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		<title>Guildelines Released for Evaluation of Nanopharmaceuticals</title>
		<link>https://innohealthmagazine.com/2020/well-being/guildelines-nanopharmaceuticals/</link>
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		<dc:creator><![CDATA[InnoHEALTH Magazine]]></dc:creator>
		<pubDate>Fri, 10 Jan 2020 10:48:21 +0000</pubDate>
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					<description><![CDATA[<p>The Minister for Science &#038; Technology, Earth Sciences and Health &#038; Family Welfare released the guidelines for evaluation of nanopharmaceuticals</p>
<p>The post <a href="https://innohealthmagazine.com/2020/well-being/guildelines-nanopharmaceuticals/">Guildelines Released for Evaluation of Nanopharmaceuticals</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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										<content:encoded><![CDATA[<p>On 24th October 2019 in New Delhi, the Minister for Science &amp; Technology, Earth Sciences and Health &amp; Family Welfare released the guidelines for evaluation of nanopharmaceuticals, which are emerging as more potent tools for treating various diseases.<br />
<strong>Also Read: <a href="https://innohealthmagazine.compersona/digital-health-interventions/">WHO’s First Guideline to Digital Health Interventions</a></strong><br />
The document, which covers all the aspects of evaluation from the definition and categorization of nanopharmaceuticals to pharmacovigilance of the new set of therapeutics, has been prepared as a joint project by the Department of Biotechnology in the Ministry of Science and Technology, and Indian Council of Medical Research and Central Drugs Standard Control Organisation in the Ministry of Health and Family Welfare.<br />
Nano-pharmaceuticals, which are derived by the application of nanotechnology in medical therapeutics, are expected to bring about a revolution in the treatment strategies as they would enable target-specific delivery of drugs and therapeutic molecules and thus offer higher efficacy and lower toxicity in many disease conditions. They are expected to be of great use particularly in cancer treatment.<br />
<strong>Also Read: <a href="https://innohealthmagazine.comtrends/nanochip-deliver-biological/">NANOCHIP TO DELIVER BIOLOGICAL</a><br />
</strong><br />
Every year, several new nanopharmaceuticals are being developed and marketed across the world. India too has a sizable pool of nanoscientists generating a large number of scientific publications in this domain. However, regulatory approval is the most important factor for translating laboratory research into bedside medicine. The new set of guidelines is designed to facilitate this process.<br />
Noting that the document has been prepared by domain experts in consultation with representatives of the industry, Dr. Harsh Vardhan, Hon’ble Minister of Health and Family Welfare expressed confidence that it will give a big boost to innovators and drug manufacturers to optimize their research and come out with medicines that would be safer and more affordable.<br />
<strong>Also Read: </strong><a href="https://innohealthmagazine.comresearch/innovative-biomarkers-early-diagnosis/"><strong>Innovative Biomarkers for Early Diagnosis and Treatment of Life</strong></a><br />
Hon’ble Minister Dr. Vardhan also announced a three-day international conference that was organized by the Department of Biotechnology and Confederation of Indian Industry in New Delhi from November 21-23, 2019 in collaboration with the Association of Biotech-Led Enterprises (ABLE) and Biotechnology Industry Research Assistance Council (BIRAC), which is a public sector undertaking under DBT to showcase India’s prowess in the area of biotechnology and help build new partnerships and investment opportunities.<br />
Titled Global Bio-India 2019, the meet deliberated on opportunities and challenges in the areas of bio-agriculture, bio-industry, bio-energy, bio-services, and biopharma sectors. It had several components including policy dialogues, investors’ round tables, a meeting of regulators across the world and an exhibition.</p>
<p style="text-align: right;"><em>Credits: India Science Wire</em></p>
<p>The post <a href="https://innohealthmagazine.com/2020/well-being/guildelines-nanopharmaceuticals/">Guildelines Released for Evaluation of Nanopharmaceuticals</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>Exclusive Interview with India&#039;s National Cybersecurity Coordinator</title>
		<link>https://innohealthmagazine.com/2019/cybersecurity/national-cybersecurity-coordinator/</link>
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		<dc:creator><![CDATA[InnoHEALTH Magazine]]></dc:creator>
		<pubDate>Mon, 14 Oct 2019 05:23:08 +0000</pubDate>
				<category><![CDATA[Cybersecurity]]></category>
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					<description><![CDATA[<p>Exclusive Interview: Lt General (Dr) Rajesh Pant, India’s National Cybersecurity Coordinator at Prime Minister office with InnoHEALTH Magazine</p>
