December 14-15, 2017

MedTech Impact 2017

Venetian/Palazzo Resort

Las Vegas, NV

(561) 893-8633

info@medtechimpact.com

Category: Digital Technology

Speaker Spotlight: Dennis Robbins, M.P.H, Ph.D. | 2017 Conference Chair

Dennis Robbins (M.P.H. Harvard, Ph.D., Boston College) is a prominent innovator, thought leader, and health activist. His distinguished career spans multiple sectors of health, wellness, health care, industry, medical and surgical devices and technology, disruptive innovation, ethics and policy.  His initial work on patient-centric engagement and now person-centricity ™ has stimulated a major paradigmatic shift in how we think about health, healthcare, and next generation engagement across diverse ecosystems.

Dr. Robbins was a National Fund for Medical Education Fellow, Visiting Scholar and Research Fellow at Harvard. He has advised Presidential and White house commissions, the military health system, start-ups, two US Supreme Court Cases and chaired the PCMH 2.O national think tank where he created the concept of person-centricity™, to help people become and stay healthier while adding years to their lives and life to their years. He blends elements of health information technologies, ethics, behavioral economics, exercise physiology, sleep, mindfulness, and healthy eating to bend the sickness curve. He serves on the boards or advisory boards of several companies and national organizations including the Global Innovation and Leadership Council of Frost and Sullivan and the American Heart Assn’s Technology and Innovation Advisory Board.

Dr. Robbins was a major force in the early Hospice Movement and worked closely across both aisles and CMS in helping to promote the Hospice Medicare benefit. His legacy of nine books and more than 400 articles is complimented by a plethora keynote presentations and panels. He has been recognized in the national media in such publications as Forbes, Medical Economics, Modern Healthcare, Hospital Ethics, and Managed Healthcare Executive who depicted him as among the top ten keenest thinkers in Managed Care.

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Dr. Robbins serves as the Conference Chair for the MedTech Impact Expo & Conference, December 14-15, 2017 in Las Vegas, NV.  He will lead a number of sessions on the agenda: Leveraging Technology and Person-Centricity to Help People Add Years to Their Lives and Life to Their YearsImpacting Clinical Outcomes with Innovation and Technology (Panel); and Medtech Challenges and Opportunities. Review the full agenda.

 

 

 

Linking Life Expectancy & Innovation

Recent data and statistics demonstrate that overall American life expectancy has dropped for the first time in a decade, spurring an urgent and pressing need for the advent and proliferation of medical technology—coupled with scientific progress and laws to encourage innovation.

While the research points to specific factors that have lowered rates of mortality, including increased obesity, long-term unemployment, and a resurgence of chronic diseases, the studies incontrovertibly suggest the critical need to provide enhanced ‘life-saving and life-prolonging’ therapies and treatments.

There is no specific way to address the divergence of issues regarding lowered life expectancy, but there are particular measures that must be undertaken. These include enacting evidence-based policies that spur innovation, and further eliminating any roadblocks to America’s inventors.

By spearheading research that targets the most grave and life-threatening challenges in our medical and healthcare system, new resources will grow and develop, ultimately allowing for patients to access breakthrough therapies. The need for medical-technology innovation is steadily increasing, while removing obstacles to improving patient outcomes and creating high-tech manufacturing jobs remains a challenge.

We must collectively and cooperatively tackle the persistent healthcare problems that our country faces, while boosting innovation in the technological sector in order to further address medical challenges.

Speaker Spotlight: Amanda Goltz

Amanda L. Goltz, MPA is the Vice President of Digital Innovation at BTG, a global medtech firm, managing the portfolio of digital initiatives combining clinical interventions, device technology, and digital services to incorporate the patient experience and improve measurable outcomes.  Previously, Amanda was the Director of Product Strategy and Innovation at Aetna, sourcing emerging solutions from the digital health and innovative networks marketplace, pairing them with employer clients, and directing implementation of the solutions at scale.

