Digitizing Healthcare

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I think the big challenge right now for healthcare is that health information is paper based for the most part and it resides in my body and to the extent that it's not in my body, it's not a piece of paper. What I believe is happening right now is that digitization of health information.

So the way we look at it is that through advancements in sensors. Sensors that surround you. Sensors that are on you and even sensors that are in you that data from a health standpoint, getting that data from yourself and your surroundings to the cloud through the wireless network where it can then be acted upon.

You can send actionable information off to your doctor, a caregiver of some sort or right back into the palm of your hand in an application on your own smartphone. I think it's empowering, and I think also from a caregiver's standpoint, it's sort of the missing link. So doctors when they see their patients they can look them in the eye.

They can look in their ear. They can do whatever tests they're going to do to help determine how the patient is doing at that moment. They can look at their medical records and they can determine how they were doing since birth. But what they don't know is once they leave the doctor's office between then and the time they come back, what they're doing or how they're doing.

Now some patients don't need that, but others can benefit greatly by that. By having trending information that goes to a doctor, and maybe it goes to an intermediary first, but the actionable information gets to the doctor at the right time, at the right place so that they can intervene when necessary.

If you think of genomics and the cost of genomics plummeting so fast, the ability for the average person to have their genome read and then eventually, while it doesn't exist really today, eventually we'll be able to personalize medicine around that individual. We can then take sensor data that's relevant to whatever risk areas that individual might have.

Again, sensors around you, sensors on you and sensors in the body, so as we capture this data through these sensors and send it over the wireless network, we're digitizing it. It's about people taking their activity, their diet, their biometric readings off of different types of sensors, getting that data in into the cloud and being able to then analyse that for determining, how do I stay in better shape? How do I, how do I loose weight or maintain my weight? How do I avoid the trajectory that I think I'm on toward diabetes by treating my body better.

Think of just about any other industry on earth and it benefited dramatically by digitizing data and being able to analyse that data in ways that you know where to make decisions and when to make decisions and so health care is on its way.