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.
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.
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.
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.
Journalists attending AdvaMed’s 2017 The MedTech Conference were treated to a behind the scenes look at Flex’s Silicon Valley Innovation Center. Flex, (formally Flextronics) a $25B global electronics manufacturer with 200,000 employees globally, has been utilizing their expertise contract manufacturing across dozens of industries, to apply the lessons learned and fast paths to innovation that are accelerating product development.
Flex’s “Sketch to Scale” comes to life in their innovation center and robotics lab. From conception and design to prototyping and advanced engineering, Flex’s Innovation Center is where the majority of today’s “smart home” and “connected health” technology is designed and manufactured.
“We make everything for everybody,” said John Carlson, President of Flex Health Solutions. Highlights from the tour included flexible circuitry, printed on a stretchable material, that could (potentially) be used to monitor skin biometrics, a sweat sensor that is able to read blood glucose levels from sweat, and an advanced robotics lab that allows Flex to streamline the R&D, design and manufacturing process for their clients.
For more information, visit www.flex.com.
The National Committee for Quality Assurance (NCQA), an independent non-profit organization that works to improve health care quality, has given its patient-centered medical home ‘a makeover’ in order to “reduce documentation burdens, lower costs, and facilitate quality improvements.”
The NCQA’s move marks a growing effort spearheaded by the healthcare industry’s leadership organizations in response to new technologies, uncertainty surrounding reimbursements, and heightened reporting requirements. The organization’s recent announcement of a comprehensive overhaul will enact changes that aim to create “a much more user-friendly version of the popular practice transformation framework that avoids the pain points of previous iterations of the program,” said Michael S. Barr, MD, Executive Vice President of the Quality Measurement and Research Group at NCQA.
All data and scientific literature indicate that poor medication adherence is directly correlated with increased hospitalizations, higher mortality rates, and a number of serious adverse health consequences. Approximately 50% of patients do not take their medications as prescribed, resulting in at least 100,000 preventable deaths per year. In terms of incurred costs, these numbers translate to between $100 billion and $300 billion dollars in spending, burdening the already weakened infrastructure of health care. Dr. Niteesh Choudhry, an internist at Harvard Medical School, describes the problem as “the final cascade of all of science.”
Researchers at Ohio State University have taken the first step in creating a medical chip that could ultimately heal almost any injury or disease.
The development of a small, dime-sized silicone device—known as Tissue Nanotransfection (TNT)—uses nanotechnology to actively reprogram a person’s cellular makeup. By simply placing the chip on a wound, the device sends an electrical pulse designed to convert living cells into whatever necessary cells the body requires. The pulse “opens a small window into the cell,” allowing the chip to transmit an entirely new genetic code. Moreover, the entire process takes less than one second.
The Food and Drug Administration has recently announced a program that actively encourages the development of medical digital technology, including wireless wearables and applications that can monitor blood pressure and heart rate, track intake of calories, and measure physical activity.
The program is designed to give pre-clearance to developers working on digital health products, as the approval process for apps sometimes includes burdensome regulations, which can increase costs and limit innovation: the FDA hopes to reduce development costs and give entrepreneurs increased opportunities to develop products.
Several of the world’s largest and most successful companies are investing in digital health, including Amazon, Google, and Microsoft. Amazon is heavily investing in health, across a number of different areas, and Google is likewise “ramping up its health cloud business.” Apple and Nokia recently announced a partnership on digital health, designed to advance medical support.
Amazon has also recently landed a health-tech hire from the company Box, a cloud content management and file sharing service for businesses. Missy Krasner, who previously helped build the cloud storage company’s health product, will transition to Amazon. Krasner was also a founding member of Google Health, the company’s online medical records and wellness platform.