The Future of Healthcare
Panel on Technology’s impact on Healthcare, Wolves Hardware & R&D
During the Wolves Summit in Warsaw, I gave a keynote and moderated a panel on the future of Healthcare, with the participation of Stanisław Radomiński from UnitDoseOne, Ammar Akhtar, CEO of 1CallGroup, John Mulcahy, Founder of HealthGenuity and Maciej Malenda, Innovation and New Business Director at Medicover.
During the 40 minutes of the discussion, we touched on many topics, and here below a summary of the most important insights that were shared during the panel:
- The Next Big Thing: Big Data is expected to be core to the technological developments of healthcare. It’s driving Personalized Drug therapies, Digital Crisis Management and education efforts of healthier behavior. Of course Big Data comes with a Consumer IOT component and requires an algorithmic module.
- A lot of Buzz around Blockchain and AI. However Blockchain still needs to prove itself, whereas AI is already a reality. Blockchain really needs scale to make sense, and so there is an expectation that government might need to promote its development. It surely has the potential of playing the role of TCP/IP has played in the development of Internet. AI is already playing an important role today, but the real breakthrough will happen probably in the next 5 to 10 years.
- Inclusiveness in healthcare is a byproduct of Digitalization and IoT, which are both enabling reach cross social classes while keeping costs at bay. Great example in India and in rural regions of developed countries, where digital apps and monitoring devices, make healthcare accessible to previously unreachable groups.
- The importance of ecosystem and openness is critical. First and foremost because there is “no competitive advantage on closeness”, so strategically is not the most meaningful choice. Moreover, being part of an ecosystem and openness foster agility and make possible to react faster and not to be compromised by technological decisions.
- Reminding of the importance of the human aspect beyond the technological dimension: by focusing on pilot programs, by identifying early adopters and converting them into ambassadors for change. These approaches are critical to improve adoption rates, as well as, keeping the human aspect at the center of the process. Given current media frenzy, people will look at many technologies with suspicion, so it is critical to reassure them on their jobs, and how the nature of their task is and will be changing.