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Digital Transformation Piece by Piece: A Game Plan for the Unshakable Healthcare Payer

The 2017 Consumer Sentiment Survey, found that 32% of consumers now uses an app or their home PC to comparison shop for healthcare services, in comparison with 14% in 2012. Of that group, 80% rated the experience very or somewhat helpful. 28% of those surveyed turn to mHealth or the PC first for healthcare research, a 3% increase since last year. The only resource more often consulted is a primary care physician or nurse, at 45% – but that number has dropped 3% since last year. 36% of Millennials now use mobile apps as their first source of health information, and 44% are shopping for healthcare online.

Source - UHC

  “Our method for regulating digital health products must recognize the unique and iterative characteristics of these products. We need to modernize our regulatory framework so that it matches the kind of innovation we’re being asked to evaluate, and helps foster beneficial technology while ensuring that consumers have access to high-quality, safe and effective digital health devices. These pilot participants will help the agency shape a better and more agile approach toward digital health technology that focuses on the software developer rather than an individual product.”

-Scott Gottlieb, Commissioner, FDA
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Top 5 Barriers in Telehealth Expansion

1. Reimbursement: 59%
2. Cost/resources: 34%
4. click to continue

Source: Becker's Hospital Review
Venable: Digital Health Business Forum  Venable: Digital Health Business Forum

The purpose of Venable's digital health business forum is to provide an interest group comprised of digital health companies, and investors.
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