></p>
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	<p style="text-align: justify !important;">Evaluation–Diagnosis–Treatment. This is the traditional and generally accepted method of a medical procedure. However, the healthcare sector has evolved over the last couple of years. Today’s healthcare is using a new, digital companion to determine how patients feel based on much more than their present medical condition. Healthcare information technology or <a href="https://innohealthmagazine.comresearch/real-time-health-monitoring-devices/">healthcare IT</a> is widely used by doctors, surgeons, and pharmacists to understand the medical information of patients and improve communication between doctors and patients.</p>
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	<p><strong>What is the use of Healthcare IT?</strong></p>
<p style="text-align: justify !important;">The major advantage of the <a href="https://innohealthmagazine.compersona/artificial-intelligence-coming-big-way-healthcare-sector/">healthcare IT</a> is that it reduces the communication gap between a patient and a doctor as the healthcare IT collects and converts the patient’s information from paper records and <a href="https://innohealthmagazine.comissues/software-as-medical-device/">medical</a> charts to electronic data. This migration provides direct access to patient’s information to doctors irrespective of their location and enables to share knowledge with other doctors than the current medication providers. Moreover, the doctor-recommended prescriptions can be transmitted electronically owing to the healthcare IT, which has improved efficiency and reduced the valuable time.</p>
<p style="text-align: justify !important;">Healthcare IT is much more than just an electronic version of paper medical records. It includes previous maintained medical images by radiology departments and opinions of specialists on a certain method of treatment. In addition, the digital messages including emails, healthcare tips, chat logs, the day-to-day medical progress of a patient, and financial factors such as scheduling and billing fall under the sky of healthcare IT. However, these records must be stored and maintained carefully to prevent invasion of privacy. On the other hand, technological advancements and easily accessible facilities fuel the demand for healthcare IT. Roughly, two-thirds Americans have instant access to the internet, which eliminates a patient’s restrictions with medical consultants. The tech giants such as Microsoft, Apple, and other new start-ups are developing up-to-the-minute opportunities in the healthcare IT market by improving access to digital applications and providing efficient security features. This has increased demand for healthcare IT services, boosting the growth of the healthcare information technology market. According to a report published by Allied Market Research, the market is expected to register a CAGR of 13.2 % in the period 2014–2022.</p>
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	<p><strong>Healthcare generates job opportunities</strong></p>
<p style="text-align: justify !important;">The growth of healthcare IT has created a surge in job opportunities in the <a href="https://innohealthmagazine.compersona/healthcare-artificial-intelligence/">IT sector</a>. According to the U.S. Bureau of Labor Statistics, by the end of 2024, the need for healthcare and medical managers will boost by about 17 percent. The healthcare IT management jobs oversee the entire system process and its day-to-day operations. Healthcare providers are finding hard to pick employees for job positions such as development, analytics, coding, and research. Moreover, just the collection of healthcare data is not enough. Once that data is received, it needs to be analyzed by skilled professionals and constantly updated and improved. Therefore, coding experts are extremely essential to smoothly transfer the individual records of patients to a central hub, by changing the codes that could otherwise interrupt the transfer of information. It is estimated that the requirement of such new codes is nearly 130,000. Moreover, the IT specialists assist healthcare service providers to obey the federal guidelines for records, a collection of data and share to protect a patient’s privacy. Due to such requirements, there are ample IT companies and even start-ups that are launching new platforms to develop a sustainable healthcare IT department.</p>
<p style="text-align: justify !important;">Recently, Javara Inc., a clinical research service organization, launched a platform that is focused on compelling innovative research partnerships, service, and technology to healthcare systems. Jennifer Byrne, the co-founder, and CEO of Javara stated that the new healthcare IT platform will bring better outcomes for patient-centered care, better economic results, and easier research delivery model to the biopharmaceutical sector.</p>
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	<p><strong>Integration of Artificial Intelligence in Healthcare IT</strong></p>
<p style="text-align: justify !important;">It is no secret that the healthcare sector holds a humongous amount of data; if incorporated with artificial intelligence (AI), it will open innumerable opportunities in the future. Microsoft, one of the largest information technology companies, has been working on several healthcare-related projects. Recently, Microsoft made clear its exact intentions behind developing a Microsoft healthcare team. The company aims to create a cloud-based patients’ profile, push doctors to use more cloud-based services, and eventually develop an AI to analyze the huge data. Microsoft hired two industry past masters: Jim Weinstein and Joshua Mandel to help achieve this goal. Jim Weinstein, the former CEO of Dartmouth-Hitchcock Health System, will help the migration of healthcare data to the cloud. Joshua Mandel, ex-Google employee, will assist in building open cloud architecture for all healthcare service providers.</p>
<p style="text-align: justify !important;">The prime motive behind the project is to find a way to shift healthcare data to the cloud without jeopardizing its confidentiality. This new team will be a part of Microsoft’s AI research division. Peter Lee, the head of Microsoft healthcare, explained, at Microsoft, we’re confident that many aspects of the IT foundations for healthcare will move from on-premise doctors’ offices and clinics to live in the cloud. We are taking concrete steps with an initial blueprint intended to standardize the process for the complaint, privacy-preserving movement of a patient’s personal health information to the cloud and the automated tracking of its exposure to machine learning and data science. The company wants to pave the way to create an open architecture that eventually helps doctors, nurses and healthcare service providers, and to allow more time for patients to spend face-to-face with the doctors. The new platform will open new opportunities for healthcare data to be shared and to protect its privacy. Such innovative projects and huge investments in healthcare AI proves that the incorporation of AI in healthcare IT will be a fruitful investment for the healthcare providers, and no doubt it will be a key to the bright future of healthcare sector.</p>
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	<h2>About the author</h2>
<p><em><strong>Nikhil Bhusare</strong> is an Executive with Allied Market Research.</em></p>
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<p>The post <a href="https://innohealthmagazine.com/2019/newscope/healthcare-market-builds-foundation-artificial-intelligence/">Healthcare IT market builds the foundation of Artificial Intelligence</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>AI Engraving Footprints on Healthcare Transcontinental Canvas</title>
		<link>https://innohealthmagazine.com/2018/innovation/ai-engraving-footprints-on-healthcare-transcontinental-canvas/</link>
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		<pubDate>Fri, 21 Dec 2018 07:22:38 +0000</pubDate>
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					<description><![CDATA[<p>Now, it is turn of AI (Artificial Intelligence) that is making fast forays in a broad-spectrum of disciplines, and medical diagnostics and treatment field</p>
<p>The post <a href="https://innohealthmagazine.com/2018/innovation/ai-engraving-footprints-on-healthcare-transcontinental-canvas/">AI Engraving Footprints on Healthcare Transcontinental Canvas</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p style="text-align: justify !important;">SIR ALEXANDER FLEMING, the discoverer of Penicillin, shared the Nobel Prize for Medicine in 1945. But when he arrived in Stockholm to receive the award he had a bad cold. Throughout the ceremony, he used his handkerchief repeatedly. Later when he was leaving, his eyes were still watery, and he was still sniffing. One of the officials shook his head sympathetically and said, “No good for colds”. EE Edgar January 1965.</p>
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	<p style="text-align: justify !important;">But, it was a stunning discovery that changed the course of history. The active ingredient, which Fleming named Penicillin, turned out to be an infection-fighting agent of enormous potency. When it was finally recognized for what it was, the most efficacious life-saving drug in the world, Penicillin altered forever the treatment of bacterial infections.</p>
