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9 Sectors of Healthcare IT Investment

Much of what we talk about here is new investments and new companies in healthcare IT. Much of the future of healthcare is built around these investments. SoCal HIMSS recently shared a great image that broke out the healthcare IT investment environment into 9 sectors:

Here are the 9 healthcare IT investment sectors mentioned:

  • ACO Tools
  • ACO-Oriented RCM
  • Employer Wellness
  • Benefits Management
  • Health Consumers
  • Patient Engagement
  • Big Data
  • PM & EMR
  • Remote Care

I always love seeing healthcare IT opportunities broken down into sectors like this. No doubt, we could all think of a company we could start in pretty much every sector. Although, certainly some are more saturated than others (see PM & EMR for example).

Are there any other sectors of healthcare IT investment that you don’t think are included in the sectors listed above?

July 29, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Twitter Has A Community for Every Chronic Disease

I know that sites like PatientsLikeMe have been a huge success and really brought together similar patients to share in their healthcare journey. It’s an incredibly powerful thing to have a supportive community there to help you. It’s even more powerful if it’s someone who understands specifically what you’re going through.

This was the thought I had today when I tried to show some sympathy to Tiffany (better known as @TiffanyAndLupus):

I don’t really know Tiffany. I’ve just seen her tweets occasionally since I follow her. When I saw the above tweet, I had to respond with my own experience. Hopefully the interaction will help distract her from the pain and trouble. She favorited it, so I’m going to assume it helped…even if just for a second.

While my tweet might not mean much to her, Tiffany is the founder of the #LupusChat and so she’s well connected to a community of people who understand Lupus much better than I do. It’s hard to underestimate the power of community in our lives. We all long for it. We want to belong. Belonging and being loved is a great thing no matter your state, but especially if you have a health problem.

The beauty of Twitter is that you can find just about anyone on there. There may be some edge cases that are hard to find, but even then you can find supportive people who are in similar positions and can’t find anyone with their unique disease. I think that’s powerful. It’s one reason I love Twitter.

While many topics on Twitter get heated and brutal, I haven’t seen the trolls come out nearly as bad in the chronic care communities. Most of them are very supportive of each other and the health challenges people face. For the most part you see compassion in action. It’s beautiful to watch.

As I was writing this post, Tiffany replied to my tweet and I replied back:

I’m not sure the impact of my tweets on Tiffany. She might not notice a difference either. However, she’s brightened my day and made me smile. As is usually the case, those who extend the hand of kindness often receive the most in return. How could you not appreciate health a little bit more when you read tweets like this:

July 22, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Microsoft HoloLens Used for Medical Education

Microsoft HoloLens together with Case Western Reserve University has put together a video which shows how HoloLens could be used to create 3D visualizations of the human anatomy. Check out the video below:

This is pretty cool stuff and you can see how this type of 3D visualization of the human anatomy will change how you educate doctors. There’s nothing quite like seeing the actual organ. That’s why doctors do so much work on cadavers. However, this HoloLens visualization gets pretty close with far fewer regulations.

I think this is just the start though. Why couldn’t this be used to educate patients as well? No doubt there will be some direct to consumer apps. However, it would be pretty neat for a doctor to have you put one of these on and then they walk you through what’s going to happen in the operation. I imagine in some operations this could be really helpful for a patient. In some cases it might scare the patient. That will take some learning.

July 15, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Future Google Medical Tracking Watch

I don’t know how I missed the news that Google is making a medical watch focused on tracking your health. Here’s an excerpt from The Verge article:

The wristband is being developed by Google X, the secretive lab behind projects like Glass, Loon, and the company’s self-driving cars. It won’t be available to general consumers. Instead, Google intends for the device to be used in clinical trials and prescribed to medical patients.

Talk about a fundamentally different way to approach a smart watch. The last line begs the question of whether the Google Watch is going to be FDA cleared. It seems like it would need to be if it’s being “prescribed” to patients.

I find this approach absolutely intriguing and a welcome site in healthcare. I’ve often said that a company whose built in the capability of getting a device or app FDA cleared is going to have a big advantage over the thousands of mHealth companies which are just skirting by without an FDA clearance. It seems that Google is building this capability which will put it in a prime place to really disrupt healthcare.

Obviously, it’s very early in the process of them creating an FDA cleared (assuming they go that direction) Google smart watch, but the idea is intriguing. I think it’s going to take an FDA cleared smart watch to really get the attention of doctors.

July 8, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

An Example of Future Implantables to Monitor Your Health

It’s only a centimetre long, it’s placed under your skin, it’s powered by a patch on the surface of your skin and it communicates with your mobile phone. The new biosensor chip developed at EPFL is capable of simultaneously monitoring the concentration of a number of molecules, such as glucose and cholesterol, and certain drugs.

