Why is IoT Adoption in Healthcare Lagging Behind other Industries? Get Medisanté’s Perspective at MEDICA!
While industries such as automotive are organized in oligopolies and have been more IoT- friendly than healthcare, what can the healthcare and medtech industries learn from connected cars to be successful in connected care?
This report from IoT Analytics - https://iot-analytics.com/top-10-iot-applications-in-2020/ - compares the relative adoption of IoT and outlines vendors that moved the needle in each vertical.
Medisanté, one of the top-2 hottest IoT platform providers in healthcare, invites you to attend their healthcare acceleration session on the MEDICA Connected Healthcare Forum at 12:40 - 12:55 (Hall 12, Exhibition Area 12E37) on November 15 th . You will hear from their CEO what it takes to put the Internet of Things (IoT) to work for care teams and enable the hospital at home.
While the pandemic is expected to act as a booster of medical IoT in the wake of tele-consultation, major obstacles have prevented healthcare from adopting IoT in healthcare so far:
– the adoption of new healthcare services is highly dependent on reimbursement. While CMS in the USA implemented compelling policies for remote patient monitoring of elderly retired people in 2019, Europe had no similar plan and disparate policies only start to emerge now in individual countries. Policies make a huge difference and can either boost or inhibit IoT adoption in healthcare.
– healthcare and medtech are both highly fragmented industries compared with automotive or energy. While a seamless device interoperability between personal health devices and virtual care platforms is the number one success factor for IoT in healthcare, the software silos of medtech vendors were primarily designed for self-monitoring and stood in the way of IoT data collection by healthcare systems during the pandemic.
– the healthcare industry needs to preserve the privacy of its patients’ data while the business model of medtech vendors that are active in the home primarily relies on monetizing data by luring younger consumers into their mobile apps and proprietary clouds that are designed to be a vendor dead end. Putting IoT to work for care teams needs a rethink of how to best address privacy and security requirements with devices in virtual care.
– the population most in need of remote patient monitoring is above 65 years. Studies in the USA during the pandemic showed that 40% of it had no smartphone and was de facto excluded from most digital health initiatives. Bringing the device connectivity to the home via IoT devices that require no configuration by the patients and are provisioned by the physicians is required in order to include patients regardless of their social determinants of health (SDoH).
The CEO of Medisanté will outline in his session how abstracting in a single cloud a broad range of provisioned IoT devices designed for telehealth is the key to an accelerated adoption of IoT in healthcare and life sciences moving forward.
Medisanté is a Swiss-based global innovator in medical IoT that is also part of the French PariSanté Campus Healthtech ecosystem. It enables the hospital at home with global medical IoT by keeping the device experience simple and secure at scale in virtual care. Medisanté Hub
(M+ Hub), its global medical IoT cloud infrastructure on AWS, redefines device interoperability in virtual care and enables remote device monitoring (RDM) across country and vendor silos. It connects and manages a growing range of IoT devices and gateways over a private and global cellular network.
M+ Hub delivers medical IoT data “as a Service” to care teams in the 3rd party compliant platform of their choice and lets them scale remote patient monitoring (RPM) or decentralized clinical trials (DCT) with no compromise on security, privacy, or inclusion.
For more information, please visit: https://www.medisante-group.com/