Three women leading the digital Health Care revolution. Piraye Beim, Katherine Ryder and Darlene… [+] Higbee Clarkin.
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In the wake of Amazon’s nearly one billion dollar acquisition of the online pharmacy, Pillpack a full-service pharmacy that delivers medication, there is little question about the impact that technology is having on healthcare. And while technology has been a key component of healthcare for decades, improvements in security and efficiency provided by platforms like PillPack only just scratch the surface of what is possible. In time, we may replace many of those pills altogether with tech-enabled healthcare solutions that are designed to change behavior in line with specific health outcomes. This emerging sub-sect of the health-tech industry has been coined digital health therapeutics.
Digital health therapeutics equips healthcare providers with a new way to provide patient care while accessing patient health information remotely and in real-time, while also empowering patients to take control of their own health. And with healthcare costs skyrocketing, the concept of both remote care and tech-enabled preventative measures are catching the eye of both individuals and companies. For companies, this amounts to reducing insurance costs and time lost at work due to illness. Companies that take proactive measures can create enormous ripple effects that impact the bottom line in a major way.
Your health is going digital
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The founders of KORE, Celmatix and Maven Clinic each have diverse personal stories that pushed them to solve real-life problems, fuelling the launch of their digital health companies. Women have often been considered the caregivers of the household but when it comes to public and private healthcare men have historically been seen as the primary leaders (the very first female doctor earned her M.D. in 1849) – these three entrepreneurs are now redefining that narrative. These women recognize the importance in addressing healthcare issues – and are proving that healthcare of the future is scalable, effective and good business. Each of these companies are built on unique models but share one thing in common – their solution-oriented approaches to health through the use of technology.
KORE Digital Health Therapeutics
Healthcare costs related to digestive diseases have grown to more than $160 billion annually in North America. In Canada, this equates to upwards of $18 billion annually in healthcare expenditures and 18 million sick days of lost productivity for companies. KORE Digital Health Therapeutics, a Vancouver-based company founded by tech innovator and holistic nutritionist, Darlene Higbee Clarkin, is addressing this issue through online therapeutic programs designed to treat gut-related diseases.
The company offers a mobile-first platform that gives insurers, employers and healthcare providers the ability to implement programs that will reduce sick days and increase employees’ health. Clarkin’s inspiration for the development of KORE was brought on by her dad’s illness, Type two Diabetes, which cost him his leg – and ultimately his life.