Insung-SKT-Samsung to Form u-Health Dream Team
– Insung Home Care Gateway selected as the core device
– 3.5 billion KRW Smart Care business to test u-healthcare model
– Clinical trial of 10,000 patients to provide strong entry to global market
March 10, 2010, SEOUL
Insung Information (www.insunginfo.co.kr), a u-healthcare solutions provider, announced today that the company has formed a consortium with SK Telecom and Samsung Electronics, to participate in MKE Smart Care 2010 project.
Smart Care 2010 system will be developed by the main consortium, titled the “Smart Care Consortium,” consisting of SK Telecom (leading participant), Samsung Electronics, and Insung Information, with investments from Chungcheongbuk-do, Jeollanam-do (Yeosu City), and Gyeonggi-do. With the total budget of 3.5 billion Korean Won, the product duration is three years (from March 2010 to February 2013). Approximately 10,000 patients will be selected from participating regions, for clinical trials in the project.
Smart Care 2010 will provide a ubiquitous healthcare service to patients suffering chronic illnesses. The system is based on IT-based remote health monitoring and healthcare services. This project will be an opportunity for a test-run of a comprehensive service model that can later be fully commercialized as a ubiquitous healthcare business in Korea and the global market.
Insung Information is to provide home care gateway devices and u-healthcare analysis solutions, while Samsung Electronics is to supply sensors, test equipments (such as blood test device) and gateway terminal devices. SK Telecom will develop the u-healthcare service platform and infrastructure. Combining the three companies’ core technologies, the completed solution will be a convergent u-healthcare system.
Government-led u-healthcare projects so far mostly have resulted satisfactory outcomes regarding the quality of services. However, they featured problems of small project scale and limited service coverage, leading to insufficient and unreliable clinical test outcomes.
On the other hand, MKE Smart Care 2010 is based on a business model developed with business providers at the center, and features wide service coverage and a large-scale clinical test pool of 10,000 patients.
Korea’s top healthcare providers are also to participate in the clinical trial programs, including Seoul University, Seoul Asan Medical Center, Seoul St. Mary’s Hospital, Kangbuk Samsung Hospital, National Cancer Center, and Yongin Severance Hospital. The trials will be performed based on international standards, in order to provide sufficient ground for promoting the system in the global market.
In addition, the Smart Care u-healthcare service model will be tested with over 100 local clinics and healthcare providers throughout the country, for its effectiveness as a u-healthcare system for individual practitioners of healthcare services.
Smart Care 2010 includes u-Home Care service, with u-healthcare terminals installed at the homes of patients of cancers, diabetes, hypertension, and chronic respiratory diseases. The same system will be also installed at assisted living facilities.
u-Home Care service allows patients to take vital readings such as blood pressure and glucose level on the u-healthcare terminal devices installed at home (or at the assisted living facilities). The measured data is automatically sent to the Smart Care Help Center for remote monitoring, where healthcare professionals, including physicians, nutritionists, physical therapists, monitor the data. Based on individual patient’s data, necessary treatments are prescribed, including special diets, physical therapy programs, and other measures.
When necessary, patients receive remote consultations on the video phone, with a physician at a participating clinic, who will then prescribe treatment or refer the patients for further tests.
All readings and patient histories are kept in a database, allowing patients and their physicians to access the accumulated data through u-healthcare devices, for prescription of customized healthcare measures.
Involving healthcare practitioners and facilities at all levels, Smart Care will be available for patients of chronic illnesses and those living at an assisted-living facilities. This simulates general healthcare environment in advanced countries, and allows the Smart Care u-healthcare model to be designed for such markets.
Mr. Jong-Yoon Won, CEO of Insung Information, comments that “We are excited that Insung’s core u-healthcare product, Home Care Gateway will take on an important role in this project. This will be an opportunity for us to build a strong foundation to enter the global market, as well as to contribute to improvement of healthcare for Korean citizens. We are committed to successfully implement the Smart Care system as the industry leader.”
Smart Care is an MKE (Korea Ministry of Knowledge Economy) project to develop a ubiquitous healthcare services system for patients of chronic illnesses. The system features include remote health monitoring, access to physician consultations on the video phone, and integrated support from healthcare professionals. The services, titled Smart Care, will be provided for three years, and developed into a commercialized service model.