Re: Another flop product?
Wearables will definitely be part of the healthcare solution. We already see some healthcare providers experimenting with "prescribing" wearables to at-risk patients such as teen diabetics; while insurance doesn't cover these fitness bands, hospitals/clinics are using research grants to donate the bands to financially disadvantaged youths. Once we see better apps that'll be even more useful, since studies show the majority of people across the financial spectrum have smartphones and there are already government programs in place to get these phones in the hands of the poor. Physicians need a manageable way to review this data. One doctor suggested to me a traffic light solution: Red lights to alert doctors to areas in which patients were failing (say, they weren't exercising enough) and green lights to show they were following directions (for example, monitoring their glucose levels correctly) so docs didn't have to go through data day-by-day -- an impossible task!
In addition, we need clearcut rules to protect patients' data. Right now, does anyone know how their personal information is collected, stored, or used by these wearable makers? Does anyone know if these vendors can change their ToS on a whim (as one company notably did recently when it was acquired by a larger firm)? Vendors can anonymize then sell this data and, while that may be fine by most people, I'd like to see a way for users to easily opt-in or, at least, opt-out at any time they choose. Not sure if that's the case today across all these developers, but i sincerely doubt it!