Health2047 is a health tech business enterprise started by AMA to tackle the problems with the raising problems with healthcare. Health2047 was launched in 2016, during the 34th annual JP Morgan conference. The head office of the firm is based in Menlo Park California. The firm aims to bring change in the $3trillion healthcare system to a system level by developing and commercializing solutions for the significant growing health problem. The firm has identified four major increasing issues in the United States that is data liquidity, chronic diseases, productivity, and healthcare value.
Health2047 is focusing on the identified problems chronic diseases, data liquidity, productivity and healthcare values. The problems with data liquidity are one of the raising problems that is affecting the healthcare sector. The physicians are not able to pay more time to their patients as most of the time is spent with documentation and finding files. To improve data liquidity in healthcare, the firm has started a new started by investing $10 million. The new firm is known as Akiri Switch formerly known as Switch Co. the firm is committed to creating a secured network for data exchange among the patients and physicians.
Health2047 has been working on chronic diseases. Chronic diseases include heart attack, diabetes, blood pressures, strokes and much more. To control diabetes 2, health2047 has launched a new firm known as the First Mile Care. First Mile Care is providing training to the pre-diabetes patients about how to avoid diabetes 2. Health2047 started First Mile Care in October 2018 with the initial investment of $ 2 million.
Health2047 is providing a unique platform for doctors to participate and share ideas with the fellows from the healthcare industry as well as the technology sector. They are offered more opportunities to get involved in the innovation process. Health2047 is creating solutions and equipment and trying to commercialize those solutions.
Health2047 has tried to bring change in the healthcare industry, but with the support from another sector, it was neither possible nor easy. The firm has collaborated with technology sector to bridge the gap in the healthcare setting.
The article illustrates health2047. It goes through the areas they are focusing on bringing change.