Empowering Genomics Via Blockchain Technology Ingrid - - PowerPoint PPT Presentation

Empowering Genomics Via Blockchain Technology

Ingrid Vasiliu-Feltes, MD MBA FACHE FAPA MEDNAX INC.- Healthcare Solutions Partner.

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www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Areas of Expertise: ✓ Clinical Research ✓ Population Health ✓ Genomics ✓ Precision Medicine ✓ Telehealth ✓ Alternative Payment Models ✓ AI ✓ Ethics ✓ Blockchain

About Me

Physician Executive Healthcare Futurist Speaker Consultant Rebel With A Cause

www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

What is Blockchain Technology? A time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain).

What?

Genomics Blockchain

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Genomic Medicine Definition Genomic medicine is an interdisciplinary medical specialty involving the use of genomic information that has rapidly grown since the completion of the Human Genome Project (HGP).

Blockchain Technology

• Market size: $57B &CAGR 69.4% from 2019-2025
• Top 10 Healthcare applications
• Differentiator from other databases

What?

Genomics Blockchain

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Genomics

• Market size: $32B & CAGR 10.8% from 2019-2025
• Latest technological advances: WGS pricing <$1000/sample
• Latest clinical developments: CRISPR-Cas9 prime editing

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www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

TOP 10 HEALTHCARE APPLICATIONS FOR BLOCKCHAIN

• 1. Revenue Cycle Management
• 2. Pharmaceuticals- Logistics, Supply Chain & Safety
• 3. Provider Credentialing
• 4. Genomics
• 5. Precision Medicine
• 6. Data Security
• 7. Data Ownership
• 8. Universal Patient Record
• 9. Value Based Care
• 10. Clinical Research

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www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Top 10 ADVANTAGES OF BLOCKCHAIN

• 1. Avoidance Of Systemic Waste/Abuse/Fraud
• 2. Avoidance Of Systemic Duplication/Redundancy
• 3. Access/Decentralization
• 4. Restricted Data Sharing
• 5. Automation
• 6. Scalability
• 7. Immutability
• 8. Transaction Speed

9. Proof of Ownership

• 10. Authority

@socialnamehere @socialnamehere @socialnamehere @socialnamehere

www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

@socialnamehere @socialnamehere @socialnamehere @socialnamehere

www.aimed.events/northamerica-2019/

AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Impact of Genomics on Precision Medicine/Pop Health

• Market size CAGR
• Healthcare applications

Why?

Population health Data exchange Patient-centric ecosystem

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Genomics Global Data Exchange

• Size of 1 Whole Genome: 125KB
• Global Data-marts
• Interoperability

Genomics Patient Centric Ecosystem

• Mobile Apps
• Customized Precision Medicine Solutions
• Bio-Identity/Internet of Bodies ( IoB)

Scaling Whole Genome Sequencing

• Challenges: cost, informed consent, lack of trust, ethical
• Opportunities: prevention, faster process, larger impact

How?

Large Scale Whole Genome Sequencing Large Scale Blockchain Technology

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Scaling Ledger Technology

• Challenges: cost, lack of understanding/skilled

executives, interoperability

• Opportunities: transaction speed, security,

immutability, transparency, access

Stakeholders

• Patients
• Providers
• Hospital Systems
• Health Plans
• Life Science Companies

Who?

Stakeholders Partners/Facilitators

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

Partners/Facilitators

• IT companies
• Financial Institutions
• Healthcare Retailers
• Employers

5 Elements of Success!

Feasibility Analysis Strategy Continuous QA/QI/PI ROI Think Big

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

✓ Feasibility Analysis: be ruthless… ✓ Strategy: choose the right use case… ✓ Continuous QA/QI/PI: there is always something… ✓ ROI: show me the $$$ ✓ Think Big: for both genomics and blockchain denominators are KING

Message You Can Share…

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019

✓ CORRECT MYTHS ABOUT BLOCKCHAIN ✓ BREAK THE SILOS OF HEALTHCARE ✓ FOCUS ON WELL-CARE & PRECISION MEDICINE ✓ OPTIMIZE GLOBAL POPULATION HEALTH

Q&A…

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AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019