Archive for the ‘healthcare technology’ Category

Health care technology, the stimulus and opportunity

Sunday, March 15th, 2009

Padmasree Warrior (@padmasree), Cisco’s CTO and until recently, one of the top candidates for America’s CTO position was recently interviewed on Technology Review. I recently watched her interview on Web 2.0 expo and could certainly tell that this is someone who is a real visionary, certainly someone to pay attention to. Some clips from her interview from MIT’s interview below.

TR: But how does more broadband installation boost the economy, beyond creating one-off construction jobs?

PW: There are many areas we can look at, such as modernizing health care with health-presence solutions–like a doctor from a remote area interacting with a patient who might not otherwise have access–and making the energy grid more efficient with smart-grid technologies. Collaboration, virtual networking, and visual communications will be the e-businesses of the next decade, and this will drive productivity. To do all of that, we need to have broadband connectivity nationwide.

Given my interest in using technology to help people (health care an obvious application), I thought this point was interesting. On a related note, there’s a new stimulus bill that mandates MDs to now electronic-ize all patient data, and most doctors don’t know how to navigate these techie waters.

To a techie, it’s quite amazing to see how health care is so .. for lack of a better word, backwards. Systems that don’t talk to each other creating separate data silos (in Web 2.0, data overlayed with other data creates even more richer data), programs written in MS-DOS (seriously?), and they still use the fax to transmit data (have you heard of this thing called the Internet?)

One of the ways entrepreneurs look for opportunities is to ask themselves, “What industry has not seen any innovation breakthroughs in a long time?” Paypal came about because the financial industry have remained stagnant for a long time prior to that. Health care is another area. And now with the stimulus/mandate in America .. it’s only a matter of time before we start seeing some creative software startups tackling this problem.

Tom Siebel (of Siebel Systems) has identified health care as one of the worlds largest looming problems, and will present an opportunity for not just good but GREAT companies to capitalize on.

iPhone apps for healthcare technology — plus some robots

Sunday, May 11th, 2008

Cell phones, mobile phones, hand phones, whatever they are called, wherever they are in the world–can change the world! We already see it help drive economic development in microfinance, and now, we’re making strides with healthcare technology, another field I’m interested in because I love seeing technology change lives. The convergence of sophisticated UX-centric mobile devices, Internet/Web 2.0, Software as a Service, cloud computing — not to be missed!

From the article:

Despite all the advances in medical diagnostics, two-thirds of the world’s population has no access to imaging technologies. Worse, about half of the imaging equipment sent to developing countries goes unused because local technicians aren’t trained to operate it or lack spare parts, according to the World Health Organization. But thanks to the proliferation of cellular and other wireless networks, researchers are stepping up efforts to deliver crucial medical services from afar. “You go through India, anywhere, in the middle of the road, there’s someone with a cell phone. A friend calls me from the jungles of Costa Rica,” says Rubinsky. “I can see so many applications in which the cell phone becomes an integral part of a medical device. A cell phone can cut the cost of almost every [diagnostic] device.”

We have the $10Mil fbFund for Facebook apps, $100Mil iFund for iPhone apps, $10Mil for Google Android apps, and the to be announced $150Mil Blackberry apps fund — will we see a fund to drive healthcare technology apps?

With the iPhone spurring more handset makers to introduce similarly robust devices, the U.S. market for medical cell-phone software is expanding rapidly. Sales of phone applications for medical professionals are expected to rise from $111.8 million last year to $276 million in 2011, according to consultancy Ambient Insight.

On the “heavier” tech side, we’re definitely making huge strides in having robots that can now operate on people.

Consider this: Suppose there are only 10 surgeons in the world that specialize in this really complicated brain disease, affected by not that many people, but the number of victims dying from it is significant enough (say, 5,000 deaths a year worldwide). There’s only so many surgeons to go around, and with that many victims around the world, even if these surgeons worked themselves to death to save the world, they can’t possibly help everybody with just two hands and only 24 hours in a day. Seriously, it takes almost a day to just travel halfway across the world, and that’s just a one-way.

The solution: remote surgery. In terms of supply and demand, the supply is scarce (the Ph.Ds in this very narrow field) and the demand far exceeds the supply, and the number of victims is probably going to grow at a rate faster than the rate Ph.Ds in this field can be minted. Technology here serves to increase supply, that is, not by letting universities churn out more doctors (although that would work too), but rather by increasing the “utilization rate” of the existing doctors by allowing them to perform their work anywhere at anytime, by saving on travel time and expense. Even if we had an infinite amount of money to spend on the fastest jets, nobody can buy more than 24 hours in a day. 10 hours on a jet spent traveling is 10 hours that could be spent operating on a patient.

“If you are looking at the future, it’s hard to envision a hospital not offering robotics,” said Robert Glenning, chief financial officer at the Hackensack University Medical Center in New Jersey

Technology, changing lives and making the world a better place–I love it!