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The goal of the project is to reduce risks of first/recurrent heart/brain stroke/attack, helping patients to feel more engaged in their healthcare, cared for and safe.
The key customers of the platform are insurance companies, pension funds and other healthcare payers. They can dramatically reduce their costs by having daily monitoring data of their clients.
Stroke ranked second on the list of most costly diseases for the elderly. The prevention and treatment of stroke in the EU is often not optimal: many patients stay in hospital too long without medical necessity, waiting to be discharged to a rehabilitation centre or for home care. As a result, up to 30% of stroke treatment costs are excessive.
Total annual cost of stroke is estimated at €27 - 29 billion in EU and about 65 billion in The US, and these amounts are expected to increase with the aging of population. In the Netherlands, about 400 mln EURO is spent annually for cost treatment. In order to reduce these costs and ensure healthy, active and independent life for elderly, both payers and healthcare providers have to find new ways to monitor, diagnose and prevent stroke.
The main objective of the project is to fill the gap between wearable devices manufacturers/app developers and healthcare stakeholders’ needs. To achieve this goal we develop the platform which can be easily used by:
Device manufacturers/app developers (through our Universal API and requirements)
Health Providers (through platform integration with existing EHR)
Patients and Family (through app development for their mobile devices)
Payers (through advanced monitoring tools)
Project uncovers new ways of patients data collection and analysis using wearable devices and IoT;
Real-time data stream and analytic tools of the platform create for healthcare providers new opportunities to adjust treatment plans more effectively, make better diagnostics and prevent emergent situations;
Based on monitoring information, insurers/payers could create new health plans, develop new business and financial models. More accurate forecasts may decrease the emergency and hard conditions expenses, that will significantly affect on the insurance premiums in the future;
Taking part in the project, patients feel themselves more cared, involved in their health care, motivated for healthy lifestyle and following prevention/treatment plans. As a result, treatment become much more effective.
We develop the universal API with wide opportunities for different wearable/IoT devices to use our platform. This we’ll be helphul for quick market adoptation and expansion, and create some opportunities for device manufacturers to expand their markets;