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Digital Health Company Information Session
Teri Morris www.terimorris.com
20 November 2014
Health has changed over the years
Businesses change but Technology has the ability to transform industries.
In a short period of time ...
Change the way that we:
Founded 1998 2013 Revenues $59.8B
Founded 2004 2013 Revenues $7.8B
Founded 1998 2013 Revenues $6.6B
Founded 1994 2013 Revenues $74.4B
socialise
advertise, get news
transact
buy books
travel
listen to music
watch movies
Trip Advisor, Expedia
LinkedIn recruit
communicate
It’s good for business
But ... you already knew this
Healthy People:
• Make Better Decisions • Make Fewer Errors • Are Happier More Productive
Translates to:
Revenue
Costs
The same is happening in health. Why should you care?
Wellness Programmes
• Compartmentalised – fitness, eating, stress management, etc.
• Basic understanding of tech role
– Benefits
– Responsible Use
Wellness Programmes
• Are for a set period of time
• Benefits often short term
• Can be difficult to justify
Digital Health has the potential to change this
... and give you a Competitive Advantage
Tech Companies leading the way... - have an understanding of Tech - a focus on wellness
Technology is an Integrated part of our life
Internet Smartphones
Sensors Laptops Wearables
It plays a big role and this will increase
Digital Health and the Internet
“Well-being apps can and do play a key role in promoting high well-being for employees. Because of this, leaders should use every tool at their disposal to enhance employee well-being – it will benefit both the company they lead and the employees who work there.” -- Gallup Research Report
Digital Health not all goodness and light
Sitting long periods
Tech Addiction
Lack of focus/too many notifications
Internet Bullying
Losing connection to people and what’s
important
Can affect physical/mental health
Wellness should ...
Focus on lifestyle
WHO, NIH, US Department of Health
“Health does not occur in the doctor’s office and hospitals only, health also occurs where we live, where we learn, where we work, where we play, and where we pray.” - Regina Benjamin, Surgeon General, US Department of Health & Human Services
40K Health and Wellness Apps Today
• Fitness
• Food
• Weight Loss
• Stress
• Smoking
• Sleep
Not all apps are the same Still some limitations
Health IT Trends
• Patient-centered care • Paticipatory medicine • Self-care/ Patient-engagement • Personalised
• Integrated/Connected • More data/sensors
• Event driven • Live monitoring
We have better outcomes when involved in our own health.
Will drive down costs, make diagnosis more accurate.
Health IT Drivers
• Unsustainable healthcare costs
• Rise in Chronic Disease/Obesity
• Aging Population
• Stretched healthcare system
Technology will reduce costs, provide better information/better diagnosis, reduce much of the work currently performed by healthcare professionals, reduce errors.
Technology will replace 80% of work that doctors do today.
Challenge: Fit the pieces together so that we live in harmony with Technology and lead a healthy life
More Tech does not mean more wellness. But wellness without tech is like trying to run a car without gas. You will struggle to keep up.
Wellness Company Checklist
• Are you looking at Lifestyle?
• Does it incorporate responsible use of technology?
• Is there a clear understanding of technology benefits/risks?
• Are apps bona fide/trusted?
• Is it effective?
• Are you getting value for money?
Want to know more?
Healthy & Well Taking Control with
Digital Health
Saturday, 10 Jan 2015 10am-3pm
www.terimorris.com
We’ll Cover:
• Lifestyle – what’s it mean?
– Food, Activity, Awareness, Sleep
• Healthy Apps
• Behaviour Change
– Keystone Habits, Brain
• Responsible Use of Tech
– Risk Factors, How to mitigate
• Living a Healthy Life in harmony with Tech
Workshop for: • SME Individuals
and Groups who want to know more
• Health/Fitness Professionals
• Corporate Wellness/EAP
• People interested in Health!
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