The Most Innovative Healthtech companies To Watch 2023

Pierre Leurent Co-President

Sai Shankar Co-President

’sNote

Impact Of Digizaon On Healthcare Systems

The healthcare industry is aempng to address

escalang issues like quality and good service at a reasonable price in real me, along with preventave steps to avert life-threatening diseases with the aid of digital technology and the internet. The increased populaon growth and government healthcare spending in important emerging economies like India, Russia, Brazil, and Indonesia are significantly influencing the digital transformaon of the healthcare industry.

Furthermore, the tradional healthcare system is under tremendous pressure from a growing populaon and chronic diseases. The number of people over 60 worldwide is predicted to increase from 1 billion in 2015 to 2.5 billion by 2050. Given the aging populaon, rising chronic disease prevalence, and the desire for a greater quality of life, the intrinsic demand for healthcare services is expected to connue to climb. This has led to increased investment in R&D and is creang new opportunies in the healthcare sector.

The healthtech sector is adding a new dimension with innovaons like wearables, telemedicine, online appointment scheduling, online ordering of medicaons, digital payments, genomics, database management, home healthcare, diagnoscs, and health condion monitoring through apps or web portals.

Modern technology advancements have enhanced the healthcare sector and provided vast numbers of consumers with services at reasonable prices. The use

of data-driven technology ensures that services are always of a high standard. The internet and healthtech have enabled access to healthcare services while relaxing at home. More healthtech services will be accessible in the near future because of technological advancements, and the sector will see significant investment.

In our latest issue, "Most Innovave Healthtech Companies To Watch 2023", we have highlighted some of the most innovave healthcare companies to watch in 2023. These healthtech companies are spreading across different departments of healthcare, such as telehealth, telemedicine, diagnoscs, and others. Overall, it improved the quality of healthcare offered to the public. Moreover, these new innovaons also bridged several pre-exisng gaps that were prominent in the healthcare sector.

Moving on, we sincerely hope you enjoy reading this issue.

Happy Reading !!!

THE MOST INNOVATIVE

TO WATCH 2023

LISTINGS ORGANIZATION

DESCRIPTION

Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and material science soluons. Aptar uses insights, design, engineering and science to create dosing, dispensing and protecve packaging technologies for the world's leading brands, in turn making a meaningful difference in the lives, looks, health and homes of millions of people around the world.

Global Health Technology AS (formerly Erland AS) develops innovave medical soluons within wounds and stoma in a global health industry. With products offer ground-breaking technology based patents. With a focus on user-driven innovaon, the aim is to give users an increased quality of life.

Black Space Technology is a privately funded SME which specialises in scalable and future proofed mobile telemedicine and telehealth soluons. A soware focused; hardware agnosc firm with soluons configurable to local service needs including language localisaon.

Revive Health facilitate rapid and easy access to affordable, quality care and prescripon medicaons.

Ribitzky Digital Health is a Cross-funconal, global expert in Digital Health, Precision Medicine, and Experience Design Innovaon co-located around the world.

Sai Shankar & Pierre Leurent Aptar

Alf-Erik Malm

Global Health Technology AS

Black Space Technology Ltd

Jeff Bernhard Revive Health

Ron Ribitzky

Ribitzky Digital Health

David Morgan

Pierre Leurent (Co-President)

On A Mission To Elevate Patient Experiences At Every Stage Of Their Treatment Journey

TheCOVID-19pandemichashada significantimpactonthehealthcare industry,leadingtoariseinthe adoptionofhealthtechandremotecare services.Thepandemichasforcedhealthcare providerstoadoptinnovativesolutionsto delivercarewhilemaintainingsocial distancingmeasuresandminimizingtherisk ofinfection.Withtheoutbreakofthevirus, healthcareprovidershavehadtorestructure theiroperationstoadapttothechanging needsofpatients.

Thishasledtoincreaseduseoftechnology, suchastelemedicine,todelivercareto patientsremotely Thepandemichasalso highlightedtheneedforincreasedinvestment inhealthtechanddigitalhealthcaresolutions toensurethathealthcareproviderscan continuetoprovidehigh-qualitycareto patients,evenduringtimesofcrisis.

Furthermore,healthtechwillbecome mainstreamthroughtheprogressiveadoption ofconnecteddevices,remotepatient monitoringtools,teleconsultation,andother digitalmodalitiesthataimatimprovingcare. Ithastwopotentialeffectsonhealthcare.

First,itaidsindecision-makingbecauseit givesallstakeholdersmoreinformation aboutpatients'healthstatusandimproves theirabilitytotakeappropriateaction.

The Most innovative HealthTech companies To Watch 2023

Second,sincedigitalsolutionsare decentralizedandaccessibletopatients directly,itputsagreateremphasison them.Thus,thepatientvoiceismore accessiblethaninthepast,whichisa verypositiveshift.

ALeaderInIntegratedHealth SolutionsAndServices

ThisiswhereAptarDigitalHealth comesintothepicturewithamission toempowerpatientswithselfconfidencetomanagetheirdisease. Thecompanybelievesthatwhen supportedwiththerighttools,patients canbecomeactiveparticipantsintheir owncare,workingaspartnerswith theircareteams.Thus,itcreatesendto-endsolutionsthroughanintegrated suiteofproductsandservicesby combiningmobile,web-based technology,andconnectedhardware, toactivelyengagepatientsintheir treatmentandhelpdeliversuperior experiencesataglobalscale.

AptarDigitalHealthprovidesarange ofservicestoassistpatientsdealing withdiseases.Forinstance,ithelps supportpeoplediagnosedwithcancer tobetterself-managetheirsymptoms andstayontrackwiththeirtreatments. Inthefieldofrespiratorycare,withthe aidofmobileapps,smartinhalersand diagnosticdevices,itassists individualswithasthmaorCOPDto bettermanagetheirmedicationtherapy Italsohelpspeoplewithdiabetesbetter managetheirtreatmentthankstorealtimeadviceoninsulindosestoinject. Inalloftheseexamples,AptarDigital Healthconnectspatientswiththeircare teamsremotelysotheycanbenefit fromearlierinterventionsshouldthis becomenecessary

AptarGroup,Inc.,agloballeaderinthe designandmanufacturingofawide varietyofdrugdelivery,consumer productdispensing,andactivematerial sciencesolutionsandservices,owns AptarDigitalHealthasadivisionof AptarPharma.AndAptarDigital HealthistheresultofAptarPharma's ambitioninbecomingaleaderin

digitalsolutions.

ChallengesAndRoadblocks

Thedigitalhealthindustryisstillinits infancy.Globalhealthcaresystemsare stillestablishingsuitablelegaland reimbursementframeworksand integratingdigitalhealthsolutionsinto routinemedicalprocedures.Even thoughtheuseofdigitaltechnology hasbeenextensivelydemocratized overthepast20years,digitalhealthis anicheandexpandingmarketwhere patientandphysicianadoptionisstill low.

Byeducatingpeopleandraisingtheir knowledgeofthebenefitsofdigital health,AptarDigitalHealthseeksto challengethisparadigm.Some challengesthecompanyfacesare linkedtothewaythehealthcare systemsarestructured.Theincentives arenotcompletelyalignedamongall healthsystemstakeholders–for instance,whenhealthcarepayment systemsarelinkedtoutilizationof medicalresources(e.g., hospitalizations,ERvisits)insteadof linkedtoachievingbetterclinical outcomes.Theremustbeafurther alignmentofthedifferentstakeholders tohavefull-scaleadoption.