Amanda has also managed the Innovation and Consumer Engagement portfolio at Pacific Business Group on Health (PBGH), a coalition of 60 employers who collectively provide self-funded health coverage to over 10M employees and dependents at an annual cost of $12B.  Prior to PBGH, Amanda was senior advisor to the national healthcare practice at Manatt Health Solutions.  From 2005 to 2009, Amanda served as Program Director at Partners Healthcare, the integrated delivery network founded by Brigham and Women’s Hospital and Massachusetts General Hospital, managing a system-wide quality improvement initiatives.  Amanda advises several start-up companies as a mentor at 500Startups, Rock Health, and StartXMed, health and life sciences incubator for Stanford University.   Amanda received her MPA in Health Finance and Management from New York University and her BA from Columbia College of Columbia University.

More health content from Amanda Goltz:

BTG buys Oncoverse–Amanda Goltz explains all | thehealthcareblog.com
Amanda Goltz is a massive ball of energy in the world of digital health. For the past 2 years she’s been working for English pharma company BTG…

Thinking Digital: We Can Do Better Than Just Apps | MedCity News
With the advent of digital technology, pharma and med device companies need to start rethinking …

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Amanda will host a session, ‘How Much Should We Pay for Healthcare? Technology’s Answer to Measuring Value’, on Friday, December 15 (10:05 a.m.) at the upcoming MedTech Impact Expo & Conference.

 

 

 

The Financial Potential of Digital Health

New research indicates that digital health has the potential to save up to $46 billion in annual healthcare spending, according to a new report from IQVIA (Quintiles/IMS Health). Murray Aitken, Executive Director of the IQVIA Institute for Human Data Science, describes a new landscape of healthcare, in which a model that looks across five different patient population groups has seen a proven reduction in acute care utilization–typically hospitalization–when consumer mobile apps are used.

“Diabetes prevention, diabetes care, asthma, cardiac rehabilitation, and pulmonary rehabilitation: in each of those five areas we took the results from published research and modeled that to estimate that if these available apps today were used by all patients who could benefit from them, the US healthcare system could save $7 billion per year. So that’s just for five areas. If that level of savings was achievable across all disease areas, we’re looking at annual savings of something like $46 billion.”

While there is an incontrovertible increase in terms of innovation, and increased evidence surrounding the impact that digital health can have on outcomes in addition to cost, there is also an uptick in adoption of mobile health apps. Aitken and his team report that there are now more than 318,500 health-related consumer apps available for download: nearly twice the amount from two years ago. Around 200 new apps are added to the marketplace each day.

The majority of health apps are comprised of general wellness apps, yet recent advancements in chronic condition management apps have made them increasingly popular and relevant. In addition to the apps themselves, there is a growing amount of efficacy data available surrounding the apps, based on searches on ClinicalTrials.gov. As of February, there were 869 active trials utilizing digital health technology worldwide; 540 were in the United States.

Moreover, several of the barriers to adoption that were previously restrictive are changing; as there are more publications regarding privacy and security guidelines, app formularies are being officially established, and there is a continued shift to value-based care. “We still have a long way to go,” says Aitken. “We don’t want to overstate the extent to which mobile health apps have become mainstream, but relative to four years ago, there is a lot of progress that has been made.”

Cloud DX’s Vitaliti Wins Bold Epic Innovator Award

Medical technology firm Cloud DX recently won the “Bold Epic Innovator Award” through the Qualcomm Tricorder X Prize® contest, with its pioneering innovation the

Cloud DX’s Vitaliti, winner of the the “Bold Epic Innovator Award” through the Qualcomm Tricorder X Prize® Contest
Larry Steinberg, EVP of Business Development with Cloud DX demonstrates the Vitaliti

Vitaliti. An advanced wearable device designed to act as a continuous vital sign monitor, the neckband and earpiece—connected to an advanced mobile app through four interdependent wireless devices—can diagnose up to 16 medical conditions. With the mantra “sophisticated solutions for advanced healthcare providers,” Cloud DX’s overarching mission is to streamline and simplify digital tools that help measure and gauge health and wellness. Through its four fundamental pillars of innovation, collaboration, integration, and transformation, Cloud DX represents the forefront of healthcare: an industry rapidly growing and expanding through invention.

