D I S S E C T I N G B U S I N E S S
in recent times , soaring energy bills and the health service ’ s most challenging winter , concerted action is evidently required .
While frailty is most associated with older people , it is not defined by age and can also apply to younger people living with chronic conditions . It in fact covers a range of disease and clinical specialities and there is a pressing need to pivot the country ’ s approach to frailty through developing new medicines and technologies as part of continued work to
Scottish National Investment Bank thanks to its remote patient monitoring technology for identifying potentially fatal respiratory changes .
It is evidently a burgeoning area of homegrown innovation and patients are ultimately reaping the benefits with technology being a key enabler .
Working in partnership with NHS Scotland for the past 20 years , InnoScot Health is encouraging new health service-led ideas . We aim to use the first-hand experience of health and social care staff , to tap into their knowledge and expertise and together help to develop new innovations that can help people live better in later life or cope with long-term health conditions .
A recent survey conducted independently on behalf of our organisation indicated that remote monitoring is seen as a key area of innovation for NHS staff , placing third ( 45 %) behind only Big Data and analytics and digital apps .
Dr Robert Rea , Head of Innovation at InnoScot Health recover and modernise health and social care services . Put simply , we need to accelerate dedicated frailty-targetted innovation . Of course , there are opportunities alongside the challenges – not only to make lives better but also to realise time and cost savings that can then be redeployed back into the NHS .
At a time when NHS staff are spread thin and resources are limited , Scottish innovators have the power to target at-risk individuals at an early stage with evidence-based interventions that can manage or reverse their conditions . This in turn reduces the likelihood that they will need to access unplanned services due to a crisis , thereby reducing the use of expensive , unscheduled care and reducing hospital readmissions .
Indeed , earlier this year , it was reported that digital healthcare company PneumoWave had secured £ 5.2 million of funding from the
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