The recent Blue Cross and Blue Shield analysis demonstrates that digital health players should double down on their efforts to combat cognitive decline
We've seen some digital health players start making strides in better assessing cognitive impairment. For example, in November 2019, Dutch health tech giant Philips its IntelliSpace Cognition digital platform to help clinicians quickly assess, quantify, and track patients' cognitive impairment over time.
And its platform helped overcome a treatment bottleneck caused by the limited number of neuropsychologists able to conduct these kinds of cognitive assessments, which can help clinicians' stymie the progression of dementia and prevent cognitive impairment from becoming cognitive decline. And a month later, Alphabet's Verily with researchers at Wake Forest Baptist Health to test health interventions aimed at improving the physical and cognitive independence of aging adults.
But digital health players should double down on their efforts to combat cognitive decline to become attractive partners to payers dealing with steep treatment costs for a growing population. The growing number of patients diagnosed with early onset dementia and Alzheimer's underscores that there's a large gap in understanding what can be done to prevent cognitive decline.
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