<p>The post <a href="https://innohealthmagazine.com/2019/cybersecurity/national-cybersecurity-coordinator/">Exclusive Interview with India&#039;s National Cybersecurity Coordinator</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[
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	<h4><strong>Vision for cybersecurity: An exclusive interview with India&#8217;s National <a href="https://innohealthmagazine.comtheme/cybersecurity-business-evangelist/">Cybersecurity</a> Coordinator at Prime Minister&#8217;s Office</strong></h4>
<p>-Interviewed by Sachin Gaur, executive editor, InnoHEALTH Magazine</p>
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	<p style="text-align: justify !important;"><em><strong>Lt General (Dr.) Rajesh Pant</strong></em> is an internationally recognized Cyber Security expert, presently tenanting the prestigious appointment of National Cyber Security Coordinator at the Prime Minister’s Office, India. General Pant brings to the table an interesting mix of military operations, academic excellence, corporate governance, and cybersecurity wisdom. Prior to this, he was the Head of the Army’s Cyber Training establishment for three years. He served in the Army Signals Corps for 41 years wherein he was awarded three times by the President of India for distinguished service of the highest order. He also served as the Chairman of Precision Electronics Ltd as a Governing Council Member of IETE (India). <a href="https://www.linkedin.com/in/sachgaur/"><em><strong>Sachin Gaur</strong></em></a> interviewed him on his viewpoint on India’s vision for cybersecurity.</p>
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	<p><strong>Q. On behalf of InnoHEALTH Magazine, we congratulate you on your new assignment. For our readers, we would like you to share your short-term and long-term vision for Cybersecurity from national</strong><strong> security perspective</strong>.<br />
Short-term vision is to issue National Cyber Security Strategy 2020-25 early next year. Task force is working overtime on this by consulting all stakeholders. Long-term vision is to create an all-encompassing cyber vertical at the national level, to handle incident response, cybercrimes, legal issues and capacity building.</p>
<hr width="100%" />
<strong>Q. We know that there are some fundamental technological shifts waiting to happen like 5G, and along-with it massive (Internet of Things) IoT deployments and especially use cases of connected healthcare. Can you share your views on the cybersecurity implications of the connected devices?</strong><br />
<a href="https://innohealthmagazine.comtheme/iot-can-truly-transform-rural-healthcare-india/">IoT security</a> is a priority topic world over and this is because the limited security capabilities of these devices are also an afterthought. We need to work on a framework, to bring baselinesecurity through the manufacturers and developers of these devices. These devices are omnipresent in our lives, we find them in our home environment to industrial environments including hospitals. We have seen attacks in the past, where such devices are compromised to launch massive denial of service attacks to manipulate the workings of critical infrastructure.<br />
Also, the issue of IoT security is multidimensional, from <a href="https://innohealthmagazine.comissues/patients-sensitive-health-data/">data security</a>, privacy to device security. As we discuss this, there are multiple acts and bills pending in the Parliament on these topics. While the bills and acts will provide a framework, we need to also create awareness on both sides, supplier and consumer on the possible risks and mitigation strategies.</p>
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<strong>Q. What steps can be taken to improve the security in such <a href="https://innohealthmagazine.comtrends/medical-iot-future-of-connected-health/">connected devices</a>?</strong><br />
When I say baseline security framework, it can be achieved in multiple ways.<br />
As of today, most devices that we use including mobile phones, do not have a security testing certification. So, we can agree with the industry and look at important test cases and if they can do self-certification on such test cases.<br />
<em>For </em>example: the device should not have weak default login credentials, it is sending data to a remote server and can be operated remotely. So, we can come up like a 5-star rating framework like that of the energy consumption but for the security of IoT devices basis what kind of tests they clear.<br />
Industry bodies can agree on various levels of security and what it takes to achieve that level. Such a framework, when implemented, can provide confidence to consumers and users on the kind of device they are using vis-a-visthe use case they have at hand. So, they might use a higher security rating device in a use case where the stakes are high.<br />
The other approach is to get the security testing done with notified agencies. Department of Telecom for example has announced mandatory security testing of network elements for telecom given telecom is a part of the critical infrastructure and security issuescannot be taken lightly.<br />
