Posts Tagged ‘digital health’



MyHealthTeams CEO Eric Peacock on Social Media in Healthcare, Part II

November 5th, 2013
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Part Two—Interview with Eric Peacock, CEO, Co-founder, MyHealthTeams
 
Eric Peacock co-founded the social networking company MyHealthTeams to help people suffering from chronic conditions find better ways to communicate with each other and share valuable information. In 2011, the company began with the launch of MyAutismTeam, an interactive social media site serving parents of people with autism. It has since expanded, launching MyBCTeam to help women diagnosed with breast cancer and MyMSTeam for multiple sclerosis (MS) patients, and Peacock plans to create many more sites for people living with certain chronic conditions. In Part One, we discussed the creation of MyHealthTeams, what role social media can play in patient-centric healthcare spaces, and how this concept became popular. In Part Two of our interview, we talk about how the sites work, and the untapped potential of the Internet to provide meaningful social interactions for patients, and their families and friends.
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MyHealthTeams CEO Eric Peacock Offers New Function for Social Media in Healthcare

October 24th, 2013
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Part One—Interview with Eric Peacock, CEO, Co-founder, MyHealthTeams
 
Eric Peacock co-founded the social site company MyHealthTeams to help people suffering from chronic diseases and their friends and families find better ways to communicate with each other and share valuable information. In 2011, the company began with the launch of MyAutismTeam, an interactive social media site serving parents of people with autism. It has since expanded to help women diagnosed with breast cancer and with multiple sclerosis (MS) patients, and Peacock plans to create many more disease-specific sites. We talked with Eric about his plans and the role of social media in healthcare.
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Q&A: Seamless Medical’s David Perez is Giving the Physician Waiting Room a 2.0 Update

October 14th, 2013
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David Perez is the founder and CEO of Seamless Medical Systems, a New Mexico-based company that developed cloud-based patient-engagement platforms that integrate electronic medical records (EMRs) and other health data to create a complete health profile for any patient. SNAP® Practice, a Seamless product, engages a patient starting with registration in the waiting room, extending to the exam room while connecting patients and practice via any mobile device outside of the office. Popper and Company’s Ken Walz interviewed Perez about Seamless Medical Systems and what he sees ahead in the future of healthcare technology. Read the rest of this entry »

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Is Digital Health the Key to Bringing Control to Drug Costs?

October 1st, 2013
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A recent article in Forbes by Matthew Herper points to one of the most significant opportunities for innovation in medicine – drug development costs. Herper estimated that a single drug can cost $5 billion to discover and develop – five times the conventional wisdom, which has long settled on $1 billion as the average cost to create a new drug.
 
The fact that drug development is expensive is, of course, well known, and is why there is no easy solution to the problem of high – sometimes astronomical – prescription drug prices. When looking at total healthcare costs, it is worth noting that there are many drivers in addition to drug costs. Vlogger John Green, in a widely circulated video last week, argues that every input in healthcare is too expensive. And, according to Susan Desmond-Hellmann, chancellor of UCSF, these cost increases are “not sustainable.” But certainly, prescription drug costs are a significant part of the problem. Separate from these arguments, pharmaceutical companies are often criticized for new treatments that are extraordinarily expensive (the CF drug Kalydeco at a cost of $294,000 per year is a recent example) and for the fact that many charge higher prices in the U.S. than they do in other countries.
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Technology Access Could Lower Barriers to Clinical Trial Acceptance

August 13th, 2013
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“Research is to see what everybody else has seen, and to think what nobody else has thought.” Nobel Laureate Albert Szent-Gyorgyi no doubt would be impressed with the modern pace of medical research, but possibly concerned that we need to think about clinical trials in ways nobody else has.
 
Only 3% of people with cancer enroll in a Phase I trial, but 72% of all Americans say they would gladly volunteer on the advice of their doctor. Social media and internet tools have tremendous potential for increasing volunteer enrollment in clinical trials, but many barriers still exist. The factors keeping potential trial volunteers away have been consistent over the years: unease with trial settings, randomization and placebos; lack of understanding or discomfort with the research process; fear of drug side effects and trial protocol rules/requirements; as well as lack of awareness, a perception that trials aren’t appropriate for serious disease, and hesitation among physicians to make recommendations. Read the rest of this entry »

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Can Digital Health Technology Be Part of the Secret to a Long and Healthy Life?