MeetTheTeamBehindAptar DigitalHealth'sSuccessandGrowth

AptarDigitalHealthisco-ledbytwo individualswhohavedemonstrated exceptionalleadershipskills, unparalleledexpertiseintheir respectivefields,andanunwavering commitmenttodrivingthe organizationtowardgreatersuccess. Alongsidetheirexpertteamoperating acrossseveralcontinents,theirtireless efforts,dedication,andstrategicvision havesteeredthecompanytonew heights.Thesetwoexemplaryleaders areSaiShankar(Co-President)and PierreLeurent(Co-President).

SaiShankarhasmorethan20yearsof experienceacrosspharmaceutical, medicaldevices,anddigitalhealth businessverticals.HejoinedAptar

Pharmain2017,havingpreviously spent15yearsatAllerganandSanofi. SincejoiningAptar,hehashelpedto buildouttheDigitalHealthdivision.

Today,astheCo-PresidentofAptar DigitalHealth,Saiisresponsiblefor overallP&Lresponsibilitiesforthe businessandhasoverseenthe acquisitionofdigitalhealthcompanies suchasVoluntisandCoheroHealth,as wellasequityinvestmentsinvarious start-upslikePropellerHealth,Sonmol (China)andNavia(India).

PierreLeurentispassionateaboutthe intersectionofdigitalandhealthcare andhasenjoyedworkingforover20 yearsinthisspace,bothintheUnited StatesandEurope.Anengineerby training,hestartedhiscareeratGE Healthcare,initsmedicalimaging softwaredivision.Then,heworkedat HealthCenter,avendorofElectronic HealthRecordsbasedinSiliconValley

In2001,heco-foundedVoluntis,a leadingdigitaltherapeuticsplatform company,whichwentpublicin2018. In2021,Voluntiswasacquiredby AptarGroup.HenowservesastheCoPresidentofAptarDigitalHealth. Pierrehasalsooccupiedrolesin industrytradeassociations,suchasthe DigitalTherapeuticsAlliance(DTA), ofwhichheisafoundingDirector,and Advamed'sDigitalHealthExecutive LeadershipGroup.

Onapersonalnote,PierrelovesSai's energy-thereisnomountainthatheis afraidtoclimb!Hefindshimvery ambitiousandtenacious,anddrivenby acontagiousenergy!AndasforSai,he lovesPierre'sdeepindustry knowledge,hispragmatismatall levels,andhisoptimismforthefuture ofdigitalhealth.

Theexemplaryduosays,“What inspires us at Aptar Digital Health is the opportunity to improve patients' quality of life thanks to better health management tools. Our mission is to empower patients to take control of

Sai Shankar (Co-President)

their own health by leveraging the latest technologies. We put advanced digital solutions directly in the hands of patients and healthcare professionals. Every day we are motivated by the positive impact we see our solutions deliver, improving people's lives and supporting healthcare professionals.”

StayingAhead

Accordingtothedynamicduo,Pierre andSai,“We are aware that the demand for our solutions varies considerably. We operate globally and across specific therapeutic areas. Patients, healthcare providers, pharma companies, and institutions have all different expectations of digital health solutions based on the clinical context, local regulations, or the therapy that are supported by a digital approach. We work to stay ahead of these needs by integrating new capabilities such as managing regulated and unregulated solutions and proposing “beyond-thetech” services like market access, training, and onboarding and data analysis.”

Theyfurtheradd,“With a track record of over 20 years of active operations in the market, Aptar Digital Health owns in-depth knowledge and know-how on multiple subjects such as clinical background, regulatory, patient journey, market needs, and market access. Finally, being backed by a large industrial group like AptarGroup lends us financial and organizational stability to invest in the long-term digital health play ”

BetterHealthcareServices

PierreandSai:Healthcareinstitutions shouldtakeintoaccountHealthTech forseveralfactors,including improvingcaredeliveryandoutcomes, lighteningtheburdenoncaregivers, andloweringhealthcarecosts,which arerisingatanalarmingrateglobally. Inthemajorityofhealthcaresystems, providersarecompensatedbasedon thenumberoftaskscompletedrather thanontheconsistencyofthe

treatmenttheyprovide.Toevaluatethe worthofamedicalprocedureandthe movetowardsso-calledvalue-based healthcare,dataisrequired. HealthTechmakesitfeasibletogather thedatapoints(diseaseprogression, patientqualityoflife,etc.)neededto supportthesenewcaremodels.

ImprovePatient'sJourney

PierreandSai:Everystageofthe patient'sjourneythroughtreatmentis beingimprovedbyAptarDigital Health.Ourintegratedsuiteofdigital healthproductsandservicesempowers patientstoactivelyengageintheir treatmentanddeliverasuperior experienceataglobalscale.We leverageourunmatchedexperience andend-to-endplatformsandsolutions toderiskandacceleratepharma's digitalhealthinitiativesacross therapeuticareas,resultinginbetter patientoutcomesandbettercare.We arealeadingexpertpartnerofthe pharmaceuticalindustryinconnected devices,SaMD(SoftwareasaMedical Device),diagnostics,andpatient insights.

KeyMilestones

In2023,AptarDigitalHealthplansto increaseitsoperationsandfortifyits relationshipwiththeLifeSciences industryacrossseveraltherapeutic areas.AptarDigitalHealthcurrently worksinseventherapeuticareas,with aparticularemphasisononcology, respiratory,immunology,and neurology,wheretherearenumerous opportunitiestomakeadifferencefor patientsusingspecifictherapies.

PierreandSaisay,“This year, we'll also be able to see the full benefits of the comprehensive offer that we built last year, following the acquisition of Voluntis by Aptar Pharma. Today, we have a unique portfolio of software, connected devices, and services, and in 2023 this offer is being actively marketed. We are also expanding our portfolio of collaborations with technology partners and increasingly acting as the pharmaceutical industry's

go-to partner for the deployment of digital health solutions at a global scale. Our goal is to further our leadership position in integrated solutions for patients and healthcare providers.”

WordsofWisdomforHealthTech entrepreneurs

PierreandSai: Youneedtohavea clearvaluepropositionthatmeets specificunmetneedsandmakesyou differentfromthecompetition.Same forbusinessmodels,onceyouhave definedwhoyourtargetis(patients, healthcareprovidersorhealthsystems, pharma...),beabletoproveyourvalue throughconsumerinsightstudies, market,clinicalandreal-world evidencestudies,anddemonstratethat youcreatevaluenotonlyfroma financialstandpointbutalsofroman outcomesstandpoint.

It'salsoveryimportanttostayfocused onthebusinessmodelsyouhave prioritized.Therearesomany opportunitiesinthisspacethatyoucan easilylosefocusandgetdivertedin differentdirections,whichcan ultimatelyleadtofailure.

Anotherpieceofadvicewouldbetobe presentandactiveintheecosystem. Don'tstayaloneinyourownworld: talktopeople.Thehealthcareindustry isafieldofexperts,withmany stakeholdersandcountryspecificities, soit'simportanttobewell-connected. Surroundyourselfwiththeright people,besupportedbyexternal advisors,expertsintheirowndomain, toinformyourdecision-makingand helpyouachievesuccess!

GLOBAL HEALTH TECHNOLOGY AS

Improving Lives GloballyThroughThe ResearchAnd Development Of Essential HealthTechnologies

Thehealthcareindustryhaswitnessed aparadigmshiftinrecentyears, acceleratedbytheonsetofthe COVID-19pandemic.Andthepandemic continuestohaveasignificantimpactonthe healthtechindustry Whenthechallenge changed,theneedfornewsolutionsmadethe industrygofaster Andtheadaptiontousers alsowentfaster.TheCEOofGlobalHealth TechnologyAS,AlfErikMalmbelievesit alsogavetheirindustryafinancialboost fromauthoritiesandthefinancialsector Asa result,healthcareprofessionalscanconnect withandprovidecareforconditionsthat havehistoricallybeenchallengingto diagnoseandtreat.

