Creating Value in Healthcare through Disruptive Social and Mobile Innovation

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Social Media and Mobile Health Creating Value March 6, 2012

description

On March 6 2012 we hosted an Innovation Session in our South San Francisco Accelerated Solutions Environment (ASE) center, to explore the topic of “creating value in healthcare through disruptive innovation” (see video here or at the end of the post). The conference was co-sponsored by Wilson Sonsini Goodrich & Rosati (WSGR), the French American Chamber of Commerce (FACC) and the German American Business Association (GABA). Among others, we invited Intel Capital, Sony Mobile Communications and Happtique to give their perspective on how social and mobile innovation can help improve quality of care and contain costs.

Transcript of Creating Value in Healthcare through Disruptive Social and Mobile Innovation

Page 1: Creating Value in Healthcare through Disruptive Social and Mobile Innovation

Social Media and Mobile Health

Creating Value

March 6, 2012

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2 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

Many Thanks to the Event Organizers and Sponsors!

Anita Melikian (WSGR and FACCSF, LS Committee co-Chair)

Benoit Berthoux (Capgemini Consulting)

Brynhild Dumas (FACCSF, Executive Director)

Caroline Raynaud (GABA, Executive Director)

Edda Mihaescu (GABA, LS Committee co-Chair)

Gabriel Paulino (FACCSF, LS Committee co-Chair)

Marie Bayaut (FACCSF)

Morgan Desvignes (FACCSF)

Stefanie Bastian (GABA)

Thomas Celerier (Capgemini Consulting and FACCSF)

Ulrike Ruppelt (GABA, LS Committee co-Chair)

… and the entire GABA and FACCSF Teams!

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3 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

Agenda

Introduction

Keynote speakers:

– Vibhor Rastogi, Investment Director, Intel Capital

– Peter Kacandes, Senior BD Manager, Sony Mobile

Communications

– Paul Nerger, CTO, Happtique Inc

– Nick Hayes, President, Influencer50

Panel Discussion / Q&As

Wrap-up

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4 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

US Health Care costs have been rising over the past 50 years,

currently increasing at 2-3 times the rate of inflation…

Total US Health Spending

and its Percent Share of GDP

5.20%

7.20%

9.20%

12.50%

13.80%

16% 16.60%

17.60%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

0

500

1000

1500

2000

2500

3000

Sp

en

d a

s a

% s

ha

re o

f G

DP

Healt

hc

are

sp

en

d in

Bil

lio

ns

Source: Centers for Medicare and Medicaid Services (CMS), Office of the Actuary

Life expectancy

and Health Spending per Capita

Source: Economic Policy Institute, 2007

…Without translating into superior Quality of Care

when compared with international benchmarks

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5 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

Research

Patients

HCPs

Channels

Public /

Private

Payers

LS

Industry

Rising costs /

Health Care

Reform

Scientific

Innovation /

Patent Cliff

Patients

Empowerment

Growth in

Emerging

Markets

Social

Platforms,

Communities

Electronic

Health Records

Smart

Packaging,

RFID

Cloud-based

Infrastructure

Govern-

ment

Cost Quality

How can Digital Innovation Help Create Value

in a Complex and Evolving Health Care Ecosystem?

Disruptive Health Care

Trends

Disruptive Digital

Innovation

Health Care Ecosystem

Consolidation

Smart phones,

Tablets, Apps,

Telemedicine

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6 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

#1 60%

81 25%

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7 Social Media and Mobile Health - Creating value © Copyright Capgemini 2012 All Rights Reserved

Vision Execution

What unmet needs are we trying to answer?

– Disease prevention and adherence

– Product integrity

– Clinical decision making support

– ….

What is the current level of maturity of these

technologies?

Should the vision be regional or global?

How to align incentives to drive technology

adoption?

How to overcome current technical feasibility

challenges?

How to protect privacy and confidentiality of

Patient personal health data?

What are successful case studies?

