Through consumerization of healthcare, patients now have greater engagement with medical technology than ever before; healthcare providers are placing an emphasis on providing the most convenient, easily accessible and personalized care experiences to their patient base than at any point in history.
Across the globe, executives from leading healthcare organizations are participating in various panel discussions culminating in LSI Europe’s annual global summit focusing on how new and/or emerging technologies as well as innovative digital business models are changing how we deliver care.
Understanding the Consumerization of Healthcare
The consumerization of healthcare initiative focuses on improving access to, and making more patient-centric healthcare services available to millions of patients. Digital tools such as mobile applications, wearable devices, remote monitoring devices, or telemedicine allow patients to exert greater control over their health than they previously would have been able to exert. Some of the key factors driving this transformation include:
- Increased interest by patients for customized, personally-tailored healthcare experiences
- An explosion in the number of digital health platforms and development of new wearable technologies
- A proliferation of various forms of remote patient monitoring solutions
- An increased use of artificial intelligence-based tools to improve healthcare intelligence
These types of innovations are regularly addressed at LSI Europe through its various panel discussions or session presentations.
Digital Health Business Models Impacting
The Healthcare Marketplace New digital health business models are allowing both healthcare providers and startups to provide a greater degree of efficiency when delivering healthcare services and ultimately lead to improved outcomes for patients.
Widespread examples of Digital Health Models are:
• Subscription/Remote Monitoring
• Telehealth
• Artificial Intelligence Analytics
• Population Health Management Technology
These technologies are getting a lot of attention in terms of Investment from the Medtech Global Industry.
LSI Europe and Innovation in Health Care
As a member of the LSI Medtech Global Community, LSI Europe provides a partnership between Innovators, investors, and healthcare providers to work together on improving patient care with collaborative solutions to improve patient outcomes.
Through shared expertise throughout the Medtech community, the Medtech Conference is Europe allows people involved in healthcare delivery and technology to discuss their visions of how healthcare will be delivered in the future.