AVersatileLeaderwithExtensive Experience

AlfErikcurrentlyheadsGlobalHealth TechnologyasitsCEO.Hebeganhis professionaljourneyinthehealthindustryin 1997whenhegraduatedfromcollege,and Zenecahiredhimasapharmaceutical representative.Aftertwoyears,hewashired

CEO

The Most innovative HealthTech companies To Watch 2023

asanAreaManagerbythehuge GermancorporationBayerandgiven theresponsibilityofintroducinganew cholesterol-loweringmedicine.

Theversatileleaderwasthenrecruited byRochePharmaceutical,acompany thatatthetimehadseveral revolutionariesinthefieldofcancer treatment.Hemadethedecisiontoquit thepharmaceuticalindustryafterfive extremelyexcitingandenlightening yearsthereinordertospendlesstime awayfromhisfamily

"Mycareercontinuedinmedia,design, andsportsasanadvisorandgeneral managerfor15yearsbeforeIwas invitedtojoinGlobalHealth Technologyin2019,"saysAlfErik.

UsingTechnologyToDeliverCare MoreEfficiently

GlobalHealthTechnologyoperates globallywiththedevelopmentandsale ofcutting-edgeproductsinhealthcare. Itsmultifunctionalsiliconewound dressings,ErlandCareproducts,are madeinNorway,anditoffersgroundbreakingtechnologybasedonits patents.

Thecompanydevelopsproductswithin stomacareandwoundtreatment, whicharebackedbythird-party testing,thenextgenerationofskin protection.Itissuperlight,thin,and hastheabsorptioncapacityof15times itsdryweight.Theabsorptioncapacity helpsreduceleakagefromstomas, whichissealedinthesuperabsorbent; thisinturn,helpsreduceodours.

Thesemi-permeableperforated siliconeasanadhesivegivestheskina greatabilitytoventilate/breath, improvingwoundhealing.Thequality ofthesilicone,whichAlfErik&his teamhavetested,alsomakesiteasily

removableafteruse,alsoon establishedwounds,leavingto adhesiveleftonskin.

TheProtectiveSkinproductscanbe appliedtosoresandwounds,dryor heavilyexuding,suchasbedsures, diabetes-ulcers,traumaticwounds, first-andsecond-degreeburns,etc.The productsmayalsobeusedontopof otherproducts.Severaldressingsmay belayeredontopofeachotherincases wheretheexudingfluidsare considerable.

"TheUN'sSustainableDevelopment Goalsareacommonworkplanfora healthier,greener,andmoreinclusive communityby2030.Wearecommitted tosupportingGoal3,whichwantsto ensuregoodhealthandpromoting qualityoflifeforall,regardlessof age,"saysAlfErik.

TraditionalHealthcareAnd HealthtechCanWorkTogether

Thesynergiesfromjointopportunities, inAlfErik'sopinion,willinevitably leadtohigherhealthcarequality.These synergiesshouldbeencouraged constantly,buthistorically,theyhaven't alwaysbeen.Historicorold agreementsandlargecompanieshave hadafootholdwithinoraround institutionshasawayofhindering smallercompaniesthatoftenhavethe capabilityofquicklyturningaroundas aresponsetofeedbackanddelivering alternativeorimprovedsolutions.Not always,butsometimes.

AlfErikexplains,"Andwearenot usingthisasanexcuse,ratherameans ofinspiration.Challengeswillheadin ourdirectionleft,right,andcentre,and withthem,thecompaniesand partnershipsforgedwillforgeeven strongersynergies.Aplatformfor

intercommunicationandcooperationis importantandmightnotbeofinterest toall.Butforalargeportionofthe innovatorsoutthere,wefirmlybelieve cooperationandpartnershipswillgive areturntoallparties."

StrategizingGamePlans

AccordingtoAlfErik,GlobalHealth Technology'sproductsarecoming fromuser-driveninnovation.Having thatinmind,theirinitialdesignand materialswerechosenonthose grounds,which,whenchoosingto followthepathofneedandnecessity, willresultinaproducttobeproudof bythecompanybutalsowantedbythe crowd.

Whenmakingdecisionsinternally,the versatileleaderandhisteamalways takethemarket'scompetitionand innovationintoaccount.Evenasa smallbusiness,theymusthavetwo setsofgoalsinmind.Onebeinghow

toimprovetheproductfurtherand engagewiththeirtargetaudience,and two,isthereaneedtobefilledthat theyshouldbefilling?

MajorAchievements

GlobalHealthTechnology sinceits inceptionin2010hasgarneredmany achievements-

1.Thecompanyhasdeveloped2 productseriesthathastheusersin focusandgivesarealimpactintheir qualityoflife.

2.Itsteamconsistsofagroupofhigh qualifiedandengaged

3.In2020and2021,itwaschosento presentattheDNBNXTHealthcare conferenceasoneofthemost promisinghealthcompaniesin Norway

4.In2022itwontheSocialCare PremierSupplierHealthcareAwardin UK.

5.2023-AllErlandCareproducts availableonAmazon

KeyMilestones

"Asaresultofthepandemic,weasa companyhadtopivotinourlaunch preparationandplans,whichhada snowballeffectonour2022and2023 goals.Havingateamthatisconstantly focusedontheirindividualgoalsas wellasourteam'sgoalsandgoalsetting hashadamajorinfluenceonhowbig ofaneffect,orinourcase,howminor which,inthenaturalorderofthings, willgivewaytonewideasforour preparationsandlaunchambitions," statesAlfErik.Theversatileleaderand hiscompanyGlobalHealth Technologyarealreadyexperiencing

massiveinterestworldwidefrom distributors,healthcareprofessionals, andpatients/consumersoftheir products.

AlfErikhassetthemilestonesfor 2023,whichareambitious,buttheyare fundamentallybackedbythemarket researchheandhisteamare conductinginconjunctionwiththeir distributors.Itoncemoreinvolved communicationbetweenhiscompany anditspartners/distributors."Their ambitionsmustbesupportedbyour company`sabilitytodeliveronour end,andourambitionsshouldreflect thatofthecompany`steam,founder andshareholders,"saysAlfErik.

WordsofWisdom

Beingaseasonedprofessional,AlfErik sharessomevaluableadvice,"Cliché pitfallrighthere.Originalitywhen askedsuchaquestionisobviously hard.Andtobefairobstaclesonthe wayinanentrepreneuriallifestyleis probablyagiven,inmyopinion. Workingtowardsacommongoalasa teamiswhatmakesanentrepreneur strong,andateamisbuiltupby individualeffortssupportedbythe surroundingteam."Hefurtheradds, "RyanHolidaysbook"TheObstacleis TheWay"andJohnDoerr's"Speedand Scale"areclassics,withgolden nuggetsforeveryindividualoutthere tryingtotreadtheirownpath.Andas anoptionhavingafewsparring partnersormentorsontheway,ableto enrichenthoughtanddiscussion processeswithdifferentangles,cannot hurt."

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Revolutionizing Healthcare Services

Thehealthcaresectoris experiencingsignificant changesbroughtaboutbythe adventoftechnologythatisreshaping theprovisionofhealthcareservices. Oneofthetechnologiesthatare contributingtothisrevolutionisdigital health.

Digitalhealthinvolvestheuseof electronicmedicalrecords, telemedicine,wearables,mobileapps, anddataanalyticstoolstoenhance healthcareservicesandoutcomes. Digitalhealthallowsforpersonalized careandimprovedaccesstocare, whichmakesitasignificantdisruptor inthehealthcareindustry.

Forexample,telemedicineisapopular applicationofdigitalhealthbecauseit enablespatientstoaccesshealthcare servicesremotely,irrespectiveoftheir location.Thisisbeneficialforpeople livinginruralorremoteareaswhere healthcareaccessislimited. Telemedicinealsosavespatientstime andmoneyastheydonotneedto traveltohealthcarefacilities.