Applying Artificial Intelligence to Suicide Prevention

This week, a group of researchers published a new study that demonstrates how a novel brain imaging technique can identify people who have suicidal thoughts, simply by presenting them with certain key words, asking them to reflect on their meanings, and using machine learning to analyze that brain activity.

The results of the study, published in the journal Nature Human Behaviour, challenge the common stereotype that suicidal people could change their perspective if they exerted more effort; the data suggests that suicidal feelings and thoughts are deeply intertwined with the way the brain processes information.

“Suicidality isn’t that you can’t cope with life; it’s that you’ve somehow gotten into a pattern of thinking that leads you to consider suicide,” states Marcel Just, a cognitive neuroscientist and the study’s lead author, and a professor of psychology at Carnegie Mellon University.

Just and his co-authors studied 34 young adults, half of whom had a history of suicidal thinking or past attempts, and half of whom did not. The participants were placed in a functional magnetic resonance imaging machine (fMRI), which measures brain activity by monitoring blood flow. The researchers then showed each person 30 words related to suicide and positive and negative feelings, including “death,” “desperate,” “carefree,” “kindness,” “trouble,” and “worried.”

To analyze the results, the researchers used machine learning to characterize people’s brain activity patterns: 91 percent of the time, it correctly determined which participant had a history of suicidal thoughts, and which did not. It also successfully identified which individuals had previously attempted suicide.

The analysis yielded critical information about which concepts led to the clearest distinctions between the groups. The brains of participants with suicidal thoughts and behavior had vastly different responses to the words “death,” “cruelty,” “trouble,” “carefree,” “good,” and “praise,” and most of those participants demonstrated high levels of self-reported depression that included a negative view of the self, world, and the future. “Our research shows that suicidal ideation is exactly the way you think about things,” Just says. “Something changed the way your brain and mind work.”

Though the study is small, it demonstrates the promise of fMRI used in tandem with machine learning, a novel approach that resolves some of the challenges of relying on imaging to make conclusions about brain activity. Machine learning makes it possible to observe statistically significant differences between patients and a control group, which has been difficult in the past.

Just asserts that if the technique remains successful in larger studies, it could become an important tool in helping doctors assess suicide risk and develop targeted treatments. If a psychologist, for example, had better information surrounding which concepts were altered in a suicidal patient, he/she could potentially tailor talk therapy or medication to positively change that person’s way of thinking.

The study’s results also raise complex questions about new technology that helps reveal what processes are occurring in our brains as we think. In a dystopian future, one could imagine the tool being used as a way to exclude people with suicidal thoughts or behavior from certain professional and private roles, including military service, political office, or even parenthood.

Just says the technology requires immense focus and participation from the subject, so it could not be forced on people — yet. How people decide to subject their thoughts to examination and whether that information is shared publicly will eventually become the “ultimate privacy question,” adds Just. In the meantime, he is hopeful that the technology, if proven successful, will give patients and their doctors meaningful ways to assess and prevent suicide risk. Just is optimistic in the human ability to influence and shape the brain with the right tools. “There’s no question that our brains are malleable,” he says. “They are the most powerful tool that mother nature gives us.”

ThinAir Announces New Conversational Interface and Impact Assessment Tool for Data Security

ThinAir, a security startup whose mission is to allow organizations to detect and investigate insider threats in seconds, has launched a new interface and impact assessment tool, ThinAir 2.0 – a conversational interface that allows for quick assessments of security incidents and their financial impact.  The new tool – which the developer describes as “siri for Security” is among a number of new security technologies being introduced to help combat the data security breach epidemic.