Improving Quality and Cost of Care through Digital Innovation

Their Perspective

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Benoit Berthoux

Head of Life Sciences

West Coast Practice

4000 Shoreline Court, Suite 210

South San Francisco, CA 94080

Mob.: +1 415 200 9859

[email protected]

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Investing in

Global Innovation Mar 05, 2012

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FINANCIAL

Intel Capital Mission

Enhance Intel’s Strategic Objectives By Making and Managing Financially Attractive Investments

STRATEGIC

A Stage Agnostic and Long-Term Investor

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Investing In a World of Possibilities

Enterprise and Cloud

Mobility

Software and Services

Intelligent Systems

Ultrabooks Tablets

Smart Phones

AppUp Center™ Cloud Computing & Security

Visual Computing & Open Source

Servers, Networking & Storage Manageability & Virtualization Data Centers & Cloud Services

Digital Signage Connected Car & IVI

Home Energy Management

Digital Media & Entertainment

Consumer Internet

Manufacturing Memory

Cleantech Greentech

Content Delivery/Services Gaming & Education

Advertising

e-Commerce Social Media & Mobile Web

Enabling Platforms

Grid Infrastructure Smart Commercial Buildings Microgrids & Communities

Semiconductor Process EDA Tools & IP

Non-Volatile Memory

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Intel Capital’s Investment Criteria

When making investments, we look for:

● Innovative technology and usage models

● Strategic interest to Intel

● Strong management teams

● Addresses rapidly growing and sizable markets

● Exit opportunity

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6 IPOs 28 Acquisitions

51% Outside N. America

74 International Investments

Intel Capital Investments

2011

Historical

158 New Deals

$526M

194 IPOs 289 Acquisitions

36% Outside N. America

51 Countries

1,212 Deals

$10.4 Billion

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2011 Investments

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*Other marks and brands are property of their respective owners

2011 Intel Capital Exits

34 Portfolio Company Exits: 28 M&A and 6 IPOs

USA

China India Netherlands

Japan France UK Israel

China: NASDAQ

China: NYSE

China: GTSM

Poland: GPW

Taiwan: GTSM

Taiwan: TSEC

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Intel Offices

Intel Capital Invested

Intel Capital Offices in 26 countries Investments in 51 Countries

Intel Capital Global Presence Invested $10.4+ Billion in 51 Countries

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Successful Investments

*Other marks and brands are property of their respective owners

Helping to Support Successful Global Businesses Since 1991

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Global Investment Syndicate

*Other marks and brands are property of their respective owners

Worldwide Co-investors Providing Ready Access to Growth Capital, Global Market Reach, Board Members and Advisors

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Intel Capital Technology Days

Delivering value for customers and portfolio companies

*Other marks and brands are property of their respective owners

Ver. Dec 2011

Shortcuts the Corporate Technology Evaluation Cycle by Directly

Connecting Portfolio Companies with Industry Executives

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Intel Capital’s Unique Advantages

● One of the largest technology venture capital organizations worldwide

● Invests at all stages in private and public companies

● Leads investment rounds, takes larger stakes, actively participates on boards

● Speed and agility to make quick decisions

● Global brand recognition

● Committed to portfolio company success

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Provider and Payer Technologies

• Pay for Quality vs. Pay for Volume

driving adoption of risk based entities such as ACOs

• Cloud based Ambulatory and Hospital EMRs lowering cost of adoption of clinical technologies and digitizing the HC ecosystem

• Big data for Clinical decision support an interesting new trend

• Payers trying to become more consumer focused in anticipation of rollout of HC reform in 2014

Source: Oppenheimer, Frost and Sullivan, CMS, Morgan Keegan

Representative Portfolio

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Remote Patient management

• Aging populations: 65+ expected to reach 53M by 2020 and 80M by 2050 in the US. This long term demographic trend a key driver for the remote patient monitoring market

• In place aging – There is greater desire on part of individuals and families to age in place. Remote patient management provides this flexibility

• Treatment of Costly diseases - Chronic heart failure (CHF) one of the most common causes of hospitalization for elderly Americans, and is also one of the nation’s most costly conditions to treat. Remote patient management effective in preventive treatment of patients

Representative Portfolio

Source: ABI Research

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Consumer and Mobile Health

• Smartphone adoption • Hundreds of million smart phones have the potential to be used for sensing and transmitting HC data

• Mobile PHR adoption accelerated by EHR adoption and potential for integration via standard data interfaces

