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Will Connected Health Save the Healthcare Industry?

WILL CONNECTED HEALTH SAVE THE HEALTHCARE INDUSTRY? THE MEDICAL DEVICE ECOSYSTEM IS CHANGING DRAMATICALLY from stand-alone "device + patient + physician" in the clinical environment to include access and mobility outside the four walls of the hospital The U.S. spends more on healthcare than any other nation $9,000 per person in 2012 Healthcare Spending per capita vs. Average Life Expectancy Among OECD Countries * 85 Japan 80 S. Korea . UK USA 75 Mexico • Hungary Linear Trendline 1000 2000 3000 4000 5000 6000 7000 Total Expenditure on Health per capita in USD THE PRICE OF HEALTHCARE 2012 Total Hosptial & Physician Cost: Appendectomy 2012 Scanning and Imaging: Angiogram 2012 Physician Fees: Routine Office Visit $29,426 $176 $2,430 USA 25th Percentile I Average Price I USA 95th Percentile I USA 25th Percentile I Average Price I USA 95th Percentile USA 25th Percentile $13,851 $95 I Average Price I USA 95th Percentile $8,156 $68 $5,467 $378 $38 $914 $4463 $4782 $30 $30 $4,221 $264 $25 $235 $3,381 $218 $10 $11 $2,245 $173 $35 ES UK CL FR CH AU USA CA ES CH ZA FR CL USA AR ES ZA FR CA CL USA More than The top 3 therapy 3.4 Billion fields for connected Worldwide mHealth market to reach health solutions are $23 billion by 2017 people will have smartphones or tablets with access to mobile health apps by 2017 diabetes, obesity and hypertension There will be 170 Million clothing & accessories with embedded health monitoring devices by 2017 WHY CONNECTED HEALTH? Reduction of costs through interoperability of medical devices, improved caregiver coordination and adoption Enables caregivers to give more informed decisions for enhanced of electronic health record quality of care (EHR) data Reduces medical errors and improves administration efficiency Doctors and Patients take more medical staff are responsibility for their health able to diagnose and treat rural patients from distant medical facilities Government Agencies Organizations & Associations The Office for the Advancement of Telehealth American Telemedicine Association The Centers for Medicaid and Medicare Center for Connected Health Services (CMS) Center for Studying Health System Change The Office of the National Coordinator for Health Information Technology (ONC) ATA Center for American Telemedicine Association ConnectedHealth CINTE FOR MIDCAAMCA DronoN CHANGE ARE YOU GETTING CONNECTED? What new business models and services are you exploring due to the emerging mobile health landscape? How will your current device roadmaps change with the advent of consumer platforms (smartphones, tablets, home gateways) and cloud diagnostics? What changes can you see Jabil taking on to help you execute these new strategies? Jabil's expertise is in designing and miniaturizing devices, wirelessly connecting them to existing devices, developing and optimizing proprietary communicators, optimizing commercial manufacturing processes and enabling service of devices deployed in the field. JABIL www.JABIL.COM SOURCES: http://s3. pdf biz/news/read/gsma-m-health-market-to-be-worth-23-billion-by-2017/017030 APP Average Life Expectancy at Birth (Years)

Will Connected Health Save the Healthcare Industry?

shared by icculus056 on May 30
Will Connected Health Save the Healthcare Industry? The medical device ecosystem is changing dramatically to include access and mobility outside the hospital setting.




Steve Shawn


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