Future of Healthcare: How IT Savvy Power Patients Will Drive a Healthcare Revolution. Dorman Followwill Partner Frost & Sullivan

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1 Future of Healthcare: How IT Savvy Power Patients Will Drive a Healthcare Revolution Dorman Followwill Partner Frost & Sullivan

2 Forces Shaping the Future of Health, Wellness and Wellbeing Molecular & Personalised Medicine Proficient Use of Information (ehealth) Access Cost & Quality Of Care Technology People Processes 2

3 Access to Care Europe (EU-25) 472M population 2.8M hospital beds 4.6 beds/1000 people 3.9 Doctors/1000 people 14,819 hospitals China 1.3B population 3M hospital beds 2.2 beds/1000 people 1.4 Doctors/1000 people 60,396 hospitals USA 300M Population 1M hospital beds 3.2 beds/1000 people 2.6 Doctors/1000 people 5,794 hospitals India 1.1B population 0.8M hospital beds 0.7 beds/1000 people 0.6 Doctors/1000 people 13,896 hospitals Japan 127M population 1.8M hospital beds 9.9 beds/1000 people 2.7 Doctors/1000 people 7,785 hospitals 3

4 Cost of Care Private Per Capita Spending (2009) Public Per Capita Spending (2009) Private Per Capita Spending (2009) Public Per Capita Spending (2009) Private Per Capita Spending (2009) Public Per Capita Spending (2009) Private Per Capita Spending (2009) Defence Spending as % of GDP (2009) Spending as % of GDP (2009) Spending as % of GDP (2050) Spending as % of GDP (2009) Spending as % of GDP (2050) Spending as % of GDP (2009) Spending as % of GDP (2050) $7,000 $7,000 $7,000 $7,000 $6,000 $6,000 $6,000 $6,000 $5,000 $5,000 $5,000 $5,000 $4,000 $4,000 $4,000 $4,000 $3,000 $3,000 $3,000 $3,000 $2,000 $2,000 $2,000 $2,000 $1,000 $1,000 $1,000 $1,000 $0 $0 $0 $0 $3,617 $3,307 $817 $4,005 $1,784 $954 $780 $1,079 $860 $1,014 $2,618 $2,875 $2,541 $2,844 $2,726 $2,758 $1,118 $2,266 $594 $2,968 $1,265 $2,027 $549 Compare with Defence spending $452 $693 $531 $750 $746 $2,716 $2,446 $2,056 $2,097 $1,937 $1,917 $617 $1,552 $149 $252 $468 $491 30% 30% 30% 30% 25% 25% 25% 25% 20% 20% 20% 20% 15% 15% 15% 15% 10% 10% 10% 10% 5% 5% 5% 5% 0% 0% 0% 0% 4

5 Quality of Care Canada Aging hospitals need retrofit services to lower infectious disease risk Access problems due to cost 25% Coordination problems 25% Medication errors 29% United Kingdom 8% of UK patients believe that they were given the wrong medication in the last 2 years. Access problems due to cost 13% Coordination problems 20% Medication errors 20% Netherlands India U.S. Pneumonia and blood-borne infections - killed 48,000 patients and cost $8.1 billion in 2006 Access problems due to cost 54% Coordination problems 34% Medication errors 34% Access problems due to cost 7% Coordination problems 14% Medication errors 17% Australia 66% of the 4.2B annual injections are non-sterile or unsafe WHO estimates that at any one point in time, 1.4M patients suffer from hospital-borne infections Don t visit public hospitals literally could kill you if you are from the West Access problems due to cost 36% Coordination problems 23% Medication errors 29% New Zealand Access problems due to cost 31% Coordination problems 21% Medication errors 25% 5

6 Balance Between Young and Old is Shifting 6

7 Emphasis of Care Shifting from Treatment to Early Detection More Emphasis on Diagnosis, Monitoring, and Prevention 100% 80% 60% 40% 20% 0% Healthcare Spending by Type of Activity Prevention Diagnosis Treatment Monitoring Source: Frost & Sullivan analysis 7

8 Future of Health, Wellness and Wellbeing A modern healthcare system is on the horizon, demanding a paradigm shift From......To One Size Fits All Approach Personalized Medicine Fragmented, One-way Patient Info Integrated, Two-way Provider Centric Focus Patient Centric Centralized Hospital Monitor De-Centralized Shift to Community Invasive Treatment Less Invasive, Image-based Procedure-based Reimbursement Episode-based, Outcome-based Treating Sickness Objective Preventing Sickness Wellness 8

9 Future of Health, Wellness and Wellbeing: Power Patient Centric Connected Health EcoMedicine Web of Care NanoMedicine Pre-emptive Medicine Regenerative Medicine Digital Medicine Doctors & Medical Team Coaches & Advocates ehealth Advisor NanoCare Network Friends & Family Online Support Communities Mobile EHR Self Care My Health & Wellbeing Databases Implantable ecare Diet & Nutrition Humour & Smart Joy ehomes Lifestyle & Stress Reduction Mind Body & Spirit Exercise & Fitness Wearable BioSensors Health Robots Decision Support Source: Douglas Goldstein and Peter Groen, Medical Informatics20/20, published by Jones and Bartlett

10 Wearable Devices Media/Entertainment Wellness Devices Smart Living Connected Accessories - PC Watches Future of Health, Wellness and Wellbeing: Power Patients Deploying Smart Consumer Devices Holographic TVs Sports Accessories Digital Helmets Smart Thermostats (Nest) Bluetooth Shirts 3D Immersive Theatre Mobile Health - Hand Bands Smart Washing Machines Augmented Reality Contact Lens Flexible Media Devices Wireless embedded medical sensors Android Powered Ovens 10

11 Contact Information Dorman Followwill Partner, Director Europe & Practice Director, Healthcare (+44)

12 Contact Information Dorman Followwill Partner, Director Europe & Practice Director, Healthcare (+44)

13 Contact Information Dorman Followwill Partner, Director Europe & Practice Director, Healthcare (+44)

14 Contact Information Dorman Followwill Partner, Director Europe & Practice Director, Healthcare (+44)

15 Contact Information Dorman Followwill Partner, Director Europe & Practice Director, Healthcare (+44)

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