It is true that the pandemic has accelerated digital transformation in healthcare. The systems have been responding rapidly to successfully deliver healthcare provider-patient experience. A recent report by consulting firm McKinsey highlighted that US$250 billion in healthcare spending in the U.S. could shift to virtual care models in the wake of the pandemic. While this disruption was tough, healthcare organizations have been adopting new and improved technologies to ease the journey. However, the new normal on the horizon will come with an increased focus on solutions to help better predict patient outcomes, increase consumer connectivity, embrace evolving telehealth expectations and defend the next generation of medical IT infrastructure.
Keeping the same in mind, we bring to you the Top 50 Healthcare Technology CEOs of 2021 with an aim to help you enhance your knowledge on healthcare technology solutions and its adoption and integration, and share the experiences and stories of healthcare leaders and experts who have a track record of success. It will give you an insight on different healthcare tech solutions and tools that will release a positive impact on healthcare providers, patients, and increased revenue growth. We also hope this issue will help you assess your healthcare strategy and efficiently manage your patient experience, even during a crisis such as this.
Carolyn Starrett, CEO
Flatiron Health is a healthcare technology company that aims to improve lives by learning from the experience of every cancer patient.
Nic Klopper, CEO
Lexie Hearing® is an innovative game-changer in the US hearing aid market, and is on a mission to make healthy hearing accessible to everyone with an all-inclusive, affordable hearing care solution that includes quality, medical-grade hearing aids.
George Mahaffey, President & CEO
MiNDERA Dx conducts research and development on non-invasive molecular testing for skin cancer and other skin diseases.
Alyson Watson, Founder & CEO
Modern Health is a mental well-being platform for innovative companies offering therapy, coaching, and self-guided courses all in one app.
Philipp S. F. Wustrow, Co-Founder & CEO
Keith Elliston, President & CEO
PHEMI has developed a proprietary data privacy & governance platform that enables health organizations to unlock their data for innovation.
Eric Lefkofsky, Founder & CEO
Tempus is a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare.
Hamish Grierson, CEO & Co-Founder
Thriva offers a personalized at-home finger-prick blood test which enables individuals to easily track and improve health.
Lexie Hearing®, an innovative game-changer in the US hearing aid market, is on a mission to make better hearing accessible to everyone with an all-inclusive, affordable hearing care solution that includes quality, medical-grade hearing aids. The team at Lexie is passionate about helping people enjoy healthy hearing without the need to spend thousands of dollars, recognizing that too many people do not wear hearing aids because they are so expensive. That’s why Lexie Hearing® is changing the industry. They bring a great experience to customers with high-quality hearing aids, a customer care program that proves that people with hearing loss are at the heart of everything they do, and smart technology that gives customers control of their hearing experience.
What really sets Lexie Hearing® apart is its competitive pricing. By leveraging smart technology and remote care, Lexie hearing aids deliver the quality and features expected from premium hearing aids, at 80% less than the average industry cost.
Surgical robots are not a new name in the medical field. It has been serving the industry for years. But what’s new about it? It’s the latest iteration of robotic technology which has given impactful results in surgical solutions. The latest version of surgical robotics consists of a camera, monitor, extendable arms which are connected with the control console to give better precision, control, and flexibility to the operations. The robots contain four arms working simultaneously adding more accuracy to the work in minimal possible time. Willing to know more about the precision of robotic technology in the surgical area? Here are the answers to your question.
The pinpoint precision of robotics in the healthcare sector:
With the help of robots, high-end mapping of CT scans and MRI is possible. The robotic assistance can be directed with a single press of the button and it can operate severe operations flawlessly with more accuracy than the practitioner.
The word nano take us to the tiniest shapes but the measurement of nano is much smaller than what we expect. Nano can be defined as one billionth of something. The measuring scale of nano is recently been added to almost every business sector including medical sector. It is allowing the medical professionals to measure and study the tiniest particles like cell components, viruses, DNA, and more. With the help of nano technology, medical sector has developed sub microscopic labs, tools, tubes and robots. DNA is the most basic element of human body, with the manipulation of DNA a number of diseases can be treated effectively by having a great control over the growth of DNA. Use of nanotechnologies is done by using nanoparticles for the treatment for which nano-robots are developed in the form of medicines to revitalize the cellular parts of a body. There are certain diseases that require crucial substances for a particular cell development as a treatment of the disease, for example cancer. With the help of nanotechnology, particles are engineered which can effectively engage with the affected cells and repair it with a direct treatment.
Advancements in the medical sector is not hidden from anyone, every single eye in this world has witnessed a great transformation in the medical assistance and the medical professionals too. Innovation is sole reason for this excellent transformation of medical health sector. In the past few decades, medical industry has gone through several advancements, right from the scanning machines till remote medical assistance. A world technology is not a single element which is responsible for this giant change, but it has enclosed several innovations within this world. If compared to past decade, now we are answerable to a number of diseases which were unknown before a decade. Not only we have answers for those but also we have effective treatment for almost diseases. Technologies are not majorly developed for the medical sector, but with the help of great professionals and technological developments, now we are able to modify and utilize latest technologies in medical sector too, such as artificial intelligence, big data, virtual reality, augmented reality, sensors and many more. In the first view the above mentioned technologies take you to the gaming zone, finance department, or huge IT sectors.
