Health industry leaders need to be ready if they want to harness the technology for value-based care.
It’s essential for the industry to confront challenges such as security, interoperability and analytics if the technology is going to meet its promise of helping to improve quality and reduce cost in health care.
Internet of Things growing
With predictions calling for rapid growth in IoMT adoption, it is vital that health systems be prepared now.
A recent report estimated 87 percent of health systems will have IoMT technologies deployed by 2019. The value of that market is expected to reach $163 billion by 2020, Markets and Markets has reported.
At the same time, concerns are rising about the vulnerability of internet-connected medical devices to cyberattacks. The FDA has pointed to security of medical devices as an area of focus and health systems must be able to manage and analyze the influx of data from IoMT if they want to derive value from the technology.
Experts confront IoMT challenge
These topics were front and center during an IoMT webinar moderated by Rasu Shrestha, MD, MBA, chief innovation officer at UPMC and executive vice president at UPMC Enterprises.
The webinar was presented by the Center for Connected Medicine, which is committed to thought leadership on the future of digital health care.
“As care moves from bricks-and-mortar facilities to people’s homes, to their smart phone and their connected devices, care models will evolve from supply to demand-based systems, where 24/7 availability and ubiquitous digital data based interactions become the new norm,” Dr. Shrestha said.
“It is critical for us to ensure that we get ahead of the challenges around data and device interoperability, security and privacy, and new care models,” he said.
Dr. Shrestha was joined on the webinar – “Everything’s Connected: Harnessing the Internet of Medical Things for Value-based Care” – by three health IT thought leaders:
WATCH PART TWO OF THE IoMT WEBINAR SERIES: Health Care Takes On the Growing Cybersecurity Challenge