Internet of Medical Things (IoMT) & Health Care

Internet of Medical Things (IoMT) & Health Care

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Description:

“The health care and life sciences industries are in transition from reactive and largely episodic models of care that are proving increasingly costly and inefficient to operate, to care models that are proactive, digitally-enabled and deliver better value for patients.

Medtech companies and the IoMT can capitalise on the possibilities presented by these changes to help to connect patients, providers and payers and enable them all to become more patient centric, productive and cost effective. The industry faces a number of systemic challenges and opportunities that needs to be addressed for the full value of the IoMT to be realised. These include:

  • Developing an in-depth understanding of end users.
  • Developing new funding, business and operating models.
  • Understanding interoperability requirements.
  • Maintaining cybersecurity.
  • Successfully navigating regulatory change.
  • Attracting digital talent and building digital capability.
  • Maintaining trust in a digital age.
  • Improving the adoption of medical technology at scale.
  • Collaboration between health care providers and medtech.

The presentation will focus on international case studies where IoMT has successfully been implemented.

Key Words

Medtech, Internet of Medical Things (IoMT), Clinical Advantage, Broader Value Creation, Operating Leverage

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