If you take a survey then five out of every ten folk is struggling with some or other health disorder and two among those are at the critical stage due to late diagnosis of the disease. To put an end to this issue, a regular health checkup is required, so that you can understand your health condition and do the needful to get rid of it. But the question is “how many of us go to the medical practitioner for a routine healthcare checkup?” Answer will be very few. To avoid this condition, several scientists and inventors are trying to develop a device which will be handy and can be afforded by every single folk to practice their self-health checkup. The device is names as medical tricorder, a portable handheld device for diagnosing health conditions within seconds. The device is not available in the real world market but several brains are working for this great invention with an intension to upgrade the medical sector. Experts have developed a huge variety of devices to support the medical professionals diagnosing various types of diseases. Each type of disease has a distinct device and the operations of such device are known to the practitioners only. There is no such device which is capable enough to diagnose distinct types of health conditions.
A new era of telemedicine has been emerged with the advancements of technology and its use in the healthcare industry. Evolution of technology has enabled health care professionals to provide more promising treatments to the patients regardless of their location and situation. If you talk about the impact of technology over the healthcare sector then it is countless, but few major transformation that has been brought by the technological growth are access to the best medical practitioner anywhere from the world, immediate medical assessment of a patient, latest treatment technologies and many more. Incorporation of digital platform is one of the best advancements in medical and also a great reason for the change of medical phase. Health records must be kept for years and years, because any further treatment may require the details of your health record or any type of treatment taken by the patient in his medical history for an effective and also safe treatment. Keeping such records manually is really a tough task for a folk. Now, technology has a solution for this problem as it have given an option to save health records along with the health checkup reports in the cloud system.
When Electronic Medical Records (EMRs) were introduced in the early 1970s the vision was clear: digitizing patient records would make healthcare more efficient, and better for the patient and provider. Fast forward to today—we’ve come a long way towards the goal of a better system, but we aren’t quite there. We’ve identified the industry’s pain points, and laid the groundwork for solutions. Widespread adoption of the three healthcare tech ideas below will be crucial to building a healthcare system that is better for patients and the clinicians alike. In 2018, the Centers for Medicare and Medicaid (CMS) renamed “Meaningful Use” to “Promoting Interoperability”, which is a good indicator that we are inching closer to greater efficiency in healthcare. Essentially, interoperability means the ability for health information systems and software apps to communicate, exchange data and use the data they’ve shared. “Digitizing healthcare” was initially driven by revenue optimization and then care standardization. Clinical efficiency seems to be the forgotten promise but will ultimately be one of the most meaningful outcomes. While EMRs have made huge strides in digitizing healthcare and allowing for data to lead the way, they haven’t always communicated well with each other or other technology. Enter Fast Healthcare Interoperability Resources, or ‘FHIR.
Apps, and their use for the promotion of health and wellbeing, are the subject of increasing interest and enquiry; particularly in light of the NHS’ Long Term Plan, and ever-increasing pressures on scarce NHS resources. But finding and downloading effective, engaging, and most importantly, safe health-apps, is a significant challenge. While many have suggested that health-apps could be a ‘silver-bullet’, aimed at quashing the woes that stem from decreasing funding and increasing demand for incumbent NHS services, it is important to tread with caution. Unlike pharmaceuticals, over the counter remedies, talking therapies, physiotherapy or surgery, health-apps can not only be sought, but readily obtained in absence of gatekeeping and safeguarding. The result is that you or I can download upwards of 200,000 health-apps today, with as little as a click of a button on the app-store. While this can be argued as the unique value-proposition of app-based health technologies, a lack of guarantees regarding the quality and content of such apps, means that this open-access feature of apps also represents the chief concern; and is likely limiting the enthusiasm with which healthcare professionals engage and promote their use.
In a properly functioning brain, both hemispheres communicate equally and at lightning speed, millions of times per minute. In a poorly functioning brain, the left and right sides of the brain only impart partial information, causing frequent miscommunication. This is called Functional Disconnection and is the root of many types of learning, behavioral and social problems found in children. The Brain Balance program puts the left and right brains back in sync using sensory motor exercises, academic skill building, and nutrition guidelines. The assessment consists of sensory, motor, and academic testing of more than 900 functions. The outcome of this assessment is a highly customized report providing parents with a complete understanding of their child’s behavioral, social, and academic skill levels. We use AI to determine which brain hemisphere we believe to be stronger or weaker. The Machine Learning algorithm used for the assessment is not always accurate, which we know based on the feedback from our staff—yes we let them disagree with the system, which is intended as a tool to help them support their own assessment, but not to necessarily force them into a decision they don’t agree with.