<p style="text-align: justify !important;">Now, it is turn of <a href="https://innohealthmagazine.cominnohealth-conference/digital-health/">AI (Artificial Intelligence)</a> that is making fast forays in a broad-spectrum of disciplines, and medical diagnostics and treatment field is paving way for intrusion of AI.</p>
<p style="text-align: justify !important;">Across the world, race is underway to exploit AI for good of patients. Many say it is not much away from tipping point: those who will take timely advantage of it or those who are set to miss the opportunity at the initial moments.</p>
<p style="text-align: justify !important;">In India, AI ball has started rolling in the wake of the huge potential of the <a href="https://innohealthmagazine.cominnohealth-conference/innaugral-innohealth-2018/">healthcare network</a> and an ever-burgeoning population of 130 crore people. A discussion paper on National Strategy for Artificial Intelligence prepared by NITI Aayog team which included, Arnab Kumar, Punit Shukla, Aalekh Sharan, and Tanay Mahindru, came up for discussions recently and moves are afoot to proceed further.</p>
<p style="text-align: justify !important;"><a href="http://bit.ly/2IY3u54"><img decoding="async" class="size-full wp-image-5765 aligncenter" src="https://innohealthmagazine.comwp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2.png" alt="cyber4healthcare-online-course-bottom-ad (2)" width="728" height="60" srcset="https://innohealthmagazine.com/wp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2.png 728w, https://innohealthmagazine.com/wp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2-300x25.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p>
<p style="text-align: justify !important;">The paper delved at length on various dimensions of AI. It said NITI Aayog is working with Microsoft and Forus Health to roll out the technology for early detection of diabetic retinopathy as a pilot project. 3Nethra, developed by Forus Health, is a portable device that can screen for common eye problems. Integrating AI capabilities to this device using Microsoft’s retinal imaging APIs enables operators of 3Nethra device to get AI-powered insights even when they are working at eye checkup camps in remote areas with nil or intermittent connectivity to the cloud.</p>
<p style="text-align: justify !important;">The resultant technology solution also solves for quality issues with image capture and systems checks in place to evaluate the usability of the image captured.</p>
<p style="text-align: justify !important;">AI-based <a href="https://innohealthmagazine.comwell-being/rural-healthcare/">healthcare solutions</a> can also help in making healthcare services more proactive – moving from “sick” care to true “health” care, with emphasis on preventive techniques.</p>
<p style="text-align: justify !important;">AI solutions can augment the scarce personnel and lab facilities; help overcome the barriers to access and solve the accessibility problem; through early detection, diagnostic, decision-making and treatment, cater to a large part of India.</p>
<p style="text-align: justify !important;"><a href="https://innohealthmagazine.comblog/screening-for-cervical-precancer/">Cancer screening and treatment</a>, the paper says, is an area where AI provides tremendous scope for targeted large-scale interventions. India sees an incidence of more than 1 million new cases of cancer every year, and early detection and management can be crucial in an optimum cancer treatment regimen across the country.</p>
<p style="text-align: justify !important;">NITI Aayog is in the advanced stage for launching a programme to develop a national repository of annotated and curated, despite the obvious economic potential, the healthcare sector in India remains multi-layered and complex and is ripe for disruption from emerging technologies at multiple levels.</p>
<p style="text-align: justify !important;">It is probably the most intuitive and obvious use case primed for intervention by AI-driven solutions, as evidenced by the increasing activity from large corporates and start-ups alike in developing AI focused healthcare solutions.</p>
<p style="text-align: justify !important;">Researchers said the Adoption of AI for healthcare applications is expected to see an exponential increase in the next few years. The increased advances in technology and interest and activity from innovators provides an opportunity for India to solve some of its long-existing challenges in providing appropriate healthcare to a large section of its population. AI combined with <a href="https://innohealthmagazine.comissues/time-to-take-intelligent-decisions/">robotics</a> and <a href="https://innohealthmagazine.comtrends/internet-of-medical-things/">Internet of Medical Things (</a>IoMT) could potentially be the new <a href="https://innohealthmagazine.comresearch/long-term-impact-stroke/">nervous system</a> for healthcare, presenting solutions to address <a href="https://innohealthmagazine.cominnohealth-conference/challenges-redefining-healthcare-landscape/">healthcare problems</a> and helping the government in meeting the above objective pathology images. Another related project under discussions is an Imaging Biobank for Cancer.</p>
<p style="text-align: justify !important;">In US, Viz.ai, Inc., an applied <a href="https://innohealthmagazine.compersona/artificial-intelligence-coming-big-way-healthcare-sector/">artificial intelligence healthcare</a> company a few months back announced that the U.S. Food and Drug Administration (FDA) has granted a De Novo request for the first-ever Computer-Aided Triage and Notification Platform to identify Large Vessel Occlusion (LVO) strokes in CTA imaging. This regulatory clearance compliments Viz.ai&#8217;s recent European CE Mark for the product in January 2018.</p>
<p style="text-align: justify !important;">&#8220;The Viz.ai LVO Stroke Platform is the first example of applied artificial intelligence <a href="https://innohealthmagazine.comissues/software-as-medical-device/">software</a> that seeks to augment the diagnostic and treatment pathway of critically unwell stroke patients,&#8221; said Dr. Chris Mansi, Neurosurgeon and Chief Executive Officer. &#8220;We are thrilled to bring artificial intelligence to healthcare in a way that works alongside physicians and helps get the right patient, to the right doctor at the right time.&#8221;</p>
<p style="text-align: justify !important;"><a href="http://bit.ly/2IY3u54"><img decoding="async" class="size-full wp-image-5765 aligncenter" src="https://innohealthmagazine.comwp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2.png" alt="cyber4healthcare-online-course-bottom-ad (2)" width="728" height="60" srcset="https://innohealthmagazine.com/wp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2.png 728w, https://innohealthmagazine.com/wp-content/uploads/2019/04/cyber4healthcare-online-course-bottom-ad-2-300x25.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p>
<p style="text-align: justify !important;">Stroke is a serious and time-sensitive medical condition that requires emergency care and can cause lasting brain damage, long-term disability, and death. A stroke occurs if the flow of oxygen-rich blood to a portion of the brain is blocked. When this happens 2 million brain cells die every minute. &#8220;This software device could benefit patients by notifying a specialist earlier thereby decreasing the time to treatment. Faster treatment may lessen the extent or progression of a stroke,&#8221; said Robert Ochs, Ph.D., Acting Deputy Director for Radiological Health, Office of In Vitro Diagnostics and Radiological Health in the FDA&#8217;s Center for Devices and Radiological Health.</p>
<p style="text-align: justify !important;">The Viz.ai LVO Stroke Platform was developed using deep learning, a revolutionary technique where algorithms learn how to identify patterns in data from millions of prior examples. The Viz.ai system connects to a hospital CT scanner and alerts the stroke specialist that a suspected LVO stroke has been identified, sending the radiological images directly to their <a href="https://innohealthmagazine.comissues/smartphone-addiction/">smartphone</a>.</p>
<p style="text-align: justify !important;">In a 300-patient performance study, the Viz.ai LVO Stroke Platform obtained an AUC of 0.91, identifying LVOs and alerting the relevant specialist with 90% sensitivity and specificity and a median scan to notification time of under 6 minutes. In over 95% of cases, the automatic notifications demonstrated faster notification of the specialist, saving between 6 and 206 minutes, with an average time saving of 52 minutes.</p>
<p style="text-align: justify !important;">&#8220;Timely LVO stroke identification and transfer to a specialist hospital that can perform mechanical thrombectomy is the top priority for LVO stroke patients,&#8221; said Dr. Raul Nogueira, Professor of Neurology, Neurosurgery and Radiology at Emory University and the Immediate-Past President, Society of Vascular &amp; Interventional Neurology. &#8220;This software is designed to help identify appropriate patients earlier and more often, and enable faster transfer and treatment, which, ultimately may result in improved patient outcomes.</p>
<p style="text-align: justify !important;">Noted Cardiologist ERC Topol, who is Professor of Genomics and holds the Scripps endowed chair in innovative medicine, has now written a book that calls for the &#8220;creative destruction&#8221; of the current medical paradigm, which he believes has failed to keep up with the digitized world of interactivity, social media, computers, apps, and advanced engineering and electronics.</p>