Wearablesandmobileappsareother applicationsofdigitalhealththatare transformingthewaypatientsmonitor theirhealth.Thesedevicesprovide patientswithreal-timehealthtracking datathatcanbeusedtodetectpotential healthproblemsandtrackprogress. Theycanalsoprovidepersonalized recommendationstopatients,suchas exerciseanddietplans,basedontheir healthdata.

Electronicmedicalrecords(EMRs)are alsocrucialcomponentsofdigital health.Theyprovidehealthcare providerswitheasyaccesstopatient information,enablingthemtomake informeddecisionsaboutpatientcare. EMRsalsoreducethelikelihoodof errorsassociatedwithtraditional paper-basedrecords.

Dataanalyticstoolsareanotheraspect ofdigitalhealththatisrevolutionizing thehealthcareindustry Thesetoolscan analyzelargeamountsofdatato identifypatternsandtrendsthatcan informclinicaldecisions.Theycan alsobeusedtodeveloppredictive

modelstohelphealthcareproviders identifypatientswhoareatriskof developingcertainconditionsand intervenebeforetheconditionbecomes severe.

However,Theuseofdigitalhealth technologiesalsoraisesconcernsabout theaccuracyandreliabilityofhealth data,aswellasthepotentialfor technologicalfailures.

Digitalhealthistransformingthe healthcareindustry,providingpatients withpersonalizedcareoptionsand improvingaccesstocare.Although therearechallengesassociatedwiththe useofdigitalhealthtechnologies,the benefitstheyofferaresignificant.As thehealthcareindustrycontinuesto evolve,digitalhealthwillbecome increasinglycriticalinimproving healthoutcomesandenhancingthe patientexperience.

BLACK SPACE TECHNOLOGY

Thedigitalworldismakinghealthcare easierandmoreefficient.Thanksto digitalhealth,youcanaccess medicalservicesrightattheclickofabutton -allwithoutthehassleofhavingtobe physicallypresentsomewheretogethelp withyourmedicalneeds.Notonlyisdigital healthincrediblyconvenient,butitcanalso beincrediblycost-effective,particularlyfor thosewithmobilityissuesorthoseinmore ruralareaswhicharelesslikelytohave accesstoadoctororaclinicnearby.For thesereasons,theuseoftelehealthand telemedicinehasgrownsignificantlyoverthe lastdecade.

Inrecentyears,telemedicineandtelehealth serviceshavemadetremendousadvancesin healthcare,andtheseadvancementshave becomeevenmoreimportantduringthe COVID-19pandemic.Morehealthcare providersarenowtakingadvantageof computersandsmartphonestoexaminetheir patientsremotely.Furthermore,telehealth servicesarebecomingmuchmoreaccessible, makinghealthcaresomucheasierfor patientstoaccess-regardlessoftheir locationorcurrenthealthstatus.

The Most innovative HealthTech companies To Watch 2023

Theseservicesreallytacklethesocial aspectsofhealth,overcomingthe physicalandsocioeconomicobstacles whichmayhaveotherwiseprevented folksfromgettingthehealthcarethey need.Morepeoplearetakingchargeof theirownhealth-andthiscouldreally makeahugedifferencetoeveryone's well-being!Thesameisundoubtedly trueforthemilitarysectortoo.

Telehealthgivessophisticatedmedical supporttomilitaryactivities throughouttheworldbyinvolving remoteexperts,anditservesasa platformfordevelopingfutureclinical decisionsupportandautonomouscare capabilities.Asidefromdeploying skilledclinicians,itistheonlyoption thatboostslocalcarercapacityatthe momentofneedwhilealsobringinga globalMilitaryHealthSystem(MHS) togetherthroughimproved collaborationacrossorganizational, contextual,andgeographic(for instance,hospitalversusdeployed) borders.

Foundedin2018,BlackSpace TechnologyLtdisleveragingthe powerofcutting-edgetechnologyto offerscalableandfuture-proofed

mobiletelemedicineandtelehealth solutionsformilitaryandcivilians.The medicalsoftwarecompanyhas previouslyimplementedthecivilian telehealthsolutionSafeMobileCarein theNHStomonitormorethan10,000 NHSLongtermconditionpatients, leadingtofewerhospitaladmissions.It isnowfocusedondeliveringtelehealth andtelemedicinesolutionsinthe militarymedicalspace.

AMedicalSoftwareCompany

BlackSpaceTechnologyisamedical softwarecompanyfocusedonmilitary telehealthandtelemedicine.Rapid Triage,theAndroidtelemedicine solutiondevelopedbyBlackSpace Technology,hasbeenimplementedto deliverfirst-classhealthcareinto remoteandcontestedenvironments. Thecompanyiscommittedto'closing thecaregap'usingtechnologyto improvecasualtyoutcomes.

Atpresent,RapidTriageisbeingused bytheUKMinistryofDefense,the SpanishAirforceandbeingtrialedby theSingaporeSpecialForces.Another solutionthecompanyoffersisRapid MobileWarrior,awearabletechnology

selectedfortheMoDArmy WarfightingExperimentin2020.The solutionhasbeendevelopedfor monitoringsoldier'sfitness,biometrics, andthreatsinbothtrainingand battlefieldscenariosusingwearable technology.Itwascommissionedby theDefenceScienceandTechnology Laboratory(DSTL)aspartoftheir WearableTechnologyProgramme.The companyhasalsodevelopedan AutonomousCasualtyEvacuation System(ACES)forusewithheavylift UAVstodeliverCASEVACinremote orbattlefieldenvironmentswhen conventionaltransportisunavailableor toohighrisk.

MeetTheVeteranLeader

Dr.DavidMorganheadsBlackSpace TechnologyasitsCEO.In1981,he graduatedfromBirminghamMedical School,andthencompletedhis surgicalresidencyinLondon,Boston, Sydney,HongKong,andBombay.He hasbeenaConsultantSurgeonat UniversityHospitalTrustBirmingham andanAssociateProfessoratthe ClinicalResearchCentreatthe UniversityofWarwicksince1992,

becomingpart-timein2016.

TheveteranleaderwastheSurgical SpecialityAdvisertotheNational PatientSafetyAgency(2000-2006).In additiontoservingasamemberof regionalandnationalmedical committeesandasamedico-legal advisortotheNHSExecutive,Dr. DavidMorganhasbeeninvolvedin NICEandNHSModernisationAgency projects.Heworkedasamedical officerfortheRoyalMarine CommandoReservesfrom1981to 1992.

Hisresearchteamwasthefirstto utilizeartificialintelligenceandan electronicnosetofindbacterial

infections,andtheypublishedtheir findingsinascientificpaperin1996. Heistheauthorof4AImedical patents,includingthemedicaluseof neuralnetworksonmobilephones,and haspublishedover60scientificpapers, including15onAIinmedicine.

Since2018,Dr.DavidMorganhasled theteamdesigningAndroidsolutions andtheuseofAIinmilitaryprehospitalcareatBlackSpace Technology.Nowunderhisreign,the companyhasdevelopedleading-edge telemedicinesoftwarethathasbeen adoptedbymilitaryorganizationsto improvecasualtycareagainst competitionfrommuchlarger internationaltechcompanies.Thisisa

significantaccomplishmentforDr. DavidMorganandBlackSpace Technology

OvercomingChallenges& Roadblocks

Dr.DavidMorganismotivatedto developsoftwarethatcouldimprove casualtycareinchallengingand remoteenvironments.Indoingso,he facednumerouschallengesand roadblocks.Oneofthechallengesis accessingdecisionmakersasthe marketisdominatedby'Primes,'slow salecycles,andsignificantcompliance barriers.