If you’ve ever wondered what’s been happening with implantables, the chip described above is a good example. You can learn more about it here.

I find it pretty genius that they’ve put the battery on a patch that’s on the surface of your skin. The battery is the biggest problem with leaving implantables in very long. I’m also interested in how much impact having a foreign object under your skin will have on your body, but I think we basically know about those challenges thanks to pacemakers and other devices that we’ve been putting in bodies for years.

I also love that this implantable can monitor pH, temperature, lactate, cholesterol, and drugs. The last one is extremely interesting for me since it opens up all sorts of new research opportunities along with monitoring opportunities. You could use the drug monitoring to improve how much drug is needed, but you could also identify when there’s been an error in the dosing for some reason.

No doubt I’m a novice in this area, but I find these trends fascinating. The clinical trials on this device are going to take 3-5 years, but I’m glad we’re getting started.

July 1, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Tracking Health Goals Video

Today I came across this really great video of Dr. Molly Maloof talking about her experience tracking her health. It’s interesting to have a doctor tracking herself. She takes a different approach than the general self tracking user might do. It also gives some insights into some of the challenges associated with the quality of health sensors. Check out the video to learn more:

June 25, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

How Can Wearable Gadgets Like the Smartwatch Help Heart Patients?

The following is a guest blog post by Kelly Everson.
Kelly Everson
Wearable tech and its purpose

Wearable tech is no more a thing of future times; it’s here, and it can help many people regarding health issues. Go to any store or just go online, and you will realize that fitness bands and smartwatches are all around you. But you are no expert; how will you decide what to buy? How will you know the choice you made will help you with the issue you are confronted?

Well, that all depends on what you need and at what price. Not every single device is the same, even though they look very similar. Wearable technology can be fun in some cases and useful in others. The wearable category is still being developed and each day we can witness a new band or something of the sort.

Up till now, smartwatches have had quite a good impact on personal safety and in the wellness area. The impact related to health has not been very big, but a lot is happening and will continue to happen.

Various giant companies such as Google, Apple, Baidu, and Samsung are working on health platforms. They can aggregate info from different sources and wearables, and promise to gather highly valuable insights based on sets of data.

How to choose a smart band or a smartwatch?

Think about the design, and does it appeal to you. You will also have to find out does the device support a Bluetooth, and what operating system it supports. If you plan to swim while wearing it, it should be waterproof, or at least swim-friendly. It is also very important that the device has a solid battery life and. Search and discover what apps does it run, and are those apps the ones you need. Some devices have screens that are always on, while other don’t. That feature consumes a lot of power and drains the battery, so keep that in mind. You should check if the device supports heart rate monitor and at what level.

Smartwatches and patients with heart problems

Smartwatches are supposed to play a very important role in medicine, especially for patients with heart problems, here is why:

  • Continuous monitoring of heart rate and other bodily functions

That will help patients in many ways. Monitoring of heart rate and movement has become state of the art in some of the latest releases of smartwatches, but some other parameters have improved as well. Now people can monitor their blood sugar, blood pressure, nutrition, temperature and more.  In the upcoming releases of smartwatches, some other parameters will be introduced. Patients with heart problems will benefit the most, as they are the most endangered group.

  • Therapy

Heart patients as said before are the most endangered group and need the most care. Based on diagnostics and monitoring we can conclude that certain wearables will be used solely for therapy. Some smartwatches will have a function of delivering drugs at the right context and time. There are many such programs under way and have received a few million dollars of funding to make it a reality.

  • Specific group of patients and corresponding tools

Just think about a specific smartwatch apps for patients with heart problems, or those who suffer from diabetes, blindness, deafness, epilepsy, lung issues and so on and so on. Hundreds of applications are in development as we speak around the world, and have a great potential for the mentioned group of patients.

  • Patient records in an electronic form

Smartwatches seem to be a fantastic key for electronic patient records. They are great for recording health data and are on you all the time, even in a case of an emergency. Users will have total control over who gets access to what information and in which particular situation.

What’s next?

Even though the benefits are obvious and splendid, years will pass until smartwatches can reveal their full potential within the medical area. A lot of scientific data will be needed to conquer regulatory hurdles and to get compensated by the systems of health care. Also, people will have to be confident that their details are secure.

Even though, it will take time, by 2020 smartwatches are going to be indispensable and extremely valuable tool throughout a vast number of health care settings.

About Kelly Everson
Kelly Everson is MA in English Literature and an American Author. Her work comprises of articles appearing or forthcoming in over a dozen health care websites and global internet magazine covering technology, future gadgets, beauty skin care and overall men’s & women’s health. When she’s not educating strangers with her writing, she’s most likely researching about new discoveries in technology, health, fitness and beauty industry. Connect with her on Facebook and Twitter.

