Digital Health

2017 brought some exciting developments in the telehealth space. 2016's 21st Century Cures Act has helped to streamline regulations around the adoption of digital health technologies, and in response the FDA has established a new digital health unit to focus on areas such as telemedicine, mobile apps, wearable devices, clinical algorithms (aka software-as-a-medical-device), and health information technology.   As a result of its new focus on streamlining, the FDA has:...
Parks Associates recently published Smart Home, Caregiving, and Aging in Place , an analysis of existing and anticipated independent living needs among people age 50 and older. This was an exciting project to complete, given the significant demographic shifts that are currently occurring in the United States. The U.S. population is greying, which is a trend that will continue for decades, due in large part to the aging of the sizable Baby Boomer generation. The below chart...

Kari Hall , VP, Global Software Services at ResMed, recently spoke with Parks Associates about the future of healthcare. Kari was also a speaker at Parks Associates’ annual Connected Health Summit in San Diego, where she and speakers from 2bPrecise, Kaiser, Qualcomm, and UPMC Insurance Services spoke about the business opportunities available through precision medicine. ResMed changes lives with award-winning medical devices and cutting-edge cloud-based software applications...
Autumn Braswell , COO of Global Solutions and Marketing for LinQ at iQor, recently shared her perspective on the future of digital health markets. Autumn was a speaker at Parks Associates’ fourth-annual Connected Health Summit: Engaging Consumers , which took place August 29-31 in San Diego. iQor is a global provider of customer interaction and product support services. They partner with many of the world’s best-known brands to deliver aftermarket product and customer...

Parks Associates spoke with Arta Bakshandeh , Senior Medical Officer at Alignment Healthcare, about emerging trends in digital health markets. Alignment Healthcare is redefining the business of healthcare by shifting the focus from payments to people. They’ve created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers, and payers toward a common goal of wellness. Dr. Bakshandeh...
Although the use of on-demand virtual care technologies remains controversial, shifting perception has led care providers to implement or embed solutions into their current care practices. Parks Associates research shows that almost 40% of consumers are interested in communicating digitally with medical professionals via phone calls or online voice chat. As the consumer-focused transformation in healthcare broadens, more care will be delivered in non-acute settings, including in...

Dr. Ian Tong , Chief Medical Officer at Doctor On Demand, provided his insights to Parks Associates analyst team regarding growth in the connected health markets. Doctor On Demand’s mission is to improve the world’s health through compassionate care and innovation. Through live video visits, our US-trained doctors take patient history, perform an exam, and recommend a treatment plan. Prescriptions, if needed, go directly to the pharmacy of choice. While insurance isn’t required,...
 
by Parks Associates | Aug. 18, 2017
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Karsten Russell-Wood , Director of Marketing, Philips provides insights into key areas of the connected health market in the below Q&A summary with Parks Associates research team.  Karsten will be participating in Parks Associates fourth-annual Connected Health Summit: Engaging Consumers , Aug 29-31 at the Omni Hotel in San Diego. Karsten will participate on the opening session, Convergence of Medical Technology and Connected Health , at Connected Health Summit on August...


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