• Increasing consumerism • Twice as many Gen-X and Gen-Y consumers want to access and maintain their PHRs using a mobile device than do Baby Boomers and Seniors

• 50% of consumers in a recent study want a personal monitoring device to alert and guide them to make improvements in their health or treat a condition

Representative Portfolio

Source: PWC

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Bioinformatics and Genomics

Key Focus areas

• Genomics

• Proteomics

• Bioinformatics and bioanalytic portals

• Molecular modeling

• Computational chemistry

Representative Portfolio

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Investing in Global Innovation

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26 CONFIDENTIAL

Mobile Health - Sony Mobile Communications

Peter Kacandes, Sr. Business Development Mgr. 2012

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CONFIDENTIAL

Who we are

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The Communication Entertainment brand

Making

people smile

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CONFIDENTIAL

Founded in1946

Global company with headquarter in Tokyo

World's leading electronics and entertainment

company

Chairman, CEO and President: Sir Howard

Stringer (also Chairman of the Board for Sony

Ericsson )

36.8B USD market cap as of Feb 28, 2011

169,900 employees as of Dec.31, 2010

1979 - First “Walkman” launch

1982 - World’s first CD player launch

1988 - CBS Records (later SME) acquired

1989 - Columbia Pictures (later SPE) acquired

1994 - First PlayStation® launch

1996 - Digital camera “Cyber-shot” launch

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The new generation Xperia™

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Differentiate

Sony’s expertise inside

without with

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Integrate

Beautiful and easy-to-use smartphones

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CONFIDENTIAL

Key Technologies for Mobile Health/Medicine/Fitness

• Communications

• ANT+

• NFC

• Wearable Computing

• Sensors

• Devices

• Connectivity

• Backend Services in the Cloud

• Social

The Quantized Self

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CONFIDENTIAL

ANT +

• Compact (small stacksize)

• Scalable (supports complex network topologies)

• Flexible (supports ad hoc network reconfiguration)

• Focused (not a standard development organization)

• Proven (millions of nodes delivered)

• Continua use case requirements for Body Area Networks

(BAN) including:

• Proven Ultra-low Power

• Co-existence with nearby networks

• Small memory size

• Support Range and data transmission rates

• Number of devices on network

• Mobility

• Ad hoc capability

• Frequency agility

Key Features

• ANT+ Interoperable Product Examples • Wrist-mounted instrumentation

• Heart Rate Monitoring (HRM)

• Speed and Distance Monitoring (SDM)

• Bike computers

• Health and wellness monitoring devices

• Industrial sensors

• Low data-rate communications

• Active RFID

• Location-based services

• Utilities wireless Automated Meter Reading (AMR)

• Smart toys

• Automotive instruments

• Remote Control

• Central control of power devices

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CONFIDENTIAL

Example: Continuous Blood Glucose Monitor

• ANT+ Transdermal

Sensor and Android

recording/reporting

application (FDA

approved)

• FDA approval for app

expected in March

• Studies show up to $40K

savings per year through

better control

Dexcom

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CONFIDENTIAL

NFC – Near Field Communications, Sony Dynamic Tag

• The Spirit System is a complete technology

system that includes:

• (1) Hardware

• (2) Software

• (3) Project-based, progressive cross-curricular and

nutrition curriculum

• (5) Ongoing support

• The system integrates into already established

learning techniques and efforts for school physical

education programs, corporate wellness, individual

and group training. The results of using the system

lead to better and more effective utilization and

integration for all individuals involved in the

program.

• We offer ala carte’ or bundled solutions, which

allows simple implementation of our software with

other technologies, along with training and a state-

standard aligned, project-based curriculum and

numerous resources for long-term success.

