Webinar: IoT in Healthcare - An Overview
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The healthcare ecosystem is witnessing a huge transformation lately; propelled by improved care and patient outcomes as the critical drivers. Briefly put, organizations (providers, hospitals and all) are leveraging the potential of Internet of Things, to empower their people, patients to take control of their own health. In a subtle way, redefining the way people, sensors, apps, devices and wearables can interact with each other in a secure environment, and take the healthcare experience to the next level. A recent survey by Forrester Consulting suggests 90% of the Healthcare IT departments are ready to adapt IoT based solutions. And, 52% of the surveyed respondents are already incorporating IoT technology. With IoT as a powerful enabler, innovative apps and wearables are taking strong roots in the healthcare ecosystem; health bands, fitness devices, calorie meters, heart rate monitors, to name a few. Such healthcare devices are used by physicians to record patient’s biometric information as they deliver exceptional patient monitoring and management results on-the-go.
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Webinar: IoT in Healthcare - An Overview
- 1. IoT in Healthcare: An overview
- 2. Housekeeping • Webinar recordings and slides will be shared with all attendees • Type in your questions and comments using the questions pane on the right hand side • Use #IoTHealthcare to promote the webinar or ask questions on Twitter • “Special Offer” exclusively for the webinar attendees
- 3. Presenters Pankaj Ojha General Manager – Projects Harbinger Systems © Harbinger Systems | www.harbinger-systems.com Pulkit Kapoor Business Analyst Harbinger Systems
- 4. Agenda • The current Healthcare Ecosystem • Application of IoT in Healthcare • IoT is transforming Healthcare – In Prevention and Wellness domain – IoT led Healthcare Innovations • Electronic Bottles and Pouches • Smart Watches/Pebble Watches • Challenges or problems faced by Healthcare Industry in adopting IoT • The road ahead • Special offer for webinar attendees • Q&A © Harbinger Systems | www.harbinger-systems.com
- 5. Healthcare Ecosystem © Harbinger Systems | www.harbinger-systems.com Patient Provider Payer
- 6. Healthcare – Market potential • Healthcare spending is accelerating again © Harbinger Systems | www.harbinger-systems.com Healthcare spending reaching around $10,000 per person/year 2.3 3 3.2 5.4 0 2 4 6 2007 2014 2015 2024 Spending on Healthcare in The United States ($ Trillion)Healthcare spending grew (4.9%) twice the economy (2.3%)
- 7. Why Healthcare IOT ? Patient engagement model – Patient – Provider Engagement Model – Consumer – Payer Engagement Model © Harbinger Systems | www.harbinger-systems.com Fitness band Smart watches Mobile Bio medical sensors Fitness and wellness apps Patient data from devices Accurate and Real- time care Reward healthy consumers – lower premium, bonus points Patient data from devices
- 8. Application of IoT in Healthcare © Harbinger Systems | www.harbinger-systems.com
- 9. Introduction In Internet of Things (IoT), devices can gather and share information directly with each other and the cloud, making it possible to collect, record and analyze new data streams faster and more accurately. Hence resulted in improved care quality and access in healthcare industry : © Harbinger Systems | www.harbinger-systems.com Improved patient engagement Closing patient-provider communication Gaps Identify patient needs and provide tailored services Improved decision-making Reduction in healthcare cost
- 10. Healthcare IoT – System © Harbinger Systems | www.harbinger-systems.com Patient’s Health Data Data Analytics System Actionable Insights
- 11. Clinical Care © Harbinger Systems | www.harbinger-systems.com Constantly monitoring physiological status Information analysis + storage in cloud Analyzed data sent to caregivers for prognosis
- 12. Remote Patient Monitoring © Harbinger Systems | www.harbinger-systems.com
- 13. IoT is Transforming Healthcare © Harbinger Systems | www.harbinger-systems.com
- 14. Traditional Vs New Model - Wellness © Harbinger Systems | www.harbinger-systems.com Problem Diagnosis Treatment wellness Prevention Diagnosis Treatment
- 15. Preventive Care – Example • Wellness and Preventive Care © Harbinger Systems | www.harbinger-systems.com RunningWalking Happy Person Swimming
- 16. Chronic Disease Management © Harbinger Systems | www.harbinger-systems.com
- 17. IoT led Healthcare Innovations © Harbinger Systems | www.harbinger-systems.com
- 18. Electronic Bottles and Pouches © Harbinger Systems | www.harbinger-systems.com Smart pill bottles Dosage taken on time Dosage missed
- 19. Smart Watches/Pebble Watches © Harbinger Systems | www.harbinger-systems.com Urgent messages to doctor Doctor can even send prescription updates, personalized messages to an individual/group
- 20. Challenges faced by Healthcare industry in adopting IoT © Harbinger Systems | www.harbinger-systems.com
- 21. Challenges © Harbinger Systems | www.harbinger-systems.com Security and Privacy Technology Adoption Healthcare Reforms & Mandates
- 22. The Road Ahead © Harbinger Systems | www.harbinger-systems.com
- 23. The Road Ahead © Harbinger Systems | www.harbinger-systems.com IoT will add $1.9 trillion to the global economy by 2020 Healthcare IoT- $117 Billion Segment 31 billion devices and 4 billion people will be connected by 2020 New types of: Sensor Technology, Data Analytics, Healthcare Structures Google X Project- Nano Pill
- 24. Special Offer for Webinar Attendees © Harbinger Systems | www.harbinger-systems.com Validate Your IoT In Healthcare Idea Avail 2 Hours Free Consultation Today! Write to us at hsinfo@harbingergroup.com to avail this exciting opportunity.
