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Qualcomm Life Connect 2013 - Rick Valencia Welcome
- 2. © 2013 Qualcomm Life. All rights reserved.
Healthcare is a Critical Global Issue
Sources:
Balkrishnan,
R.
2005.
The
Importance
of
medica>on
adherence
in
improving
chronic
disease
related
outcomes.
Med
Care
43:517-‐520;
World
Health
Organiza>on;
McKinsey;
Pfizer;
Berg
Insight,
2009;
US
Department
of
Health
&
Human
Services
–
HHS
Ini>a>ve
on
Mul>ple
Chronic
Condi>ons.
*US
costs
only.
300M people in NA & EU have at least 1 chronic disease:
60%
With 2 or more
chronic diseases
50%
Benefit by handset
integration w/existing
devices
25%
Benefit by wireless
home monitoring
84%
Health spending is
toward chronic
conditions
Compliance
$300B*
Readmissions
$31B*
Chronic Disease
860M
Aging
600M
2
- 3. © 2013 Qualcomm Life. All rights reserved.
3
↓
45%
mortality rates
↓
20%
ER admissions
↓
53%
days hospitalized
↓
30%
hospital readmissions
UK
-‐
3
million
patients remotely
monitored in next 5 years
VA
-‐
$2,000 cost savings
per patient, per year
Source:
Steventon,
Adam
et.
al.
“Effect
of
telehealth
on
use
of
secondary
care
and
mortality:
findings
from
the
Whole
System
Demonstrator
cluster
randomized
trial”,
Bri>sh
Medical
Journal
(BMJ),
2012.
- 4. © 2013 Qualcomm Life. All rights reserved.
Qualcomm Life Ecosystem Partners
4
To
find
current
list
or
ecosystem
partners,
visit:
h1p://qualcommlife.com/ecosystem
270+customers and technology partners worldwide
Comprised of
- 7. © 2013 Qualcomm Life. All rights reserved.
7
James
R.
Mault,
M.D.,
F.A.C.S.
Vice
President
&
Chief
Medical
Officer
- 8. © 2013 Qualcomm Life. All rights reserved.
Market-Out of the Hospital, Into the Home
8
Cost
of
Care
per
Day
$10,000
$1,000
$100
$10
$1
0%
100%
Care
Coordina>on
Complexity
SHIFT
RIGHT
ACUTE
CARE
HOME
CARE
COMMUNITY
CARE
- 10. © 2013 Qualcomm Life. All rights reserved.
Team-based Care
10
Health Plan
Hospital
PBM
Health Information
Exchange Home Infusion
Physician Practice Home Health
Pharmacies
Patient and
Family Caregivers
H
- 13. © 2013 Qualcomm Life. All rights reserved.
13
Hospitals
Physician
Groups
Retail
Pharmacies
PBM’s
Specialty
Pharmacies
Home
Health
Nursing
Home
Infusion
Services
Payers/Health
Plans
Pharma
Manufacturers
Employer
Health
Providers
Family
Caregivers
- 14. © 2013 Qualcomm Life. All rights reserved.
14
DATA
AND
ANALYTICS
MARKETPLACE
HEALTH
SERVICE
PROVIDERS
PAYORS
CONSUMERS
Qualcomm
Life
Ecosystem
- 16. © 2013 Qualcomm Life. All rights reserved.
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