<p style="text-align: justify !important;">In his book, he lambasts current day medicine as being archaic and wasteful, making his case with a compelling blend of statistics, anecdotes. Prof. Topol believes that consumers teaming up with innovators in the med-digital world are the key to forcing change, which is certainly true. But how exactly will this work?</p>
<p style="text-align: justify !important;">The NITI Aayog discussion paper says AI is a constellation of technologies that enables machines to act with higher levels of intelligence and emulate the human capabilities of sense, comprehend and act. Thus, computer vision and audio processing can actively perceive the world around them by acquiring and processing images, sound and speech.</p>
<p style="text-align: justify !important;">The natural language processing and inference engines can enable AI systems to analyze and understand the information collected. An AI system can also act through technologies such as expert systems and inference engines or undertake actions in the physical world. These human capabilities are augmented by the ability to learn from experience and keep adapting over time. AI systems are finding ever-wider application to supplement these capabilities across enterprises as they grow in sophistication. The paper says healthcare is one of the most dynamic, yet challenging, sectors in India, and is expected to grow to USD 280 billion by 2020, at a CAGR of upwards of 16%, from the current ~USD 100 billion.</p>
<p style="text-align: justify !important;">Adoption of AI for healthcare applications is expected to see an exponential increase in the next few years. Technology disruptions like AI are once-in-generation phenomenon, and hence large-scale adoption strategies, especially national strategies, need to strike a balance between narrow definitions of financial impact and the greater good. NITI Aayog has decided to focus on five sectors that are envisioned to benefit the most from AI in solving societal needs: a) Healthcare: increased access and affordability of quality healthcare; b) Agriculture: enhanced farmers’ income, increased farm productivity and reduction of wastage; c) Education: improved access and quality of education; d)<a href="https://innohealthmagazine.comissues/smartcity-development/"> Smart Cities and Infrastructure</a>: efficient connectivity for the burgeoning urban population; and e) Smart Mobility and Transportation: smarter and safer modes of transportation and better traffic and congestion problems.</p>
<p style="text-align: justify !important;">Yet, it faces major challenges of quality, accessibility, and affordability for a large section of the population:</p>
<p style="text-align: justify !important;">A: Shortage of qualified healthcare professionals and services like qualified doctors, nurses, technicians and infrastructure: as evidenced in 0.76 doctors and 2.09 nurses per 1,000 population (as compared to WHO recommendations of 1 doctor and 2.5 nurses per 1,000 population respectively) and 1.3 hospital beds per 1,000 population as compared to WHO recommended 3.5 hospital beds per 1,000 population.</p>
<p style="text-align: justify !important;">B: Non-uniform accessibility to healthcare across the country with physical access continuing to be the major barrier to both preventive and curative health services, and glaring disparity between rural and urban India. With most of the private facilities concentrated in and around tier 1 and tier 2 cities, patients have to travel substantial distances for basic and advanced healthcare services.</p>
<p style="text-align: justify !important;">The problem is further accentuated by lack of consistent quality in healthcare across India, most of the services provided are individually driven rather than institution driven, and less than 2% of hospitals in India are accredited.</p>
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		<title>IC InnovatorClub Sixth Meeting</title>
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		<dc:creator><![CDATA[InnoHEALTH Magazine]]></dc:creator>
		<pubDate>Mon, 22 Oct 2018 09:19:41 +0000</pubDate>
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					<description><![CDATA[<p>IC (InnovatioCuris) InnovatorClub sixth meeting was held on 4 August 2018 at Shri Ram Institute of Industrial Research to ignite imaginations</p>
<p>The post <a href="https://innohealthmagazine.com/2018/in-focus/theme/ic-innovatorclub-sixth-meeting/">IC InnovatorClub Sixth Meeting</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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										<content:encoded><![CDATA[<p><strong>IC InnovatorClub Sixth Meeting: </strong>Ignite imaginations encased within: A recent National meet&#8217;s takeaway<br />

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	<p style="text-align: justify !important;">For many decades, inspiring and juicy narratives, pertaining to iconic first generation entrepreneurs like <a href="https://en.wikipedia.org/wiki/Steve_Jobs">Apple’s Steve Jobs</a>, <a href="https://en.wikipedia.org/wiki/Bill_Gates">Microsoft’s Bill Gates</a>, Truecaller’s Swedish developers, Flipkart’s launchers are being succinctly dished out at publicly to fire imagination of those fancying own start-ups in the contemporary era of out of the box ideas linked innovative business enterprises, and this is what was exactly scripted at a one-day workshop at the famed Shriram Institute for Industrial Research recently.</p>
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	<p style="text-align: justify !important;">An inspiring story of a young entrepreneur was narrated as he had designed a multipurpose scissor for operation theatres after quietly peeping through a glass window that a team of surgeons was battling with a bunch of varied sized scissors while operating his close kin at a <strong><a href="https://innohealthmagazine.comcybersecurity/cybersecurity-bootcamp-hospitals/">hospital</a></strong>. Likewise, another speaker delved out an emotional story of currently internationally popular “smart cane” to the benefit of millions of blinds across the globe.</p>
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	<p style="text-align: justify !important;">Those present at the workshop were awe struck on such absorbing and motivating narrations that kindled hopes and vindicated the time proven fact that nothing was inaccessible by a fertile and intelligent mind of any diligent individual. The import of a day-long meet was that everyone should ignite imaginations encased within their minds rather than sitting tightly over those.</p>
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	<p style="text-align: justify !important;">A One-Day Workshop on “Technological Innovations for Healthcare Start-ups &amp; 3rd Anniversary celebration of InnovatioCuris (IC)” was jointly organized by SRI-Technology Business Incubator (TBI) &amp; <strong><a href="http://www.innovatiocuris.com">InnovatioCuris</a></strong> on 4th August 2018 at SRI Auditorium, New Delhi. Participants included key members from <strong><a href="https://innohealthmagazine.comtrends/latest-healthcare-innovations/">healthcare start-ups</a></strong>, medical professionals, industrialists, entrepreneurs, <strong><a href="https://innohealthmagazine.comissues/software-as-medical-device/">medical device</a></strong> manufacturers, plastic industry, officials from govt. institutions and students from various universities.</p>
<p style="text-align: justify !important;">The event was inaugurated by addressing the distinguished delegates and budding entrepreneurs about the advancement and new innovations in the healthcare sectors. It was a delightful moment to see the positive response from industry stalwarts of the region and Science and Technology start-ups’ keen interest in venturing into new business entities.</p>
<h3>Also Read: <a href="https://innohealthmagazine.comtheme/fairytales-nanoparticles/">5th IC Club Meeting: Fairytales of Nanoparticles from Iceland to Jamia Millia Islamia</a></h3>
<p style="text-align: justify !important;">Dr. K. M. Chacko, Director, Shriram Institute in his address briefed about the Technology Business Incubation concept. He highlighted the excellent support provided by the Department of Science &amp; Technology (DST) at the Indian Ministry of Science &amp; Technology because of which the Shriram Institute &#8211; Technology Business Incubator (SRI-TBI) has been running for past so many years. The center provides services in the fields of healthcare, plastics, rubbers, specialty chemicals, and waste management. Continuing the inaugural session, the address of the <strong><a href="http://innovatiocuris.com/team/">Surgeon Rear Admiral &amp; MD, InnovatioCuris Prof. (Dr.) V.K. Singh</a></strong> helped in setting the tone for the workshop. He briefed the national &amp; international status of healthcare sector during his delightful thought.</p>
<p style="text-align: justify !important;">Chief Guest of the event, Mr. Vijay Kumar, briefed about the support available to the start-ups at the Ministry. He appreciated the efforts made by SRI-TBI team and opined that the multidisciplinary activities of SRI would be useful for promotion of incubator programme. He briefed about the various funding schemes offered by the Ministry to micro, small &amp; medium enterprises which both the existing and the future entrepreneurs can take advantage of. The floor was taken by Dr. Shirshendu Mukherjee who added his appreciation for the joint efforts made by team InnovatioCuris &amp; SRI-TBI. He briefed about the industry-academia interface and implementation of its benefits through a wide range of impact initiatives, be it providing access to risk capital through targeted funding, technology transfer, IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive. He added that the supporters of change for building the Indian bio-economy would be biotech start-ups &amp; SMEs &amp; hence our focus is on raising their capabilities.</p>
