The healthcare sector almost overslept the start of the digital age – this is how numerous experts assessed the situation at the 2019 Finance and Economy Forum. A lot can be achieved with digitization, especially in the medical sector: This ranges from minimizing errors to optimizing processes in practices and clinics. To reduce costs, increasing efficiency in healthcare is essential. Innovative micro-electronic devices can help.
Patients want the best possible and at the same time affordable health care – a claim that has become increasingly difficult to meet in recent years. Medical progress increases life expectancy, but also costs and the number of sick people. In order for the healthcare system to remain affordable, increasing efficiency is urgently needed. In this way, enormous savings can be achieved through expensive digital administrative and organizational effort. At the same time, modern real-time data management gives medical staff the freedom to concentrate more on their core task of caring for patients. What is urgently needed in times of a shortage of doctors and nursing needs.
Modern chip technology provides the basis for impressive solutions to increase efficiency. Microelectrons the size of a fingernail are now able to communicate in real time with other electronic devices such as a smartphone or tablet.
With the iNail, the Swiss innovation entrepreneur Wearable4you has succeeded in developing so unique that it could fundamentally change the processes in the hospital: an electronic, intelligent fingernail. The small fingernail sticker contains encrypted, individual data that can be read with a smartphone app and is blockchain-enabled.
The iNails are glued onto the fingernail and programmed using cryptographic methods. There is also the option of designing the iNails so that they self-destruct when removed. Confusion and misuse are avoided. The CEO of Wearable4you AG, Athanasios Nik Lazanas, says about patient safety: “For age-related or health reasons, you are dependent on assisted living in retirement homes. These people are often confronted with the problem of poor data management. Many retirement homes face the challenge of accurate and unambiguous data preparation and processing. W4Y AG strives to revolutionize the healthcare sector through the efficient and modern technology of the iNail. “
Large companies from the medical industry have already become aware of the development company, because Swiss clinics and old people’s homes are already being supplied and the demand from Swiss clinics and old people’s homes is increasing rapidly.
What do iNails offer to increase efficiency? They increase patient safety, increase patient satisfaction and ensure cost optimization through direct usability in everyday life. As the CTO Heinz E. Schmitz explains, the entire system was designed for maximum user-friendliness, so that “doctors and medical staff can concentrate 100 percent on their core task”. Of course, the iNails meet all the necessary FDA standards, they are CE certified and MedGV tested. Communication with the smartphone app is wireless and energy-free. In the long term, the iNails will be able to perform additional functions in addition to patient identification. One would think of monitoring and transferring the vital signs or the pacemaker function.
The system can also improve efficiency in nursing homes: as one of many options for the interactive support of people with dementia when taking medication.
Digitization is our future. It enables an increase in efficiency in healthcare by simplifying work processes, avoiding errors and reducing the effort for monitoring and documentation.