It seems every time we turn on the news these past few years, there are reports of yet another massive data breach or identity theft story. According to research from the Identity Theft Resource Center (TRC) and CyberScout, healthcare data accounted for more than 34% of reported breaches in 2016.  As one technology makes it harder for fraud to occur (i.e. the introduction of micro-chipped credit cards to the US in 2015), criminals focus on other avenues to commit fraud.  Unfortunately, criminals aren’t the only ones causing these breaches; according to the same report, employee error or negligence was the leading cause for healthcare data breaches in 2016, with 43 reported incidents exposing 1,183,893 records. Aside from employee error, 3rd party businesses, associates and subcontractors also exposed 4 million records in 2016. Hacking and cyber-attacks aside, basic misuse of customer service login information, privilege misuse (abuse of privilege to access data for illegitimate purposes), and miscellaneous errors such as losing a physical folder of documents, or sending an email to an incorrect address, are among the most common reasons healthcare data is breached. As a matter of fact, the healthcare industry is the only industry where employees are the predominant cause of data breaches.*

While these statistics are alarming, there are steps healthcare institutions and practices can take to head off these breaches: making sure antivirus and operating systems are up to date, using encryptions and secure passwords, and making sure cloud based systems are paired with reputable and high-level security. Ongoing assessment and monitoring proves useful when unforeseen circumstances do cause a breach, and make it easy to investigate quickly and take action.

That’s where products like ThinAir 2.0 come into play, where quick access is critical when handling healthcare data. Quickly detecting and containing breaches lowers risk, and ultimately cost. “As information becomes the primary asset for today’s organizations, ThinAir’s technology provides visibility and impact assessment,” said Tony Gauda, founder and CEO of ThinAir. “We turn analysts into superheroes by surfacing all user-information interactions, with simplicity and speed.” ThinAir is HIPAA, and SOC-2 (Type 2) compliant as well as ITAT/EAR compliant, is authorized to manage sensitive data for a variety of industries and can help organizations achieve compliance.

Data breaches can significantly damage a healthcare organization’s reputation and result in loss of trust, or worse, patients entirely. Making sure to have proactive and secure processes, assessment, monitoring and investigative tools seems like a better plan.

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*source: Verizon 2017 Data Breach Investigation Report

Osso VR wins US DOE EdSim Challenge

The U.S. Department of Education announced Osso VR as the winner in the EdSim Challenge, which called for virtual reality, video game developer, and educational technology communities to submit concepts for immersive simulations that will prepare students for a globally competitive workforce and spur an ecosystem of virtual and augmented reality technology in education.

Five finalists were selected out of 249 submissions. Each finalist received $50,000 in cash as well as in-kind prizes from Oculus and Samsung, and refined their submissions during the Virtual Accelerator phase. Finalists presented playable prototypes to the judges at Demo Day on September 18, 2017, where a live audience joined the Challenge judges at the Department Of Education to see the five finalists compete for the $430,000 grand prize.  The winner was recommended by a panel of judges with expertise in education, gaming, workforce development, emerging technology, and venture capital.

Osso VR is a hands-on surgical training platform that enables users to practice cutting-edge techniques through realistic, hands-on simulations, bridging the gap between career exploration and career preparation. They won $430,000 in cash and additional in-kind prizes from IBM and Microsoft.

Learn more about each of the five finalists’ simulations here.

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Learn more about Osso VR at the 2017 MedTech Impact Expo & Conference in Las Vegas, December 14-15, where Justin Barad, Founder & CEO of Osso VR and editor of medgadget.com will moderate a panel session, New Realities in Medicine – Exploring the Virtual and Augmented Horizon. Other speakers in the session include Arshya Vahabzadeh, M.D., Chief Medical Officer at Brainpower, Matthew Stoudt, CEO of AppliedVR, Carrie Shaw, CEO of Embodied Labs, and Osamah Choudhry, CEO at MediVis. LEARN MORE.

Trio of Keynotes to Focus on Medical Technology Innovation

Pablos Holman
Pablos Holman Self-described futurist, inventor and notorious hacker “Inventing the Future of Food”

Innovative technologies are entering the medical field at a fast and furious rate – they’re quickly changing the care patients receive and will ultimately affect the health of our nation and the cost and administration of healthcare. This December, two powerful health care industry events will co-locate to provide clinicians, healthcare providers and ACO’s insight and solutions on industry-altering innovations including Sensoria Health’s smart clothing, that will continue to change the way medicine is practiced and evolve into better solutions for diagnosis, treatment, lifestyle change and prevention.  The 25th Annual American Academy of Anti-Aging’s World Congress, and the 2017 MedTech Impact Expo & Conference, held alongside each other at the Venetian/Palazzo Resort in Las Vegas, will feature complementing CME and non-CME education, inspiring world-renowned and accredited industry-leaders, and thousands of products and services. The format sets the stage for effective discussions as to how emerging technologies can and will affect all levels of patient care.

