Hi, Kevin McDonnell here. Thank you for reading my latest newsletter. Every week I share my round-up of the most interesting stories from the world of Digital Health I've been reading so you can find the ideas, people, innovations and technologies that are shaping the future of healthcare. I hope you enjoy them! Happy reading! Don't forget to follow me or our page for more insights every day.
- How Can We Harness HealthTech's True Potential Beyond Big Data's Shadow - The article discusses the overreliance on big data in HealthTech, often overshadowing individual patient care. It advocates for a balance between data aggregation and personalised attention, emphasising the importance of integrating individual patient stories with big data to provide compassionate, effective healthcare.
- Embracing Technology's Potential for Mental Health Diagnosis - The article highlights the need for a tech revolution in mental health diagnoses, mirroring oncology's precision. It advocates for data-driven approaches to improve accuracy and personalisation in mental health care, envisioning a future of precision psychiatry for better patient outcomes.
- New Surveys Reveal Consumer Optimism in AI's Role in Healthcare - Recent surveys show consumer optimism towards AI in healthcare, with many believing it can enhance access and affordability. However, concerns about reliability and bias persist, highlighting the need for transparency and clinician validation in AI's integration into healthcare.
- Advancing the frontier of health and technology integration. The 2023 Digital Health Barometer - The 2023 Digital Health Barometer report explores digital health integration in ten countries, highlighting challenges in regulatory frameworks, healthcare strategies, and digital health inequality. It emphasises the need for user-friendly solutions, national strategies, and digital health literacy to advance healthcare technology effectively.
- NHS tech budget slashed by ￡300m to plug deficits - NHS England faces a ￡300 million cut in its technology budget to cover local financial gaps and COVID costs. This decision raises concerns about the impact on healthcare innovation and service delivery, highlighting the challenges of balancing immediate financial needs with long-term technological advancements in healthcare.
- RespiQ secures €4 million to accelerate breath diagnostics technology - RespiQ, a Dutch healthtech company, has received a €4 million grant from the European Innovation Council to advance its breath diagnostics technology for COPD patients. This funding will support the development of non-invasive, at-home monitoring devices, potentially transforming the management and care of COPD globally.
- UK's Groundbreaking ￡14 Billion NHS Deal Promises Enhanced Patient Access to Innovative Medicines - The UK's new ￡14 billion NHS deal, the VPAG, aims to make branded medicines more affordable while ensuring fair pricing. It promises significant savings and supports the UK's competitiveness in global healthcare and life sciences. The deal includes a novel affordability mechanism for older medicines and a ￡400 million investment in clinical trials and health technology.
- NHS Federated Data Platform Awarded to Palantir, Accenture, PwC, NECS, and Carnall Farrar - The NHS's Federated Data Platform, set to launch next spring, aims to improve patient care by integrating key NHS data. This ￡330 million investment over seven years will enable better resource planning and quicker patient care by consolidating real-time data like bed availability and elective waiting lists.
- NHS's AI System to Curtail Avoidable Hospital Admissions - The NHS is trialling an AI system to reduce unnecessary hospital admissions. Focusing on patients with complex health needs, the system identifies high-risk individuals, offering preventative care options. This approach aims to alleviate A&E pressures and improve healthcare efficiency, marking a significant step in healthcare management.
You might like these insights:
I hope you enjoyed reading this edition? Please feel free to share your comments below. If you know someone who would like it, why not share it with them??Don't forget to follow me or our page for more insights every day.
Kevin McDonnell, the founder and CEO of Datalla and author of "The Future Health' is an advisor, coach and consultant who helps HealthTech, MedTech, and Digital Health CEOs, Founders, and Entrepreneurs unlock potential, grow faster, and scale themselves and their companies.
Join a community of 72,000+ HealthTech leaders finding the ideas, people, innovations and technologies that are shaping the future of healthcare.
- Every Monday, an article exploring the future of healthcare.
- Every Friday, a roundup of the weeks news and developments.
There are two simple ways to subscribe:
If you have an interesting story, you can share it here, and if you would like to be part of the conversation that matters and reach those shaping the future of healthcare, you might be interested in sponsoring the newsletter.