Also, some of the emerging concepts in connected devices are missing in the various governing acts of the industrial connected devices. So, we also need to update our legal frameworks to cover software-based tempering of such devices and make the manufacturers and service providers accountable and proactive towards the security of the systems they provide.</p>
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<strong>Q. What are the threats that you foresee for the health sector? </strong><br />
There are three areas we see where health sector can be impacted:<br />
First is the data breaches and <a href="https://innohealthmagazine.comissues/ransomware-epidemic/">ransomware attacks</a> on healthcare data. As we know, among all the data, healthcare is the most sensitive and sought after by malicious actors. Outside of India, we have seen umpteen cases where ransomware has crippled the health system and it is only after paying the ransom the hospitals can start operation again. Timely backups and encryption of healthcare data during storage is a preventive measure that clinical establishments can take to mitigate the breach and ransomware attacks.<br />
Second is the manipulation of connected devices. The topic of IoT and connected devices security, as discussed in the above sections, directly apply to the medical devices. Healthcare is a domain where attacks on such devices can be life threatening, especially when there are implantable devices. As we have the new Medical Device Regulation Act in India since 2018, we should also consider cyber security aspect in the devices which have a communication interface. For example, a pacemaker which has a communication interface can be manipulated remotely and the patient’s life is at risk.<br />
Third is the manipulation of health system including the building management. We are probably not very far from the days when sophisticated attacks, as we see in the movies, on high security establishments by manipulating the building controls. The building management systems are very weak when it comes to security. Every hospital is a building and imagine what a false fire alarm would mean to patients in Intensive Care Unit. Or even loss of air conditioning or sudden spikes in electrical power.<br />
There is a proposed act <a href="https://innohealthmagazine.cominnovatiocuris/disha-act/">DISHA</a>, Digital Information Security Healthcare Act, which might address some of the legal aspects of security in the healthcare setting. A lot needs to be done in this area, and we are on our way.</p>
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<strong>Q. Our readership consists of health experts all over the world. Any message for them?</strong><br />
We are at the cusp of a new age where we look to take advantage of <a href="https://innohealthmagazine.comexpert-opinion/ai-iot-healthcare-need-future/">Artificial Intelligence</a> to Internet of Things. For such a knowledge economy to take off, health sector is at the center of it and health experts need to pay attention on what they are buying and how such systems are managed and operated. Through intervention of Ministry of Health &amp; Family Welfare and responsible bodies such as National Accreditation Board of Hospitals &amp; Healthcare Providers (NABH) of Quality Council of India, we plan to recommend a cyber audit and increased awareness of information security.<br />
We would not want our hospitals and clinical establishments to be a prey for malicious actors. Rather we would want our experts to leverage technology to take the country to the next level in providing care to a wider population at a lower cost and of the highest quality.</p>
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<p>The post <a href="https://innohealthmagazine.com/2019/cybersecurity/national-cybersecurity-coordinator/">Exclusive Interview with India&#039;s National Cybersecurity Coordinator</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>Insurance Needs to Go Global</title>
		<link>https://innohealthmagazine.com/2018/well-being/global-insurance/</link>
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		<dc:creator><![CDATA[InnoHEALTH Magazine]]></dc:creator>
		<pubDate>Fri, 11 May 2018 08:54:58 +0000</pubDate>
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					<description><![CDATA[<p>Amid growing awareness for the insurance coverage due to the high cost involved in medical treatment at super specialty hospitals, InnoHEALTH magazine interviewed seasoned player of the insurance discipline Mr. Sethi, Vice President Insurance Foundation of India and sought answers for simple queries by people.</p>
<p>The post <a href="https://innohealthmagazine.com/2018/well-being/global-insurance/">Insurance Needs to Go Global</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify !important;">If the textile industry is permitted to get flammability tests done on garments in Hong Kong then why Insurance companies should not permit clinical and pathological tests (not available in India), which are to be conducted in a foreign country? asks S.K Sethi, an Insurance Expert.</p>