Whereastheroadblockshe

encounteredinvolvedhisinitial experiencewithNHS,whichwasa lackofdecision-makers,dysfunctional tenderprocesses,andanabsenceof momentumtoadoptnewtechnology Thiswasdemonstratedbyseveral COVID-19technologicaldisasters. Despiteallodds,henevergaveupand keptpushingforward,eventually leadinghimandhiscompanytothe greatsuccesstheyenjoytoday.

FormingAGamePlanToStay Ahead

Dr.DavidMorganbelievesthatin ordertoremaincompetitive,his companymustbeagile,configurable, hardwareagnosticandidentify opportunitiesunavailabletolarger competitors.Consequently,theyhave beendirectingtheirattentiontothese areasoffocus.

Furthermore,theveteranleaderandhis teamhavebeenfocusedononemarket –themilitarymedicalpre-hospital space,whichisanovelmarketfor many.Understandtheircustomers' needsbyidentifyingtheproblems combinedwithearlyengagementof endusersarecrucialinorderto implementacosteffectiveand successfulsolution.

CombinedEffortsLeadsToBetter Healthcare

Beingaveteranleaderintheindustry, Dr.DavidMorganbelievesthat COVID-19wasagreatexampleof howlackofinvestmentintechnology priortothepandemicresultedinalack ofcoordinationandincreased morbidityandmortality Technology providesagreatopportunityto transformtraditionalreactive healthcareintopreemptiveand proactivedigitalhealthcaredeliveredat

alowercostbutwithbetteroutcomes. Healthtechallowstraditional healthcaretobedeliveredinamuch morescalableandcost-effective allowinggreateraccesstohealthcareto marginalizedanddeprivedpopulations byleveragingmobiletechnology

KeyMilestones

Keymilestonesarecrucialinthe businessworldastheyprovideasense ofdirection,progress,and achievement.Theyalsoserveas importantmarkersforevaluatingthe successofacompany'sstrategiesand goals,allowingbusinessestoidentify areasthatrequireimprovementor furtherdevelopment.AstheCEOofa leadingmedicalsoftwarecompany,Dr. DavidMorganhassetkeymilestones forhiscompany,BlackSpace Technology Thisentailstwofurther tenderwinsandbuildingasuccessful companythatimprovescasualtylives withaviewtowardatradeexitinthe future.

One-LineQuoteBestDescribesHis BusinessAndVision

Whenaskedtoshareaone-linequote thatbestdescribeshisapproachtohis businessandvision,Dr.DavidMorgan stated,“How easy would it be to… Never, never give up….”

AdviseToTheBudding Entrepreneurs

BeingaveteranleaderandCEOofa leadingmedicalsoftwarecompany,Dr. DavidMorganadvisesbudding entrepreneurs,“Avoid early corporate investment if possible, embrace and learn from failures, don't depend on the NHS for financial success – prove it works in the NHS and migrate into other healthcare markets.”

CEO

An Affordable Digital Health Care Soluon for All

Inrecentyears,technologyhasbeen makingsignificantstridesinvariousin thehealthcareindustry.Healthtech enabledcompanieshavebeenrevolutionizing healthcarebyintroducinginnovative technologiestoimprovepatientcareand diagnosiswhilegivingaccesstomore affordablecarewithasignificantlybetter experience.

Inaddition,thesecompanieswere instrumentalinaddressingthechallenges posedbytheCOVID-19pandemic.They playedavitalroleinhelpinghealthcare providersadaptandrespondtotheCOVID19pandemic,providingessentialtoolsand resourcestohelptrackthespreadofthe virus,supportremotepatientcare,and developvaccinesandtreatments.

Asmedicaltechnologyadvances,doctorscan examinepatientsremotelyandmakeaccurate diagnosesoftheirissuesmuchofthetime. Usingvirtualtechnology,healthtechis playingasignificantroleeveninremote areasofourcountry.Healthtechhasprogress fromemployingtechnologytoimproving patientcareimpactoursocietyasawhole.

CEO

The Most innovative HealthTech companies To Watch 2023

ReviveHealth,ledbyJeffBernhard (CEO),isoneofthemostinnovative healthtechcompaniestowatchin2023. Jeffbelievesthathealthtechcompanies haveallowedtheworldtoopen everyone'seyesaboutwhatispossible withvirtualcarewhenitcomesto solvingandtriagingmedicalissues.It ishardtobelieveweallusedtodrive toadoctor'sofficeforanappointment insteadofjustdoingitfromourphones orthecomfortofourownhomes.This isthemostefficientuseoftimeand costforthesystemoverallandforthe patient.

MeettheVeteranLeader

PriortotheroleasCEOof ReviveHealth,JeffwasPresidentof ommercialarketsforHighmarkBCBS. Priortohisseniorleadershiproleat Highmark,heservedasPresidentof ContinentalBenefitsfor5years.Most ofhiscareerwasspentworkingin variousleadershiproleswithAetnain numerouslargemarketsacrossthe country.InhislastSeniorLeadership role,asSeniorVicePresidentofPublic andLaborforAetna,heoversawa significantlylargeblockofbusiness across35States.

Jeffactivelyparticipatesinanumberof nationalthoughtleadershipgroupsthat areconcernedwithnoveldelivery models,initiativesforhealthcare reform,completecostcontrol,and moreefficientwaystochangethe trajectoryofmedicaltrends.Heis extensivelyinterestedincommunity affairs,servesonanumberofboards, andisanavidgardenerYouTube Channel,"TheExecutiveGardener".

AWhole-PersonVirtualCare Company

ReviveHealthisawhole-personvirtual carecompanythatprovidesawide

rangeofservicesforitsmembers acrossthecountry,rangingfrom mentalhealththerapy,primarycare appointments,prescriptions,urgent care,glasses,andotherspecialty services.Itsmissionistoprovide trusted,simple,affordablesolutions thatimproveconsumers'accessto convenienthealthcareandenhancea person'soverallwell-being.The companycollectsalowmembership feefromEmployers,tocovertheir employees,andtherearenoadditional costsforcareforthemembers.Thisis first-dollarcoveragethatcompliments theirmajormedicalplan,giving membersanalternativetoalltheoutof-pocketexpenses,suchas deductibles,thattheyhavetopaywhen usingtheirmajormedicalplan.

PrimalChallengesandRoadblocks

Whenquestionedabouttheearliest difficultiesandobstaclesRevive encountered,Jeffresponded, "Employer,Consultant,andEmployee understandingofhowexactlywehelp theiremployeesaccesscaremore affordablyandquickerandhowwe complimenttheirmajormedical offering."

StrategizeGamePlans

Competitionisalwayshealthyfor businesses–itwillforceyouto innovateandtransformbyconstantly stayingaheadofthecurve.Plus,you needtounderstandwhatyour customers(andpotentialcustomers) value.Inthiscompetitivelabormarket, Employersstrugglewithattractingand retainingthebesttalent,whilereducing theiroverallmedicalspend. Revive hasproventosolvebothfor Employers.

Similarly,atReviveHealth,Jeffand histeamextensivelyresearchthe

markets,listentocustomers,identify upcomingtrends,andalwaystryto stay68monthsaheadoftheirrivals. veteranleaderbelievesthattheyhavea significantadvantagebecausethe majorityoftheirleadersarenotfrom thetechindustry,butinsteadwere execsinthehealthcareindustry The Reviveleadershaveexperienced, firsthand,thesignificantpainpoints andgapsthatexistinthecurrent healthcaresystem.

TraditionalHealthcareand HealthtechWorkTogetherforBetter Care

AccordingtoJeff,millionsofpeople willhavefasteraccesstocareata considerablylessercostthanksto healthtechcompanieslike ReviveHealth.Also,itopensgreater accesstocareforthemillionsof Americanswhoresideinruralareas, wheretheremaynotbeenough providers.Together,traditional healthcarecompaniesandhealthtech companiescanworktoimproveaccess andsignificantly,whileimproving convenience,achievinghigher satisfactionlevels,reducingfriction withthecareexperience,andbeing abletoaffordcarefor80%ofeveryday careneeds.