<p style="text-align: justify !important;">The inaugural session followed with the launch of a start-up innovative product Nylon Sleeve Anchor Fastener. The product was developed by Mr. Rajendra Gupta, Director, Axel India with the support of SRI-TBI &amp; are in scaling up the process for the healthcare sector. The Inaugural session ended with the vote of thanks by Dr. Ajay Tyagi who mentioned that the efficiency, benefits, barriers, and challenges for healthcare industry are very process-centric and technology use can be mainly attributed to the success of entrepreneurs. This was followed by two technical panel discussions.</p>
<p style="text-align: justify !important;">The first technical session was on Innovations for Reducing the Burden of NCDs. The panelists stated that the <strong><a href="https://innohealthmagazine.compolicy/non-communicable-diseases/">Non-Communicable Diseases (NCDs)</a></strong> are reaching epidemic proportions worldwide and present an unprecedented challenge to economic and social development globally. The latest projections from the World Health Organization (WHO) suggest, 57 million deaths occurred globally of which 36 million (63%) were the result of NCDs. Despite the immense burden of disease, NCDs, defined here as cardiovascular diseases, cancers, chronic respiratory conditions, and diabetes. It is estimated that 80% of NCDs are preventable with appropriate diet and lifestyle choices and good control of NCDs can have a substantial effect on the incidence of downstream complications. Hence there exists a need for innovations to reduce the burden of NCDs. The panelists also suggested the steps for reducing the burden of NCDs in the present scenario.</p>
<p style="text-align: justify !important;">The second technical session was on <strong>What will take Indian Healthcare sector forward</strong>. The panelists discussed various aspects about the current scenario of healthcare sector and suggested several notable points including obtaining proposals from private insurance companies and the government on ways to provide medical insurance coverage to the population at large and execute the strategy; it is healthy to have competition in <strong><a href="https://innohealthmagazine.comwell-being/ten-crore-poor-people-get-health-insurance/">health care and provide health insurance</a></strong> to the millions who cannot afford it; revise the curriculum in medical, nursing, pharmacy and other schools that train healthcare professionals, so that they too are trained in the new paradigm; the government should appoint a commission which makes recommendations for the healthcare system and monitors its performance; encourage business schools to develop executive training programmes in healthcare, this will effectively reduce the talent gap for leadership in this area; rapidly develop and implement national accreditation of hospitals &#8211; those that do not comply would not get paid by insurance companies. However, a performance incentive plan that targets specific treatment parameters would be a useful adjunct.</p>
<p style="text-align: justify !important;">The programme concluded with a visit to SRI-TBI Prototype Development Facility. The participants were highly excited to see the actual processing of plastics injection molding and blow molding processes and expressed their earnest desire to be incubated in the facility.</p>
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		<title>Upcoming Cyber Security Threats in Health Sector</title>
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		<pubDate>Thu, 16 Nov 2017 06:25:35 +0000</pubDate>
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					<description><![CDATA[<p>By Sachin Gaur</p>
<p>The post <a href="https://innohealthmagazine.com/2017/issues/cyber-security-threats/">Upcoming Cyber Security Threats in Health Sector</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p style="text-align: justify !important;">Sachin Gaur is director operations at <a href="http://www.innovatiocuris.com">InnovatioCuris</a>. He is interested in topics of mHealth and Cyber Security.</p>
<p style="text-align: justify !important;"><strong>Abstract:</strong> We are seeing phenomenal technology shifts and human life is greatly impacted by them. Health sector is not untouched as the health systems now have deep IT integration and care givers increasingly rely on the information shown by digital systems. Hence, any compromise to the integrity of such systems would lead to wrong diagnosis or treatment. This paper investigates some of the early signals about the kind of threats out there relevant to the health systems.</p>
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	<p><span style="color: #0071b2;"><strong>Introduction</strong></span></p>
<p style="text-align: justify !important;">The famous Silicon Valley investor Marc Andreessen says, “software is eating the world”. By, which he means that increasingly we are bringing software into systems to increase efficiency, lower down the cost or time involved in the process. Interestingly, humans also do software writing and humans are prone to make mistakes. It is estimated by various experts that 1000 lines of code (KLoC) has approximately 15-50 bugs present. Bugs here mean mistakes made by the software programmer while writing the software code. Bugs often result in some kind of malfunction or wrong output. Some of these bugs can lead to exploit by a third party making the larger system vulnerable or as we call hackable. As long as humans will write software, bugs will be there.</p>
<p style="text-align: justify !important;">In a typical software company as bugs are discovered, new code is written to fix these bugs. The new code might further result into new bugs hence the cycle continues. At the consumer end, we keep receiving software updates over the air, as we use our phone / laptops or other devices, which are many times an attempt of the software company to overcome the past mistakes.</p>
<p style="text-align: justify !important;">A lone computer hacker or an organized crime group looks at these software updates (sometimes called patches) very curiously as for them this could be a chance of hitting the jackpot! They reverse engineer it and try to understand the bug, that the patch is trying to cover. Very often systems are not updated with latest updates. Leading to most system having a known vulnerability, which the hacker can take advantage after understanding it well. Hackers further can create a simple script (programming code snippet) to some sophisticated software, which can then take advantage of the vulnerable system. We often call such a program as malware, as it is built with bad intention.</p>
<p style="text-align: justify !important;">Today, as we talk it has become from a hobby crime to organized crime! Software companies regularly receive communication from bounty hunters about exposing their critical software bugs and in exchange not to do so, hackers want to charge them bounty money. Some software companies have gone further and engaged these bounty hunters to reduce security risks in their software.</p>
<p style="text-align: justify !important;">In some cases the hacker is not interested in the bounty money (hence they do not inform the software maker) but rather interested in exploiting the bug. Sometimes, the bug is not known to the software maker or anyone else in the world and can be converted into a lethal attack. Such attacks are known as a zero day attack! As prior knowledge of such a vulnerability does not exist. Hence, most software security solutions, like anti virus software do not work on them. Further selling the knowledge of exploit as lethal software is now called as a cyber weapon. Nation states are now engaged in buying or building such software to infect systems of enemy states. Hence, we have come very far in the business of software bugs, where the enemy could be a lone developer, an organized crime group or a Nation state.</p>
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	<p><span style="color: #0071b2;"><strong>How is software eating the health sector and the threats linked to it?</strong></span></p>
<p style="text-align: justify !important;">In the above section we discussed in general, how the exploitation of software is increasingly becoming a serious business. While, we have seen many examples in last 30 years from a hobby software programmer to Nation states taking advantage of the software driven vulnerabilities. We would like to share some examples closer to the health sector.</p>
<p><strong>1. Malware affecting data systems</strong></p>
<p style="text-align: justify !important;">Hospital information systems and similar information systems as part of the healthcare delivery have become very commonplace and one of the core component of the system. As pointed out in the introductory section, organized crime groups are now looking to exploit software bugs for commercial purposes. One of the ingenious way that they have developed is a malware known as ransomware . Ransomware is a malicious computer program which when executed on a system encrypts the data with very strong encryption making it unusable for hospitals or any other care provider to access patient records or other vital information. It then demands a ransom inform of bitcoins (a crypto currency) in order for the victim to have the key to decrypt the vital information. In recent incidents of ransomware infection, some hospitals in USA have even demanded millions of dollars as ransom and some have even paid.</p>