- 25. Q&A © Harbinger Systems | www.harbinger-systems.com
- 26. Special Offer for Webinar Attendees © Harbinger Systems | www.harbinger-systems.com Validate Your IoT In Healthcare Idea Avail 2 Hours Free Consultation Today! Write to us at hsinfo@harbingergroup.com to avail this exciting opportunity.
- 27. Thank You! Visit us at: www.harbinger-systems.com Write to us at: hsinfo@harbingergroup.com Blog: blog.harbinger-systems.com Twitter: twitter.com/HarbingerSys (@HarbingerSys) Slideshare: slideshare.net/hsplmkting Facebook: facebook.com/harbingersys LinkedIn: linkedin.com/company/382306 © Harbinger Systems | www.harbinger-systems.com
Editor's Notes
- Improved Patient Engagement Closing Communication Gaps Identifying Patients' needs and tailoring services to meet them Improved Decision-Making by Consumers and Providers A Reduction in Healthcare Cost
- Hospitalized patients whose physiological status requires close attention can be constantly monitored using IoT-driven monitoring This type of solution employs sensors to collect comprehensive physiological information and uses gateways and the cloud to analyze and store the information and then send the analyzed data wirelessly to caregivers for further analysis and review It simultaneously improves the quality of care through constant attention and lowers the cost of care by eliminating the need for a caregiver to actively engage in data collection and analysis
- In recent times, we have seen that people who are athletic want to record, track, and monitor data related to their fitness activities such as running, walking and swimming The advent of IoT, necessarily as wearable technology, has made health supervision convenient for them A person in the habit of running may wear on the wrist, on the arm or just carry in the pocket, a device that is capable of measuring the distance run, the time spent running, the calories burnt by running, or even analyze imbalance in strides or running posture Such continuous availability of data allows the user to analyze and correlate many parameters for e.g. determining that he is not depressed on days when he runs for more than 20 minutes
- Recent research from CDC (Centers for Disease Control and Prevention) shows that almost half of all American adults have chronic condition Today chronic care has many shortcomings. It requires the ability to continuously monitor patient health IoT bridges this gap by using devices that monitor a patient’s physiological conditions (such as BP for hypertensive patients, blood glucose levels and weight for diabetics patients etc) The periodic data stored by these devices could be used to perform different analytics and thus resulting in better chronic care
- Smart wireless pill bottles are currently being used by patients in pharmaceutical and research engagements These bottles collect and send all adherence data in real-time which is used for analysis If doses are missed, patients can receive customizable alerts and interventions - using automated phone calls, text messages, and more
- Patient can record a voice message on watch with a click of button in case of urgent need and the message is routed through telephony network to respective doctor Also, patients are actively monitored as and when required for there sleep pattern / fall detection automatically using onboard sensors in pebble watch. This helps doctor understand the patients problem and even do data analysis based on the records of similar patients Doctor can even send personalized messages to group of patients; based on the disease / suffering) on a day to day basis that gets delivered as important notification or precaution or activity on a watch for patients to take care of
- According to market researchers like Gartner and McKinsey, the IoT will “add $1.9 trillion to the global economy by 2020,” or it will have a “potential impact of $2.7 to $6.2 trillion by 2025”. According to Intel, 31 billion devices and 4 billion people will be connected to the Internet by 2020. This implies to almost eight devices per person will be connected to the Internet in 2020. New types of sensor technology, rapidly growing data analytics, and the new healthcare structures are formed due to the growing importance of IoT. Google X Project is the use of nanotechnology for detecting cancer. This project aimed at developing the nano particles Pill, which when ingested will run through the bloodstream, detects any abnormalities that suggest the presence of cancer.