F044 Digital Health in Asia 4/5: Singapore and lucid dreaming (Tony Estrella)
Singapore, also known as Asia for beginners, is a 5.6 million people country, offering an encouraging environment to tech companies and expats. The government in Singapore is promoting IT adoption and innovation in healthcare. National Electronic Health Record system was rolled out in 2011. Combine that with countrywide connectivity, mobile-first population, and a lot of openness for collaboration with the private sector, and you get a healthtech epicenter in Asia.
Excluding China and India, Singapore took the lead by deal volume share in Asia in 2018 with 30%, followed by Japan with 27% and South Korea with 13%, according to Galen Growth.
Tony Estrella is a startup founder, investor, corporate innovation leader, and strategic advisor, with work experiences in the US, Europe and Asia. He is partnering with Asia-focused companies who are developing solutions to change the face of cancer and human longevity with core IP stemming from AI, Genomics, Blockchain, and smart devices. He recently published a fiction novel Comatose, which opens many ethical dilemmas regarding the future of healthcare technology development.
Some questions addressed:
Given that you lived all around the world, what are your observations of Asia?
Singapore offers universal healthcare coverage through a mixed financing system. How does the government support digital health development?
What drives innovation in Singapore?
The Accenture digital health in Singapore 2016 survey found that two-thirds (66%) of consumers who believe they should have EHR access want to see exactly what the doctor sees — not a summary. Opinion?
Your novel Comatose book opens up several ethical questions concerning patient data privacy, clinical trials and involuntary inclusion in medical research, hacking, medical ethics etc. How do you see the future of these issues and the actual fear from unintended consequences?
What has the process of writing a book taught you about business? (perseverance, dedicated time, did you ever get stuck. How did you design the outline of the story etc.)
**Annual End of Childhood report published by non-governmental organisation Save The Children, ranking Singapore and Slovenia as top countries for children: https://www.straitstimes.com/singapore/singapore-ranked-best-country-for-children-to-grow-up-in