<p style="text-align: justify !important;">The mitigation strategy for countering ransomware for any organization would be a strong backup of data. Also, creating awareness among the employees on sources of malware and reducing the chances of accidental infection of the workplace systems.</p>
<p style="text-align: justify !important;">The long-term solution of tackling such organized crime is a better international legal framework, which allows international prosecution and cooperation among law enforcement agencies.</p>
<p><strong>2. Denial of service attacks on ehealth services</strong></p>
<p style="text-align: justify !important;">In 2007 there was a distributed denial of service attack that took place in Estonia. A statue of the Russian soldier was removed from the Tallinn Square, capital of the country. Which sparked a response from sympathizers from Russia and it brought down the Estonian economy for three days. Estonia being one of the most advance countries when it comes to take up of e governance services, ehealth being one of them. The entire attack costed less than 50,000 US dollars. That was the first Denial of service attack the world saw at the level of a nation state.</p>
<p style="text-align: justify !important;">The basic premise behind such an attack is that you have a service (e-service) to be provided to citizens over Internet like their own health records for example. The provider would have some finite amount of bandwidth and computing power at the backend of the service correlating to the average load on the service. In a distributed denial of service attack, the attacker uses compromised computing devices (commonly known as a bot) to access the Internet service. The botnet, which is a collection of such bots could be having thousands or millions of such devices that simultaneously access the service. The service provider is not able to distinguish the normal traffic from the bot traffic and often the server crashes under the heavy load. For a normal user trying to access the service, the service is unavailable because of the finite resources of the server being exhausted by the bot traffic. Hence, it is called a denial of service attack.</p>
<p style="text-align: justify !important;">Hence, when a city, state or a nation is considering providing an eservice to citizens it could witness such attacks. One strategy to mitigate such attacks is to have tracking of the server traffic for any anomalies and having redundancy available in the system. This is achieved many times by putting the service on a cloud, which can tolerate such traffic fluctuations.</p>
<p><strong>3. Data leak and breaches</strong></p>
<p style="text-align: justify !important;">Many health systems or systems require some kind of authentication mechanism to log in to the system in order to access the service. Many a times these are text password based systems behind which, important patient profile or health records information is stored. The largest of the companies like that of Google, Microsoft etc have seen attacks where the attacker is able to leak the passwords of millions of their customers. Such scenarios result in massive breach of data privacy and compromise for customers.</p>
<p style="text-align: justify !important;">Good security practices, proper encryption of data and regular updates of the system are some of the key considerations for avoiding such instances. Nowadays, two-factor authentication has become a standard practice for making the authentication systems more robust. However, still some user awareness is needed to opt for better security practices whenever possible.</p>
<p><strong>4. Hacking medical devices and health system</strong></p>
<p style="text-align: justify !important;">If we look at the building blocks of the health systems, where information technology is deeply integrated. We have already covered the health information systems, eservices and patient interface of authentication into the services. However, increasingly we hear about Internet of Things (IoT) devices in the health sector domain. Which means the integration of Internet services into traditional medical devices or new age devices, which have also connectivity. For example, a thermometer which can send the temperature data to your phone or a stethoscope which can record the patient breathing sound and upload in a server for finding patterns of lung diseases. These are powerful use cases and provide great opportunity to clinicians and care providers, where they have greater computation power available to them and they are able to do more with less. However, these IoT devices are prone to the same kind of attacks as any other communication device or a software program. They can be compromised to show wrong values and totally messing up the diagnosis. There are already such instances. One such instance not related to health sector but important is of the Stuxnet. Stuxnet was designed for the SCADA systems of Iranian nuclear program by USA and Israel in order to delay their nuclear program.</p>
<p><strong>5. Stealing identity information</strong></p>
<p style="text-align: justify !important;">As mentioned in the point 3, about data leaks and breaches at the system level. One problem, which can arise from such an attack, is a further more damaging attack that is stealing of identity information. In India, mobile phones to receive an sms message containing one time password is increasingly becoming a standard practise because of being cost effective, simple and secure. Any such application, which you may install on your phone, can also get access to the sms and other features of your phone. Meaning the incoming sms or calls can also be stolen by this application to complete the transaction on your behalf. As increasingly we have to prove ourselves using biometrics or passwords to online systems. It is possible for the attackers to steal these credentials and access our records without our knowledge. Hence, any third party applications that we install on our devices (especially phone) , we need to be very careful about the type of access control they have on our devices.</p>
<p><strong>6. Implantable medical devices with communication interfaces:</strong></p>
<p style="text-align: justify !important;">In 2007, the former US Vice President, Dick Cheney’s implanted pacemaker’s wireless communication was disabled fearing a terrorist attack. This sounds like science fiction to many but incident has already happened ten years back! Many of the medical devices are built with a communication interface and it is quite normal for a typical pacemaker or other such devices to have a Bluetooth or a similar communication technology based interface for remote diagnosis and other purposes. While, the communication ability of such a device was planned for looking at the state of the pacemaker it was not designed with keeping security in mind. Hence, it is possible that someone can connect to a critical device like pacemaker and shuts it down remotely.</p>
<p style="text-align: justify !important;">One more reason that such exploits are possible increasingly as computing is becoming cheaper. What seems strong security today might not be strong tomorrow. However, an implantable device might stay in the patient’s body for tens of years. Hence, we need to have a long-term view on the communication interfaces and their capabilities on such devices. We need to make considerations on control and information capabilities of these interfaces. Misuse of control capabilities can lead to even death and misuse of information capabilities can lead to breach of patient privacy.</p>
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	<p><span style="color: #0071b2;"><strong>Way forward: why Internet is the new breeding ground for crime?</strong></span></p>
<p style="text-align: justify !important;">The law of the land governs the Internet in every country and hence the legal regime globally is very fragmented. However, a user of Internet does not see any borders or walls and so is the criminal. They build their criminal businesses where they do not fear strict government action and often for paltry sums the user or the national law enforcement agencies do not pursue the criminal cases cross border.</p>
<p style="text-align: justify !important;">On top of it newer crypto currencies like Bitcoins, makes it easy to make such transaction in an anonymous manner. Dark net marketplaces provide a breeding ground for criminals to conduct illegal transactions of billions of dollars without getting caught. So, the three important components, weak legal enforcement, anonymous currency and secret marketplaces are enabling the cyber crime to flourish. If we want to slow it down, we will need greater international collaboration among lawmakers and user awareness at all levels.</p>
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	<p><span style="color: #0071b2;"><strong>Reference:</strong></span><br />
<strong>(i)</strong> <a href="https://www.wsj.com/articles/SB10001424053111903480904576512250915629460">https://www.wsj.com/articles/SB10001424053111903480904576512250915629460</a><br />
