Telecommunications and Healthcare

The U.S. healthcare industry is a $2+ trillion ecosystem of hospitals, physicians, pharmaceutical companies and insurance providers. Healthcare is expected to grow to $4+trillion by 2016-largely driven by the emerging medical treatment needs of 75 million baby boomers. 

Information technology and telecommunications can play a major role in dealing with the healthcare needs of the age wave. Patients-at-home, their family caregivers, physicians and home care providers will become part of a digital connected care system.

Healthcare applications including imaging, home health monitoring, electronic healthcare records, ePrescribing, personal healthcare records, teledoctors, telemedicine, et al will drive up growth in telecom spending.

With the expansion of wireless and broadband coverage, patients, caregivers and healthcare providers can be efficiently connected, regardless of their physical locations. Patients should soon be able to access providers and specialists who may be hundreds of miles away. Baby boomers and mature adults who want to age in place and not be forced into institutional settings will benefit form home telehealth devices.

Patients with limited mobility anywhere will be able to monitor and proactively manage chronic diseases.  As a result emergency room visits and unnecessary visits to the doctors office can be avoided.

Maui Age Wave LLC intends to work with stakeholders across the state of Hawaii to aggressively pursue the creation of an Hawaai Connected Care System.  Such a system is urgently needed to improve healthcare outcomes and mitigate the staggering medical costs looming ahead as the age wave descends upon Paradise.

 

 

 

 

 

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