Execs, Developers, and Investors Forge Ahead in Wireless Healthcare
Top Thinkers To Convene at Three-Day Summit May 10-12, 2011
NEW YORK--(BUSINESS WIRE)-- A microchip embedded inside a “smart” pill automatically relays critical patient information to a doctor about conditions ranging from diabetes to adverse reactions to an organ transplant. Another technology-enabled “smart” device is a pill bottle with a cap that, when opened, sends a wireless status signal to a device that relays this signal to a care provider.
At the forefront of this sort of innovative thinking in healthcare is TripleTree, LLC, a co-founder of the Wireless-Life Sciences Alliance (WLSA). “There is a convergence hitting healthcare hard, and wireless and mobile devices are key drivers,” says Chris Hoffmann, senior director and chief marketing officer of TripleTree. As an independent investment bank, TripleTree has a long history of working with forward-thinking companies in healthcare and technology.
For the sixth consecutive year, WLSA is sponsoring the Convergence Summit, a three-day event to be held May 10-12, 2011 in San Diego. It brings together an exclusive cadre of healthcare and technology executives, investors and innovators. Their mission is to advance wireless and mobile solutions in healthcare via a forum comprised of lively debate, brainstorming and the spirited exchange of ideas.
Hoffmann says, “Six years ago, this field was brand new. WLSA was formed by a few visionary healthcare and technology executives who saw the potential for wireless and mobile within the field of healthcare. They took a lead role in shaping the discussion and putting in place a sort of brain trust.” Founding partners in the organization include Qualcomm and Johnson & Johnson. WLSA’s membership now includes global companies such as AT&T, CareFusion, OptumHealth, Proctor and Gamble and 3M, as well as venture-backed startups and health-focused nonprofits such as Ascension Health.
“We’ve moved well beyond ‘Help! I’ve fallen and I can’t get up,’” says Robert McCray, president and CEO of WLSA. “Death rates are twice as high for people with diabetes and heart disease who don't take their pills properly. ‘Smart’ devices and intuitive applications that support wellness and independent living are core to the future of healthcare.”
“With five billion cell phones in use worldwide, delivering relevant healthcare applications can and will change the face of global healthcare,” Hoffmann added. “It will also reduce healthcare’s cost, particularly in the U.S., where healthcare is most expensive.”
The Convergence Summit (May 10-12, 2011, Manchester Grand Hyatt, San Diego), breaks out with short, executive-level brainstorming sessions. Topics range from chronic disease management to new healthcare models to technology that can improve care for seniors by helping them live at home. Day two focuses on innovation and finding an investment return on wireless and mobile health technologies. In the afternoon, the annual TripleTree-sponsored I Awards for innovation in healthcare and technology are to be presented. Day three focuses on practical issues in building and marketing wireless healthcare devices and applications. Also on day three, the Innovators Pavilion will showcase sponsoring companies with informal conversations and hands-on demonstrations. The cost to attend all three days is $1,950. Single-day admissions and special packages are also available beginning at $395.
WLSA is an international nonprofit think tank that puts CEOs from the world’s most innovative wireless and mobile health companies together with global leaders in healthcare and technology and financial sponsors.
TripleTree, a founding member of the WLSA, is an independent investment bank and strategic advisor providing growth companies in healthcare and other technology-enabled vertical industries with merger and acquisition, private capital and principal investing services.
For more information about the 2011 WLSA Convergence Summit, go to http://www.wirelesslifesciences.org/wlsa-events/
For media inquires, contact Mantra Public Relations, +1-212-645-1600, Gaye Carleton, [email protected].
For Wireless-Life Sciences Alliance:
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