Important Industry News
January 2017 Financial Technology, Data, and Analytics
Apple announces CareKit, an app Tooklit for hospitals.
Apple announced that it would take its ResearchKit framework and spin off a new, similar offering called CareKit, an open source toolkit for hospitals and health systems. CareKit will launch with two applications: one for home monitoring of Parkinson’s, and one for post-surgical discharge.
At a recent event, Apple also announced that 2,500 apps now integrate with HealthKit. They also announced a new, lower price point for the Apple Watch at $299, which could lead to broader consumer adoption of the wearable.
In our opinion, the party has just begun. Apple is uniquely positioned to bring together the provider and the consumer markets closer together.
Watson and FDA align to boost public health with blockchain.
IBM and FDA plan to explore the exchange of data from sources such as EMR, clinical trials, genomics and health information from mobile devices, wearables and Internet of Things.
This is not the first time we are hearing about Watson’s ability to diagnosis diseases or recommend treatments but it is the first effort by the platform to actually act as an exchange engine before crunching data. In a recent study, 7 in 10 industry leaders anticipate that blockchain in healthcare will be of significant value for clinical trials, regulatory compliance and medical records. We discussed blockchain in this newsletter a few months ago. We completely agree that blockchain has the right attributes to significantly cut administrative costs.
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