‘Reverse innovation,’ a principle well established in the business world, describes the flow of ideas from emerging to more developed economies. Reverse innovation refers to the process of first identifying and/or fostering a successful innovation in a LIC that addresses an unmet need in a HIC, then adapting and spreading the innovation from the LIC to the HIC. It is, in a nutshell, learning from and investing in poorer settings as one way to tackle problems in wealthier settings that require out-of-the-box solutions. The realization that the American health care system must simultaneously decrease per-capita cost and increase quality has created the opportunity for the United States to learn from low- and middle-income countries. At GE Tech Mela, I came across GE's Stripped-down, portable ECG machine- GE Healthcare's MAC i is an ultra-portable, battery-operated electrocardiogram machine, designed for use in rural clinics in India, where mains electricity is e...
#MachineLearning, #BigData analytics, #ArtificialIntelligence have made the space of #digital #health even more interesting. Emerging markets like India are taking on these learning and bringing exciting business models. This blog is about Dr Dass's involvement in such projects and case studies. more on www.healthcursor.com