Re-imagining Health in the Now, Next and Beyond
PSN Healthcare Innovation June 2020
Re-imagining Health in the Now, Next and Beyond PSN Healthcare - - PowerPoint PPT Presentation
Re-imagining Health in the Now, Next and Beyond PSN Healthcare Innovation June 2020 Introductions: Here with you today John Bethel Elaine McKnight EY National Health Practice Leader EY Victoria Practice Lead Public Sector & Health
Re-imagining Health in the Now, Next and Beyond
PSN Healthcare Innovation June 2020
Introductions: Here with you today
Page 2John Bethel
EY National Health Practice Leader
Elaine McKnight
EY Victoria Practice Lead Public Sector & Health Advisory
The traditional model of health is rapidly evolving
Page 3Point of care
Treatment centres where the patient is (at home); targeted follow-ups in medical buildings
Data ownership
Health data is owned by the patient and shared with other parties
Reference point
Treatment is personalized with precision medicine, empowering better engagement and adherence to health plans
Physician’s role
Physicians are guides for patients who are empowered to take control of their treatment and drive their own outcomes
Data analysis
Harness the power
multifactorial predictive analysis to give insights to patients and clinicians, which improves
Hospitals Home Institutions Patients Population Individual Authority Guide Silos Big Data
Organizations need to optimize today’s business, while innovating toward a more participatory model
Page 4INNOVATE AND ENABLE THE
HEALTH SYSTEM OF TOMORROW
CONTINUE TO OPTIMIZE THE
HEALTH SYSTEM OF TODAY
DUAL PATH
DRIVERS OF CHANGE
My Health Baseline Severity of episode My Health Baseline Severity of episodeHealth systems today focus on the supply side of the health paradigm –buildings, beds, doctors, nurses as examples. An “always on” participatory health model, distinguished by proactive self-management, higher reliability, and improved outcomes.
Consumerism Technology New Entrants Convergence Personalization Sustainability COVID-19
Transition economies Middle East & Africa Latin America Asia & Australasia Western Europe North America Global
2020 2015 Source: The Economist Intelligence UnitHealthcare spending, US$b (2015-2020)
Global health spending continues to increase…
Canada is above OECD with 11.5%
CA$6,604 per person
18% 12% 9% United States Canada OECD average
Healthcare spending as a percentage of GDP (2017)
Page 5By 2050, 1 in 5 people globally will be aged 60+
►In 30 years, the global population aged 65+ is expected to reach 1.5b
North AmericaAs the world grows older…
Rapidly aging population is a global phenomenon that will also critically impact health systems, driving up demand
An Aging World
In some regions including North America, ~25%
years old by 2030 (Showing proportion of population aged 60+ years, 2030)
6% 17% 20% 17% 25% Africa Latin America and the Caribbean Asia Oceania Europe Source: UN World Population Ageing 2015… heavier and sicker
Over US$1 trillion will be spent treating obesity and its co-morbidities each year from 2025
>2.2b people – nearly 30%
population – are either obese or overweight
Non-communicable diseases will cost the world economy an estimated US$47 trillion by 2030
►In 2015, 39.5m or 70%
communicable diseases (NCDs).
► In 2014, NCDs were estimated to account for 88%
total deaths in the US and 89% in Canada
25% Page 6The growing empowerment of the patient-consumer dominates an industry-wide power shift
Biopharma and medtech Patient-consumers Physician / care provider Payers Policymakers Technology Employers Retailers
Traditional power Future power Power shift
The highest valued companies today look very different from 2001
Only one company that made the top 10 list in 2001 -- Microsoft -- remains on it in 2020.
T
20 comp compan anie ies s by by ma mark rket et capit capitali alizati tion
2001 2019
Note: Green circle indicates health focus
COVID, has in 10 weeks, driven changes that the system has tried to make over 10 years… Virtual care and other technology adoptions; redesigned pathways focused out of the hospital; prioritizing mental health are all examples of how we must return to a new normal
Health systems will need to execute a restart while also recalibrating the
Several hospitals across the world are engaging driverless vehicles to deliver medicine and food, and robots to disinfect rooms —UVD Robots have sold ~60,000 self-driving disinfection robots in >40 countries
Robots aiding to maintain zero infection among medical staff and lowering patient fatality
COVID-19 has accelerated innovation and smart health globally
Several health systems and providers have launched telehealth consultation for their regular patients to prevent virus spread —Stanford Health Care witnessed a 50x surge in its CardioClick program televisits, 3,000 per day (40%
In Canada, more than 55%
up from 10-20% prior to COVID.
Virtual health and digital consultations
The need to isolate vulnerable seniors is driving the use of virtual tools, both for clinical service delivery as well as to provide critical social connections between LTC residents and their families. Toronto’s Women’s College Hospital is expanding its Virtual LTC+ program from 5 facilities to 33 LTC homes in the Toronto area.
Long-term care transformation
Digital contact tracing using mobile phones has been used effectively in South Korea, Taiwan and Singapore. MIT Media Lab has developed an app PrivateKit, that they claims protects privacy when digitally tracing. In the US, Providence St. Joseph partnered with Microsoft to build an AI enabled
and less threatening cases —the tool served >40,000 patients in first week.
Big data and artificial intelligence for screening and diagnosis
Achieving the new normal requires the right vision, the right plan and supporting recalibration across the system
Continuing to manage the response to COVID-19 while simultaneously considering the restart of the health system presents both unique challenges and opportunities to build on the disruptive transformation that COVID-19 has accelerated. Organizations face a number of key challenges as they consider the restart of services with the continued prevalence of COVID-19: ► An urgent need to focus on LTC provision ► Managing backlogs for elective surgeries and other services putCurrent challenges
We have a short window ofRapid execution
Transformational ChangeThe
Recover and Reimagine Plan
2. Operational restart Bringing the system backEmerging post living with COVID innovation playbook
Page 13Closing window
Quick fixes are not necessarily long-term solutions From response to transformation It’s not only about technology Sustainability is paramount “Find a new way”
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