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Showing posts with the label Health Tech

CAN WE REWARD HEALTH RATHER THAN PAY FOR ILLNESS?

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  Bridging Tech and Wellness: A Revolutionary Approach to Health Insurance Two things many people have are phone banking and car insurance. Years ago, using your phone to handle your finances was fraught with worries about safety and confidentiality. But now it is the norm to use smartphone apps to do most financial transactions and most people have confidence in the systems that protect them. Car insurance is mandatory, but the costs are offset by no claims bonuses or being monitored when a new driver. Why can’t we combine these commonly accepted practices to bring about a revolution in health care? With secure technology, worries around confidentiality can be easily assuaged. So how about insurance companies modifying their health plans to allow reductions or benefits in response to maintaining and/or improving personal health? With todays technology, alongside nearable and wearable sensors, people can get real time information about many aspects of their health and act on it acc...

AGETECH: FROM "MAYBE" TO "MUST" FOR MANAGING CHRONIC CONDITIONS.

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The Economic Burden of Chronic Diseases in Aging Populations Chronic diseases are a significant and profound economic issue for individuals, the healthcare system, and society as a whole. With the aging of populations worldwide, the prevalence of chronic diseases is increasing, accounting for  90% of all medical costs in the US  and even greater worldwide. It amounts to $4.1 trillion in annual health care expenditures The presence of multiple chronic conditions in the same individual has profound implications for healthcare costs and utilization. According to the CDC, six in ten adults have a chronic disease, and four in ten adults have two or more chronic diseases in the US.  A Swiss study  found that elderly patients with multiple chronic conditions had healthcare costs 5.5 times higher than those without multiple chronic conditions. Hence, even a small reduction in the prevalence of chronic diseases can result in significant cost savings and a genuine return on in...

How to Boost Your Stroke Defense?

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Harnessing the Power of myAVOS for Prevention According to the World Health Organization (WHO), stroke is the second leading cause of death worldwide, responsible for 11% of all deaths. It is also a leading cause of disability, with many stroke survivors experiencing long-term physical and cognitive impairments. When a stroke occurs, the brain is deprived of oxygen and nutrients, which can lead to damage in the affected area. This damage can affect cognitive function, including memory, attention, and decision-making. The risk of cognitive impairment after a stroke is higher for older individuals and those with a history of cognitive decline. Preventing stroke with lifestyle strategies The good news is that many strokes can be prevented through lifestyle changes and management of risk factors. This is where myAVOS, a digital health app, comes in! myAVOS is a digital health coach that targets risk factors for stroke using lifestyle strategies regarding nutrition, exercise, stress managem...