It was a great week last week to attend Health 2.0, seems like a lot of company is showcasing the product they've build. There were few very impressive ones such as Healthline. CTO of United States as well as CTO of HHS were able to show up and give an very exciting session during first day, Mitch Kipor and Esther Dyson were able to give VC perspective on the 2nd day.
I use to work at Mitochon Systems, which is an Electronic Medical Record company that tries to connect Patients and the Doctors. I think there are 3 biggest problem that comes in with Healthcare systems.
1) FDA and all these government regulations, this slows down the process which kills a lot of creativity. For example, if I am to input my glucos level one by one into the cellphone, it is not regulated. But as soon as I am doing it automatically from a device, it is subject to government regulation which takes a year before you can release your product.
2) Need vs. Want, in IT world, we are focusing more and more on how to make people's life easier, if people don't want to use certain products, they simply dont use it. So we are making things as easy as it is to use for users. But in Healthcare, it seems that people are focusing a lot more on need, there are huge amount of "inputs" that doctors "needs" to do. This totally puts in more process than their current work, which is simply writing stuff on paper and be done with it.
3) Health vs. Healthcare, we all know that healthcare price is going up, and it becomes unaffordable for many of us. So one way we should be looking at is preventive care that citizens should do for themselves, so this way it would reduce amount of people that actually needs "healthcare" since more people will be "healthy". And this can be achieved through food and physical activity. It's not a fix to the problem but it can at least get people to be aware of what's going on.
Thanks Indu and Mathew for hosting Health 2.0 and gave me a great opportunity to attend such a wonderful event. I was part of Code-A-Thon team but my team was coding upstairs since it gets too loud downstairs. So if you were at the same event feel free to express your opinions