Page 12 - October 2018 Disruption Report Flip Book

DISRUPTION OF HEALTHCARE OJACNTUOABREYR 2018
The IoMT brings together people (patients, caregivers and clinicians), data (patient or performance data), processes (care delivery and patient support) and enablers (connected medical devices and mobile applications) to deliver improved patient outcomes efficiently.
...The health care and life sciences industries are moving away from traditional reactive and largely episodic models of care that are proving increasingly costly and inefficient
to operate, to care models that are proactive, digitally-enabled and deliver better care
and value for patients. Value-based care, real world evidence and population health management are pivotal to the future operation of health care providers and payers. Medtech companies and the IoMT can capitalize on the possibilities presented by these changes, to help to connect patients, providers and payers to enable them to become more patient centric, productive and cost effective.caused
... Medtech technologies serve as key enablers across all six of Deloitte’s evolutionary and revolutionary predictions for healthcare in 2022:
• The quantified self is alive and well: The genome generation is more informed and engaged in managing their own health.
• The culture in health care is transformed by digital technologies: Smart health care is delivering more cost-effective patient-centered care.
• The life sciences industry is industrialized: Advanced cognitive technologies have improved the productivity, speed and compliance of core processes.
• Data is the new health care currency: Artificial intelligence and real- world evidence are unlocking value in health data.
• The future of medicine is here and now: Exponential advances in life-extending and precision therapies are improving outcomes.
• New entrants are disrupting health care: The boundaries between stakeholders have become increasingly blurred.
...Big data, AI, mobile applications, 3D printing, robotics, advanced sensors, big data and the IoMT are leading to a fourth industrial revolution which will continue to create new opportunities for medtech companies. These technologies can improve patient outcomes,
© 2018 by Canfield Press, LLC. All rights reserved. www.canfieldpress.com
11