All ears for the exclusive podcast with Abhishek Shah, Co-Founder and CEO of Wellthy Therapeutics.
“The overwhelming data on digital therapeutics available around the world have shown that science works. Implementing this science with a personalized approach for a specific user / patient increases the success rate on a large scale. “- Abhishek Shah, Co-Founder and CEO of Wellthy Therapeutics.
Abhishek Shah, Co-Founder and CEO of Wellthy Therapeutics.
about Wellthy Therapeutics
Wellthy Therapeutics, a pioneer in digital therapy, wants to solve the problem of chronic diseases with the disease management platform. The Wellthy Therapeutics drives the mission to inspire and empower 10 million patients reverse, prevent or control their chronic condition by 2030, especially in South Asia and other emerging economies. According to WHO, 53% of the deaths in India are due to chronic diseases. The problem is not just limited to the increased death rates, but also to that harmful and reduced impact on the economy of families and countries as a whole.
The core of the discussion
The podcast begins with an important discussion about how Digital Therapeutics is different from medical treatment. Abhishek, Co-Founder and CEO of Wellthy Therapeutics, explains this using the Bullseye framework, where he compares the outermost circle to anything that encompasses digital health, e.g. B. e-pharmacies, diagnostics, medicines and others.
In the middle circle, digital medicine comes into play, where the solutions are based on complete protocols and standard guidelines and continue to be used in the healthcare system.
The innermost and most important circle represents digital therapeutics, the bullseye. In short, it is a merging of software and hardware-based solutions with telecommunications platforms that provide real-world evidence of the success rates of digital therapeutics. Since the procedure is completely digital, hence the name “Digital Therapeutics”, explains Abhishek. The testing procedures and compliance with therapeutic quality standards are the same as any other drug or medical device test to prove effectiveness.
Importance of the qualification of patients with chronic diseases
As the conversation progresses, Abhishek explains the importance of educating consumers or patients with chronic diseases and empowering them to take control of their health at a lower cost, adding, “Chronic diseases become more than two Health care costs make up one third because medication, medical consultations and other factors are not enough. Digital Therapeutics is structured to complement existing health care and improve the real-world outcome. This is not limited to just the patient, but also to the family members, paramedics, or doctors who oversee them and have sufficient data to guide and monitor their patients and change the way care is provided. ”
Turn on the podcast Google Podcast, Spotify, and Apple Podcast Listen to this amazing discussion and learn more about how the pandemic has impacted the healthcare industry and how the right partnerships can play a prominent role in growing a business.
The discussion ends with a ket note from the speaker in which Abhishek states:
“Success never belongs, it is rented out. And the rent is due every day. ”
About the host
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