| Digital Health Market Update: Entering a Next-Generation of Digital Transformation in Healthcare
Frost & Sullivan hosts a complimentary briefing discussing innovations in the digitization of healthcare SANTA CLARA, Calif. August 8, 2017
Digital health brings a diverse range of growth opportunities for vendors across the value chain. As the space evolves we have experienced a multitude of stepwise successes and stellar failures, yet funding continues to flood the sector. Major moves continue to come into the industry from the broader vendor environment, underlining the importance of health in everyone’s lives and progressively in strategic interests of the C-Suite across the ecosystem, from provider to payer to vendor organizations. To attend the webinar, please click here or email Mariana Fernandez, Corporate Communications: mariana.fernandez@frost.com “What is exciting about digital health is the continued progression of investment, innovation, the change in conversation, and the understanding of old and new stakeholders’ needs. The road for digital transformation in healthcare will be a long one, yet it is one where all kinds of great companies, innovators, payers, providers, and consumers want to be a part of, which shows the promise of this market,” explained Daniel Ruppar, Digital Health Global Program Director, at Frost & Sullivan. Healthcare delivery is evolving throughout the continuum of care, creating both new drivers and challenges. Stakeholders must overcome the data and information hurdles leveraging progressive improvements in health IT to form the backbone of collaborative and unified patient care, across all environments and points of experience in the patient journey. New models, digital tools, data driven treatment decisions, and learnings from global markets all present opportunities to solve challenges currently faced in healthcare. The progression of topics like artificial intelligence (AI) in areas from hard analytics usage to consumer platforms, or extensive market discussions about the telehealth value in mental health, demonstrate that this transformation is in progress. Join Frost & Sullivan in this webinar update showcasing a variety of different facets of the market and continue to learn why there’s something for everyone in digital health! Attend this webinar to discover the latest trends on: • Highlights in new findings on diverse digital health sectors, such as data analytics, patient engagement, hospital health IT including workforce management software, and sleep tech. • Leading investment telehealth areas identified in Frost & Sullivan research in 2017, and the further value of telebehavioral health. • Consumer digital health platform progressions and integration of artificial intelligence. • Will Apple’s Activity and Watch changes truly make a difference? • Future impact components, including the Internet of Medical Things (IoMT) and blockchain. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. |
Tag: healthcare
Long wait times make destination healthcare attractive to Canadians
Seeking quality treatment outside of Canada is a viable option with no wait times
Wait times for medical procedures are at a 20-year high in Canada. Accessing private medical treatment for non-emergency procedures IS a viable option for Canadians. Safe, high-quality, private care is available to Canadians immediately at an affordable price.
"Canadians are becoming frustrated with unreasonably long wait times and lack of access to the care they need," states Nicola Banks, founder of Health City Canada, the Canadian office for Health City Cayman Islands. Health City Cayman Islands sees an average of 20 Canadian inquiries every week and have performed many joint replacement surgeries on Canadian patients, all of whom are back home and recovering well. "Patients should be aware that there are private options available outside of Canada and that suffering is not acceptable," adds Banks.
The practice of Destination Healthcare – also referred to as Medical Tourism – is becoming a fast-growing global industry. In the past year alone, the number of Canadians who left the country to receive medical treatment is in the tens of thousands. The accreditation standards and practices continue to evolve, empowering potential patients to seek affordable, high-quality care.
"The fact that we are only 6 days into corresponding with each other, and have made a determination and scheduled a surgery date, is way beyond our expectations," says the daughter of a current patient.
Health City Cayman Islands, a state-of-the-art accredited hospital, set up a dedicated Canadian office in 2016 to better serve the Canadian marketplace. "Our priority is to inform Canadians of their options when they feel there are none," says Banks. "Many inquiring patients are frustrated to the point of feeling desperate." As cited in a recent report by the Fraser Institute, long wait times can have a significant negative impact, beyond merely frustration for patients, such as increased pain, suffering, and mental anguish.
"In a perfect world, we would be able to meet the demands of Canadians needing surgery here in Canada in a timely manner," said Canada-based anaesthesiologist Dr. Cynthia Horner. "Given our current climate, this is becoming more difficult and Canadians are choosing to look for other options."
Based on the philosophy that a patient's medical journey starts – and continues – at home, Banks and her Canadian team of physicians are dedicated to optimize continuity of care for Canadians, and inform Canadians on how to access high-quality, affordable healthcare in a timely and safe manner.
About Health City Cayman Islands
Health City Cayman Islands provides compassionate, high-quality, affordable healthcare services in a world-class, state-of-the-art, patient centred environment. Health City Cayman Islands delivers excellence in adult and paediatric cardiology, cardiac surgery, cardiac electrophysiology, medical oncology, orthopaedics, sports medicine, paediatric endocrinology, gastrointestinal and bariatric surgery, cosmetic surgery, neurosurgery, minimally invasive spine surgery and pulmonology services.
SOURCE Health City Canada
