Welcome to the Empowered Patient Podcast with Karen Jagoda. This show is a window into the latest innovations in applying generative AI, novel therapeutics and vaccines, and the changing dynamics in the medical and healthcare environment. One focus is on how providers, pharmaceutical companies, and payers are empowering patients. In addition, conversations are often about how providers, care facilities, pharmaceutical companies, and payers are being empowered by technology to improve patient outcomes and reduce friction across the healthcare landscape.
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The audience includes life science leaders, researchers, medical professionals, patient advocates, digital health entrepreneurs, patients, caregivers, healthcare solution providers, students, journalists, and investors.
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Jun 3, 2024
Dr. David Stein, CEO and Director of Babson Diagnostics, a healthcare technology company that focuses on putting the patient at the center of the blood testing experience, recognizing the importance of blood testing in informing clinical decisions and monitoring health. They aim to redefine blood testing by eliminating the anxiety and inconvenience associated with traditional blood testing methods by offering a more accessible and convenient approach. Blood samples are collected with an innovative device from the patient's fingertip at retail pharmacy locations, and patients use a digital app and QR code system to order and track tests and receive test results.
David explains, "Babson Diagnostics is a science-first healthcare technology company that has reimagined the end-to-end blood testing experience. In that experience, the patient and customer are the strong focus. We've all experienced times when we've had a blood test ordered for us, and we’ve felt anxious. We've tried, as much as we can, to eliminate that, both by the location where we provide the service, which is the retail pharmacy, and also through our approach, where we easily take samples from your finger, wrap it in a digital layer to make it all understandable. In the end, provide a preferred experience that is much more convenient and accessible than what you experience today."
"Probably the more important thing is how can we make it so that you don't have to get venipuncture, so that you don't have to get a needle in your arm, because for a significant part of our population, having a sharp object inserted in your body, is not something most of us like. So, in reality, between vasovagal issues and difficult veins, people are looking for a true alternative."
"People are also looking for accessibility and convenience. What we have innovated is in both aspects. One is to allow you to do broad, clinical-grade testing with a sample that's easily collected from your fingertip while also being able to get that collection done in locations near your home, such as your local supermarket or your local pharmacy. We've tried to innovate in two aspects, which is what everybody wants -- accessibility and convenience. We see that in every part of our economy and have changed the way that blood is collected so that you don’t have the anxiety of a needle going in your arm."
#BabsonDiagnostics #BloodTesting #Pharmacies #BetterWay #MedicalDevice #MedTech
