STAMFORD, Conn.–(BUSINESS WIRE). consulting firm.
Executives from Novant Health, Whoop, Baptist Health South Florida, Health Union and Alexion Pharmaceuticals are among the keynote speakers who will appear at the event October 12-13 at Convene-Commerce Square, 2001 Market Street, Philadelphia.
The healthcare and life sciences industry is undergoing a seismic transformation in the wake of the COVID-19 pandemic, with life sciences companies moving from “blockbuster focus” to “patient-centric” approaches to drug development and delivery at the same time adapting to new regulations and requirements more transparency, say ISG experts.
Healthcare payers, meanwhile, are struggling with the acceleration of digital transformation, regulatory and other pressures to fend off competition from hyperscalers and other disruptors, while providers attempt to cope with mounting cost pressures and evolving patient demographics as they adapt Telemedicine, Internet of, customize medical things and other emerging trends.
In response to these developments, the future of healthcare will become increasingly digital, personalized and connected, say ISG experts.
“Personalized, digital medicine is no longer a thing, it’s here, and it’s going to continue,” said Jenn Stein, Partner, Head of ISG Life Sciences and co-host of the event.
Stein pointed to a number of digital innovations transforming the medical industry, including “mobile and edge computing that facilitates distributed clinical trials, the digital pill that reports critical intake statistics, the wearable device that records vital biometrics, and imaging technology that… improves the effectiveness of therapies and procedures. All of this will depend on interconnected, inter-operative, cloud-based systems and resilient supply chains.”
Automation could be key to overcoming the current workforce crisis among healthcare providers and attracting younger patients, ISG experts say. Eric Eskioglu, MD, Novant Health’s Executive Vice President and Chief Medical and Scientific Officer, will examine the role that intelligent platforms will play in improving patient-centric engagement and provider effectiveness during his presentation in Industry Spotlight on October 13 .
Later, in a fireside chat with ISG’s Stein, Ellen Reilly, strategic advisor for healthcare and life sciences at advanced fitness and health wearables company Whoop, will discuss the critical role of digital therapeutics in expanding patient access, care and efficiency.
Digital systems that connect clinical development, patient care and engagement, and supply chain processes are part of a growing collaboration among ecosystem partners, featured in a panel discussion between Tony Ambrozie, senior vice president and chief digital information officer of Baptist Health South Florida; George Llado, former senior vice president and chief information officer of Alexion Pharmaceutical, and Ganesh Nathella, head of Mindtree’s healthcare business unit
Separately, Olivier Chateau, Co-Founder and CEO of Health Union LLC, will participate in a panel discussion on how data can drive a better, more personalized future in healthcare.
In the wake of pandemic disruptions, supply chain resilience will also be a key topic of discussion during the event.
“More than 90 percent of Fortune 1000 companies have experienced significant supply chain disruptions in the last two years,” said Bob Krohn, partner at ISG Healthcare and co-host of the event. “Creating greater resilience in the complex healthcare and life sciences supply chains that deliver essential healthcare products and therapies means preparing for external headwinds such as geopolitics, regulations and competitive pressures, as well as internal forces such as human talent and working capital that can impact the supply chain cycle .”
Successful responses to supply chain threats, according to Krohn, include “organizational restructuring, targeted acquisitions and strategic divestitures to gain greater control of the supply chain, along with digital transformation curated by innovation leaders, driven by executives and driven by technology and security professionals. ”
Additional sessions will explore how digital health is accelerating transformation in the healthcare industry; how data transparency reduces variation in care and improves experiences; and how analytics drive personalized patient experiences and streamline operations. Speakers include Bryan Hill, CTO and Vice President, Digital Health & Innovation at Cognizant; Taka Torimoto, lead solution architect at OutSystems; Paul Watson, Vice President, Healthcare & Life Sciences at Hitachi Vantara, and ISG experts.
The ISG TechXchange: Healthcare and Life Sciences event is sponsored by Cognizant, CitiusTech, Hitachi Vantara, OutSystems, Capgemini, Mindtree, Onica by Rackspace Technology, LTI, Quantiphi and UiPath. Media sponsors are CIOInsights, CIOReview, the TBM Council and The AI Journal.
More information and registration on the event website.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. As a trusted business partner to more than 800 customers, including more than 75 of the world’s top 100 companies, ISG is committed to helping enterprises, public sector organizations, and service and technology providers achieve operational excellence and accelerated growth. The company specializes in digital transformation services including automation, cloud and data analytics; procurement advice; managed governance and risk services; network operator services; strategy and operational design; change management; market research and technology research and analysis. Founded in 2006, ISG is based in Stamford, Connecticut. ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries – a global team known for their innovative thinking, market influence, deep industry and technology know-how, and world-class research and Analysis capabilities based on the most comprehensive market data in the industry. Visit www.isg-one.com for more information.