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3 Febuary edition of the Telemedicine Reporter International Edition (PDF) for download thanks to US Tele-Medicine. To be emailed when the next is released email their media dept.


Anonymity Policy

 

The gist is...If you have a serious comment to make anonymously...email it, don't just post it.


Truly anonymous comments - where the writer is unknown - are not published unless they are unexceptional.

Comments or articles where the authorship is known but are offered for publication anonymously are considered on their merits. (Email Steve or Donna in confidence.) There are some circumstances where it is necessary to be close to a particular situation to be able to throw light on it but to write about it publicly would jeopardise the author's position. In that case, the decision to publish an item anonymously hinges on the question of whether or not it is informed opinion that will add insight to, or might start, a debate on a particular topic.

Unsubstantiated allegations of illegal behaviour or substandard products, for example, would not be posted unless they could be independently verified, in which case we would probably publish them ourselves.

Just because a post, article or comment, etc. is published on Telecare Aware readers cannot and should not infer that the editors agree with the author, anonymous or not.

Steve Hards
Donna Cusano
Editors
steve.hards@telecareaware.com
donna.cusano@telecareaware.com

Telecare Soapbox: Value creation--wireless health companies at the fore

Tuesday, 25 May 2010 00:16

Paul Sonnier, founder of the Wireless Health group on LinkedIn and co-chair of the Healthcare Communications SIG at CommNexus San Diego, has thoughts on the new definition of 'value creation'.

During the annual Wireless-Life Science Alliance's (WLSA) annual Investor's Meeting held in La Jolla, California last week, I had the good fortune to hear a keynote presentation by Terrance Gregg, CEO at San Diego-based DexCom, which produces wearable continuous glucose monitoring devices.  Mr Gregg alluded to challenges the company has faced over the course of its history in terms of maintaining its independence while other, more established companies eyed its technology for acquisition.

After hearing this part of the DexCom story, it occurred to me that independence and durability are the eternal challenges faced by most successful technology companies and entrepreneurs.... Moreover, it's particularly poignant in the wireless health space, where the primary goals of improving the health and well-being of everyone on the planet (from industrialized to developing nations alike) and effecting drastic cost reductions in healthcare systems (some with unsustainable business models), mostly overshadow the important economic value (i.e. job creation) being created by new businesses formed to address these unmet needs.

To be clear, there is a continuum of social good being done, but with modern business realities including investor ROI requirements and exit strategies plus revenue generation needs, the idea of a sustainable company can quite easily be pushed outside the spectrum of priorities. This is why companies like DexCom, CardioNet (the first FDA-cleared wireless health company), Corventis (wireless cardiovascular solutions), and others, many working in obscurity, are laudable in that their leaders have the fortitude to build something without compromising any of these major values.

And while large companies and multinational corporations deserve credit, too, since they are essential stakeholders and drivers in the wireless health ecosystem, I’d like to tip my hat to these smaller companies and entrepreneurs, relentlessly working to achieve their multi-faceted visions of value creation.

***
Paul Sonnier is founder of the Wireless Health group on LinkedIn. The group is dedicated to advancing knowledge and building relationships between professionals interested in the convergence of wireless technology with the continuum of consumer health and clinical healthcare. Mr. Sonnier is also co-chair of the Healthcare Communications SIG at CommNexus San Diego, where he facilitates business relationships and community education about healthcare and wireless health technology trends, markets, and policies. Mr. Sonnier has performed in various program and operations management positions in the medical devices, telecommunications, and aerospace industries. He is currently Managing Director at Wireless Health Strategies, an executive management consultancy.

 

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