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What about the Medical Home? IBM's vision -- and whether concept is viable
June 4, 2009
IBM Outlines New Model for Healthcare | www-03.ibm.com
Empower the Primary Care Physician (PCP). Primary care is in serious jeopardy -- doctors are frustrated and a national shortage is worsening. The 'fix': a medical home concept to strengthen the primary care physician's ability to manage care for patients. The solution, supported in medical practices to include high quality information shared across all of stakeholders in the health ecosystem -- into the home, including patient and family. Provide pro-active, collaborative, coordinated care. Today's fragmented and non-communicative health care system requires us to coordinate our own care -- or do without it -- including prevention, wellness, acute, chronic, and long-term care. Such care can be provided with or without visits to the physician's office. Medical home strategies include enhancing linkage of enhanced electronic medical records with 'robust' decision support capabilities.
The Intel-GE Alliance -- What's it mean? Not too much...
April 14, 2009
Intel, GE Form Health-Care Alliance | online.wsj.com
announced this past week could get everybody in the tech industry excited. Even the business pundits that watch them are all aflutter about the possibilities for aging in place technology. I think some perspective is in order, though. Let's place this into a larger context. Investment is tiny and nearly inconsequential. According to GE-Intel: The market for "telehealth" and home health monitoring is forecast to grow from $3 billion in 2009 to an estimated $7.7 billion by 2012, according to GE and Intel. But apparently, GE does not plan to dominate the market near term. The giant firm reported $183 billion in total revenue in 2008. $17 billion was in healthcare -- medical equipment including CT, PET, MRI, nuclear, and X-ray imaging systems, sold to hospitals and medical facilities. Home healthcare is mentioned nowhere in their guidance to investors about what they're doing.
GE Healthcare & Living Independently Group -- Behavioral Health meets Aging in Place
September 29, 2008
GE Healthcare Forms Strategic Relationship with Living Independently Group | pressroom.gehealthcare.com
GE Heathcare announced on 9/24 "that it will distribute and co-market Living Independently's QuietCare products globally." QuietCare "alerts caregivers to behavioral changes that may signal potential health issues or emergency situations." This represents an intersection between the health and aging in place marketplaces.
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Medtech M&A activity accelerates in 2011
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