When you think wearables, you probably don’t think about senior citizens using them. Satish Movva is changing that image by expanding the wearables market to the non-iPad generation.
Movva is the founder and CEO of CarePredict, a startup company making the Tempo tracker. The watch-like device tracks the wearer’s daily patterns and records them in a rhythm journal. The device provides a more sophisticated read on well-being by combining activity data and location.
Movva will be speaking at 11:05 a.m. on the first day of MedCity CONVERGE. The third annual CONVERGE is July 15-16 in Philadelphia.
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Payers, providers, medtech, pharma, digital health, startups and investors will all come together at CONVERGE to focus on healthcare’s greatest opportunities and challenges. Check out the agenda and register today.
To highlight the speakers before the conference, we asked them each a few questions.
What or who inspires your work in healthcare?
My 86-year-old dad and 76-year-old mom inspired me to build CarePredict. I would find between my weekly visits to them that things changed that I was not aware of, but had I been, I could have intervened socially or gotten clinical interventions to prevent larger problems. That led me to the creation of the first ever wearable device for seniors that tracks activities of daily living, behavior patterns and knows to alert loved ones when there are changes such as my Mom who loves cooking starting to cook less and less or not eating on time or enough or not having a restful sleep or starting to walk the same distance at a slower rate.
A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
What do you think is the most important change happening in healthcare today?
Empowering of the patient – from access to diagnostic test data; to plethora of sensors to monitor activity, fitness, clinical health measures; to ability to be the owner of their own health record; to finally treat healthcare as a consumer purchase because of public scoring of providers by outcomes/results, transparency in costs and purchasing insurance in a competitive market place. We are at the start of a transformational period in healthcare and opportunities are many for entrepreneurs.
What is your take on Apple’s Healthkit – nice try or category killer?
Too early to tell. For now it seems to be primarily an information aggregator, whether the info is from sensors, apps or other health trackers/records. Will it just be their eco-system that differentiates it from Samsung or Google’s version? Will this lead to more silos and fragmentation? Possibly.
What’s one piece of advice you would give to an entrepreneur?
Persist, don’t give up. While every “no” should make you more determined, also use it as an opportunity to see your startup from the other’s perspective so you can find and fix any weaknesses or pivot as necessary.
Find Satish Movva on LinkedIn, Google+, Twitter (@CarePredict), and Facebook
