November 21, 2019
Wireless: A Catalyst for Health & Wellness
Even with one of the most innovative and advanced technology and health sectors in the world, Americans are experiencing poor health outcomes at unexpectedly high rates. Promising treatments and improvements to care cannot always keep pace with the rapid rise of disease and need for Americans to lead healthier lifestyles.
Several complex factors—the high cost of, and access to, quality care, a shortage of primary care providers, poor nutritional habits and more—make improving the health of Americans a challenge. Increasing socio-economic inequality causes some to suffer from poor health outcomes at disproportionately higher rates than others.
For decades, both medical professionals and everyday Americans have looked to technology to address health concerns, and promote personal wellness. Wireless technology is propelling the health and wellness fields forward, connecting patients to services and resources that might not have previously been available to them.
In a 2017 survey of healthcare executives, 84 percent said that wireless innovations—including 5G—will generate better patient outcomes. With next-generation networks, doctors can better treat homebound or rural patients through telemedicine, perform robotically assisted surgeries in communities across the country and detect and treat illnesses with the support of real-time data analysis through remote monitoring devices.
Wireless doesn’t stop there, consumers are actively interested in using wearable devices to improve their health and wellness through tools such as fitness trackers, virtual coaching and nutritional intake and education apps. According to Accenture, 75% of healthcare consumers agree that using wearable health devices to monitor glucose, heart rate, physical activity, sleep, or weight helps with understanding their health condition.
Wireless technology can also help Americans save on health expenses. Wireless has the potential to generate $305 billion in healthcare cost savings every year and wireless-enabled advancements are critical to making quality, accessible care a financial reality for all.
The advent of 5G will further improve health and wellness outcomes for Americans. According to Qualcomm, 5G will allow doctors to access medical information in real-time and make health care more personal. As Samsung noted, these advancements in 5G connectivity will bring hospitals to the patient.
The potential for wireless innovation in health and wellness is limitless. With social entrepreneurs and start-ups creating new wireless health innovations, we are excited for our newest initiative Catalyst—a competitive grants program with the mission to accelerate wireless innovations that improve lives in American communities.
In its inaugural year, Catalyst will award unrestricted grants of up to $100,000 to ambitious and innovative social entrepreneurs using wireless technologies to solve America’s most pressing health and wellness issues.
If you are a social entrepreneur who is passionate about wireless technology’s potential for solving health and wellness challenges, apply to #BeACatalyst by December 9, 2019 at 11:59 pm ET here.