<p style="text-align: justify !important;">For a hawk of health insurance business, convolutedness of the insurance cover is not a hard nut to crack but for a gullible buyer, it is not a facile task to comprehend its intricacies. Amid growing awareness for the insurance coverage due to the high cost involved in medical treatment at super speciality hospitals, InnoHEALTH magazine interviewed seasoned player of the insurance discipline Mr Sethi, Vice President <strong>Insurance Foundation of India</strong> and sought answers for simple queries by people.</p>
<p style="text-align: justify !important;"><strong>Mr. Sethi</strong>, who is closely following recently announced National Health Protection scheme by the Union government for ten crore poor people and enthusiastically await roll out of the full scheme, said it would herald a new era in the health sector as the country has pan India facilities to implement the plan, but “ only little bit intelligent planning” is warranted.</p>
<p><em><strong>Also Read:</strong> <a href="https://innohealthmagazine.comwell-being/ten-crore-poor-people-get-health-insurance/">Ten Crore Poor People to Get Health Insurance</a></em></p>
<h3>EXCERPTS ABOUT INSURANCE</h3>
<p><strong><span style="color: #0071b2;">How is the Health Insurance Premium determines?</span></strong></p>
<p style="text-align: justify !important;">It depends on the age, sum assured, whether a person to be insured has any pre-existing disease or adverse health conditions. The rates are fixed (approved by <a href="https://www.irdai.gov.in"><strong>IRDA</strong></a>) and are available in the brochure published by the insurance company.</p>
<p><strong><span style="color: #0071b2;">My employer provides me with health insurance coverage. Is it advisable to take another policy on my own?</span></strong></p>
<p style="text-align: justify !important;">If the sum assured is good and the company is doing fine then you should think positive and do not go in for the additional sum. When you plan to leave the organization then you must verify from the new employer whether they have suitable sum assured available for you as part of compensation package. If no health insurance is available, then you must buy Health Insurance immediately so that 30 days cooling off period of the new policy (purchased by you) is matching with last 30 days with your employer. Try to have this health insurance from the same Insurance Company.</p>
<p><span style="color: #0071b2;"><strong>Will the agent be helpful in settling of claims in future?</strong></span></p>
<p style="text-align: justify !important;">Yes, your agent will be helpful. But he is getting 100% of his income from the insurance company and he may be getting .001 % of his income from you. If he has to make a choice, it is natural that he will favour Insurance Company. You are the best person to decide whether to buy directly from the company or through an agent. Theoretically, the agent is supposed to help you in claim settlement, but time will tell when the claim is to be lodged. Be positive and buy it through an agent but better buy through an Insurance Brokerage Firm as it offers a wider choice and is large enough to protect your interests.</p>
<p><span style="color: #0071b2;"><strong>How much should you invest in health insurance?</strong></span></p>
<p style="text-align: justify !important;">You have to invest according to your health the requirements and the resources you have. You can invest by deciding about your budget for health insurance. If your budget is not a constraint, you can invest by deciding about the sum assured and services required by you.</p>
<p><span style="color: #0071b2;"><strong>I might be laid off soon. Should I see my doctor before I lose my insurance?</strong></span></p>
<p style="text-align: justify !important;">No purpose will be served by seeing your doctor. You should consult an Insurance Brokerage Firm and buy a health insurance, the policy which should be issued at least 30 days before your last day in your present company. This protects your interest.</p>
<p><span style="color: #0071b2;"><strong>Will my health insurance coverage Clinical Trials?</strong></span><br />
We feel that if treatment is;<br />
1. Part of hospitalization in a reputed hospital like AIIMS, capable of conducting clinical trials under controlled conditions.<br />
2. Under the supervision of a reputed doctor<br />
3. Medical Council (Ministry of Health) approves clinical trials</p>
<p style="text-align: justify !important;">Then it will be payable. If it does not fulfill these conditions, then you may have difficulty in getting it paid as the issue is around treatment as well as the price of the medicine.</p>
<p><strong><span style="color: #0071b2;">I own a pet and my vet bills are sky-high. Is there such a thing as health insurance for animals</span></strong>?</p>
<p style="text-align: justify !important;">It depends on a pet. But definitely, it is not part of Health Insurance policy which is for human beings only. Cattle Insurance covers cow and buffalo.</p>
<p><strong><span style="color: #0071b2;">Should I pay my premiums through the a</span><span style="color: #0071b2;">gent</span><span style="color: #0071b2;">?</span></strong></p>