<strong>(ii)</strong> <a href="http://labs.sogeti.com/how-many-defects-are-too-many/">http://labs.sogeti.com/how-many-defects-are-too-many/</a><br />
<strong>(iii)</strong> <a href="https://www.ted.com/talks/mikko_hypponen_fighting_viruses_defending_the_net/transcript?language=en">https://www.ted.com/talks/mikko_hypponen_fighting_viruses_defending_the_net/transcript?language=en</a><br />
<strong>(iv)</strong> <a href="https://hackerone.com">https://hackerone.com</a><br />
<strong>(v)</strong> <a href="https://en.wikipedia.org/wiki/Zero-day_(computing)">https://en.wikipedia.org/wiki/Zero-day_(computing)</a><br />
<strong>(vi)</strong> <a href="https://en.wikipedia.org/wiki/Cyberweapon">https://en.wikipedia.org/wiki/Cyberweapon</a><br />
<strong>(vii)</strong> <a href="https://en.wikipedia.org/wiki/Ransomware">https://en.wikipedia.org/wiki/Ransomware</a><br />
<strong>(viii)</strong> <a href="https://en.wikipedia.org/wiki/Bitcoin">https://en.wikipedia.org/wiki/Bitcoin</a><br />
<strong>(ix)</strong> <a href="http://www.csoonline.com/article/3033160/security/ransomware-takes-hollywood-hospital-offline-36m-demanded-by-attackers.html">http://www.csoonline.com/article/3033160/security/ransomware-takes-hollywood-hospital-offline-36m-demanded-by-attackers.html</a><br />
<strong>(x)</strong> <a href="https://www.theguardian.com/technology/2016/feb/17/los-angeles-hospital-hacked-ransom-bitcoin-hollywood-presbyterian-medical-center">https://www.theguardian.com/technology/2016/feb/17/los-angeles-hospital-hacked-ransom-bitcoin-hollywood-presbyterian-medical-center</a><br />
<strong>(xi)</strong> <a href="http://innovatiocuris.com/looming-danger-of-ransomware/">http://innovatiocuris.com/looming-danger-of-ransomware/</a><br />
<strong>(xii)</strong> <a href="http://www.bbc.com/news/technology-24608435">http://www.bbc.com/news/technology-24608435</a></p>
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<p>The post <a href="https://innohealthmagazine.com/2017/issues/cyber-security-threats/">Upcoming Cyber Security Threats in Health Sector</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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					<description><![CDATA[<p>Dr. Avantika Batish</p>
<p>The post <a href="https://innohealthmagazine.com/2017/innovation/indian-healthcare-innovations/">Healthcare Innovations For The Month Of September-December</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p><span style="color: #0071b2;"><strong>Healthcare Innovations for the month of September &#8211; December</strong></span><br />
<span style="color: #0071b2;">Dr. Avantika Batish</span> is working as Director Strategy and Healthcare at International Health Emergency Learning and Preparedness. Also, guest faculty for MBA HR and MBA Healthcare Management at various B-Schools and is a soft skills trainer.</p>
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	<p><span style="color: #0071b2;"><strong>Indian Healthcare Innovations</strong></span><br />
<span style="color: #0071b2;"><strong>BabyChakra Launches “MOMLINE”</strong></span><br />
<strong><span style="color: #0071b2;">Naiyya Saggi, CEO &amp; Co-founder</span></strong><br />
BabyChakra, India’s most trusted parenting platform will also be launching “MomLine” on their Android app as well as on other points of community engagement. The “MomLine” will ensure that mothers who want to donate breast milk can directly connect with mothers in desperate need of breast milk for their little ones. This is a first-of-its-type initiative globally. The team at BabyChakra is passionate about healthier, happier moms and babies.<br />
<strong><span style="color: #0071b2;">Mars Plus</span></strong><br />
<strong><span style="color: #0071b2;">Founder: Nilesh Vyas</span></strong><br />
What if the doctor you choose to see is able to view all your medical history and past treatments? What if your lab orders and prescriptions are available at your fingertips and you can compare costs before taking them? What if every test and x-ray you take, magically appear on your Doctor’s mobile? What if you don’t have to retake a test just because you went to another Doctor?<br />
Mars Plus has come up with the mission of providing an integrated platform for end-to-end healthcare management connecting patients, doctors, hospitals and ancillary healthcare networks such as the labs, pharmacy etc. It has a cloud-based, mobile-first approach to make healthcare accessible anytime, anywhere, from any device. The company plans to have a pan-India presence by 2017.<br />
<strong><span style="color: #0071b2;">Arogya</span></strong><br />
<strong><span style="color: #0071b2;">Founder: K.P Singh</span></strong><br />
With the changing lifestyle, medicines have become one of the necessities of every individual. But costly medicines have made many people devoid of proper healthcare. Understanding the vast gap in selling price and cost price of medicines due to a large margin of retailers and wholesalers, Arogya was started in association with the Red Cross Society in Indore. The company with 13 branches currently in Indore sells medicines at a discount of 20% to 75% on MRP.<br />
<strong><span style="color: #0071b2;">HemoCue, in Association with Embassy of Sweden Launches World’s First Real-time Anaemia Monitoring System</span></strong><br />
Early and accurate diagnosis can play a key role in improving treatment outcomes in anaemia. Employing detection methods that are fast, accurate and reliable promises to be a significant step forward in meeting the challenge anaemia poses. Keeping this in mind HemoCue, the global leader in point-of-care diagnostics recently launched HemoCue HealthTrender Anemia, the new-age anaemia screening and monitoring system in New Delhi. HemoCue HealthTrender Anemia is an innovative device that when integrated with community health programs, especially in rural areas can help address the issues of delayed and incorrect diagnosis. The real time data that it helps generate and analyze can be instrumental for decision makers to create policies around anaemia management. Numbers reveal that the physical and cognitive losses due to iron deficiency have a significant effect on the Gross Domestic Product – in some developing countries up to as much as four percent.<br />
The Government of India is relentlessly involved in carrying out programs to fight anaemia. Many of the programs are executed by village clinics, healthcare centers and NGOs in rural areas under harsh conditions with limited access to electricity, pure water combined with a poor infrastructure. Under these conditions it becomes virtually impossible to collect data, review, act or evaluate the programs in a timely and effective way; something that has been requested for a long time but never adequately solved.<br />
HemoCue HealthTrender Anemia is a cloud-based solution that can help overcome these challenges as it offers immediate insight using real-time data captured from the HemoCue Hb201+ analyzer in the field.<br />
<strong><span style="color: #0071b2;">‘SAVE MOM’, a Maternity Healthcare Start-up!</span></strong><br />
<strong><span style="color: #0071b2;">Founders: Senthil Kumar and Divya Krishnan</span></strong><br />
The venture has developed a wearable digital health echo system for pregnant women. The endeavour has recently received funding of rupees 30 lacs from Sudip Bandyopadhyay, Group Chairman, Inditrade Capital and Rahul Singh, Founder &amp; CEO – The BeerCafe. Save Mom is a B2B start-up that offers smart wearable for pregnant woman. Boasting aesthetic bead-like design, the wearable device monitors sleep cycles, heartbeat, basal metabolic rate, and glucose rate. It also has a reminder for taking medicine, and calculates the body’s requirement of iron. The smart wearable operates on a cloud-enabled monitoring system and has 10 months of battery life.<br />
<span style="color: #0071b2;"><strong>Cytecare Opens its First Chain of Facilities in India for Organ-site Cancer Care</strong></span><br />
<strong><span style="color: #0071b2;">Dr. Ferzaan Engineer, Co-founder &amp; Chairman of Cytecare and Suresh Ramu, Co-founder &amp; CEO of Cytecare</span></strong><br />
Cancer treatment is evolving every day and newer techniques and treatment protocols are being developed to increase the probability of positive outcomes. Medical research has revealed that no two cancer patients are identical and hence each person needs a customized treatment protocol. This revelation led to the emergence of Cytecare.<br />
Cytecare Hospitals has now forayed into providing dedicated cancer care with its first organ site focused 150-bed facility in Bengaluru. The six storied facility in Yelankha enroute to Bengaluru’s Kempegowda International Airport is the flagship facility of the healthcare major’s 4- 5 similar hubs which are planned across India. Their effort is to ensure continuity of care. The facility would expand across 4-5 major hospitals in the country via a hub-and-spoke model with sub-centres to strengthen the network for easy access to patients. Their primary attention is on the Indian patients and of course, international cases will also be attended to. Leading oncologists and medical professionals from the best centres in the country and globally have partnered in this mission. They will provide the much-needed advances not just in treatment but diagnostics and drugs. The hospital utilizes Digital Breast Tomosynthesis (DBT), a next-generation breast imaging digital technology. It is also the first hospital in Karnataka to have the Elekta Versa HD. Globally, the advanced linear accelerator is used in the delivery of stereotactic body radiotherapy (SBRT) and radiosurgery (SRS). The high precision Versa HD provides the industry’s largest IGRT cone-beam CT field-of-view and designed with patient safety in mind. The objective is to drive medical excellence, global best practices to deliver superior clinical outcomes.<br />
