AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 Empowering Genomics Via Blockchain Technology Ingrid Vasiliu-Feltes, MD MBA FACHE FAPA MEDNAX INC.- Healthcare Solutions Partner. @socialnamehere @socialnamehere @socialnamehere @socialnamehere www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 About Me Physician Executive Healthcare Futurist Speaker Consultant Rebel With A Cause Areas of Expertise: ✓ Clinical Research ✓ Population Health ✓ Genomics ✓ Precision Medicine ✓ Telehealth ✓ Alternative Payment Models ✓ AI ✓ Ethics ✓ Blockchain www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 What? What is Blockchain Technology? Genomics Blockchain 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 ). 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). www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 What? Genomics Blockchain Blockchain Technology • Market size: $57B &CAGR 69.4% from 2019-2025 • Top 10 Healthcare applications • Differentiator from other databases Genomics • Market size: $32B & CAGR 10.8% from 2019-2025 • Latest technological advances: WGS pricing <$1000/sample • Latest clinical developments: CRISPR-Cas9 prime editing 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 @socialnamehere @socialnamehere @socialnamehere @socialnamehere 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 @socialnamehere @socialnamehere @socialnamehere @socialnamehere www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 Why? Population health Data exchange Patient-centric ecosystem Impact of Genomics on Precision Medicine/Pop Health • Market size CAGR • Healthcare applications 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) www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 How? Large Scale Whole Genome Sequencing Large Scale Blockchain Technology Scaling Whole Genome Sequencing • Challenges: cost, informed consent, lack of trust, ethical • Opportunities: prevention, faster process, larger impact Scaling Ledger Technology • Challenges: cost, lack of understanding/skilled executives, interoperability • Opportunities: transaction speed, security, immutability, transparency, access www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 Who? Stakeholders Partners/Facilitators Stakeholders • Patients • Providers • Hospital Systems • Health Plans • Life Science Companies Partners/Facilitators • IT companies • Financial Institutions • Healthcare Retailers • Employers www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 5 Elements of Success! Feasibility Analysis Strategy Continuous QA/QI/PI ROI Think Big ✓ 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 www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 Message You Can Share… ✓ CORRECT MYTHS ABOUT BLOCKCHAIN ✓ BREAK THE SILOS OF HEALTHCARE ✓ FOCUS ON WELL-CARE & PRECISION MEDICINE ✓ OPTIMIZE GLOBAL POPULATION HEALTH www.aimed.events/northamerica-2019/
AIMed NORTH AMERICA, CALIFORNIA 11–14 DECEMBER 2019 Q&A… ?????? www.aimed.events/northamerica-2019/
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