SourceofMotivation

"Itissimple,bringingaffordableaccess tocareformillionsofpeople, regardlessoftheircircumstances,"says Jeff.TheAmerican systemisnot workingforhundredsofmillionsof people,andJeffandhisteam help. Theveteranleaderhasobservedthat thereare130millionpeoplewhoare "functionallyuninsured."Thisterm meansthatconsumerscannotafford basiccareandprescriptionsbecause theymustmeeta$3,000annual deductiblefirst.Inaddition,patients

wait3to4monthsforappointments forbasicprimarycare,mentalhealth care,andevenlongerforspecialty care.Thisisclearlyunacceptable,and wearefocusedonbeingthesolution. Hence,ReviveHealth'smembersare seenforcarevirtuallyandwithinone tothreedays,forscheduled appointmentsandwithinonly15-20 minsforurgentcareappointments. Againtherearenocopaysor deductibles,andourdoctorsand therapistsprovideexcellentcarewith membersatisfactionlevelsbeingabove 98%.

MajorAchievements

UndertheleadershipofJeff, ReviveHealthisupandrunninginall 50Stateswithastrongteamof dedicatedemployees.Andafterone yearofofferingtothemarket,the

companyhas1.1millionmembers acrossthecountry.Someofthe differentiatorsthatseparateRevive fromthepackare:

• Exclusiveprimaryandacutecare teamofdoctors

• Memberengagementlevelsbetween 45-50%(IndustryBest)

• Focusoncontinuityofcare

• Interoperabilitythroughabidirectionalexchange

• Ownednationalpharmacy

One-LineQuotethatBestDescribes ApproachtoBusinessandVision

Whenaskedtoshareaone-linequote thatbestdescribeshisapproachto businessandvision,Jeffreplied, "Focusonbeingpassionateabout helpingothersthroughlivingand workingyourmission."

KeyMilestones

AstheCEOoftheleadingvirtualcare healthtechcompany,ReviveHealth, Jeffhassetkeymilestones.Revivewill doubleinsizeoverthenextyear throughorganicandinorganicgrowth, whilehelpingthousandsofAmericans achieveaccesstoaffordablecare.

totheBuddingEntrepreneurs:

Beingaveteranleaderinthehealthcare industry,Jeff'sadvicetobudding entrepreneurs,"Findsomethingthat solvesamacroprobleminoursystem, society,ortheworld.Also,doitina fieldthatyouhavesignificant experiencein,soyouclearly understandallthedynamicstosolve theproblem".

Gl bal Healthmarket scenario

Theglobaldigitalhealthmarket hasbeenexperiencing significantgrowthinrecent years,thankstotheincreasingadoption ofdigitalandcommunication technologiesinthehealthcareindustry. AccordingtoTheTycoonMedia Research,thedigitalhealthmarketwas valuedatUSD250.5billionin2022 andisexpectedtogrowataCAGRof 17.3%from2023to2030.

Digitalhealthencompassesawide rangeoftechnologiesandapplications thatleveragedigitaland communicationtechnologiesto enhancehealthcaredelivery.These includetelemedicine,mobilehealth, healthinformationtechnology(IT), wearables,andpersonalizedmedicine. Thesetechnologieshavetransformed healthcaredeliverybyprovidingmore personalizedandefficienthealthcare solutions.

Oneoftheprimarydriversofthe digitalhealthmarketistheincreasing

demandfortelemedicineservices. Telemedicinereferstothedeliveryof healthcareservicesremotelyusing digitalandcommunication technologies.Thisincludesvirtual consultations,remotepatient monitoring,anddigitalhealth coaching.Telemedicinehasbecome increasinglypopularduetoits convenience,accessibility,andcosteffectiveness,especiallyduringthe COVID-19pandemicwhenmany peopleareavoidingin-personvisitsto healthcarefacilities.

Anothersignificantdriverofthedigital healthmarketistheadoptionofmobile health(mHealth)solutions.This includesmobilehealthapps,which allowpatientstotracktheirhealthand fitness,monitorchronicconditions,and receivereal-timehealthinformation. mHealthsolutionshavebecome increasinglypopularduetotheirease ofuse,accessibility,andabilityto providepersonalizedhealthcare solutions.

Thedigitalhealthmarketisalsoseeing significantgrowthintheareaofhealth IT.HealthITreferstotheuseof technologytomanageandanalyze patienthealthinformation,including electronichealthrecords(EHRs), clinicaldecisionsupportsystems (CDSS),andhealthinformation exchange(HIE)platforms.HealthIT solutionshavebecomeincreasingly importantinimprovinghealthcare quality,reducingmedicalerrors,and enhancingpatientsafety

Thewearablesmarketisanotherarea ofsignificantgrowthinthedigital healthmarket.Wearablesaredevices thatarewornonthebody,suchas smartwatchesandfitnesstrackers,that cantrackvarioushealthmetrics, includingheartrate,sleeppatterns,and physicalactivity.Wearableshave becomeincreasinglypopulardueto theirabilitytoprovidereal-timehealth informationandencourageindividuals toadopthealthierbehaviors.

Finally,personalizedmedicineisanemergingareaofgrowthinthedigital healthmarket.Personalizedmedicinereferstotheuseofindividual patientdata,suchasgeneticinformation,todevelopmoretargetedand effectivetreatmentplans.Personalizedmedicinehasthepotentialto revolutionizehealthcaredeliverybyprovidingpatientswithmore personalizedandprecisetreatmentoptionsbasedontheiruniquehealth profile.

Thedigitalhealthmarketisexpectedtocontinuetogrowinthecoming years,drivenbytheincreasingadoptionoftelemedicine,mobilehealth, healthIT,wearables,andpersonalizedmedicine.Thesetechnologieshave thepotentialtotransformthewayhealthcareisdeliveredbyproviding morepersonalizedandefficient healthcaresolutions.

R&D RIBITZKY DIGITAL HEALTH

A Cross-Functional Global Expert In Digital Health & Precision Medicine

Decade-longinnovation-adoption cycleswerereducedtoafewweeks inthewakeofthepandemic-shiftinghealthcare's'Center-of-Gravity'from whereprovidersworktowheretheirpatients live.OurunderstandingofGenomicsand whatwecandowithithasbeentakenover byMulti-Omicsguidingprecisiondiagnosis andtreatmentofcancerandotherdevastating conditions.Andhealthcare'discovered' WholePersonCare,CustomerExperience (CX),andNetPromoterScore(NPS). Thesearejustafewdriversthatpropelled HealthTechtotheworld'stop-of-mind. Andso,ampleopportunityemergedfor innovatorstodojustthat:Innovate;for entrepreneurstoteamupwithinvestorsto createandaccelerateshare-holdervalue;for healthcarepractitionersandforthosewho theyserve.

Forallofus.”