June 17, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

iPhone as Primary Care Doctor and The Chief Mobile Healthcare Officer

This is too good not to share on this site even though I wrote a post about it on EMR and EHR:

Also, I was intrigued by Anne Zieger’s post on the Arrival of the Chief Mobile Healthcare Officer. I don’t agree with her completely that we’ll have a chief mobile healthcare officer. We have enough chiefs in healthcare as it is. I don’t think we need another chief. I do think that every hospital is going to have to have a serious mobile health strategy. However, I think that the CIO and CMO should be capable of addressing mobile. Thoughts?

June 10, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Drones in Healthcare

I think the world has become fascinated by drones. I know I have. I got one for Christmas and it’s really fun to play with. The one I got is really hard to fly, but in many ways that makes it more fun.

What a lot of people don’t realize is how many ways drones are going to be part of our future life. No, I’m not talking about the military drones. In fact, using the term drones is so tied to the military that it’s almost not right to use the term. However, many people have become more familiar with drones thanks to Go pro cameras that are attached and bring us some really amazing footage even from amateurs.

Another thing that has helped people to understand the impact of drones is when Amazon talked about using drones to deliver products. That’s a powerful idea. It’s still a few years away at least, but it’s exciting that some of the smartest people in the world are working on it.

What I love about the Amazon example is that there are many things in life where you need to get a physical object somewhere quickly. As good as UPS and FedEx have become, drones could take this to the next level of speed and efficiency.

In healthcare, I think about emergency incidents. Could drones play a role in getting healthcare supplies to a disaster area that is inaccessible for ambulances and other emergency personnel? If you’ve ever seen the ambulances in Italy trying to navigate traffic, you can see how a drone would be much more effective. If it had a mounted camera with video streaming, those in the hospital could literally see what’s happening and provide remote support to the bystanders at the scene. Is that a new form of 911 experience?

We already know that drones are being used in third world countries to distribute medical supplies as well. It’s a powerful thing. I can’t remember where I saw it, but I once saw a map that mapped out how many drones it would take to cover an entire country. It was amazing to see this map of overlapping circles. Plus, the drone technology is going to get better and better.

There are certainly a lot of challenges and questions about pricing and privacy when it comes to drones and healthcare, but I’m excited about the possibilities. I’m sure there are plenty of more opportunities as well that we just haven’t had time to think of yet.

June 3, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

EHR Apple Watch Integration

We’ve been writing about the coming of the Apple Watch for a long time here at Smart Phone healthcare. Remember when we use to call it the iWatch? I must admit that I hadn’t seen many really interesting healthcare applications on the iWatch. They all felt like retreads of things that were basically accomplished on people’s smart phone and weren’t that much better on the watch.

Today, I might have read about the first healthcare IT application on the Apple Watch that could provide value to healthcare. The announcement came from Kareo and here’s a list of key functionality that they’ve included in the Apple Watch from the Kareo EHR:

  • Secure messaging that allows the user to send, reply, and read messages via dictation. Messages can be sent to staff or patients using Kareo’s secure messaging system, improving overall patient engagement and practice communication.
  • An agenda that allows the provider to quickly reference their schedule and see the status of appointments checked-in, no show, late, checked out, etc., helping reduce wait times and improve practice efficiency.
  • Appointment reminders that can be sent five minutes before the next scheduled appointment. The notification subtly vibrates the watch, indicating that the doctor has an impending appointment.
  • Appointment information that is accessible within a notification or through the agenda, allowing the provider to review details such as the patient’s name, time of appointment, visit type, and reason for the visit.
  • “I’m Running Late” pre-set messages that allow the doctor inform other staff members when they are running behind and how much longer they expect to be. This improves practice communication and enables the front desk to give patients a more accurate wait time estimate.
  • Apple “Glances” that provide a quick overview of key practice metrics, including how many patients are scheduled throughout the day, how many patients are waiting to be seen, and which patients are currently waiting in an exam room.

EHR Apple Watch - Kareo

I’d like to see this in action and look forward to doing so the next time I see Kareo (possibly not until MGMA), but the features have some promise. I could see them being used pretty regularly. Especially the status updates on how many patients are checked in and how many are waiting. That’s really great information that is changing constantly throughout the day. The schedule for the day is great as well.

Kareo had previously announced some features for Google Glass. I liked that they were pushing the envelope, but it didn’t feel like something that doctors would grab onto. I think this Apple Watch implementation has a lot more legs to it. I’ll be interested to hear from Kareo doctors how it works in actual practice.

Full Disclosure: Kareo is a sponsor of one of the Healthcare Scene blogs.

May 20, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.