Integrating IoT for Connected Care
Abstract:
In the Internet of Things (IoT), devices 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. But nowhere does the IoT offer greater promise than in healthcare, where its principles are already being applied to improve access to care, increase the quality of care and most importantly reduce the cost of care. As the technology for collecting, analyzing and trans- mitting data in the IoT continues to mature, the market will see more new IoT driven healthcare applications and systems emerge. According to MarketResearch.com, the healthcare IoT market segment is poised to hit $117 billion by 2020, and a recent survey by Forrester Consulting suggests 90% of Healthcare IT departments are ready to adapt IoT based solutions with 52% of the surveyed respondents already incorporating IoT technology. IoT plays a significant role in a broad range of healthcare applications, ranging from managing chronic diseases to prevention. For instance, within clinical care, hospi- talized patients whose status requires close attention can be constantly monitored using IoT. This type of solution em- ploys sensors to collect comprehensive biometric information and uses gateways and the cloud to analyze and store the information. This data is then sent and analyzed wirelessly to caregivers for further analysis and review. It replaces the process of having a health professional come by at regular intervals to check the patient’s vital signs, instead providing a continuous automated flow of information. IoT 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. Furthermore, with the remote monitoring of pa- tients that don’t have ready access to effective health monitoring, wireless solutions can securely capture patient health data from a variety of sensors and share the data with medical professionals who can make appropriate health recom- mendations. IoT remote monitoring can also aid in early detection and intervention, such as fall monitoring in the home or the detection of a deterioration of a patient’s health for intervention. The panel is focused on connected care areas where IoT and intelligent sensors can play a significant role, such as in- dependent living and remote diagnosis and monitoring. The panelists will discuss how care experiences can benefit from new sensor functions as well as IoT connectivity’s impact on the health and safety industry. They will discuss the latest trends, and risks, in connected digital devices and wearables that are reshaping how patients engage and take a proactive role in managing their health. The panel will focus on the crossover opportunities with smart home devices, which have reached adoption in nearly 20% of U.S. broadband households. Speakers will explore areas of synergy with the health and safety industries and debate the potential of new smart home players as partners to healthcare providers and health insurers. Panel Overview: What has been the general adoption of IoT in healthcare, has it met expectations, demonstrated proven effective- ness or ROI? Describe the business model you believe vendors should use to get the greatest traction in healthcare IoT. Discuss any concerns of the clinical quality of data from wearable devices or other clinical reluctance for use of IoT technologies? Discuss how new data from sensors is being incorporated with all other streams of information being captured. Is healthcare IoT becoming information overload and is IoT being addressed in interoperability strategies? Is the regulatory environment (FDA) evolving at the same speed of healthcare IoT, and are HIPAA and security be- ing adequately addressed? Are there specific areas within healthcare where IoT can have the greatest impact, particularly around short-term care planning, chronic-disease management and homecare, population-based care? Discuss the experience to date. Discussion Topics: Please introduce yourself, your firm, and take a minute to express an opening view on today’s discussion topic.
Will healthcare IoT impact other industries like Precision Medicine or Imaging and if so, how?
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