The digital health space refers to the integration of technology and health care services to improve the overall quality of health care delivery. It encompasses a wide range of innovative and emerging technologies such as wearables, telehealth, artificial intelligence, mobile health, and electronic health records (EHRs). The digital health space offers numerous benefits such as improved patient outcomes, increased access to health care, reduced costs, and improved communication and collaboration between patients and health care providers. For example, patients can now monitor their vital signs such as blood pressure and glucose levels from home using wearable devices and share the data with their doctors in real-time. Telehealth technology allows patients to consult with their health care providers remotely without having to travel to the hospital, making health care more accessible, particularly in remote or rural areas. Artificial intelligence can be used to analyze vast amounts of patient data to identify patterns, predict outcomes, and provide personalized treatment recommendations. Overall, the digital health space is rapidly evolving, and the integration of technology in health

Monday, September 5, 2016

How Google Plans to Reinvent Healthcare -- The Motley Fool

Try, try again.  How Google has failed to suceed in entering the health care field.  It is not for want of trying. Perhaps because Google (Alphabet) is so large and cash heavy they fail to find and fill a need not already filled by hundreds of others. Google started with HealthVault as an early rendition of a personal  health record. Google continues to re-sort it's huge data mine.  Hopefully something will click....maybe IBM Watson can offer Google AI some advice.

The long and short of it

Apple, Microsoft, Intel -- virtually all the tech titans, in fact -- are now pursuing major initiatives in healthcare. A confluence of factors, such as digitization of records, machine intelligence, genetic engineering, and rapid advances in medical equipment, have made the field ripe for disruption from data-enabled, mobile-based, and miniaturized devices.
Even more enticing are the opportunities to massively grow revenue. The tech giants are billion-dollar companies, but healthcare spending is approaching $3 trillion annually in the U.S. alone. Looking globally, the World Health Organization estimates the annual expenditure at $6.5 trillion.
Bottom line: Despite the big carrot enticing it, Google has yet to come up with anything that can lay claim to changing healthcare. Although Alphabet could be a potentially interesting addition to your healthcare portfolio, it should be added with the understanding that there are many other pure-play companies with a much clearer path and investing thesis than Verily.
SanofiAbbVie, and Biogen  have also teamed up with Verily over the past few years. Big pharma hopes to tap into Google's data analysis tools, as well as license Verily's miniaturized medical devices (after they are developed), to tackle various disease targets. In a slightly different kind of venture, Johnson & Johnson has inked a deal with Verily to develop medical robots.
Verily through its parent Alphabet seems to be the banker for many spinoffs.  Must be a good write-off for the Google.  How about putting some of that money into direct care payment.
Now that is a foreign thought...to pay for patient care.All those trillions of dollars going toward paying for care.  What a novel idea !


The path is well worn. Google should use it's resources where it will do more good.







How Google Plans to Reinvent Healthcare -- The Motley Fool

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