MeetR&DRibitzkyDigitalHealth, establishedbyDr.RonRibitzky,M.D. (Founder&CEO),isoneofthemost innovativehealthtechcompaniestowatchin 2023.Thecompanyprovidesaone-stop-shop opportunityforitsclientstobenefitfromits cross-functional,strategic,andhands-on expertiseinDigitalHealth,Precision Medicine,andExperienceDesignthroughout

The Most innovative HealthTech companies To Watch 2023

theproduct,program,andproject lifecycle.Itservesinvestors, entrepreneurs,startups,corporate venturingteams,andPublicSector organizations.Worldwide. ThisincludesWalmartHealth& WellnessInnovationLab,Microsoft R&DCenter,AmericanCollegeof Cardiology,KaiserPermanente/SAIC, Frost&Sullivan,Deloitte,NIST/ AT&T,NationalScienceFoundation/ USISTF,TÜVSÜD(Singapore), AsklepiosKliniken(Germany), USTDA(Rwanda),andUNEconomic CommissionforAfrica(UNECA), amongothers.Assituationalleaders andentrepreneurialdriversof pragmaticinnovation,itshighly differentiatedcapabilitiesinclude:

• Leadingandmanagingstrategyand actionfromthe'Big-Idea'throughout theproductandprogramlifecycle;

•Workingwithandacrossclinicaland business,scienceandtechnology, creativeUXandproduct development,marketingandsales, operationsandecosystemteamsin centralized,co-located,and decentralizedmulti-national environments;

•Leveragingbroadanddeephands-on, scientific,andmanagerialtechnology expertise.

MeettheMulti-facetedSituational Leader

Dr.Ronisaphysicianturnedglobal technologyentrepreneurandthought leader--onamissiontohelpreduceor eliminatetheburdenofdiseaseby acceleratingtheadoptionofpragmatic innovationinDigitalHealthand PrecisionMedicineWorldwide.His extensivecross-functionalleadership andhands-onexperiencedeveloped throughworkingforandwithleading globalbrandsandworld-class

organizations,start-ups,R&D,and academiaintheU.S.and26developed andemergingeconomycountries. Throughouthistenyearsofclinical practice,themulti-facetedleader workedasaSearchandRescueAir ForceFlightSurgeon,aPrimaryCare Physicianinsoloprivatepractice,and aSeniorResidentinPediatrics. DeliberatingwithhisAirForcebase commanderaboutthephilosophyof scienceandtheinteractionbetween humanityandtechnologysparkedhis journeyasanavidpractitionerof AppliedScience.Andsoemergedhis life-longpassiontoacceleratethe transformationofscientificdiscovery tosolvingproblemsworthpursuingin healthandwellness.

“In 'worth pursuing,' I mean large scope and scale of tackling disease burden on individuals, their families and loved on, the communities they live in, their nations, and beyond. In 'burden,' I mean physical, emotional, social, economic, and political,”states Dr.Ron.Hefurtheradds,“Nowadays, both are commonly known as Whole Person Care (WPC) and Social Determinants of Health (SDoH), made possible by Real-World Data (RWD) and Real-World Evidence (RWE) – and orchestrated by practicing Personalized Medicine, Precision Medicine, and Value-Based Care. Intrigued by the similarity between the foundational theory of Artificial Intelligence, design principles driving AI technologies, and my practicing clinical judgment one patient at a time, one decision at a time, I have set out to explore the practical, real-world opportunity to make the two work. I sensed then and know now (for many years…) that to be successful past the Shiny Object, user experience has to be

won.

Pragmatic,real-worldclinician experiencehasdistinguishedDr.Ron's AIsystemfromthen-leadingAI applicationsinmedicinethat dominatedtheacademicrealm.And thekeytohissuccesswasexceptional mentorswhojoinedhiminasking 'Why?'and'SoWhat?'–whiledefying the'NIHSyndrome'(NotInvented Here)and'This-is-how-we-havealways-done-that.’

Thisreal-time,interactiveAIsystem fordifferentialdiagnosisinPediatrics launchedhistransitionfromclinical practicetotheDigitalHealthjourney–throughtheacademicsideofMedical InformaticstohealthcareenterpriseIT, commercialhealthcaretechnologies, andthoughtleadership.

Andso,hisfull-timetechnology journeystartedatBostonChildren's HospitalandHarvard.Dr.Ron's DigitalHealthcareerdevelopedrapidly fromSeniorProgrammerAnalystand ClinicalViewsTeamLeaderto DirectorofApplicationsandActing DirectorofResearchComputingat BostonChildren'sHospital.TwoCIO roleslater,Dr.Ron'crossedover'to vendorplayasVPAdvancedResearch atEclipsys(anElectronicMedical RecordISVacquiredbyAllscripts), SeniorHealthcareStrategistand WorldwideMarketingCampaign ManagerofMobilePointofCareat Intel,Co-FounderandSVPProduct ManagementofSPHAnalytics (acquiredbyPressGaney),among others.

RecallingthelaunchofR&DRibitzky, Dr.Ronstates,“ As demand for my cross-functional expertise was growing quickly, I formed R&D Ribitzky.

Serving consulting firms, ISVs, and healthcare provider organizations, my first clients were US-based. My business has grown organically in the US and worldwide ever since, and we have expanded the scope of our crossfunctional expert services to investors, entrepreneurs, startups, corporate venturing teams, public-sector organizations, and academia. With only a few exceptions, I led R&D Ribitzky's business while serving as CIO of two academic medical centers, Symphony Health Solutions (acquired by PRA then ICON).”

Hefurtheradds,“While doing all this, my academic career developed from Clinical Instructor, Pediatrics to Visiting Scientist Artificial Intelligence at Weizmann Institute of Science Applied Mathematics and IBM Science Center (Israel); Research Fellow at Harvard Medical School, Preceptor at Harvard School of Public Health, Assistant Professor Pediatrics at UMass Medical School, Assistant Professor at Emory School of Public Health Center for Clinical Evaluation Sciences, and Visiting Professor at Kigali Institute of Science & Technology Rockefeller Center for eHealth, and Kigali Health Institute (Rwanda).”

Innovator'sTrueNorth

DuringtheearlystagesofR&D Ribitzky'sformationandgrowth,there werenoproblemsorroadblocks.Dr. Ronattributesthedemandcreationand leadgenerationaspectsofthissmooth starttohisco-brandingasaHarvard Officerandmemberoftheleadership teamofaninnovativehealthcareIT teamatBostonChildren'sHospital. “I'm an intuitive pragmatic innovator” says Dr. Ron. “I embed myself and my

team in the problem space and the value of solving it. This is our compass. And we partner with our clients to find the True North for them and for the people they serve. This is the hallmark of R&D Ribitzky” he adds, “I leave innovation for innovation's sake to others.”

[QUOTE from LinkedIn]

“One of Ron's major skills is to view things in a different light than anyone else previously has and to see the path to solutions where none had been available before”

-- Peer, Harvard

Hissuccessexecutingthroughoutthe engagementandfulfilmentcyclewas foundedonhisexperienceasanAir ForceFlightSurgeonandClinic Commander,thatrequiredfocusand precision.Andthemulti-faceted leader'stenyearsofexperienceasa cliniciancomplementedhiscredibility asacross-functionalexpertwho thrivesunderuncertaintyand opportunitytoinnovate.

DiversificationIsCodedInItsDNA

“

Diversification is inherent in our cross functional expertise and hands on experience. It is 'coded' in our DNA. And this is the 'engine' that keeps on attracting repeat and new clients,” saysDr.Ron.Tacklingcompetitionis tiedtothiscross-functionalthroughout-the-lifecycleDNAthatis codeddeepinR&DRibitzky,its demonstrablecapabilitytoplayinthe 'Big-Idea'aswellasturningittoaction andoutcome,andthecapitalefficiency itsclientsappreciate.

AccordingtoDr.Ron,conventional consultingbusinesseshavealotof overhead.InanefforttomatchR&D Ribitzky'squalifications,theyalso provideaclinicianwhomayhave

sometechnologicalunderstanding,a technologistwhomayhavesome healthcareknowledge,andamarketing specialistwhomayhavesome knowledgeofbothhealthcareand technology Theynowneedto designateaprojectmanagertooversee thisthree-personteam.

