Wednesday, December 11, 2013

The Business of Healthcare


I am attending the mHealth Summit 2013 being held at the Gaylord Hotel and Convention Center at the National Harbor, Oxon Hill, Maryland as I write this article.  With a great number of sessions on the agenda, over 400 exhibitors and over 6,000 participants from over 100 countries, it was necessary to establish some priorities re which ones to see, meet, and/or attend.  The fact that the weather was not cooperating also messed up my schedule a little bit.

The development of greater markets for Health care products and technologies brought together several companies looking for investments and venture capitalists/investors.  A separate session called Venture + Forum was held for certain companies to make presentations.

The companies presenting with a brief description of each include the following:

1EQ

1EQ leverages both genetics and lifestyle information, provided through wireless devices and mobile apps, to produce a more comprehensive health picture and actionable steps for its users to live a better and healthier life.

Adhere Tech

AdhereTech has created patented smart pill bottles that increase medication adherence. These bottles measure the exact number of pills or liquid, wirelessly send the HIPAA-compliant data into the cloud, and send patients reminders via call or text.

eCaring

eCaring is an easy-to-use, web-based care monitoring and management system that generates actionable real time health care data from a patient’s home. eCaring helps hospitals, healthcare providers, payers & families keep people in their homes and out of the hospital by communicating vital in-home-care information as it occurs, to: intervene early to prevent significant deterioration; substantially lower care costs while improving quality of care; and reduce hospital and ER admissions.

FlexLIFE Health

FlexLIFE Health is a mobile telehealth 2-way communication solution connecting patients remotely to manage cardiovascular conditions.

FOLUP

FOLUP is a smart health-tracking platform that connects patients to their practitioners.

GoGoHealth

GoGoHealth provides a mobile app and website for providers to setup virtual clinics.  GoGoHealth lets patients report and find relief from common ailments and discomforts from their healthcare providers without visiting the doctor’s office. Healthcare providers are better able to manage the costs associated with such unnecessary visits.

HealthEworks

HealthEworks gives healthcare providers the ability to stream patient educations (video prescriptions) to caregivers at any point-of-care.

KaiZen
Healthcare Solutions

KaiZen Healthcare Solutions produces a customizable electronic medical record and billing system for dietitians in private practice.

M3 Information

The online M3 Screen is a private, self-rated checklist for potential mood and anxiety symptoms.

MediSafe Project

MediSafe is a cloud-based medication relations management system designed to create better patient engagement and raise medication adherence.

Tiatros

Tiatros’ social network-styled mobile solution is used to coordinate efficient clinical services telemedicine services and clinical research.

I plan to follow-up on these companies and their technologies with the intention of writing in greater detail.  I am also looking at products launched or displayed at the conference that fall under or that could qualify as, “Little Miracles, Magic, and/or Mind-Boggling Technologies at the Nation’s Capital.”






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