Ryan Beckland Shares the One Piece of Digital Health Advice People Can’t Afford to Ignore
In May, Enspektos, an innovation consultancy, will be holding the world’s first all-Web digital health conference, digihealth pulse Virtual 2014 (DHPV 2014). During the event, more than 25 innovators, entrepreneurs, futurists and others will share their wisdom about digital health’s present and future.
Ryan Beckland, co-founder and CEO of the Mark Cuban-backed startup Validic, is one of those participating in the conference. His company maintains a mobile health marketplace and recently launched Validic Labs to start tackling the data dissonance that exists between mHealth data producers and healthcare companies.
Prior to DHPV 2014, a number of speakers have agreed to answer the following question: What’s the one piece of digital health advice people can’t afford to ignore? The following is Beckland’s take on this question:
“The core of my advice is this: Stay focused on three key ideas: access, action and accelerate.
The healthcare industry is undergoing an undeniable and significant transformation. Healthcare reform, value-based reimbursement models, Big Data, population health management, patient engagement, care analytics, telehealth, patient health device usage, and additional factors have contributed to a major shift in the dynamics of the healthcare landscape. Furthermore, this has led to significant pressures on the industry’s key stakeholders: physicians, hospitals, health systems, payers, pharmaceutical companies, wellness companies, employers, health technology vendors, government entities, etc. As this dramatic shift is occurring, stakeholders are looking for the most efficient way to focus on the “triple aim” of healthcare:
- improving the experience of care
- Maximizing the health of populations
- Reducing per capita costs of health care.
As healthcare stakeholders move toward value-based care and try to accomplish their key strategic business imperatives, they are struggling to find ways to handle accessing and integrating the ever-growing population of patient health devices, wearables, and healthcare apps. There are over 100,000 mHealth apps and devices currently on the market, and this number is expected to explode to over 1,000,000 apps and devices by 2020. Health stakeholders are all asking themselves the same thing: “How do I easily access the data, how can that data be actionable, and how can this data best accelerate my strategic mobile health initiatives?”
Healthcare organizations are trying to figure out ways to obtain and integrate this data into their health information systems, as a means to emphasize wellness and prevention within their patient populations. This data needs to be standardized, clean, complete, normalized, secure, and actionable. Then, the data can be analyzed to provide better insights into care treatment plans, monitor patient behavior, improve financial management of their patient populations, and provide better connectivity across the entire continuum of care in their communities.
Validic’s mission is to addresses this challenge. For those unfamiliar with what we do, Validic helps healthcare organizations access important data, take action on this information and accelerate their operations using data-informed insights. I’m pleased to report that we’re helping a range of our clients access the data they need to deliver higher quality and more affordable care. And, because silos stifle collaboration and innovation, we’re working hard to provide health organizations and technology developers with an ecosystem they can use to connect and develop high-impact technologies.
My advice about how health organizations should improve access, take action on health data and use insights to accelerate their activities comes from our extensive experience working with various stakeholders across healthcare. Although healthcare organizations are trying to handle a multitude of initiatives simultaneously with limited resources, they need to stay focused on the key questions of the day:
- How do they achieve key business imperatives while leveraging the data from all of these mHealth devices and apps?
- How do they Access the information and ensure it is Actionable so they can Accelerate their strategic initiatives?
The companies that focus on using data in innovative ways and forge collaborations with others who can help them maximize their data assets will set themselves apart from their competitors and improve health globally. “
To learn more about the conference and Beckland’s talk, please click here.
We’d also love to hear from you. Share your thoughts on the one piece of digital health advice people can’t afford to ignore by commenting on this post. Then, tweet the following between April 10 and 16: “Here’s my take on the one piece of digital health advice people can’t afford to ignore [insert link to this post] #DHPV2014.” Enspektos will randomly select two people who comment and tweet their response to receive free tickets to DHPV 2014 after the contest ends on April 16. Please be sure to use the Hashtag #DHPV2014 so that Enspektos can track your responses.
Disclosure: HIT Consultant is a featured media partner of digihealth pulse Virtual 2014