<strong><span style="color: #0071b2;">Diagnostic Start-up Healthians.com Raises US$ 3 million from Investors</span></strong><br />
<strong><span style="color: #0071b2;">Deepak Sahni, Founder, Anuj Mittal, Co-founder and Teruhide Sato, Founder and Managing Partner, BEENEXT</span></strong><br />
healthians.com, a diagnostic and wellness start-up has raised $3 million (around INR 20 crore) in Series A Round of funding led by BEENEXT along with Digital Garage, BEENOS and others. The company had raised its seed round last year in July from YouWecan ventures.<br />
healthians.com runs on a technology-led asset-light model. The operational model involves working in close partnership with lab owners to significantly increase lab capacity utilisation, upgrade to high-quality infrastructure and implement a proprietary 52-point technology-led quality management system in order to ensure high-quality results. Their focus is on cost, quality and customer experience.<br />
The platform has conducted over a million diagnostic tests and has served over 150,000 customers in the Delhi/NCR region. The company has its own team of over 200-plus phlebotomists in Delhi/NCR alone, making it the largest home collection service in the country. The future plans of the company include creating the largest umbrella brand in the country by adding over 200 labs and 3,000-plus phlebotomists to its existing network across 30 cities over the next 12-18 months. The business aims to grow swiftly to achieve a 5,00,000 monthly sample load by the end of 2017. The company aims to become India’s largest diagnostic brand by 2019.<br />
<span style="color: #0071b2;"><strong>Modasta Raises US$ 1.5 million from Mauritius-based HNIs</strong></span><br />
<span style="color: #0071b2;"><strong>Founders: Bikram Barman, Pankaj Pandey and Geethanjali</strong></span><br />
Digital healthcare content start-up Modasta Technologies Pvt. Ltd founded in 2015 has raised $1.5 million from a group of Mauritius-based high net worth individuals (HNIs) in angel funding. These HNIs are senior technology and medical professionals.<br />
The fund will be allocated for business growth, upgrading technology, talent acquisition and marketing outreach activities. Modasta offers multi-lingual health content curated by Indian doctors. As the first of its kind initiative in India, Modasta will service the length and breadth of the country with pertinent content on a plethora of subjects from lifestyle diseases, mental health, women’s health, men’s health, sexual health and paediatrics amongst others. The platform provides content in English, Hindi, Telugu and Tamil, in the form of articles, videos and audios contributed by doctors along with online group discussions in health forums. It plans to offer content in more languages and introduce online doctor consultation services called “telehealth”.<br />
<span style="color: #0071b2;"><strong>P.D. Hinduja Hospital &amp; MRC Launches First-of-its-Kind Wheelchair-friendly Transportation Service for Patients with Limited Mobility</strong></span><br />
<span style="color: #0071b2;"><strong>Gautam Khanna, CEO</strong></span><br />
India is home to a large number of patients with limited mobility who often find it difficult to travel alone. Travelling is difficult for the specially-abled, senior citizens and patients undergoing orthopedic, and musculoskeletal surgical procedures, OPD procedures like dialysis, chemotherapy and stroke treatment. With an aim to provide a safe and hassle free transportation service for these patients, P.D. Hinduja Hospital &amp; MRC will provide this innovative first-of-its-kind service across the city of Mumbai.<br />
Hinduja hospital has become the first hospital in India to launch a special wheelchair-friendly patient transportation service for those with limited mobility. This service is enabled by specially designed vehicles provided by Ezy Mov to help patients travel independently for treatment.<br />
The vehicle is equipped with the latest advanced hydraulic wheelchair lift. It also consists of safety features like a fire extinguisher, medical kit, a ratchet restraint system for holding the wheelchair in place, along with provisions for an extra seatbelt for the wheelchair occupant, seating for the attendant and electric points for charging.<br />
<span style="color: #0071b2;"><strong>Quadio Technologies</strong></span><br />
<span style="color: #0071b2;"><strong>Neeraj Dotel, CEO</strong></span><br />
The company has created its own device and an internet-based solution that allows it to conduct the test remotely, taking audiometry to people in smaller towns and villages where this facility is largely lacking. The company currently has seven such clinics in Gujarat and Maharashtra, in towns like Nadiad, Anand and Dhule and have about 100 patients coming in at each centre every month. Outreach programmes whenever done around these towns gets a footfall of up to 200 in a day.<br />
<strong><span style="color: #0071b2;">Karma Healthcare</span></strong><br />
<strong><span style="color: #0071b2;">Jagdeep Gambhir, CEO</span></strong><br />
The company was set up in 2014 where a team of doctors in Udaipur is connected to smaller centres across the state of Rajasthan. Karma provides access to primary healthcare providers, and in some cases, specialists like paediatricians or gynaecologists, and has consulted 38,000 patients so far. To ensure that people go to them — and not the local quack — Karma’s services are priced marginally below theirs. Technology is an enabler, but the physical connect is equally important as observed by the team. They find that the centres that do the best are the ones that have really good nurses. It helps that the doctors are in the same state and are familiar with the local dialects, which helps put the patients at ease. In extreme cases, the patients can still travel to the doctor in person if need be.</p>
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	<p><span style="color: #0071b2;"><strong>Olito</strong></span><br />
<span style="color: #0071b2;"><strong>Rajesh Kumar Singh, CEO</strong></span><br />
Another company that has big plans for this space is Olito, set up earlier this year in Pune by a group of former techies. The first steps are done by establishing an actual clinic in Pune, signing on 100 doctors, and creating a mobile app. The patients who come to their clinic here can use the app to contact the doctors for their follow-ups, the next step will be expanding to Ghaziabad and Lucknow. From these cities, the company will tap into pharmacists or paramedics in smaller towns around them, who can connect patients in their villages to the doctors in Pune through the app. These would be people the locals already trust and would make it easier for Olito to connect with them.<br />
<strong><span style="color: #0071b2;">Mobident</span></strong><br />
<strong><span style="color: #0071b2;">Vivek Madappa, Co-founder</span></strong><br />
Mobident is one of the growing number of start-ups based in Bangalore that are reversing the way traditional healthcare works. It works on the model wherein the dentist visits the patient&#8217;s house instead of the patients coming to a clinic.<br />
Lack of time (to go visit a doctor), awareness and accessibility are the main reasons cited for the success of this model with the aim to catch the problem early and true belief that “Prevention is better than cure”.<br />
The company&#8217;s &#8220;portable dental clinic in a suitcase&#8221; comes with a portable chair too. Since majority of the population requires only basic protection and not serious treatment, this arrangement is enough for a home visit.<br />
<strong><span style="color: #0071b2;">Chikitsak</span></strong><br />
<strong><span style="color: #0071b2;">Milind Naik, Co-Founder</span></strong><br />
Non-communicable diseases screening start-up Chikitsak and cervical cancer screening start-up Aindra have partnered with non-governmental organisations to take their kits across to the rural masses. In the process, they also create micro-entrepreneurs, who were previously unemployed or were getting low salaries.<br />
Chikitsak uses a camera bag-like kit which consists of nine devices including an android tab, a printer and a simple coloured health chart to screen patients. The whole screening costs just INR 50 and measures around 17 basic health parameters including ECG, anaemia, blood pressure and BMI.<br />
The start-up also helps its NGO health workers earn INR 11,000-12,500 a month. The rural masses do not have proper awareness. This model is an income generation option for rural women who are part of self-help groups. They earn a lot of respect and also help in detecting problems early.<br />
<strong><span style="color: #0071b2;">Indian Healthcare sector sees 88 funding deals worth $397 million in 2016</span></strong><br />
Start-ups and investors alike see a huge opportunity in the demand and supply gap that exists in the Indian healthcare sector both as social cause and a business case. Therefore the investments are inevitable in healthcare. According to News Corp VCC Edge Healthcare Sector Funding insights, Indian healthcare sector has registered 88 funding deals amounting to $ 397.41 million so far this year out of which healthcare start-ups cornered 73 deals amounting to $ 113.45 million. This includes 54 angel/seed deals worth $ 11.19 million, 23 venture capital funding deals worth $ 155.83 million and 11 private equity deals amounting to $ 230.39 million. Since 2012, the sector has witnessed 558 funding deals to the tune of $ 5,657 million. Start-ups in the healthcare space have received funding worth $ 735 million from 336 deals since 2012.<br />