July 12th, 2013
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A comprehensive study of American lifespans and health published in this week’s Journal of the American Medical Association, which has received much media coverage, shows that while Americans are living longer, those extra years are less healthy when compared to older people in other industrialized countries.
 
While the report notes that certain diseases, like strokes, colon and breast cancer, and AIDS, have seen decreases in incidence, most of the conditions leading to increased cost of healthcare (namely, obesity and its associated co-morbidities cardiovascular disease, diabetes, and asthma) are increasing, and can be prevented with behavior and lifestyle changes, earlier intervention and better management. But clearly, that prevention isn’t happening.
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Can Digital Health Prevent You from a Premature Death?

June 27th, 2013
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“Prevention is better than cure,” said Desiderius Erasmus, the Dutch Renaissance humanist and scholar. Now, a modern report on technology highlights just this concept, and in the process emphasizes the value of digital health in aiding prevention.
 
In this year’s Internet Trends report, the authoritative assessment of the Internet’s evolution, Mary Meeker of Kleiner Perkins Caulfield Byers featured various components of digital health. The report shows a relationship—albeit not necessarily a correlation—between the volume of health data being shared, the number of wearable devices, and health apps and the increasing power placed in the hands of consumers to manage and improve their own health.
 
In one powerful statistic, Meeker’s report showed that 40 percent of premature deaths—the largest proportion of such deaths—are due to behavioral factors such as smoking, obesity and inactivity, and alcohol abuse. This figure indicates that consumers can proactively avoid premature death by becoming better informed about their own health and, if/when motivated, taking action to avoid the risk factors.
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Digital Health Stands Before the Chasm Between “Cool” and Customer Value

June 5th, 2013
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There’s no doubt that many components of digital health are revolutionary technologies. They are making healthcare more personalized, more easily available and more accessible to a newly empowered patient/consumer. But how well is digital health really catching on?
 
At Popper and Company and elsewhere, the evolution of digital health has been discussed in depth. Smart phones (particularly Apple’s iPhone) have an enormous amount of portable power, a smart interface, and a platform that anybody can use. At the same time, “wearable” devices and sensors ranging from accelerometers to blood pressure monitors are more convenient and less expensive for use by a broad audience. Finally, cloud computing takes advantage of improvements in cellular and broadband infrastructure with increased bandwidth and network speed to provide more horsepower to applications, so that today, any mobile device can tap into this power with ease and become a health monitor. (Of course, those apps in the wellness realm go out of their way to ensure they are not considered medical devices, thus avoiding scrutiny by the U.S. Food & Drug Administration, but that is a topic for another day.)
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From Huffington Post’s Health News – “The Long-Awaited Revolution: Digital Health Innovation”

May 1st, 2013
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On April 24, XPRIZE and Nokia announced that I was among the mobile health and sensing industry leaders named to the Nokia Sensing XCHALLENGE Judging Panel.
 
It’s a great honor for me to take on this role – and to work with the XPRIZE and Nokia teams in helping drive awareness of this important competition and the role of digital health innovation as part of the long-awaited revolution in healthcare.
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A “Real Biz Model 2 Win” or “Merely a Bubble” for Digital Health?

April 9th, 2013
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There’s been discussion recently about a lack of life science venture capital (VC) enthusiasm for emerging digital health companies. I happen to feel that this concern, if you will, is misplaced. I engaged industry and opinion leaders on this subject plus have my own thoughts on the digital health funding environment.
 
In his latest article in Forbes, contributor David Shaywitz characterizes life science venture capitalists as just “kicking tires” on potential digital health investments, citing fears from prominent investor Nimesh Shah that innovations in digital health are “merely a bubble,” and that these firms lack a “real biz model.”
 
Shaywitz bases his position on quotes from venture capital executives, but also from the $1.4 billion that was invested in digital health last year, which he says is a fraction of all the life science VC money available. He responded to my post in the Digital Health LinkedIn group that this “reflects the uncertainty that many investors feel regarding whether viable business models will emerge.”
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