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American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India
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American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India
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10th Healthcare Conference – 23 September 2022
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AMCHAM’s 10th Healthcare Conference was held on September 23rd at HICC Novotel Hyderabad with the theme ‘Paradigm Shift in Healthcare’ with two sessions – ‘Healthcare Systems – Change for the Better’ and ‘Tech Innovation in Healthcare.’ In the inaugural session Mr. Prakash Bodla, Chairman – Hyderabad Chapter, AMCHAM and MD, Carrier Technologies spoke on the need to revamp Indian Healthcare. Guest of Honor, Mr. Andrew Edlefsen, Principal Commercial Officer, U.S. Consulate General Hyderabad spoke on creating bridges between U.S. healthcare companies and the Indian market. He emphasized the need to keep the dialogue going and create opportunities in the healthcare sector. He said it will always be one of the strong pillars and everyone must continue to work together with new technologies and innovations that help advance the cause of healthcare in India. Mr. Divya Prakash, VP, Medtronic, spoke on the healthcare landscape and advancement of automated surgical theaters to robotic surgery. With AI as the future, it is more of digital engineering in healthcare. COVID brought about emergence of alternative approaches to health monitoring – remote patient monitoring and how to use data for predicting patient outcomes. By combining profound understanding of the human body with leading science its possible to accelerate innovation-driven care, insight driven care where data, ai and automation are turned into action. Mr. Vaidyanathan Krishnan, VP Engineering, Providence, spoke on making healthcare available and affordable for all and how technology transformation can bring that difference. Empowering the patient on the type of care and accessibility of healthcare wherever they are. He mentioned that tele-health is a major factor and is making a big difference in healthcare, bringing strategic transformation in enabling good healthcare for a better world. This can be done by enhancing the patient experience and increasing productivity. Care experience can be transformed by leveraging technology in healthcare. Data privacy and centralization were some of the issues encountered in the patient care system. The time has come to move from hospital as the central point to patient as the central point. Awareness is key so people can make use of technology for ease of healthcare accessibility and requires simplifying, modernizing and innovating. He said prediction, prevention and care are vital in having a robust healthcare system and it can be achieved using AI/ML.
The first session was a fireside chat with Dr. Sonali Chaturvedi, CEO, Sahasrara Health Consulting and Mr. Kaustav Banerjee, VP South Asia, Zimmer Biomet, moderated by Mr. Ritesh Dogra, AVP, Indegene. The discussion has moved from analog to digital to data driven to patient-centric healthcare where care is delivered at home. Earlier there was a focus on safety and efficacy of devices. When looking at the building blocks of the health system the first is delivery, then accessibility, healthcare workforce and healthcare financing, with major progress in healthcare delivery. Harnessing data to make efficient clinical decisions has been progressing. Wearables help us with the clinical outcomes and healthcare technology companies are making an impact. COVID has played a catalytic role in bringing the healthcare technology to the forefront, even with remote monitoring. The discussion also touched upon how providers look at building efficiency and focus on patient safety, understanding healthcare costs, disease management cost and patient education. The appreciation of health economic value is important, as affordable healthcare may not be very efficient, it has to be affordable but the outcome is important. The speakers also responded to questions posed to them by the audience on health technology assessment board, long term data, device performance and economic value, among other topics.
The final session of the day was ‘Tech Innovation Healthcare’ moderated by Dr. Ambuj Chaturvedi, VP, IKP Knowledge Park along with Mr. Hari Atmakuri, VP Healthcare Analytics, Providence, Mr. Naresh Kumar P, CEO, Asian Spine Hospital, Mr. Karthik Duddala, Sr. Director IT and Global IT Services, Parexel and Mr. Amol Kodag, Director Engineering, Head R&D Cardiovascular Portfolio, Medtronic. Adoption of technology has taken time with the first 50 years focused on imaging and innovation on interventions. Post 1990 healthcare informatics has emerged. Technology brings key enablers. There has been no dearth of technology, but the implementation should be consistent. Care delivery, care experience and care outcome are the three pillars that need to be the focus and ensure technology is integrated enterprise wide. Stitching all the technologies to bring about a solution is a challenge that an engineering mindset can bring about a solution for. Converting it into a scalable option is the key for jugaad. To transform research into clinical practice, delivery, experience and outcome need to collaborate to bring about the entire care-pathway. Technology can play a role by ensuring that the three are integrated and collaborated to bring about great outcomes. Outcomes need strong evidence-built platforms. The panelists discussed what parameters can be looked at to standardize outcomes, examples of good or bad outcome outcomes, driving awareness and how technology should be viewed from a patient point of view.
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By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.
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