<p style="text-align: justify !important;">If he is ready to provide you with the service – yes. It is your duty that cheques should reach the insurance company well in time. Not picking up on the cheques by the agent is no excuse. If your cheque has not reached the insurance company on time, your policy may have a break and you may lose the benefits. You can also pay the premium online.</p>
<p><span style="color: #0071b2;"><strong>I already have a health insurance policy. Should I still buy a life insurance policy with the rid<span style="color: #0071b2;">ers</span>?</strong></span></p>
<p style="text-align: justify !important;">Health Insurance Policy covers your hospitalization needs. Life insurance covers your retirement needs. Adding of critical illness rider will take care of incidence of you getting a critical illness like cancer. Every product is different and fulfills different needs. Study it carefully and make a decision.</p>
<p style="text-align: justify !important;"><span style="color: #0071b2;"><strong>Are the new clinical and pathological tests, not available in India and done abroad covered under the</strong> <strong>mediclaim<span style="color: #0071b2;"> rule</span>s of the country? If no, are efforts being made to do?</strong></span></p>
<p style="text-align: justify !important;">Some insurance companies permit you to take the opinion. Your suggestion is very good, and we feel Insurance companies will start offering the same. If the Textile industry is permitted to get flammability tests done on garments in Hong Kong then why Insurance companies should not permit clinical and pathological tests (not available in India), which are to be conducted in the foreign country.</p>
<p>&nbsp;</p>
<p>The post <a href="https://innohealthmagazine.com/2018/well-being/global-insurance/">Insurance Needs to Go Global</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>SMART MIRROR AND KIONATIK</title>
		<link>https://innohealthmagazine.com/2017/blog/smart-mirror-and-kionatik/</link>
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		<pubDate>Thu, 10 Aug 2017 09:28:19 +0000</pubDate>
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		<category><![CDATA[Avantika Batish]]></category>
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					<description><![CDATA[<p>By Avantika Batish</p>
<p>The post <a href="https://innohealthmagazine.com/2017/blog/smart-mirror-and-kionatik/">SMART MIRROR AND KIONATIK</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p><span style="color: #0071b2;"><strong>Smart Mirror And Kionatik</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 style="text-align: justify !important;">The Ministry of Health and Prevention (MOHAP) has announced the launch of a new set of innovative health services featuring futuristic technology solutions – particularly artificial intelligence (AI) during its participation at Arab Health 2017.</p>
<p style="text-align: justify !important;">His Excellency Al Ketbi, has announced the launch of the Smart Mirror which is the first of its kind globally to allows patients to analyze their body’s temperature, pulse, weight, height, and their body mass index. It also features a weather forecast component that can be utilized by looking through the mirror.</p>
<p style="text-align: justify !important;">The Smart Mirror is an active tool for patients suffering from diabetes, cardiovascular diseases, as well as blood pressure problems, as it monitors their weight, height, blood pressure and body temperature. The Chatbot service is driven by basic artificial intelligence software and facilitates ‘smart’ online chats that help reduce healthcare cost as well as improve the flow of health services.</p>
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	<p style="text-align: justify !important;">The interactive AI facility can assist the Ministry by mimicking human conversations to answer questions which can also be integrated with other software platforms to allow other communication activities such as sending messages and holding telemedicine conferences via Skype with a physician.</p>
<p style="text-align: justify !important;">Another smart technology, ‘Kiomatik’, will welcome patients and guests and perform other reception duties via an innovative system, motion tracking, a high-definition camera, and three-dimensional display devices embedded in a robot.</p>
<p style="text-align: justify !important;">It will also provide necessary information about the health facilities, set appointments, and answer basic questions from patients.</p>
<p style="text-align: justify !important;">The Kiomatik Beacon technology also operates as a wireless device with face-recognition capability. The patient is immediately recognized upon arrival at the health facility and informed about his or her schedule which will appear at the reception platform without the assistance of any hospital employee.</p>
<p style="text-align: justify !important;">Kiomatik reduces the need for computers and other announcement systems as medical staff can use the apps installed on smart watches and smartphones to communicate with patients and inform them whenever they need to visit a health facility for examination.</p>
