Connect 2016: Five years of looking forward.

04 October 2016, Written by Rick Valencia, President

Connect 2016: Five years of looking forward.

Connect 2016 was our fifth annual ecosystem conference, and by far our biggest yet. The conference attracted many of the world’s leading health companies and executives in beautiful Coronado, California. We heard from some of the top minds in connected health and covered pressing issues including security, converting data to insight and best practices in creating a more seamless care continuum.

The growth and interest in the connected care space has been nothing short of phenomenal with our ecosystem rapidly expanding to over 2,300 device and drug manufacturers, payers, retailers and health systems. It was increasingly apparent at this year’s conference that connectivity has permeated all aspects of health care with our members demonstrating innovative and novel ways to deliver patient-centered care.

The theme for this year’s conference was the Internet of Medical Things (IoMT), which spurred lively discussion during the meeting and online. Some of the highlights that emerged for me:

  • The IoMT – and its nodes of intelligence and contextual data -- will influence precision medicine and traditional care models
  • Patient-generated data is the new vital sign
  • Health care is becoming decentralized as health care is delivered wherever the patient may be
  • And without a doubt, outcomes has become the new currency of health care

Qualcomm Life made two major announcements at Connect 2016. The first was to welcome Boehringer Ingelheim Pharmaceuticals as the newest member of the Qualcomm Life Ecosystem. One of the top 20 global pharmaceutical companies, Boehringer Ingelheim, is leveraging our 2net Design service to develop the connectivity solution for RESPIMAT®, the platform inhaler for the Boehringer Ingelheim family of respiratory therapies to allow patients and providers to track and share COPD data to improve outcomes.

We also announced a new strategic collaboration with Philips, a global leader in connected devices and health informatics. Our 2net Platform will power the medical device connectivity for Philips remote monitoring and home health programs. Data from the 2net Platform can also now be hosted in Philips HealthSuite, a cloud-based health ecosystem of devices, apps, and tools. This collaboration marks a pivotal moment in health care – two leaders in the industry coming together to leverage each other’s respective strengths, ultimately validating the need for open, scalable ecosystems in health care.

One of the first implementations of this connectivity collaboration recently went live with Philips’ Trilogy ventilator family and Care Orchestrator care management application, which aims to advance care for patients with COPD and other respiratory conditions.

After this year’s meeting, it became clear to me that connected health is turning a corner. It’s both exciting and humbling to see what these new technologies are doing to improve health care as we know it. In just five short years, we’ve made great strides in creating a world where medical-grade, intelligent care is accessible anywhere–in the hospital, at home, and all points in between.

Thanks to everyone who was able to join us in Coronado!

Check out a video of some Connect 2016 luminaries discussing how better outcomes start with data:

About the Author

Rick Valencia, President

Rick Valencia, President

Rick has more than 25 years of entrepreneurial innovation and executive leadership experience in rapid-growth, technology-enabled businesses along with a proven track record in market disruption, strategy execution and value creation. As the founder and leader of Qualcomm’s health care subsidiary, Qualcomm Life, he directs all of Qualcomm’s commercial healthcare activities. Rick also has a hand in driving wireless health innovation outside the company through his involvement in the World Economic Forum as the co-chair of the Value in Health Initiative, his oversight of the $10M Qualcomm Tricorder XPrize competition and his oversight of both the $100 million Qualcomm Life Fund and the $100 million dRx Capital which make venture investments in digital health startups.

Earlier in Rick’s career, as founder and CEO of ProfitLine, he cultivated his business savvy building the company from a one-man consulting firm into a 200 person, multi-million dollar enterprise that is now the West Coast arm of Tangoe Inc. (TNGO). As Rick built the company, ProfitLine was one of Inc. 500’s fastest growing companies in America three years in a row, on Deloitte & Touche’s Fast 50 companies four years in a row and he was awarded the Ernst & Young Entrepreneur of the Year award.

Rick is a native San Diegan, committed to the community. He uses his business building know-how to help fellow entrepreneurs launch enduring technology companies as a mentor at the Founder Institute and a member of the Executive Committee of the San Diego MIT Enterprise Forum. He is a board member of Pedal the Cause, a cancer research fundraising organization, a former chairman and long-time board member of Big Brothers Big Sisters of San Diego County and actively supports Rady Children’s Hospital and the Pediatric Diabetes Research Center at UCSD.

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