So far this year, start-ups with consumer- centric digital modes of service delivery have raked in $ 77.3 million. Biotechnology segment attracted the top private equity and venture capital deals so far in 2016 with Quadria Capital&#8217;s investment of $ 70.27 million in Concord Biotech Ltd. Other top private equity deals during the year were in the healthcare facilities and services space such as that of ADV Opportunities Fund I LP investing $ 45 million in Dr Agarwal&#8217;s Health Care and TPG Growth Equity III LP investing $ 33 million in Cancer Treatment Services International Inc.<br />
It has been noted that while start-ups with consumer-centric business models and digital modes of service delivery such as facilitating doctor appointments, efficient information management system and online pharmacies have been attracting investor interest, trends suggest that there will be money backing for the start-ups focusing on corporate tie-ups, medtech, virtual diagnostics &amp; preventive care.<br />
<strong><span style="color: #0071b2;">Healthcare Innovations Abroad</span></strong><br />
<strong><span style="color: #0071b2;">RingMD: Using Data to Provide Affordable Healthcare to More People in Asia</span></strong><br />
RingMD is a health tech start-up trying to drive patient care transformation in Asia with a simple idea to match doctors and patients around the world regardless of location. Users sign up to the platform in order to facilitate consultations via video link. Conditions which do not require a physical examination can then be remotely diagnosed and treated.<br />
Patients can also wear a device on their wrist which transmits their pulse, blood pressure and other vital signs to their doctor in real time. Doctors can use this data to help patients make more informed decisions about their health.<br />
The site earns a fee from doctors who wish to charge for their services. Data collected — held confidentially — provides insights on attitudes towards healthcare and the illnesses that may be ailing large populations. The effort of RingMD is to convince partners in the healthcare industry — governments, hospitals and other players such as insurance and pharmaceutical companies to adopt more data-driven thinking in the delivery of healthcare.<br />
<strong><span style="color: #0071b2;">Median Technologies Collaborated with Microsoft to Develop New Cancer Detection, Diagnosis &amp; Monitoring Methods</span></strong><br />
<strong><span style="color: #0071b2;">Fredrik Brag, Chief Executive Officer at Median Technologies</span></strong><br />
Precision Medicine is about to revolutionize how diagnostic and biological data is used to pinpoint and deliver care that is preventive, targeted and effective. Extracting biomarkers of disease from medical images is at the core of the Precision Medicine effort. Big Data computing and analytics will allow efficient processing and analysis of imaging biomarkers which is essential for early detection of cancer and monitoring of new targeted cancer treatments.<br />
Median Technologies (ALMDT) is a leading medical imaging solutions and service provider for image interpretation and management in oncology. Median Technologies and Microsoft announced a joint global initiative in the rapidly growing Precision Medicine market to develop new cancer detection, diagnosis and monitoring methods using Big Data analytics.<br />
As part of the initiative, Median Technologies will install its groundbreaking imaging biomarker phenotyping system (IBIOPSY) on the Microsoft Azure cloud computing platform. On Azure, IBIOPSY will provide capabilities for processing and analyzing medical images, extracting biomarkers of disease in real time for cancer diagnosis and treatment purposes. The collaboration will allow delivering these solutions into routine clinical practice on a global scale on the Azure cloud computing platform. Microsoft Innovation teams have collaborated on the IBIOPSY project to bring innovative technologies at the service of cancer research. By taking advantage of the powerful Microsoft Azure cloud platform, IBIOPSY will provide faster imaging and health data analysis and will accelerate the discovery and delivery of new biomarkers for cancer diagnosis and treatment monitoring.<br />
<strong><span style="color: #0071b2;">Synaptive Medical and General Atlantic Announce Strategic Partnership</span></strong><br />
<strong><span style="color: #0071b2;">Cameron Piron, President of Synaptive Medical</span></strong><br />
General Atlantic, a global growth equity firm with over 35 years of experience investing in 250 growth companies and deep expertise in the healthcare and technology sectors, has made a strategic investment in Synaptive Medical, a leading medical device and technology company.<br />
The healthcare industry is shifting toward an integrated delivery model that treats the whole patient from the diagnosis to surgery and beyond. Efficient medical imaging, combined with timely and effective care, is a critical driver of that change. Synaptive is developing novel imaging solutions that will help improve clinical outcomes for patients in partnership with the people and institutions that care for them. Synaptive, a Toronto based company develops integrated technologies to solve challenges both in and beyond the operating room through deep collaboration with surgeons and hospitals. The company’s BrightMatter™ suite of products provide advanced visual and information tools that allow surgeons to focus on patient outcomes within a global healthcare industry. The company’s surgical technology—which combines informatics, imaging, surgical planning, navigation and advanced optics—has been installed at top-ranked health care facilities across the United States, including recent installations at Emory University Hospital, the Gates Vascular Institute, Grady Health, Indiana University Health Methodist Hospital and Mount Sinai. Synaptive also pursues unique collaborations with its customers, such as its recent initiative with Henry Ford Health System to empower ONConnect, a virtual tumor board that aims to offer patients greater transparency in determining their brain tumour treatment options.<br />
<span style="color: #0071b2;"><strong>CitiusTech Sets Up Healthcare Innovation Fund With SINE</strong></span><br />
Healthcare technology company CitiusTech has launched a Healthcare Innovation Fund in collaboration with SINE &#8211; IITs Society for Innovation and Entrepreneurship fund to invest in innovative ventures in healthcare and healthtech. The fund was set up in 2015 wherein Citius wanted to do more than just put up some money as part of the mandatory CSR under the government policy. To start with, this is a five year commitment with an increasing annual contribution which could be extended at the end of the initial five year period. The final decision on what start-ups are selected rests with SINE, while CitiusTech executives would step in as mentors as and when needed. This fund also envisages the idea of enterprise start-ups to students on campus, who typically are more exposed to consumer facing businesses and don’t often have perspective on entrepreneurship opportunities in the healthtech space or on the enterprise side, and this is a way to boost healthcare innovation on campus. So far the fund has invested in four companies which are CareNx, a remote monitoring tool to detect high-risk pregnancies earlier, Transpact, which makes a therapeutic product for children with cerebral palsy, Medprime Technologies, a medical devices start-up and InceptorTechnologies, a low-cost digital Braille reader.<br />
<strong><span style="color: #0071b2;">Insulin Cells Under Skin Could Save Diabetics From Jabs</span></strong><br />
Scientists have created artificial beta cells from human kidney cells that act as sugar sensors and insulin producers. The therapy involves a capsule of genetically engineered cells implanted under the skin that automatically releases insulin as required. Researchers at ETZ Zurich (Swiss Federal Institute of Technology) have used a cell line based on human kidney cells, HEK cells which have been enhanced with a voltage-dependent calcium channel and a gene for the production of insulin and GLP-1, a hormone involved in the regulation of the blood sugar level. When the blood sugar level exceeds a certain threshold, the potassium channels close. This flips the voltage distribution at the membrane, causing the calcium channels to open. As calcium flows in it triggers the HEK cells built-in signalling cascade, leading to the production and secretion of insulin or GLP-1. Diabetic mice when implanted with these artificial cells were found to have normal blood sugar levels for several weeks. In developing the artificial cells, experts had the help of a computer model which allows predictions to be made of cell behaviour, which can be experimentally verified.</p>
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<p>The post <a href="https://innohealthmagazine.com/2017/innovation/indian-healthcare-innovations/">Healthcare Innovations For The Month Of September-December</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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