Health 2.0 Faces the Challenge of Consumer Health

Screen Shot 2016-05-25 at 4.00.28 PMHealth 2.0 Europe 2016: Closes with a successful participation with attendees and speakers from the five continents

  • Mediktor, spanish application, winner of EC2VC Investors’ Forum with more than 42 investors present
  • In 2015, digital innovation in health has mobilized 4,800 million in funding in the United States
  • Health 2.0 successfully moved exchange and discussion among all actors of the ecosystem: physicians, patients, pharmaceutical, nurses, insurance companies and entrepreneurs

The 7th edition of Health 2.0 Europe 2016, the largest European Meeting in digital health, organized by Health 2.0 in Barcelona in collaboration with Mobile World Capital Barcelona, ​​Biocat and the Agència de Qualitat i Avaluació sanitaries of Catalunya (Aquas) took place in Spain early this month. Throughout the three days, 120 speakers shared and discussed the latest developments, trends, insights and experiences in the adoption of digital solutions in the Healthcare System. 52 demos were presented, and more than 42 investors looking for new start-ups with pioneering and innovative proposals attended the event.

Health 2.0 Europe 2016 Has Met the Challenge of Bringing Together the Elite of Digital Health

This 2016 edition of Health 2.0 Europe, gathered more than 500 professionals and brought on stage speakers with innovative approaches, integrating the point of view of health services consumers and how it is empowering them. The international director of Health 2.0 Europe, Pascal Lardier concludes at the end the event: “Insurance companies are increasingly involved and reimbursement of health applications is a reality. During the conference we have seen and share three clear examples in the new reimbursement program 2015: Tinnitracks, Emperra, and MySugr “. This, according to Lardier, “is a clear indicator that health applications are being incorporated into clinical practice by professionals and users and it also indicates a change in mentality of the society: we are prepared to become health consumers “. There is a change of trend in the sector and with the new 2.0 health solutions coming to market that offer more options, more comfort, more services, users are increasingly more willing to pay for their health.

Dr. Rafael Grossmann, digital health pioneer surgeon (he performed the first surgery documented with Google Glass) has contributed its vision and experience with the use of innovative solutions that are supporting both the clinical practice and the patients. Dr. Grossmann was one of the keynotes and participated in some roundtables.

Dr. Grossmann has been one of the most requested speakers at the meeting and it’s clear for him that “everything that facilitates the doctor-patient interaction and contribute to shorten distances should be incorporated into daily practice, and it is imperative that these applications and platforms optimize access to specialists and time of visits. It is also imperative to limit unnecessary visits, especially taking into account that the lack of professionals in the next 30 years is estimated to be around 125,000 only in the US, “says the specialist.

In the same line, Joan Cornet director of mHealth at Mobile World Capital Barcelona said during the Health 2.0 Europe 2016 “in a few years hospitals as we know them today must only attend acute pathologies and it should exist every day more telemedicine platforms and remote monitoring solutions for the doctor to supervise his patients, on the other hand are responsible every day for their health and self-care.”

Cornet participated with Jorge Juan Fernández García, director of d-HEALTH Barcelona, Biocat and Pēteris Zilgalvis, director of the Health and Welfare Unit of the European Commission in a debate about the digital health European Ecosystem

A 360º Glance of Health 2.0: A Sector That Keeps Growing and Maturing Every Year

Since the first conference in Europe in 2010, the sector has undergone a profound maturation process. “Now more than ever it is time to involve all stakeholders and to integrate different approaches and solutions in order to increase the adoption of digital health. This is where Health 2.0 will continue to focus its energy, through the organization of conferences and challenges, consultations with health systems, or projects with the  European Commission,” says Matthew Holt, co-chairman of Health 2.0, “Another symptom of maturity of this sector is the increasing and continuous flow of investments.”

According to the co-chairman of the conference: “we have seen a significant increase in the number of doctors, nurses and health professionals in general that are using these technologies,” Holt says. “A good benchmark is the number of attendees this year, which exceeded 500 professionals and especially the greater involvement from the pharmaceutical industry, whose numbers of attendees duplicated. This shows that, although they were already aware of the need to develop their activities beyond manufacturing and selling drugs, they are now getting in the game and seek more comprehensive solutions to accompany the patients and improve their outcomes,” said Matthew Holt.

Another aspect applauded during the conference was the participation of younger and younger attendees and new generations that were being incorporated into this 2.0 environment and language. Health 2.0 organizers themselves highlighted BloodPlus, an application developed by a group of young entrepreneurs, who were 15 years of age, which aimed at increasing the number of blood donations, rewarding donors with attractive activities.

Health 2.0: Meeting Point Between Digital Health Entrepreneurs and the Most Active Investors in the World.

One of the objectives of Health 2.0 is to be a platform connecting investors and start-ups, that’s why took place the EC2VC Investors’ Forum and Pitch Competition.During this meeting, 10 start-ups have pitched their projects to 42 investors, in order to prove the viability of their project. The 2 winners were were Teckel Medical for the seed category and SilverCloud Health for the growth funding category! Teckel Medical is an app which provides a preliminary medical diagnosis based on the symptoms inputted by the user. SilverCloud Health is an online mental health & wellness delivery platform based on improving outcomes, extending care, lowering costs.

Among the investors was Esther Dyson, renowned US business angel (PatientsLikeMe, 23andMe, Health Tap or Omada Health); Katrin Geyskens, Capricorn Venture Partners (Belgium) and Sean Kim Min-Sung, XL Health (Germany).

A Sector Highly Competitive Upwards:

Digital health is no longer a novelty and the numbers prove it. “Last year was another good year for this sector in innovation: in the US alone, it mobilized 4,800 million in funding; 60% of which were invested in the United States and 15% in Europe. Most notable was the increased focus on healthcare consumption: the digital tools and personal care solutions represented 25% of the total investment (1.22 billion dollars),” explains Matthew Holt, co-chairman of Health 2.0.

The number of start-ups devoted to health has exploded in recent years, as shown in the number of refinancing operations, which grew by nearly 200% between 2010 and 2014. ” The connected tools for health and wellness, like Fitbit or Jawbone have made many headlines recently and, of course, the Health 2.0 Europe Conference includes a session on wearables. But the world of digital health is much more diverse and Health 2.0 Europe 2016 is a showcase of solutions for all parts of health systems stakeholders, including providers, insurers, pharmaceutical and medical device suppliers,” concludes Lardier.

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