Digital Health Companies Bring Paradigm Change Across the Health...
healthcaretechoutlook

Digital Health Companies Bring Paradigm Change Across the Health Care Ecosystem

Healthcare Tech Outlook | Thursday, May 12, 2022

Applying technologies to drive improvements in medical products' design, development, and delivery of health care services is powering collaboration and innovation.

FREMONT, CA: From institutional care to digitally-enabled care in the community and from doctor-centered care to patient-centered care, digital health companies are speeding up healthcare transformation by implementing important changes. All indications point to the health ecosystem of the future continuing to integrate with the idea of 4P medicine (predictive, preventative, personalized, and participatory).

The smart use of data is central to predictive health technologies: many tools collect, analyze, synthesize, and act on data—often proactively. We can see artificial intelligence (AI) in action with these tools, leveraging the power of health care data sets. For example, Knowtions Research's AI platform assists insurers in unlocking and applying predictive insights from health data to automate claim management and improve the patient experience. Deep Genomics is another example of a company that uses AI to accelerate all drug discovery and development stages.

Companies can take more preventative action at home and in the community as we learn and begin to predict risks for people. Gamified health applications provide timely, personalized interventions to patients suffering from serious or chronic diseases. The trend toward simplified and often gamified access to knowledge and information will certainly result in increased awareness and less strain on the healthcare system.

Companies must understand the consumer's needs as individuals and help them act on and manage their health in a personalized way, thanks to instant, real-time health monitoring.

In this modern, connected health ecosystem, one can invoke the most untapped potential: individuals can participate in managing their health. Examples include Maple's virtual care and Dialogue's platforms, which would enable citizens to access on-demand primary care, mental health therapy, and other services.

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