<p style="text-align: justify !important;">An advanced self-registration service ‘Kiosk’ can recognize patients’ faces using a 17-inch screen that registers them upon arrival at the hospital or medical center. This pioneering technology is still currently under research and development.</p>
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	<p>Read all the issues of InnoHEALTH magazine:<br />
InnoHEALTH Volume 2 Issue 3 (July to September 2017) – <a href="https://goo.gl/MCVjd6">https://goo.gl/MCVjd6</a><br />
InnoHEALTH Volume 2 Issue 2 (April to June 2017) – <a href="https://goo.gl/Nv3eev">https://goo.gl/Nv3eev</a><br />
InnoHEALTH Volume 1 Issue 2 (October to December 2016) – <a href="https://goo.gl/4GGMJz">https://goo.gl/4GGMJz</a><br />
InnoHEALTH Volume 1 Issue 1 (July to September 2016) – <a href="https://goo.gl/iWAwN2">https://goo.gl/iWAwN2</a></p>
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<p>The post <a href="https://innohealthmagazine.com/2017/blog/smart-mirror-and-kionatik/">SMART MIRROR AND KIONATIK</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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		<title>INNOVATING CARE: HEALTHCARE TO WELLCARE</title>
		<link>https://innohealthmagazine.com/2017/blog/innovating-care/</link>
					<comments>https://innohealthmagazine.com/2017/blog/innovating-care/#respond</comments>
		
		<dc:creator><![CDATA[InnoHEALTH Magazine]]></dc:creator>
		<pubDate>Wed, 12 Apr 2017 05:54:54 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[InnoHEALTH]]></category>
		<category><![CDATA[Magazine]]></category>
		<category><![CDATA[Awareness]]></category>
		<category><![CDATA[Healthcare Manpower]]></category>
		<category><![CDATA[Healthcare Profesionals]]></category>
		<category><![CDATA[Heathcare]]></category>
		<category><![CDATA[ICAP]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Innovating Care]]></category>
		<category><![CDATA[Innovating Care Asia Pacific]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Ministry of Health]]></category>
		<category><![CDATA[Patient Awareness]]></category>
		<category><![CDATA[Silver Tsunami]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[Steven Yeo]]></category>
		<category><![CDATA[Talentgrid Ventures Pte LTd]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wellcare]]></category>
		<guid isPermaLink="false">http://innovatiocuris.com/?p=1070</guid>

					<description><![CDATA[<p>Healthcare today is in a truly interesting state</p>
<p>The post <a href="https://innohealthmagazine.com/2017/blog/innovating-care/">INNOVATING CARE: HEALTHCARE TO WELLCARE</a> appeared first on <a href="https://innohealthmagazine.com">InnoHEALTH magazine</a>.</p>
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	<p><span style="color: #0071b2;"><strong>Innovating Care: Healthcare to Wellcare</strong></span><br />
<span style="color: #0071b2;">Steven Yeo</span>, Founder &amp; CEO, TalentGrid Ventures Pte. Ltd. has more than 25 years of international business and management experience working with government, multi-national corporations and non-profit organisations. He specialises in healthcare, advanced technology and life sciences practice group for both multinationals and local companies. Prior to starting up TalentGrid Ventures Pte Ltd, Steven was the EVP for DHR International a global-retained search firm covering Asia Pacific. He was also the Vice President and Executive Director for HIMSS (Healthcare Information and Management Systems Society – the largest Healthcare IT society in the world). Steven was also the Director of Intel Corporation managing its e-Business Group and Digital Health Group from 1999-2008 in the Asia Pacific region.</p>
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	<p><em><strong>Healthcare today is in a truly interesting state of transition from traditional to wellcare models, powered by technology and disruptive innovation. To address the prevailing healthcare challenges and also leverage on the opportunities, there needs to be a coordinated effort across multiple stakeholders in order to deliver innovation that can improve outcomes, expand access and increase affordability of healthcare in Asia Pacific and beyond.</strong></em></p>
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	<p style="text-align: justify !important;">We are at the turning point of a new generation of healthcare: The transition from healthcare to wellcare, facilitated by technology and innovation that can help improve individual patient outcomes and elevate the standard of care. The transition is, however, not always a smooth one. In Asia, which is considered to be the fastest-growing and most dynamic region in the world today, there still exists a huge disparity in access to high quality and cost-effective healthcare for millions of people. In fact, the need in some Asian countries is particularly acute, especially with the rapid growth of the ageing population.</p>
