HCPLive Network

Annual mHealth App Downloads to Reach 142 Million by 2016

Annual worldwide downloads of mHealth apps will be 44 million next year and reach 142 million by 2016, predicts a report released earlier this week by UK-based Juniper Reports.
 
The firm says that growth in mHealth app downloads will be driven by expanded hardware capabilities that will allow smartphones to “become an important portable accessory to the health care establishment for both diagnosis and relaying medical data to health care staff.”
 
The report also predicts that clarification from the FDA on how it will regulate mHealth apps will add momentum to the market for the apps and that remote patient monitoring made possible by the apps will save money through shortened hospital stays and reduced need for outpatient appointments. It also notes that the structure of the health care industry and insurance coverage in the US has given it a lead over other developed economies when it comes to remote patient monitoring.

Further Reading
While the digital health industry continues to explode, there are significant barriers to widespread adoption. One formidable obstacle for private practitioners is creating a business model deploying digital health that creates a profit and delivers improved quality of outcomes.
Fortune 1000 companies have unfunded retiree medical obligations totaling an estimated $285 billion, according to a new report. The report, by the professional services company Towers Watson, based its calculations on Dec. 2013 financial disclosures filed with the Securities and Exchange Commission.
An MBA can be a ticket to a C-Suite job, but perhaps the best assessment of a business school is its ability to create innovative business leaders with the potential to make great advances in their fields – and the opportunity to amass great wealth. Here are the schools with the best record of churning out billionaires.
More Reading