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Susan Hayes-Cullerton

๐Ÿ‘ค Speaker
233 total appearances

Appearances Over Time

Podcast Appearances

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

their fitness device data over to a health insurer can now get a discount on their premium.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

This seems to be happening more and more around the world.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Do you see it coming here or even becoming more mainstream, Stephen?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

I found the latest data that I could find was the Smart Technology 2024 report.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

It came out of the CSO.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

And at that stage, more than half, it was 54% of people wear smart devices, such as a smart watch, fitness band, activity tracker, and one in nine or 11% was using smart solutions for monitoring

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

For example, their blood pressure, sugar levels, body weight, etc.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

That was, as I say, the date from 2024.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Do you think that usage of these devices has increased since then?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

And are they continuing to do so?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

And Stephen, to this point, we've talked about data that has already been collected.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

What we haven't talked about is prediction.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

And I'm keen to know where you think that is going.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Wearables do monitor health indicators, but they can't formally diagnose conditions at the moment.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Do you see that changing?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

If I can go back to the virtual boards for the moment, is that focusing primarily on bringing people out of hospital?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

So it's post-care?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Is this also intersecting then with the world of occupational therapy?

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

As in because an occupational therapist would be evaluating the home to see if it's safe enough for a person to go home, let's say after an injury or if they're in rehabilitation.

Taking Stock
The economics of failure & the benefits and pitfalls of wearables

Is that where looking at the physical world and then the virtual ward technology would intersect together to provide more holistic care?