Health Sensors, too. Not Just Commerce

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CONFIDENTIAL

The Quantized Self

• If you want to change or improve

something, then you have to

measure it and track it

• Adapting methodologies of Six

Sigma and TQM to the self

• Simplified and made mass

accessible by mobile tech

(phones/apps/services/sensors)

Gathering and analysing data about their everyday activities

to help them improve their lives

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CONFIDENTIAL

Key Issues for Successful Mobile Health Apps

• Interoperability

• Integration

• Intelligence

• Outcomes

• Socialization,

• Engagement

• Predictive

• Preventative

• Personalized

• Participatory

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CONFIDENTIAL

Opportunities for Mobile in Health and Medicine

• Patient/User Driven/Centered Care

• A Mobile handset is the most personal device and the most likely to always have with

them

• Immediacy

• The mobile handset makes it possible for the user to have immediate feedback

information about their issues/condition

• Action

• Allows the user to take action quickly

• Control

• Helps user to keep tighter control of metrics has huge impact on outcomes and

potential for cost reduction

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CONFIDENTIAL

Xperia NFC SmartTags

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CONFIDENTIAL

Xperia NFC SmartTags

• "All the new [Xperia] devices come equipped with NFC and to help

connectivity across mobile devices and in the home [Sony] has also

launched 'smart-tags,'" Informa principal analyst Dave McQueen said in

a statement.

• "Based on NFC and offered in packs of three, users can set up profiles

via the smartphone for individual smart-tags depending on a

requirement, such as connectivity in-car or with a music system. These

take a shortcut to the benefits of near-field connectivity, offering a much

more practical and easier proposition to the end user."

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mHealth App Stores for Hospitals, Clinicians, and Patients

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Mobile Health Market is Taking Off Now 11% Increase in pharma mobile projects since ’06 (E&Y)

30% US Physicians w/ and iPad (Manhattan Research)

31% Medical Device patents that include

wireless (CC)

35% US adults with a smartphone (Pew)

$84M 2010 sales for medical apps

(Kalorama)

600M health apps downloaded in

2012 (Pyramid)

$718 Million in 2011 Generated by health apps and mobile health devices (research2guidance)

63% of physicians are using

mobile health solutions that are not connected to their practice or hospital (PWC)

85% of patients want to

receive their mHealth apps from their healthcare providers and the clinicians that they trust (PWC)

44 How will you tap into your staff’s and patient’s mobile devices?

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Happtique’s Mission Become the go-to destination for healthcare

professionals for learning about and purchasing mobile Health (mHealth) apps, devices, and solutions

Help the worldwide medical community lower the cost of healthcare while simultaneously improving the quality of care and the quality of life through the use of mobile technologies

Provide a simple yet effective means of prescribing mHealth technology to patients by their care providers that will improve their condition

We are here to help providers with an mHealth Strategy

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4 Problems

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Poor Health App Categorization

Can’t Provide and Manage Apps & Devices for Staff

Don’t Know the Quality of Apps

Providers Can’t Provide Apps to

Patients

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1 Solution

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Leadership in cost reduction and achievement of outcomes are vital mHealth is a pathway to this Leadership

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3 Products - 3 Markets Served

Enterprise Edition

Empower healthcare enterprises to leverage mHealth technology to improve the quality of

care while reducing costs

Professional Edition

Provide access to mHealth technology for

individual healthcare professionals

Patient Edition

Enable patients to help manage their own health using

mHealth technology in partnership with

their healthcare providers

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Hospital Substore Your own Hospital

Branding Private Catalog

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mRx – Prescribing Health Apps

Buttons on menu bar to share and prescribe an app

Sends a mobile app prescription to the patient after confirming physician’s license details and signature via email

Patient includes insurance and co-payment details

Automatic app payment via co-pay, credit card and insurance reimbursement

Patient receives email with app link

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mRx

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10,00+ Apps

iTunes Curating and Indexing

Medical Health & Fitness

Apple App Store and Android Marketplac

35,000+ Apps

Happtique Professional Catalog

150+ Clinical Topics

15

0+

Pro

fess

ion

al A

ud

ien

ces

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App Certification Program

Blue Ribbon Panel Physician-Nurse-mHealth Technologist-Patient Advocate

App Certification Review Board

Set Standards for App Certification

Implement Program and Oversee Reviewers

Review Apps

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Happtique Vision Execution We provide cloud services that enable healthcare providers to tap into the mHealth eco-system to: quickly deploy your mHealth

strategy connect your staff, patients,

and payers through the cloud provide you with the catalog

of quality off-the-shelf apps that you can leverage

project you as a leading-edge Healthcare provider

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Happtique in the Market

Our Customers

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Paul Nerger

CTO, Happtique, Inc.

[email protected]