TraditionalHealthcareAnd HealthtechCanWorkTogether

Theoretically,healthcare organizations—bothpayersand providers—shouldseizethe opportunitiesthatHealthTechpresents becauseofwhattheyhavetogive.Yet inpractice,theyshouldn'tjumpat theseopportunitieswithoutthinking first.Theyshouldthinkaboutitnotas atechnologyimplementation–butasa technologyimplant.Theyshould consideritnotbecauseofwhat technologycanaccomplish,butrather becauseofwhatitoughttodo. AccordingtoDr.Ron,inpractice,both healthcareorganizationsand HealthTechshouldqualifyeachand everysuchopportunitythroughthese lenses:

1.Howdoesitworkfortheuser–endto-end?

2.Shouldtheytrustthedatathroughout thisend-to-end?

3.WhatwouldbetheReturn-onAdoptionstrategyandtracking?

DigitalHealthIsaTwo-Edged Sword

Asakeyplayerinthehealthcare industry,Dr.Ronbelievesthatthe accelerationinDigitalHealthisatwoedgedsword.Innovationisfascinating, andwithitcomesfalsehopespastthe ShinyObject.Itissimilartoclinical trials.Youmakepromisingprogressas youmovefromPhaseItoPhaseII. Individualsbecomeenergizedand

hopeful.Mostthenfallshortinthe PhaseIIItransition.Thetwo formidablebarrierstoachievingnot onlysustainable,butprogressively growingReturn-on-Adoptionof innovativeDigitalHealthandPrecision Medicinesolutionspastthe 'PropagandaPhase'areUser Experience(UX)andinteroperability

Thetwoaretightlyinterrelated–and criticallyinterdependent.

Recipientofawardsandrecognition [QUOTESfromLinkedIn]

“Whilst a heavy weight intellect, Ron takes a hands-on approach at a program, project level to surpass both customer and business results”

-- EMEA Digital Health Manager, Intel

“A gifted thinker - able to see puzzle pieces and the entire puzzle in tandem”

– Senior Life Sciences Analyst, Frost & Sullivan

“Ron's vision and leadership from marketing and sales support to sales demonstrations and prototypes contributed to winning one of my largest deals ($100+Million)”

-- Sales Executive, Eclipsys

Dr.Ronandhisteamsreceivedample honorsandrecognitionfromcorporate leaderships,salesteams,andpeersfor entrepreneurship,risktakingand customerorientation–gainedby exceptionalteamwork,results orientation,anddiscipline.Heisthe domain-expertrecipientofIntelAward fordevelopingandbringingtothe globalmarketaValueModelforITin Healthcare.

Hisstrategicleadershipanddomain expertiseplayedakeyroleinEclipsys winningAcuteCareEMRandAcute CareEMRComponentsawards. “The award I cherish the most is a

prospect telling their team at the end of the sales pitch 'we've got to have this'”, saysDr.Ron.

Clients'Return-on-Innovation

R&DRibitzky'sachievementsfortheir clientsaremanyastheyarediverse.So weaskedDr.Rontosharewithyou, thereaderjustafewexamples:

Winningcompetitivebid

•LedtheClinicalScenariosTeamfor SAIConKaiserPermanenteRFP SAICwon$85MPilotNationalEHR contract

•StrategicadvisoronACC'sNational CardiovascularDataRegistryRFP. Clientwoncontractcompetingwitha multi-nationalcorporation.

•Strategicdomainexpertiseand technologyadvisoronUSTDA's Ministerial-levelEastAfrican CommunityeHealthworkshopbid. Clientwoncontract.

Guidinginvestorsandstart-up founderstotheirTrueNorth

•Ledbusinessplanforclinical performance&patientsatisfaction analyticsstartupopportunity.PEbackedSPHstart-upwasformed.

•ITstrategicplanandbudgetfora newlyformeddevelopmental disabilitiescarecenterapprovedby theBoard.HiredasCIO

•ExpertReviewerof300+startup proposalstothe$4BFoundation's BioMedandITClustersprogram alongsideMIT,Intel,Microsoft, IBM,Cisco,GE,EMC,Accenture, andJohnson&Johnsonamong others

•PerformedM&Aduediligenceof imagingandEMRsystemsfor UnisysandVCs

•Ledclinicalandtechnologystrategy forpredictiveanalyticsstartup.Client wonglobalexclusivebig-datasupply contract.

Thoughtleadershipstrategyandaction

•Wonayear-longcontentstrategyand interactivemediadevelopmentfor WalmartHealth&Wellness InnovationLab.Delivered12-month contentcalendarincluding29 medicalconditionsandwellness themes,andfourseasonalconditions backedby60thematicvideos,12 interactiveconnectedtechnologies multimediaapps,andmonthly executivebriefingmobileapp

•Ghost-writerofBuildingHealthcare's "GroundTruth"withAIforthe KomodoHealthvaluedat$3B+. Thoughtleadershiparticlewas publishedbyPharmExec.com

•ReporttoNSFKnowledgeMining

PersonalizedMedicine:TheCasefor WhiteSpaceR&D

•LeadauthorofPragmatic PerspectivesonBlockchainfor HealthcarewithIntel,Accenture, Aetnaamongothers

•BlockchainInnovationAdoption RoadmapadoptedbyFrost& Sullivan

•Keynote&managementworkshop

“Healthcare2030:Disrupted”at “SmartNationinSingapore”forthe $2B+MNCTÜVSÜD

•Developedmarketingandsales collateralsonmobilepointofcarefor aglobaltechnologycompany

NavigatingthroughadvancedR&D

•Set-straightat-riskNIST-funded NationalMedicalPractice KnowledgeBankforAT&TProgram ManagementOffice

•ModeratorofNSF'sdirection-setting workshoponknowledgeminingfor PersonalizedMedicine

•Clinicalworkflow,technology,and ecosystemadvisortoAsklepios FutureHospital($3BprivateHCOin Germany)

Solvingcomplexcrossfunctional problems

•Expert-witnessanalysisofamedical errorinvolvingEMR-HIS interoperabilityataleading Healthcareorganization.Clientwon thecase.

•Set-straightAIDSpreventiondata managementforGAHHS.Federal fundingreinstated.Methodadopted nationwide

•SemanticInteroperabilityTeamLead forSAICatKaiserPermanente's NationalClinicalInformationSystem (NCIS)

Technologyeventstrategyand execution

•Ledtechnologymarketingfor USTDA'sUS-ChinaHealthcare Roundtable.Eventsoldout

•OrganizingcommitteeofHIMSS19 BlockchainSymposium

•StrategicAdvisortoAMTECKAZANandAgendaModeratorof

ICOSummit&Competition.161 Blockchainentrepreneurs,investors, andcorporateadvisorsfrom15 countriesand18industriesand marketsegmentsparticipated

Academic&scientificprograms

• SubmissionReviewerandMentor, PrecisionMedicine&Genomics trackHIMSS2018andHIMSS 2019;Technology&User ExperiencetrackHIMSS2023

• TaughtMasters-degree“Introduction tostrategicplanningofnational eHealth”and“Social-cultural,Legal andEconomicImpactofHealth Informatics”coursesinRwanda.45 publicandprivatesectorstudents graduated

KeyMilestones

ThemilestonesDr.Ronhassetto acceleratethepathtoareDigital Twins,graphtechnologyinfrastructure, andknowledgegraphs “because they

make exploring and innovating solutions for complex problems in Digital Health and Precision Medicine in ways not previously practical,” says Dr.Ron.

"Goingforward,trust,relevance,and useexperiencearetheleading determinantsofHealthTechinnovation' success”headds.“Return-on-Adoption willseparateshort-livedShinyObject technologiesfrompragmatic innovation.”

Asforthefutureplans,Dr.Ronsays, “In the near future, I see myself going deeper into Whole Person Care. My future goals are coded in mission: help reduce or eliminate the burden of disease by accelerating the adoption of pragmatic innovation in Digital Health and Precision Medicine Worldwide.”

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