Tuesday, February 25, 2014

Healthcare trends: next couple of years

I believe most of this is already happening and will accelerate further given how rapidly the healthcare ecosystem is changing. These are just few of the entrepreneurial opportunities within healthcare.
  1. More connected devices in the hospital and home will provide the data for patient analytics – access to data will be streamlined. 
  2. Accountable Care Organizations (ACOs) results will prove the value in coordinating care of patients.
  3. Policy discussions will shift towards ideal regulatory oversight of mobile medical apps and stand-alone software. 
  4. Medical device manufacturers and providers will embrace monitoring devices (including wearables and sensors) to care for the patient. 
  5. Telehealth or telemedicine will gain more traction in 2014. 
  6. Mobile apps with simple UI/UX to manage patient health data will proliferate and doctors will prescribe these apps to get patients engaged. 
  7. Healthcare exchanges problems will get resolved bringing more patients into the healthcare system. Also interoperability standards and emerging frameworks will increase connectivity between networks.
  8. Digital health technologies – more wearable and sensor based devices for wellness, EHR adoption and tech-enabled tools for management of elderly + chronic care.
  9. The field of big knowledge will emerge where decision making and insights will have more importance than data analytics. 
  10. Alternative sources of funding startups will increase – govt. grants, crowdfunding, incubators, non-traditional partnerships.

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