David Rhew
David Rhew, CMO and Head of Healthcare and Fitness at Samsung Electronics of America

Kicking off both events with a Keynote address on Thursday morning, self-described futurist, inventor, and notorious hacker Pablos Holman will discuss “Inventing the Future of Food,” covering the revolutionary shift in the way food is prepared through the advent of 3-D printing.  Thursday afternoon, David Rhew, CMO and Head of Healthcare and Fitness at Samsung Electronics of America, will address the MedTech Impact audience, detailing how innovative digital technologies like wearables, IoT sensors, patient monitors and more are helping to improve costs, increase engagement and improve outcomes across the healthcare process. And finally, Robyn Farmanfarmaian, Angel Investor & Vice President with Invicta Medical and Vice President of Actavalon will close the last day of the conference focusing on how accelerating technologies are empowering the healthcare consumer and allowing patients to be in control of their own health.

Each speaker is a thought leader in the redefining of medicine, and their keynote sessions will inspire attending clinicians, healthcare execs and ACO’s to commit and contribute to a new century of wellness and longevity through the advent and implementation of new technological advances – all of course contributing to the improvement of patient care.

 

Robin Farmanfarmaian
Robin Farmanfarmaian, Angel Investor & Vice President with Invicta Medical and Vice President of Actavalon

For more information and to review the full medtech focused agenda, visit www.medtechimpact.com.

Leading Sportswear and Healthcare Providers Team up to Launch “Smart Clothing” for an Aging Population

According to the U.S. Center for Disease Control and Prevention, an older adult is treated for falls in emergency rooms across the country every 11 seconds. Every 19 minutes, an older adult dies from a fall. Stats show more than 800,000 65-or-older Americans suffer from falls each year, not only leading to hospitalizations and further safety concerns, but increasing healthcare costs for individuals and institutions alike.  With the 65+ population expected to rise from 46 million today, to 98 million plus by 2060, the safety concern isn’t going to go away and costs are sure to increase.

 

The rise of concerns, costs, and recent developments in sensors and smart clothing have inspired two leaders from seemingly very different markets to work together on an innovative solution for not only treatment, but prevention. Sensoria, a leader in smart garments and wearable technologies, and Genesis Rehab Services (GRS), a subsidiary of Genesis Healthcare, a recognized enterprise provider in post-acute care, debuted the fruits of their collaboration at the 11th Annual Health 2.0 Conference earlier this month in Santa Clara, California.

 

Sensoria Health Powered by Genesis, featuring body sensors embedded in clothing such as socks and shoes or attached to other clothing as a stand-alone device, will allow clinicians and nurses to monitor a patient’s healthcare needs at home, in assisted living and skilled nursing facilities. From the rehab process after a fall, to pre-emptive detections of situations that could lead to a life-threatening injury, monitoring clinicians can provide real-time communication with caregivers.

Innovative technologies are entering the medical field at a fast and furious rate – they’re quickly changing the care patients receive and will ultimately affect the health of our nation and the cost and administration of healthcare. This December, two powerful health care industry events will co-locate to provide clinicians, healthcare providers and ACO’s insight and solutions on industry-altering innovations including Sensoria Health’s smart clothing, that will continue to change the way medicine is practiced and evolve into better solutions for diagnosis, treatment, lifestyle change and prevention.  The 25th Annual American Academy of Anti-Aging’s World Congress, and the 2017 MedTech Impact Expo & Conference, held alongside each other December 14-15, 2017 at the Venetian/Palazzo Resort in Las Vegas, will feature complementing CME and non-CME education, inspiring world-renowned and accredited industry-leaders, thousands of products and services, and sets the stage for effective discussions as to how emerging technologies can and will affect all levels of patient care. For more information, visit www.medtechimpact.com.