<p style="text-align: justify !important;">Lack of patient awareness, infrastructure, proper training for healthcare professionals, and in some cases, lack of healthcare manpower itself, are just some of the barriers to effective healthcare and recovery. On the other hand, there are also empowered and engaged healthcare consumers who may have a different set of needs to satisfy. In order to address these barriers while at the same time pushing down costs, healthcare experts collectively agree on one thing – innovation. Disruptive innovation, according to some, because current healthcare systems in place are ailing and they need help.</p>
<p style="text-align: justify !important;">By definition, disruptive innovation is one that creates a new market and value network by disrupting an existing market either through a brand new solution or a perhaps a creative spin on something that already exists in order to deliver better results. Healthcare today is in a truly disruptive state, opening up doors for opportunities for different healthcare stakeholders.</p>
<p style="text-align: justify !important;">Innovating Care Asia Pacific (ICAP) 2016 conference is an event platform that aims to build a community of highly influential, knowledgeable, and very well connected healthcare professionals, decision makers, thought leaders and influencers who are passionate about transforming healthcare, for the greater good of the patients and other healthcare consumers. There is a great need to address prevailing challenges and leverage on the opportunities – and these require a coordinated effort across multiple stakeholders in order to deliver innovation that can improve outcomes, expand access and increase affordability of healthcare in Asia Pacific.</p>
<p><span style="color: #0071b2;"><strong>The Silver Tsunami</strong></span></p>
<p style="text-align: justify !important;">Considering that most of the countries in Asia Pacific are rapidly ageing, with a vast majority of those above 60 yrs requiring treatments and assisted care, governments and concerned institutions are therefore hard-pressed to establish and implement measures that would help the seniors age-in-place and continue living fulfilled lives.</p>
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	<p style="text-align: justify !important;">Singapore is one of the fastest ageing countries in the world. According to the Long-Term Care in Singapore Challenges and Learning Points presentation by the Ministry of Health (Singapore), the estimated number of Singaporeans aged 65 and above who may require assistance with mobility and other activities of daily living is expected to nearly triple between 2010 and 2030. Which means that by 2030, one in five Singaporeans will be aged 65 and older and there will be nearly a million elderly, most of whom will be afflicted with at least one chronic disease, resulting in reduced autonomy and lower quality of life.</p>
<p style="text-align: justify !important;">To ensure good quality of life for the seniors even as they grow frail, the Singapore government is now looking into a more patient-centric view of long-term care focusing on accessibility, quality and affordability. Meanwhile, innovators from the private sector continuously churn out innovative solutions and re-engineering care models to help the elderly cope with ageing, whether in the confines of their own home or in nursing homes. These innovations may come in the form of health kiosks, ILTC subsidies, augmentation of manpower with the use of technology and more. In other developed countries like Japan, said to be the world’s most ageing society, more radical solutions have been devised to meet this challenge. In less developed countries in the region, you might be surprised to see unexpected forms of innovation that deliver tremendous results as what the Indian hospitals that became the subjects of Vijay Govindarajan and Ravi Ramamurti’s Harvard Business Review-published study called Delivering World-Class Healthcare, Affodably, have shown.</p>
<p style="text-align: justify !important;">Taking off from the discussion and knowledge exchange that had transpired during the ICAP 2016 Conference, Innovating Care Asia Pacific is launching a vertical spin-off forum focusing mainly on Elderly and Home Care where decision makers, practitioners, researchers, service providers, and community members can share their experiences to support and empower rapidly ageing populations worldwide through the integration of healthcare, social participation and community.</p>
<p style="text-align: justify !important;">As the healthcare sector slowly but steadily moves away from physician-centred to patient-centric health, patients are now encouraged and empowered to take charge of their health and treatment. And with the help of technology and innovation, patients are now also redefining the very borders of healthcare. As someone who has spent many years entrenched in the healthcare and healthcare IT sectors, I am happy to take part in this new revolution that will see more and more patients owning their health, as we slowly transit from traditional healthcare models to wellcare.</p>
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